Shanghai Construction Engineering: News related to Koka Gold Mine is not recent information
2025-09-15 12:41:43
On September 15th, Shanghai Construction Engineering issued an announcement on abnormal fluctuations in stock trading in the evening, saying that the recent media reported good news from the Koka gold mine owned by Zara Mining Co., a holding subsidiary of the company that holds 60% of the shares, and the reserves of gold resources increased. After investigation, the above information is quoted from the "Announcement of Shanghai Construction Engineering on Gold Resources of Zara Mining Co., Ltd. disclosed on August 27, 2020. The above information is previously disclosed information and is not recent information. The company's gold business income accounts for a relatively low proportion of the company's operating income, with no more than 0.5% of the operating income over the years, which has little impact on the company's production and operation. Moreover, the mining period of gold mining projects is long, and there are great uncertainties in mineral grade and annual mining output. There are also unstable factors in the overseas environment and policies.
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