Workflow
Zijin Mining(601899)
icon
Search documents
降息预期强化,工业金属和贵金属共振
Tianfeng Securities· 2025-09-14 05:41
行业报告 | 行业研究周报 金属与材料 证券研究报告 降息预期强化,工业金属和贵金属共振 基本金属:降息+旺季预期共振,铜铝价格突破上行。1)铜:本周铜价震荡上行,沪铜收于 80810元/吨。 目前美联储9 月降息预期愈发强烈,市场情绪在发酵后充分释放,铜价近期走势表现偏强震荡,后续关注 9 月 18 日 FOMC会议宏观指引。基本面上,随着旺季的来临,近期市场即便是在铜价上涨阶段,依然表现出 一定的消费需求,不过大批量的订单补充较少,市场多维持刚需采买;供应端随着高检修期的到来,市场 有逐步收紧预期,即使是在近期低价进口铜的影响下,市场升水依然表现出一定韧性,库存的积累速度也 随之放缓。整体来看,近期铜价的乐观势头较强,但情绪主导偏多,在情绪消耗殆尽后价格的上涨将有所 放缓;需求端的回升表现暂时对绝对价格的影响较为有限,不过现货价格开始出现筑底回升的趋势,现货 升水预期表现较强,预计铜价近期高位震荡运行为主。本周铜价重心继续上移,进口低价货源仍未完全消 化,但周内国产货源到货依旧较少,现货升水贴水幅度相对有限,且贴水货源吸引下游企业逢低采购,加 之后续临近交割换月,市场流通货源减少,持货商低价出货意愿减弱, ...
紫金矿业阿根廷年产2万吨碳酸锂项目投产
Xin Lang Cai Jing· 2025-09-14 05:12
据了解,当前,二期项目许可审批等前期工作正有序推进,规划碳酸锂产能4万吨/年,两期项目全部达 产后,年产能预计达6-8万吨。 据紫金矿业消息,阿根廷当地时间9月12日,紫金矿业旗下锂业科思3Q锂盐湖年产2万吨碳酸锂项目投 产仪式在卡塔马卡省菲安巴拉市举行。 ...
黄金牛市助推概念股狂飙灵宝黄金年内涨幅超5倍
Zheng Quan Shi Bao· 2025-09-12 17:08
Core Viewpoint - The gold market is experiencing a significant surge, with spot gold prices reaching a historical high of $3,674.27 per ounce, leading to substantial gains in gold-related stocks in the Hong Kong market [1] Group 1: Gold Mining Companies - Lingbao Gold has achieved an impressive annual increase of 529.56%, reaching a new high since its listing, with total gold reserves estimated at approximately 131.81 tons (about 4.1 million ounces) [1] - China Gold International, Zhaojin Mining, and Zijin Mining have seen stock price increases of 240.44%, 174.62%, and 116.12% respectively, all reaching historical highs [2] - Zijin Mining, as an industry leader, has a market capitalization exceeding HKD 757.5 billion and reported a revenue of CNY 167.7 billion for the first half of the year, reflecting a year-on-year growth of 11.5% [2] Group 2: Gold Retail Sector - Lao Pu Gold, which went public on June 28, 2024, has seen its stock price soar by 204.65% this year, and an astonishing 1,714% increase since its IPO, surpassing Tencent Holdings to become the highest-priced stock in the Hong Kong market [2] - Lao Pu Gold reported a significant revenue increase of 251% year-on-year, achieving CNY 12.354 billion in the first half of the year, with an adjusted net profit growth of 291% [2][3] - Other retail gold stocks, including Chow Tai Fook, Chow Sang Sang, and Tse Sui Luen, have also experienced stock price increases exceeding 100% [3] Group 3: Market Outlook and Capital Operations - Analysts believe that gold retains medium to long-term investment value as a safe-haven asset amid global economic uncertainties, with expectations of rising gold prices due to strong Fed rate cut predictions and ongoing central bank gold purchases [3] - Zijin Mining's subsidiary, Zijin Gold International, plans to seek a listing on the Hong Kong Stock Exchange, aiming to increase its fundraising target from $2 billion to $3 billion, potentially becoming the second-largest IPO globally this year [3] - The split listing of Zijin Gold International is seen as timely, coinciding with a rising gold price cycle, which may enhance the company's asset valuation and international competitiveness [3]
传紫金黄金国际将于下周启动30亿美元香港IPO投资者评估
Zhi Tong Cai Jing· 2025-09-12 16:49
紫金矿业早前公布,建议分拆全资子公司紫金黄金国际上市,香港联交所已确认该集团可进行建议分拆 上市。 紫金黄金国际是由紫金矿业所有黄金矿山(除中国之外)整合而成的全球领先的黄金开采企业,主要从事 黄金的勘查、开采、选矿、冶炼、精炼及销售,公司去年净利润(归属母公司)同比大增逾一倍至4.81亿 美元。截至目前,紫金黄金国际在中亚、南美洲、大洋洲和非洲等黄金资源富集区持有8座黄金矿山权 益,包括塔吉克斯坦吉劳/塔罗金矿、澳大利亚诺顿金田金矿、圭亚那奥罗拉金矿等核心资产。 紫金矿业 紫金矿业 分时图 日K线 周K线 月K线 25.65 -0.06 -0.23% 2.45% 1.63% 0.82% 0.00% 0.82% 1.63% 2.45% 25.08 25.29 25.50 25.71 25.92 26.13 26.34 09:30 10:30 11:30/13:00 14:00 15:00 0 328万 656万 983万 9月12日据市场消息,紫金矿业(601899)(02899)旗下紫金黄金国际宣布将于下周启动投资者评估,测 试市场对30亿美元香港首次公开募股(IPO)的兴趣。公司管理层将面向潜在机构投资者 ...
有色金属行业资金流入榜:北方铜业、湖南白银等净流入资金居前
有色金属行业今日上涨1.96%,全天主力资金净流入21.68亿元,该行业所属的个股共137只,今日上涨 的有104只,涨停的有6只;下跌的有33只。以资金流向数据进行统计,该行业资金净流入的个股有86 只,其中,净流入资金超亿元的有17只,净流入资金居首的是北方铜业,今日净流入资金5.90亿元,紧 随其后的是湖南白银、北方稀土,净流入资金分别为5.59亿元、4.34亿元。有色金属行业资金净流出个 股中,资金净流出超亿元的有8只,净流出资金居前的有紫金矿业、中国铝业、华友钴业,净流出资金 分别为11.76亿元、3.00亿元、2.02亿元。(数据宝) 有色金属行业资金流入榜 | | | 沪指9月12日下跌0.12%,申万所属行业中,今日上涨的有9个,涨幅居前的行业为有色金属、房地产, 涨幅分别为1.96%、1.51%。有色金属行业位居今日涨幅榜首位。跌幅居前的行业为通信、综合,跌幅 分别为2.13%、1.95%。 资金面上看,两市主力资金全天净流出536.40亿元,今日有6个行业主力资金净流入,有色金属行业主 力资金净流入规模居首,该行业今日上涨1.96%,全天净流入资金21.68亿元,其次是建筑装饰行业,日 涨 ...
龙净环保拟投资建设刚果(金)凯兰庚水电站项目
Zhi Tong Cai Jing· 2025-09-12 08:38
该项目是公司践行"环保+新能源"双轮驱动战略、深化全球清洁能源布局的关键性工程。项目发电优先 供给紫金矿业在刚果(金)的权属企业,深度强化产业协同优势,有效保障紫金矿业能源稳定供应并降低 用电成本。作为公司国际化清洁能源布局的里程碑项目,其建成将进一步提升公司海外市场竞争力与品 牌国际影响力。项目实施将扩大清洁能源发电业务规模,为公司注入可持续利润增长点,推动能源结构 绿色转型,符合公司长期发展战略与全球低碳发展大势。 龙净环保(600388)(600388.SH)发布公告,凯兰庚水电站位于刚果(金)上洛马米省(Haut Lomami)的 Lualaba河上,距离紫金矿业(601899)在刚果(金)的权属企业所在地科卢韦齐200km,刚果(金)电力缺 口巨大,科卢韦齐地区缺电明显。公司全资子公司紫金龙净通过其全资子公司龙净香港在刚果(金)收购 了项目公司80%股份,获取了140MW刚果(金)凯兰庚水电站项目开发权。项目总投资约3.99亿美元,拟 由公司自筹。 ...
有色金属行业双周报(2025、08、29-2025、09、11):美联储9月降息几成定局,金属价格上涨预期抬升-20250912
Dongguan Securities· 2025-09-12 07:49
Investment Rating - The report maintains a "Market Weight" rating for the non-ferrous metals industry, indicating that the industry index is expected to perform within ±10% of the market index over the next six months [67]. Core Viewpoints - The non-ferrous metals industry has seen a 6.46% increase over the past two weeks, outperforming the CSI 300 index by 4.57 percentage points, ranking third among 31 industries [3][13]. - Precious metals have shown significant growth, with an 18.10% increase in the last two weeks, while energy metals and industrial metals have also performed well, increasing by 10.92% and 7.60% respectively [17][19]. - The report highlights the impact of U.S. economic data on market expectations for Federal Reserve interest rate cuts, which has led to a bullish outlook for metal prices, particularly gold [6][62]. Summary by Sections Market Review - As of September 11, 2025, the non-ferrous metals industry has increased by 54.36% year-to-date, outperforming the CSI 300 index by 38.77 percentage points [13]. - The precious metals sector has seen a year-to-date increase of 67.50%, while energy metals and industrial metals have increased by 49.26% and 48.53% respectively [19][20]. Price Analysis - As of September 11, 2025, LME copper is priced at $10,057 per ton, LME aluminum at $2,679 per ton, and LME nickel at $15,220 per ton [25]. - COMEX gold is priced at $3,673.40 per ounce, reflecting a $157.3 increase since the beginning of September [37]. Industry News - The report notes the release of regulations regarding rare earth mining and processing in China, indicating a tightening control over these resources, which may affect market dynamics [63]. - The report also mentions a significant collaboration between Codelco and SQM for lithium mining in Chile, which could diversify revenue sources for Codelco amid declining copper production [56]. Company Announcements - Western Gold announced a temporary shutdown of production equipment for maintenance, which is expected to last until the end of the year [60]. - Hongda Co. plans to invest 1.59 billion yuan in Duolong Mining, maintaining a 30% stake in the company [61]. Investment Recommendations - The report suggests focusing on companies such as Zijin Mining (601899), Luoyang Molybdenum (603993), and Xiamen Tungsten (600549) due to their strong performance and market positioning [63][65].
同类可比涨幅第一,黄金股票ETF基金(159322)持续获申购
Xin Lang Cai Jing· 2025-09-12 06:02
截至2025年9月12日 13:38,中证沪深港黄金产业股票指数(931238)强势上涨1.68%,成分股豫光金铅 (600531)上涨10.02%,湖南白银(002716)上涨9.98%,株冶集团(600961)上涨8.46%,江西铜业股份 (00358),铜陵有色(000630)等个股跟涨。黄金股票ETF基金(159322)上涨2.04%,最新价报1.55元。拉长 时间看,截至2025年9月11日,黄金股票ETF基金近1周累计上涨7.65%,涨幅排名可比基金3/6。 黄金再破纪录,价格超越45年前的通胀调整后峰值。市场对美国经济走向的担忧加剧推动黄金三年牛市 延续,金价突破逾45年前创下的经通胀调整的纪录高点。9月份迄今,现货黄金已经累计上涨大约5%, 9月9日涨至3,674.27美元创历史新高。今年以来已创下超过30次名义纪录,最近一波涨势更是突破了 1980年1月21日创下的经通胀调整的纪录高点,当时金价触及850美元。考虑到数十年的消费者价格上 涨,这一水平相当于约3,590美元——尽管通胀调整方法不一,有些计算会把1980年的高点算得更低。 这是个动态指标,但分析师和投资者一致认为金价已稳稳突破这 ...
新热点!龙头股成交额A股第一
业内人士表示,在数据中心领域,机柜外部的互联以光为主,机柜内部则以铜为主。在AI需求爆发式增长的环境下,CPC方案有望成为高速信号在线上面 传输的主流技术方案。 此外,光模块、液冷服务器等板块也上涨,半导体产业链中,存储芯片板块领涨。工业富联(601138)、中科曙光(603019)、兆易创新(603986)、芯 原股份等龙头股上涨,芯原股份迎来"20CM"涨停。 科技股主线上午延续活跃态势,半导体产业链领涨。有色金属板块上涨,工业金属板块领涨。截至上午收盘,上证指数上涨0.24%,深证成指上涨 0.15%,创业板指下跌0.52%。 科技股表现活跃 这两天,算力板块不仅冒出新组合"达谷文链",还迎来一个新热点——CPC(共封装铜互连)概念。受此概念催化,立讯精密(002475)昨天涨停,今天 上午上涨2.48%,成交额为160.54亿元,居A股第一,最新市值为3931.3亿元。 今天上午,科技股表现活跃,算力板块继续走强。其中,CPC概念表现活跃,除了立讯精密,沃尔核材(002130)、金信诺(300252)、气派科技、阿石 创(300706)等也上涨,金信诺昨天"20CM"涨停,上午涨超14%。 CPC是什 ...
美联储降息催化,金银铜价格盘中走强,有色金属ETF基金(516650)涨超3%
Xin Lang Cai Jing· 2025-09-12 03:21
从资金净流入方面来看,有色金属ETF基金近15天获得连续资金净流入,合计"吸金"3.46亿元。截至9月 11日,有色金属ETF基金最新份额达3.89亿份,最新规模达5.75亿元,均创近1年新高。 9月12日 ,受美联储降息催化,金银铜价格盘中走强,细分有色指数强势上涨2.93%,截至10:50,有 色金属ETF基金(516650)上涨3.06%,其持仓股云南铜业、北方铜业双双涨停,中孚实业涨9.66%,兴业 银锡、江西铜业等个股跟涨,最新价报1.52元,净值创近4年新高。 民生证券分析指出,美联储降息预期进一步抬升,叠加"金九银十"旺季需求预期结构性改善,工业金属 价格有较强上涨动力。9月电解铜产量环比下降引发市场担忧,电解铜产量下滑将主要体现在10月,叠 加进入9月消费旺季,我们预计后续需求基本面仍旧有较强支撑。铝方面,供应端随着置换产能持续投 产放量,需求侧持货商挺价惜售情绪再起,下游逢低补库,需求存支撑。 有色金属ETF基金紧密跟踪中证细分有色金属产业主题指数,截至2025年8月29日,指数前十大权重股 分别为紫金矿业(601899)、北方稀土(600111)、洛阳钼业(603993)、华友钴业(603 ...