China Gold International Resources Ord Shs T.CGG

Alternate Symbol(s): JINFF

Metals & Mining Gold

China Gold International Resources Corp. Ltd. is a Canada-based gold and base metal mining company. The Company is principally engaged in the acquisition, exploration, development and mining of mineral resources in the People's Republic of China. It operates two mines, the CSH Gold Mine in Inner Mongolia, China, and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The CSH Gold Mine project is in Inner Mongolia of China, approximately 210 kilometers (km) northwest of the city of Baotou, which is engaged in producing gold dore bars with silver as a by-product. The Jiama project is one of the copper-gold polymetallic mines in China. The Jiama project is located within the Gangdise Copper Metallogeny Belt in Central Tibet, China and is approximately 60 km east of Lhasa City along the Sichuan-Tibet highway. The Jiama project is a polymetallic deposit consisting of copper, molybdenum, gold, silver, lead and zinc.

TSX:CGG - Post by User

China Gold International Resources Ord Shs > China + Gold = no brainer

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Comment by doscoon Nov 24, 2020 2:49am

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Post# 31958625

RE:China + Gold = no brainer

it is even better, as copper versus gold revenue is at about 1:1 (verrry rough).
as copper is now 3.3 and gold 1820 CGG earns more currently despite GOLD a little. copper blank out the decrease.

120 mio gold versus 120 mio gold (just at about):

Total gold production increased by 6% to 66,799 ounces from 63,113 ounces for the same period in 2019.
Total copper production increased by 20% to 48.6 million pounds (approximately 22,029 tonnes) from 40.4 million pounds (approximately 18,347 tonnes) for the same period in 2019.

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