CHINAGOLDINTL Rises Nearly 4% Intraday, Set to Release Q3 Results Next Week

Deep News
Nov 07

CHINAGOLDINTL (02099) rose nearly 4% during intraday trading. At the time of writing, the stock was up 2.33%, trading at HK$131.70 with a turnover of HK$80.55 million.

The company announced that its board of directors will convene a meeting on Thursday, November 13, 2025 (Beijing Time) to review and approve the unaudited third-quarter results for the nine months ended September 30, 2025, among other matters.

Analysts noted that CHINAGOLDINTL owns two high-quality mines—the Changshanhao Gold Mine and the Jiama Polymetallic Mine. Prior to 2023, the company maintained stable operations and steady profit growth. However, following a tailings dam incident in 2023, its daily mining and processing capacity was reduced from 50,000 tonnes to 34,000 tonnes. The company is expected to benefit from its three-phase recovery plan, which includes the construction of a new tailings dam, expansion of mining permits, and exploration of surrounding areas. This initiative aims to restore capacity to over 50,000 tonnes per day, with an updated exploration report anticipated by April 2026.

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