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China national gold group corporation

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The company's key mines are in Inner Mongolia and Tibet. Chang Shan Hao CSH is the gold mine in Inner Mongolia and will produce about , ounces in according to the company's guidance. In pursuit of additional gold mining assets, the parent company and its international development subsidiary, China Gold International Resources , is active in scouting for overseas gold mines. The company has been in talks with Banro, a Canadian gold mining company, to form a joint venture to develop mines and the supporting electricity supply in the Democratic Republic of Congo. Preliminary talks between the miners were reported in April when the companies signed a non-binding memorandum of understanding MOU. The company is mainly engaged in mining.
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China Gold International Resources Corp. Ltd. (CGG.TO)

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China National Gold Group Corp. Xin Song said he recently talked about potential partnerships with Barrick Gold Corp. But talks about an investment in the African properties of Ivanhoe Mines Ltd. China is the world's biggest consumer and producer of gold, giving the country increasing sway over prices and output.
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