Core Insights - The company reported a third-quarter revenue of 7.913 billion yuan, representing a year-on-year increase of 26.74% [1] - The net profit for the third quarter was 649 million yuan, showing a year-on-year growth of 11.32% [1] - For the first three quarters, the total revenue reached 21.717 billion yuan, up 22.99% year-on-year, while net profit was 1.702 billion yuan, reflecting a slight increase of 0.06% [1] - The performance improvement is primarily attributed to the increase in production and sales of copper products, along with a rise in copper prices [1]

人民财讯10月23日电，据自然资源部官微，10月23日，2025(第二十七届)中国国际矿业大会在天津开 幕，大会主题为"互融互通，共建共享"。大会由中国矿业联合会主办，会期10月23日至25日。本届大会 展览规模刷新创办以来纪录，将举办40余场论坛推介。沙特阿拉伯等24国矿业主管部门负责人、驻华使 节出席开幕式，来自42个国家500多家企业近万名专业人士参会参展。 ...

每经AI快讯，盛屯矿业（SH 600711，收盘价：10.42元）10月23日晚间发布公告称，截至本公告披露 日，公司本次回购计划已实施完毕。公司通过集中竞价交易方式累计回购A 股股份约5862万股，累计已 回购股份占公司总股本比例为1.8968%，成交的最高价为11.35元/股，成交的最低价为约8.10元/股，累 计已支付金额约为5.56亿元。 2024年1至12月份，盛屯矿业的营业收入构成为：能源金属业务占比60.98%，基本金属业务占比 31.29%，金属冶炼及综合回收占比5.14%，其他业务占比2.58%。 截至发稿，盛屯矿业市值为322亿元。 每经头条（nbdtoutiao）——四次登上央视，知名大佬"消失"5年，我们在水果仓库找到了他！从月薪 5000到千亿市值公司联席总裁，他45岁再创业 （记者 曾健辉） ...

Core Viewpoint - The company has completed its share repurchase plan, acquiring a total of 58.623 million A-shares, which represents 1.8968% of the company's total share capital [1] Summary by Categories Share Repurchase - The total amount paid for the repurchased shares is 556 million yuan [1] - The funds used for the repurchase were sourced entirely from the company's own funds and a special bank repurchase loan [1] - The execution of the repurchase plan aligns with the originally disclosed plan, indicating no discrepancies [1] Impact on Company - The share repurchase will not have a significant impact on the company's operations, finances, or future development [1] - The repurchase will not affect the company's listing status or lead to any changes in control [1]

Core Insights - The Ministry of Natural Resources released the "China Mineral Resources Report (2025)" at the 2025 China International Mining Conference, highlighting significant investments and discoveries in mineral resources in China [1] Investment and Discoveries - In 2024, geological exploration investment in China reached 115.994 billion yuan, marking four consecutive years of growth, with a cumulative investment of nearly 450 billion yuan since the 14th Five-Year Plan [1] - A total of 150 new mineral sites were discovered in 2024, including 49 large, 54 medium, and 47 small sites, with notable discoveries in ordinary fluorite, lithium, gold, and iron [2] Mining Industry Performance - Fixed asset investment in the mining industry continued to grow for four years, with a 10.5% increase in 2024 compared to the previous year, contributing to the stability of global supply chains [2] - Production of ten non-ferrous metals continued to rise, and energy mineral outputs such as coal, crude oil, and natural gas reached historical highs in 2024 [2] Technological Innovation and International Cooperation - In 2024, China implemented 10 national standards and 85 industry standards in the mineral resources sector, launching major technological projects and international scientific initiatives [3] - The country is enhancing international cooperation in the mining sector, maintaining connections with energy resource countries and international organizations, and increasing foreign investment access [3]

Core Viewpoint - China International Capital Corporation (CICC) reports that Minmetals Resources (01208) is expected to see copper and zinc production increase by 11% and 26% respectively in Q3 2025 compared to the same period last year, driven by strong performance from the Las Bambas, Kinsevere, and Dugald River mines [1] Group 1 - The stable operation of the Las Bambas mine has led the company to raise its full-year copper production guidance to 400,000 tons [1] - CICC believes that this production level can be maintained over the next two years [1] - The earnings forecast for Minmetals Resources for 2026 to 2027 has been raised by 7% [1] Group 2 - The target price for Minmetals Resources has been adjusted from HKD 8.41 to HKD 8.63 [1] - CICC reaffirms a "Buy" rating for the company [1]

证券日报网讯宝地矿业（601121）10月23日在互动平台回答投资者提问时表示，新矿集团是宝地矿业的 控股股东，本次拟参与认购募集配套资金是基于对宝地矿业的支持和看好宝地矿业未来发展作出的决 策。目前金源矿冶暂未参与公司募集配套资金事宜。 ...

美乌两国签署的矿产开发协议，被白宫描绘成打破东方垄断、重塑全球资源版图的妙手，然而这盘棋真 的有那么神吗？ «——【·千亿稀土成美乌对赌筹码·】——» 全球稀土供应链正被一场政策变动搅动得暗流涌动。2025年4月，中国商务部与海关总署联合发布公 告，对钐、钆等七类中重稀土物项实施出口管制。这记重拳落地，让长期依赖外部供应的美国彻底慌了 神。 «——【·前言·】——» 在全球稀土供应链因中国收紧出口而日益紧张的牌桌上，特朗普似乎打出了一张出人意料的"乌克兰 牌"。 特朗普迅速抛出一张"乌克兰牌"。他在白宫直言，希望乌克兰用稀土矿产换取美国援助。紧接着，美国 财政部长贝森特火速出访基辅，游说乌方开放矿产开采权，甚至提出要拿下50%稀土矿所有权的苛刻条 件。白宫将这波操作包装成"重塑全球资源版图"的神来之笔，仿佛乌克兰稀土能瞬间打破东方垄断。 2025年2月，泽连斯基主动喊话，宣称矿产协议必须捆绑美国安全保障，甚至放话要自建"北约"。这场 交易从一开始就不是平等合作，更像一场各怀鬼胎的政治对赌。 «——【·前总理泼冷水·】——» 乌克兰前总理阿扎罗夫的发声，给这场火热交易浇了盆冷水。这位熟悉乌资源家底的前政要直言， ...

（来源：科创100ETF基金） 港股开盘，恒生指数低开0.25%，恒生科技指数低开0.68%。矿业股低开，紫金黄金国际低开1.68%，紫 金矿业（601899）低开1.82%。 来源：市场资讯 ...

Core Viewpoint - Vale's third-quarter production and sales report indicates strong operational performance, with iron ore, copper, and nickel businesses progressing towards the upper end of the 2025 production guidance range [1] Group 1: Iron Ore Performance - Iron ore production reached the highest level since 2018, totaling 94.4 million tons, an increase of 3.4 million tons year-on-year, representing a growth of 4% [1] - Iron ore sales amounted to 86 million tons, up by 4.2 million tons year-on-year, reflecting a growth of 5% [1] - The improvement in pricing was primarily driven by an increase in iron ore fines premium, which rose by $1.8 per ton quarter-on-quarter [1] - Pellet production totaled 8 million tons, a decrease of 2.4 million tons year-on-year, representing a decline of 23% [1] Group 2: Copper and Nickel Performance - The Salobo and other operational areas achieved year-on-year growth in copper and nickel production [1] - The performance of polymetallic assets remained robust, laying a solid foundation for production growth in subsequent quarters [1]