Core Viewpoint - Shengda Resources (000603) announced the completion of partial integration of mining rights for the Baiyinda Ba Silver Polymetallic Mine and surrounding exploration rights, indicating progress in its mining operations [1] Group 1: Company Developments - The company’s subsidiary, Yindu Mining, has completed the integration of mining rights for the Baiyinda Ba Silver Polymetallic Mine, covering an area of 5.1481 square kilometers [1] - The company has also received the property certificates for mining rights and exploration rights from the Chifeng Natural Resources Bureau [1] Group 2: Regulatory Approvals - The company obtained the mining license and property certificates for both the mining rights and exploration rights for the Baiyinda Ba Silver Polymetallic Mine [1]

Core Viewpoint - The company announced the completion of the integration of mining rights and exploration rights for the Baiyinda Silver Polymetallic Mine, along with the issuance of relevant certificates by the Chifeng Natural Resources Bureau [1] Group 1: Company Developments - The company holds a 62.96% stake in Inner Mongolia Yindu Mining Co., Ltd., which is its controlling subsidiary [1] - The resource estimation area for the Baiyinda Silver Polymetallic Mine is 5.5395 square kilometers as of February 29, 2024 [1] Group 2: Resource Reserves - The Baiyinda Mine has a total ore volume of 8.034 million tons, with silver metal reserves of 1,433 tons at an average grade of 221.96 grams per ton; lead metal reserves of 149,321 tons at an average grade of 2.46%; and zinc metal reserves of 294,903 tons at an average grade of 4.10% [1] - The associated silver-lead-zinc ore reserves in the Baiyinda Mine include an ore volume of 2.84 million tons, with silver metal reserves of 87 tons at an average grade of 54.65 grams per ton; lead metal reserves of 8,212 tons at an average grade of 0.53%; and zinc metal reserves of 5,842 tons at an average grade of 0.69% [1]

证券代码：000603 证券简称：盛达资源 公告编号：2026-005 盛达金属资源股份有限公司 关于子公司银都矿业矿业权整合进展 暨取得新采矿许可证的公告 一、矿业权整合进展情况 盛达金属资源股份有限公司（以下简称"公司"）控股子公司内蒙古银都矿 业有限责任公司（以下简称"银都矿业"）于近日完成拜仁达坝银多金属矿采矿 权（矿区面积：5.1481 平方公里）和外围拜仁达坝银多金属矿普查探矿权（勘查 面积：1.43 平方公里）的部分整合工作，并收到赤峰市自然资源局颁发的拜仁达 坝银多金属矿《不动产权证书（采矿权）》《采矿许可证》和拜仁达坝银多金属矿 普查《不动产权证书（探矿权）》。具体情况如下： | 证号 | DC1000002010114210083474 | | --- | --- | | 矿山名称 | 内蒙古银都矿业有限责任公司拜仁达坝银多金属矿 | | 矿山地址 | 赤峰市克什克腾旗 | | 面积 | 5.5395 平方公里 | | 不动产单元号 | 150400803000GM00053W00000000 | | 开采深度 | 米至 米标高 1433.0000 760.0000 | | 开采主矿种 | ...

证券日报网讯1月16日，盛达资源（000603）在互动平台回答投资者提问时表示，截至2026年1月9日， 公司股东人数为44938户。 ...

Investment Rating - The report maintains a "Buy" rating for the precious metals sector, highlighting strong growth potential for key companies in the industry [4][5]. Core Insights - The report emphasizes that gold prices are expected to rise due to a combination of factors including a weakening U.S. economy, ongoing interest rate cuts, and increased demand from central banks [10][11]. - Silver is noted for its dual attributes as both an industrial and financial asset, with expectations for a price rebound driven by industrial demand, particularly in photovoltaic applications [11][10]. Summary by Sections 1. U.S. Economic Outlook - The U.S. economy is facing downward pressure, with a notable increase in unemployment rates and a decline in consumer confidence [19][26]. - The Federal Reserve is likely to continue its rate-cutting cycle, which historically correlates with rising gold prices [29][35]. 2. Sovereign Currency Credit Decline - Central banks have significantly increased gold purchases as a hedge against declining currency credit, with global central bank gold buying exceeding 1,000 tons annually for three consecutive years [8][61]. - The report indicates that the expansion of central bank balance sheets has led to a devaluation of fiat currencies, further supporting gold prices [61][66]. 3. Geopolitical Issues and Investment Demand - Geopolitical tensions and trade policies have heightened risk aversion, leading to increased investments in gold [10][11]. - The report notes a surge in ETF holdings and trading activity in gold, reflecting strong demand from emerging market investors [11][10]. 4. Silver Market Dynamics - Silver's industrial demand, particularly in solar energy, is expected to grow, creating a supply-demand gap that could drive prices higher [11][10]. - The report highlights the historical inverse relationship between the gold-silver ratio and PMI, suggesting potential for silver price increases [11][10]. 5. Investment Recommendations - The report recommends several companies in the precious metals sector, including Zijin Mining International, China National Gold, and Western Gold, among others, as having strong growth prospects [4][11].

Core Viewpoint - The company's performance is significantly influenced by the price fluctuations of its main products, including silver, gold, lead, and zinc, which are international commodities [1] Group 1: Economic Influences - Commodity prices are affected by various factors such as economic environment, supply and demand dynamics, inflation, dollar trends, and geopolitical issues [1] - The company is focused on enhancing product development efficiency while continuously monitoring both domestic and international macroeconomic conditions and political environments [1] Group 2: Risk Management Strategies - The company formulates rigorous hedging strategies to mitigate the risk of product price declines, aiming to ensure stability in its annual operational performance [1] - As of 2025, the company has not engaged in hedging activities for its mining products [1]

Core Viewpoint - Shengda Resources has sufficient and stable cash flow, allowing the company to fund mine construction and external acquisitions using its own capital while also considering financing options from financial institutions or the secondary market based on funding needs for future development and acquisitions [1] Group 1 - The company is currently utilizing its own funds for mine construction and acquisitions [1] - Financing scale will depend on future capital requirements for mine development and acquisitions [1]

Group 1: Company Overview and Projects - The company has acquired two new mining projects, with a focus on the 460 Gaodi Copper-Molybdenum Mine, aiming for construction to start in 2027 [2][3] - The company is also advancing the development of the Miaohuang Copper-Lead-Zinc-Silver Mine and ongoing exploration in the Huapeng-Na Yi and Huahou-Huayi mining areas in Guangxi [3][4] Group 2: Production and Capacity Expansion - After the official production of the Caiyuzi Copper-Gold Mine, the company expects an increase in gold and copper output [4] - The Dongsheng Mining's Bayannur Silver-Polymetallic Mine is projected to produce 250,000 tons/year, contributing to growth in silver, lead, and zinc output [4] - The company plans to gradually increase production capacity at the Jinshan Mining to 480,000 tons/year, with potential for further expansion based on resource availability [4] Group 3: Strategic Acquisitions and Resource Management - The company is focused on fine-tuning production and management of existing mines while pursuing acquisitions of quality metal resources to ensure sustainable development [5] - Acquisitions are prioritized based on cost-effectiveness and risk management, with a target mine service life of over 15 years [5] Group 4: Financing and Risk Management - The company has stable cash flow and plans to use its own funds for mining construction and acquisitions, with potential financing from financial institutions based on future capital needs [6][7] - The company is developing a hedging strategy to mitigate risks associated with price fluctuations of major products like silver, gold, lead, and zinc, which are influenced by various economic factors [7]

金属锌板块异动走高，锌业股份涨停，宏达股份、罗平锌电、新威凌、盛达资源、金徽股份等纷纷走 高。 ...

1月15日，盛达资源盘中下跌2.52%，截至09:35，报39.89元/股，成交2.08亿元，换手率0.78%，总市值 275.23亿元。 资金流向方面，主力资金净流出2086.18万元，特大单买入2495.04万元，占比11.97%，卖出4032.46万 元，占比19.35%；大单买入4773.35万元，占比22.90%，卖出5322.10万元，占比25.54%。 盛达资源今年以来股价涨28.84%，近5个交易日涨21.95%，近20日涨37.69%，近60日涨68.67%。 资料显示，盛达金属资源股份有限公司位于北京市丰台区南方庄158号盛达大厦2层，成立日期1995年6 月22日，上市日期1996年8月23日，公司主营业务涉及含银铅精粉、锌精粉的生产销售和有色金属贸 易。主营业务收入构成为：铅精粉(含银)46.04%，有色金属贸易23.91%，锌精粉(含银)20.44%，再生新 能源金属5.26%，银锭2.28%，其他1.05%，黄金1.02%。 盛达资源所属申万行业为：有色金属-工业金属-铅锌。所属概念板块包括：金属铅、黄金股、中盘、小 金属、钴镍等。 截至12月31日，盛达资源股东户数4.21万，较 ...