HK-listed shares of China Gold fall on weak Q1 results

China Gold International Resources

16/05/2019 04:04

** Hong Kong-listed shares of China Gold International
Resources Corp Ltd  2099.HK  fall as much as 5.9% to HK$9.28,
after the gold producer posts loss in Q1   
    ** Co  CGG.TO  posts $4.6 mln net loss after income taxes
for Q1 of 2019, compared with $2 mln net profit a year earlier,
with total gold production falling 5% during the quarter, while
copper production up 110%  urn:newsml:reuters.com:*:nASB01MWU
    ** British columbia-based co says it is working with its
major shareholder, China National Gold Group Corp, to identify
potential mining acquisition opportunities outside China
    ** As of Wednesday's close, Hong Kong-listed shares of the
company had risen 4.5% this year
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
gains 0.2% and the benchmark index  .HSI  rises 0.3%

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)