RE: "There's Gold in Them Thar Hills" in ChinaBUT, it might not take a lot of production to participate in the Hong Kong IPO market.
"Real Gold Mining Limited is an investment holding company engaged in the production and sale of gold concentrates. The Company specializes in the mining of gold and the processing of ore into concentrates containing gold and other minerals for subsequent sale. The Company owns a 97.14% shareholding in three operating gold mines in the Chifeng Municipality, Inner Mongolia, namely the Shirengou Gold Mine, the Nantaizi Gold Mine and the Luotuochang Gold Mine. During the year ended December 31, 2008, the Nantaizi Gold Mine processed 158,800 tons of ore. In 2008, Luotuochang Gold Mine processed 68,000 tons of ore.
The Company produced 47,000 ounces of payable gold and 66,600 ounces of equivalent gold in 2008. In January 2009, and February 2009, the amount of payable gold produced was 6,000 ounces and 5,200 ounces, respectively, and the amount of equivalent gold produced was 8,200 ounces and 7,000 ounces, respectively."
https://www.reuters.com/finance/stocks/companyProfile?symbol=0246.HK