About CHINAGOLDINTL Company
China Gold International Resources Ltd. (TSX: CGG-HKEx: 2099) is a profitable and rapidly growing producer of gold and copper based in Canada. The company owns two active mines in China: the Changshanhou Gold Mine in Inner Mongolia and the Jiama Copper Polymetallic Mine in Tibet. China Gold Group Co., Ltd. (previously known as China Gold Group Corporation) owns 40.01% of the company's shares, and the company is its only overseas listing platform. Great investment advantage The only overseas flagship of China Gold Group Co., Ltd., the largest gold company in China. The controlling shareholder, China Gold Group Co., Ltd., is the only central enterprise whose main business is gold; It has two large-scale mines with stable production of gold and copper and gold. Among them, the Changshanhou Gold Mine is committed to developing resources beyond the deep boundary and is expected to continue to extend the service life of the mine; the second phase of the Jiama Mine has achieved stable production, and the cost level is in a leading position in the industry; The company achieved 125,000 ounces of gold and 46,000 tons of copper in the first half of 2021, and continued to grow. Strong support from major shareholders China Gold International can make full use of China Gold Group Co., Ltd.'s relationships in technology, engineering, operation and government, as well as its international financing channels and financing capabilities. Nagayama trench One of the largest open-pit gold mines in China - located in Inner Mongolia Large open-air, flooded mines Large mining tonnage, low-grade gold deposits Main products: Gold bars and by-products, silver Good basic infrastructure, excellent roads, adequate supply of water, electricity and local labor Ore treatment capacity: 60,000 tons/day Gold Production (2020): 149,572 oz Jiama copper polymetallic ore China's largest copper, molybdenum, gold, silver, lead and zinc mines — located in Tibet Open pit and underground mines It is located within the Tibet Autonomous Region of China, about 68 kilometers northeast of Lhasa Main product: Copper, Gold and Silver By-Products Drilling was completed in 2012 Expected length of service in the mine: 35 years Commercial production began in September 2010 Ore processing capacity: 50,000 tons/day.
Changes in Hong Kong stocks | Gold stocks collectively increased, and the gold mining industry (01818) rose more than 3%, and gold prices hit a new high in nearly 7 months
The Zhitong Finance App learned that gold stocks opened collectively higher. As of press release, Zhaojin Mining (01818) rose 3.27% to HK$10.12; China Gold International (02099) rose 2.99% to HK$32.75; Lingbao Gold (03330) rose 2.38% to HK$1.29; Zijin Mining (02899) rose 1.86% to HK$12.02; Shandong Gold (01787) rose 1.08% to HK$14.96. According to the news, on Tuesday, Fed Governors Waller and Bauman released dovish information. Two-year US Treasury yields fell by more than 15 bases in the intraday period
Changes in Hong Kong stocks | Gold stocks ranked first in decline, Shandong gold (01787) fell nearly 3% overnight, and the dollar turned higher to suppress gold prices
Gold stocks had the highest declines. As of press release, Shandong Gold (01787) fell 2.78% to HK$14.7; China Gold International (02099) fell 2.62% to HK$31.55; and Zijin Mining (02899) fell 2.3% to HK$11.99.
Changes in Hong Kong stocks | Lingbao Gold (03330) rose more than 3%, leading gold stocks, the Fed's interest rate hike came to an end, and gold ushered in a good layout opportunity
Gold stocks rose collectively. As of press release, Lingbao Gold (03330) rose 3.48% to HK$1.19; China Gold International (02099) rose 2.52% to HK$32.55; and Zijin Mining (02899) rose 2.02% to HK$12.12.
Gold reserves are $132.53 bln vs the previous $131.65 bln, which increased by 0.26 million ounces to 66.76 mln ounces. Increase for the sixth consecutive month.
$HKEX(00388.HK)$$HONG KONG EXCHANGE(HKXCY.US)$$USD/CNY(USDCNY.FX)$$USD/HKD(USDHKD.FX)$$HKD/USD(HKDUSD.FX)$$CHINAGOLDINTL(02099.HK)$$Golden Industrial Concept(BK1222.HK)$
Gold reserves are $111.65 bln vs the previous $102.67 bln, which increased to 63.67 million ounces from 62.64 mln ounces.
$GoldMoney Inc(XAU.CA)$$USD/CNH(USDCNH.FX)$$CNY/HKD(CNYHKD.FX)$$China National Gold Group Gold Jewellery(600916.SH)$$CHINAGOLDINTL(02099.HK)$