China Gold International Resources Corp. Profile
China Gold International Resources Corp. Ltd. and its subsidiaries operate as a gold and base metal mining company.
The company’s main business involves the operation, acquisition, development, and exploration of gold and base metal mineral properties.
Mineral Properties
The company’s principal mining operations are the Chang Shan Hao Gold Mine (‘CSH Gold Mine’ or ‘CSH Mine’ or ‘CSH’), located in Inner Mongolia Autonomous Region, China; and the Jiama Copper-Gold Polymetallic Mine (‘Jiama Mine’ or ‘Jiama’), located in Tibet Autonomous Region, China.
The company holds a 96.5% interest in the CSH Gold Mine, while its Chinese joint venture (CJV) partner holds the remaining 3.5% interest. Jiama hosts a large scale copper-gold polymetallic deposit consisting of copper, gold, molybdenum, silver, lead and zinc.
The CSH Mine
The CSH Mine is located in Inner Mongolia Autonomous Region of China. The property hosts two low-grade, near surface gold deposits, along with other mineralized prospects. The main deposit is called the Northeast Zone, while the second, smaller deposit is called the Southwest Zone. The CSH Mine has two open-pit mining operations with a combined mining and processing capacity of 60,000 tpd.
The Jiama Mine
Jiama is a large copper-gold polymetallic deposit containing copper, gold, silver, molybdenum, lead, zinc and other metals located in the Gandise metallogenic belt in Tibet Autonomous Region of China. The Jiama Mine has both underground mining and open-pit mining operations. The combined mining and processing capacity at the Jiama Mine is 50,000 tpd.
Research and Development
The company’s research and development expenses were US$18.5 million for the year ended December 31, 2020.
History
China Gold International Resources Corp. Ltd., formerly known as Jinshan Gold Mines Inc., was incorporated in British Columbia in 2000 with limited liability under the legislation of the province of British Columbia.
