EMX Royalty Corporation: Zijin Mining’s Annual Results Announcement Boosts Prospects
Vancouver, BC, Canada – March 27, 2025 – EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (the “Company” or “EMX”), a precious and base metals royalty company, has recently experienced a significant development following the release of Zijin Mining Group Co., Ltd.’s (“Zijin”) annual results announcement for the year ended 31 December 2024. Zijin, EMX’s royalty partner at Timok in Serbia, reported their financial results on March 23, 2025.
Zijin’s Financial Performance
Zijin, one of China’s leading non-ferrous metal companies, reported a 23.8% increase in revenue to RMB 182.8 billion ($27.8 billion USD) and a 12.5% increase in net profit to RMB 18.6 billion ($2.9 billion USD). This impressive financial performance is attributed to the strong global demand for metals and minerals, particularly copper and zinc, which are key commodities produced by Zijin.
Impact on EMX Royalty Corporation
The positive financial results of Zijin will significantly benefit EMX Royalty Corporation. As a royalty holder, EMX will receive a percentage of the revenues generated from the production of the minerals at the Timok project. With Zijin’s increased revenue, EMX is poised to experience a substantial boost in its royalty income.
Global Impact
The mining industry as a whole is expected to benefit from the strong global demand for metals and minerals. According to the International Copper Study Group, global copper mine production is projected to rise by 3.2% in 2025, driven by increasing demand from the electric vehicle (EV) sector, renewable energy, and construction industries. Zijin, as one of the world’s largest copper producers, will play a significant role in meeting this demand.
Future Prospects
The Timok project, which is jointly owned by Zijin (70%) and EMX (30%), is a significant copper-gold porphyry project located in eastern Serbia. The project is estimated to contain approximately 3.3 billion pounds of copper equivalent in measured and indicated resources. With Zijin’s financial strength and commitment to the project, the prospects for the Timok project’s development are promising.
Conclusion
EMX Royalty Corporation stands to benefit significantly from the positive financial results reported by its royalty partner, Zijin Mining Group Co., Ltd. The mining industry as a whole is expected to see continued growth due to the increasing demand for metals and minerals, particularly copper and zinc. With the promising prospects for the Timok project’s development, EMX shareholders can look forward to a bright future.
- EMX Royalty Corporation to benefit from Zijin’s financial success
- Strong global demand for metals and minerals driving industry growth
- Timok project’s development prospects are promising
