Shandong Gold Mining Bags Daquiao Mining Rights for 1.35 Billion Yuan

MT Newswires Live07-24

Shandong Gold Mining (HKG:1787, SHA:600547) won the bid for the exploration and prospecting rights of the Daqiao gold mine for 1.35 billion yuan, according to the company's Wednesday filing on the Shanghai Stock Exchange.

The mine is located in ââXihe County, Gansu Province, China and the validity of the mine is until Sept. 3, 2025, the filing added.

Shares of the company climbed 2% in recent trade.

Price (HKD): $16.96, Change: $+0.36, Percent Change: +2.17%

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