Gelonghui, April 26 | CITIC Construction Investment Securities Research Report indicates that the volume and price of the Zijin Mining (601899.SH) mineral copper and gold rose sharply in the first quarter and the cost dropped significantly month-on-month, and the company got off to a good start. Considering the company's position in the copper, gold and other industries and its low cost advantages, the company was given a “buy” rating. In the first quarter of 2024, the company further implemented the general policy of “improving quality, controlling costs, and increasing efficiency”. The upward trend in the cost of major mineral products was effectively curbed. The company's overall operating costs, especially the operating costs of overseas projects, declined markedly from month to month. The company focused on overseas project cost control and set up an international business committee to form an “integrated” full-process cost autonomous and controllable system for overseas construction, logistics, procurement, manpower and engineering technology. Combined with the background of the continuous rise in gold and copper prices, the company's gross profit level increased significantly.