Cngold

Cngold

China National Gold Group Corporation (CNGC), also known as China Gold, is a prominent state-owned enterprise in China, primarily engaged in the exploration, mining, processing, and refining of gold, copper, silver, and molybdenum. Established in 1979 and headquartered in Beijing, CNGC operates under the supervision of the State-owned Assets Supervision and Administration Commission (SASAC).

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CNGC's domestic mining assets include the Chang Shan Hao (CSH) Gold Mine in Inner Mongolia, one of China's largest open-pit gold operations; the Jiama Copper-Gold Mine in Tibet, a significant polymetallic deposit; and the Jinfeng Gold Mine in Guizhou Province, acquired from Eldorado Gold in 2016. Internationally, CNGC has investments in the Kulu-Tegerek Copper-Gold Mine in Kyrgyzstan, the Soremi Copper Mine in the Republic of Congo, and the Kluchevskoye Gold Deposit in Russia's Siberia region.

Beyond mining, CNGC operates in various sectors, including retail gold jewelry, refining, irradiation sterilization services for food, medical, and cosmetics industries, geological exploration, engineering construction, and publishing gold industry news. It is the only Chinese member of the World Gold Council and serves as the official media for the Shanghai Gold Exchange and Shanghai Diamond Exchange.

With a workforce of over 23,000 employees, CNGC plays a crucial role in China's gold industry, contributing to the nation's economic development and global standing in the precious metals market. Its comprehensive operations span the entire gold value chain, from exploration to retail, positioning it as a key player in the global mining sector.

CNGC continues to expand both domestically and internationally, combining technological innovation, sustainable mining practices, and strategic investments to strengthen its market position. The company emphasizes responsible resource management, environmental protection, and social responsibility, ensuring that its operations support both economic growth and community development. With a strong focus on quality and efficiency, CNGC has established itself as a trusted brand in the precious metals industry and a key contributor to the global supply of gold and other valuable minerals.