Shandong Gold Mining Co., Ltd.
is a listed company controlled by Shandong Gold Group Co., Ltd. It was established in January 2000 and was listed on Shanghai Stock Exchange on August 28, 2003.
Principally engaged in the gold mining, the Company also has the complete industrial chain integrating exploration, mining, beneficiation and smelting (purification) of ores and deep processing and sales of gold products, as well as the matched scientific and technological R&D system. Since it was listed, the Company, taking “making the gold business excellent and strong” as the strategic guidance, “making the company’s value and shareholders’ interests maximum” as the work objective”, has been being active to implement private placement of stocks, conversion of capital reserve into share capital, and major asset restructuring work, which have promoted the rapid expansion of the company’s capital stock and the continuous enhancement of its economic strength. By the end of 2017, the Company has controlled and operated 12 Chinese mines, and together with Barrick Gold Corporation, operated the Veladero Mine in South America. With the registered capital of 1.857 billion yuan, a total asset of 42.16 billion yuan and the net asset of 16.324 billion yuan, the Company has become a leader in China’s gold mine companies.
Mine enterprises under the jurisdiction of the Company are located in Shandong, Fujian, Inner Mongolia, Gansu, etc. in China and San Juan, Argentina in South America. Among them, four mines in China are listed as “Top Ten Gold Mines in China”, namely, Sanshan Island Gold Mine, a monomer mine with the highest mechanized degree and the largest scale of undersea trackless mining in Asia; Jiaojia Gold Mine, the first digital mine in China; Xincheng Gold Mine, the national environmental-friendly enterprise; and Linglong Gold Mine, with the largest cumulative gold production in Asia. The Company also operates the Veladero Mine, the largest gold mine in Argentina and the second largest gold mine in South America, together with Barrick Gold Corporation on a 50-50% basis.
The Company has the largest “gold smelting company” determined according to the gold yield in 2016, is the first batch of enterprises that are accredited by Shanghai Gold Exchange as “entitled to provide standard gold ingots”, one of the first group of gold ingot brand enterprises that are registered with Shanghai Futures Exchange. In January 2010, the Company obtained the qualification of trading high-quality ingots from London Bullion Market Association (LBMA); the products of the Company were rated as the high-quality products in the international gold and silver market; both gold production quality and scale of the Company reached the international advanced level. The Company has always been committed to building safe green mines and has established a brand image of “Shandong Gold, Ecological Mining”.
In the future, by upholding the corporate spirits of “Pursuing Excellence, Innovation and Progress” and the core values of “Fairness, Openness, Honesty, Responsibility, Broad-mind, and Harmony”, focusing on the strategic goal of “Making the Gold Business Excellent and Strong and Becoming a Global Top Ten Gold Mining Enterprise in Comprehensive Strength”, and relying on resource expansion, production capacity increase, capital operation, and industrial extension as support, the Company will give full play to scientific and technological advantages, talent advantages, management advantages, mechanism advantages and capital advantages, accelerate the transformation, upgrade and development, constantly innovate the business operation model and strive to make the gold business excellent and strong so as to achieve the strategic goal of “Becoming a Global Top Ten Gold Mining Enterprise in Comprehensive Strength” at the end of the 13th Five-Year Plan Period.
National green mine, the monomer mine with the highest mechanization degree and the largest scale of undersea trackless mining in Asia.
National green mine Jiaojia Gold Mine.
National green mine, the only “national environment-friendly enterprise” in nationwide mining enterprises.
National green mine, the most representative skarn type gold-bearing polymetallic mine in China.
National green mine Shandong Gold Mining (Xinhui) Co., Ltd.
National green mine Shandong Gold Jinzhou Mining Company.
National green mine, the only national industrial tourism demonstration site in nationwide gold mines, national AAA tourist area, national mine park.