A股矿业巨头洛阳钼业，海外买入金矿

Core Viewpoint - Luoyang Molybdenum Co., Ltd. (CMOC) is acquiring gold assets from Equinox Gold for $1.015 billion, aiming to enhance its gold production capabilities amid high international gold prices [1][14][21]. Group 1: Acquisition Details - The acquisition includes four operating gold mines: Aurizona, RDM, and the Bahia complex in Brazil [5][19]. - The total gold resource from these assets is 5.013 million ounces, with an average grade of 1.88 grams per ton [20]. - The transaction price consists of $900 million at closing and up to $115 million contingent on future gold sales [21][22]. Group 2: Production Expectations - Aurizona is expected to produce between 70,000 to 90,000 ounces of gold in 2025, while RDM is projected to yield 50,000 to 60,000 ounces [19]. - The Bahia complex is estimated to produce between 125,000 to 145,000 ounces in 2025 [20]. - After the acquisition, CMOC's annual gold production is anticipated to increase by approximately 8 tons [20]. Group 3: Strategic Implications - CMOC's chairman emphasized that this acquisition aligns with the company's strategy to diversify its resource portfolio, focusing on copper and gold [22][23]. - The company aims to leverage synergies with its existing operations in Brazil, enhancing its resource base in South America [22][23]. - The deal is subject to regulatory approvals in Brazil and China, expected to be completed by Q1 2026 [11][23]. Group 4: Financial Performance - In the first three quarters of the year, CMOC reported revenues of 145.485 billion yuan and a net profit of 14.280 billion yuan, marking a 72.61% year-on-year increase [24].