Gold Resource shares surge 12.95% after-hours as China unveils 5-10% gold resource expansion targets through 2027 industry transformation plan.
ByAinvest
Thursday, Feb 26, 2026 5:25 pm ET1min read
GORO--
Gold Resource surged 12.95% in after-hours trading following two key developments. First, Lunnon Metals increased its Lady Herial gold resource by 49% to 54,200 ounces, reinforcing confidence in gold sector fundamentals. Simultaneously, China’s Ministry of Industry and Information Technology unveiled an ambitious 2025–2027 plan targeting a 5–10% expansion in gold resources and over 5% growth in gold and silver output. The strategy emphasizes technological innovation, green mining, and digital transformation, positioning China to dominate global production. These developments collectively signaled heightened demand and industry growth, driving the after-hours rally in Gold Resource shares.
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