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Chifeng Jilong Gold Mining Co., Ltd. Class H ( (HK:6693) ) just unveiled an update.
Chifeng Jilong Gold Mining Co., Ltd. announced that its subsidiary, Eryuan Jintai Mining Development Co., Ltd., has obtained a mining permit for the Xidengping Gold Mine in Yunnan Province. This permit, valid for ten years, allows for the open pit mining of gold and silver at a production scale of 600,000 tonnes per year. The acquisition of this permit is expected to enhance the company’s ability to secure its gold resources and expand its mining operations, pending further approvals and construction.
More about Chifeng Jilong Gold Mining Co., Ltd. Class H
Chifeng Jilong Gold Mining Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the gold mining industry. The company focuses on the extraction and production of gold and silver, utilizing open pit mining methods.
YTD Price Performance: 11.08%
Average Trading Volume: 9,864,453
Current Market Cap: HK$38.56B
See more insights into 6693 stock on TipRanks’ Stock Analysis page.