Announcement • Aug 05
Hanking Gold International Limited to Report First Half, 2026 Results on Aug 20, 2026 Hanking Gold International Limited announced that they will report first half, 2026 results on Aug 20, 2026 Announcement • Jul 25
Hanking Gold International Limited Provides Consolidated Earnings Guidance for Six Months Ended June 30, 2026 Hanking Gold International Limited provided consolidated earnings guidance for six months ended June 30, 2026. For the period, the company expects to record a loss of approximately RMB 45,000,000 to RMB 60,000,000 compared to profit of RMB 105,000,000 a year ago. Reason: The production of iron ore concentrates in the iron ore business decreased year-on-year due to the land approval procedures taking longer than expected (the land approval was obtained in early May 2026) and the lower production schedule in the First Half of 2026 on a year-on-year basis and the production of high-purity iron in the high-purity iron business decreased year-on-year due to the suspension of production resulting from the implementation of ultra-low emission renovation projects. The decrease in sales volume due to the decline in the production of iron ore concentrates and high-purity iron resulted in a decrease in the aggregate net profit of the domestic iron ore and high-purity iron business by approximately RMB70,000,000 year-on-year; Amortisation expenses for directors and employee options granted by the Australian gold business were approximately RMB 32,000,000 (the First Half of 2025: RMB 906,000); and Foreign exchange losses arising from the fluctuation of the exchange rates of USD and HKD against RMB were approximately RMB 27,000,000 (the First Half of 2025: foreign exchange gains of RMB 1,150,000). In the First Half of 2026, the Group was focusing on the development of gold business in accordance with the established strategies. Announcement • Jul 24
Hanking Gold International Limited Announces Update on the Progress of Its Gold Business in Australia The board of directors of Hanking Gold International Limited announced following update on the progress of its gold business in Australia: Gas pipeline BOO preferred partner and preferred gas pipeline route selected and early work advanced, on target to gas transportation by end of 2027. Gas power station BOO preferred partner selected, key commercial term agreed, gensets reserved for Mt Bundy Gold Project, final contract being prepared for execution. Road construction reached Processing Plant site and site clearance commenced. Earthwork for Camp construction completed and certified, the 258-room camp installation commenced. Camp Catering service preferred partner selected, subject to final documentation and
contract execution Mine site vehicle fleet including bus and ambulance preferred partner selected, subject to final documentation and contract execution. Processing plant construction EPC/EPCM preferred contractors selected, subject to final
documentation and contract execution Mining and TLS construction tendering documents being prepared, and initial invitations sent to qualified potential tenderers. The board of directors of the Company (the "Board") also announced that, following the Receival of Mt Bundy Processing Plant Construction regulatory approval, and a competitive tendering process, CITIC Heavy Industries Co.,Ltd. ("CITIC") has been selected as the ball mill supplier for the Mt Bundy Gold Project. And the Company has paid an initial deposit to secure the ball mill in accordance with its agreement with CITIC. Based in Luoyang China, with Australia subsidiary for installation and after-sale service, CITIC is a global top tier supplier of ball mills. The Company has proven cooperation relationship with CITIC. CITIC is a long-time supplier of major processing equipment of the Company's China operations. Ball Mill is the single largest item of equipment by value for the Mt Bundy Gold Processing Plant. Following feed backs from the Processing Plant tendering process and further modelling, the Company selected a larger and more powerful Ball Mill than the definitive feasibility study. The key parameters of the ball mill ordered with CITIC are 18 MW
CITIC HIC Ø7.92 × 13.12 m EGL, 2 × 9,000 kW, with a guaranteed 688 t/h at 75 m, which will provide gold recovery improvement and operational flexibility.