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Shandong Gold Group is a state-owned Chinese gold mining company under the provincial government of Shandong. The company is the second-largest producer of gold in China by output and its publicly listed subsidiary ranked #1,898 in the Forbes Global 2000.

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economy3 d ago

Shandong Gold adjusts its 2026 mine-produced gold output target to 36-38 tons

According to 36Kr, Shandong Gold announces that its 2026 production plan for mine-produced gold has been adjusted, reducing the target from no less than 49 tons to 36-38 tons. The company cites safety self-inspection triggered by mid-year industry incidents and increased domestic mining infrastructure construction in the second half as factors; 2025 production was 48.89 tons, and 2026 output is expected to decline by 11-13 tons year over year, with net profit affected.

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Shandong Gold adjusts its 2026 mine-produced gold output target to 36-38 tons

economy3 d ago

coda.news AI summary

The 2026 mine-produced gold target was revised from at least 49 tons to 36-38 tons.
The changes are attributed to safety self-inspection triggered by mid-year industry incidents and increased domestic mining infrastructure construction in the second half.
2025 mine-produced gold volume was 48.89 tons.
2026 output is expected to decline by 11-13 tons year over year, impacting net profit.