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'''Shandong Gold Group''' is a state owned entity [[People's Republic of China|Chinese]] gold mining company affiliated with the provincial government of [[Shandong]]. Established in 1975, Shandong Gold Group has been one of the top 500 China corporations, ranked at 198 out of 500 in 2016. Directly supervised by Stated-owned Assets Supervision and Administration Commission of Shandong Provincial Government.
'''Shandong Gold Group''' is a state owned entity [[People's Republic of China|Chinese]] gold mining company affiliated with the provincial government of [[Shandong]]. Established in 1975, Shandong Gold Group has been one of the top 500 China corporations, ranked at 198 out of 500 in 2016. Directly supervised by Stated-owned Assets Supervision and Administration Commission of Shandong Provincial Government.


==Corporate affairs==
Shandong Gold Group is the parent company of Shandong Gold Mining, which ranked 1,613th in 2013 [[Forbes Global 2000]], the list of the world biggest publicly traded companies.<ref>{{cite web|title=Global 2000 Leading Companies|url=https://www.forbes.com/companies/shandong-gold-mining/|publisher=Forbes}}</ref>
Shandong Gold Group is the parent company of Shandong Gold Mining, which ranked 1,613th in 2013 [[Forbes Global 2000]], the list of the world biggest publicly traded companies.<ref>{{cite web|title=Global 2000 Leading Companies|url=https://www.forbes.com/companies/shandong-gold-mining/|publisher=Forbes}}</ref>


The company has several non-gold related businesses including nonferrous metal, tourism and real estate. It has financial services subsidiaries in both China and Hong Kong (SD Gold Financial Holdings Group and SDG Asset Management (HK) Limited).
In April 2017 Shandong Gold purchased a 50% interest in [[Barrick Gold]]'s Veladero mine in [[Argentina]] for US$960 million and also formed a partnership to explore joint-development of the Pascua-Lama deposit.


==Operations==
SD Gold Group has several affiliated businesses in attempt to diversify its operation. Currently active involved in nonferrous metal (SD Gold Nonferrous Metal Grp), Travel/Tourism & Properties, as well as financial services in both China and Hong Kong (SD Gold Financial Holdings Grp / SDG Asset Management (HK) Limited).
In April 2017 Shandong Gold purchased a 50% interest in [[Barrick Gold]]'s Veladero mine in [[Argentina]] for US$960 million and also formed a partnership to explore joint-development of the Pascua-Lama deposit.


==References==
==References==

Revision as of 08:30, 14 October 2018

Shandong Gold Group
Company typeState-Owned Enterprise
IndustryMining/Financial Services/Property Management
Headquarters,
Key people
Li Guohong(Chairman)
ProductsGold/Nonferrous Metal
Revenue7.46 billion USD (2016)
Number of employees
12,793 (2015)
Websitehttp://www.sd-gold.com/

Shandong Gold Group is a state owned entity Chinese gold mining company affiliated with the provincial government of Shandong. Established in 1975, Shandong Gold Group has been one of the top 500 China corporations, ranked at 198 out of 500 in 2016. Directly supervised by Stated-owned Assets Supervision and Administration Commission of Shandong Provincial Government.

Corporate affairs

Shandong Gold Group is the parent company of Shandong Gold Mining, which ranked 1,613th in 2013 Forbes Global 2000, the list of the world biggest publicly traded companies.[1]

The company has several non-gold related businesses including nonferrous metal, tourism and real estate. It has financial services subsidiaries in both China and Hong Kong (SD Gold Financial Holdings Group and SDG Asset Management (HK) Limited).

Operations

In April 2017 Shandong Gold purchased a 50% interest in Barrick Gold's Veladero mine in Argentina for US$960 million and also formed a partnership to explore joint-development of the Pascua-Lama deposit.

References

  1. ^ "Global 2000 Leading Companies". Forbes.