Zijin Mining : (H Share)Announcement-Unaudited Preliminary Interim Results 2017

Announcement Unaudited Preliminary Interim Results 2017 The major accounting data for the first half of 2017 contained in this announcement are preliminary accounting data and are unaudited. Specific data to be disclosed by the Company in its interim report 2017 shall prevail. Investors are advised to pay attention to investment risks.

1. Major accounting data and indicators for the first half of 2017

   Unit：RMB'000

   Items	Current reporting period	The same period last year	Increase/decrease (%)
   Total operating income	37,523,630	38,889,900	-3.51
   Operating profit	2,227,530	610,800	264.69
   Profit before tax	2,150,330	616,790	248.63
   Net profit attributable to owners of the parent	1,503,810	538,350	179.34
   Basic earnings per share (RMB)	0.069	0.025	176.00
   Weighted average return on net assets (%)	5.06%	1.95%	Increased by 3.11 percentage points
   End of the current reporting period	Beginning of the current reporting period	Increase/decrease (%)
   Total assets	95,108,460	89,217,700	6.60
   Equity attributable to owners of the parent	32,995,210	27,762,470	18.85
   Share capital	2,303,120	2,154,070	6.92
   Net assets per share attributable to owners of the parent (RMB)	1.433	1.289	11.17

   Note: 1. The figures of the beginning of the current reporting period are the same as the figures of the end

   of last year disclosed statutorily;

2. The above figures are consolidated figures of the Group;

3. The nominal value of the shares of the Company is RMB0.10 each;

4. The Company carried out non-public issuance of RMB ordinary A Shares in the first half of 2017, the basic earnings per share for the first half of 2017 is calculated based on the weighted average total number of shares after the non-public issuance of A Shares.

5. Explanations of the operating results and financial condition

1. In the first half of 2017, the Company closely adhered to the key principles of "clinging to reforms, maintaining growth and boosting development" to proceed its work. As a result, various production indicators were better than expectation. The expected increase in interim results is mainly attributable to rising metal prices, increase in the production and sales volume of the Company's mine-produced copper and mine-produced zinc, and a rather considerable growth in the Company's non-recurrent income in the first half of 2017 over the same period last year.

2. Reasons regarding the fluctuations for items with changes of 30% or more in the above table

Reasons for changes in operating profit and profit before tax: It was mainly attributable to rising metal prices, increase in the production and sales volume of the Company's mine-produced copper and mine-produced zinc, and a rather considerable growth in the Company's non-recurrent income in the first half of 2017 over the same period last year.

The announcement is written in both Chinese and English. In the case of any discrepancies, the Chinese version shall prevail over its English version.

Investors and shareholders are advised by the board of directors to exercise caution when dealing in the shares of the Company.

Fujian, the PRC, 20 July 2017

*The Company's English name is for identification purpose only