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SHA:603979

8 stories mentioning SHA:603979Updated just now

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Asia

JCHX Mining's H1 Profit Rises 45%, Revenue Climbs 21%

JCHX Mining Management's (SHA:603979) net profit attributable to shareholders in the first half rose 45% to 1.61 billion yuan from 1.11 billion yuan in the previous year, according to a Shanghai bourse filing on Wednesday.Earnings per share jumped 40% year on year to 2.37 yuan from 1.69 yuan.Revenue climbed 21% to 7.64 billion yuan from 6.32 billion yuan in the previous year.The mining company's shares jumped 10% at the close.

SHA:603979
Asia

JCHX Signs Mining Services Deal With Guizhou Kailin

JCHX Mining Management (SHA:603979) agreed to undertake mining services for Guizhou Kailin Group's phase I deep phosphate ore mining project, according to a Shanghai bourse filing on Friday.The project is located in the Yangshui Mining Area, Kaiyang County, Guizhou Province, China and it covers Section II (Zone II).The contract includes construction works estimated at 202.2 million yuan and another construction works estimated at 157.9 million yuan, which will develop infrastructure and stope preparation.The contract is valid for 599 days.The mining company's shares rose 1% during the afternoon trade.

SHA:603979
Asia

JCHX Mining Management Signs Two Operational Mining Contracts

JCHX Mining Management (SHA:603979) signed two operational mining contracts in mainland China and the Democratic Republic of the Congo (DRC), according to a Thursday filing with the Shanghai bourse.Subsidiary KingShine Mining signed a $119.3 million contract with Kamoa Copper for an underground mining project at the Kamoa-Kakula Copper Mine in the DRC for 32 months from April 20, 2026, to Dec. 12, 2028, or until extended.Back home, Jinchuan Mining Management also signed a 169.9-million-yuan contract with CNNC (Inner Mongolia) Mining Investment for the construction of a shaft and tunnel engineering project at the Baituyingzi tungsten polymetallic mine in Chifeng City, China.

SHA:603979
Asia

Oil Price Decline Lifts Risk Appetite for China Shares; JCHX Mining Management Jumps 7%

Chinese shares rose on Wednesday on the back of falling oil prices amid signals that mediators were making progress in efforts to end the U.S.-Iran conflict.The Shanghai Composite Index, the main gauge of Chinese stocks, closed 1.5% higher to 3,878.43. The Shenzhen Component Index rose 1.9% to 14,144.20.Global risk sentiment improved after oil prices declined sharply on signs that mediators were making progress in efforts to end the U.S.-Iran conflict, raising hopes for the reopening of the Strait of Hormuz.Brent crude fell to about $79 a barrel, well below its July peak of $102. Yahoo Finance reported.On the economic front, business activity across China's private sector expanded at a softer pace in July, with the headline RatingDog China Composite Output Index, compiled by S&P Global, coming in at 50.8. This was lower than the 53.6 recorded in the previous month.In company news, JCHX Mining Management (SHA:603979) said its Zambian subsidiary has signed a mining contract with CNMC Africa Mining for the Chambishi copper mine's Main and West orebodies, valued at about $115 million. Shares of the mining construction company rose 7% Wednesday.

Shanghai Composite^SZSESHA:603979
Asia

JCHX Mining Management Secures $115 Million Zambia Contract; Shares Up 7%

JCHX Mining Management (SHA:603979) said its Zambian subsidiary has signed a mining contract with CNMC Africa Mining for the Chambishi copper mine's Main and West orebodies, valued at about $115 million.The 730-day contract, effective January 1, 2026, covers underground development, drilling, stoping, transportation, filling and ventilation system maintenance, according to a Tuesday aftermarket filing with the Shanghai bourse.Shares of the mining construction company rose 7% in recent trade.

SHA:603979
Asia

JCHX Mining Management Renews Laos Potash Mine Deal

JCHX Mining Management (SHA:603979) renewed the contract for Open Development's potash mine in Laos, according to a Shanghai bourse filing on Tuesday.The contract is expected to be valued up to 125 million yuan, with the final value yet to be determined.The mine in Khammouane Province will produce 500,000 tons of potassium chloride every year.The company will conduct underground mining and mine development works in the area until Dec. 31.The Chinese mining construction company's shares rose 4% at the close.

SHA:603979
Asia

JCHX Mining Signs 111 Million Yuan Deal With Yinshan Mining

JCHX Mining Management (SHA:603979) signed a 110.8 million yuan mining contract with Jiangxi Copper Group Yinshan Mining, according to a Shanghai bourse filing on Thursday.The contract, which is valid until Dec. 31, includes mining and tunneling operations of an underground 8,000t project.The Chinese mining construction company's shares slipped 1% during the afternoon trade.

SHA:603979
Asia

JCHX Mining Management Boosts Alacran Project Investment by 179 Million Yuan

JCHX Mining Management (SHA:603979) plans to invest an additional 178.7 million yuan in the Alacran copper−gold−silver project in Colombia.This will bring the company's total commitment to about 409.9 million yuan, according to a Friday filing, according to a weekend filing with the Shanghai bourse.Shares of the mining construction company rose 7% in recent trade.

SHA:603979

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