美银证券近期举办了人工智能资本支出论坛。与数据中心专家、上海金属网铜行业专家、紫金矿业 （601899）和安徽海螺水泥（600585）进行了交流。 中国人工智能资本支出超5000亿元，数据中心市场同比增长20% 数据中心专家预计，2025年中国人工智能资本支出将超过5000亿元。对于互联网数据中心(IDC)和人工 智能数据中心(AIDC)，机房建设成本分别占资本支出的30%和18%。柴油发电机、IT设备和冷却系统分 别占资本支出的15-18%、45%和20%。 他认为，在中国数据中心市场中，受人工智能数据中心(AIDC)的推动，市场规模同比增长20%，主要增 长区域为华东、内蒙古和华北地区，而互联网数据中心(IDC)的增长可能放缓。 海螺水泥：需求疲软；在人工智能模式上积极探索 海螺水泥4-5月产量为75万吨/日，同比下降8%，6月产量因雨季预计为70万吨/日。 海螺水泥预计，由于房地产市场疲软以及地方政府资金紧张导致基础设施项目延迟，2025年中国水泥需 求将同比下降5-7%。6月平均售价(ASP)降至255-260元/吨。 铜行业专家：供应紧张但2025年需求预计同比增长4% 专家认为，2025年中国铜需 ...

内蒙古兴业银锡矿业股份有限公司 关于召开 2024 年年度股东大会的提示性公告 证券代码：000426 证券简称：兴业银锡 公告编号：2025-52 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 内蒙古兴业银锡矿业股份有限公司（以下简称"公司"）分别于2025年6月 报》及巨潮资讯网上刊登了《兴业银锡：关于召开2024年年度股东大会的通知》 （公告编号：2025-45）、《关于2024年年度股东大会增加临时提案暨股东大会 补充通知的公告》（公告编号：2025-50）。本次股东大会采取现场投票与网络 投票相结合的方式召开，现将本次股东大会的有关事宜提示如下： 一、召开会议的基本情况 公司于2025年6月9日召开的第十届董事会第十八次会议以9票同意，0票反对， 法规、部门规章、规范性文件和公司章程的规定，会议的召开合法、合规。 （1）现场会议时间：2025年6月30日（星期一）下午14:30； （2）互联网投票系统投票时间：开始时间2025年6月30日（现场股东大会召 开当日）上午9:15，结束时间为2025年6月30日（现场股东大会结束当日）下午 （3）交易系统 ...

一、资源主权与生态责任的国际法双重义务 中国充分尊重几内亚行使资源主权，但根据联合国《自然资源永久主权宣言》与《巴黎协定》框架，主权国家对 资源的开发利用需同时履行生态环境保护的国际法义务： "两山"理论的全球启示：中国主张"绿水青山就是金山银山"的协同发展观。据《非洲矿业远景规划》 （AMV），矿山开发需确保生态修复成本占比不低于项目收益的15％。据几内亚2013年修订的《矿业法》政府 可无偿获取15％新矿业项目干股，并可通过谈判获得额外股权，，而当前被收回的51个矿权中，据当地某些数据 称,有70％左右的矿区河流水体破坏和红树林砍伐，本年度几内亚临时政府执政期将满，其环境评估程序完整性 存疑。 2025年6月23日 发表于 北京 近日，几内亚政府宣布无偿收回51份矿业许可证，涉及铝土矿、黄金、铁矿等核心资源。作为几内亚驻华大使馆 中国特约法律顾问、国际矿业法专家及"两山"理论实践研究者，靳懿霏律师从生态环境保护、国际法律义务及中 非可持续发展合作角度发表专家意见如下： 1。 技术换权益：向几内亚提供矿山生态修复技术（如赤泥无害化处理专利），换取已收回矿权的联合开发优先 权。 法律程序正当性：若征收行为确属 ...

洛阳钼业回应刚果(金)钴出口禁令延长：当地矿区生产运营活动正常进行 金十数据6月23日讯，刚果(金)战略矿产市场监管控制局6月21日宣布，将今年2月出台的刚果(金)钴出口 禁令继续延长三个月。针对此事，全球最大钴生产商洛阳钼业于6月23日回应称，目前，公司TFM及 KFM矿区生产运营活动正常进行，预计该临时禁令的延长不会对经营业绩产生重大影响。该公司同时 表示："自首次禁令发布以来，公司始终与刚果(金)政府及行业管理机构保持密切沟通。针对新的情 况，公司将继续保持与相关各方的沟通，密切跟踪政策进展。" （界面） ...

Company Overview - Xiyeg股份 reported significant growth in Q1 2025, with total non-ferrous metal production reaching 82,200 tons, including tin at 24,200 tons, copper at 24,400 tons, and zinc at 33,300 tons, alongside 30 tons of indium ingots [1] - The company achieved operating revenue of 9.729 billion yuan, a year-on-year increase of 15.82%, and a net profit attributable to shareholders of 499 million yuan, up 53.08% year-on-year [1] Tungsten Market Dynamics - The tungsten price remains high due to China's export control upgrades and reduced mining quotas, with current black tungsten concentrate (≥65%) prices exceeding 170,000 yuan per ton [2] - The rapid expansion of the global military industry is significantly driving tungsten demand, supported by China's military modernization and increased military aid from Western countries [2] - The tungsten industry is currently characterized by tight supply and demand, with potential for further price increases if demand recovers [2]

Group 1 - The company held its 19th meeting of the 10th Board of Directors on June 19, 2025, where all directors unanimously agreed to waive the notice period [2][3] - The Board approved a proposal for the company and its subsidiaries to provide guarantees for financing to Yinman Mining, which has been reviewed by the Audit and Legal Committee [2][12] - The proposal will be submitted for approval at the 2024 Annual General Meeting of Shareholders [4] Group 2 - The 16th meeting of the 10th Supervisory Board was also held on June 19, 2025, with all supervisors agreeing to waive the notice period [6][7] - The Supervisory Board approved the same proposal regarding guarantees for Yinman Mining, with all votes in favor [8][12] - This proposal will also be submitted for approval at the 2024 Annual General Meeting of Shareholders [4] Group 3 - Yinman Mining, a wholly-owned subsidiary of the company, plans to apply for a syndicated loan of up to RMB 1.01 billion for working capital, with a term not exceeding three years [11][12] - The company will provide joint liability guarantees for this loan, and its subsidiary Rongguan Mining will use its mining rights as collateral [12][18] - The total amount of guarantees after this transaction will be RMB 2.562 billion, accounting for 32.43% of the company's latest audited net assets [19] Group 4 - The company received a proposal from its controlling shareholder, Inner Mongolia Xingye Gold Smelting Group, to add the guarantee proposal as a temporary item for the upcoming Annual General Meeting [24][26] - The Annual General Meeting is scheduled for June 30, 2025, and will combine on-site and online voting [23][29] - The meeting will address various matters, including the newly added temporary proposal regarding guarantees for Yinman Mining [27][36]

Core Viewpoint - Zijin Mining has announced a significant reduction in copper production guidance for its Kamoa-Kakula copper mine in the Democratic Republic of Congo due to flooding caused by damaged underground pumping facilities, impacting the company's overall revenue and profit expectations for 2025 [2][5][6]. Group 1: Production Impact - The Kamoa-Kakula copper mine's production guidance for 2025 has been revised down from 520,000-580,000 tons to 370,000-420,000 tons due to flooding in the eastern section of the mine [2][5]. - The company expects a corresponding reduction in its copper equity production for 2025 by 44,000 to 93,000 tons [6][7]. - The mine experienced multiple seismic events leading to structural failures, which contributed to the flooding [3][4]. Group 2: Financial Implications - The Kamoa-Kakula mine is projected to contribute approximately 1.72 billion RMB to Zijin Mining's net profit in 2024, accounting for about 5.37% of the company's total net profit [4]. - The overall revenue and profit expectations for Zijin Mining in 2025 are likely to be negatively affected due to the production cut at the Kamoa-Kakula mine [6][7]. Group 3: Market Context - In 2024, Zijin Mining achieved a revenue of 303.64 billion RMB, with copper sales accounting for 27.98% of this revenue [6]. - The company is one of the top copper producers globally, with a production growth rate of 24% over the past five years [6]. - The global copper market is experiencing a tight balance between supply and demand, with rising prices driven by increased demand from both developed and developing economies [7][8]. Group 4: Strategic Developments - Zijin Mining is establishing a joint venture with Ajilan Brothers Mining Company in Saudi Arabia to explore and potentially mine mineral resources, including zinc, copper, and gold [8][11]. - The joint venture will be controlled jointly by Zijin Mining and Ajilan Mining, with Zijin holding a 51% stake [11].

Group 1: Company Overview - Yunnan Tin Company has a comprehensive supply chain integration in the exploration, mining, selection, smelting, deep processing, and new material research of non-ferrous metals such as tin, indium, zinc, and copper [1] - As of the end of 2024, the company holds tin reserves of 626,200 tons and indium reserves, ranking first globally in both tin and indium resource reserves [1] - The company achieved a total production of 82,200 tons of non-ferrous metals in Q1 2025, including 24,200 tons of tin, 24,400 tons of copper, and 33,300 tons of zinc [2] Group 2: Financial Performance - The company reported an operating income of 9.729 billion yuan, a year-on-year increase of 15.82% [2] - The net profit attributable to shareholders reached 499 million yuan, reflecting a significant year-on-year growth of 53.08% [2] Group 3: Resource Expansion and Investment Plans - The company emphasizes resource expansion as a long-term development strategy, with a focus on geological research and mineral exploration activities [3] - In 2024, the company discovered additional tin reserves of 17,600 tons and copper reserves of 34,800 tons [3] - Future plans include enhancing resource security and sustainable development through both internal and external resource expansion efforts [3] Group 4: Tungsten Resource Management - As of the end of 2024, the company has tungsten oxide reserves of 77,800 tons [4] - The company has received a quota of 688 tons for tungsten mining in 2025, which will be organized according to provincial regulations [4] Group 5: Market Conditions and Company Strategies - Global tin supply remains tight due to slow recovery in Southeast Asian tin-producing countries and temporary shutdowns in African countries [5] - The company is implementing lean management practices to control costs and enhance operational efficiency [6] - Ongoing share repurchase plans are in progress, with a focus on enhancing shareholder value through increased cash dividends and share buybacks [6] Group 6: Value Management Initiatives - The company has established a value management system in 2024 to enhance performance and value creation [6] - Efforts include improving information disclosure quality and strengthening investor communication to convey investment value [6]

证券代码：000426 证券简称：兴业银锡 公告编号：2025-50 内蒙古兴业银锡矿业股份有限公司 关于 2024 年年度股东大会增加临时提案 暨股东大会补充通知的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 内蒙古兴业银锡矿业股份有限公司（以下简称"公司"）于2025年6月10日 在巨潮资讯网（www.cninfo.com.cn）上披露了《关于召开2024年年度股东大会 的通知》（公告编号：2025-45）。公司定于2025年6月30日以现场与网络投票相 结合的方式召开公司2024年年度股东大会。 一、增加临时提案的情况 （以下简称"兴业集团"）递交的《关于增加内蒙古兴业银锡矿业股份有限公司 漫矿业融资提供担保的议案》作为临时提案提交公司2024年年度股东大会审议。 （一）提案内容 六次会议审议通过了《关于公司及子公司为银漫矿业融资提供担保的议案》，具 体内容详见公司同日在巨潮资讯网（www.cninfo.com.cn）上披露的《兴业银锡: 第十届董事会第十九次会议决议公告》（公告编号：2025-47）、《兴业银锡: 第十届监事会第十六次会议决议公告 ...

证券代码：000426 证券简称：兴业银锡 公告编号：2025－49 内蒙古兴业银锡矿业股份有限公司 本公司及董事 会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或 者重大遗漏。 一、担保情况概述 注册资本：壹拾叁亿肆仟玖佰叁拾捌万零玖佰元（人民币元） 企业类型：有限责任公司（非自然人投资或控股的法人独资） 经营范围：非煤矿山矿产资源开采；选矿；矿山机械销售；非金属矿及制品 销 售；金属矿石销售；机械零件、零部件销售；五金产品零售；机械电气设备销售； 汽 车零配件零售；化工产品销售（不含许可类化工产品）；建筑用石加工；建筑材料 销 售；机械设备租赁。 内蒙古兴业银锡矿业股份有限公司（以下简称"公司"）全资子公司西乌珠穆 沁旗银漫矿业有限责任公司（以下称"银漫矿业"）因经营发展的需要，拟向银团 （兴业银行股份有限公司呼和浩特分行、中国进出口银行内蒙古自治区分行、中国 建设银行股份有限公司锡林郭勒分行等银行）申请不超过人民币10.1亿元（含本数） 的流动资金银团贷款,期限不超过3年（含3年），融资用途：按照相关法律及监管部 门要求使用，包括但不限于补充流动资金、偿还债务等。 公司拟为银漫矿业 ...