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An update from China Hanking Holdings Ltd. ( (HK:3788) ) is now available.
China Hanking Holdings Ltd. has announced an increase in its mining inventory to 3.1 million ounces of gold, with planned annual production expected to exceed 200,000 ounces. The update to the Definitive Feasibility Study for the Mt Bundy Gold Project and the Pre-Feasibility Study for the Cygnet Gold Project reflects changes in market conditions, including gold prices and government royalties. The Mt Bundy project has seen a 14.5% increase in its Ore Reserve Estimate, with significant enhancements in production and life of mine metrics, indicating a strengthened position in the gold mining sector.
More about China Hanking Holdings Ltd.
China Hanking Holdings Ltd. is a company involved in the mining industry, focusing on gold production. It operates projects such as the Mt Bundy and Cygnet Gold Projects, aiming to enhance its mining inventory and production capabilities.
Average Trading Volume: 5,639,687
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.8B
See more insights into 3788 stock on TipRanks’ Stock Analysis page.