Industry News

According to the China Gold Association, China's top ten key gold-producing provinces (regions) are Shandong, Henan, Jiangxi, Inner Mongolia, Yunnan, Hunan, Gansu, Fujian, Hubei and Xinjiang, with these ten provinces (regions) accounting for 82.94% of total gold production. In terms of mining volume and production, the top ten gold mines in China are as follows

1, Zijinshan Gold and Copper Mine Zijinshan Gold and Copper Mine is located 14.6 km north of Shanghang County, and is the core enterprise and main profit centre of Zijin Mining Group Company Limited, a Global 2000 company, with two production systems of gold and copper mines and nine production plants under its jurisdiction.

2、Jiaojia Gold Mine Shandong Gold Mining Co., Ltd Jiaojia Gold Mine is located in the territory of Yei County, Laizhou, which is on the shore of the city. It was discovered in the early 60's and named Jiaojia Gold Mine in 1977, and was built in 1975 and put into operation in 1980. It is a modern gold mine with gold as the main industry and multi-industry development. Over the past 30 years since its establishment, Jiaojia Gold Mine has sold a total of 33 tonnes of gold and achieved a profit and tax of RMB 600 million.

The Sanshandao Gold Mine is located on the shore of the beautiful Laizhou Bay. The Sanshandao Gold Mine is one of the key construction projects of China's gold industry during the Seventh Five-Year Plan period, and is one of the 100 non-ferrous metal mining enterprises in China. From 1989 to 2010, the mine has produced a total of 48.57 tonnes of gold, with the main products being gold ingots and silver ingots.

4、Guizhou rotten mud gou gold mine rotten mud gou gold mine is located in Shaping Township, Zhengfeng County, is a Sino-foreign joint venture currently invested in Qianxinan Prefecture, Zhengfeng rotten mud gou gold mine is the Bureau in 1978 discovered a very large gold mine, the mine reserves reached 110 tons of gold, prospective reserves of more than 130 tons, become China's very large gold mine, reserves account for 42% of the total gold ore in the ore-forming area of Qianxinan Prefecture. The mine has proven reserves in the gold gold mine in the first place, March 18, 2007 refining a furnace of gold, built a very large gold mine in Asia.

5, heqing bei nga gold mine yunnan province geological prospecting action and won a major breakthrough, as of the end of 2011, heqing county bei nga polymetallic ore has proven gold reserves 151.28 tons, ranking first in the province's gold reserves, silver resources of 3493 tons, copper resources 221,700 tons, iron resources 88,970,000 tons, lead and zinc resources of 1.54 million tons. The Bei Nga exploration area is a rare polymetallic-rich metallogenic area that is expected to become an important precious metal base for Yunnan and even China. The mine has added 35 tonnes of proven gold reserves this year and is expected to be among the world-class giant gold deposits. At the same time, a completed industrial chain has been formed with an annual output of 5 tonnes of finished gold, 17 tonnes of silver and 600,000 tonnes of iron-gold powder.

6. Inner Mongolia Changshan Trench Gold Mine The Changshan Trench Gold Mine is an open pit gold mine using the heap leaching process, located in Inner Mongolia, China, approximately 210 kilometres northwest of Baotou City. Since production began in 2008, production has increased year on year. Annual gold production was 33,671 ounces in 2008, 83,570 ounces in 2009 and 111,000 ounces in 2010. 2011 production reached 120,000 to 125,000 ounces. 2011 mine drilling has been completed and additional resources are being evaluated.

7、Xiadian Gold Mine Zhaogold Mining Co., Ltd. is located at 2.5km northwest of Xadian Town, Zhaoyuan City, located in the border area between Zhaoyuan City and Laixi City, Xadian Gold Mine was established in 1981 and put into production in 1984, with a designed production capacity of 100t/d. After several renovations and expansions, the mine is now divided into three mining areas, namely No. 1, No. 7 and North Heterosexual, and the production scale has reached 2000t/d. The production scale of Xadian Gold Mine is 56,000 tonnes per year, with a mining area of 4.6701 square kilometres. The identified resource reserves within the scope of the prospecting rights amount to 18,827,400 tonnes of gold ore and 633,323 kg of gold metal.

8、New Town Gold Mine Shandong Gold Mining Co., Ltd. is located on the shore of Bohai Bay in Jiaodong Peninsula. It is a large-scale second-grade gold mine in China with integrated production capacity of mining, beneficiation and smelting. The mine is a "Jiaojia-style" gold deposit with ore reserves of 888,5452 tonnes, with an average grade of 8.18 grams per tonne and a gold metal content of 71,066 kilograms, with concentrated ore bodies, stable grades, low underground water influx, shallow vein burial, easy to mine and easy to select. On 28 August 2003, the shares of "Shandong Gold", the main body of the mine, were successfully listed on the Shanghai Stock Exchange, giving the company more room for development.

9. Qinghai Dachaidan Gold Mine The Dachaidan Gold Mine Project of Qinghai Province consists of four exploration and mining rights in close proximity to each other, covering an area of 342 square kilometres. The mine was discovered by the Qinghai Provincial Geological Brigade in the 1990s and has a gold resource reserve of 22.7 tonnes reported. In 2006, as the main investor, Canada Elrado Gold Company, Qinghai Provincial Geological Brigade and Dachaidan Gold Mine jointly formed Dachaidan Mining Co. In May 2005, construction began on a production line of 800,000 tonnes of gold ore per annum and 100,000 ounces of gold. In recent years, the partners have increased the exploration of the Tandanshan gold mine, with a proven gold resource of 50 tonnes and a prospect of 100 tonnes to reach a very large scale.

10、Linglong Gold Mine Linglong Gold Mine (formerly known as Zhaoyuan Gold Mine), established on July 1, 1962, is known as the "Pearl of the Golden City", the Asian gold mine - Linglong Gold Mine is located in the hinterland of Luoshan, Zhaoyuan City, Shandong Province, and the stone of Luoshan is known as "pointed sand, flat bucket gold". The stone in Luoshan is known as the "sharp-headed sand and flat-dou gold". Linglong Gold Mine is located in a field that is rich in gold, with a cumulative prospective gold reserve of hundreds of tonnes. Since 1007, the fourth year of the Song Dynasty, around 200 tonnes of gold have been extracted. The deposit type is a quartz vein type gold deposit produced in a granite body. The combined production capacity of mining, processing and metallurgy has gradually developed from 600 tonnes per day in 1967 to more than 1,700 tonnes per day today; gold production has ranked first among Chinese mines for 23 consecutive years. Linglong Gold Mine is the single gold mine in China whose cumulative gold production exceeded the 2 million taels mark.