The Zhitong Finance App learned that DBS released a research report stating that it will maintain Zijin Mining's (02899) “buy” rating and raise the earnings estimates for this year and next two years by 20% and 12% respectively to reflect the latest predictions for copper and gold prices. The target price was raised from HK$16 to HK$22. The company benefits from strong gold and copper price trends, increased mining production, and active mergers and acquisitions and improved operating efficiency. The growth prospects are positive. It is predicted that every 1% increase in copper and gold prices will drive Zijin Mining's earnings per share to increase by 0.9% and 0.5%, respectively.