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China Nonferrous Mining Corp. Ltd. ( (HK:1258) ) has provided an announcement.
China Nonferrous Mining Corporation Limited announced a temporary suspension of production at its Southeast Mine in Zambia following a fatal incident. The suspension is expected to impact the company’s copper production by approximately 14,500 tonnes in 2025, accounting for about 9% of its annual planned production. The company is implementing countermeasures to minimize the impact, including enhancing safety management and adjusting production plans.
More about China Nonferrous Mining Corp. Ltd.
China Nonferrous Mining Corporation Limited operates in the mining industry, focusing on the production of blister copper and anode copper. The company operates the Southeast Mine in the Copperbelt Province of Zambia, with a planned copper concentrate production of 52,600 tonnes in 2025.
Average Trading Volume: 13,004,061
Technical Sentiment Signal: Buy
Current Market Cap: HK$31.68B
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