Company Overview
China Gold International Resources Corp. Ltd. (TSX:CGG – HKEx:2099) is a Canadian based, profitable and growing gold and copper producer. The company operates two producing mines in China: the CSH Gold Mine in Inner Mongolia Region, and the Jiama Copper-Polymetallic Mine in Tibet Region. CGG is the flagship and the only overseas listing vehicle of China National Gold Group Co., Ltd. (formerly known as China National Gold Group Corporation)? which holds a 40.01% interest in the company.
| Combined Gold Reserve / Resource | |
|---|---|
| CSH and Jiama Gold | Contained Gold (M oz) |
| Proven / Probable Reserve | 2.754 |
| Measured / Indicated Resource(1) | 6.429 |
| Copper Reserve / Resource | |
|---|---|
| Jiama's Copper | Contained Copper (Thousand Tonnes) |
| Proven / Probable Reserve | 2237.8 |
| Measured / Indicated Resource (1) | 5663.5 |
(1) Inclusive of Mineral Reserves
(2) As of December 31, 2021 under NI 43-101
Steady Increase of Production
CSH&JIAMA COMBINED GOLD PRODUCTION (Koz)
JIAMA COPPER PRODUCTION
(MM lbs)
Highlights
- SOLID STRATEGIC INVESTOR BACKING-Strong support from controlling shareholder: China National Gold Group Co., Ltd.
- SUSTAINABLE GROWTH-11th year of increasing production
- Huge exploration potential providing significant resources and reserve upside
- INVESTMENT GRADE CREDIT RATING-August 2017: S&P reaffirmed the company’s BBB- long-term corporate credit rating
- ABILITY TO RAISE SIZABLE FINANCING AT LOW COST-2015-2017: Combined issued over US$1.1 billion bond
- BROAD INVESTOR REACH IN NORTH AMERICA AND ASIA-Dual listed in TSX and HKEX, eligible trading under the Shenzhen-Hong Kong Stock Connect
- HIGH STANDARD OF Corporate social responsibility (CSR) AND Health, Safety & Environment (HSE)
Support from Major Shareholder
CGG leverages the technology, engineering, operating, government relationships, financing capabilities and international project pipeline of China National Gold Group Co., Ltd.
Major Shareholders
As of March 22, 2022
ANNUAL FINANCIAL PERFORMANCE
YEAR ENDED DECEMBER 31, 2021
The CSH Gold Mine
One of the Largest Open Pit Gold Mines located in Inner Mongolia, China
- A conventional open-pit, heap-leach, gold-mining operation
- A large, bulk-tonnage, low-grade gold deposit
- Principle product: Gold dore bars with silver by-product
- Well-established basic infrastructure with excellent access to road and sufficient supplies of power, water and local labor force
- Processing capacity: 40,000 tpd
- Gold output(2021): 148,082 oz
Click here for more about The CSH Gold Mine
The Jiama Copper-Gold Polymetallic Mine
One of the Largest Cu-Mo-Au-Ag-Pb-Zn Mining Operations located in Tibet, China
- With open-pit and underground mining operations
- A large, skarn-type mineralization dominated porphyry copper polymetallic deposit with well-developed hornfels-type mineralization located in the Gangdise Copper Metallogeny Belt
- Principle product: Copper with gold and silver by-product credits
- Infill drilling program completed in 2012 to upgrade resources confidence level and to optimize mine design and reserves
- Expected life of mine: 35 years
- Commercial production began in September 2010
- Mineral processing capacity: 50,000 tpd
- Copper production(2021): 190,479,023 pounds
