智通财经APP讯，潼关黄金(00340)公布，该集团预期于2025年取得公司拥有人应占溢利约8.2亿-8.4亿港 元，同比增长约289%至298%。该数字包括约 5500万港元的非经营性支出，其与可换股债券及或然代价 应付款项的衍生工具部分的公平值变动有关。剔除此项非经营性支出，2025年经调整公司拥有人应占溢 利预计约8.75亿港元至8.95亿港元，同比增长约为315%至324%。公司拥有人应占溢利增加主要由于与 2024年同年相比，矿产黄金的产量及销售量增加以及其平均销售价格提高。 ...

黄金股大涨，潼关黄金涨超11%。由于美国最高法院限制了美国总统特朗普的关税权力，使得与美国谈 判的贸易协定前景充满不确定性，这令市场感到不安，黄金价格走高。与此同时，美伊核谈判前景正影 响原油市场。 2月23日港股三大指数集体上涨，截至午间收盘，港股恒生指数涨2.29%，报27019.21点，恒生科技指数 涨3.32%，报5384.52点，国企指数涨2.5%，报9183.9点，红筹指数涨1.49%，报4449.69点。 | 整体市场 [1] | | | | --- | --- | --- | | 恒生指数 | 恒生国企 | 恒生科技 | | 27019.21 | 9183.90 | 5384.52 | | +605.86 +2.29% +224.34 +2.50% +173.02 +3.32% | | | | 恒指期货 | 港股通50 | 恒生生物科技 | | 27008 | 4057.64 | 16217.85 | | +596 +2.26% | +89.67 +2.26% +268.68 +1.68% | | 盘面上，大型科技股集体大涨，阿里巴巴-W涨3.6%，腾讯控股涨3.35%，京东集团-SW涨4.2 ...

智通财经APP获悉，万国黄金集团(03939)早盘涨超7%，高见17.8港元，股价再创历史新高。截至发 稿，涨7.3%，报17.78港元，成交额8354.25万港元。 公开资料显示，陈景河为紫金矿业集团股份有限公司创始人、原董事长。环球富盛此前发布研报称，与 紫金矿业的合作不仅提可以供资金加快发展集团位于所罗门群岛的金岭项目，还有助于经验共享，并在 海外采矿技术及矿山营运方面提供支持。 消息面上，万国黄金集团此前公告，预期2025年度公司拥有人应占溢利约14亿至15亿元，同比增长约 143%至161%。值得注意的是，陈景河先生已获委任为万国黄金集团首席顾问，自2026年2月2日起生 效。万国黄金集团已成立战略发展委员会，为集团现有业务的发展策略及未来潜在项目提供建议。 ...

Market Overview - The Hong Kong stock market opened higher on the 23rd, with the Hang Seng Index rising by 2.27% to 27,012.61 points, and the Hang Seng Tech Index increasing by 3.37% to 5,387.00 points [2] - The overall trading volume reached 25.3 billion HKD, with net inflows of 20.2 billion HKD from southbound trading [2] Sector Performance - Technology stocks saw significant gains, with Meituan up over 5%, JD.com nearly 4%, and NetEase and Kuaishou both rising over 3% [2] - The semiconductor sector also opened strong, with SMIC and Hua Hong Semiconductor both increasing by over 4% [2] - Gold stocks generally rose, with China Gold International gaining over 3% [2] - Automotive stocks were active, with Geely increasing by over 1% [2] Company-Specific News - Zhizhu (智谱) experienced a significant drop of over 10% following the release of an apology letter regarding its GLM Coding Plan, which acknowledged three main errors: lack of transparency, slow update pace, and poor upgrade mechanism for existing users [3][6] - Despite the recent decline, Zhizhu's stock had previously surged by 42.72% on February 20, reaching a market capitalization of 323.2 billion HKD, with a total increase of 524% since its IPO price of 116.2 HKD [6]

Market Overview - The Hang Seng Index rose by 599.26 points, or 2.27%, closing at 27,012.61 [1] - The Hang Seng Technology Index increased by 175.50 points, or 3.37%, reaching 5,387.00 [1] - The Hang Seng Biotech Index gained 343.77 points, or 2.16%, ending at 16,292.94 [1] - The total trading volume was 25.3 billion [1] - Net inflow from southbound funds was 20.2 billion [1] Sector Performance - Technology stocks saw widespread gains, with Meituan rising over 5%, JD.com nearly 4%, and NetEase and Kuaishou both up over 3% [1] - The semiconductor sector opened high, with SMIC and Hua Hong Semiconductor both increasing by over 4% [1] - Gold stocks generally rose, with China Gold International up over 3% [1] - Automotive stocks were active, with Geely gaining over 1% [1] - However, stocks like Zhizhu and MiniMax experienced significant declines, both dropping over 10% [1] Company Specifics - Zhizhu (2513) reported a market capitalization of 278.7 billion and a price-to-earnings ratio of 141, with a recent price drop of 13.79% [2] - On February 21, Zhizhu issued an apology regarding its GLM Coding Plan, acknowledging three main errors: insufficient transparency, slow update pace for GLM-5, and poorly designed upgrade mechanisms for existing users [4] - Despite the apology, Zhizhu's stock price surged by 42.72% on the previous trading day, reaching a new high and a total market value of 323.2 billion HKD, marking a 524% increase since its IPO price of 116.2 HKD [4]

格隆汇2月20日丨紫金黄金国际(02259.HK)公告，于2026年2月20日，公司间接非全资附属公司奥同克有 限责任公司与吉尔吉斯联合股份公司订立2026年奥同克销售协议。据此，奥同克有限责任公司将向吉尔 吉斯联合股份公司出售黄金产品以供进一步加工，其条款与招股章程所披露之2025年奥同克销售协议的 条款大致相同。2026年奥同克销售协议项下拟进行交易的建议上限为4吨黄金，与招股章程所载2025年 奥同克销售协议项下的全年上限相同。 ...

Stock Performance - The stock price of Chifeng Jilong Gold Mining Co., Ltd. closed at 37.30 yuan on February 13, 2026, down 2.48%, influenced by a 3.26% drop in spot gold prices to 4,918.36 USD/ounce, linked to algorithmic trading liquidation due to a decline in U.S. stocks [1] - On February 9, 2026, there was a net outflow of 183 million yuan in main funds, accounting for 7.05% of the total trading volume, indicating an increase in short-term risk aversion [1] - An announcement was made on January 28, 2026, regarding abnormal stock fluctuations, as the stock price deviated by over 20% for three consecutive trading days, but no undisclosed significant matters were reported [1] Financial Performance - The company issued a profit forecast on January 5, 2026, expecting a net profit attributable to shareholders of 3 to 3.2 billion yuan for 2025, representing a year-on-year increase of 70%-81%, primarily due to gold production of approximately 14.4 tons and a 49% increase in sales prices [2] - The third quarter report for 2025 showed a net profit attributable to shareholders of 2.058 billion yuan for the first three quarters, a year-on-year increase of 86.21%, with a 140.98% increase in net profit for the third quarter alone [2] Strategic Developments - The company successfully completed its H-share listing in 2025, becoming the first "A+H" listed company in Inner Mongolia, aimed at attracting overseas capital and promoting international resource acquisitions [3] - Recent resource acquisitions, such as the stake in Xinhe River Mining, have expanded the company's resource reserves, with the debt-to-asset ratio decreasing to 33.85% by the end of the third quarter of 2025, and operating cash flow net increased by 51.54% year-on-year [3]

记者丨张嘉钰 编辑丨江佩霞 周四（2月19日），欧美股市全线收跌。科技股下跌拖累美股，金融股砸盘，截至收盘道指跌0.54%跌 幅超260点，标普500指数跌0.28%，纳指跌0.31%。欧洲斯托克600指数收跌0.53%，跌落周三刷新的收 盘最高纪录。 | 道琼斯 | 纳斯达克 | 标普500 | | --- | --- | --- | | 49395.16 | 22682.73 | 6861.89 | | -267.50 -0.54% -70.90 -0.31% -19.42 -0.28% | | | | 欧非中东 [3 | | | | 英国富时100 | 法国CAC40 | 德国DAX | | 10627.04 | 8429.03 | 25043.57 | | -59.14 -0.55% 0.00 0.00% -234.64 -0.93% | | | | 意大利MIB | 俄罗斯MOEX 欧洲STOXX5 | | | 45794.22 | 2772.84 | 6059.62 | | -566.87 -1.22% -6.24 -0.22% -43.75 -0.72% | | | 美股大型科技股多数收跌，万得 ...

纽蒙特公司预计，受与巴里克 黄金公司联合运营的两处矿场表现不佳影响，今年黄金产量将下降 10%。该公司公布了创纪录的利润数据，2025年第四季度调整后净利润升至28亿美元，合每股2.52 美 元。纽蒙特预计，2026年全维持成本将降至每盎司1,680 美元，优于分析师预期，显示出公司在成本控 制方面取得了进展。（智通财经） ...

Financial Data and Key Metrics Changes - B2Gold achieved record revenue of $3 billion for 2025, with Q4 revenues recorded at $1.05 billion [2][4] - GAAP earnings were $0.13 per share, with adjusted earnings at $0.11 per share, impacted by the timing of shipments at Fekola [4][5] - Operating cash flows for 2025 totaled $896 million, including $286 million in Q4, highlighting strong cash generation potential [5][6] - Cash and cash equivalents stood at $380 million at the end of 2025, with $150 million drawn on the revolver [5][6] Business Line Data and Key Metrics Changes - The company produced approximately 980,000 ounces of gold in 2025, near the midpoint of guidance [9] - Production from Fekola Underground contributed over 20,000 ounces in 2025, with expectations for continued ramp-up [2][3] - At Otjikoto, production was strong in 2025, but is expected to decrease in 2026 due to the transition to underground mining [10][15] Market Data and Key Metrics Changes - The strong gold price environment is expected to benefit B2Gold, allowing the company to leverage its asset portfolio [3] - The company anticipates production from Fekola Regional to ramp up in the second half of 2026, contributing between 60,000 and 80,000 ounces [11] Company Strategy and Development Direction - B2Gold is focused on extending mine lives and increasing production through the development of the Antelope underground deposit [3][15] - The company plans to continue repurchasing shares, having bought back 2 million shares for about $10 million in 2025, with an additional 5 million shares purchased post-year-end [6][7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in receiving the Fekola Regional exploitation permit in Q1 2026, citing regular dialogue with the government [20] - The company is optimistic about future cash flows, with an expected increase of approximately $110 million per month post-June 2026 as prepays roll off [7][8] Other Important Information - The Goose Mine celebrated its first gold pour and commercial production, marking a significant milestone for the company [2][3] - The company is studying improvements to the crushing circuit at Goose to increase capacity, with initial modifications scheduled for implementation in 2026 [12][13] Q&A Session Summary Question: Update on Fekola Regional permit status - Management indicated confidence in receiving the permit due to ongoing dialogue with the government and endorsements from key ministers [19][20] Question: Internal study on Goose's permanent crusher solution - The study has been completed and is under review, with final design and cost bids expected by April [21][22] Question: Clarification on Otjikoto's Antelope deposit timeline - Production from Antelope is expected to ramp up in 2029, with 2027 and 2028 being build-up years [29] Question: AISC at Goose once at 3,200 tons per day - AISC is expected to step down significantly as production stabilizes at higher levels [39] Question: Sensitivity of cash tax guidance at different gold prices - Management provided a method to estimate cash taxes based on production ounces and gold price fluctuations [42][43]