China Gold International Resources

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China Gold International Resources
Industry Mining
Headquarters Vancouver, Canada
Products Gold, copper, silver, molybdenum
Website http://www.chinagoldintl.com/

China Gold International Resources Corp. Ltd. (TSXCGG, SEHK2099) is a mining and exploration company and a subsidiary of China Gold, which holds a minority stake of 39.9% of its shares.

Corporate structure[edit]

China Gold International is the only overseas vehicle of China National Gold Group, which is a central level, state owned enterprise as well as the largest gold producer in China. This relationship allows the Company to leverage China National Gold’s engineering and operating knowledge, as well as their financing capabilities.

Operations[edit]

The aims of the company are to grow production both at its current mining operations in China and through an acquisition and development strategy targeting international projects.

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.

Legal issues[edit]

On March 29, 2013, 83 miners were buried in a landslide at the Gyama mine site in Tibet.[1][2] In 2014 Canada's national contact point for the OECD received a Request for Review regarding the mining activities of China Gold in the Gyama Valley.They made six recommendations regarding disclosure, employment and industrial relations, the environment, and human rights. [3]

References[edit]

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