{"id":627694,"date":"2026-03-25T23:12:33","date_gmt":"2026-03-26T06:12:33","guid":{"rendered":"https:\/\/nai500.com\/?p=627694"},"modified":"2026-03-25T23:12:33","modified_gmt":"2026-03-26T06:12:33","slug":"%e9%87%8d%e7%a3%85%e6%8f%ad%e7%a7%98%ef%bc%9a2025%e5%85%a8%e7%90%83%e5%8d%81%e5%a4%a7%e9%87%91%e7%9f%bf%e5%87%ba%e7%82%89%ef%bc%81","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/03\/%e9%87%8d%e7%a3%85%e6%8f%ad%e7%a7%98%ef%bc%9a2025%e5%85%a8%e7%90%83%e5%8d%81%e5%a4%a7%e9%87%91%e7%9f%bf%e5%87%ba%e7%82%89%ef%bc%81\/","title":{"rendered":"\u91cd\u78c5\u63ed\u79d8\uff1a2025\u5168\u7403\u5341\u5927\u91d1\u77ff\u51fa\u7089\uff01"},"content":{"rendered":"

\u5f53\u9ec4\u91d1\u4ef7\u683c\u57282026\u5e74\u4e0a\u534a\u5e74\u4e0d\u65ad\u53e9\u51fb5000\u7f8e\u5143\/\u76ce\u53f8\u7684\u5fc3\u7406\u5173\u53e3\u65f6\uff0c\u5e02\u573a\u70ed\u8bae\u7684\u7126\u70b9\u65e9\u5df2\u4e0d\u518d\u662f\u201c\u91d1\u4ef7\u8fd8\u80fd\u6da8\u591a\u9ad8\u201d\uff0c\u800c\u662f\u201c\u5168\u7403\u8fd8\u80fd\u6316\u51fa\u591a\u5c11\u91d1\u5b50\u201d\u3002<\/p>\n

\u4ece\u4f9b\u7ed9\u7aef\u770b\uff0c\u60c5\u51b5\u4e0d\u5bb9\u4e50\u89c2\u30022025\u5e74\u5168\u7403\u9ec4\u91d1\u603b\u4f9b\u5e94\u91cf\u867d\u540c\u6bd4\u589e\u957f1%\u81f35000\u5428\uff0c\u4f46\u77ff\u5c71\u4ea7\u91cf\u4ec5\u5c0f\u5e45\u4e0a\u5347\u81f33672\u5428\u3002\u8fd1\u65e5\u4e00\u4efd\u57fa\u4e8e2025\u5e74\u5168\u5e74\u751f\u4ea7\u6570\u636e\u7684\u5168\u7403\u5341\u5927\u91d1\u77ff\u699c\u5355\u6298\u5c04\u51fa\u4e00\u4e2a\u6b8b\u9177\u7684\u73b0\u5b9e\uff1a\u5728\u592e\u884c\u75af\u72c2\u626b\u8d27\u3001\u79c1\u4eba\u90e8\u95e8\u6295\u8d44\u9700\u6c42\u4e95\u55b7\u7684\u80cc\u666f\u4e0b\uff0c\u77ff\u5c71\u4ea7\u91cf\u589e\u957f\u5df2\u903c\u8fd1\u6781\u9650\uff0c\u4e00\u573a\u5173\u4e8e\u9ec4\u91d1\u5b9a\u4ef7\u6743\u7684\u7ed3\u6784\u6027\u91cd\u4f30\u6b63\u5728\u4e0a\u6f14\u3002<\/p>\n

\u6839\u636e\u6700\u65b0\u7edf\u8ba1\uff0c2025\u5e74\u5168\u7403\u5341\u5927\u91d1\u77ff\u5408\u8ba1\u4ea7\u91cf\u7ea6\u4e3a1060\u4e07\u76ce\u53f8\uff0c\u8f83\u4e0a\u5e74\u540c\u671f\u5c0f\u5e45\u4e0b\u6ed1\uff0c\u4e14\u534a\u6570\u4ee5\u4e0a\u4ea7\u91cf\u51fa\u73b0\u540c\u6bd4\u4e0b\u6ed1\u3002Nevada Gold Mines\u3001Olimpiada\u3001Grasberg\u3001Kibali\u3001Ahafo\u5747\u672a\u80fd\u5b88\u4f4f\u524d\u4e00\u5e74\u7684\u4ea7\u91cf\u6c34\u5e73\u3002\u4e8b\u6545\u3001\u77ff\u8109\u8001\u5316\u3001\u54c1\u4f4d\u4e0b\u964d\u3001\u5730\u7f18\u6469\u64e6\u2014\u2014\u8fd9\u4e9b\u56e0\u7d20\u6b63\u5728\u96c6\u4f53\u5236\u7ea6\u7740\u4f9b\u5e94\u7aef\u7684\u5f39\u6027\u3002<\/p>\n

\u5bf9\u4e8e\u666e\u901a\u6295\u8d44\u8005\u800c\u8a00\uff0c\u5168\u7403\u5341\u5927\u91d1\u77ff\u7684\u6392\u540d\u53d8\u5316\u91ca\u653e\u4e86\u4e00\u4e2a\u6e05\u6670\u7684\u4fe1\u53f7\uff1a\u5728\u4f9b\u7ed9\u521a\u6027\u3001\u9700\u6c42\u5f39\u6027\u7684\u65b0\u683c\u5c40\u4e0b\uff0c\u9ec4\u91d1\u7684\u725b\u5e02\u53d9\u4e8b\u5df2\u7ecf\u4ece\u201c\u4ea4\u6613\u901a\u80c0\u201d\u8f6c\u5411\u4e86\u201c\u91cd\u6784\u8d27\u5e01\u79e9\u5e8f\u201d\u3002\u800c\u5f53\u8fd9\u4efd\u699c\u5355\u80cc\u540e\u7684\u6545\u4e8b\u88ab\u4e3b\u6d41\u5a92\u4f53\u5e7f\u6cdb\u62a5\u9053\u65f6\uff0c\u771f\u6b63\u7684\u5927\u884c\u60c5\u6216\u8bb8\u65e9\u5df2\u6084\u7136\u5b8c\u6210\u3002<\/p>\n

\u4ee5\u4e0b\u662f2025\u5e74\u5168\u7403\u524d\u5341\u5927\u91d1\u77ff\uff1a<\/p>\n

#1 Nevada Gold Mines\uff08\u7f8e\u56fd\uff09<\/h2>\n

\u8fd0\u8425\u5546Barrick\uff08\u6301\u80a161.5%\uff09\u4e0eNewmont\uff08\u6301\u80a138.5%\uff09\u7684\u5408\u8d44\u4f01\u4e1a\u4ee5259.5\u4e07\u76ce\u53f8\u7684\u4ea7\u91cf\u5c3d\u7ba1\u8f832024\u5e74\u4e0b\u6ed13%\uff0c\u4f46\u7ee7\u7eed\u8749\u8054\u699c\u9996\u3002\u8fd9\u5ea7\u753110\u4e2a\u5730\u4e0b\u77ff\u548c12\u4e2a\u9732\u5929\u77ff\u7ec4\u6210\u7684\u8d85\u7ea7\u7efc\u5408\u4f53\uff0c\u81ea2019\u5e74Barrick\u653e\u5f03\u654c\u610f\u6536\u8d2d\u3001\u8f6c\u800c\u4e0eNewmont\u7ec4\u5efa\u5408\u8d44\u4f01\u4e1a\u4ee5\u6765\uff0c\u4e00\u76f4\u7a33\u5c45\u5168\u7403\u7b2c\u4e00\u3002\u4e0d\u8fc7\uff0c\u53cc\u65b9\u5173\u7cfb\u8fd1\u671f\u51fa\u73b0\u88c2\u75d5\u2014\u2014Newmont\u4e0a\u6708\u4ee5Barrick\u5c06\u8d44\u6e90\u4ece\u5408\u8d44\u4f01\u4e1a\u8f6c\u79fb\u81f3\u5176\u5168\u8d44\u6301\u6709\u7684Fourmile\u9879\u76ee\u4e3a\u7531\uff0c\u53d1\u51fa\u4e86\u8fdd\u7ea6\u901a\u77e5\u3002<\/p>\n

#2 Muruntau\uff08\u4e4c\u5179\u522b\u514b\u65af\u5766\uff09<\/h2>\n

Navoi Mining & Metallurgy Company\u8fd0\u8425\u7684Muruntau\u7efc\u5408\u4f53\u4ee5170.8\u4e07\u76ce\u53f8\u7684\u4ea7\u91cf\u4f4d\u5c45\u7b2c\u4e8c\uff0c\u540c\u6bd4\u589e\u957f4%\u3002\u8fd9\u5ea7\u4e16\u754c\u7ea7\u9732\u5929\u77ff\u66fe\u8ba1\u5212\u5728\u4f26\u6566\u8bc1\u5238\u4ea4\u6613\u6240\u53ca\u5854\u4ec0\u5e72\u8fdb\u884cIPO\uff0c\u4f30\u503c\u76ee\u6807\u7ea6200\u4ebf\u7f8e\u5143\uff0c\u4f46\u56e0\u5bfb\u6c42\u66f4\u4f18\u4f30\u503c\u800c\u63a8\u8fdf\u4e0a\u5e02\u3002<\/p>\n

#3 Olimpiada\uff08\u4fc4\u7f57\u65af\uff09<\/h2>\n

Polyus\u65d7\u4e0b\u7684Olimpiada\u77ff\u5c71\u4ee5135.7\u4e07\u76ce\u53f8\u4f4d\u5217\u7b2c\u4e09\uff0c\u4ea7\u91cf\u540c\u6bd4\u4e0b\u964d6%\u3002\u8fd9\u5ea7\u4f4d\u4e8e\u897f\u4f2f\u5229\u4e9a\u514b\u62c9\u65af\u8bfa\u4e9a\u5c14\u65af\u514b\u8fb9\u7586\u533a\u7684\u5de8\u578b\u9732\u5929\u77ff\uff0c\u4ee5\u5176\u5728\u6781\u5bd2\u73af\u5883\u4e0b\u5904\u7406\u590d\u6742\u786b\u5316\u77ff\u7684\u80fd\u529b\u800c\u95fb\u540d\u3002<\/p>\n

#4 Kazzinc Consolidated\uff08\u54c8\u8428\u514b\u65af\u5766\uff09<\/h2>\n

\u4ece\u53bb\u5e74\u7684\u7b2c\u4e03\u4f4d\u8dc3\u5347\u81f3\u7b2c\u56db\u4f4d\uff0c\u4ea7\u91cf\u8fbe94.7\u4e07\u76ce\u53f8\u30022024\u5e74\uff0c\u5609\u80fd\u53ef\u66fe\u8ba1\u5212\u51fa\u552e\u5176\u6301\u6709\u768470%\u80a1\u4efd\uff0c\u4f46\u56e0\u4e2d\u56fd\u6f5c\u5728\u4e70\u5bb6\u4f30\u503c\u672a\u8fbe\u9884\u671f\u800c\u4f5c\u7f62\u3002\u53bb\u5e74\u5e95\uff0c\u8be5\u77ff\u5546\u8868\u793a\u5c06\u5411\u7ade\u4e89\u5bf9\u624b\u5f00\u653e\u91d1\u5c5e\u9500\u552e\uff0c\u5e76\u5df2\u5c312026\u5e74\u5168\u90e8\u94dc\u4ea7\u91cf\u53d1\u51fa\u62db\u6807\u3002<\/p>\n

#5 Grasberg\uff08\u5370\u5ea6\u5c3c\u897f\u4e9a\uff09<\/h2>\n

Freeport McMoRan\uff08\u6301\u80a148.76%\uff09\u4e0ePT Mineral Industri Indonesia\uff08\u6301\u80a151.24%\uff09\u5408\u8d44\u7684Grasberg\u4ece\u7b2c\u4e09\u4f4d\u6ed1\u843d\u81f3\u7b2c\u4e94\u4f4d\uff0c\u4ea7\u91cf\u4e3a93.7\u4e07\u76ce\u53f8\uff0c\u540c\u6bd4\u9510\u51cf50%\u30022025\u5e749\u6708\u7684\u4e00\u573a\u81f4\u547d\u6ce5\u77f3\u6d41\u5bfc\u81f47\u540d\u5de5\u4eba\u9047\u96be\uff0c\u77ff\u5c71\u88ab\u8feb\u505c\u4ea7\u5e76\u5ba3\u5e03\u4e0d\u53ef\u6297\u529b\uff0c\u9884\u8ba1\u751f\u4ea7\u5f71\u54cd\u5c06\u6301\u7eed\u81f32026\u5e74\uff0c\u5168\u9762\u6062\u590d\u8fd0\u8425\u8981\u52302027\u5e74\u5e95\u3002<\/p>\n

#6 Almalyk Complex\uff08\u4e4c\u5179\u522b\u514b\u65af\u5766\uff09<\/h2>\n

\u4ea7\u91cf\u7a33\u5b9a\u572875\u4e07\u76ce\u53f8\uff0c\u4e0e2024\u5e74\u6301\u5e73\u3002\u8fd9\u5bb6\u4e4c\u5179\u522b\u514b\u65af\u5766\u56fd\u6709\u5de5\u4e1a\u5de8\u5934\u540c\u65f6\u8d21\u732e\u4e86\u8be5\u56fd90%\u4ee5\u4e0a\u7684\u94dc\u4ea7\u91cf\u3002\u672c\u6708\uff0c\u65b0\u5efa\u7684\u94dc\u51b6\u70bc\u5382\u5df2\u6295\u4ea7\uff0c\u5e74\u5904\u7406\u80fd\u529b\u8fbe6000\u4e07\u5428\u3002<\/p>\n

#7 Blagodatnoye\uff08\u4fc4\u7f57\u65af\uff09<\/h2>\n

\u9996\u6b21\u5165\u699c\u4fbf\u5360\u636e\u7b2c\u4e03\u4f4d\uff0c\u4ea7\u91cf73.6\u4e07\u76ce\u53f8\uff0c\u540c\u6bd4\u5927\u589e47%\u3002Polyus\u516c\u53f8\u62a5\u544a\u663e\u793a\uff0c\u589e\u91cf\u4e3b\u8981\u6765\u81ea\u65b0Mill-5\u5de5\u5382\u7684\u4ea7\u80fd\u722c\u5761\u4ee5\u53ca\u66f4\u9ad8\u7684\u77ff\u77f3\u54c1\u4f4d\u5904\u7406\u3002<\/p>\n

#8 Detour Lake\uff08\u52a0\u62ff\u5927\uff09<\/h2>\n

Agnico Eagle Mines\u8fd0\u8425\u7684Detour Lake\u77ff\u5c71\u4ece\u53bb\u5e74\u7684\u7b2c11\u4f4d\u5347\u81f3\u7b2c\u516b\u4f4d\uff0c\u4ea7\u91cf69.3\u4e07\u76ce\u53f8\uff0c\u540c\u6bd4\u589e\u957f3%\u3002\u4f5c\u4e3a\u52a0\u62ff\u5927\u6700\u5927\u9ec4\u91d1\u751f\u4ea7\u5546\uff0c\u8be5\u516c\u53f8\u4e0a\u6708\u516c\u5e03\u4e86\u521b\u7eaa\u5f55\u76842025\u5e74\u9ec4\u91d1\u50a8\u91cf\uff0c\u53d7\u76ca\u4e8e\u91d1\u4ef7\u4e0a\u6da8\uff0c\u5e74\u5ea6\u5229\u6da6\u98d9\u5347135%\uff0c\u5e76\u4e0a\u8c03\u4e86\u80a1\u606f\u3002<\/p>\n

#9 Kibali\uff08\u521a\u679c\u6c11\u4e3b\u5171\u548c\u56fd\uff09<\/h2>\n

AngloGold Ashanti\u4e0eBarrick\u5404\u6301\u80a145%\u3001Societe Miniere de Kilo-Moto\u6301\u80a110%\u7684Kibali\u77ff\u5c71\u4ee567.3\u4e07\u76ce\u53f8\u4f4d\u5217\u7b2c\u4e5d\uff0c\u4ea7\u91cf\u5fae\u964d2%\u3002Barrick\u53bb\u5e74\u62ab\u9732\uff0c\u8fd9\u5ea7\u975e\u6d32\u6700\u5927\u91d1\u77ff\u5df2\u63a2\u660e\u201c\u5927\u91cf\u65b0\u589e\u77ff\u4f53\u201d\uff0c\u6709\u671b\u5c06\u77ff\u5c71\u5bff\u547d\u5ef6\u957f\u81f3\u5f53\u524d10\u5e74\u8ba1\u5212\u4e4b\u540e\u3002<\/p>\n

#10 Ahafo\uff08\u52a0\u7eb3\uff09<\/h2>\n

Newmont\u6301\u80a190%\u3001\u52a0\u7eb3\u653f\u5e9c\u6301\u80a110%\u7684Ahafo\u77ff\u5c71\u4ee566.4\u4e07\u76ce\u53f8\u6392\u5728\u7b2c\u5341\u4f4d\uff0c\u4ea7\u91cf\u540c\u6bd4\u4e0b\u964d17%\u3002\u8fd9\u4e00\u4e0b\u6ed1\u4e3b\u8981\u662f\u516c\u53f8\u6218\u7565\u8f6c\u578b\u4e2d\u7684\u8ba1\u5212\u6027\u51cf\u4ea7\uff0c\u800c\u975e\u8fd0\u8425\u4e8b\u6545\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u5f53\u9ec4\u91d1\u4ef7\u683c\u57282026\u5e74\u4e0a\u534a\u5e74\u4e0d\u65ad\u53e9\u51fb5000\u7f8e\u5143\/\u76ce\u53f8\u7684\u5fc3\u7406\u5173\u53e3\u65f6\uff0c\u5e02\u573a\u70ed\u8bae\u7684\u7126\u70b9\u65e9\u5df2\u4e0d\u518d\u662f\u201c\u91d1\u4ef7\u8fd8\u80fd\u6da8\u591a\u9ad8\u201d […]<\/p>\n","protected":false},"author":27,"featured_media":497423,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[430,2196],"tags":[766,893,659,440],"class_list":["post-627694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trends-strategies-zh-hans","category-2196","tag-766","tag-893","tag-659","tag-440","sectors-gold-zh-hans","locations-618","locations-canada-zh-hans","locations-us-zh-hans","locations-africa-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/627694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=627694"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/627694\/revisions"}],"predecessor-version":[{"id":627697,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/627694\/revisions\/627697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/497423"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=627694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=627694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=627694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}