{"id":627698,"date":"2026-03-25T23:12:33","date_gmt":"2026-03-26T06:12:33","guid":{"rendered":"https:\/\/nai500.com\/?p=627698"},"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%a4%a6%e5%87%ba%e7%88%90%ef%bc%81","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/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%a4%a6%e5%87%ba%e7%88%90%ef%bc%81\/","title":{"rendered":"\u91cd\u78c5\u63ed\u79d8\uff1a2025\u5168\u7403\u5341\u5927\u91d1\u7926\u51fa\u7210\uff01"},"content":{"rendered":"

\u7576\u9ec3\u91d1\u50f9\u683c\u57282026\u5e74\u4e0a\u534a\u5e74\u4e0d\u65b7\u53e9\u64ca5000\u7f8e\u5143\/\u76ce\u53f8\u7684\u5fc3\u7406\u95dc\u53e3\u6642\uff0c\u5e02\u5834\u71b1\u8b70\u7684\u7126\u9ede\u65e9\u5df2\u4e0d\u518d\u662f\u201c\u91d1\u50f9\u9084\u80fd\u6f32\u591a\u9ad8\u201d\uff0c\u800c\u662f\u201c\u5168\u7403\u9084\u80fd\u6316\u51fa\u591a\u5c11\u91d1\u5b50\u201d\u3002<\/p>\n

\u5f9e\u4f9b\u7d66\u7aef\u770b\uff0c\u60c5\u6cc1\u4e0d\u5bb9\u6a02\u89c0\u30022025\u5e74\u5168\u7403\u9ec3\u91d1\u7e3d\u4f9b\u61c9\u91cf\u96d6\u540c\u6bd4\u589e\u95771%\u81f35000\u5678\uff0c\u4f46\u7926\u5c71\u7522\u91cf\u50c5\u5c0f\u5e45\u4e0a\u5347\u81f33672\u5678\u3002\u8fd1\u65e5\u4e00\u4efd\u57fa\u65bc2025\u5e74\u5168\u5e74\u751f\u7522\u6578\u64da\u7684\u5168\u7403\u5341\u5927\u91d1\u7926\u699c\u55ae\u6298\u5c04\u51fa\u4e00\u500b\u6b98\u9177\u7684\u73fe\u5be6\uff1a\u5728\u592e\u884c\u760b\u72c2\u6383\u8ca8\u3001\u79c1\u4eba\u90e8\u9580\u6295\u8cc7\u9700\u6c42\u4e95\u5674\u7684\u80cc\u666f\u4e0b\uff0c\u7926\u5c71\u7522\u91cf\u589e\u9577\u5df2\u903c\u8fd1\u6975\u9650\uff0c\u4e00\u5834\u95dc\u65bc\u9ec3\u91d1\u5b9a\u50f9\u6b0a\u7684\u7d50\u69cb\u6027\u91cd\u4f30\u6b63\u5728\u4e0a\u6f14\u3002<\/p>\n

\u6839\u64da\u6700\u65b0\u7d71\u8a08\uff0c2025\u5e74\u5168\u7403\u5341\u5927\u91d1\u7926\u5408\u8a08\u7522\u91cf\u7d04\u70ba1060\u842c\u76ce\u53f8\uff0c\u8f03\u4e0a\u5e74\u540c\u671f\u5c0f\u5e45\u4e0b\u6ed1\uff0c\u4e14\u534a\u6578\u4ee5\u4e0a\u7522\u91cf\u51fa\u73fe\u540c\u6bd4\u4e0b\u6ed1\u3002Nevada Gold Mines\u3001Olimpiada\u3001Grasberg\u3001Kibali\u3001Ahafo\u5747\u672a\u80fd\u5b88\u4f4f\u524d\u4e00\u5e74\u7684\u7522\u91cf\u6c34\u5e73\u3002\u4e8b\u6545\u3001\u7926\u8108\u8001\u5316\u3001\u54c1\u4f4d\u4e0b\u964d\u3001\u5730\u7de3\u6469\u64e6\u2014\u2014\u9019\u4e9b\u56e0\u7d20\u6b63\u5728\u96c6\u9ad4\u5236\u7d04\u8457\u4f9b\u61c9\u7aef\u7684\u5f48\u6027\u3002<\/p>\n

\u5c0d\u65bc\u666e\u901a\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u5168\u7403\u5341\u5927\u91d1\u7926\u7684\u6392\u540d\u8b8a\u5316\u91cb\u653e\u4e86\u4e00\u500b\u6e05\u6670\u7684\u4fe1\u865f\uff1a\u5728\u4f9b\u7d66\u525b\u6027\u3001\u9700\u6c42\u5f48\u6027\u7684\u65b0\u683c\u5c40\u4e0b\uff0c\u9ec3\u91d1\u7684\u725b\u5e02\u6558\u4e8b\u5df2\u7d93\u5f9e\u201c\u4ea4\u6613\u901a\u8139\u201d\u8f49\u5411\u4e86\u201c\u91cd\u69cb\u8ca8\u5e63\u79e9\u5e8f\u201d\u3002\u800c\u7576\u9019\u4efd\u699c\u55ae\u80cc\u5f8c\u7684\u6545\u4e8b\u88ab\u4e3b\u6d41\u5a92\u9ad4\u5ee3\u6cdb\u5831\u9053\u6642\uff0c\u771f\u6b63\u7684\u5927\u884c\u60c5\u6216\u8a31\u65e9\u5df2\u6084\u7136\u5b8c\u6210\u3002<\/p>\n

\u4ee5\u4e0b\u662f2025\u5e74\u5168\u7403\u524d\u5341\u5927\u91d1\u7926\uff1a<\/p>\n

#1 Nevada Gold Mines\uff08\u7f8e\u570b\uff09<\/h2>\n

\u904b\u71df\u5546Barrick\uff08\u6301\u80a161.5%\uff09\u8207Newmont\uff08\u6301\u80a138.5%\uff09\u7684\u5408\u8cc7\u4f01\u696d\u4ee5259.5\u842c\u76ce\u53f8\u7684\u7522\u91cf\u5118\u7ba1\u8f032024\u5e74\u4e0b\u6ed13%\uff0c\u4f46\u7e7c\u7e8c\u87ec\u806f\u699c\u9996\u3002\u9019\u5ea7\u753110\u500b\u5730\u4e0b\u7926\u548c12\u500b\u9732\u5929\u7926\u7d44\u6210\u7684\u8d85\u7d1a\u7d9c\u5408\u9ad4\uff0c\u81ea2019\u5e74Barrick\u653e\u68c4\u6575\u610f\u6536\u8cfc\u3001\u8f49\u800c\u8207Newmont\u7d44\u5efa\u5408\u8cc7\u4f01\u696d\u4ee5\u4f86\uff0c\u4e00\u76f4\u7a69\u5c45\u5168\u7403\u7b2c\u4e00\u3002\u4e0d\u904e\uff0c\u96d9\u65b9\u95dc\u4fc2\u8fd1\u671f\u51fa\u73fe\u88c2\u75d5\u2014\u2014Newmont\u4e0a\u6708\u4ee5Barrick\u5c07\u8cc7\u6e90\u5f9e\u5408\u8cc7\u4f01\u696d\u8f49\u79fb\u81f3\u5176\u5168\u8cc7\u6301\u6709\u7684Fourmile\u9805\u76ee\u70ba\u7531\uff0c\u767c\u51fa\u4e86\u9055\u7d04\u901a\u77e5\u3002<\/p>\n

#2 Muruntau\uff08\u70cf\u8332\u5225\u514b\u65af\u5766\uff09<\/h2>\n

Navoi Mining & Metallurgy Company\u904b\u71df\u7684Muruntau\u7d9c\u5408\u9ad4\u4ee5170.8\u842c\u76ce\u53f8\u7684\u7522\u91cf\u4f4d\u5c45\u7b2c\u4e8c\uff0c\u540c\u6bd4\u589e\u95774%\u3002\u9019\u5ea7\u4e16\u754c\u7d1a\u9732\u5929\u7926\u66fe\u8a08\u5283\u5728\u502b\u6566\u8b49\u5238\u4ea4\u6613\u6240\u53ca\u5854\u4ec0\u5e79\u9032\u884cIPO\uff0c\u4f30\u503c\u76ee\u6a19\u7d04200\u5104\u7f8e\u5143\uff0c\u4f46\u56e0\u5c0b\u6c42\u66f4\u512a\u4f30\u503c\u800c\u63a8\u9072\u4e0a\u5e02\u3002<\/p>\n

#3 Olimpiada\uff08\u4fc4\u7f85\u65af\uff09<\/h2>\n

Polyus\u65d7\u4e0b\u7684Olimpiada\u7926\u5c71\u4ee5135.7\u842c\u76ce\u53f8\u4f4d\u5217\u7b2c\u4e09\uff0c\u7522\u91cf\u540c\u6bd4\u4e0b\u964d6%\u3002\u9019\u5ea7\u4f4d\u65bc\u897f\u4f2f\u5229\u4e9e\u514b\u62c9\u65af\u8afe\u4e9e\u723e\u65af\u514b\u908a\u7586\u5340\u7684\u5de8\u578b\u9732\u5929\u7926\uff0c\u4ee5\u5176\u5728\u6975\u5bd2\u74b0\u5883\u4e0b\u8655\u7406\u8907\u96dc\u786b\u5316\u7926\u7684\u80fd\u529b\u800c\u805e\u540d\u3002<\/p>\n

#4 Kazzinc Consolidated\uff08\u54c8\u85a9\u514b\u65af\u5766\uff09<\/h2>\n

\u5f9e\u53bb\u5e74\u7684\u7b2c\u4e03\u4f4d\u8e8d\u5347\u81f3\u7b2c\u56db\u4f4d\uff0c\u7522\u91cf\u905494.7\u842c\u76ce\u53f8\u30022024\u5e74\uff0c\u5609\u80fd\u53ef\u66fe\u8a08\u5283\u51fa\u552e\u5176\u6301\u6709\u768470%\u80a1\u4efd\uff0c\u4f46\u56e0\u4e2d\u570b\u6f5b\u5728\u8cb7\u5bb6\u4f30\u503c\u672a\u9054\u9810\u671f\u800c\u4f5c\u7f77\u3002\u53bb\u5e74\u5e95\uff0c\u8a72\u7926\u5546\u8868\u793a\u5c07\u5411\u7af6\u722d\u5c0d\u624b\u958b\u653e\u91d1\u5c6c\u92b7\u552e\uff0c\u4e26\u5df2\u5c312026\u5e74\u5168\u90e8\u9285\u7522\u91cf\u767c\u51fa\u62db\u6a19\u3002<\/p>\n

#5 Grasberg\uff08\u5370\u5ea6\u5c3c\u897f\u4e9e\uff09<\/h2>\n

Freeport McMoRan\uff08\u6301\u80a148.76%\uff09\u8207PT Mineral Industri Indonesia\uff08\u6301\u80a151.24%\uff09\u5408\u8cc7\u7684Grasberg\u5f9e\u7b2c\u4e09\u4f4d\u6ed1\u843d\u81f3\u7b2c\u4e94\u4f4d\uff0c\u7522\u91cf\u70ba93.7\u842c\u76ce\u53f8\uff0c\u540c\u6bd4\u92b3\u6e1b50%\u30022025\u5e749\u6708\u7684\u4e00\u5834\u81f4\u547d\u6ce5\u77f3\u6d41\u5c0e\u81f47\u540d\u5de5\u4eba\u9047\u96e3\uff0c\u7926\u5c71\u88ab\u8feb\u505c\u7522\u4e26\u5ba3\u4f48\u4e0d\u53ef\u6297\u529b\uff0c\u9810\u8a08\u751f\u7522\u5f71\u97ff\u5c07\u6301\u7e8c\u81f32026\u5e74\uff0c\u5168\u9762\u6062\u5fa9\u904b\u71df\u8981\u52302027\u5e74\u5e95\u3002<\/p>\n

#6 Almalyk Complex\uff08\u70cf\u8332\u5225\u514b\u65af\u5766\uff09<\/h2>\n

\u7522\u91cf\u7a69\u5b9a\u572875\u842c\u76ce\u53f8\uff0c\u82072024\u5e74\u6301\u5e73\u3002\u9019\u5bb6\u70cf\u8332\u5225\u514b\u65af\u5766\u570b\u6709\u5de5\u696d\u5de8\u982d\u540c\u6642\u8ca2\u737b\u4e86\u8a72\u570b90%\u4ee5\u4e0a\u7684\u9285\u7522\u91cf\u3002\u672c\u6708\uff0c\u65b0\u5efa\u7684\u9285\u51b6\u7149\u5ee0\u5df2\u6295\u7522\uff0c\u5e74\u8655\u7406\u80fd\u529b\u90546000\u842c\u5678\u3002<\/p>\n

#7 Blagodatnoye\uff08\u4fc4\u7f85\u65af\uff09<\/h2>\n

\u9996\u6b21\u5165\u699c\u4fbf\u4f54\u64da\u7b2c\u4e03\u4f4d\uff0c\u7522\u91cf73.6\u842c\u76ce\u53f8\uff0c\u540c\u6bd4\u5927\u589e47%\u3002Polyus\u516c\u53f8\u5831\u544a\u986f\u793a\uff0c\u589e\u91cf\u4e3b\u8981\u4f86\u81ea\u65b0Mill-5\u5de5\u5ee0\u7684\u7522\u80fd\u722c\u5761\u4ee5\u53ca\u66f4\u9ad8\u7684\u7926\u77f3\u54c1\u4f4d\u8655\u7406\u3002<\/p>\n

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

Agnico Eagle Mines\u904b\u71df\u7684Detour Lake\u7926\u5c71\u5f9e\u53bb\u5e74\u7684\u7b2c11\u4f4d\u5347\u81f3\u7b2c\u516b\u4f4d\uff0c\u7522\u91cf69.3\u842c\u76ce\u53f8\uff0c\u540c\u6bd4\u589e\u95773%\u3002\u4f5c\u70ba\u52a0\u62ff\u5927\u6700\u5927\u9ec3\u91d1\u751f\u7522\u5546\uff0c\u8a72\u516c\u53f8\u4e0a\u6708\u516c\u4f48\u4e86\u5275\u7d00\u9304\u76842025\u5e74\u9ec3\u91d1\u5132\u91cf\uff0c\u53d7\u76ca\u4e8e\u91d1\u50f9\u4e0a\u6f32\uff0c\u5e74\u5ea6\u5229\u6f64\u98c6\u5347135%\uff0c\u4e26\u4e0a\u8abf\u4e86\u80a1\u606f\u3002<\/p>\n

#9 Kibali\uff08\u525b\u679c\u6c11\u4e3b\u5171\u548c\u570b\uff09<\/h2>\n

AngloGold Ashanti\u8207Barrick\u5404\u6301\u80a145%\u3001Societe Miniere de Kilo-Moto\u6301\u80a110%\u7684Kibali\u7926\u5c71\u4ee567.3\u842c\u76ce\u53f8\u4f4d\u5217\u7b2c\u4e5d\uff0c\u7522\u91cf\u5fae\u964d2%\u3002Barrick\u53bb\u5e74\u62ab\u9732\uff0c\u9019\u5ea7\u975e\u6d32\u6700\u5927\u91d1\u7926\u5df2\u63a2\u660e\u201c\u5927\u91cf\u65b0\u589e\u7926\u9ad4\u201d\uff0c\u6709\u671b\u5c07\u7926\u5c71\u58fd\u547d\u5ef6\u9577\u81f3\u7576\u524d10\u5e74\u8a08\u5283\u4e4b\u5f8c\u3002<\/p>\n

#10 Ahafo\uff08\u52a0\u7d0d\uff09<\/h2>\n

Newmont\u6301\u80a190%\u3001\u52a0\u7d0d\u653f\u5e9c\u6301\u80a110%\u7684Ahafo\u7926\u5c71\u4ee566.4\u842c\u76ce\u53f8\u6392\u5728\u7b2c\u5341\u4f4d\uff0c\u7522\u91cf\u540c\u6bd4\u4e0b\u964d17%\u3002\u9019\u4e00\u4e0b\u6ed1\u4e3b\u8981\u662f\u516c\u53f8\u6230\u7565\u8f49\u578b\u4e2d\u7684\u8a08\u5283\u6027\u6e1b\u7522\uff0c\u800c\u975e\u904b\u71df\u4e8b\u6545\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u7576\u9ec3\u91d1\u50f9\u683c\u57282026\u5e74\u4e0a\u534a\u5e74\u4e0d\u65b7\u53e9\u64ca5000\u7f8e\u5143\/\u76ce\u53f8\u7684\u5fc3\u7406\u95dc\u53e3\u6642\uff0c\u5e02\u5834\u71b1\u8b70\u7684\u7126\u9ede\u65e9\u5df2\u4e0d\u518d\u662f\u201c\u91d1\u50f9\u9084\u80fd\u6f32\u591a\u9ad8\u201d […]<\/p>\n","protected":false},"author":27,"featured_media":497424,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[431,2197],"tags":[793,895,670,561],"class_list":["post-627698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trends-strategies-zh-hant","category-2197","tag-793","tag-895","tag-670","tag-561","sectors-gold-zh-hant","locations-620","locations-canada-zh-hant","locations-us-zh-hant","locations-africa-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/627698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=627698"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/627698\/revisions"}],"predecessor-version":[{"id":627701,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/627698\/revisions\/627701"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/497424"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=627698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=627698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=627698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}