智通财经网·2025-12-22 06:13Core Viewpoint - Macquarie has updated its production guidance for Zijin Mining's Kamoa-Kakula copper project for 2026 and 2027, alleviating previous concerns about production interruptions [1] Group 1: Production Guidance - The copper production guidance for 2026 has been adjusted to between 380,000 to 420,000 tons, and for 2027 to between 500,000 to 540,000 tons [1] Group 2: Price Forecasts - Gold price forecasts for 2025 to 2027 have been increased by 2%, 22%, and 35% respectively, while copper price forecasts have been raised by 2%, 13%, and 0% [1] Group 3: Earnings Forecasts - Zijin Mining's earnings forecasts for the same period have been raised by 20%, 61%, and 35% respectively [1] Group 4: Target Price and Rating - Macquarie has increased the target price for Zijin Mining by 75% to HKD 40, which corresponds to a projected price-to-earnings ratio of 9.6 times for the next year, maintaining an "outperform" rating [1]