Zhuzhou Smelter Group: High proportion of external purchase materials suppresses gross margin of gold business, Kangjiawan Mine technical renovation project underway | Earnings conference coverage
①Due to the increased proportion of purchased gold-containing raw materials, the gross margin of the gold business has decreased. ②The trial production of the Shuikoushan Kangjiawan Mine technical transformation project of the company is progressing smoothly, and the production capacity will increase to 0.7 million tons per year.
Longao Company plans to introduce zijin mining group as the second largest shareholder. The stock price rose nearly 20% with increased volume ahead of schedule. Who is the "clairvoyant"? | Quick read announcement.
①Longgao shares intend to introduce war investment zijin mining group to become the company's second largest shareholder; ②Before the announcement, the stock price had already shown unusual movements several trading days in advance, showing a trend of increasing volume and rising, with a total increase of approximately 20% during this period.
Tibet Huayu Mining's H1 net income increased by more than 30%, while Talco Aluminum Industry's antimony ore grade did not meet expectations? | Interpretation of the financial report
① Thanks to factors such as the rise in prices of nonferrous metal products, tibet huayu mining's net income in H1 increased by more than 30% YoY. ② A customer of tibet huayu mining told reporters that the actual grade of TAR aluminum industry's antimony ore is not as high as expected.
Net income in the first half of the year reached a historical high, and henan yuguang gold & lead's 0.71 billion yuan convertible bonds are about to be issued | Interpretations of the financial report
① Thanks to the overall increase in the "volume and price" of the company's main nonferrous metal products, Henan Yuguang Gold & Lead achieved a historical high in H1 net income since its listing; ② The company's ore is all sourced from external purchases. Although the gross margin of lead products has been negative in recent years, the overall profit is still good when considering the income from by-products such as gold and silver.
Silver manganese mining capacity release, inner mongolia xingye silver&tin mining's H1 net income increased by more than 5 times year-on-year|Interpretations
① Benefiting from the strong rise in nonferrous metals prices and the production capacity release of block orders Inner Mongolia Xingye Silver&Tin Mining, the net income in the first half of the year increased more than five times year-on-year; ② Inner Mongolia Xingye Silver&Tin Mining is conducting exploration and reserve enhancement in Silver Man Mining.
Worsened lithium prices? Annual production capacity increased by 79%, with four mines in Argentina jointly contributing, including Zijin Mining and Ganfeng Lithium.
Four new lithium mining projects in Argentina will be put into production in the coming weeks to months, which will nearly double Argentina's lithium production capacity. Although the new capacity will not be put into use immediately, the increased certainty of future supply will undoubtedly further increase the downward pressure on lithium prices.