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China Mining International Ltd. ( (SG:BHD) ) has issued an update.
China Mining International Ltd. has decided not to conduct a formal valuation of its mining rights for the financial year ending December 2024. This decision is driven by the stability of mineral reserves, the ongoing search for buyers by the major shareholder, and cost optimization efforts. The company emphasizes its commitment to transparency and stakeholder value, promising further updates on the sale process and other developments.
More about China Mining International Ltd.
China Mining International Ltd. is a company incorporated in the Cayman Islands, focusing on the mining industry. The company holds a 16.06% effective interest in certain mining rights, although extraction has not yet commenced.
YTD Price Performance: -10.0%
Average Trading Volume: 2,122,781
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$14.69M
See more data about BHD stock on TipRanks’ Stock Analysis page.