China Gold and Russian Polar Gold Sign a Framework Cooperation Agreement
Release time:
2015-05-13
Source:
China Mining News
Song Xin, General Manager and Party Secretary of China Gold Group Corporation, recently signed a framework cooperation agreement with representatives from Russia’s Polar Gold Company regarding the joint development of gold and non-ferrous metal resources.
5 Moon 8 On [date], Chinese President Xi Jinping paid a state visit to Russia and attended Russia’s commemoration of the Victory in the Great Patriotic War. 70 Anniversary celebration. During the event, Xi Jinping and Russian President Vladimir Putin attended a series of signing ceremonies at the Kremlin marking China-Russia cooperation in economic fields. It was against this backdrop that the framework agreement on resource development cooperation between China Gold and Russia’s Polar Gold was signed.
As the largest enterprise and the only central state-owned enterprise in China’s gold industry, China Gold Group Corporation ranks among the top in the country across various indicators, including gold resource reserves, mined gold production, refined gold production, market share of gold investment products, gold beneficiation and smelting technology levels, and the volume of physical gold transactions conducted by its comprehensive membership at the Shanghai Gold Exchange. Moreover, it has also received the highest credit rating in the international gold industry. BBB A gold enterprise at the (level) level.
Russian Polar Gold is Russia's largest gold producer and one of the world's top ten gold producers. It boasts abundant gold and non-ferrous mineral resources, and China National Gold Corporation has consistently maintained close cooperation with it. The signing of this cooperation framework agreement will further deepen collaboration between the two parties in areas such as joint development of mineral resources, technology exchange, and supply of materials and products.
According to reports, in recent years, China Gold Group Corporation has accelerated its efforts while remaining committed to the domestic market. “ Go out. ” The pace of strategic implementation—especially at the national level. “ The Belt and Road ” The introduction of the strategy has brought unprecedented opportunities for the development of China's gold industry. “ The Belt and Road ” Countries along the Belt and Road boast abundant gold mineral resources, robust consumer demand, and vigorous investment and trade activities, occupying a significant share and position in the global gold industry chain. Meanwhile, China’s strengths—such as advanced technology, sophisticated equipment, substantial financial resources, and highly skilled personnel—in the development of the gold industry complement the rich gold resources and vast market prospects of these countries along the Belt and Road, creating enormous potential and room for mutual cooperation.