Shandong Gold Mining forecasts **39.9% annual earnings growth** and **8.4% revenue growth** in 2026. The company projects **38.4% annual EPS growth** and a **16.9% return on equity** within three years. Guidance reflects expectations for expanded production and operational efficiency.
Shandong Gold reports its highest-ever annual revenue of **104.287 billion yuan ($15.1 billion)**, a **26.38% year-on-year increase**, driven by elevated gold prices. The company’s net profit attributable to shareholders reaches **4.739 billion yuan ($686 million)**. As China’s leading gold producer, Shandong Gold surpasses the **100-billion-yuan revenue milestone** for the first time in 2025.
Barrick Mining and Shandong Gold plan a **$400 million investment** in Argentina’s Veladero gold mine under a new government policy to lure major capital. The project targets expansion within the existing Veladero operation, leveraging Argentina’s revised incentives for foreign mining investments. Both companies operate the mine jointly and seek to capitalize on the country’s revised fiscal framework for the sector.
Australia’s Takeovers Panel declines to investigate Shandong Gold Mining’s bid for Cardinal Resources Limited (ASX/TSX: CDV). The decision follows an application filed on October 30, 2020, regarding the company’s affairs. No further action will be taken on the matter.