{"id":631208,"date":"2026-04-14T22:38:15","date_gmt":"2026-04-15T05:38:15","guid":{"rendered":"https:\/\/nai500.com\/?p=631208"},"modified":"2026-04-14T22:38:15","modified_gmt":"2026-04-15T05:38:15","slug":"%e5%a4%ae%e8%a1%8c%e9%83%bd%e5%9c%a8%e6%90%b6%e9%bb%83%e9%87%91%e4%ba%86%ef%bc%8c%e9%80%99%e4%ba%9b%e5%9b%9e%e8%aa%bf%e7%9a%84%e5%8a%a0%e6%8b%bf%e5%a4%a7%e9%bb%83%e9%87%91%e8%82%a1%e4%b8%8d%e8%83%bd","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/04\/%e5%a4%ae%e8%a1%8c%e9%83%bd%e5%9c%a8%e6%90%b6%e9%bb%83%e9%87%91%e4%ba%86%ef%bc%8c%e9%80%99%e4%ba%9b%e5%9b%9e%e8%aa%bf%e7%9a%84%e5%8a%a0%e6%8b%bf%e5%a4%a7%e9%bb%83%e9%87%91%e8%82%a1%e4%b8%8d%e8%83%bd\/","title":{"rendered":"\u592e\u884c\u90fd\u5728\u6436\u9ec3\u91d1\u4e86\uff0c\u9019\u4e9b\u56de\u8abf\u7684\u52a0\u62ff\u5927\u9ec3\u91d1\u80a1\u4e0d\u80fd\u6284\u5e95\uff1f"},"content":{"rendered":"<p>\u8fd1\u671f\u7684\u570b\u969b\u91d1\u50f9\u8d70\u52e2\u8b93\u4e0d\u5c11\u6295\u8cc7\u8005\u9677\u5165\u8ff7\u832b\u2014\u2014\u525b\u525b\u885d\u7834\u6bcf\u76ce\u53f85300\u7f8e\u5143\u6b77\u53f2\u9ad8\u9ede\uff0c\u8f49\u982d\u4fbf\u56e0\u4e2d\u6771\u5c40\u52e2\u6ce2\u52d5\u51fa\u73fe\u4e00\u8f2a\u6025\u8dcc\u3002\u52a0\u62ff\u5927\u5e02\u5834\u5e7e\u96bb\u660e\u661f\u9ec3\u91d1\u80a1\u96a8\u4e4b\u96c6\u9ad4\u56de\u8abf\uff0c<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=ABX%3ACA\">Barrick Gold\uff08ABX\uff09<\/a>\u3001<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=K%3ACA\">Kinross Gold\uff08K\uff09<\/a>\u3001<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=LUG%3ACA\">Lundin Gold\uff08LUG\uff09<\/a>\u5728\u4e09\u6708\u9593\u8dcc\u5e45\u5747\u8d85\u904e20%\u3002<\/p>\n<p>\u5e02\u5834\u6050\u614c\u4e4b\u969b\uff0c\u4e00\u500b\u66f4\u5b8f\u5927\u7684\u80cc\u666f\u537b\u88ab\u8a31\u591a\u4eba\u5ffd\u7565\u4e86\uff1a\u5168\u7403\u592e\u884c\u6b63\u5728\u4ee5\u6578\u5341\u5e74\u672a\u898b\u7684\u529b\u5ea6\u72c2\u6383\u9ec3\u91d1\u3002\u00a0\u7576\u5404\u570b\u8ca8\u5e63\u7576\u5c40\u90fd\u5728\u7528\u8173\u6295\u7968\u589e\u6301\u9ec3\u91d1\u5132\u5099\uff0c\u6563\u6236\u5728\u56de\u8abf\u4e2d\u4ea4\u51fa\u7c4c\u78bc\uff0c\u6050\u6015\u4e26\u975e\u660e\u667a\u4e4b\u8209\u3002<\/p>\n<h2>\u592e\u884c\u6436\u7c4c\u7684\u908f\u8f2f\uff1a\u4fe1\u7528\u8ca8\u5e63\u7684\u88c2\u75d5\u8207\u9ec3\u91d1\u7684\u56de\u6b78<\/h2>\n<p>\u91d1\u50f9\u9019\u4e00\u8f2a\u53f2\u8a69\u7d1a\u884c\u60c5\u4e26\u975e\u6191\u7a7a\u800c\u4f86\u3002\u904e\u53bb\u4e94\u5e74\uff0c\u91d1\u50f9\u5f9e\u6bcf\u76ce\u53f81600\u7f8e\u5143\u51fa\u982d\u4e00\u8def\u6500\u5347\u81f3\u7a81\u78344785\u7f8e\u5143\uff0c\u6f32\u5e45\u9ad8\u9054173%\u3002\u63a8\u52d5\u9019\u6ce2\u6f32\u52e2\u7684\u6838\u5fc3\u8cb7\u5bb6\uff0c\u6b63\u662f\u5404\u570b\u592e\u884c\u3002\u64da\u8def\u900f\u793e\u5831\u9053\uff0c\u4e2d\u570b\u592e\u884c\u66fe\u9023\u7e8c17\u500b\u6708\u589e\u6301\u9ec3\u91d1\uff0c\u6ce2\u862d\u3001\u54c8\u85a9\u514b\u65af\u5766\u7b49\u570b\u540c\u6b65\u8ddf\u9032\u3002\u8868\u9762\u770b\u662f\u907f\u96aa\u60c5\u7dd2\u9a45\u52d5\uff0c\u6df1\u5c64\u908f\u8f2f\u5247\u6307\u5411\u5168\u7403\u4fe1\u7528\u8ca8\u5e63\u9ad4\u7cfb\u7684\u88c2\u75d5\u3002<\/p>\n<p>\u4eca\u5e745\u6708\uff0c\u7a46\u8fea\u4e0b\u8abf\u7f8e\u570b\u9577\u671f\u4fe1\u7528\u8a55\u7d1a\uff0c\u7406\u7531\u76f4\u6307\u4e0d\u53ef\u6301\u7e8c\u7684\u8ca1\u653f\u8d64\u5b57\u548c\u8d85\u904e36\u842c\u5104\u7f8e\u5143\u7684\u50b5\u52d9\u5927\u5c71\u3002\u7576\u6240\u8b02\u201c\u7121\u98a8\u96aa\u8cc7\u7522\u201d\u7684\u7f8e\u570b\u570b\u50b5\u958b\u59cb\u986f\u9732\u4fe1\u7528\u7455\u75b5\uff0c\u9ec3\u91d1\u4f5c\u70ba\u7121\u5c0d\u624b\u65b9\u98a8\u96aa\u3001\u7121\u6cd5\u88ab\u4eba\u70ba\u8d85\u767c\u7684\u7d42\u6975\u8ca8\u5e63\uff0c\u5176\u50f9\u503c\u56de\u6b78\u4fbf\u52e2\u4e0d\u53ef\u64cb\u3002\u4e00\u500b\u6a19\u8a8c\u6027\u7684\u8f49\u6298\u5df2\u7d93\u51fa\u73fe\uff1a\u5168\u7403\u592e\u884c\u6301\u6709\u7684\u9ec3\u91d1\u5132\u5099\u7e3d\u50f9\u503c\uff0c\u6b77\u53f2\u4e0a\u9996\u6b21\u8d85\u8d8a\u5176\u6301\u6709\u7684\u7f8e\u570b\u570b\u50b5\u7e3d\u984d\u3002\u00a0\u592e\u884c\u5011\u6b63\u5728\u7528\u5be6\u969b\u884c\u52d5\u91cd\u69cb\u5132\u5099\u8cc7\u7522\u7248\u5716\u2014\u2014\u4f60\u624b\u88e1\u7684\u7f8e\u5143\u8cc7\u7522\u6216\u8a31\u6703\u8cb6\u503c\uff0c\u4f46\u5730\u4e0b\u6316\u51fa\u4f86\u7684\u9ec3\u91d1\u4e0d\u6703\u6191\u7a7a\u6d88\u5931\u3002<\/p>\n<h2>\u4e09\u96bb\u52a0\u62ff\u5927\u9ec3\u91d1\u80a1\uff0c\u8ab0\u56de\u8abf\u51fa\u4e86\u201c\u9ec3\u91d1\u5751\u201d\uff1f<\/h2>\n<p>\u592e\u884c\u6436\u9ec3\u91d1\uff0c\u6563\u6236\u8ddf\u8457\u8cb7\u91d1\u689d\u56fa\u7136\u7a69\u59a5\uff0c\u4f46\u5f9e\u8cc7\u672c\u56de\u5831\u7387\u89d2\u5ea6\u770b\uff0c\u9ec3\u91d1\u7926\u696d\u80a1\u7684\u5f48\u6027\u5f80\u5f80\u9060\u8d85\u91d1\u50f9\u672c\u8eab\u3002\u00a0\u904e\u53bb\u4e00\u6bb5\u6642\u9593\uff0c\u52a0\u62ff\u5927\u982d\u90e8\u9ec3\u91d1\u80a1\u7684\u6f32\u5e45\u751a\u81f3\u8dd1\u8d0f\u4e86\u591a\u6578\u9ad8\u589e\u9577\u79d1\u6280\u80a1\u3002\u5982\u4eca\u80a1\u50f9\u96c6\u9ad4\u6253\u6298\uff0c\u6b63\u662f\u5be9\u8996\u57fa\u672c\u9762\u7684\u597d\u6642\u6a5f\u3002<\/p>\n<p>\u4e09\u5bb6\u6700\u5177\u4ee3\u8868\u6027\u7684\u52a0\u62ff\u5927\u9ec3\u91d1\u7926\u5546\u2014\u2014Barrick Gold\u3001Kinross Gold\u548c Lundin Gold \u2014\u2014\u5728\u4e09\u6708\u56de\u8abf\u4e2d\u5747\u51fa\u73fe\u4e86\u8d8520%\u7684\u8dcc\u5e45\u3002\u4f46\u6284\u5e95\u4e0d\u80fd\u201c\u4e00\u8996\u540c\u4ec1\u201d\uff0c\u95dc\u9375\u5728\u65bc\u5b8c\u5168\u7dad\u6301\u6210\u672c\uff08AISC\uff09\u8207\u80a1\u50f9\u5f48\u6027\u7684\u5c0d\u6bd4\u3002<\/p>\n<table>\n<thead>\n<tr>\n<td>\u9ec3\u91d1\u80a1<\/td>\n<td>2025\u5e74\u7522\u91cf\u9810\u4f30 (\u76ce\u53f8)<\/td>\n<td>\u6de8\u73fe\u91d1\u72c0\u6cc1<\/td>\n<td>\u5b8c\u5168\u7dad\u6301\u6210\u672c AISC\/\u76ce\u53f8<\/td>\n<td>2026\u5e74 AISC \u9810\u4f30<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Barrick Gold<\/td>\n<td>326\u842c<\/td>\n<td>20\u5104\u7f8e\u5143<\/td>\n<td>$1,637<\/td>\n<td>$1,855<\/td>\n<\/tr>\n<tr>\n<td>Kinross Gold<\/td>\n<td>200\u842c<\/td>\n<td>10\u5104\u7f8e\u5143<\/td>\n<td>$1,571<\/td>\n<td>$1,730<\/td>\n<\/tr>\n<tr>\n<td>Lundin Gold<\/td>\n<td>49.8\u842c<\/td>\n<td>6.3\u5104\u7f8e\u5143<\/td>\n<td>$1,015<\/td>\n<td>$1,140<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li>Lundin Gold\uff1a\u6210\u672c\u6bba\u624b\uff0c\u5f48\u6027\u6700\u5927\u3002\u00a0AISC\u50c5\u70ba1015\u7f8e\u5143\/\u76ce\u53f8\uff0c\u610f\u5473\u8457\u91d1\u50f9\u5373\u4fbf\u5927\u5e45\u56de\u843d\uff0c\u5176\u5229\u6f64\u7a7a\u9593\u4f9d\u7136\u539a\u5be6\u3002\u4f46\u9ad4\u91cf\u8f03\u5c0f\u3001\u7522\u91cf\u4e0d\u523050\u842c\u76ce\u53f8\uff0c\u80a1\u50f9\u6ce2\u52d5\u6027\u4e5f\u6700\u9ad8\u2014\u2014\u4e09\u6708\u56de\u8abf\u5e45\u5ea6\u70ba24.5%\uff0c\u4f46\u904e\u53bb12\u500b\u6708\u53cd\u5f48\u4e86124.6%\u3002\u9069\u5408\u80fd\u627f\u53d7\u6ce2\u52d5\u7684\u9032\u653b\u578b\u8cc7\u91d1\u3002<\/li>\n<li>Barrick Gold\uff1a\u822a\u6bcd\u7d1a\u9078\u624b\uff0c\u7a69\u5b57\u7576\u982d\u3002\u00a0\u7522\u91cf\u8d85320\u842c\u76ce\u53f8\uff0c\u8cec\u4e0a\u8db4\u845720\u5104\u7f8e\u5143\u6de8\u73fe\u91d1\uff0c\u662f\u52a0\u62ff\u5927\u9ec3\u91d1\u677f\u584a\u7684\u5b9a\u6d77\u795e\u91dd\u3002\u4f46\u5176AISC\u9ad8\u90541637\u7f8e\u5143\uff0c\u6210\u672c\u504f\u9ad8\u5c0e\u81f4\u80a1\u50f9\u5728\u91d1\u50f9\u4e0a\u884c\u521d\u671f\u7684\u7206\u767c\u529b\u5f80\u5f80\u7a0d\u905c\u4e00\u7c4c\u3002\u904e\u53bb12\u500b\u6708\u6f32\u5e45112%\uff0c\u9069\u5408\u7a69\u5065\u914d\u7f6e\u3002<\/li>\n<li>Kinross Gold\uff1a\u5e73\u8861\u4e4b\u738b\uff0c\u653b\u5b88\u517c\u5099\u3002\u00a0\u9019\u662f\u7576\u524d\u56de\u8abf\u4e2d\u6700\u503c\u5f97\u7559\u610f\u7684\u6a19\u7684\u3002AISC\u50c51571\u7f8e\u5143\uff0c\u660e\u986f\u512a\u65bcBarrick\uff1b\u7522\u91cf200\u842c\u76ce\u53f8\uff0c\u9ad4\u91cf\u53c8\u9060\u975eLundin\u53ef\u6bd4\u3002\u9019\u7a2e\u9069\u4e2d\u7684\u6210\u672c\u63a7\u5236+\u53ef\u89c0\u7684\u7522\u80fd\u898f\u6a21\uff0c\u8b93\u5b83\u65e2\u80fd\u5728\u91d1\u50f9\u4e0b\u8dcc\u6642\u625b\u4f4f\u58d3\u529b\uff0c\u53c8\u80fd\u5728\u53cd\u5f48\u4e2d\u6c96\u5728\u6700\u524d\u3002\u4e8b\u5be6\u4e5f\u5370\u8b49\u4e86\u9019\u4e00\u9ede\u2014\u2014\u4e09\u6708\u56de\u8abf\u6700\u6df1\uff08\u8dcc27.8%\uff09\uff0c\u4f46\u904e\u53bb12\u500b\u6708\u6f32\u5e45\u537b\u9054\u5230131%\uff0c\u9818\u8dd1\u4e09\u8005\u3002<\/li>\n<\/ul>\n<h2>\u7d50\u8a9e\uff1a\u592e\u884c\u5728\u8cb7\uff0c\u4f60\u5728\u6015\u4ec0\u9ebc\uff1f<\/h2>\n<p>\u5206\u6790\u5e2b\u6307\u51fa\uff0c\u7576\u5e02\u5834\u5145\u6eff\u566a\u97f3\u3001\u6295\u8cc7\u8005\u53ad\u5026\u731c\u6e2c\u54ea\u53ea\u80a1\u7968\u80fd\u8dd1\u8d0f\u5927\u76e4\u6642\uff0c\u56de\u6b78\u4f9b\u9700\u57fa\u672c\u9762\u662f\u6700\u6a38\u7d20\u4e5f\u6700\u53ef\u9760\u7684\u65b9\u6cd5\u3002\u7576\u524d\u91d1\u50f9\u7684\u77ed\u671f\u56de\u8abf\u66f4\u591a\u662f\u5730\u7de3\u60c5\u7dd2\u64fe\u52d5\uff0c\u800c\u975e\u9577\u671f\u8da8\u52e2\u9006\u8f49\u3002\u53ea\u8981\u5168\u7403\u592e\u884c\u589e\u6301\u9ec3\u91d1\u3001\u4fe1\u7528\u8ca8\u5e63\u9ad4\u7cfb\u91cd\u69cb\u7684\u5e95\u5c64\u908f\u8f2f\u4e0d\u8b8a\uff0c\u9ec3\u91d1\u80a1\u6bcf\u4e00\u6b21\u975e\u7406\u6027\u4e0b\u8dcc\uff0c\u90fd\u53ef\u80fd\u662f\u4e00\u6b21\u6253\u6298\u8cb7\u5165\u786c\u8cc7\u7522\u7684\u6a5f\u6703\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u8fd1\u671f\u7684\u570b\u969b\u91d1\u50f9\u8d70\u52e2\u8b93\u4e0d\u5c11\u6295\u8cc7\u8005\u9677\u5165\u8ff7\u832b\u2014\u2014\u525b\u525b\u885d\u7834\u6bcf\u76ce\u53f85300\u7f8e\u5143\u6b77\u53f2\u9ad8\u9ede\uff0c\u8f49\u982d\u4fbf\u56e0\u4e2d\u6771\u5c40\u52e2\u6ce2\u52d5\u51fa\u73fe\u4e00\u8f2a\u6025\u8dcc [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":553237,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431,2197],"tags":[2147,670,2233,561],"class_list":["post-631208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","category-2197","tag--zh-hant","tag-670","tag-2233","tag-561","sectors-gold-zh-hant","locations-canada-zh-hant","exchange-tsx-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/631208","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=631208"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/631208\/revisions"}],"predecessor-version":[{"id":631211,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/631208\/revisions\/631211"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/553237"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=631208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=631208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=631208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}