"A-Share Focus" TNMG won the exploration rights for a copper-gold-molybdenum mine for 3.2 billion, with the stock price rising nearly 2%
TNMG won the exploration rights for the Jiguan Mountain - Hu Village copper-gold-molybdenum mine in Tongling City, Anhui Province, for approximately 3.2 billion yuan, with its stock price rising nearly 2%. The mineral types explored in this mine include copper, gold, and molybdenum, covering an area of 1.3207 square kilometers, with a yield rate of 1.2% for copper, 2.3% for gold, and 2.3% for molybdenum. The company stated that this mining auction will help enhance the resource reserves of non-ferrous metals and improve sustainable development capabilities
According to a report from Economic Information Daily on the 6th, TNMG (Shenzhen: 000630) won the exploration rights for a copper-gold-molybdenum mine for approximately 3.2 billion yuan (RMB, same below), with the current price rising by 1.8% to 5.2 yuan. According to the announcement, TNMG won the exploration rights for the Jiguan Mountain-Hucun copper-gold-molybdenum mine in Tongling City, Anhui Province, for 3.204 billion yuan. The minerals to be explored include copper, gold, and molybdenum. The area of the mine is 1.3207 square kilometers, with a revenue-sharing rate of 1.2% for copper, 2.3% for gold, and 2.3% for molybdenum. TNMG stated that this mining auction is beneficial for enhancing the company's reserves of non-ferrous metal resources and further improving its sustainable development capabilities. (ry)
