Zhi Tong Cai Jing·2026-02-11 03:16Group 1 - The core viewpoint of the article highlights that Zijin Mining (601899)(02899) has seen a stock increase of over 3%, currently at 43.84 HKD with a trading volume of 1.251 billion HKD [1] - Recently, Zijin Mining's meeting approved the production planning for major mineral products for the next three years (2026-2028) and a long-term vision for 2035, outlining clear production targets [1] - Citigroup believes that through existing mine expansion plans and acquisitions, Zijin Mining's production will continue to grow steadily in the coming years [1] Group 2 - Bank of America Securities noted that Zijin Mining has raised its production guidance for 2026 to 2028, expecting gold production to reach 130 to 140 tons by 2028, up from the previous guidance of 100 to 110 tons; the compound annual growth rate (CAGR) from 2025 to 2028 is projected to be 13% to 16% [1] - The company also projects copper production to reach 1.5 to 1.6 million tons by 2028, with a CAGR of 11% to 14% from 2025 to 2028 [1] - The firm believes that the company's long-term production growth is strong, cost control is strict, and valuations are reasonable, maintaining a positive outlook on gold and copper prices [1]