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China Nonferrous Mining Corp Ltd (1258.HK)

1258.HK on Hong Kong Stock

2.15HKD
20 Oct 2017
Change (% chg)

HK$0.07 (+3.37%)
Prev Close
HK$2.08
Open
HK$2.09
Day's High
HK$2.09
Day's Low
HK$2.09
Volume
10,000
Avg. Vol
100,666
52-wk High
HK$2.41
52-wk Low
HK$1.02

Latest Key Developments (Source: Significant Developments)

China Nonferrous Mining Corp says HY revenue of $873.7 million
Tuesday, 29 Aug 2017 08:33am EDT 

Aug 29 (Reuters) - China Nonferrous Mining Corp Ltd <1258.HK>::HY revenue of US$873.7 million, up 38.6%.HY profit attributable to owners of US$65.7 million, up 880.6%.  Full Article

China Nonferrous Mining says Xinghu Tao has ceased to be president
Friday, 19 May 2017 07:32am EDT 

May 19 (Reuters) - China Nonferrous Mining Corp Ltd <1258.HK>:Xinghu Tao has ceased to be president and will remain as chairman and an executive director.Xingeng Luo has resigned as an executive director and a vice president.Lin Zhang has been appointed as an executive director and president..  Full Article

China Nonferrous Mining says profit attributable for 4 months ended April 2017 expected to increase to about $30 million
Wednesday, 17 May 2017 12:06am EDT 

May 17 (Reuters) - China Nonferrous Mining Corp Ltd <1258.HK>-:Profit attributable for four months ended 30 April 2017 expected to increase to about $30 million .Revenue of company for four months ended 30 April 2017 is expected to increase by approximately 33%.Expected result due to increase in production of principal products including blister copper, copper cathodes,sulphuric acid.  Full Article

China Nonferrous Mining says CCS entered into NFC copper purchase framework agreement
Wednesday, 19 Apr 2017 11:03am EDT 

April 19 (Reuters) - China Nonferrous Mining Corporation Limited <1258.HK>::Continuing connected transactions in relation to NFC copper purchase framework agreement .CCS entered into NFC copper purchase framework agreement with NFC Metal.Agreement in respect of sale and purchase of concentrate for a term from 1 june 2017 to 31 december 2019.From 1 june to 31 dec 2019, CCS expected to purchase about 64,000 dmt, 125,000 dmt, 115,000 dmt of concentrate from nfc metal each year.  Full Article

China Nonferrous Mining Corp updates on establishment of joint venture
Tuesday, 18 Apr 2017 08:53am EDT 

April 18 (Reuters) - China Nonferrous Mining Corp Ltd <1258.HK>:major And Connected Transaction - Establishment Of A Joint Venture.Unit and YH Metal entered into JV agreement.Total investment in project amounts to approximately usd420 million.Joint venture shall be established in DRC for purpose of construction of a smelter for fire-refining of blister copper.Board of directors of JV shall consist of five directors, of whom three shall be nominated by CNHKI and two by YH Metal.CNHKI and YH Metal will hold 60% and 40% of equity interest in registered capital of USD20,000 in JV, respectively.  Full Article

China Nonferrous Mining sees turnaround and post profits for FY 2016
Monday, 23 Jan 2017 07:57am EST 

China Nonferrous Mining Corp Ltd <1258.HK> : China nonferrous mining corp -group is expected to record a decrease of approximately usd270 million in loss attributable for year ended december 2016 . May achieve a turnaround and post profits for year ended 31 december 2016 .Production volumes of blister copper, cathode copper & sulfuric acid of group in 2016: 206,000 tons, 76,000 tons and 525,000 tons, respectively.  Full Article

China Nonferrous Mining Corp issues FY 2015 profit outlook
Thursday, 28 Jan 2016 08:29am EST 

China Nonferrous Mining Corp Ltd:Profit attributable to owners of co for the year ended 31 December 2015 is expected to be at a loss of approximately USD100 million.Expected result as a result of global economic slowdown; average London metal exchange copper price decreased by 20%.  Full Article