中国基金报记者 李智 8月25日晚间， 湖南黄金 发布公告称，子公司湖南新龙矿业有限责任公司（以下简称新龙矿 业）在处理锚网松石过程中发生一起员工死亡事故，目前已停产整顿。 湖南黄金表示，公司对本次事故中的遇难者表示沉痛哀悼，向遇难者家属表达深深的歉意！ 湖南黄金子公司发生一起员工死亡事故 【导读】湖南黄金：子公司发生一起员工死亡事故，目前已停产整顿 目前已停产整顿 8月25日晚间，湖南黄金发布公告称，公司收到子公司新龙矿业本部临时停产的报告。 事故发生后，新龙矿业立即启动应急预案，公司领导立即赶赴现场组织处理，采取紧急应对 措施进行人员救治与善后工作，新龙矿业及时按相关规定与程序向有关部门进行了事故报 告，并主动停产整顿。 目前，新龙矿业正在积极配合当地应急部门对事故做进一步调查处理，各项处置工作正在有 序进行。 湖南黄金：沉痛哀悼 根据公告，新龙矿业成立于2004年2月18日，注册资本为3亿元，主要从事黄金、锑及其他有 色金属的开采、矿产品收购、销售等业务。 湖南黄金表示， 8月24日，子公司新龙矿业员工在7 #脉310 -813采场处理锚网松石的过程 中，松石突然垮落，事故造成新龙矿业一名员工死亡 。 ...

Core Viewpoint - Hunan Gold is rated as "Buy" by Huayuan Securities, focusing on its dual business of gold and antimony, with strong growth potential driven by both internal and external factors [1][5]. Investment Highlights - Hunan Gold is one of the top ten gold producers in China and a global leader in antimony mining, with production capacities of 100 tons/year for gold and 40,000 tons/year for antimony, along with 25,000 tons/year for refined antimony [2]. - The company plans to produce 72.48 tons of gold and 39,500 tons of antimony in 2025, projecting a sales revenue of 43.5 billion yuan, representing significant increases of 56% for gold and 35% for antimony compared to 2024 [2]. - Historical performance shows steady growth, with a compound annual growth rate (CAGR) of 8.36% in revenue and 16.03% in net profit from 2021 to 2023. In 2024, revenue is expected to reach 27.839 billion yuan, a year-on-year increase of 19.46%, and net profit is projected to be 847 million yuan, up 73.08% [2]. Growth Drivers - Internal growth is supported by the construction of the Gansu Jiaxin project, which is expected to enhance gold production capacity. The project is set to begin construction in May 2024, with a design capacity of 500,000 tons/year [3]. - External growth opportunities include potential resource injections from the Pingjiang gold resource project, which could significantly boost production in the medium to long term [3]. Market Dynamics - The gold and silver prices are expected to rise due to factors such as "Trump 2.0" and interest rate cuts, providing strong upward momentum for gold prices [4]. - The antimony market is anticipated to face a tightening supply-demand balance, with prices expected to rise due to limited supply from major producers like China and Russia, alongside increasing demand from various industries [4]. Profit Forecast - The company is projected to achieve net profits of 2.101 billion yuan, 2.403 billion yuan, and 2.781 billion yuan for the years 2025, 2026, and 2027, respectively, with corresponding price-to-earnings (PE) ratios of 13.59, 11.89, and 10.27 [5].