Overall Performance - China Gold International achieved revenue of $925 million in the first three quarters of 2025, representing a year-on-year increase of 99.83% [1] - The company reported a net profit attributable to shareholders of $341 million, marking a turnaround from losses [1] - Quarterly net profits for Q1, Q2, and Q3 were $85 million, $115 million, and $141 million respectively, with Q3 showing a quarter-on-quarter increase of 22.43% [1] Production and Sales Data - The company produced 4.02 tons of gold and sold 4.21 tons in the first three quarters [1] - The Changshanhao mine contributed approximately 2.12 tons of gold production and 2.34 tons of sales, while the Jiama mine contributed about 1.90 tons of production and 1.87 tons of sales [1] Cost Data - The unit production cost for gold at the Changshanhao mine was $1,639 per ounce [1] - The Jiama mine's copper unit production costs were $3.23 per pound, with quarterly costs of $3.41, $3.19, and $3.13 per pound for Q1, Q2, and Q3 respectively [1] Mining Operations - The Changshanhao gold mine operates as an open-pit mining operation with a designed mining and processing capacity of 60,000 tons per day, which was reduced to 40,000 tons per day following a mine plan update in July 2019 [1] - The open-pit mining operations are approaching the end of the mine's life, with underground operations expected to continue until approximately 2029 [1] Investment Outlook - The company has raised its full-year performance expectations, forecasting revenues of $1.277 billion, $1.440 billion, and $1.564 billion for 2025-2027, with year-on-year growth rates of 68.8%, 12.7%, and 8.6% respectively [2] - Projected net profits for the same period are $502 million, $666 million, and $740 million [2]