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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 Sep 06, 2014 7:30pm
115 Views
Post# 22913080

RE:RE:RE:CFTCreportedlydiscussing manipulation of London goldsilver

RE:RE:RE:CFTCreportedlydiscussing manipulation of London goldsilver Massive Gold Deposit Found In Xinjiang Province China In ​China’s Xinjiang Uygur Autonomous Region, the largest province in China, there has been a massive gold deposit discovered, according to Xinhua News. At least 127 tonnes has been found in resource rich Xinjiang, said the regional bureau of geology and mineral exploration and development.​ The deposit is located in Ulugqat near Kyrgyzstan in west Xinjiang​. Cui Hongbin, head of exploration team, expects total reserves may even exceed 200 tonnes. I want to see a merger here in 2014 and it would help with ay oil and Gas found at the jiama mine and the Jiama Copper-Polymetallic Mine in Tibet Region. CGG is the flagship and the only overseas listing vehicle of the largest gold producer in ChinaAnnual Combined Gold Production: (to grow to ~260,000 oz. by 2015) Annual Copper Production: 28,323,626 lbs. (to grow to ~178,000,000 lbs. by 2016) d a Mundoro merger needs to be done in 2014!As part of the Strategic Transaction, Mundoro and CNGHK will enter into a Shareholders Agreement governing their ownership of MMI. CNGHK will have operating control of MMI and its board with the goal of advancing the development of the Maoling Gold Project. Upon attaining a mining permit for Maoling, CNGHK can effect a control sale of its position in MMI to a public entity controlled by CNG or any other Purchaser for Fair Market Value, and under these circumstances, Mundoro would have a tag along obligation to sell its 5% in MMI on the same terms and conditions. If the control sale does not meet these conditions, Mundoro does not have a tag along obligation. Both Mundoro and CNGHK have a mutual right of first refusal to purchase the shares in MMI held by the other party if either party desires to transfer the shares it owns to a third party that does not meet control sale conditions.
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