Argonaut anticipates that the CSH operation will ramp up from ~140kozpa in FY13 to >260kozpa in FY15 while Jiama will increase from 12ktpa to >70kt copper via the Phase Two ramp-up (7Mtpa ROM open-pit mining and 6.6Mtpa ROM underground mining).
The Company is a leading gold producer in Inner Mongolia and a leading copper producer in Tibet. CGG aims to be one of the largest gold producers in Asia.
China Gold International (2099.HK) - Doubling production
The copper Reserve grade is 0.8%, and FY13 cash costs are forecast to be ~US$1.5/lb net of significant gold and silver credits (~US$2.5/lb before credits).....looking forward to jiamas drill results! PUT Maoling Gold Project in the Liaoning Province in CGG NAME!.and CNG shares would not be for-sale if they did that on the deal! ..CNG OWNS 39% OF CGG!