Tanjin Mining (00621) issued an announcement. On the date of this announcement, the expert team and other professionals (including mining in South Africa...
Zhitong Finance App News, Tanjin Mining (00621) issued an announcement. On the date of this announcement, the expert team and other professionals (including South African mining experts and financial advisors) are reviewing and revising the mining plan for the Jeanette project (including), and will continue to expedite the update of the feasibility study to prepare and implement mining asset valuation and impairment assessments and further work by the auditors.
Based on the latest discussions with the expert team and other professionals, and depending on their work schedule and auditors' review, the company initially anticipates that the expert team's findings and evaluation results will be ready in or around March 2024. The full and interim results can then be published around mid-April 2024, while the annual report and interim report can be sent around May 2024.
The Group's main business is investment holding, mineral trading, and exploration, development and mining of gold mines and related minerals located in South Africa. Despite the suspension of trading of the company's shares, the Group's operations continued as usual in all major aspects.
Furthermore, trading of the company's shares continues to be suspended.