China National Gold Group Corporation (TSX: CGG) has signed a strategic cooperation agreement with the Nonferrous Metals Society of China (NMSC) in Beijing to collaborate on development of multi-metal separation technology, as well as academic and personnel exchange. The parties will focus on improving the methods of separation and recovery rate of the various metals contained in the Jiama Project in Tibet, which contains copper, molybdenum, gold, silver, lead and zinc. Special technical staff from the Jiama Project will work closely with processing specialists from NMSC to test separation technology of the Jiama Project in order to further optimize the metal recovery rate of the Jiama Project.
NMSC is a national industry society comprised of scholars, scientific and technical personnel and enterprise management from all fields in the non-ferrous and related industries. NMSC includes, in particular, the Academic Committee of Flotation-China's top professional committee on this field. ..The Board of directors and management team of China Gold International have accepted the advice of the participant experts and CGG's management has designed a three stage exploration program that will be executed A subsidiary of CHINAGOLDINTL (02099.HK) has conducted research upon an ultra-large gold mine in Inner Mongolia. The gold ore reserves at that gold mine amounted to 148.5 tons, Xinhua News Agency reported.
Experts believe it is still possible to discover further reserves deeper into the mine and at the surrounding area.
China National Gold targets RMB 100-bln revenue in 2015Sun said the company will accelerate its overseas expansion, including the merges and acquisitions in the U.S, Canada and Australia.
One of the 86 deposits to be publicly auctioned holds 7.8 million ounces of gold in situ. This year Russia plans to sell potential investors 86 prospective hardrock gold deposits with exploration potential in situ of about 91 million ounces of gold. 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!