In an announcement on 2011 results estimation, Zijin Mining (SHA:601899, HKG:2899)says that it expects RMB5.795 million net profit attributable to shareholders for the year, representing an increase of 20.03% over 2010. Basic EPS is estimated at RMB0.266. Operating revenue is expected to be RMB39.816 billion, up 39.51% on year.

The increase in operating results for 2011 was mainly attributable to the increase in the selling prices of the major products, such as gold, the company said.

The company plans to announce its 2011 results next month.