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山东黄金:山东黄金矿业股份有限公司2021中期报告(H股)2021-09-16  

                        2021
INTERIM REPORT
 2
 3
27
33
34
35
37
39
41
66
                                 15



                 3203 3207




                                 32
                         10
                       100125




                 H

                                 183
                           54




                       2503
                         250107




                       26

                 4003-06



                                01787
                                    600547



                 http://www.sdhjgf.com.cn




    (FCG, FCS)


2
2021
                                      2021   2



2021   9.80   10.23   51.07%




                               2021          3
2021




                                                              2021

2021
    2021 6                          1,763.15                9.27%               Au9999
    397.48           2021   6                  365.82          7.97%
376.62                          2.07%

    2021




                                        2021                        152.75   2020
17.32            10.18%                          122.72    13.47%               30.03
                                52.19              9.33%                                 204.94
             5.90%

2021                                                         2




4
2021




                   2021




       50%   80%




                          2021   5
     2021          121   96          25




                              MSCI
50          2021




6
2021




              9.80               10.23            51.07%

                                             51.59%
         48.93%                      6                                                1,449.76             263
         18.62%                                  388.26             439.37             53.09%
454.65               130.55                 22.31%           1.39                 0.73            34.54%
     0.79                     0.07                 7.71%                         91.46%            0.29
   0.31%                                 72.96%            0.57              0.77%




                                                                                                 2021            7
                        (ERP)




                                        22
    44             12

         78%




               1                5   2




8
2021
                                      2021   2




       2020              60%




              2021   8




                               2021              9
                2020                  33,039.9                     64.1%            11,849.0



                     2020                 29,892.2                    61.3%                11,559.7



                2020                  3,147.7                     90.8%            289.2



                            2020                  912.3                    56.8%              1,430.8



                               2020                         55.0                                324.3




   2021   6     30                               20,953.3                                  9,192.1                  2021    6
   30                                  4,054.9
                                                     (a)
          (b)                                                                                  2021     6   30




                                                            576                                              3.3%   4.35%




10
                                                     0.92925% 4.5%                   8,446.2

 2018     8 13                                                                                     2019    3 22
          3.85%                                      10.0                                                 2019 3     4
19      21    22                                                                                 9.81
                                                                                               2019 6       21
                                       0.18

                                                                      (i)                  740.0                   (ii)
                                                         300.0                                     LIBOR         1.25%
                    LIBOR     1.23%         2021     6    30                H
     4,506.1




                                                                                     (%)


 2019              G19    1   155270    2019.3.22    2022.3.22   1,000,000,000.00   3.85

 2020              20    Y1   175514    2020.12.3    2023.12.3   2,700,000,000.00   4.80



 2020              20    Y2   175566    2020.12.21   2023.12.21 1,300,000,000.00    4.69




                                                                                                      2021                11
                                                                    (%)


               20         012002017 2020     2020     2021     0   1.65
     2020        SCP002               5 10     5 11     1 26



               20         012002017 2020     2020     2021     0   1.55
        2020     SCP003               6 1      6 2      2 4



               20         012003283 2020     2020     2021     0    2.3
        2020     SCP005               9 16     9 17     6 14



               21         012100479 2021     2021     2021     5    2.9
                 SCP001               1 28     1 29     7 28



               21         012100964 2021     2021     2021     5   2.89
                 SCP002               3 11     3 12     12 7



               21         012102643 2021     2021     2022     5   2.73
                 SCP003               7 20     7 21     4 14




12
                            2020 12 31                       3,032.2               2021 6 30                     4,054.9




   2021 6 30

                                              2020     12   31                4,244.7                   27.0%              3,099.7



                                 2020    12   31                 6,658.4                 56.1%               10,394.1



                                              2020    12    31               8,672.6               19.0%                10,324.7



                    2020    12    31                 12,105.2                  39.9%              16,935.8



              2020    12    31                 3,777.0                     22.1%              4,610.7




   2021 6     30
   7,391.4           2020    12    31                 8,626.8



   2021   6    30

262,065,000                                            15.7%        2021    6 30
3,655.8                           2021   6    30                 5.2%        2021 6      30




                     2021    6    30                                                    5%




                                                                                                                2021           13
                                                            2021     6    30                         11,617.9
        2020   12    31                   11,505.1                                    32,255.6      2020 12
  31                 31,858.2                        2021   6   30                  36.0% 2020   12 31
36.1%




                                                                                                          2021
  6 30
636.6               2020    6       30                461.2




                                                                2021     6     30
                                8%




                                                                                                     8%




                                                     2021 6     30




                     2021       6    30                            2020




14
                                                         21




2021 1    29                        H      2021    2 5




   2020       5   8
                                                                                                                        2020
     5    8                                                                                1.75
                      (                                                                   TMR )

                             1.75                      1,500

                                                         2020      12    18
                                                                                            2021   1   5
                                                        <            >
                                               2021    1 5
                                                                                                                  2.2



                                    2020   5   8      2020    11     27  2020   12   22     2021   1   5
                      2021    1     20                             2021 4 1




                                                                                                           2021           15
     2020 6 18                                                                             Cardinal Resources
                                                                              2020   6   18
            0.60
            0.46                          1,200                             2,600
                                                                                                                          3
                                      Bole-Nangodi                  Namdini              Bolgatanga
       Sefwi             Subranum

     2020   7    7                                          2,600                                 1,196
                                    Nord Gold S.E.                  Engineers & Planners Company Limited



                0.66                           1.075
     2021 3      8                               100%

                                    2020    6     18       2021 3      15




     2020   9       30
                H                                                                                                    100%
                                      H
     5/29                H                                  H                                                   H
     159,482,759                                       1



         2020       6    30                         925,000,000                                                     75%
                              25%

         2021 2 1
     159,482,759 H              2021       2    5                                                                   4,313,946,766
             4,473,429,525

                                    2020    9     30       2021 1      31




16
                     100%

2021   2    2
                                              48,000,000
           100%



                  2021    2   2                            2021   2   22




2020   6    18
                                                                               (
                  )                10,000                                  5,100
51%               4,900               49%




2021   6    4
                          10,000       2021   6   11




                              2020 6    4




                                                                              2021   17
2021




       2021




18
2021   19
 2021 6      30                                       45.08%



                                                                                                         2021
 6     30          29
        586.32    18                                                            225.12




                                                  2021    6    25
                                                                                                 1
                  2021   8       5
                                             2   3    9                                  1   2   3   4   18




FML                                                       49.53%                             65%

 2017 1 23       2017        9       25                                                      100,000,000
     160,000,000                      2021 6 30               2018    2019
                                        196,000,000            313,600,000
                                        2021 6 30                      11.39%
      155




20
       1   0.972



       2   19.37

       3           2019 4

       4   0.39    2019 4

       5   2.00       2016 4

       6           2019 3

       7   0.22    2017 11




2021
21
22
     8    382.58   2016 12



     9    133.14

     10            2017 11

     11   3.86     2017 7

     12   3.6      2015 1

     13   0.57     2013 4

     14   0.87        2019 12

     15   1.48        2018 7

     16   10.04    2017 3
       17          0.77       2020 8

       18

       19          0.89    2020 11
                   21.09

       20   2.27              2017 12

       21   8.085             2021 7

       22

       23   12.94             2010 3

       24   1.67              2017 12

       25   0.56              2012 12




2021
23
24
     26   0.04     2019 8

     27

     28

     29

          586.32
       1    1.153
                     2021

       2    1.358
                     2021

       3    0.879
                     2021

       4    0.795
                     2021

       5    73.414



       6    3.48
                     2021

       7    6.25
                     2021

       8    3.879
                     2021

       9    1.538




2021
                     2021

       10   6.721
                     2021




25
26
     11   1.645
                         2021

     12   4.36
                         2021

     13   5.3
                         2021

     14   5.3
                         2021

     15   0.97
                         2021

     16   1.70
                         2021

     17          0.04   2021
                 5.19

     18   106.34                20

          225.12
      2021 6          30




 2021     6   30
                                           336                                XV
 2   3




                                 (1)   A         1,671,709,197   46.25%     37.37%
                                       A           345,073,733    9.55%      7.71%
                           (2)



                                 (3)   A          194,872,049    5.39%      4.36%



                                 (3)   A          194,872,049    5.39%      4.36%



Schroders PLC                          H          129,187,500    15.04%     2.89%

Gold Virtue Limited                    H           95,689,655    11.14%     2.14%

                                       H           76,639,270    8.92%      1.71%



                      1                H           76,639,270    8.92%      1.71%




                                                                     2021       27
(1)     2017   1    23            2017   9       25                                              100,000,000         160,000,000
                   2021       6    30                 2018      2019
      196,000,000                 313,600,000                                                                            11.39%
                                             155


(2)    345,073,733        A                                  194,872,049   A   115,477,482   A
                      31,467,157         A                                                3,257,045   A


      95.65%




(3)




                                  2021       6        30
                                                                                     XV      2   3
                                                                                                               10%
                                                       336




28
      2021   6   30                                                                                                     XV
                                                           XV        7   8
                                                                                                              352




                                                (1)       A                  149,056                     0.0041%         0.0033%




(1)                                            149,056


                           2021   6   30
                                                                                       352




H     2018       9    28                                                                            5,245.7
4,618.8                                                                                                                 2021   6
30                                4,602.6




                                            97.6%        4,506.1         4,506.1            –      –
                                             2.4%          111.7            94.0         17.8       2021 12        31



                                            0.0%              1.0              1.0             –   –
                                            0.0%                –             1.6           1.6    –

                                            100%         4,618.8         4,602.6         16.2




                                                                                                              2021             29
 2021     6    30             16,516            2020     12     31      15,770              2021   6   30
                                                              2,002.0            2020   6   30
 1,617.0




 2015     5

                     84                                                            2016



 2016     10    17                              14.30                     128      11,645,629             2018
                                                        16,303,881                               166,532,494.70
                                                                                            36
                                2021   8   26                                                        11,424,214
                     2018   2019                                                                 0.26%




                                                                                                            2021
 6   30




30
                         2020



                       13.51B(1)

                                13.51B(1)




                          2021 6 30
                      2021 6 30




 2021   6   25                                     169,317,000
                                                             2021    6
 25     2021 7   16




  2021 3 30                      159,482,759   H
2021 6 10
2021 3 30




                                                    2021            31
                            2021 3       30                      4,473,429,525
                  (10)         0.5                                            0.2
223.4                                         2021 6 10   2020                         A
2021 7   27                     H             2021 8 10




 2021    8    5                                                                     7,132.2

                         2021   9 24
                                2021 9    8




             2021   8 26




32
         2021      6   30



          6 30
        2021                  2020



3    11,848,956            33,039,934
    (11,559,713)          (29,892,246)

        289,243             3,147,688
       (111,615)               (46,473)
     (1,430,802)             (912,390)
       (119,293)             (155,775)
          5,526                 11,714
        324,332                (55,025)
         43,563                 33,501
5      (335,777)             (384,088)
          8,855                  7,830

     (1,325,968)            1,646,982
6      (117,988)             (378,399)

7    (1,443,956)            1,268,583



     (1,372,039)            1,122,253
        (71,917)              146,330

     (1,443,956)            1,268,583

9
          (0.31)                 0.26




                   2021              33
     2021   6   30



                          6 30
                        2021         2020



                     (1,443,956)   1,268,583




                         (4,017)     66,115

                         (4,017)     66,115

                     (1,447,973)   1,334,698



                     (1,376,056)   1,188,368
                        (71,917)     146,330

                     (1,447,973)   1,334,698




34
                     2021      6   30


         2021                  2020
        6 30                 12 31




10   30,172,046            28,616,211
        212,596               219,739
11      544,138               508,996
12   16,935,752            12,105,172
      1,335,243             1,257,998
      1,036,826             1,027,971
          1,500                 1,500
13    5,646,421             5,568,568
      1,201,372             1,227,314
        165,598               170,877
        614,671               580,445

     57,866,163            51,284,791



      3,409,320             2,549,714
14    3,099,719             4,244,700
         30,243                33,205
13    1,744,984             3,058,213
        270,890               258,912
15    4,054,921             3,032,156

     12,610,077            13,176,900



16   10,394,106             6,658,366
11       22,862                36,655
        131,178               366,274
17    9,192,067             9,727,870
18   10,324,675             8,672,590
         48,645                72,383

     30,113,533            25,534,138

     (17,503,456)          (12,357,238)

     40,362,707            38,927,553




                    2021              35
 2021   6   30


                         2021          2020
                        6 30         12 31




                 17    2,323,944     1,677,098
                 11       79,021        63,427
                       4,118,487     3,928,100
                          16,399        15,406
                 19      872,449       845,872
                         696,833       539,465

                       8,107,133     7,069,368

                      32,255,574    31,858,185



                 20    4,473,430     4,313,947
                 20       (6,385)        (6,385)
                      20,953,319    20,520,882

                      25,420,364    24,828,444
                       3,999,387     3,999,387
                       2,835,823     3,030,354

                      32,255,574    31,858,185




36
                                                                                                                                  2021      6    30




                                              (i)        (ii)            (iii)


2021 1 1         4,313,947    (6,385)   6,665,176    868,631         (225,182)    (262,472)    4,826 13,469,903 24,828,444         3,999,387    3,030,354 31,858,185
                         –        –           –         –               –           –        – (1,372,039) (1,372,039)              –     (71,917) (1,443,956)

                         –        –           –              –           –     (4,017)        –           –      (4,017)            –           –      (4,017)

                         –        –           –              –           –     (4,017)        –   (1,372,039) (1,376,056)            –     (71,917) (1,447,973)

            20    159,483          –   2,018,156               –           –          –        –           –   2,177,639             –           –   2,177,639
            8           –         –           –              –           –          –        –    (223,427)    (223,427)            –           –    (223,427)

                         –        –           –              –           –          –        –           –           –            –    (123,000)    (123,000)
                         –        –           –              –           –          –   13,764            –      13,764             –         386       14,150

2021 6 30        4,473,430    (6,385)   8,683,332    868,631         (225,182)    (266,489)   18,590 11,874,437 25,420,364         3,999,387    2,835,823 32,255,574




                                                                                                                                            2021                    37
       2021     6   30




                                                          (i)             (ii)             (iii)


    2020 1 1                 3,099,612     (6,385) 7,879,511         831,219          (225,182)           44,017    1,548 11,583,572 23,207,912              2,860,413 26,068,325
                                     –         –         –              –                –                –       – 1,122,253 1,122,253                 146,330 1,268,583

                                      –       –               –               –                –     66,115       –           –         66,115                –     66,115

                                      –       –               –               –                –     66,115       –   1,122,253        1,188,368         146,330    1,334,698

                     8                –       –               –               –                –          –      –    (307,790)        (307,790)              –    (307,790)

                                      –       –               –               –                –          –      –           –                  –     (67,175)     (67,175)
                                      –       –               –               –                –          –    116            –                116          182          298

    2020 6 30                3,099,612     (6,385) 7,879,511         831,219          (225,182)          110,132    1,664 12,398,035 24,088,606              2,939,750 27,028,356




i




        (a)


        (b)


        (c)


        (d)                                                                                                                                      2019          8




ii


                         (        )
                                                    10%                                                                                                  50%
        50%                                                                                                                              (        )
                                                                                                        25%


iii




38
    2021      6   30



     6 30
   2021                  2020




  919,430              2,117,263
 (345,377)              (376,007)

  574,053              1,741,256



(1,473,218)          (1,940,033)
     5,934                   790
   (31,028)                    –
   (74,389)            (115,598)
    97,569              131,390
  (109,547)            (134,653)
         –            (106,193)
   (26,686)                    –
    51,183               (16,002)
   139,316                     –
(3,167,318)          (2,799,629)
 2,983,173            2,883,089

(1,605,011)          (2,096,839)




              2021              39
     2021   6   30



                          6 30
                        2021          2020




                         (7,972)       (19,115)
                      5,363,353     6,878,571
                     (3,913,855)   (3,512,988)
                        786,200       844,640
                       (656,000)     (803,440)
                              –     (688,996)
                       (234,414)     (289,712)
                              –       (87,624)
                       (127,200)       (67,175)
                          6,234         14,762
                      4,366,051     4,489,101
                     (4,137,410)   (5,713,162)
                       (111,539)     (173,671)
                              –         (2,184)

                     1,333,448       869,007

                       302,490       513,424

                     2,336,287     2,576,753
                        (2,409)       10,660

                     2,636,368     3,100,837



                     4,054,921     3,791,803
                     1,418,553       690,966

                     2,636,368     3,100,837




40
                                                                           2021   6   30


1.

                                   2000   1   31                                                  A
           2003   8   28           A                   H   2018   9   28




                                                   i                                     ii
                           iii
                                  2503




2.

     2.1

                                                       (                   )                  (
                       )     34




                                                                                  2021            41
     2021          6   30


2.

     2.2


                       2021     1    1

                                         16                                COVID-19
                                         9                 39
                                           7                         4
                                           16




     2.3

                   2021     6   30                                       17,503,456



            (i)

            (ii)                                                                      2021   6   30
                                           2021   6   30        12

                                                                                                      2021   6
            30




42
              2021     6   30


3.




               6 30
             2021                2020



     15
          11,715,730          32,993,153
             129,090              40,774

          11,844,820          33,033,927

              4,136               6,007

          11,848,956          33,039,934




               6 30
             2021                2020




          11,844,820          33,033,927




                       2021             43
     2021   6         30


3.

                (i)                  (ii)




          2021 6           30
                                15

                                            1,239,020     8,587,180    1,889,530    11,715,730
                                                    –            –     129,090       129,090

                                            1,239,020     8,587,180    2,018,620    11,844,820



                                                3,699             –         437         4,136

                                            1,242,719     8,587,180    2,019,057    11,848,956




      (          )                           285,464      8,587,180    2,018,620    10,891,264
                                             953,556              –           –      953,556

                                            1,239,020     8,587,180    2,018,620    11,844,820



                                            1,239,020     8,587,180    2,018,620    11,844,820

          2020 6 30
                                15

                                            1,252,103    30,928,762     812,288     32,993,153
                                                    –            –     40,774         40,774

                                            1,252,103    30,928,762     853,062     33,033,927

                                                5,490             –         517         6,007

                                            1,257,593    30,928,762     853,579     33,039,934



                                              180,530    30,928,762     853,062     31,962,354
                                            1,071,573             –          –     1,071,573

                                            1,252,103    30,928,762     853,062     33,033,927



                                            1,252,103    30,928,762     853,062     33,033,927




44
                                                                2021   6    30


4.




     

     

     




        2021 6   30




                      3,760,102     8,823,445    2,019,779    (2,754,370)     11,848,956
                      (2,517,383)    (236,265)        (722)   2,754,370                 –


                      1,242,719     8,587,180    2,019,057             –     11,848,956


                      (1,158,196)     (11,816)    143,869        (16,466)     (1,042,609)
                         13,215         1,259      29,089              –         43,563
                       (235,860)       (2,939)     (96,978)            –        (335,777)
                          8,855             –           –            –           8,855


                      (1,371,986)     (13,496)     75,980        (16,466)     (1,325,968)
                         (96,409)         (60)     (21,519)            –        (117,988)


                      (1,468,395)     (13,556)     54,461        (16,466)     (1,443,956)




                                                                       2021             45
     2021   6   30


4.



        2020 6       30




                           6,896,469    31,065,118      853,579     (5,775,232)   33,039,934
                          (5,638,876)     (136,356)            –   5,775,232              –


                           1,257,593    30,928,762      853,579              –   33,039,934


                           1,803,958       89,088       111,397        (14,704)    1,989,739
                             11,960         2,233        19,308              –      33,501
                            (290,303)       (1,339)      (92,446)            –     (384,088)
                               7,830             –            –            –       7,830


                           1,533,445       89,982        38,259        (14,704)    1,646,982
                            (338,746)      (21,416)      (18,237)            –     (378,399)


                           1,194,699       68,566        20,022        (14,704)    1,268,583




      2021 6 30




                          58,074,806     2,673,829    12,306,791    (2,579,186)   70,476,240



                           1,032,822             –       4,004              –    1,036,826


                          28,668,135     1,895,744    10,219,507    (2,562,720)   38,220,666




46
                                                             2021      6    30


4.



     2020   12   31




                      55,327,458   2,749,074   10,141,491   (3,756,332)          64,461,691



                       1,023,967          –        4,004              –         1,027,971

                      26,292,791   1,957,556    8,109,164   (3,756,005)          32,603,506


5.


                                                              6 30
                                                            2021                   2020




                                                            161,484               115,146
                                                              9,745                 8,150
                                                             19,421                28,777
                             19                               4,451                 5,513
                                                              2,430                 2,464
                                                            132,520               173,671
                                                              5,795                49,587
                                                                  –                2,184

                                                            335,846               385,492
                                                                (69)                (1,404)

                                                            335,777               384,088




                                                                       2021               47
     2021   6    30


6.


                                                                               6 30
                                                                             2021              2020




                                                                          38,911               392,379
                                                                         119,184                48,652

                                                                         158,095               441,031
                                                                         (40,107)               (62,632)

                                                                         117,988               378,399




     (a)                                     25% 2020   25%                     25% 2020        25%


                15% 2020   15%


     (b)                                                          35% 2020     30%


                             2021   6   30
                                                              9,883   2020            11,130




48
                                                                                   2021     6   30


7.




                                                                                    6 30
                                                                                  2021                    2020



                                                                                  164,113              268,419
                                                                                  875,050            1,033,921
                                                                                    7,329                 6,129
                                                                                   30,469                29,149
                                                                                    3,979                 2,865
                                                                                    3,180                 1,651
                                                                                    5,526                11,714
                                                                                   14,096                44,511
                                                                                   99,032               (29,724)
                                                                               11,387,259           29,588,029


8.

     2021   3   30                          2020   12   31                                                   0.05
                     4,884,143                           244                         2021       6    30
                          223,427                      2021 6 10
                A    H                    2021 7    27    2021 8 10

     2020   4   16                          2019   12   31                                                   0.1
                                  18,221,084 A                   3,488,674                                  349
                       2020     6 30                                 307,790                              2020 6
     24                                                 2020 8

                         2021    6 30                        2020 6 30




                                                                                            2021                 49
      2021   6       30


9.




                                                                                                   6 30
                                                                                                 2021                2020



                                                                                            (1,372,039)            1,122,253
                                                                                             4,442,993             4,334,572
                                                                                                 (0.31)                 0.26


        2020     6    24                                                            2020    8    19



                          2020   6   30                                                           2020    8   19



         2021             2020   6   30



10.

                                                                    514,932          2020    6       30
      517,429

                                                            5,934         2020    6 30                             2,173
                                                                 5,281           2020 6 30                              790
                                          653      2020     6   30                   1,383

                                                1,558,979                2020 6 30               :        1,449,340




50
                                                             2021     6    30


11.

      (a)

                              15,215      15,215           2020   6   30
            18,941   18,941                  2021 6   30

      (b)


                                                               6 30
                                                             2021               2020




                                                             22,417             14,318
                                                              2,710              5,475
                                                              5,342              9,356

                                                             30,469             29,149

                                                              2,430              2,464
                                                             43,964             23,215


12.

                              249,352   2020 6 30                         149,392




                                                                      2021             51
      2021   6   30


13.

                             2021        2020
                            6 30       12 31




                           4,423,155   5,912,709
                           2,649,539   2,568,009
                             318,425     146,063
                                 286           –

                           7,391,405   8,626,781


                             2021        2020
                            6 30       12 31




                           4,423,155   5,912,709
                           2,968,250   2,714,072

                           7,391,405   8,626,781


                             2021        2020
                            6 30       12 31




                           1,744,984   3,058,213
                           5,646,421   5,568,568

                           7,391,405   8,626,781


                      24




52
                                2021     6   30


14.




                               2021                 2020
                              6 30                12 31




      1                       122,689               141,578
      1 2                      36,634                11,036
      2 3                      13,004                15,855
      3                        22,703                18,686

                              195,030               187,155
                              (16,708)               (17,251)

                              178,322               169,904


                            1,745,297        2020     12   31
                2,805,364

15.

                               2021                 2020
                              6 30                12 31




                                   412                  463
            3                1,053,577            1,225,851

                             1,582,379            1,109,973
                             1,418,553              695,869

                             4,054,921            3,032,156




                                         2021              53
      2021   6    30


16.




                                                                          2021           2020
                                                                         6 30          12 31




      1                                                                      847,027    845,446
      1 2                                                                     29,393     33,648
      2 3                                                                     14,740     13,085
      3                                                                        3,870      1,682

                                                                             895,030    893,861


17.

                                                      5,363,353   2020   6     30
      6,878,571                    0.999%   4.00%

                                                      1,000,000   2020   6     30
      2,000,000        )              2.89%   2.90%

18.



                           1   1




54
                                                                       2021      6   30


19.

                                                                       2021                 2020
                                                                      6 30                12 31




                                                                      845,872               909,958
                                                                       25,627                       –
                                                                        4,451                 43,223
                                                                            8                 66,427
                                                                       (1,469)                 (3,988)
                                                                        3,305              (131,575)
                                                                       (5,345)               (38,173)

                                                                      872,449              845,872




20.

      a




                                     2021 6 30                         2020 12       31




                     1.00
          A

                                  1,671,709      1,671,709       1,671,709                1,671,709
                                  1,942,734      1,942,734       1,942,734                1,942,734

                                  3,614,443      3,614,443       3,614,443                3,614,443
                     1.00     H     858,987        858,987         699,504                  699,504

                                  4,473,430      4,473,430       4,313,947                4,313,947


              2021   1   29                             159,482,759    H




                                                                                 2021               55
      2021   6   30


20.

       b

                                                          2021 6 30           2020 12 31




                                                           4,884      6,385   4,884        6,385


21.

                           Minera Andina del Sol. SRL.   MAS

      (a)    2015



      (b)    2016



      (c)    2017

            2021 6    30       MAS




56
           2021     6   30


22.




      a


            6 30
          2021                 2020



          177,495             205,565
           11,435              26,526
            5,863              12,123
          531,132             783,173
           32,504              77,229

          758,429            1,104,616

            9,745               8,150

           19,135              19,135

           18,151               2,172
           10,932               3,261

           29,083               5,433

            6,894               7,931




                    2021              57
      2021   6   30


22.

       b


                           6 30
                         2021              2020



                           4,524             2,660
                             964               943
                          19,628             6,887
                              17             3,656


       c


                           6 30
                         2021              2020




                         445,800        253,520
                         786,200        844,640
                        (656,000)      (803,440)

                         576,000           294,720




                           6 30
                         2021              2020


                      3.5% 4.0%     3.5%    4.35%




58
             2021       6   30


22.

      d

            2021                   2020
           6 30                  12 31




            58,830                 51,670
            (6,281)                 (9,062)

            52,549                 42,608


            11,522                  2,502


             4,259                 13,580
              (393)                 (5,480)

             3,866                  8,100


          1,582,379              1,109,973

            56,128                 51,604

            56,000                 56,000

             4,302                  6,922

          1,766,746              1,277,709




           243,205                190,729

             7,799                 33,359

             1,582                        –

           142,753                120,106

           123,345                 22,506
             1,184                      –

                   –              72,207

           519,868                438,907




                        2021              59
      2021   6   30


22.

       e




                        6 30
                      2021     2020




                       2,775    2,428
                       1,071    1,712

                       3,846    4,140


       f




60
          2021     6   30


23.



          2021                2020
         6 30               12 31




         365,302             367,965
         271,341             277,937

         636,643             645,902


24.




      

      



      




                   2021              61
      2021   6   30


24.




                      2021 6 30      2020 12 31




                           767,348       2,314,557
                         3,655,807       3,598,152
                         1,361,974       1,123,604
                         1,287,565       1,444,405



                           318,425        146,063
                               286              –

                         7,391,405       8,626,781




                        10,323,562       8,672,590
                             1,113               –



                        10,324,675       8,672,590




62
                    2021   6   30


24.




      2020 1   1                    1,703,760
                                      100,003
                                     (190,662)
                                        4,541
                                       18,885

      2020   6 30                   1,636,527

      2021   1 1                    1,444,405
                                      211,338
                                     (309,765)
                                       (8,193)
                                      (50,220)

      2021 6   30                   1,287,565




                           2021             63
      2021    6     30


25.

      (i)

             2019    8   13
                                  100                  2019   12   27
                                        [2019]SCP501
             100         2

             2021 7 21                                  5               2.73%   267

             2021 8      20                             5               2.5%    270

      (ii)

             2021

                    2021      2




64
                                                         2021   6   30


25.

      (iii)

              2021 8     5
              100%                          55%    45%     4,667,014,358

              2021 8     5
              100%                 2,034,195,072

              2021   8   5                                                 100%
                              431,031,818




      (iv)

              2021   8   12
                         5




                                                                2021         65
A                               1.0




          * (Cardinal Resources Limited)
                                           CDV.AX
     CDV.TO

     14




H                 1.0




66
                  10

                                                                            2005   10
 27                       2006    1       1



        2018 9     14

 2021   1    1         2021 6 30




                           1996       7       16
                                                70%
20%                                            10%

                                 2013          7 17
                                              30% 70%

                                      2017         2   27



                                              2003     5    27




            571

                                 2000 1 31
                                 H    A
1787                                600547




                            1.00                           A     H




                                                                     2021          67
              2017    6   20    960.0



     (TMAC Resources Inc.)     2012     10     30
                                             TMR




                RPA

*




68