Xinjiang Xinxin Mining Industry Co,.Ltd announced group earnings guidance for the year ended December 31, 2013. For the year, the company expected to decrease significantly as compared to those for the year ended December 31, 2012. It is expected that the group will record a net loss for the year ended December 31, 2013.

The significant decline in the group's results and the net loss recorded for the year ended December 31, 2013 was mainly due to the decrease in the prices of nickel cathode and copper cathode.