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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 Jun 11, 2014 6:24pm
116 Views
Post# 22651259

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CGG/SP$10 WITH CGG BUY/BACK
China's continuing urbanisation means that it now has 170 cities with more than one million inhabitants - within these cities, the middle classes currently number 300million and are set to grow to 500million by 2020/By 2020, global copper consumption is expected to rise by more than 40 percent to 27 million tons. Fueling the run-up in prices has been rapid growth in developing nations, China in particular./...that Chinese gold demand will increase between 17 and 25 percent - or 1,350 metric tons - by 2017./India's gold demand will continue to climb and by 2020 it might reach 1200 tons, Analysts said.
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