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Shengda Resources to Fully Acquire Mineral Mining Subsidiary for 614 Million Yuan
Express News | Shengda Resources: Intends to acquire the remaining 33% equity of Jinshan Mining with cash of 613.8 million yuan.
Shengda Resources (000603.SZ): No rare earth business
On November 6th, Gelonhui reported that shengda resources (000603.SZ) stated on the investor interaction platform that the company does not have rare earth business.
Express News | Nearly 20 A-share listed companies disclosed the latest announcements of mergers and acquisitions this week. cccg real estate corporation plans to acquire 100% equity of cccg service for 0.7 billion yuan.
Shengda Resources (000603): Silver leader deepens gold layout, planning to acquire 100% stake in Caiyuanzi copper-gold mine.
The company's core view is that the net income attributable to the mother in the first three quarters of 2024 was 0.199 billion yuan, still a year-on-year increase of 48.7% under the impact of the suspension of production in the main block mines. As a domestic leader in silver, the company has a silver production capacity of more than 200 tons at full capacity, resources.
Shengda Resources (000603.SZ): Honglin Mining Caiyuanzi Copper Gold Mine has entered the tunnel csi construction & engineering index, and the construction of the dressing plant.
On October 31st, Shengda Resources (000603.SZ) held a conference call on October 31, 2024, discussing the construction and production progress of the Honglin Mining, as well as the production volume and cost expectations for the next 2-3 years. The company stated that the Honglin Mining Caiyuanzi copper-gold mine has entered the tunnel construction phase and the construction phase of the dressing plant, the construction is fully underway at the mine site, and it is expected to start trial production from July to September 2025. The industrial ore body of the Honglin Mining Caiyuanzi copper-gold mine has an average grade of 2.82 grams/ton for gold metal and 0.48% for copper metal. The confirmed production scale is 0.396 million.
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