How much gold has zijin mining group's guoge mine really been "plundered"? The issue of illegal mining may be difficult to resolve in the short term.
1. Over 3 tons of gold were robbed overseas, the 'suspicions' have not been completely clarified; 2. The illegal mining problem in the La Llanada gold mine in Colombia may be difficult to solve in the short term; 3. Nearly half of zijin mining group's assets are overseas, with a majority located in underdeveloped regions with weak political and economic stability.
Refrigerant leader zhejiang juhua: Some products in Q4 have stabilized and stopped falling, opportunities outweigh challenges next year | Directly hit the earnings conference
①It is expected that refrigerant prices will rebound comprehensively in Q4, while non-refrigerants will stabilize; ②Look optimistically at next year's performance prospects, highlighting the coexistence of opportunities and challenges; ③Next year, the upward trend of refrigerants is strong, and the competitive landscape has improved somewhat; ④Non-refrigerants are still in surplus, but the risks of a large decline over the past two years have been released.
Zijin Mining Group plans to invest over ten billion yuan to develop another overseas mine, with an expected annual production of 0.1 million tons of copper and 3.8 tons of gold. | Speed reading announcement
①Zijin Mining Group once again took a major overseas copper-gold mine with an investment of over 10 billion yuan; ②It is expected to produce 0.1 million tons of copper and 3.8 tons of gold per year.
In the third quarter, the loss amount is close to the annual level of last year. How to solve the "dilemma" of the steel industry? Suggestions from the industry recommend actively reducing production.
①In the third quarter, the losses in the steel industry worsened, with 21 out of 27 listed steel smelting companies experiencing losses, totaling over 14.5 billion yuan, with the total quarterly loss amount almost approaching that of the entire previous year. ②Industry experts believe that the main reason for the losses is the overcapacity in the steel industry itself, poor industry self-discipline, failure to actively limit production, oversupply of products, continuous decline in steel prices, slow decrease in raw material prices, and severe industry profit compression.
Steel prices continue to fall, gross margin decreases, baoshan iron & steel Q3 performance drops by 60% | Interpretations
①Due to the steel prices falling more than the raw material prices, the profit margin continues to shrink, baoshan iron & steel's third-quarter performance has declined by more than 60%. ②At the same time, the decline in steel production and sales volume in the third quarter, as well as the impairment of assets extracted by the company in the third quarter, have had a certain impact on the company's performance in terms of both operational and financial data changes.
Conch Cement's Q3 revenue fell by 32.89% year-on-year, with net income also decreasing by 15.13%. | Financial Report Watch
In the third quarter, due to the dual decline in sales volume and prices of cement business products, the company's revenue and profit both saw a double-digit year-on-year decrease.
SpyderCall OP : @102640653
102640653 SpyderCall OP : If Shanghai market starts with bullishness trend it will definitely lend support to the hangseng index which had been hit quite badly in recent weeks. Hopefully the bullishness in Shanghai stands strong . Good luck
MonkeyGee : This is China's 2008!
102489169 : Agreed! Follow the trends. Invest $ that we understand, can afford to lose and know when to cut loss. Good advice.
股海踏浪 : Volume comes first before price. There was a time when a real big market didn't come out of a huge amount at the bottom? But now this amount is just a small rebound.