China Daye Non-Ferrous Metals Mining Limited provided consolidated earnings guidance for the six months ended June 30, 2013. For the period, the group is expected to substantially decline or a net loss may be incurred as compared to a net profit for the corresponding period in 2012. The Board considered that the anticipated decline in the net profit or the net loss of the Group for the six months ended June 30, 2013 is mainly attributable to a significant decline in copper and gold price and an increase in the Group's cost of sales which resulted in a decrease in gross profit margin for the six months ended June 30, 2013 as compared to the corresponding period in 2012 and an impairment of goodwill due to the slowdown of the global economy.