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CSMALL (01815.HK) and CHI SILVER GP (00815.HK) jointly announced: A breakthrough has been made in gold mining exploration in Shannan City, Tibet, revealing the potential for a large gold mine.
On January 20, Glenol announced that CSMALL (01815.HK) and CHI SILVER GP (00815.HK) jointly announced that they will complete the acquisition of Jiangxi Letong New Materials Co., Ltd. (Hold 100% equity of Tibet Longtian Yong Mining Co., Ltd.) by August 2024. Tibet Longtian Yong holds a mineral resource exploration permit for 28.88 square kilometers in Shannan City, Tibet.
CHI SILVER GP (00815) and CSMALL (01815): Preliminary expectations indicate that the prospective Metal quantity in the Shannan exploration area could reach approximately 20 to 25 tons. Resumed trading on January 20.
CHI SILVER GP (00815) and CSMALL (01815) jointly announced the following regarding CHI SILVER and CSMALL...
Express News | China Silver Group Ltd - Trading in Shares on HKEX Halted
The stock prices of the Golden Industrial Concept are rising; ZHAOJIN MINING (01818) is up by 2.64%. According to CICC, gold prices may exceed $3,000 per ounce by 2025.
Jinwu Financial News | Some stock prices of the Golden Industrial Concept rose, CHI SILVER GP (00815) increased by 11.76%, ZHAOJIN MINING (01818) rose by 2.64%, Zijin Mining Group (02899) gained 1.48%, and CHINAGOLDINTL (02099) climbed by 1.15%. Overnight international gold prices increased, with the number of first-time unemployment claims in the USA exceeding expectations, coupled with a weaker dollar, which enhanced the attractiveness of gold. New York futures gold closed at $2750.9 per ounce, up 1.2%. CICC's Research Reports state that looking ahead to 2025, gold prices may still be in a bullish market channel, potentially breaking through $3000 in 2025.
Gold Prices Hit 1-mth High After Soft CPI Data Dents Dollar
International gold prices have surpassed 2,700 dollars, with LINGBAO GOLD leading the Hong Kong stock market's Golden Industrial Concept.
① What is the reason for the overnight rise in international gold prices? ② Is there another reason for Zijin Mining Group's rebound after a decline?
