Core Insights - The report highlights significant developments in copper and other mineral projects in Afghanistan and Pakistan, with a focus on the expected operational advancements by 2025 and the historical production achievements in 2024 [1][2][3]. Group 1: Project Developments - The Afghanistan Aynak copper mine is projected to achieve substantial progress by the end of 2025, with a resource increase of 1.28 million tons, raising the total resource to 12.36 million tons [2]. - The Pakistan Saindak copper-gold mine has reached record production levels, with a copper resource estimate of 1.809 million tons by the end of 2024, and a sales volume of 22,760 tons of copper [3]. - The Pakistan Saindak mine achieved an average production rate of 124.6% and generated revenue of 1.74 billion yuan, with a profit of 203 million yuan [3]. Group 2: Market Performance - The LME copper price closed at $9,760 per ton on August 15, reflecting a year-on-year increase of 6.8% [4]. - The nickel and cobalt resources at the Ramu nickel-cobalt mine in Papua New Guinea have increased to 1.842 million tons and 209,000 tons, respectively, with significant production and sales figures reported [4]. - The LME nickel price decreased by 6.9% year-on-year, closing at $15,195 per ton on August 15 [4]. Group 3: Resource Estimates and Financial Performance - The Duddar lead-zinc mine in Pakistan is estimated to have lead resources of 321,100 tons and zinc resources of 642,900 tons by the end of 2024, with expectations for resource doubling by 2025 [5]. - The Duddar mine achieved a production rate of 102.6% in 2024, with revenues of 760 million yuan and a profit of 250 million yuan [5].