坛金矿业(00621)发布公告，于2025年8月8日因"10并1"基准进行股份合并而削减163.36亿股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 壇金礦業有限公司 呈交日期： 2025年8月8日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00621 | 說明 | | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 ...

Core Viewpoint - The company, Tan Gold Mining (00621), announced that its share consolidation will take effect on August 8, 2025, with trading of the consolidated shares commencing at 9:00 AM on the same day [1] Company Summary - Tan Gold Mining will implement a share consolidation on August 8, 2025 [1] - The trading of the consolidated shares will begin at 9:00 AM on August 8, 2025 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責 任。 （於百慕達註冊成立之有限公司） （股份代號：621） 董 事 會 欣 然 宣 佈，於 二 零 二 五 年 八 月 六 日 舉 行 之 股 東 特 別 大 會 上，股 東 特 別 大 會 通 告 所 載 就 批 准 股 份 合 併 而 提 呈 之 普 通 決 議 案（「該決議案」）獲 股 東 按 投 票 表 決 方 式 正 式 通 過。該 決 議 案 的 投 票 結 果 如 下： | | | | 普通決議案 | | | 票 數(%) | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 贊 成 | 反 | | 對 | | 批 | 准 股 | 份 合 | 併。 | 3,695,461,992 | | | 80,110,000 | | | | | | (97.88%) | | | ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | 致：香港交易及結算所有限公司 公司名稱: 壇金礦業有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00621 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | 30,000,000,000 | HKD | | 0.01 | HKD | | 300,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | 30,000,000,000 | HKD | | 0.01 | HKD | | 300,000,000 | 本月底法定/註冊股本總額： HKD 300,000,000 FF301 第 1 頁 ...

Project Development and Financial Performance - The company reported progress in its project construction and production strategy despite a challenging operating environment[10] - The Jeanette project feasibility study was upgraded, confirming its robust viability, with financing discussions ongoing[11] - The Evander project financial model and engineering list were updated, confirming its viability, while focus remains on the Jeanette project[16] - Harmony Gold Mining Company Limited reported an operating free cash flow record of 12.74 billion South African Rand in the 2024 fiscal year[17] - The company recorded a loss attributable to equity holders of approximately HKD 22,232,000 for the fiscal year ending March 31, 2025, compared to a loss of HKD 19,174,000 for the previous year, representing an increase in loss of about 10.7%[23] - The total comprehensive income for the year was approximately HKD 14,933,000, significantly improved from a comprehensive loss of HKD 132,464,000 in the previous year[25] - The Jeanette project has an estimated initial capital cost of USD 806 million and a total capital cost of USD 1,252 million over its 22-year lifespan, with a cash operating cost of USD 546 per ounce and a sustainable total cost of USD 591 per ounce[35] - The company has no outstanding bank borrowings and a capital debt ratio of zero as of March 31, 2025, with total assets amounting to approximately HKD 2,659,302,000[26] - The company has not recorded any revenue for the fiscal year ending March 31, 2025, consistent with the previous year[25] - The average total cost for the Evander project is USD 774 per ounce, placing it in the lowest quartile of the industry cost curve[18] - The updated capital cost estimate for the Evander project is $891 million, with a total capital cost of $1,126 million over a 20-year mine life[40] - Cash operating costs are projected at $723 per ounce, with total costs estimated at $1,010 per ounce[40] - The total expenditure for the Evander project for the fiscal year ending March 31, 2025, is reported at 6 million Rand, including 2.30 million Rand for consultants and service providers[41] - The total proven and probable mineral resources for Evander and Jeanette projects combined amount to 36.76 million tons, containing 17.47 million ounces of gold[43] - The financing phase for the Jeanette project is expected to be finalized between Q3 2025 and Q2 2026, followed by construction from Q3 2026 to the end of 2028[47] - The production phase for the Jeanette project is scheduled to commence in 2029 and continue until 2050[47] Market and Industry Outlook - The gold price has more than doubled in the past decade, reflecting a significant and stable increase in demand for precious metals[17] - South Africa's gold production increased from 89 tons in 2022 to 100 tons in 2023, maintaining its position as the world's tenth-largest gold producer[17] - The company is optimistic about the gold mining industry's future, anticipating continued demand and potential price increases[17] - Gold supply is expected to peak at 110 million ounces in 2026 and decline to 103 million ounces by 2028, indicating a tightening market[18] - Gold prices increased by over 20% during the review period, supported by geopolitical tensions and conflicts in Ukraine and the Middle East[19] Social and Labor Initiatives - The social and labor program has attracted over 1,500 participants, with expenditures exceeding 13 million South African Rand from 2016 to 2024[12] - The company received approval for its revised five-year social and labor plan for 2023-2027, enhancing its community engagement efforts[15] - The company committed to donating 10,000,000 ZAR for social and labor plans from 2023 to 2027, focusing on local economic development projects[143] - The social and labor plan includes initiatives like MyFood, which teaches gardening methods to utilize available land for family support and local market sales[143] Environmental, Social, and Governance (ESG) Practices - The company has set environmental goals to reduce emissions and resource consumption in its office environment, which have been reviewed and approved by the board[88] - The environmental, social, and governance (ESG) report covers the period from April 1, 2024, to March 31, 2025, focusing on the company's gold mining operations in South Africa[91] - The company has established long-term waste reduction pathways as a goal for managing hazardous waste emissions once production begins[105] - The company has developed internal guidelines to manage various types of non-hazardous waste, aiming to minimize waste generation at the source[106] - The company engages with stakeholders through multiple communication channels, including annual performance reviews and community meetings[94] - The company has a zero-tolerance policy for unfair or illegal dismissals, ensuring compliance with labor laws in Hong Kong and South Africa[119] - The company promotes equal and fair recruitment practices, evaluating candidates based on qualifications and experience without discrimination[119] - The company has a structured compensation framework ensuring fairness and alignment with market standards[121] - The company has a zero-tolerance policy for child and forced labor, with no violations reported during the reporting period[131] - The company emphasizes the importance of human capital development for long-term success and competitive advantage[127] Corporate Governance - The board is committed to maintaining high standards of corporate governance to protect shareholder interests and improve business performance[154] - The company has complied with all provisions of the corporate governance code as per the listing rules during the reporting period[155] - The company has adopted a dividend policy that considers financial performance, cash needs, and compliance with Bermuda company law before declaring dividends[189] - The board will review the effectiveness of the risk management and internal control systems at least annually, ensuring they are adequate to protect shareholder interests[187] - The company has engaged an independent consulting firm to assist in identifying and assessing risks and to conduct internal control reviews[185] - The board has confirmed that there are no significant uncertainties regarding the company's ability to continue as a going concern[183] - The company has established a policy for handling and disclosing inside information to ensure accurate and secure management of such information[186] - The company has adopted a shareholder communication policy to ensure timely access to publicly available information for shareholders[195] Employee and Labor Relations - The group employed approximately 23 employees in Hong Kong and South Africa as of March 31, 2025, with compensation determined based on performance, experience, and market conditions[65] - Employee turnover rate is 4%, with male turnover at 8% and female turnover at 0%[124] - The company provides comprehensive benefits including paid leave, insurance, and training allowances[121] - 22% of employees participated in training programs, with 60% being male and 40% female[129] - Average training hours per employee are 2.13, with males averaging 1.58 hours and females 2.50 hours[130] - Safety measures include regular training for employees and contractors, with no reported work-related injuries or fatalities in the past three years[126] Supplier and Procurement Practices - The company employed 11 main suppliers, all located in South Africa, and has implemented a supplier management policy emphasizing environmental management and corporate social responsibility[134] - The company is focused on sustainable procurement processes, including obtaining at least three quotes and considering socio-economic factors in supplier evaluations[134] - The company regularly conducts assessments and performance reviews to ensure suppliers comply with its standards and applicable laws[134] Audit and Compliance - The audit committee held 23 meetings during the year to review financial reports, risk management, and internal control systems[173] - The nomination committee conducted one meeting to assess the independence of independent non-executive directors and reviewed the board's structure and diversity policy[176] - The company appointed Deloitte as the external auditor for the fiscal year ending March 31, 2025, with an audit fee of HKD 2,100,000[192] - The total audit fees for Deloitte's overseas network members for statutory audit services amounted to HKD 479,000 for the fiscal year ending March 31, 2025[192]

Financial Performance - For the fiscal year ending March 31, 2025, Taung Gold International Limited reported a total revenue of HKD 2,534,000, an increase of 10.6% compared to HKD 2,291,000 for the previous year [3]. - The company experienced a pre-tax loss of HKD 25,018,000, which represents an increase in loss of 20.9% from HKD 20,752,000 in the prior year [3]. - Total comprehensive loss for the year was HKD 10,085,000, a significant decrease from HKD 153,216,000 in the previous year, indicating a recovery in overall financial performance [3]. - The basic loss per share for the year was HKD 0.12, compared to HKD 0.11 in the previous year, indicating a marginal increase in loss per share [5]. - For the fiscal year ending March 31, 2025, the company reported a loss attributable to shareholders of approximately HKD 22,232,000, or a basic loss per share of HKD 0.12, compared to a loss of HKD 19,174,000, or HKD 0.11 per share for the previous fiscal year [19]. Assets and Equity - Non-current assets decreased slightly to HKD 2,582,135,000 from HKD 2,564,448,000, reflecting a stable asset base [6]. - Current assets decreased to HKD 77,167,000 from HKD 113,840,000, indicating a reduction in liquidity [6]. - The company's total equity decreased to HKD 2,640,919,000 from HKD 2,651,004,000, showing a slight decline in shareholder value [7]. - As of March 31, 2025, the company's total assets were approximately HKD 2,659,302,000, with a capital debt ratio of zero, indicating no outstanding bank borrowings [22]. Foreign Exchange and Other Income - The company reported a foreign exchange gain of HKD 14,933,000 from the translation of overseas operations, a significant improvement from a loss of HKD 132,464,000 in the previous year [3]. - The group reported a net foreign exchange loss of HKD 456,000 for the year ending March 31, 2025, compared to a loss of HKD 885,000 in the previous year, indicating a decrease in losses of approximately 48% [13]. - Total other income for the year ending March 31, 2025, was HKD 2,534,000, up from HKD 2,291,000 in the previous year, representing an increase of approximately 11% [13]. Expenses and Costs - Administrative expenses decreased to HKD 24,274,000 from HKD 25,348,000, reflecting cost control measures [3]. - The group incurred employee costs of HKD 12,811,000 for the year ending March 31, 2025, compared to HKD 12,701,000 in the previous year, showing a slight increase of about 0.87% [13]. - The group’s capitalized mining assets for the year ending March 31, 2025, included additions of HKD 7,820,000, down from HKD 10,279,000 in the previous year, reflecting a decrease of about 24% [17]. Projects and Future Plans - The Jeanette project is estimated to have a total capital cost of USD 1,252 million and a cash operating cost of USD 521 per ounce, with a total of 6.4 million ounces of gold expected to be mined over a 22-year period [28]. - The Evander project has a mineral resource estimate of 19.64 million tons of ore containing 4.29 million ounces of gold, based on an average grade of 6.80 grams per ton [32]. - The financing phase for the Jeanette project is expected to be finalized by Q3 2025 to Q2 2026 [40]. - Construction of the Jeanette project is scheduled to commence in Q3 2026 and continue until the end of 2028 [40]. - The production phase for the Jeanette project is planned from 2029 to 2050 [40]. - The research phase for the Evander project is set to conclude by Q3 2026 [41]. - Financing arrangements for the Evander project are expected to be finalized in 2027 [41]. - Construction for the Evander project is anticipated to take place from 2028 to 2033 [41]. Corporate Governance - The company is committed to high standards of corporate governance and has adhered to all corporate governance codes as of March 31, 2025 [42]. - The company has adopted the standard code of conduct for securities trading by directors as per the listing rules, confirming compliance by all directors as of March 31, 2025 [43]. - The audit committee, consisting of three independent non-executive directors, has discussed the accounting principles and financial reporting matters with management [45]. - The company has established a remuneration committee, nomination committee, and technology safety and environment committee, each with clear responsibilities [46]. Shareholder Matters - The board of directors does not recommend the payment of any dividend for the fiscal year ending March 31, 2025 [20]. - There were no purchases, sales, or redemptions of shares or other listed securities by the company or its subsidiaries during the year [47]. - The company announced the resignation of its auditor, confirming no issues requiring shareholder attention, and appointed a new auditor to fill the vacancy [49]. - The new auditor will verify the consolidated financial statements for the year ending March 31, 2025, as approved by the board on June 30, 2025 [51].

Financial Performance - The company reported a net loss of HKD 8.539 million for the six months ended September 30, 2024, compared to a net loss of HKD 9.904 million in the same period last year[5] - Total comprehensive income for the period was HKD 168.414 million, a significant improvement from a comprehensive loss of HKD 181.751 million in the previous year[5] - Basic and diluted loss per share for the period was HK 0.04 cents, an improvement from HK 0.05 cents in the same period last year[8] - The company reported a basic and diluted loss per share of HK$0.04 for the period, compared to HK$0.05 in the same period last year[60] - Total pre-tax loss for the period was HK$8.539 million, including unallocated other income of HK$1.008 million and unallocated corporate expenses of HK$5.441 million[36] - Total pre-tax loss improved from HK$9.904 million in 2023 to HK$8.539 million in 2024[39] - Other income decreased from HK$1.593 million in 2023 to HK$1.157 million in 2024, primarily due to lower bank deposit interest income[42] - Net other gains and losses improved significantly, from a net loss of HK$301,000 in 2023 to a net gain of HK$354,000 in 2024[42] - Employee costs (including directors' remuneration) decreased slightly from HK$5.652 million in 2023 to HK$5.474 million in 2024[47] Assets and Liabilities - The company's mining assets increased to HKD 2.707 billion as of September 30, 2024, up from HKD 2.529 billion as of March 31, 2024[11] - Total assets less current liabilities stood at HKD 2.832 billion as of September 30, 2024, compared to HKD 2.663 billion as of March 31, 2024[11] - The company's equity attributable to owners increased to HKD 2.261 billion as of September 30, 2024, from HKD 2.128 billion as of March 31, 2024[13] - Non-controlling interests in the company's equity rose to HKD 558.533 million as of September 30, 2024, up from HKD 523.292 million as of March 31, 2024[13] - The company's reserves increased to HKD 2.079 billion as of September 30, 2024, compared to HKD 1.946 billion as of March 31, 2024[13] - The company's capital-to-debt ratio is 0 as of September 30, 2024, with total assets of HKD 2,839,791,000[62] - The company has no outstanding bank borrowings or bank financing as of September 30, 2024[62] Cash Flow and Liquidity - Operating cash outflow increased to HKD 21.485 million in the six months ended September 30, 2024, compared to HKD 11.302 million in the same period in 2023[17] - Cash and cash equivalents decreased by HKD 24.745 million in the six months ended September 30, 2024, compared to a decrease of HKD 12.009 million in the same period in 2023[17] - The company's cash and cash equivalents at the end of the period were HKD 84.179 million, down from HKD 108.868 million at the beginning of the period[17] - Cash and cash equivalents decreased to HKD 84,179,000 as of September 30, 2024, from HKD 108,868,000 on March 31, 2024[62] Financial Reporting Standards - The company applied new Hong Kong Financial Reporting Standards (HKFRS) amendments effective from April 1, 2024, with no significant impact on financial performance[25] - The company expects that the adoption of future HKFRS amendments will not have a material impact on its financial statements, except for certain specific amendments[27] - The company is evaluating the impact of HKFRS 9 amendments related to the classification and measurement of financial instruments, which may affect disclosures but not financial performance[29] - HKFRS 18, which will replace HKAS 1, aims to improve transparency and comparability of financial performance data, with potential impacts on the company's financial statement presentation[30] Mining Projects - The company reported a segment loss of HK$4.068 million in gold exploration and development in South Africa for the six months ended September 30, 2024[36] - Compared to the same period in 2023, the segment loss in gold exploration and development decreased from HK$4.802 million to HK$4.068 million[39] - The Jeanette project has a total capital cost of USD 1,252 million over a 22-year mine life, with a cash operating cost of USD 521 per ounce[72] - The Evander project has a total capital cost of USD 1,126 million over a 20-year mine life, with a cash operating cost of USD 704 per ounce[80] - Expenditure on the Jeanette project during the period ending September 30, 2024, was ZAR 5.22 million[74] - Expenditure on the Evander project during the period ending September 30, 2024, was ZAR 2.91 million[84] - Jeanette project financing arrangements are expected to be finalized between Q3 2024 and Q2 2025, with construction set to begin in Q3 2025 and production starting in 2028[92] - Evander project construction is planned to commence in 2027, with production expected to start in 2032 and continue until 2049[94] Corporate Governance and Compliance - The company has complied with the Corporate Governance Code as outlined in Appendix C1 of the Listing Rules for the six months ended September 30, 2024[108] - No directors or key executives held any interests or short positions in the company's shares or related securities as of September 30, 2024[100] - The company has no knowledge of any employees violating the written guidelines on securities trading[110] - The audit committee, consisting of three independent non-executive directors, discussed accounting principles, internal controls, risk management, and financial reporting with the company's management[111] - The audit committee reviewed and discussed the unaudited consolidated financial statements for the six months ended September 30, 2024, with the company's management[111] - The company or its subsidiaries did not purchase, sell, or redeem any shares or other listed securities during the reporting period[112] Shareholding and Ownership - Goldborn Holdings Limited holds 11.03% of the company's issued shares as of September 30, 2024[102] - Mandra Materials Limited, Mandra Esop Limited, and Woo Foong Hong Limited collectively hold 5.89% of the company's issued shares, with Zhang Songyi owning 50% of these entities[102] - The company has not issued or exercised any share options under the 2020 Share Option Plan as of September 30, 2024[99] Risk Management and Strategy - The company focuses on reducing business risks by maintaining long-term relationships with established clients[62] - The company is monitoring foreign exchange risks and may consider hedging if deemed necessary[65] - The company is identifying short-term gold mining assets for potential acquisition[67] - The company is engaging with potential investors, including Chinese state-owned enterprises, for investment in its mining assets, with several confidentiality agreements signed[94] Employee and Operational Details - The total number of employees as of September 30, 2024, is 24, consistent with the previous count on March 31, 2024[98] - No interim dividend was declared for the six months ended September 30, 2024, consistent with the previous year's policy[61] - The report was issued by the Chairman and Executive Director of Tanjin Mining Limited on November 28, 2024[113]

Financial Performance - For the six months ended September 30, 2024, the company reported a total revenue of HKD 1,157,000, a decrease of 27.3% compared to HKD 1,593,000 for the same period in 2023[2] - The company recorded a pre-tax loss of HKD 8,539,000, which is an improvement of 13.8% from a pre-tax loss of HKD 9,904,000 in the previous year[2] - The total comprehensive income for the period was HKD 168,414,000, compared to a comprehensive loss of HKD 181,751,000 in the same period last year[6] - Basic and diluted loss per share for the period was HKD 0.04, unchanged from the previous year[6] - The company reported a loss attributable to shareholders of approximately HKD 7,400,000, compared to a loss of HKD 8,876,000 for the same period in 2023, representing a decrease in loss of about 16.6%[48] - The basic and diluted loss per share for the six months ended September 30, 2024, was HKD 0.04, compared to HKD 0.05 for the same period in 2023[48] Assets and Liabilities - The company's net assets increased to HKD 2,819,418,000 as of September 30, 2024, up from HKD 2,651,004,000 as of March 31, 2024[18] - The company's non-current assets totaled HKD 2,744,089,000, an increase from HKD 2,564,448,000 as of March 31, 2024[15] - As of September 30, 2024, the company had no outstanding bank borrowings, maintaining a capital debt ratio of zero, with total assets approximately HKD 2,839,791,000[50] Cash and Cash Equivalents - The company reported cash and cash equivalents of HKD 84,179,000, down from HKD 108,868,000 at the end of the previous reporting period[11] - The company’s cash and cash equivalents balance as of September 30, 2024, was approximately HKD 84,179,000, down from HKD 108,868,000 as of March 31, 2024[50] Expenses - The company’s administrative and operating expenses decreased to HKD 10,012,000 from HKD 11,153,000 in the previous year, reflecting a cost reduction strategy[2] - The company’s total expenses for the six months ended September 30, 2024, included employee costs of HKD 5,474,000, slightly down from HKD 5,652,000 in the same period of 2023[41] - The company reported a decrease in bank deposit interest income to HKD 1,013,000 for the six months ended September 30, 2024, down from HKD 1,337,000 in the same period of 2023[38] - The company’s financial expenses related to lease liabilities interest were HKD 29,000 for the six months ended September 30, 2024[34] Dividends - The company did not recommend the payment of an interim dividend for the six months ended September 30, 2024, compared to no dividend for the same period in 2023[42] - The board does not recommend the payment of an interim dividend for the six months ended September 30, 2024[49] Projects and Operations - The Jeanette project has an estimated total capital cost of USD 1,252 million and a cash operating cost of USD 521 per ounce of gold[58] - The feasibility study for the Jeanette project concluded that it should be executed in phases, with a projected gold extraction of 6.4 million ounces over a 22-year mine life[58] - The company has not conducted any mining or production activities during the review period[55] - The company is focusing on updating mining methods and cost data for the Jeanette project in collaboration with Minxcon, a reputable mining service provider in South Africa[54] - The company has received approval for the second five-year social and labor plan related to the Jeanette project, aimed at alleviating poverty in surrounding communities[54] - The Evander project has extracted 4.1 million ounces of gold during its lifespan, with an estimated initial capital cost of $875 million and total capital cost of $1,126 million[63] - The cash operating cost for the Evander project is $704 per ounce, while the sustainable total cost is $754 per ounce, and the total cost is $991 per ounce[63] - Total expenditure for the Jeanette project as of September 30, 2024, amounts to 5.22 million Rand, with specific costs including 1.75 million Rand for consultants and service providers, 2.90 million Rand for personnel, and 0.57 million Rand for indirect expenses[60] - The company plans to finalize the EPC contract for the Jeanette project by December 2024, with construction expected to commence in Q3 2025 and production starting from 2028 to 2049[72] - The Evander project is set to undergo a research phase for mining plans, including dewatering operations, from Q3 2025 to Q4 2025[73] - The company has engaged Minxcon to update the cost data for the Evander project, which will cover capital costs and engineering quantities[66] - The Jeanette project aims to secure financing arrangements with stakeholders between Q3 2024 and Q2 2025[72] - The company has committed to focusing on the Jeanette project due to its lower capital costs and quicker initial production timeline compared to the Evander project[70] - The Evander project is expected to have a mining lifespan of 20 years[63] - The company plans to notify shareholders of any significant developments regarding the projects as they progress[70] - The company engaged with multiple potential investors regarding its mining projects in late September 2024, including several state-owned enterprises from China[75] - The average time from discovery to production for mines is approximately 16 years, with an increasing trend in the average construction time for mines[75] Governance and Compliance - The company has adhered to the corporate governance code as of September 30, 2024, for the past six months[77] - The audit committee, composed of three independent non-executive directors, has discussed accounting principles, internal controls, risk management, and financial reporting matters with management[81] - There were no purchases, sales, or redemptions of the company's listed securities during the reporting period[82] - The interim report will be published on the relevant websites, containing all information required by the listing rules[83] Financial Reporting Standards - The company has applied new amendments to Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial position or performance for the period[23] - The company expects that the adoption of new Hong Kong Financial Reporting Standards will not have a significant impact on its financial position or performance[27] - The company anticipates that the new financial reporting standards will enhance the transparency and comparability of financial performance information[29] - The company has not recognized any tax provisions for both Hong Kong and South Africa due to the absence of taxable profits during the periods[39]

Financial Performance - For the six months ended September 30, 2023, the company reported a loss before tax of HKD 9,904,000, compared to a loss of HKD 7,942,000 for the same period in 2022, representing a 24.5% increase in losses[3] - The net loss attributable to the owners of the company was HKD 8,876,000 for the period, compared to HKD 4,379,000 in 2022, indicating a 102.3% increase in losses[4] - The total comprehensive loss for the period was HKD 181,751,000, a decrease from HKD 622,699,000 in the same period last year, showing a reduction of 70.8%[4] - The basic and diluted loss per share for the period was HKD 0.05, compared to HKD 0.02 in the previous year, indicating an increase in loss per share of 150%[4] - The company reported cumulative losses of HKD (11,302) thousand for the period, reflecting ongoing operational challenges[12] - The company reported a basic loss attributable to owners of approximately HKD 8,876,000 for the six months ended September 30, 2023, compared to a loss of HKD 4,379,000 for the same period in 2022, representing an increase in loss of 102%[39] Income and Expenses - Total other income increased to HKD 1,593,000 in 2023 from HKD 800,000 in 2022, marking a significant growth of 99.1%[4] - The company's administrative and operating expenses rose to HKD 11,153,000, up from HKD 8,365,000 in the previous year, reflecting a 33.5% increase[4] - The company recorded total other income of HKD 1,593,000 for the six months ended September 30, 2023, compared to HKD 800,000 for the same period in 2022, representing a 99% increase[26] - The company reported total expenses of HKD 6,041,000 for the six months ended September 30, 2023, which includes unallocated corporate expenses[21] Cash Flow and Assets - The company's cash and cash equivalents decreased to HKD 121,385,000 from HKD 136,708,000, representing a decline of 11.2%[7] - As of September 30, 2023, the company's total assets less current liabilities stood at HKD 2,635,854,000, down from HKD 2,817,366,000 as of March 31, 2023, a decline of 6.5%[8] - Non-current assets totaled HKD 2,517,110,000 as of September 30, 2023, compared to HKD 2,683,639,000 at the end of the previous fiscal year, a decrease of 6.2%[7] - The company's equity attributable to owners decreased to HKD 2,105,806,000 from HKD 2,248,520,000, reflecting a decline of 6.3%[8] - The total cash and cash equivalents at the end of the period decreased to HKD 121,385 thousand from HKD 150,303 thousand in 2022[12] - The net decrease in cash and cash equivalents for the period was HKD (12,009) thousand, compared to HKD (21,795) thousand in the prior year[12] Project Developments - The Jeanette project has an estimated initial capital cost of USD 771 million, with a total capital cost of USD 1,252 million over its lifespan[48] - The Jeanette project is projected to produce 6.4 million ounces of gold over its lifespan, with a cash operating cost of USD 521 per ounce[48] - The Evander project has an estimated mineral resource of 19.64 million tons containing 4.29 million ounces of gold, with an average grade of 6.80 grams per ton[49] - The Evander project has an estimated initial capital cost of $875 million and a total capital cost of $1,126 million over a 20-year mine life, with cash operating costs of $704 per ounce[51] - The total gold mined during the project life is projected to be 4.1 million ounces, resulting in a total cost of $991 per ounce[51] - The Jeanette project financing phase is expected to be finalized between Q3 2024 and Q2 2025, with construction planned from Q3 2025 to the end of 2027[59] - The Evander project research phase is scheduled for Q3 2025 to Q4 2025, with financing arrangements to be finalized in 2026[60] Corporate Governance - The company has complied with the corporate governance code as of September 30, 2023[70] - The audit committee consists of three independent non-executive directors who reviewed the unaudited consolidated financial statements for the six months ending September 30, 2023[73] - The company has established written guidelines for employees regarding securities trading, which are as stringent as the standard code[71] - There are no known violations of the written guidelines by employees[71] Shareholder Information - The company did not declare an interim dividend for the six months ended September 30, 2023, consistent with the previous year[32] - The board of directors did not recommend the payment of an interim dividend for the six months ended September 30, 2023, consistent with the previous year[40] - As of September 30, 2023, Goldborn Holdings Limited holds 2,001,362,075 shares, representing 11.03% of the total equity[68] - Mandra Materials Limited owns 777,434,722 shares, accounting for 4.28% of the total equity[68] - Mandra Esop Limited has 16,238,369 shares, which is 0.09% of the total equity[68] - Woo Foong Hong Limited possesses 276,530,727 shares, making up 1.52% of the total equity[68] - There are no short positions recorded in the company's shares or related shares as of September 30, 2023[69] Operational Status - The company has not conducted any mining or production activities during the reporting period, focusing instead on project planning and community engagement[43] - The company has a total of 24 employees as of September 30, 2023, consistent with the previous reporting period[62] - The company has not granted or exercised any options under the 2020 share option plan as of September 30, 2023[63] - The company did not purchase, sell, or redeem any of its shares or other listed securities during the reporting period[73]