中国12月CPI同比 0.8%，前值 0.7%。中国12月PPI同比 -1.9%，前值 -2.2%。 国家统计局城市司首席统计师董莉娟解读2025年12月份CPI和PPI数据： 12月份，扩内需促消费政策措施继续显效，叠加元旦临近，居民消费需求增加，居民消费价 格指数（CPI）环比上涨0.2%，同比上涨0.8%，扣除食品和能源价格的核心CPI同比上涨 1.2%。受国际大宗商品价格传导拉动以及国内重点行业产能治理相关政策持续显效等因素 影响，工业生产者出厂价格指数（PPI）环比上涨0.2%，同比下降1.9%。 一、CPI环比由降转涨，同比涨幅继续扩大，核心CPI上涨1.2% 色金属价格上行拉动国内有色金属矿采选业、有色金属冶炼和压延加工业价格环比分别上涨 3.7%和2.8%，其中银冶炼、金冶炼、铜冶炼、铝冶炼价格分别上涨13.5%、4.8%、4.6%和 0.9%。国际原油价格下行影响国内石油开采、精炼石油产品制造价格分别下降2.3%和 0.9%。 PPI同比下降1.9%，降幅比上月收窄0.3个百分点。国内各项宏观政策持续显效，部分行业价 格呈现积极变化。一是全国统一大市场建设纵深推进，相关行业价格同比降幅持续收 ...

证券日报网讯 1月7日，大中矿业（001203）在互动平台回答投资者提问时表示，公司并未开展碳酸锂 等商品期货的套期保值业务，也未参与任何相关衍生品投资，不存在应披露未披露事项。近期公司股价 波动主要受到宏观经济环境变化、行业政策动态、市场整体情绪及板块轮动等多方面因素的综合影响。 公司坚持以扎实的经营业绩和可持续的发展回报投资者，目前湖南鸡脚山和四川加达两大锂矿项目建设 均稳步推进中。公司高度关注碳酸锂价格走势，将根据市场需求科学匹配产能，依托专业的矿山管理能 力，以规模化运营和技术优势增强整体盈利能力，构建可持续的发展格局。公司将视自身资金情况，审 慎评估投资收益和风险后进行投资决策，如有明确计划，将依法履行信息披露义务。 ...

Core Viewpoint - The company Zijin Mining (601899.SH) is expected to experience significant profit growth in 2025, driven by both increased production and rising commodity prices, particularly gold and copper [3][19]. Group 1: Financial Performance - The forecast for 2025 indicates a net profit attributable to shareholders of approximately 51-52 billion yuan, representing a year-on-year increase of about 59%-62% [3][19]. - The non-recurring net profit is expected to be around 47.5-48.5 billion yuan, reflecting a growth of approximately 50%-53% [3][19]. - The company’s operating cash flow for the first three quarters of 2025 reached 52.1 billion yuan, exceeding capital expenditures by about 37 billion yuan, indicating strong cash generation [29]. Group 2: Production and Resource Expansion - The company has completed several key acquisitions, including the Ghana Akim Gold Mine and the Kazakhstan Raygorodok Gold Mine, which have significantly increased its resource reserves [5][20]. - In 2025, the company is projected to produce approximately 90 tons of gold, a year-on-year increase of 17 tons, and 1.09 million tons of copper, an increase of 20,000 tons [5][20]. - The production of lithium carbonate is expected to reach approximately 25,000 tons, a substantial increase from 261 tons in 2024 [5][20]. Group 3: Price Dynamics - The prices of gold and copper are anticipated to rise due to factors such as global interest rate cuts, ongoing geopolitical risks, and strong downstream demand [7][22]. - In the first three quarters of 2025, the selling prices of gold and copper increased by 44.42% and 8.5% year-on-year, respectively, enhancing profit margins [8][23]. Group 4: Cost Pressures - Despite high profits, the company faces cost pressures, with unit costs for gold and copper rising by 15.2% and 14.4%, respectively, in the first three quarters of 2025 [10][25]. - Factors contributing to increased costs include deeper mining operations, rising stripping ratios, and higher costs for blasting, transportation, and processing [10][25]. Group 5: Strategic Management - The company employs a counter-cyclical acquisition strategy, acquiring quality resources during industry downturns at lower costs [12][27]. - In the current high-price environment, the company is focusing on optimizing existing assets rather than aggressive expansion [29][31]. - The management transition to a new chairman is expected to be smooth, as the core team possesses extensive mining experience [32].

Core Viewpoint - The article highlights the significant profit growth expected for Zijin Mining in 2025, driven by both increased production and rising commodity prices, particularly gold and copper [3][5][12]. Group 1: Financial Performance - Zijin Mining anticipates a net profit of approximately 510-520 billion yuan for 2025, representing a year-on-year growth of about 59%-62% [3]. - The company's non-recurring net profit is expected to be around 475-485 billion yuan, with a year-on-year increase of 50%-53% [3]. - The production of gold is projected to reach about 90 tons, an increase of 17 tons compared to the previous year, while copper production is expected to rise to approximately 1.09 million tons, an increase of 20,000 tons [5][10]. Group 2: Production and Pricing Dynamics - The increase in production is attributed to successful acquisitions and operational improvements at various mines, including the Ghana Akim Gold Mine and the Kazakhstan Raygorodok Gold Mine [5][6]. - The prices of gold and copper have seen significant increases, with gold prices rising by 44.42% and copper prices by 8.5% in the first three quarters of 2025 [9][11]. - The average selling price for gold is projected at 746.43 yuan per gram, up from 516.83 yuan per gram in 2024, while copper prices are expected to average 60,878 yuan per ton, compared to 56,113 yuan per ton in the previous year [10]. Group 3: Cost Pressures and Strategic Management - Despite high profits, the company faces cost pressures, with unit costs for gold and copper rising by 15.2% and 14.4%, respectively, due to factors such as deeper mining operations and increased operational costs [11]. - Zijin Mining employs a counter-cyclical acquisition strategy, acquiring quality resources during industry downturns, which enhances its competitive edge [13][16]. - The company has focused on optimizing existing assets and improving operational efficiency during periods of high commodity prices, resulting in a significant cash flow surplus [14][16].

Group 1 - The core viewpoint of the news is that China's new round of mineral exploration actions is expected to drive up precious metal prices due to continued investment demand [1][5][6] Group 2 - Guosheng Technology announced a stock suspension for verification due to significant stock price fluctuations, with a cumulative increase of 370.20% during the specified period, indicating potential market overheating and irrational speculation risks [2] - The company's latest price-to-book ratio is significantly higher than the industry average, suggesting a bubble in stock prices, while the company remains in a loss-making state with a net profit of -151 million yuan for the first three quarters of 2025 [2] - The company is also facing uncertainties regarding external investments and high pledge ratios of controlling shareholders [3] Group 3 - The Ministry of Natural Resources reported that during the 14th Five-Year Plan period, significant progress was made in mineral exploration, with the discovery of 10 large oil fields and 19 large gas fields, and substantial increases in resources such as uranium, copper, gold, lithium, and potassium salt [5][6] - The exploration strategy will continue into 2026, focusing on improving the exploration, development, and reserve capabilities of strategic mineral resources [6] Group 4 - The global prices of non-ferrous metals have been on the rise, with London gold and silver experiencing significant increases of 64.56% and 147.79% respectively in 2025, marking the highest annual growth since 1980 [8] - As of January 6, 2026, non-ferrous metals continued their upward trend, driven by geopolitical risks, supply constraints, and steady demand [9] Group 5 - The non-ferrous metal sector has seen substantial net financing inflows, with a total of 10.97 billion yuan since December 2025, ranking fourth among all industries [10] - Companies such as Zijin Mining and Ganfeng Lithium have reported significant profit increases, with Zijin Mining expecting a net profit of 51 to 52 billion yuan for 2025, a year-on-year increase of 59% to 62% [10]

内蒙古兴业银锡矿业股份有限公司（以下简称"公司"）为深化国际化战略布局，打造国际化资本运作平 台，正在筹划发行境外上市股份（H股）并申请在香港联合交易所有限公司（以下简称"香港联交所"） 上市事宜（以下简称"本次H股上市"）。截至目前，公司正与相关中介机构就本次H股上市的相关工作 进行商讨，关于本次H股上市的细节尚未确定。 根据《中华人民共和国公司法》《中华人民共和国证券法》《深圳证券交易所股票上市规则》《境内企 业境外发行证券和上市管理试行办法》《香港联合交易所有限公司证券上市规则》等法律、法规和规范 性文件，待确定具体方案后，本次H股上市尚需提交公司董事会和股东会审议，并需取得中国证券监督 管理委员会、香港联交所和香港证券及期货事务监察委员会等相关政府机构、监管机构备案、批准或核 准。 本次H股上市能否通过审议、备案和审核程序并最终实施具有不确定性。公司将依据相关法律、法规及 规范性文件的规定，根据本次H股上市的后续进展情况及时履行信息披露义务，切实保障公司及全体股 东的合法权益。敬请广大投资者关注后续公告，注意投资风险。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000426 证券简称 ...

新年伊始，港股市场业绩预告披露逐渐进入高峰期。Wind数据显示，截至1月5日，已有超过280家港股 上市公司发布了2025财年的年度业绩预告，其中，超过10家公司预告了截至2025年12月31日的年度业绩 情况。 整体来看，在贵金属价格持续攀升的背景下，有色金属行业公司业绩普遍向好；创新药公司在生物医药 研发需求提升的背景下，业绩也实现大幅增长；部分传统行业仍面临周期性压力，业绩下降明显。 受益于全球大宗商品价格上行及产能优化，有色金属行业成为2025年港股市场的盈利担当。 除了有色金属行业外，创新药、智能驾驶等行业公司同样在2025年实现业绩大幅增长。如创新药公司百 奥赛图预计2025年归母净利润为1.35亿元，同比增长303.57%。公司表示，业绩大幅预增主要得益于海 外市场的成功拓展以及国内生物医药研发需求的逐步释放。 此外，部分金融行业公司2025年业绩也实现大增。如亚洲金融公告称，预期2025年全年公司股东应占净 利润同比将增长超过50%。 （文章来源：证券时报） 紫金黄金国际、赤峰黄金等有色金属行业公司也预计2025年业绩将实现大幅增长。 紫金黄金国际预计2025年度实现归属于母公司股东净利润约1 ...

Core Viewpoint - The non-ferrous metals sector has shown remarkable performance, dominating the annual growth rankings in 2025 and continuing its strong upward trend into 2026, driven by various macroeconomic and industry-specific factors [1][2][7]. Group 1: Market Performance - As of January 6, 2026, multiple futures contracts in the non-ferrous metals market have surged, with lithium carbonate futures hitting a limit-up of 8.99%, closing at 137,940 yuan/ton, more than doubling since mid-2025 [2]. - Major contracts for silver, platinum, and palladium have also seen significant increases, with silver rising by 7.06%, platinum by 6.02%, and palladium by 5.16%, while industrial metals like copper, tin, and nickel have risen over 4% [4]. - Zijin Mining, a leading player in the sector, saw its stock price increase by 6.5%, pushing its market capitalization past 1 trillion yuan, making it the only non-ferrous company in A-shares to reach this milestone [4]. Group 2: Catalysts for Price Increases - The strong price increases in non-ferrous metals are characterized by an enhanced trend of interlinked price movements, particularly driven by the surge in lithium-related sectors, especially lithium carbonate [8][10]. - A key factor supporting the rise in lithium prices is the delayed resumption of production at the Jiangxi Jianxiawo lithium mine due to compliance and regulatory issues, which has tightened the supply in the market [10]. - The recent spike in silver prices was catalyzed by geopolitical events, specifically a U.S. military operation in Venezuela, which triggered a surge in safe-haven buying [13]. Group 3: Supply and Demand Dynamics - The copper market is experiencing a tight supply situation, exacerbated by production halts at major mines due to accidents and declining ore grades, which have led to increased extraction costs [13]. - Aluminum prices are nearing historical highs, supported by a combination of steady demand growth and rigid supply constraints, with new capacity growth projected at only 1.8% in 2025 [15]. - Nickel prices are expected to rebound as Indonesia reduces its mining quotas, while recent policy changes in Vietnam regarding rare earths are also expected to support price increases in that sector [15][16]. Group 4: Investment Trends - The current market environment is characterized by a strong resonance between capital and industry cycles, with historical data indicating that periods of monetary easing often correlate with significant price increases in non-ferrous metals [20]. - The demand for non-ferrous metals is being driven by the growth of new technologies, including AI and renewable energy, which are expected to further enhance the sector's attractiveness as a core asset class [21][22]. - Analysts predict that the non-ferrous metals sector will continue to experience a bullish trend in 2026, with copper and lithium being highlighted as key investment areas due to their supply-demand dynamics [22][24].

Group 1 - The core viewpoint of the news is that Zijin Mining has experienced significant stock price growth and is projecting substantial profit increases for 2025, driven by production and price increases of key mineral products [1][2] Group 2 - On January 6, 2026, Zijin Mining's stock price reached a historical high of 37.7 yuan per share, with a market capitalization nearing 1 trillion yuan, closing at 37.6 yuan per share, reflecting a 6.21% increase [1] - The company expects a net profit attributable to shareholders of 510 billion to 520 billion yuan for 2025, representing a year-on-year increase of 189 billion to 199 billion yuan, or a growth of 59% to 62% [1] - The growth in profit is attributed to increased production and rising prices of key mineral products, with gold production expected to be approximately 90 tons, copper production around 1.09 million tons, silver production about 437 tons, and lithium carbonate equivalent at 2.5 million tons for 2025 [1] Group 3 - In a New Year address on January 1, 2026, the chairman of Zijin Mining stated that the company will intensify its acquisition of strategic mineral resources, focusing on gold and copper, and aims to develop a globally competitive lithium segment [2] - The company plans to achieve gold production of 105 tons, copper production of 120 tons, lithium carbonate equivalent of 12 tons, and silver production of 520 tons in 2026 [2]

公司本次为控股子公司亚太矿业提供3亿元的担保，截至本公告日，上市公司及上市公司子公司累计对 外担保余额为人民币6.1亿元，均为对控股子公司的担保，占公司2024年经审计净资产的比例为18.1%。 每经AI快讯，华钰矿业1月6日晚间发布公告称，为保障公司控股子公司贵州亚太矿业有限公司（以下 简称"亚太矿业"）项目露天金矿业务正常经营，尽早实现硐采业务顺利投产，亚太矿业拟申请流动资金 贷款如下：1、中国建设银行股份有限公司黔西南州分行（以下简称"建设银行"）批复亚太矿业流动资 金贷款1.5亿元人民币，贷款期限2年，贷款利率按照银行相关要求执行。根据建设银行批复要求，贷款 担保方式主要为：西藏华钰矿业股份有限公司提供连带责任保证，并由亚太矿业提供贷款金额20%保证 金；2、交通银行股份有限公司黔西南分行（以下简称"交通银行"）批复亚太矿业流动资金贷款1.5亿元 人民币，贷款期限2年，贷款利率按照银行相关要求执行，该笔贷款仅限用于泥堡金矿露天开采项目经 营周转使用，包括设备租赁、挖掘、疏通、运输、复垦等采剥费用支出。根据交通银行批复要求，贷款 担保方式主要为：西藏华钰矿业股份有限公司提供连带责任保证。 公司拟与上述建 ...