兴业银锡(000426) - 2017年5月11日投资者关系活动记录表

Group 1: Production Status of Yinman Mining - As of May 11, 2017, Yinman Mining has completed the debugging of its processing plant, achieving all design indicators by March 6, 2017 [2] - Current metal grades from by-product ore are low: Tin at 0.6%, Copper at 0.2%, Silver at 110 g/t, Zinc at 0.8%, and Lead at 0.3% [2] - Expected grades after formal mining operations: Tin at 0.9%, Copper at 0.38%, Silver at 150 g/t, Zinc at 1.5-2%, and Lead at 0.3% [2] Group 2: Production Forecast for 2017 - Estimated production for 2017 includes: Zinc at 20,000 tons, Lead at 2,500 tons, Copper at 2,000 tons, Silver at 150 tons, Tin concentrate at 2,500 tons, and Antimony at 1,000 tons [2] - Average sales prices for Q1 2017 were: Silver at 3.5 RMB/g, Tin concentrate at 120,000 RMB/ton, Zinc at 17,000 RMB/ton, Lead at 11,000 RMB/ton, Copper at 24,500 RMB/ton [2] Group 3: Cost and Exploration - The comprehensive cost of mining and processing per ton of ore in Q1 2017 was 160 RMB, with mining costs at 71 RMB and processing costs at 89 RMB [2] - Significant progress in exploration has been made, particularly in the copper-tin ore deposits, with promising metal grades and ore thickness [3] Group 4: Future Plans and Developments - Yinman Mining plans to upgrade its processing system to increase production capacity to 5,000 tons per day for lead, zinc, silver, copper, and tin, with an estimated completion time of 6 months [3] - Qianjin Mining is awaiting environmental assessment review and aims to obtain mining permits by the end of June 2017, with construction expected to start by the end of 2017 [3]