3.2 tons of gold were taken away by the drug trafficking group! Zijin Mining Group has exposed the dark side of offshore activities.
"3.2 tons of gold, worth 0.2 billion US dollars, were taken by a drug trafficking group," the news of the "gold robbery case" involving the $400 billion mining giant Zijin Mining Group quickly spread on the Chinese internet, people haven't heard this kind of news for a long time.
In the pursuit of wealth and risk, how much gold has zijin mining group actually been 'plundered'? The issue of illegal mining may be difficult to solve in the short term.
1. Over 3 tons of gold were robbed overseas, the 'suspicions' have not been completely clarified; 2. The illegal mining problem in the La Llanada gold mine in Colombia may be difficult to solve in the short term; 3. Nearly half of zijin mining group's assets are overseas, with a majority located in underdeveloped regions with weak political and economic stability.
Refrigerant leader zhejiang juhua: Some products in Q4 have stabilized after the decline, opportunities outweigh challenges next year. | Directly target the earnings conference
①It is expected that refrigerant prices will rebound across the board in Q4, while non-refrigerants will stabilize; ②Optimistically view next year's performance prospects, pointing out the coexistence of opportunities and challenges; ③Next year, the certainty of refrigerant price increases is strong, and the competitive landscape has improved somewhat; ④ Non-refrigerants are still in surplus, but the risk of a major drop over the past two years has been released.
Zijin Mining Group plans to build another overseas mine with an investment exceeding ten billion yuan, expecting to produce 0.1 million tons of copper and 3.8 tons of gold annually. | Quick read announcement
1. Zijin Mining Group once again took a major overseas copper-gold mine with an investment of over 10 billion yuan; 2. Expected annual copper production of 0.1 million tons and gold production of 3.8 tons.
Rare earth mining in Myanmar remains stagnant, china northern rare earth has raised its listing price for three consecutive months, industry insiders believe the industry is expected to rebound | Industry News
①Following the 'high hanging' of rare earth product listing prices in September and October, China Northern Rare Earth continued to slightly raise the listing price in November; ②The increase in the listing price of China Northern Rare Earth in November narrowed compared to the previous month, possibly related to the high opening and low closing of the 'golden September and silver October' market; ③HTSC believes that the suspension of mining in Myanmar may lead to a shortage of medium and heavy rare earth supply, with significant difficulty in resuming supply within the year.
In the third quarter, the loss amount is close to the annual level of last year. How to solve the "dilemma" of the steel industry? Suggestions from the industry recommend actively reducing production.
① In the third quarter, losses in the steel industry intensified, with 21 out of 27 listed steel smelting companies recording losses, totaling over 14.5 billion yuan in losses, the quarterly loss total approaching last year's full year. ② Industry insiders believe that the main reason for the losses is the steel industry's own overcapacity, poor industry self-discipline, failure to actively limit production, product oversupply, continuously declining steel prices, slow decline in raw materials, and severe industry profit compression.