[I-bank focus]CS lifts Zijin Mining (2899) target to HK$9.6

  <ET Net News Agency, 21 October 2010>  Credit Suisse lifted its target price for Zijin
Mining (02899) to HK$9.6 from HK$6.6, and maintained its "outperform" rating.
  It raised its earnings by 9% and 16% for 2010 and 2011, to reflect higher gold and
copper price assumptions.  With the implied gold price at US$1,000/oz, or more than a
US$300/oz discount to the spot level, CS continues to see value in the stock.
  The house expects gold price to reach US$1,314/oz in 2011, up 19% from the previous
assumption and copper price to rise to US$3.95/lb, up 13% from the previous number.