Jinchengxin (603979.SH) intends to increase investment in the construction of the Alacran copper-gold-silver mine project.
Zhtng Cijng APP news, Jnchngxn (603979.SH) announced that the company's stake in the Alacran copper, gold, and silver mine has increased to 97.5%. Therefore, the company plans to increase its investment in the Alacran open-pit mine project by $178.67 million based on the change in equity ratio, with a total contribution of approximately $409.89 million. Except for changes in the company's investment ratio and corresponding amounts, the investment estimate and construction plan for the Alacran copper, gold, and silver mine project remain unchanged.
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