Western Mining Co., Ltd.
36°38′34.8″N 101°45′41.5″E / 36.643000°N 101.761528°E
 | |
| Company type | public |
|---|---|
| SSE: 601168 | |
| Industry | Metal mining |
| Founded | 28 December 2000[1] |
| Founder | Western Mining Group |
| Headquarters | , China |
Area served | China |
Key people |
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| Products | copper, lead, zinc, iron, gold and silver |
| Revenue |  CN¥27.776 billion (2016) |
| CN¥222 million (2016) | |
| CN¥100 million (2016) | |
| Total assets | CN¥32.166 billion (2016) |
| Total equity |  CN¥11.478 billion (2016) |
| Owner | Western Mining Group (28.21%) |
| Parent | Western Mining Group |
| Website | westmining.com |
| Footnotes / references in consolidated financial statement[2] | |
| Western Mining Co., Ltd. | |||||||
|---|---|---|---|---|---|---|---|
| Simplified Chinese | 西部矿业股份有限公司 | ||||||
| Traditional Chinese | 西部礦業股份有限公司 | ||||||
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| Western Mining | |||||||
| Simplified Chinese | 西部矿业 | ||||||
| Traditional Chinese | 西部礦業 | ||||||
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Western Mining Co., Ltd. is a listed company in northwest China engaged in the mining, smelting, and trading of metal minerals, including copper, lead, zinc, iron, gold and silver. It is headquartered in Xining, Qinghai Province.[3] It is currently China's second-largest producer of lead concentrate,[4] fourth-largest producer of zinc concentrate, and seventh-biggest producer of copper concentrate with extraction rights in many metal mines overseas.[5]
History
Its A shares were listed on the Shanghai Stock Exchange on 12 July 2007.[6]
In 2008, the company began trial production at a smelter at its Yulong (Chinese: 玉龙) copper mine in Tibet.[7] 17% stake of the mine was acquired from fellow mining company Zijin Mining in 2007.[8]
Western Mining was a former constituent of SSE 50 Index (the blue chip of Shanghai Stock Exchange). However, it was removed from the index in 2012.[9]
Shareholders
- As of 31 December 2016
The largest shareholder of the listed company was Western Mining Group for 28.21% shares, which controlled the listed company by majority in the board of directors. Western Mining Group itself is a subsidiary of Qinghai Provincial People's Government for 50.37% stake.
References
- ^ National Enterprise Credit Information Publicity System (in Chinese)
- ^ "2016 Annual Report" (PDF). Western Mining (in Chinese). Shanghai Stock Exchange. 18 March 2016. Retrieved 18 June 2017.
- ^ Western Mining Co. Ltd[dead link]
- ^ China Mining Association - China's Western Mining completes approval process for FerrAus deal Archived 2014-01-16 at the Wayback Machine - retrieved on January 23, 2009.
- ^ Bloomberg - Western Mining 2008 Profit Falls More Than 50% - retrieved on January 23, 2009.
- ^ 公司概况 西部矿业股份有限公司601168 (in Chinese). Shanghai Stock Exchange. Retrieved 18 June 2017.
- ^ "China Western Mining to start up Tibet copper plant". Reuters. 14 October 2008. Retrieved 2017-04-11.
- ^ 紫金矿业今年五度收购矿山资源 (in Chinese). Zijin Mining. 16 August 2007. Retrieved 18 June 2017.
- ^ 三大指数齐调成分股 千亿指基资金大腾挪. Securities Times (in Chinese (China)). 21 June 2012. Retrieved 18 June 2017. [dead link]
External links
- Official website (in Chinese)
