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 (the PRC). 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 is located 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 a copper gold polymetallic mine in China. The Jiama project is located within the Gangdise Copper Metallogeny Belt in Central Tibet, China and is approximately 60 kilometers 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.

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China Gold International Resources Ord Shs

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Comment by wesmileon Jan 09, 2013 6:28am

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Post# 20813611

RE: RE: interesting news

Troubled talks with African Barrick

By Li Jiabao (Chinadaily.com.cn)

14:29, January 09, 2013

Talks between China National Gold Group Corporation and African Barrick Gold arenow in trouble owing to great divergences in taxation and historical issues, China's 21stCentury Business Herald citied Sun Zhaoxue, general manager of the Chinesecompany, as saying in a report on Tuesday.
Sun added that Barrick was still enthusiastic about the Chinese company andnegotiations had not stopped.

In August it was reported that China National Gold Group Corporation would acquirethe Tanzania-based African Barrick affiliated to Barrick Gold Corporation with anestimated value of $3.9 billion. The acquisition, if successful, would be China's biggestgold project abroad and would double China's gold reserves.