Shandong Gold Group

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Shandong Gold Group
State-Owned Enterprise
Industry Mining/Financial Services/Property Management
Headquarters Jinan, Shandong, China
Key people
Li Guohong(Chairman)
Products Gold/Nonferrous Metal
Revenue 7.46 billion USD (2016)
Number of employees
12,793 (2015)

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.

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]

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.

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).


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