Shengda Resources (000603.SZ): Subsidiary Jindu Mining completed the integration of mining rights and obtained a new mining license

Zhitong Finance App News, Shengda Resources (000603.SZ) announced that Chifeng Jindu Mining Co., Ltd. (“Jindu Mining” for short), a wholly-owned subsidiary of the company, recently completed the integration of the mining rights for silver, lead and zinc (mining area: 4.4750 square kilometers) and exploration and prospecting rights for lead-zinc polymetallic ores in the 10 peripheral regions (exploration area: 3.73 square kilometers), and received the “Real Estate Property Certificate (Mining Right)” and “Mining License” issued by the Chifeng Natural Resources Bureau.

According to reports, the production scale of the silver-lead-zinc mine in Shidi is 300,000 tons/year. The main products are silver-lead powder (silver is priced separately) and silver-zinc powder (silver is priced separately). This time, Jindu Mining completed the integration of mining rights and obtained a new “mining license”. The area of the Shidi silver-lead-zinc mining area was increased from 4.4750 square kilometers to 5.2397 square kilometers, which will not have a significant impact on the company's business performance in the short term. In the long run, it is conducive to increasing the mining resources that Jindu Mining can mine, extend the service life of the mine, and provide resource guarantees for the long-term development of the enterprise.