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China Gold International Resources Reports Strong Financial and Operational Results for Q3 and First Nine Months of 2026
November 12, 2026 — Leads & Copy — China Gold International Resources Corp. Ltd. reported significant financial and operational improvements for the third quarter and the first nine months of 2026 compared to the same periods in 2025. The company, which operates the CSH Gold Mine in Inner Mongolia, China, and the Jiama Copper-Gold Polymetallic Mine in Tibet, China, saw substantial increases in revenue, mine operating earnings, net profit, and cash flow from operations.
For the third quarter ended September 30, 2026, revenue reached US$454.0 million, a 32% increase from US$345.0 million in the third quarter of 2025. Mine operating earnings rose to US$297.2 million, an increase of US$100.2 million from US$197.0 million in the prior year's quarter. Net profit for the quarter was US$254.1 million, up US$111.8 million from US$142.3 million in the same period of 2025. Cash flow from operations also saw a considerable jump, from US$234.7 million to US$334.4 million.
In terms of production for the third quarter, total gold output was 41,891 ounces, a 2% increase from 41,150 ounces in the third quarter of 2025. Copper production experienced a slight decrease, with 42.29 million pounds (approximately 19,184 tonnes) produced, compared to 42.34 million pounds (approximately 19,204 tonnes) in the same period of the previous year.
The nine-month period ended September 30, 2026, also demonstrated strong financial performance. Revenue for the first nine months was US$1,368.2 million, an increase of 48% from US$925.4 million for the same period in 2025. Mine operating earnings surged to US$917.4 million, an increase of US$443.3 million from US$474.1 million in the first nine months of 2025. Net profit for the period was US$766.3 million, a substantial increase of US$421.7 million from US$344.6 million in the prior year. Cash flow from operations grew from US$569.6 million to US$889.6 million.
Production figures for the nine-month period showed a decrease in gold output, with 114,208 ounces produced, down 12% from 129,350 ounces in the same period of 2025. Copper production, however, saw a slight increase, with 120.9 million pounds (approximately 54,855 tonnes) produced, compared to 119.3 million pounds (approximately 54,127 tonnes) for the same period in 2025.
Mr. Chenguang Hou, Chairman and CEO of China Gold International Resources, commented on the results, stating that the company and its team navigated a complex mining environment with agility, achieving significant improvements in operational quality and demonstrating resilience. He highlighted the company's focus on strategic project development, technological advancement and digital transformation, and optimizing exploration and development strategies. Hou expressed confidence in the company's ability to lead the industry through organic growth and sustainable development, thereby creating value for shareholders.
China Gold International Resources is a gold and base metal mining company incorporated in BC, Canada. The company's objective is to build shareholder value by growing production, expanding its resource base, and acquiring and developing new international projects. The company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKEX: 2099).