CNPC Gold Plans 752 Million Yuan Capital Injection for Xinjiang Gold-Copper Mining Project

According to CNPC Gold announcement, the company's subsidiary CNPC (Hotan) Mineral Development Co., Ltd. recently secured the Tugenmansu gold-copper mining project in Akto County, Xinjiang, with exploration rights transfer value set at 2.507 billion yuan. The company plans to increase capital by 752 million yuan, with related parties contributing an additional 1.755 billion yuan. Post-investment, CNPC Gold will retain 30 percent stake in the subsidiary.
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