Zhi Tong Cai Jing·2025-09-03 06:19Group 1 - Zijin Mining's subsidiary, Zijin Gold International, plans to list in Hong Kong, seeking to raise funds from $2 billion to $3 billion [1] - Zijin Gold International is a leading global gold mining company, integrating gold mines outside of China, focusing on exploration, mining, processing, smelting, refining, and sales [1] - The company holds rights to eight gold mines in resource-rich regions such as South America, Oceania, Central Asia, and Africa, with a total gold resource of 1,796.5 tons [1] Group 2 - Zijin Gold International has established a leading position in the global gold mining industry through continuous resource acquisition and operational efficiency improvements [1] - According to Frost & Sullivan, by the end of 2024, the company's gold reserves and production are expected to rank ninth and eleventh globally, respectively [1] - The compound annual growth rate (CAGR) of the company's gold production from 2022 to 2024 is projected to be 21.4%, while the CAGR of net profit attributable to shareholders is expected to be 61.9% [1] Group 3 - Recent high gold prices, reaching a historical peak of $3,535, and the Federal Reserve's plans to cut interest rates may have influenced Zijin Gold International's decision to increase its fundraising target [2]