The Zhitong Finance App learned that Hanwang Gold (03788) rose more than 5% in the afternoon. As of press release, it had risen 3.85% to HK$2.7, with a turnover of HK$2,689,500.

According to the news, Hanwang Gold announced that the MTBundy gold mine project site removal license has been approved and an authorization notice to carry out mining operations has been received. The company plans to begin plant selection and construction in the third quarter of 2026, and gold production will begin in the first quarter of 2028. After obtaining the relevant regulatory approval for the Mt Bundy plant selection and completing the competitive bidding process, the company selected CITIC Heavy Industries as the supplier of ball mill equipment for the Mt Bundy gold mine project.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.