May 01, 2013 09:31 pm
lans call for Jiama minein Tibet to produce 63,000tons annually by 2014!
envisions tripling both
its total assets and
revenues from 2011 to
2015 with the aim of
joining top-tier global
At current prices, the yearly sales revenue of the company will reach 4.50 billion yuan with profits of 1.18 billion yuan. ... said it will accelerate development of the second phase of the Jiama project and, by 2014 Jiama Mine has been secured by connecting the mine to the recently completed DC Qinghai-Tibet Power Grid Interconnection Project ("QTPGI"). Revenues increased by 7%, or US$21.1 million, from US$311.3 million for the year ended December 31, 2011, to US$332.4 million for the year ended December 31, 2012. PUT Maoling Gold Project in the Liaoning Province in CGG NAME!.and CNG >Autonomous region has massive reserves of high-value minerals
The company spent 26.55 million yuan on building a road from the national highway to Jiama and 6 million yuan on planting on both sides of it about 4,000 willow trees that can survive in the plateau area.
In April, the company started planting up to 2,000 aspens in the area to create more shade.over six months between Huatailong and other companies in the Jiama area, the company succeeded in acquiring four mining rights, five exploration rights and eight mines in a total area of 144 square kilometers!
According to the Land and Resources Office of the autonomous region, Tibet has 101 kinds of proven reserves, among which many resources such as copper, gold, chromium and boron are in short supply in China. The chromic iron ore reserve is the biggest in China and the copper reserve the second biggest.
The office said the potential value of the mining resources in Tibet is more than 600 billion!the yearly sales revenue of the company will reach 4.50 billion yuan with profits of 1.18 billion yuan.The newly added mineral reserves will reach 2,000 billion yuan by 2015.
China Gold purchases Studio 5D Planner for use at the Jiama Mine. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of the Stock Exchange of Hong Kong Limited (HKEx: 2099).