Jiangxi Copper Stock - Moves to acquire remaining SolGold stake
19.06.2026 - 19:23:32 | ad-hoc-news.de
Edited by ad hoc news Sector & Peer-Group Desk. Verified prior to publication on 06/19/2026, 19:21 CET. Details in the imprint.
Jiangxi Copper (CNE1000003K3) has agreed to acquire the remaining shares of British copper and gold explorer SolGold. The all-cash deal values SolGold at 28 pence per share, according to a report summarizing the company’s press release on 06/19/2026. AK&M cites Jiangxi’s acquisition announcement.
All news and analysis on Jiangxi Copper stock
Key updates, filings and price data on Jiangxi Copper help investors track the Chinese copper major’s strategic moves and sector position.
Details of the SolGold acquisition
The transaction will see Jiangxi Copper buy the remaining SolGold shares it does not already own at 28 pence per share, a price that AK&M notes is 42.9% above SolGold’s closing price on 11/19/2025. The AK&M summary references Jiangxi’s English-language press release.
Jiangxi Copper currently holds around 12% of SolGold’s shares and is moving to full ownership through this agreed offer. The deal targets SolGold’s copper and gold assets, including the large Cascabel project in Ecuador, and underlines Jiangxi’s appetite for overseas resources.
Weekly view and sector backdrop
On a weekly basis, the move comes against a softer copper price backdrop, with benchmark COMEX copper futures recently trading in the area of $4.60 per pound after a volatile second quarter. Recent copper futures data on Investing.com UK highlight the price swings.
Global diversified miners and copper specialists have been cautious but active on M&A as they secure long-life assets, and Jiangxi Copper’s SolGold deal fits into this sector pattern of targeting quality deposits amid uncertain short-term pricing.
The business behind the stock
Jiangxi Copper generates most of its revenue from the production and sale of refined copper, copper rods and cathodes, complemented by by-products such as gold, silver and sulfuric acid. The group operates mines, smelters and processing facilities primarily in China, with growing overseas exposure.
Where the stock trades today
The shares of Jiangxi Copper (CNE1000003K3) trade on the Shanghai Stock Exchange at CNY 20.50 as of 06/19/2026, 17:00 CST.
Jiangxi Copper at a glance
- Company: Jiangxi Copper Company Limited
- ISIN: CNE1000003K3
- WKN: A0M4ZG
- Ticker: 600362
- Venue: SSE
- Price (as of 06/19/2026, 17:00 CST): 20.50 CNY
- Market cap: 89,000,000,000 CNY (as of 06/19/2026)
- Sector / Industry: Materials / Copper
- Index membership: SSE 50
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
