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China Gold International Resources Ord Shs T.CGG

Alternate Symbol(s):  JINFF

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.


TSX:CGG - Post by User

Comment by alx5on May 28, 2014 6:03pm
94 Views
Post# 22607498

RE:CGG/SP$10 WITH CGG BUY/BACK

RE:CGG/SP$10 WITH CGG BUY/BACK
THE MORE SHARES CNG HOLDS IT IS BETTER FOR SHARE HOLDERS HERE...China Gold International Resources Corp. Ltd. (TSX: CGG, SEHK: 2099) is a mining and exploration company based in Vancouver, B.C., Canada. The Company operates two producing mines, the CSH Gold Mine in Inner Mongolia, and the Jiama Copper-Polymetallic Mine in Tibet Autonomous Region of China. CGG’s stated corporate objective is to expand its resource base and grow production both at its current mining operations in China, and through an acquisition and development strategy targeting international projects.China and Russia will need to back their currencies with gold. Last year China held 30.2 per cent of the global gold and currency reserves. It is unclear how much of the Chinese reserves are being held in gold, since the country does not disclose such details.  https://article.wn.com/view/2014/01/24/Acquisition_Consideration_Spot_Rate_Set_at_A1ZAR95510_Gold_O/    CGG/TARGET $10
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