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Pengxin International Mining (600490.SH): Has completed the acquisition and takeover of the Tau mine, and some mining areas have already produced ore.
On June 24th, Gelonhui reported that pengxin International Mining (600490.SH) announced on their interactive platform that they have completed the acquisition of the Tau Mine and some mining fields have already produced minerals. The company is currently increasing their investment in order to improve mining output.
More Unpleasant Surprises Could Be In Store For Pengxin International Mining Co.,Ltd's (SHSE:600490) Shares After Tumbling 26%
Pengxin International Mining Co.,Ltd (SHSE:600490) shares have retraced a considerable 26% in the last month, reversing a fair amount of their solid recent performance. Instead of being rewarded, s
Pengxin Resources (600490.SH): The 65061 tons of gold ore produced in the first quarter of 2024 have not yet been sold
Gelonghui, May 11, 丨 Peng Xin Resources (600490.SH) said at the performance briefing that in 2023, a batch of ore sales of about 18.31 million rand was a by-product of the development project. Sales revenue was not confirmed, reducing ongoing construction, and complying with the requirements of accounting standards. The 65061 tons of gold ore produced in the first quarter of 2024 have not yet been sold. It is normal production and mining, and is included in inventory.
Peng Xin Resources (600490.SH): Plans to complete the Tau mine merger and acquisition and resume production at Xixuan Plant in 2024
Gelonghui, May 11, 丨 Peng Xin Resources (600490.SH) said at the performance briefing that the 2024 business plan: 1. In terms of business in South Africa, complete the Tau mine merger and acquisition, the resumption of production at the Western Xuan Plant in 2024, DFS and commencement of construction of the OD project and P1 project, and the promotion of the W mine project; promote international financing for gold mine development in South Africa and optimize the funding requirements for South Africa's project development. 2. In terms of business in the Democratic Republic of the Congo (DRC), 2024 will combine the annual budget to promote fine management, implement cost reduction and efficiency measures, give full play to the role of assessment incentives, steadily increase production capacity, fully release sulfuric acid production capacity, and make rational use of sulfuric acid production capacity
Peng Xin Resources (600490.SH): Some mining sites of the P1 project related to the South African gold mine have been released and the development process is being accelerated
Peng Xin Resources (600490.SH) issued an announcement. The company announced on the afternoon of May 10, 2024 (Friday)...
Pengxin Resources (600490.SH): There is currently no silver inventory
Gelonghui, May 8, 丨 Peng Xin Resources (600490.SH) said on an interactive platform that the company currently has no silver inventory, and silver is one of the trade types in the company's trading business.
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