Vinacomin - Mining Geology Joint Stock Co
UUPCOM:MGC10,300.00
VND
-500.00
(-4.63%)
ISIN
VN000000MGC2
Return %
Stock
S&P 500
1Y
-31.79
14.20
3Y
134.09
81.12
5Y
-5.50
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Energy minerals
- Industry
- Coal
- Address
- Cam Pha Vietnam
- IPO Date
- Jun 9, 2016
- Similar Companies
- Business
- Vinacomin - Mining Geology Joint Stock Co is a Vietnam-based geological exploration and mining technical services enterprise operating primarily as a specialized subsidiary of the state-owned Vietnam National Coal - Mineral Industries Holding Corporation Limited (Vinacomin / TKV). Founded in 1958 and headquartered in Cam Pha City, Quang Ninh Province, Vietnam, the company specializes in comprehensive geological surveying, deep exploratory drilling, geotechnical engineering, topographical mapping, and mineral analysis services primarily serving the coal mining, mineral extraction, and heavy industrial construction sectors across Vietnam. The company operates through several core business segments and provides an extensive portfolio of technical services and manufactured equipment: geological and mineral exploration services, which encompass deep diamond core drilling for mineral prospecting, stratigraphic logging, core sample recovery, and reserve estimation for coal, bauxite, titanium, iron ore, and non-metallic mineral deposits; hydrogeological and engineering geological services, which include groundwater exploration drilling, water table monitoring, hydrological modeling, mine dewatering borehole construction, geotechnical site investigations, and foundation soil testing for industrial, mining, and civil infrastructure; topographical surveying and geodesy, which involve the establishment of geodetic control networks, high-precision topographical mapping at scales from 1:500 to 1:50,000, 3D laser scanning, underground mine alignment surveys, and concession boundary demarcation; laboratory testing and sample analysis, comprising chemical assaying, petrographic analysis, mineralogical testing, and physical property determination of coal and rock samples; industrial manufacturing and equipment repair, which includes the fabrication, assembly, maintenance, and overhaul of geological drilling rigs, mechanical drilling tools, diamond core drill bits, drill pipes, pumping systems, and specialized spare parts for mining machinery; and mineral exploitation and material trading, involving the extraction, processing, and distribution of coal, industrial sand, and construction stone materials. The company primarily serves state-owned coal mining enterprises, mineral extraction corporations, and industrial infrastructure developers throughout Vietnam, focusing heavily on the Quang Ninh coal basin as well as exploration projects across northern and central Vietnam. In recent operational developments, Vinacomin - Mining Geology Joint Stock Co has executed strategic initiatives to modernize its exploration capabilities and support long-term national mineral resource planning. The company has invested in advanced, high-capacity hydraulic deep-drilling rig fleets capable of reaching depths exceeding 1,200 to 1,500 meters to support TKV's deep underground coal exploration campaigns across major mining areas including Cam Pha, Hon Gai, and Uong Bi. In addition, the company has advanced its digital transformation programs by integrating 3D geological modeling software, digital borehole log repositories, and computer-aided reserve estimation tools to improve exploration precision and workflow efficiency. Operationally, the company has reorganized its technical drilling divisions and streamlined project management structures to enhance productivity, optimize equipment utilization, and reinforce environmental monitoring and occupational safety standards across all field drilling sites.