{"id":340439,"date":"2020-07-04T00:35:04","date_gmt":"2020-07-04T07:35:04","guid":{"rendered":"https:\/\/nai500.com\/?p=340439"},"modified":"2020-07-04T00:35:41","modified_gmt":"2020-07-04T07:35:41","slug":"%e4%b8%83%e6%9c%88-%e4%b9%b0%e5%85%a5-%e4%b8%89%e5%8f%aa-%e9%bb%84%e9%87%91%e8%82%a1-%e4%b9%90%e4%ba%ab-%e6%94%b6%e7%9b%8a","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2020\/07\/%e4%b8%83%e6%9c%88-%e4%b9%b0%e5%85%a5-%e4%b8%89%e5%8f%aa-%e9%bb%84%e9%87%91%e8%82%a1-%e4%b9%90%e4%ba%ab-%e6%94%b6%e7%9b%8a\/","title":{"rendered":"\u4e03\u6708\u653e\u5fc3\u4e70\u5165\u8fd9\u4e09\u53ea\u9ec4\u91d1\u80a1\uff0c\u4e50\u4eab\u6536\u76ca"},"content":{"rendered":"

\u968f\u7740\u590f\u5b63\u7684\u7b2c\u4e00\u4e2a\u5b8c\u6574\u6708\u4efd7\u6708\u7684\u5230\u6765\uff0c\u5347\u9ad8\u7684\u4e0d\u4ec5\u4ec5\u662f\u6c14\u6e29\uff0c\u9ec4\u91d1\u5e02\u573a\u4e5f\u4e00\u6837\u3002\u57287\u6708\u7684\u7b2c\u4e00\u4e2a\u4ea4\u6613\u65e5\uff0c8\u6708\u9ec4\u91d1\u671f\u8d27\u5408\u7ea6\u4fbf\u4e00\u4e3e\u7a81\u7834\u4e86\u6bcf\u76ce\u53f81800\u7f8e\u5143\u6574\u6570\u5173\u53e3\u3002\u5c3d\u7ba1\u968f\u540e\u8d70\u52bf\u6709\u6240\u4e0b\u6ed1\uff0c\u4f46\u8fd9\u4ecd\u662f\u81ea2011\u5e748\u6708\u4ee5\u6765\u9ec4\u91d1\u671f\u8d27\u7684\u6700\u9ad8\u4ef7\u683c\u3002<\/p>\n

\u5728\u7f8e\u56fd\u5404\u5730\u65b0\u51a0\u611f\u67d3\u75c5\u4f8b\u6570\u91cf\u7ee7\u7eed\u4e0a\u5347\u4ee5\u53ca\u5730\u7f18\u653f\u6cbb\u5c40\u52bf\u6301\u7eed\u7d27\u5f20\u7684\u60c5\u51b5\u4e0b\uff0c\u5f88\u660e\u663e\u6295\u8d44\u8005\u8fd8\u4f1a\u7ee7\u7eed\u4fdd\u6301\u5bf9\u9ec4\u91d1\u7684\u6295\u8d44\u80c3\u53e3\uff0c\u4ee5\u5bf9\u51b2\u5927\u76d8\u7684\u6ce2\u52a8\u884c\u60c5\u3002\u56e0\u6b64\uff0c\u5728\u6295\u8d44\u7ec4\u5408\u4e2d\u52a0\u5165\u4e00\u4e9b\u9ec4\u91d1\u7c7b\u7684\u80a1\u7968\u4ecd\u662f\u660e\u667a\u4e4b\u4e3e\u3002\u50cf\u4ee5\u4e0b\u8fd9\u51e0\u53ea\u80a1\u7968\uff1aEquinox Gold (NYSEMKT:EQX)<\/a>\u3001Franco-Nevada (NYSE:FNV)<\/a>\u548c\u7ebd\u8499\u7279Newmont Goldcorp (NYSE:NEM)<\/a>\u5c31\u662f\u5f88\u597d\u7684\u6295\u8d44\u673a\u4f1a\u3002<\/p>\n

\u7ec4\u5408\u5728\u4e00\u8d77\u66f4\u5f3a\u5927<\/h2>\n

Equinox Gold\u5728\u9ec4\u91d1\u6295\u8d44\u8005\u4e4b\u95f4\u53ef\u80fd\u4e0d\u7b97\u592a\u77e5\u540d\uff0c\u4f46\u8be5\u516c\u53f8\u5728\u4eca\u5e743\u6708\u4efd\u5b8c\u6210\u4e86\u4e0eLeagold Mining\u7684\u5408\u5e76\u540e\uff0c\u8fd8\u662f\u503c\u5f97\u6295\u8d44\u8005\u5173\u6ce8\u7684\u3002\u9664\u4e86\u5728\u7f8e\u6d32\u8fd0\u8425\u76846\u5ea7\u77ff\u5c71\u5916\uff0c\u8be5\u516c\u53f8\u8fd8\u67094\u4e2a\u5f00\u53d1\u4e2d\u7684\u9879\u76ee\u3002<\/p>\n

2020\u5e74\uff0c\u7ba1\u7406\u5c42\u7684\u76ee\u6807\u662f\u9ec4\u91d1\u4ea7\u91cf\u572854\u4e07\u76ce\u53f8\u523060\u4e07\u76ce\u53f8\u4e4b\u95f4\uff0c\u4f46\u516c\u53f8\u9884\u8ba1\u4ea7\u91cf\u5c06\u5927\u5e45\u589e\u957f\uff0c\u76ee\u6807\u662f\u6bcf\u5e74100\u4e07\u76ce\u53f8(\u4e0d\u8fc7\u516c\u53f8\u6ca1\u6709\u63d0\u4f9b\u5177\u4f53\u7684\u65f6\u95f4\u8868)\u3002\u516c\u53f8\u65d7\u4e0b\u77ff\u5c71\u76ee\u524d\u5df2\u63a2\u660e\u548c\u57fa\u672c\u63a2\u660e\u7684\u9ec4\u91d1\u50a8\u91cf\u4e3a1220\u4e07\u76ce\u53f8\uff0c\u6d4b\u5b9a\u548c\u6307\u793a\u8d44\u6e90\u91cf\u4e3a2190\u4e07\u76ce\u53f8\uff0c\u800c\u4e14\u8be5\u516c\u53f8\u6709\u80fd\u529b\u901a\u8fc7\u6709\u673a\u589e\u957f\u5b9e\u73b0\u8be5\u76ee\u6807\u3002<\/p>\n

Equinox Gold\u9884\u8ba12020\u5e74\u7684\u6574\u4f53\u6210\u672c\u5c06\u7ef4\u6301\u5728\u6bcf\u76ce\u53f81030\u7f8e\u5143\u5de6\u53f3\uff0c\u9274\u4e8e\u4eca\u5e74\u8fc4\u4eca\u91d1\u4ef7\u5e73\u5747\u4e3a\u6bcf\u76ce\u53f81646\u7f8e\u5143\uff0c\u8be5\u516c\u53f8\u4eca\u5e74\u6709\u53ef\u80fd\u4ea7\u751f\u5f3a\u52b2\u7684\u5229\u6da6\u7387\u3002\u4f46\u8fd9\u5bb6\u516c\u53f8\u7279\u522b\u5438\u5f15\u4eba\u7684\u5730\u65b9\u8fd8\u5728\u4e8e\u7ba1\u7406\u5c42\u6240\u626e\u6f14\u7684\u89d2\u8272\u3002\u5185\u90e8\u4eba\u58eb\u6301\u6709\u8be5\u516c\u53f8\u7ea69%\u7684\u80a1\u4efd\uff0c\u8fd9\u4e2a\u6570\u5b57\u4e0e\u5927\u591a\u6570\u540c\u884c\u76f8\u6bd4\u662f\u76f8\u5f53\u53ef\u89c2\u7684\uff0c\u56e0\u6b64\uff0c\u6295\u8d44\u8005\u53ef\u4ee5\u653e\u5fc3\uff0c\u7ba1\u7406\u5c42\u5728\u4e3a\u80a1\u4e1c\u521b\u9020\u4ef7\u503c\u65b9\u9762\u7edd\u5bf9\u52a8\u529b\u6ee1\u6ee1\u3002<\/p>\n

\u987a\u6d41\u800c\u4e0b<\/h2>\n

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Franco-Nevada\u62e5\u6709\u5927\u91cf\u7684\u9ec4\u91d1\u8d44\u4ea7\u655e\u53e3\uff0c\u4e0e\u5168\u4e16\u754c\u4e00\u4e9b\u9886\u5148\u7684\u77ff\u4e1a\u516c\u53f8\u5efa\u7acb\u4e86\u4f19\u4f34\u5173\u7cfb\uff0c\u8d44\u4ea7\u7ec4\u5408\u4e2d\u670956\u4e2a\u6b63\u5728\u8fd0\u8425\u7684\u9ec4\u91d1\u9879\u76ee\uff0c35\u9879\u8d44\u4ea7\u5904\u4e8e\u5f00\u53d1\u7684\u9ad8\u7ea7\u9636\u6bb5\uff0c\u7136\u540e\u6709206\u4e2a\u9879\u76ee\u5904\u4e8e\u52d8\u63a2\u9636\u6bb5\uff0c\u610f\u5473\u7740\u4ee5\u540e\u7684\u589e\u957f\u7a7a\u95f4\u8fd8\u5f88\u5e7f\u9614\u3002<\/p>\n

\u8d22\u52a1\u65b9\u9762\uff0c\u516c\u53f8\u8868\u73b0\u4e5f\u5f88\u62a2\u773c\uff0c\u8d44\u4ea7\u8d1f\u503a\u8868\u4e0a\u6ca1\u6709\u8d1f\u503a\uff0c\u8d22\u52a1\u72b6\u51b5\u826f\u597d\u3002\u5982\u679c\u6295\u8d44\u8005\u8fd8\u5f88\u770b\u91cd\u5177\u6709\u793e\u4f1a\u8d23\u4efb\u611f\u7684ESG\u6295\u8d44\uff0cFranco-Nevada\u5c31\u66f4\u503c\u5f97\u8003\u8651\u4e86\u3002\u5728ESG\u548c\u516c\u53f8\u6cbb\u7406\u7814\u7a76\u9886\u57df\u5904\u4e8e\u9886\u5148\u5730\u4f4d\u7684Sustainalytics\u516c\u53f8\u5728104\u5bb6\u8d35\u91d1\u5c5e\u516c\u53f8\u4e2d\u5c06\u8be5\u516c\u53f8\u5217\u4e3a\u7b2c\u4e00\u540d\u3002<\/p>\n

\u884c\u4e1a\u9886\u8896<\/h2>\n

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\u6295\u8d44\u8005\u4f1a\u53d1\u73b0\u8fd9\u5bb6\u516c\u53f8\u7684\u8d22\u52a1\u72b6\u51b5\u975e\u5e38\u5b89\u5168\u3002\u51c0\u503a\u52a1\u4e0e\u8c03\u6574\u540e\u7684\u606f\u7a0e\u6298\u65e7\u644a\u9500\u524d\u5229\u6da6\uff08EBITDA\uff09\u7684\u6bd4\u7387\u7ea6\u4e3a0.7\uff0c\u663e\u7136\u7ba1\u7406\u5c42\u5e76\u6ca1\u6709\u8fc7\u5ea6\u4f9d\u8d56\u6760\u6746\u3002\u800c\u4e14\u57282020\u5e74\u7b2c\u4e00\u5b63\u5ea6\uff0c\u8be5\u516c\u53f8\u8fdb\u884c\u4e86\u7ea610\u4ebf\u7f8e\u5143\u7684\u503a\u52a1\u518d\u878d\u8d44\uff0c\u9884\u8ba1\u6b64\u4e3e\u6bcf\u5e74\u5c06\u8282\u7701\u7ea61700\u4e07\u7f8e\u5143\u7684\u5229\u606f\u652f\u51fa\u3002<\/p>\n

\u867d\u7136\u9ec4\u91d1\u5f00\u91c7\u516c\u53f8\u901a\u5e38\u4e0d\u662f\u6d3e\u606f\u6295\u8d44\u8005\u5173\u6ce8\u7684\u7126\u70b9\uff0c\u4f46\u7ebd\u8499\u7279\u5728\u884c\u4e1a\u4e2d\u8131\u9896\u800c\u51fa\uff0c\u4eca\u5e74\u4e00\u5b63\u5ea6\u8fd8\u5c06\u5b63\u5ea6\u80a1\u606f\u4e0a\u8c03\u4e8679%\uff0c\u81f3\u6bcf\u80a10.25\u7f8e\u5143\uff0c\u80a1\u606f\u6536\u76ca\u7387\u9ad8\u8fbe1.63%\uff0c\u4e3a\u884c\u4e1a\u6700\u9ad8\u4e4b\u4e00\u3002\u6b64\u5916\uff0c\u8be5\u516c\u53f8\u8fd8\u5236\u5b9a\u4e86\u52302020\u5e74\u5e95\u56de\u8d2d10\u4ebf\u7f8e\u5143\u80a1\u7968\u7684\u76ee\u6807\u3002\u6240\u4ee5\uff0c\u5373\u4fbf\u662f\u516c\u53f8\u4ee5\u540e\u5ba3\u5e03\u80a1\u606f\u4fdd\u6301\u4e0d\u53d8\u6216\u8005\u53ef\u80fd\u4e0b\u964d\uff0c\u800c\u4e14\u6781\u5ea6\u4f9d\u8d56\u9ec4\u91d1\u4ef7\u683c\uff0c\u6295\u8d44\u8005\u4e5f\u4f1a\u5f97\u5230\u5f88\u597d\u7684\u4fdd\u62a4\u3002<\/p>\n

\u9644\u8d60\u51e0\u53e5\u826f\u8a00<\/h2>\n

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