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Wanguo Gold Reports Arson Attack on Solomon Islands Gold Ridge Mine, Operations Unaffected

Story Highlights
  • Arson attack at Wanguo Gold’s Solomon Islands mine damaged machinery but caused no injuries.
  • Company works with authorities amid illegal mining crackdown while operations continue normally.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wanguo Gold Reports Arson Attack on Solomon Islands Gold Ridge Mine, Operations Unaffected

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Wanguo International Mining Group Ltd. ( (HK:3939) ) has issued an announcement.

Wanguo Gold Group Limited reported that an arson incident occurred on 20 January 2026 at the Gold Ridge Mine in Guadalcanal, Solomon Islands, where unknown individuals entered the open-pit area at night and damaged more than ten pieces of machinery, though no injuries were reported and production continues as normal. The company is cooperating with the Royal Solomon Islands Police Force and local landowners amid a broader government crackdown on illegal gold panning, and it plans to enhance on-site safety measures and maintain close communication with the Solomon Islands authorities to protect its assets and preserve stable operations at the project.

The most recent analyst rating on (HK:3939) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.

More about Wanguo International Mining Group Ltd.

Wanguo Gold Group Limited is a Hong Kong-listed mining company focused on gold exploration and production. Through subsidiaries such as Gold Ridge Mining Limited in the Solomon Islands, the group holds mining and exploration licences and operates open-pit gold mines, positioning itself as a regional player in Pacific gold mining projects.

Average Trading Volume: 22,018,295

Technical Sentiment Signal: Buy

Current Market Cap: HK$55.36B

For detailed information about 3939 stock, go to TipRanks’ Stock Analysis page.

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