Movement Alert｜CHINAGOLDINTL Intraday Rise 3.04% in Regular Trading, Jiama Mine Unaffected by Tibet Earthquake and Annual Guidance Reaffirmed

Market Focus10-27 10:15

On October 27, CHINAGOLDINTL rose 3.04% in Regular Trading, trading at HK$182.9, with turnover of HK$55.91 million.

The key catalyst was the company’s announcement that its Jiama copper-gold polymetallic mine was not affected by the recent Tibet earthquake, while management reaffirmed annual production guidance and said the mine is expected to achieve that target.

The disclosure stated that the earthquake epicenter was about 350 kilometers from the Jiama mine in Maizhokunggar County, and operations have remained safe, stable, and efficient, with output continuing to increase during the year. In a separate same-day update, the company also said its CSH gold mine had resumed mining operations after earlier slope-stability remediation and likewise reaffirmed annual guidance, reinforcing the market’s focus on operational normalization and production visibility.

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