Shandong Gold to develop Gansu gold mine project

Shandong Gold Mining Co., Ltd. announced today that it will proceed with the development of a gold mine project in the Gansu region. According to the announcement, Shandong Gold and its subsidiary, Gansu Jinshun Mining, recently held a project demonstration meeting where experts reviewed and optimized the overall plan for the mine's mining and beneficiation process. Preliminary plans involve integrating mining rights and developing the area in two phases. The project is expected to yield a total of 80 tonnes of gold resources for development, with an estimated annual gold production of 5-6 tonnes. Shandong Gold anticipates good economic benefits from the project and will disclose further development progress in a timely manner. The announcement was made by the board of directors on April 8, 2025.