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SHE:000603

5 stories mentioning SHE:000603Updated just now

Every FINWIRES story that references SHE:000603, newest first.

Asia

Shengda Resources' Subsidiary Completes Renewal of Exploration Right for Inner Mongolia Polymetallic Mine

Shengda Resources' (SHE:000603) subsidiary, Ar Horqin Banner Deyun Mining, completed the renewal of the exploration right for the lead-zinc polymetallic mine in the Inner Mongolia Autonomous Region, according to a Shenzhen bourse filing on Monday.The area is located in the Bayanbaolege Area, Aru Horqin Banner, Chifeng City. The exploration right is valid until Oct. 31, 2031.The Chifeng Municipal Bureau of Natural Resources issued the exploration permit to the Chinese mineral products manufacturer.The company's shares fell 2% during Monday's afternoon trade.

SHE:000603
Asia

Shengda Resources' Unit Completes Mining Right Consolidation for the Shidi Mine; Shares Up 3%

Shengda Resources' (SHE:000603) unit, Chifeng Jindu Mining, completed the consolidation of the mining right for the Shidi silver-lead-zinc mine and the exploration right for the peripheral Shidi Area lead-zine polymetallic mine, according to a Shenzhen bourse filing on Thursday.The mining area of the Shidi Mine, which has a production capacity of 300,000 tons per year, rose to 5.2 square kilometers from 4.5 square kilometers after the mining right consolidation.The real estate ownership certificate and mining permit was received from the Chifeng Municipal Bureau of Natural Resources.The Chinese mineral products manufacturer's shares rose 3% during the afternoon trade.

SHE:000603
Asia

Shengda Resources Secures Approval for Inner Mongolia Mine Expansion Project

Shengda Resources (SHE:000603) 62.96%-owned Yindu Mining obtained the approval of China's Inner Mongolian government for a 900,000-tons-per-year technical transformation project at the Bairendaba silver-polymetallic mine.The project follows the integration of a 1.4-square-kilometer exploration area into the existing mining rights, expanding the licensed area to 5.5 square kilometers, according to a Friday filing with the Shenzhen bourse.The upgrade, which requires additional underground works and system optimization, will enable legal mining of extended resources while maintaining current production capacity.Shares of the mineral products manufacturer jumped 10% Friday.

SHE:000603
Asia

Shengda Resources Unit Gets Safety Production License for Copper-Gold Mine

Shengda Resources (SHE:000603) subsidiary Sichuan Honglin Mining has obtained the safety production license for the Caiyuanzi copper-gold mine tailings pond from Sichuan's emergency management department.This allows the mine to commence formal operations, according to a Tuesday filing with the Shenzhen bourse.The license is valid until July 2029.Shares of the mineral products manufacturer rose 2% in recent trade.

SHE:000603
Asia

Shengda Resources Boosts Stake in Silver Mining Facility in Inner Mongolia, China

Shengda Resources (SHE:000603) will purchase a 20% stake in Arukorqin Banner Deyun Mining from an employee for 87.1 million yuan, according to a Tuesday filing with the Shanghai bourse.The company also intends to purchase the employee's receivables from Deyun Mining for 31.1 million yuan.Upon completion, Shengda Resources' stake in in Deyun Mining will rise to 74% from 54%, making the mining company a controlling subsidiary.Deyun Mining holds silver polymetallic mining rights in the Bayanbaoleg mining area of ​​Arukorqin Banner, Inner Mongolia Autonomous Region. It also holds exploration rights to a lead-zinc polymetallic mine, the filing said.

SHE:000603

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