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  • Shengda Resources to fully acquire Honglin Mining

    2025-07-29 15:42:36   [Print]
    Shengda Resources Co.Asian Metal Copyright06 million tonnes of proven ore reserves, containing 1.Asian Metal Copyright, Ltd.Asian Metal Copyright After the deal, Honglin Mining will become a wholly-owned subsidiary of Shengda Resources.Asian Metal Copyright plans to acquire the remaining 47% stake in Sichuan Honglin Mining Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal CopyrightShengda Resources Co.Asian Metal Copyright through a share issuance, and will raise supporting funds by issuing shares to a select group of investors.Asian Metal Copyright through a share issuance, and will raise supporting funds by issuing shares to a select group of investors.Asian Metal Copyright After the deal, Honglin Mining will become a wholly-owned subsidiary of Shengda Resources.

    Honglin Mining's main asset is the Caiyuanzi copper-gold mine, which is expected to begin trial production between July and September 2025. The mine is licensed for an annual capacity of 396,000 tonnes.Asian Metal Copyright70 tonnes of gold at 2.Asian Metal Copyright It holds 6.Asian Metal CopyrightShengda Resources Co.Asian Metal Copyright06 million tonnes of proven ore reserves, containing 1.Asian Metal Copyright82gt Au and 29,015 tonnes of copper at 0.Asian Metal Copyright70 tonnes of gold at 2.82g/t Au and 29,015 tonnes of copper at 0.Asian Metal Copyright48% Cu.Asian Metal Copyright48% Cu.Asian Metal Copyright Honglin Mining's main asset is the Caiyuanzi copper-gold mine, which is expected to begin trial production between July and September 2025.Asian Metal Copyright The site also shows strong exploration potential at depth and in surrounding areas.

    .Asian Metal Copyright70 tonnes of gold at 2Asian Metal Copyright
    Copper Conc. TC 25%min CIF China
    Unit:USD/mt
    Copper Conc. TC 25%min CIF China USD/mt
    China copper concentrate producers' inventory to production ratio statistics by province by month
    Unit: %
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