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 the largest gold producer in China and 39% shareholder, China National Gold (CNG).
| Combined Gold Reserve / Resource | |
|---|---|
| CSH and Jiama Gold | Contained Gold (M oz) |
| Proven / Probable Reserve | 5.1 |
| Measured / Indicated Resource(1) | 8.5 |
| Copper Reserve / Resource | |
|---|---|
| Jiama's Copper | Contained Copper (Billion Pounds / Thousand Tonnes) |
| Proven / Probable Reserve | 5.8 / 2,651 |
| Measured / Indicated Resource (1) | 13.4 / 6,079 |
(1) Inclusive of Mineral Reserves
Steady Increase of Production
Highlights
- Strong support from controlling shareholder – CNG, the largest gold producer in China
- Distinguished integrated PRC and international management with proven track record
- Two producing mines and a pipeline of acquisition targets
- Huge exploration potential providing significant resources and reserve upside
- Clearly defined production growth profile, including Jiama Phase II and CSH expansion
- International best practice in mine development and environmental protection
- A regional benchmark in China
- Strategy in place for organic and accretive growth
Support from Major Shareholder
CGG leverages the technology, engineering, operating, government relationships, financing capabilities and international project pipeline of China National Gold.
Top 10 Institutional Shareholders
As of July 11, 2017
Revenues, Mine Operating Earnings, Net Profit
Business in Vancouver named China Gold International as the fastest growing enterprise in British Columbia, Canada, by percentage growth in revenue between 2011 and 2015.
2016 and Q1 2017 HIGHLIGHTS
*Cash cost per pound of copper after by-product credits
The CSH Gold Mine
One of the Largest Open Pit Gold Mines in China – Inner Mongolia
- A conventional open-pit, heap-leach, gold-mining operation
- Mining 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
- Expansion Feasibility study completed in Q4, 2012 to increase mine processing capacity from 30,000tpd to 60,000tpd, thus shortening mine life to 11 years
- Expansion construction is expected to be completed by the end of 2013
- H2, 2014 - Expansion finished, commercial production begins. Processing capacity increased from 30,000 tpd to 60,000 tpd
- Production is expected to grow to 260,000 oz. per year
The Jiama Copper-Gold Polymetallic Mine
One of the Largest Cu-Mo-Au-Ag-Pb-Zn Mining Operations in China – Tibet
- An open-pit and underground mining operation
- Mining 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
- Infill drilling program completed in 2012 to upgrade resources confidence and help further optimize mine design and reserves
- Expected life of mine: 35 years
- Commercial production began in September 2010
- Phase I operation successfully completed
- 6,000 tpd processing capacity
- Phase II expansion is under progress
- Increase processing capacity to 50,000 tpd when expansion is completed
