Core Viewpoint - Minmetals Resources (01208) experienced a significant stock price increase, rising over 7% and reaching HKD 7.01, with a trading volume of HKD 4.52 billion, following the announcement of strong production figures for copper and zinc in Q3 2025 [1] Production Performance - In Q3 2025, the total copper production reached 127,030 tons, marking an 11% year-on-year increase [1] - Zinc production for the same period was 58,747 tons, reflecting a 26% year-on-year growth [1] - The Las Bambas mine's production in the first half of the year positioned it as the fifth largest copper mine globally [1] Quarterly Production Insights - In Q3, the Las Bambas mine produced 102,875 tons of copper concentrate, which is a 14% increase compared to the same period in 2024, continuing the strong production momentum from Q2 [1] - The strong performance in production is attributed to the Las Bambas, Kinsevere, and Dugald River mining areas [1] Production Guidance - Due to the stable operations at the Las Bambas mine, the company has raised its annual copper production guidance for this mine to 400,000 tons [1] - The outlook suggests that this production level can be maintained over the next two years [1]
港股异动 | 五矿资源(01208)尾盘涨超7% Las Bambas矿区运营稳定 机构上调全年铜产量指引