Lingbao Gold hits 3-month high on surging gold content in Xinjiang mines

Lingbao Gold

10/08/2026 06:04

** Shares of Lingbao Gold Group 3330.HK climb 4.7% in the fourth consecutive rising session to HK$25.2, their highest level since May 8
** China-based gold miner said exploration work of its subsidiaries in Altay Prefecture in Xinjiang has achieved phased progress with retained gold content, or mineral source, surging to 53.94 tonnes as end-June 2026 from 13.20 tonnes at end-2015 
** Co says its exploration team is proceeding with drilling at full capacity and will rapidly increase the mining depth and expand production capacity within the areas covered 
** YTD, stock up 37.9%, benchmark Hang Seng Index .HSI up 0.9%
     
     
     

(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))