Shandong Gold Mining (SHA:600547, HKG:1787) obtained the mining license package for the Yanshan mine area in Penglai District, Yantai City, China from through subsidiary Shandong Gold Group Penglai Mining, according to the company's filing on the Hong Kong Stock Exchange.
The mining assets include five mineral and exploration rights for the Qigouyifen mine, Yanshan mine, Cishan mine and Tuwu gold mine, the Thursday filing noted.
Shares of the company dropped less than 5% on the Shanghai bourse and less than 3% on the Hong Kong bourse.
Price (HKD): $28.30, Change: $-1.42, Percent Change: -4.78%
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