Core Viewpoint - Zhaojin Mining (01818) has seen its stock price rise over 6%, reaching a new high of 24.5 HKD, driven by strong mid-year performance and rising gold prices [1] Financial Performance - In the first half of the year, Zhaojin Mining achieved revenue of 6.973 billion RMB, a year-on-year increase of 50.69% [1] - The net profit attributable to shareholders surged by 160.44% to 1.44 billion RMB [1] - The average gold price in the first half of the year rose by 38.9% year-on-year to 724.29 RMB per gram [1] Project Development - Zhaojin Mining holds a 70% stake in the Haiyu Gold Mine, which is currently progressing rapidly in its construction phase [1] - By the first half of 2025, the 12,000 tons per day ore processing system has successfully completed initial water trials, indicating readiness for industrial production [1] - Once fully operational, the mine is expected to contribute an annual gold output of 15-20 tons [1] - According to feasibility studies, the all-in cost of gold production is only 120 RMB per gram, highlighting the mine's strong profitability [1] - The Haiyu Gold Mine is noted as the largest single gold mine in Asia, with promising future development potential [1]
招金矿业涨超6%创新高 金价走高提振上半年业绩 海域金矿未来贡献可期