Dominance of Chinese gold companies dominate the world, preparations for record profits:

News India Live, Digital Desk: While on one hand, global giants like Newmont and Barrick Gold are struggling with declining production and rising costs, on the other hand, China’s Zijin Mining And Shandong Gold Companies like are headed for their highest ever profits.

1. Historic rise in gold prices

New milestone: Gold prices in January 2026 $5,100 per ounce which is a result of global geopolitical tensions and economic uncertainty.

Estimate: Many financial institutions believe that by the end of the year gold $6,000 per ounce Can also touch the level of.

2. Zijin Mining: World’s third largest miner

Zijin Mining, China’s largest mining company, has shown exceptional performance:

Profit surge: Company’s net profit to increase by 62% in year 2025 52 billion yuan ($7.4 billion) Remained.

Production Target: The company has planned for 2026 105 tons The target of gold production has been set, which is 17% more than last year.

Global Rank: In terms of market value, Zijin has now become the third largest mining company in the world after Rio Tinto and BHP.

[Image showing a massive open-pit gold mine with heavy machinery and the Zijin Mining logo]

3. 3 main reasons for the success of Chinese companies

Aggressive Acquisition: Chinese companies have acquired large gold mines in Ghana, Kazakhstan and other parts of Africa. Recently Jijin’s unit $5.5 billion Has announced the acquisition of Allied Gold.

Counter-Cyclical Strategy: While other global companies were reducing their production, Chinese companies continued to invest.

Cost Control: The production costs of Chinese companies have been lower than the global average due to technological innovation and efficient management.

4. Challenges of global companies

Unlike Chinese companies, international giants are facing several problems:

Reduction in Production: Decrease in quantity of gold in old mines.

Capital expenditure: Huge expenses and delays in starting new projects.

Stock market pressure: Due to reduced production, shares of companies like Newmont and Barrick are under pressure.