A股三大指数涨跌互现，截至午间收盘，沪指涨0.49%报4160.01点，深成指涨0.09%，创业板指跌 0.37%，北证50指数涨0.05%。沪深京三市半日成交额19307亿元，较上日放量402亿元，全市场超3500 只个股下跌。盘面上，现货黄金突破5220美元/盎司，有色金属板块狂飙，白银有色7连板，四川黄金、 中国黄金4连板；多重因素助推油价上涨，油气开采及服务板块大涨，中国海油盘中涨超7%再创新高； 化工、煤炭等板块涨幅居前，光伏设备、电池、流感板块调整。 ...

公司在去年中期业务更新时表示，黄金将成为公司继铜以外的另一个业务支柱。管理层认为，以是次收 购约10亿美元的成本计算，预期将获得合理回报，并对黄金持建设性看法。另外，管理层亦表示有望一 步降低收购所得资产的营运成本，包括协同效应和效率提升，以及公司所提供更具竞争力的采购和供应 链管理。 长期黄金产量目标方面，该行预计巴西及厄瓜多尔项目在全面达产后，黄金产量每年将达20吨。在不考 虑进一步扩产或收购的情况下，估计黄金将占洛阳钼业2026年毛利的5%至6%，并于2030年提升至10% 以上。管理层初步目标到2030年将黄金产量翻倍，计划主要透过并购实现。 富瑞发布研报称，洛阳钼业（603993）(03993)去年12月宣布收购Equinox Gold公司在巴西的黄金资产组 合，收购对价最高约为10亿美元。相关交易已经完成。该行的资产净值分析显示，其隐含金价约为每盎 司3,320美元，对比现货金价超过5,000美元，而年初至今平均价高于4,500美元。该行现予洛阳钼业H股 目标价25.9港元，洛阳钼业(603993.SH)A股目标价26.7元人民币，均予"买入"评级。 ...

智通财经APP获悉，富瑞发布研报称，洛阳钼业(03993)去年12月宣布收购Equinox Gold公司在巴西的黄 金资产组合，收购对价最高约为10亿美元。相关交易已经完成。该行的资产净值分析显示，其隐含金价 约为每盎司3,320美元，对比现货金价超过5,000美元，而年初至今平均价高于4,500美元。该行现予洛阳 钼业H股目标价25.9港元，洛阳钼业(603993.SH)A股目标价26.7元人民币，均予"买入"评级。 长期黄金产量目标方面，该行预计巴西及厄瓜多尔项目在全面达产后，黄金产量每年将达20吨。在不考 虑进一步扩产或收购的情况下，估计黄金将占洛阳钼业2026年毛利的5%至6%，并于2030年提升至10% 以上。管理层初步目标到2030年将黄金产量翻倍，计划主要透过并购实现。 公司在去年中期业务更新时表示，黄金将成为公司继铜以外的另一个业务支柱。管理层认为，以是次收 购约10亿美元的成本计算，预期将获得合理回报，并对黄金持建设性看法。另外，管理层亦表示有望一 步降低收购所得资产的营运成本，包括协同效应和效率提升，以及公司所提供更具竞争力的采购和供应 链管理。 ...

Group 1 - The non-ferrous metal sector experienced a volatile rebound, with several companies reaching their daily limit up [1] - Notable companies that saw significant gains include Nanmin Group, Xiaocheng Technology, Hunan Gold, Sichuan Gold, and Silver Industry [1] - Other companies that followed suit with increases include Zhaojin Gold, Yuguang Gold Lead, Western Gold, Zinc Industry Co., Feinan Resources, and Hebang Bio [1] Group 2 - China Aluminum, Yiqiu Resources, Chang Aluminum, and China Nonferrous Metals also reported notable stock price increases [1] - Additional companies that experienced upward movement include Tongguan Mining Construction, Naipu Mining Machinery, Xinweiling, Fushite, and Dongfang Tantalum [1] - Tongling Nonferrous Metals was among the companies that benefited from the overall market trend [1]

标普全球研究(S&P Global)的一份报告指出，AI与国防等新增需求向量将推动全球铜需求到2040年增长 约50%，如果回收与新矿开发跟不上，铜供给缺口将显著扩大。 1月28日，有色金属走势分化，白银有色涨超9%，中金黄金涨超7%，铜陵有色涨超3%，紫金矿业涨超 2%，洛阳钼业等个股跟涨。截至9：54，工业有色ETF万家（560860）盘中翻红涨0.4%，成交额超1.9 亿，交投活跃。 工业有色ETF万家（560860）备受资金青睐，资金连续4日净流入，合计"吸金"超4.5亿元，近10日"吸 金"超13亿，近20日"吸金"超40亿元。截至1月27日，该基金最新规模达151.94亿元。 工业有色ETF万家（560860）紧密跟踪中证工业有色金属主题指数，覆盖铜、铝、稀土等战略资源龙 头，场外投资者可通过联接（A类：018489；C类：018490）布局顺周期与政策红利共振机遇。 （基金有风险，投资须谨慎） 在最新发布的年度商品展望报告中，花旗大宗商品研究团队把焦点放在两个矛盾点上：一边是贵金属价 格与矿山成本"脱钩"、利润率飙到几十年罕见；另一边是基本金属短期顺风仍在，但真正能讲中期故事 的，集中在铜、铝以 ...

2025年2月，刚果（金）战略矿产市场监管控制局宣布，为应对全球钴市场供应过剩的局面，暂停钴产 品出口四个月；6月，宣布出口禁令延期3个月；9月，刚果（金）宣布结束钴出口禁令，并于10月15日 开始执行配额出口制度。 据刚果（金）披露的钴出口配额明细，洛阳钼业2025年四季度获得的钴出口配额达6650吨。上月，洛阳 钼业方面在接受智通财经采访时表示，公司正按照刚果（金）政府程序，落实各种出口安排。（智通财 经记者 高菁） 1月28日，智通财经记者独家获悉，洛阳钼业刚果（金）钴产品已实现出口。 刚果（金）是全球最大的钴生产国，产量在全球占比超七成。 ...

Group 1 - The core viewpoint of the article is that Hebang Biology has mining rights that include non-ferrous metals, and recently, Nigeria's BCT company has applied for "exploration to mining" for certain blocks of tin mining rights [2] Group 2 - The company is actively engaging with investors through an interactive platform to provide updates on its mining rights [2] - The application for "exploration to mining" indicates a potential shift in operational focus towards more productive activities in the mining sector [2]

证券日报网讯1月27日，西藏矿业（000762）在互动平台回答投资者提问时表示，目前扎布耶二期产量 暂不稳定，公司正积极协调各方攻坚项目，力争早日实现达标达产。公司将严格按照相关法律法规的要 求及时履行信息披露义务，在规则范围内向市场及投资者披露扎布耶二期项目的相关信息。 ...

Core Viewpoint - The company is undergoing a review of its projects and operations for the fiscal year ending 2025, revealing impairment indicators primarily related to the Kinsevere operation, which may negatively impact its unaudited profit for that year [1] Group 1: Impairment Indicators - The review indicates several impairment signs for the Kinsevere operation, including sales restrictions on cobalt in the Democratic Republic of Congo, leading to the cobalt processing plant being in maintenance mode [1] - Challenges related to electricity supply are affecting the daily operations and capacity enhancement of expansion projects [1] - Financial uncertainties, including additional tax rates and the deductibility of value-added tax, are also contributing to the impairment indicators [1] Group 2: Financial Impact - The board anticipates that the unaudited profit for the fiscal year 2025 may be negatively impacted by an impairment charge estimated between $280 million and $300 million before tax [1] - After accounting for the impairment, the company expects to achieve an unaudited net profit attributable to equity holders of approximately $500 million to $520 million for the year ending December 31, 2025 [1] - The impairment is characterized as an accounting adjustment and a non-cash item, thus not affecting the company's cash flow [1] Group 3: Operational Performance - The significant unaudited profit is attributed to the strong operational performance of the Las Bambas and Dugald River mines, along with the positive impact of rising copper and precious metal prices [2] - However, operational challenges and financial transactions, including power supply issues at the Kinsevere mine and ongoing cobalt export restrictions, have negatively impacted the company's performance [2] - The fiscal year 2025 is also expected to experience hedging losses, further complicating the financial outlook [2]

Core Viewpoint - The company is undergoing a review of the recoverable amounts of its projects and operations, indicating potential impairment related to the Kinsevere operation, which may negatively impact the unaudited profit for the fiscal year 2025 by approximately $280 million to $300 million before tax [1] Group 1: Financial Performance - The company expects to achieve an unaudited net profit attributable to equity holders of approximately $500 million to $520 million for the fiscal year ending December 31, 2025, after accounting for the impairment [1] - The significant profit is attributed to the strong operational performance of the Las Bambas and Dugald River mines, along with the positive impact of rising copper and precious metal prices [2] Group 2: Operational Challenges - The Kinsevere operation faces several impairment indicators, including sales restrictions on cobalt in the Democratic Republic of the Congo, which has led to the cobalt processing plant being in maintenance mode [1] - Power supply challenges are affecting the daily operations and capacity enhancement processes of the expansion project at Kinsevere [1] - Ongoing operational challenges and financial transactions, including hedging losses for the fiscal year 2025, are also negatively impacting the company's performance [2]