Chinese company rakes in US$334M from Guyana gold mine in six months - thedailyherald.sx

AI desk brief

Zijin Mining reported H1 2026 revenue of US$334M from its Aurora Gold Mine in Guyana, with Aurora production up 10% y/y to 2.2 tonnes and company-wide mined gold output up 44% y/y to about 27.3 tonnes. The group said higher gold prices, newly acquired assets and operating improvements lifted revenue to US$3.987B, while cost cuts, recovery improvements and solar/storage systems reduced diesel dependence at Aurora.

For the gold market, the key takeaway is incremental supply growth from a major producer: Aurora is Guyana’s only large-scale gold operator, and Zijin also highlighted ongoing drilling and mine optimization that should support continued output. The mine’s estimated reserves of about 184 tonnes underscore the medium-term production backdrop.