Zijin Mining(601899)

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紫金矿业:2024年三季报点评:业绩略超预期,2024Q3矿山金铜产量环比分别增长1%、6%


EBSCN· 2024-10-20 09:10
Investment Rating - The report maintains a "Buy" rating for Zijin Mining Group (601899 SH) [3] Core Views - Zijin Mining's Q3 2024 performance slightly exceeded expectations, with gold and copper production increasing by 1% and 6% quarter-over-quarter respectively [1] - The company achieved a revenue of 230 4 billion yuan in the first three quarters of 2024, a year-over-year increase of 2 4%, and a net profit attributable to the parent company of 243 6 billion yuan, up 50 7% year-over-year [1] - Q3 2024 net profit attributable to the parent company was 92 7 billion yuan, a year-over-year increase of 58 2% and a quarter-over-quarter increase of 5 1% [1] - The report is optimistic about the continued upward trend in copper and gold prices, driven by supply constraints and favorable demand in Q4 2024 [2] Production and Costs - Q3 2024 gold production was 18 9 tons, up 6 2% year-over-year and 1 4% quarter-over-quarter, while copper production was 271,000 tons, up 3 4% year-over-year and 5 9% quarter-over-quarter [2] - Q3 2024 gold and copper prices averaged $2,446 per ounce and $9,313 per ton, up 4% and down 6% quarter-over-quarter respectively [2] - Copper concentrate and gold concentrate costs increased slightly in Q3 2024, while gold ingot costs decreased by 1% quarter-over-quarter [2] Financial Performance - The difference between non-GAAP and GAAP net profit in Q3 2024 was mainly due to a 15 9 billion yuan gain from fair value changes [2] - The company's fair value changes were primarily driven by commodity hedging contracts [2] Project Updates - The commissioning of the lithium carbonate projects in Argentina and Tibet has been delayed to 2025 due to licensing delays and low lithium prices [2] Industry Outlook - Copper prices are expected to continue rising in Q4 2024 due to tightening supply and strong demand from the power grid and home appliance sectors [2] - Gold prices are expected to benefit from the US interest rate cut cycle and a potential return of ETF investment demand [2] Valuation and Forecast - The report raises the company's profit forecast for 2024/2025/2026 to 337/402/482 billion yuan, representing year-over-year growth of 59 5%/19 3%/20 1% [3] - The current stock price corresponds to a PE ratio of 14/12/10 times for 2024/2025/2026 [3]



紫金矿业:业绩兑现能力较强,资源再下一城


HTSC· 2024-10-20 01:03
Investment Rating - The investment rating for the company is "Buy" (maintained) [2][3] Core Views - The company has demonstrated strong earnings realization capabilities and is actively expanding its resources [3] - The company is expected to achieve its annual production targets despite some delays in project timelines due to regulatory issues and low lithium prices [5][6] - The target prices are set at HKD 19.01 and RMB 19.67, reflecting an upward adjustment based on the anticipated rise in copper and gold prices [7] Financial Performance Summary - For Q3 2024, the company reported revenues of RMB 799.80 billion, a year-on-year increase of 7.11% and a quarter-on-quarter increase of 5.74% [3] - The net profit attributable to the parent company for Q3 2024 was RMB 92.73 billion, up 58.17% year-on-year and 5.09% quarter-on-quarter [3] - Cumulative revenue for the first three quarters of 2024 reached RMB 2,303.96 billion, a year-on-year increase of 2.39%, with net profit attributable to the parent company at RMB 243.57 billion, up 50.68% year-on-year [3] Production and Cost Management - The company achieved copper and gold production of 270,000 tons and 18.9 tons in Q3 2024, with a quarter-on-quarter increase of 5.7% and 1.4% respectively [5] - The company is expected to meet its annual production targets of 1.11 million tons of copper and 73.5 tons of gold [5] - Cost management remains stable, with expectations to meet annual cost targets despite fluctuations in commodity prices [4] Valuation Metrics - The projected earnings per share (EPS) for 2024, 2025, and 2026 are RMB 1.29, RMB 1.42, and RMB 1.58 respectively [2][7] - The company’s price-to-earnings (PE) ratio is projected to decrease from 13.68 in 2024 to 11.17 in 2026, indicating improving valuation [2][7] - The return on equity (ROE) is expected to be 27.82% in 2024, reflecting strong profitability [2][7]



紫金矿业:2024年三季报点评:业绩符合预期,单季归母净利再创新高


Huachuang Securities· 2024-10-19 17:06
Investment Rating - The report maintains a "Recommended" investment rating for Zijin Mining, with a target price of 19.46 CNY, compared to the current price of 17.63 CNY [1][2]. Core Views - The company's performance meets expectations, benefiting from increased gold and copper production and prices, achieving a record high net profit attributable to shareholders in a single quarter [1][2]. - The report highlights the internal project initiation for the Juno Copper Mine, which is expected to support the company's long-term copper production goals [2][3]. Financial Performance Summary - For the first three quarters of 2024, Zijin Mining reported revenue of 230.396 billion CNY, a year-on-year increase of 2.39%. The net profit attributable to shareholders was 24.357 billion CNY, up 50.68% year-on-year [1]. - In Q3 2024, the company achieved revenue of 79.98 billion CNY, a year-on-year increase of 7.11%, and a net profit of 9.273 billion CNY, up 58.17% year-on-year [1][2]. - The operating cash flow for the first three quarters was 36.1 billion CNY, reflecting a year-on-year growth of 40.38% [1]. Production and Cost Management - The production of key minerals showed steady growth, with gold, copper, silver, and zinc output increasing by 8%, 5%, 7%, and decreasing by 4% respectively year-on-year for the first nine months of 2024 [1]. - The report indicates effective cost control, with the sales cost of gold and copper showing mixed trends, while the overall gross margin improved [1][2]. Future Projections - The report forecasts net profits for 2024, 2025, and 2026 to be 32.355 billion CNY, 37.506 billion CNY, and 45.219 billion CNY respectively, with year-on-year growth rates of 53.2%, 15.9%, and 20.6% [2][3]. - The Juno Copper Mine project is expected to contribute significantly to the company's copper production targets, aiming for an annual output of approximately 76,000 tons post-2026 [1][2].



紫金矿业:Q3业绩符合预期,充分受益于金属价格上涨


Guolian Securities· 2024-10-19 14:40
Investment Rating - The investment rating for the company is "Buy" [6][13]. Core Views - The company has benefited significantly from the rise in metal prices, with Q3 performance meeting expectations. The main metal production has seen both volume and price increases, contributing to substantial year-on-year profit growth [10][11]. - The company is a global mining giant, and its world-class resource and capacity allocation will support rapid production growth, particularly in copper and gold [13]. Summary by Sections Financial Performance - For the first three quarters of 2024, the company achieved operating revenue of 230.396 billion yuan, a year-on-year increase of 2.39%. The net profit attributable to shareholders was 24.357 billion yuan, up 50.68% year-on-year, while the net profit excluding non-recurring items was 23.747 billion yuan, reflecting a 56.16% increase [10][12]. - In Q3 2024, the company reported operating revenue of 79.980 billion yuan, a 7.11% year-on-year increase and a 5.74% quarter-on-quarter increase. The net profit attributable to shareholders was 9.273 billion yuan, up 58.17% year-on-year and 5.09% quarter-on-quarter [10][11]. Production and Cost Management - The company reported production of copper, gold, silver, and zinc for Q1-Q3 2024 at 789,500 tons, 54,270 tons, 311,110 tons, and 309,700 tons, respectively, with year-on-year changes of +4.7%, +8.3%, +6.7%, and -4.2% [11]. - The average prices for copper, gold, silver, and zinc increased by 10.0%, 21.9%, 28.9%, and 5.1% year-on-year for Q1-Q3 2024 [11]. - The company has made progress in cost control, achieving a comprehensive gross margin of 19.53% for Q1-Q3 2024, an increase of 4.37 percentage points year-on-year [12]. Profit Forecast and Valuation - The company is expected to achieve net profits attributable to shareholders of 32.225 billion yuan, 38.411 billion yuan, and 45.084 billion yuan for 2024, 2025, and 2026, respectively. The corresponding EPS is projected to be 1.21 yuan, 1.45 yuan, and 1.70 yuan [13][14]. - The current stock price corresponds to P/E ratios of 14.5, 12.2, and 10.4 for the years 2024, 2025, and 2026 [13].



紫金矿业(02899) - 2024 Q3 - 季度业绩


2024-10-18 11:02
Financial Performance - Total revenue for the third quarter reached RMB 79,979,965,562, representing a year-on-year increase of 7.11%[7] - Net profit for the third quarter was RMB 11,202,575,598, reflecting a significant growth of 54.75% compared to the same period last year[7] - The total profit for the third quarter amounted to RMB 13,737,481,764, which is an increase of 63.64% year-on-year[7] - The basic earnings per share for the third quarter were RMB 0.349, up by 56.50% from the previous year[7] - The net profit attributable to shareholders of the listed company for the third quarter was RMB 9,273,073,263, marking a 58.17% increase year-on-year[7] - The net profit excluding non-recurring gains and losses for the third quarter was RMB 8,314,444,862, up by 49.75% compared to the same period last year[7] - The net profit attributable to shareholders for the same period was 24.357 billion RMB, showing a significant year-on-year increase of 50.68%[17] - Net profit for the first three quarters of 2024 was CNY 29.68 billion, compared to CNY 20.07 billion in 2023, indicating a significant increase of approximately 47.5%[30] - The net profit attributable to the parent company for Q3 2024 reached CNY 24.36 billion, a 50.6% increase from CNY 16.16 billion in Q3 2023[32] - The total comprehensive income for Q3 2024 was CNY 34.48 billion, up 47.2% from CNY 23.43 billion in Q3 2023[32] Asset and Equity Growth - Total assets as of the end of the reporting period were RMB 378,055,900,562, a 10.22% increase from the previous year[8] - The company's total assets increased to CNY 378.06 billion in Q3 2024, up from CNY 343.01 billion in Q3 2023, marking a growth of about 10.2%[27] - The total equity attributable to shareholders of the listed company reached RMB 134,162,586,550, which is a 24.80% increase from the previous year[8] - The company's equity attributable to shareholders reached CNY 134.16 billion in Q3 2024, up from CNY 107.51 billion in Q3 2023, indicating a significant increase of approximately 24.8%[27] Cash Flow and Operating Activities - The net cash flow from operating activities for the third quarter was RMB 15,662,207,432, showing a growth of 61.54%[7] - Cash flow from operating activities for the first nine months of 2024 was CNY 36.11 billion, significantly higher than CNY 25.72 billion in the same period of 2023, marking a 40.3% increase[34] - Net cash flow from operating activities for the first three quarters of 2024 was CNY 2,855,760,309, compared to CNY 1,228,036,347 in 2023, marking a significant increase[44] Production and Sales Performance - The company achieved a gold production increase of 8% year-on-year for the first nine months of 2024, with copper production up by 5% and silver production up by 7%[17] - The company’s gold production in Q3 2024 was 18,859 kg, up from 18,601 kg in Q2 2024, indicating a 1% increase[18] - The copper production in Q3 2024 reached 270,889 tons, which is a 6% increase compared to Q2 2024[18] - The company’s zinc production in Q3 2024 was 109,652 tons, reflecting an 8% increase from the previous quarter[18] - In Q3 2024, gold ingot sales reached 9,699 kg with an average price of 553.41 CNY/g, resulting in a gross margin of 47.64%[22] Cost Management and Expenses - Total operating costs decreased to CNY 198.67 billion in 2024 from CNY 203.71 billion in 2023, reflecting a reduction of about 2.0%[30] - The company's financial expenses for the first three quarters of 2024 were CNY 830,587,976, down from CNY 1,219,934,456 in the same period of 2023, indicating a reduction of 31.9%[40] - The company's research and development expenses for the first three quarters were CNY 298,562,356, a decrease from CNY 310,281,877 in the same period of 2023[40] Future Plans and Projects - The company plans to delay the production start of the Argentina 3Q project and the Tibet Lagocuo project to 2025 due to regulatory delays and low lithium prices[19] - The company aims to optimize processes and reduce costs before the new projects commence to enhance resilience against price fluctuations[19]
紫金矿业(601899) - 2024 Q3 - 季度财报


2024-10-18 09:41
Revenue and Profit Growth - Revenue for the third quarter reached RMB 79.98 billion, a 7.11% increase year-over-year[4] - Net profit attributable to shareholders of the company was RMB 9.27 billion, up 58.17% compared to the same period last year[4] - Revenue for the first nine months of 2024 reached RMB 230.396 billion, a year-on-year increase of 2.39%, with net profit attributable to shareholders of RMB 24.357 billion, a year-on-year increase of 50.68%[14] - Q3 2024 revenue was RMB 79.98 billion, a quarter-on-quarter increase of 6%, with net profit attributable to shareholders of RMB 9.273 billion, a quarter-on-quarter increase of 5%[14] - Total operating revenue for the first three quarters of 2024 reached 230.40 billion yuan, a 2.4% increase compared to 225.01 billion yuan in the same period of 2023[25] - Net profit attributable to the parent company's shareholders in the first three quarters of 2024 was 24.36 billion yuan, a 50.7% increase from 16.16 billion yuan in the same period of 2023[29] - Revenue for the first three quarters of 2024 reached 5,316,135,898 RMB, a 21.9% increase compared to 4,360,793,094 RMB in the same period of 2023[37] - Operating profit for the first three quarters of 2024 was 1,480,567,885 RMB, up 6.5% from 1,389,787,688 RMB in the same period of 2023[37] - Net profit for the first three quarters of 2024 was 1,299,012,277 RMB, a slight decrease of 1.9% compared to 1,324,105,365 RMB in the same period of 2023[37] Asset and Liability Management - Total assets increased by 10.22% to RMB 378.06 billion compared to the end of the previous year[5] - Total assets increased to 378,055,900,562 RMB, up from 343,005,706,012 RMB[21] - Current liabilities rose to 84,994,909,973 RMB, compared to 84,182,433,105 RMB[23] - Long-term borrowings decreased to 69,759,576,398 RMB, down from 77,530,909,080 RMB[23] - Total liabilities as of the end of Q3 2024 were 209.38 billion yuan, a 2.3% increase compared to 204.64 billion yuan at the end of Q3 2023[24] - Total equity attributable to the parent company's shareholders as of the end of Q3 2024 was 134.16 billion yuan, a 24.8% increase from 107.51 billion yuan at the end of Q3 2023[24] - Total assets as of September 30, 2024, were RMB 130.98 billion, slightly lower than RMB 131.22 billion at the end of 2023[34] - Long-term equity investments as of September 30, 2024, were RMB 70.09 billion, a 2.3% increase compared to RMB 68.52 billion at the end of 2023[34] - Short-term borrowings as of September 30, 2024, were RMB 3.30 billion, a 19.6% increase compared to RMB 2.76 billion at the end of 2023[34] - Total liabilities as of Q3 2024 were 75,999,524,821 RMB, a 3.4% increase from 73,477,396,511 RMB in the same period of 2023[35] - Total equity as of Q3 2024 was 54,982,195,388 RMB, a 4.8% decrease from 57,740,796,279 RMB in the same period of 2023[35] Cash Flow and Financial Performance - Operating cash flow for the quarter was RMB 15.66 billion, a 61.54% increase year-over-year[4] - Net cash flow from operating activities in the first three quarters of 2024 was RMB 36.11 billion, a 40.4% increase compared to RMB 25.72 billion in the same period of 2023[31] - Net cash flow from investing activities in the first three quarters of 2024 was negative RMB 20.79 billion, an improvement from negative RMB 24.18 billion in the same period of 2023[33] - Cash and cash equivalents at the end of September 2024 stood at RMB 25.42 billion, a 54.8% increase compared to RMB 16.42 billion at the end of September 2023[33] - Cash flow from operating activities for the first three quarters of 2024 was 6,043,236,478 RMB, a 24.3% increase compared to 4,863,347,062 RMB in the same period of 2023[39] - Operating cash flow net amount increased to 2,855,760,309, up 132.6% compared to the previous period[41] - Investment cash inflow totaled 5,243,192,027, a significant increase from 2,608,986,668 in the previous period[41] - Net cash flow from investment activities improved to 2,578,410,076, reversing from a negative 1,265,217,217[41] - Financing cash inflow reached 21,735,868,244, slightly lower than the previous 21,824,408,500[41] - Net cash flow from financing activities was -5,961,495,543, a larger outflow compared to -1,539,632,495 previously[41] - Cash and cash equivalents at the end of the period stood at 4,141,184,849, down from 4,705,500,159 at the beginning[41] - The company received 17,843,796,000 from borrowings, a decrease from 21,124,408,500 in the previous period[41] - Dividend and interest payments amounted to 9,553,872,400, up from 6,669,327,089[41] - The company invested 2,334,991,900 in new investments, down from 3,217,296,451[41] - Exchange rate impact on cash and equivalents was -36,990,152, compared to -9,939,392 previously[41] Production and Operational Performance - The company's production and operational management capabilities improved, leading to increased output of key mineral products and effective cost control[8] - The company's mineral gold production increased by 8% year-on-year in the first nine months of 2024, while mineral copper production increased by 5%, and mineral silver production increased by 7%. Mineral zinc production decreased by 4%[14] - In Q3 2024, mineral gold production increased by 1% quarter-on-quarter, mineral copper production increased by 6%, mineral silver production increased by 12%, and mineral zinc production increased by 8%[14] - The company's gold production in the first nine months of 2024 was 54,265 kilograms, with copper production at 789,459 tons, zinc production at 309,735 tons, and silver production at 331,114 kilograms[15] - Copper smelting production increased to 574,444 tons, up 5.5% from 544,334 tons in the previous period[18] - Zinc smelting production rose to 264,003 tons, a 9.9% increase from 240,182 tons[18] - The company's gold sales in the first nine months of 2024 were 28,721 kilograms, with an average selling price of RMB 516.83 per gram, and a gross margin of 44.57%[17] - Copper sales in the first nine months of 2024 were 469,623 tons, with an average selling price of RMB 56,113 per ton, and a gross margin of 66.58%[17] - Gold bar sales reached 9,699 kg, with a gross margin of 47.64%[19] - Copper concentrate sales amounted to 154,291 tons, achieving a gross margin of 65.78%[19] - Zinc concentrate sales totaled 110,927 tons, with a gross margin of 47.62%[19] Gross Margin and Profitability - The company's mining enterprise gross margin was 57.71% in the first nine months of 2024, an increase of 7.42 percentage points year-on-year, while the comprehensive gross margin was 19.53%, an increase of 4.37 percentage points[14] - In Q3 2024, the mining enterprise gross margin was 58.48%, a quarter-on-quarter decrease of 1.20 percentage points, and the comprehensive gross margin was 20.24%, a quarter-on-quarter decrease of 1.43 percentage points[14] - Comprehensive gross margin improved to 19.53%, up from 15.16%[18] - Mining enterprise gross margin increased to 57.71%, compared to 50.29%[18] Shareholder and Equity Information - The company's top shareholder, Minxi Xinghang State-owned Assets Investment and Management Co., holds 22.89% of the shares[9] - The number of ordinary shareholders at the end of the reporting period was 410,288[9] - Basic earnings per share (EPS) for the quarter was RMB 0.349, up 56.50% year-over-year[4] - Weighted average return on equity (ROE) for the quarter was 7.14%, an increase of 1.34 percentage points[5] - Basic earnings per share (EPS) for the first three quarters of 2024 was 0.923 yuan, up from 0.615 yuan in the same period of 2023[29] - Basic earnings per share for the first three quarters of 2024 were 0.049 RMB, a slight decrease of 2% compared to 0.050 RMB in the same period of 2023[38] Non-Recurring Items and Investments - Non-recurring gains and losses for the quarter amounted to RMB 958.63 million, primarily due to gains from the disposal of long-term equity investments[6] - The company has delayed the production of its Argentina 3Q and Tibet Laguocuo lithium projects to 2025 due to delayed project permits and low lithium carbonate prices[16] Costs and Expenses - Total operating costs for the first three quarters of 2024 were 198.67 billion yuan, a 2.5% decrease compared to 203.71 billion yuan in the same period of 2023[27] - R&D expenses for the first three quarters of 2024 were 1.15 billion yuan, a 2.0% increase from 1.13 billion yuan in the same period of 2023[27] - The company's cash outflow for the purchase and construction of fixed assets, intangible assets, and other long-term assets in the first three quarters of 2024 was RMB 17.84 billion, a 7.5% decrease compared to RMB 19.28 billion in the same period of 2023[33] Interest and Comprehensive Income - Interest income for the first three quarters of 2024 was 1.88 billion yuan, a 35.7% increase compared to 1.39 billion yuan in the same period of 2023[27] - Total comprehensive income for the first three quarters of 2024 was 34.48 billion yuan, a 47.2% increase from 23.43 billion yuan in the same period of 2023[29] - Interest income for the first three quarters of 2024 was 826,939,419 RMB, a significant 179.8% increase from 295,587,549 RMB in the same period of 2023[37] - Total comprehensive income for the first three quarters of 2024 was 1,326,228,365 RMB, a 2.9% increase from 1,288,876,059 RMB in the same period of 2023[38] Sales and Revenue from Goods and Services - Sales revenue from goods and services in the first three quarters of 2024 reached RMB 253.61 billion, a 4.3% increase compared to RMB 243.20 billion in the same period of 2023[31]



紫金矿业:紫金矿业集团股份有限公司第八届董事会第九次会议决议公告


2024-10-18 09:41
证券代码:601899 股票简称:紫金矿业 编号:临 2024-059 具体内容详见公司同日披露于上海证券交易所网站及公司网站的公告。 二、审议通过《关于朱诺铜矿采选工程内部立项的议案》 董事会同意对西藏朱诺铜矿采选工程进行内部立项,总投资约人民币 83.93 亿元。 项目采用露天开采方式,采选规模为 1,800 万吨/年,主要产品为铜精矿(含银)及钼精 矿。该项目计划于 2026 年 6 月底建成投产,生产服务年限为 26 年,达产后年均产铜约 7.6 万吨、产银约 19.7 吨、产钼约 1,188 吨。目前,项目已取得采矿许可证、环评、项 目核准等多项开工前置核心手续。 近日,公司全资子公司西藏紫金实业有限公司以人民币 2.9 亿元对价受让西藏藏格 创业投资集团有限公司持有的项目公司 5%股权,目前工商变更登记已经完成。公司持有 项目公司的实际权益从 48.591%提升至 53.591%,项目公司仍为公司联营企业。 紫金矿业集团股份有限公司 第八届董事会第九次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏,并对其内容的真实性、准确性和完整性承担法律责任。 紫 ...



紫金矿业:紫金矿业集团股份有限公司第八届监事会第九次会议决议公告


2024-10-18 09:41
证券代码:601899 股票简称:紫金矿业 编号:临 2024-060 紫金矿业集团股份有限公司 第八届监事会第九次会议决议公告 (三)在提出本意见前,监事会未发现参与2024年第三季度报告编制和审议的人 员有违反保密规定的行为。 表决结果:同意5票,反对0票,弃权0票。 特此公告。 1 紫金矿业集团股份有限公司 监 事 会 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏,并对其内容的真实性、准确性和完整性承担法律责任。 紫金矿业集团股份有限公司(以下简称"公司")第八届监事会第九次会议于2024 年10月18日在公司上杭总部、厦门分部以现场和视频方式召开,会议应出席监事5名,实 际出席监事4名,监事曹三星因公务出差,已审核书面议案,形成明确的意见,并书面委 托监事刘文洪代为表决,本次会议有效表决票5票。会议的召集和召开符合《公司法》和 《公司章程》的有关规定,会议表决合法有效。监事会主席林水清先生主持会议,以投 票表决方式审议通过了以下议案: 审议通过《公司2024年第三季度报告》 经监事会认真审核董事会编制的《公司2024年第三季度报告》,提出如下书面审 核意见: (一) ...



紫金矿业:收购优质金矿标的,增储增产潜力佳


Guolian Securities· 2024-10-16 06:00
Investment Rating - The report maintains a "Buy" rating for Zijin Mining [6][31] Core Views - The acquisition of a high-quality gold mine is expected to enhance resource reserves and production capacity, positioning the company for significant growth in gold output [10][21] - The company is projected to achieve substantial increases in net profit and earnings per share (EPS) from 2024 to 2026, with net profits estimated at 31.898 billion, 38.050 billion, and 44.707 billion yuan respectively, and EPS at 1.20, 1.43, and 1.68 yuan [3][31] Summary by Sections Acquisition Details - Zijin Mining's wholly-owned subsidiary, Jinyuan International, plans to acquire 100% of Newmont Golden Ridge for approximately 1 billion USD (about 70.71 billion yuan), which holds the Akyem gold mine in Ghana [10][12] - The acquisition price corresponds to a 2023 PE ratio of about 7.81, indicating a reasonable valuation [10][12] Resource and Production Potential - The Akyem gold mine has proven gold resources of 54.4 tons and additional potential resources of 83 tons, which could be upgraded through further exploration [10][21] - The acquisition is expected to increase the company's gold production by approximately 10 tons annually, contributing to the goal of exceeding 100 tons of gold production by 2028 [21][31] Financial Projections - The company anticipates significant revenue growth, with projected revenues of 337.142 billion, 361.470 billion, and 378.865 billion yuan for 2024 to 2026, respectively [11][31] - The report forecasts a strong increase in EBITDA and net profit margins, reflecting the company's robust operational capabilities and market positioning [11][31]



紫金矿业:紫金矿业集团股份有限公司关于召开2024年第三季度业绩说明会的公告


2024-10-14 09:12
证券代码:601899 证券简称:紫金矿业 编号:临 2024-058 紫金矿业集团股份有限公司 关于召开2024年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏,并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示: 投资者可于 2024 年 10 月 16 日(星期三)至 10 月 22 日(星期二)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过紫金矿业集团股份有 限公司(以下简称"公司")邮箱 ir@zijinmining.com 进行提问。公司将在 2024 年 第三季度业绩说明会(以下简称"业绩说明会")上对投资者普遍关注的问题进行 回答。 本次业绩说明会以网络文字互动形式召开,公司将针对 2024 年第三季度的经 营情况、财务状况等与投资者进行互动交流和沟通,在信息披露允许的范围内就投 资者普遍关注的问题进行回答。 二、业绩说明会召开的时间、地点 三、参加人员 会议召开时间:2024 年 10 月 23 日(星期三)16:00-17:00 会议召开地点:上海证券交易所上证路演中心(http://roadsho ...


