Core Viewpoint - Luoyang Molybdenum Co., Ltd. announced the acquisition of three gold mining assets in Brazil from Equinox Gold Corp. for a total consideration of $1.015 billion (approximately RMB 7.153 billion) [2][4] Group 1: Acquisition Details - The company will acquire 100% equity in Leagold LatAm Holdings B.V. and Luna Gold Corp., which includes the Aurizona Gold Mine, RDM Gold Mine, and Bahia Complex [4] - The transaction price consists of a $900 million upfront payment and up to $115 million contingent on sales after one year of closing [4] - Post-transaction, the company will own four operating gold mines with a total gold resource of 5.013 million ounces and a gold reserve of 3.873 million ounces [5] Group 2: Production and Strategic Outlook - The acquired assets are expected to produce approximately 247,300 ounces of gold in 2024, with guidance for 2025 set between 250,000 to 270,000 ounces [5] - The Chairman and Chief Investment Officer of Luoyang Molybdenum expressed optimism about the long-term market prospects for gold assets, highlighting this acquisition as a significant step in the company's "copper-gold dual-polar" merger strategy [5] - This acquisition complements the company's existing niobium and phosphate assets in Brazil, enhancing its resource layout in South America [5] Group 3: Recent Performance - In the first three quarters of 2023, the company reported a revenue of RMB 145.485 billion, a decrease of 5.99% year-on-year, while the net profit attributable to shareholders increased by 72.61% to RMB 14.279 billion [10] - The company’s stock closed at RMB 17.93 per share on December 15, 2023, with a market capitalization of RMB 383.6 billion [12]
掏出71亿元现金 河南巨头拿下国外四座金矿！