Engineering & Mining Journal

DEC 2018

Engineering and Mining Journal - Whether the market is copper, gold, nickel, iron ore, lead/zinc, PGM, diamonds or other commodities, E&MJ takes the lead in projecting trends, following development and reporting on the most efficient operating pr

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Page 48 of 115

CHINA MINING 2018 DECEMBER 2018 • E&MJ 47 carry out extensive research, and embrace intelligent mining technology. "As the global mining enters this era of win-win cooperation, it is imperative to be open, inclusive and sharing, jointly promote the sustained prosperity and development of the global mining, comprehensively deep- en international cooperation in the field of mining industry, strengthen exchanges and communication in various aspects such as scientific and technological inno- vation and management experience, so as to promote steady and sustainable devel- opment of the global mining," Yumin said. As of the end of 2017, according to stats from the China Gold Association, SD- Gold's output was nearly 44 mt of gold, ranking 12 th among global companies with total assets exceeding 100 billion yaun ($14.5 billion). During the first half of 2018, SD-Group's gold output was nearly 23.5 mt, or 19% higher year-on-year. The Shandong Zhaojin Mining Group is an emerging Chinese gold producer. Liu Yongsheng, general manager, Zhaojin Mining, opened his presentation with a dis- cussion of the fluctuating gold prices. "We have put policies in place for reform," Yong- Zijin has developed an extensive portfolio of mines and smelters in 24 provinces across China and in nine foreign countries.

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