Changes in Hong Kong stocks | Hanwang Gold (03788) rose nearly 12% in the intraday period, and the Mt Bundy gold mine project officially entered the full construction stage

The Zhitong Finance App learned that Hanwang Gold (03788) rose nearly 12% in the intraday period. As of press release, it had risen 11.84% to HK$3.4, with a turnover of HK$10.2426 million.

According to the news, Hanwang Gold issued an announcement. Following the award of EPC and EPCM contracts for the construction of the 5.5 million tons/year treatment and selection plant for the Mt Bundy gold mine project to two senior Australian contractors, Delonix Solutions Projects Pty Ltd (Delonix Solutions) and CPC Engineering Pty Ltd (CPC Engineering), the company held a commencement ceremony for plant selection construction on August 12, 2026 It marks that the project has officially entered the full construction stage.

At the commencement ceremony, Mr. Andrew Mackay, a member of the Northern Territory Assembly, spoke on behalf of the Northern Territory Government and gave high praise to Han Wang Gold's persistence and efforts on the project over the past 12 years. Mr. Mackay pointed out that the project is a major project for the Northern Territory. The plant to be built will be the largest gold processing plant in the Northern Territory, and after completion and operation, it will become the second-largest gold mine in the Northern Territory with annual output.