China Nonferrous Mining Corporation Limited announced that based on a preliminary assessment of the consolidated management accounts of the Group and the information currently available to the Board, the operating results of the Group for the six months ended June 30, 2013 are expected to substantially decline as compared to that for the corresponding period in 2012. The Board considers that the anticipated decline in the operating results of the Group for the six months ended June 30, 2013 is mainly attributable to a significant decline in copper price in the first half of 2013 as compared to the corresponding period in 2012 due to the slowdown of the global economy and the production capacity of new projects has yet to reach maximum utilization, resulting in an increase in the company's cost of sales and a drop of gross profit margin compared with the same period of last year.