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CHINAGOLDINTL (02099.HK) released the production guidance for 2025, and the production Operation of the Jiamar mine was unaffected by the earthquake.
On January 13, Gelonghui reported that CHINAGOLDINTL (02099.HK) released its production guidance for 2025 and stated that the production Operation of the Qiama Copper-Gold Polymetallic Mine ("Qiama Mine") was not affected by the earthquake in the Tibet Autonomous Region. The 2025 production guidance: The Qiama Mine is expected to produce approximately 139 million to 148 million pounds of Copper (approximately 0.063 million tons to 0.067 million tons) and approximately 69,124 to 73,947 ounces of Gold (approximately 2.15 tons to 2.3 tons); the Changshanhao Mine is expected to produce approximately 77,162 to 83,592 ounces of Gold (approximately 2.4 tons to 2.6 tons).
There Is A Reason China National Gold Group Gold Jewellery Co.,Ltd.'s (SHSE:600916) Price Is Undemanding
[Brokerage Focus] Northeast Securities initially rated CHINAGOLDINTL (02099) as a "Shareholding" with the resumption of operations at the Jiamaka Copper Mine driving a turnaround in performance.
Jinwu Finance | Northeast Securities released a Research Report indicating that CHINAGOLDINTL (02099) Jia Ma Copper Mine's output for 2024 will exceed the initial guidance, and Changshan Hao Mine is in line with the guidance. The company proposed a long-term development plan in three phases for Jia Ma Mine, with a prospect for further increase in production capacity. The institution believes that the current resource reserves of Jia Ma Copper Mine are abundant (Copper resource amount of 6.79 million Metal tons and Copper reserves of 2.12 million Metal tons), with a long exploitable lifespan (calculated at an output of 0.085 million tons/year, resource amount/reserves can be exploited for 80/25 years), coupled with the exploration in Bayi Pasture and Zegu Langbei has shown great potential, suggesting that Jia Ma Copper Mine may have significant expansion capacity in the long term.
Hong Kong stock market fluctuations | CHINAGOLDINTL (02099) rises over 6%, Jiamar Mine's production this year will exceed the annual production guidance, Institutions are Bullish on the upward trend of Gold and Copper prices.
CHINAGOLDINTL (02099) rose over 6%, up 6.75% as of the report, at 40.35 Hong Kong dollars, with a transaction amount of 66.0934 million Hong Kong dollars.
CHINAGOLDINTL (02099.HK): Jiama Mine's production in 2024 exceeds expectations, and the long-term development plan for Jiama Mine has been announced.
Gelonghui, December 30 - CHINAGOLDINTL (02099.HK) announced the preliminary production results for the full year of 2024 and an outline of the long-term development plan for the Jiamar Mine. According to the company's production situation as of December 29, 2024, the output of the Jiamar Mine will exceed the annual production guidance disclosed on March 28, 2024, while the output of the Changshanhao Gold Mine ('Changshanhao Mine') for 2024 meets the annual production guidance disclosed on March 28, 2024: Jiamar Mine: Copper output is approximately 102 million pounds (about 0.0463 million tons), Gold output is approximately 53,370 ounces (about 1.66 tons); Chang.
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Little Excitement Around China National Gold Group Gold Jewellery Co.,Ltd.'s (SHSE:600916) Earnings
