Movement Alert｜CHINAGOLDINTL Intraday Rise 3.14% in Regular Trading, Jiama Mine Operations Remain Normal and Output Guidance Reaffirmed

Market Focus09:36

On October 28, CHINAGOLDINTL recorded an Intraday Rise of 3.14% in Regular Trading, trading at HK$185.2 with turnover of HK$25.2935 million.

The move followed company updates that the Jiama copper-gold polymetallic mine in Tibet was not affected by the recent earthquake, with operations remaining normal, while the company reaffirmed its annual production guidance and said it believes the target remains achievable.

According to the company disclosure, the earthquake epicenter was about 350 kilometers from Jiama. The company said Jiama has maintained safe, stable and efficient operations, with output continuing to improve during the year. Separately, the CSH mine has resumed mining operations and also reaffirmed annual guidance, reinforcing market expectations for production recovery and delivery across its two core assets.

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