Monday, July 28, 2008

Gold profit jumps

ZIJIN Mining Group Co, owner of China's largest gold mine, said yesterday first-half profit rose 45 percent as it raised production and benefited from higher bullion prices.

Net income climbed to 1.74 billion yuan (US$254 million), or 0.13 yuan a share, from 1.2 billion yuan, or 0.09 yuan a year earlier, Zijin said in a statement to Shanghai Stock Exchange.

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