• CHINA - Drilling extends mineralization

    Underground diamond drilling in 2013 at Silvercorp Metals’ LM and LMW mines in Ying Mining District of Henan province has significantly extended existing high grade mineralization zones, both down dip and along strike, and delineated new mineralization zones in known major vein structures.

  • CHINA - New Majestic president and CEO

    Majestic Gold Corp announces the appointment of Stephen Kenwood as president and CEO. He is a registered member of the Association of Professional Engineers and Geoscientists of British Columbia and received a Bachelor of Science (Geology) degree from the University of British Columbia. Stephen Kenwood has experience in the area of advanced project development in British Columbia, at Snip gold project for Cominco and at Eskay Creek deposit for Prime Exploration. He also worked as a project geologist on the Petaquilla copper gold porphyry project in Panama and has worked on projects in Peru, Chile, and China.

  • China Gold plans major Jiama expansion

    CHINA Gold International Resources Co plans to increase the annual production rate at its Jiama Copper-Polymetallic Project in Tibet Autonomous Region by more than 900% as part of a phase II expansion. An independent feasibility study carried out for the expansion has provided positive results and the company expects the phase II plant capacity to come online in two stages in 2015 and 2016.

  • 中国黄金拟大力扩建甲玛项目

    作为西藏自治区甲玛铜多金属项目二期扩建的一部分,中国黄金国际资源有限公司计划将其年产能提升900%以上。此次扩建的独立可行性研究取得了十分积极的结果,公司预计二期选厂将于2015年和2016年分两阶段投产。

  • Eldorado to increase Jinfeng production

    ELDORADO Gold expects to increase production at the Jinfeng mine to between 145,000 and 155,000 ounces during 2014, an increase of around 20% on the 2013 production figure of 123,246 ounces. The 2013 cash cost at Jinfeng averaged US$736 per ounce and Eldorado expects 2014 costs of between $650 and $670.

  • 埃尔拉多拟提高锦丰产量

    埃尔拉多黄金公司预计在2014年将锦丰矿的产量提高至14.5-15.5万盎司,较2013年的12.3246万盎司增加约20%。锦丰2013年平均现金运营成本为736美元/盎司,埃尔拉多预计该成本2014年会降至650-670美元。

  • CHINA - Shouguan exploration agreement

    China Shouguan Mining Corporation has signed an exploration agreement with the China National Administration of Coal Geology (CNACG). The CNACG, established in 1953, is under direct control of the Central Government and has discovered more than 800 billion tonnes of coal resources, providing the energy backbone for China's booming industrial growth.

  • CHINA - CDH takes Eastern Dragon stake

    Leading Chinese private equity company, CDH Investments, will acquire a 20% interest in Eldorado Gold’s Eastern Dragon project in Heilongjiang province, northeast China, for cash consideration of US$40 million.

  • CHINA - New vanadium production facility

    Green Standard Vanadium Resources Corp’s 90%-owned subsidiary Xichuan Vanadium Resources Co, based in Henan province, has received approval from the Chinese government to construct a new vanadium production facility.

  • CHINA - Trafigura to acquire stake in new smelter

    Trafigura Pte Ltd, a market leader in the global commodities industry, together with Trafigura Investment (China) Co Ltd, last week signed an agreement to acquire a 30% equity stake in the Jinchuan Group’s newly established copper smelter in Fangchengang, Guangxi province.

  • CHINA - Magnesite producer seeks ASX listing

    HuaYi Resources Ltd is moving toward a listing on the Australian Securities Exchange (ASX) as it progresses a $2.5 million initial public offering (IPO). Funds raised will be used for drilling and testing to validate Chinese mineralization estimates of the company’s Jincheng Magnesite Project in Liaoning province of northeast China.

  • CHINA-AUSTRALIA - Landmark cooperation agreement

    The Australia-China Business Council (ACBC) has entered a landmark cooperation agreement with six major stakeholder groups from Western Australia’s northwest, aimed at extending the strategic relationship between China and the region.

  • CHINA - Potential Galaxy transaction

    Galaxy Resources is in ongoing negotiations regarding a potential transaction which would strengthen the company’s balance sheet. Quotations on the company’s shares on the ASX have been suspended pending the result of the negotiations with the company requesting the suspension to end at the commencement of trading on Monday, February 17.

  • CHINA - Majestic reviews Songjiagou operations

    Majestic Gold Corp is reviewing operations at its Songjiagou Gold Project in Shandong province in an effort to more fully realize the potential of the mine. The company expects the review process will be completed during the third quarter of 2014, with the implementation of any necessary changes to begin during the fourth quarter.

  • Drilling success for China Shouguan

    CHINA Shouguan Mining Corporation, a US-listed gold mining, exploration and advisory company with operations in Shandong province, is conducting extensive exploration on two major veins at the Cunli-Ji (CJ) project. Sixteen drill sites at Cunli-Ji were found to contain gold and the company will release a formal exploration report once complete.

  • China Magnesium acquiring Fugu operation

    CHINA Magnesium Corporation (CMC) has entered into an agreement to lease and operate a semi coke, magnesium and tar oil operation in Fugu County, Shaanxi province. The 20-year lease and cooperative operating agreement is with the current owner of the operations, Shaanxi San Xin Co Second Branch.

  • Chinese provide valuable support to Grange

    CHINESE investment has played a major role in the success of Grange Resources at its magnetite mining and processing operations in northwest Tasmania and will contribute a great deal to the larger Southdown project in Western Australia.

  • CHINA - China Gold International growth strategy

    China Gold International Resources (CGI) is continuing to use the technical and operating experience of its controlling shareholder China National Gold Group Corporation (CNG) to improve operations at its mines and increase production while minimizing costs.

  • CHINA - Eldorado performance on track

    Eldorado Gold Corporation says its Chinese gold mines are on schedule to maintain the company’s 2013 production guidance. Figures from the quarter ending March 31, include production of 163,768 ounces, up from 155,535 ounces in the corresponding 2012 quarter, and gold sales of 189,346 ounces, a 9% increase on the same period last year.  1

  • CHINA - Exploration program kicks off at RZY

    A 10,000 metre surface diamond drilling program to test the extent of the known mineralized zone at New Pacific Metals’ newly acquired RZY Silver, Lead and Zinc Project has commenced.  1

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