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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 Aug 14, 2014 6:50pm
149 Views
Post# 22844153

RE:RE:RE:RE:RE:CGG sp 2016/with$19,000 THOUSAND GOLD LESS THAN TWO YRS!

RE:RE:RE:RE:RE:CGG sp 2016/with$19,000 THOUSAND GOLD LESS THAN TWO YRS!
(TSX: CGG) has signed a strategic cooperation agreement with the Nonferrous Metals Society of China (NMSC) in Beijing to collaborate on development of multi-metal separation technology, as well as academic and personnel exchange. The parties will focus on improving the methods of separation and recovery rate of the various metals contained in the Jiama Project in Tibet, which contains copper, molybdenum, gold, silver, lead and zinc. Special technical staff from the Jiama Project will work closely with processing specialists from NMSC to test separation technology of the Jiama Project in order to further optimize the metal recovery rate of the Jiama Project. /Producing at full capacity Expansion to ... $23.5 Bn LOM (Life of Mine) Revenue Expectations $1.3 Bn Net Present Value (9%)/
  • The 2014 gold production for the Company is expected to be approximately 208,000 ounces./The 2014 copper production for the Company was previously expected to be about 50 million pounds. As announced in the previous news release on February 27, 2014/f 2014 and gold production is expected to reach about 260,000 ounces per annum/By 2016, copper production is expected to reach 176,000,000 pounds.

    2013 Annual Results Investor and Media Presentation

    Special technical staff from Jiama are working closely with processing specialists from NMSCto test separationtechnologyoftheproject in order to furtheroptimizethemetal r ecovery rate.151?????????? ... to continuing r esults to improvethe value of the projects.
    scribd.comJiama copper mine, ... Jiama also has 5 millionoz goldand 250millionozof low grade silver . If recovery ... Ramping up to 175 million lbs in 2015.n the first half of 2014 the Company had reported
    that its ongoing initiatives to increase production
    , productivity and
    efficiency at the Jiama Mine were expected to enabl
    e it to meet its previously mentioned 2014 producti
    on guidance of
    approximately 50 million pounds of copper. The Comp
    any revises its 2014 expected copper production gui
    dance to 28.6
    million pounds,Consolidated revenues of US$48.5 million for the second quarter of 2014 /
    OUTLOOK
    On May 15, 2014, the Company reported expected 2014
    annual gold production guidance to be 208,000 ounc
    es. The
    Company revises this 2014 annual gold production gu
    idance to 165,000 ounces. This is an 11% increase f
    rom the 2013
    actual gold output of 148,326 ounces of gold./
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