Zhongjin Gold Corp Ltd (600489.SS)
11 Dec 2017
Latest Key Developments (Source: Significant Developments)
Zhongjin Gold Corp Ltd <600489.SS> : Says unit plans to invest 1.8 billion yuan ($269.52 million) in production enhancement project .Says H1 net profit up 290.4 percent y/y at 194.1 million yuan. Full Article
: Shandong Gold Mining Co and Zhongjin Gold Corp are among potential bidders for Glencore Plc's gold mine in Kazakhstan - Bloomberg, citing sources .Glencore is said to seek about $2 billion for its gold mine in Kazakhstan - Bloomberg, citing sources. Full Article
Zhongjin Gold <600489.SS> Corp., Ltd.: Says it to issue 529.8 million shares of common stock with par value of 1 yuan per share, at the price of 6.22 yuan per share to its existing shareholders . Says shareholders are eligible to purchase 1.8 new shares for every 10 shares they hold . Says the company aims to raise up to 3.3 billion yuan through the rights issue .Says the proceeds will be used for bank loan repayment and supplement of working capital. Full Article
Zhongjin Gold Corp Ltd:To pay no dividend to shareholders for 2015. Full Article
SHANGHAI, Sept 8 China stocks edged up on Friday, poised for a fourth straight week of gains, amid signs investors are pumping fresh money into a market buoyed by solid economic growth and a resurgent yuan.