CSH Mine Output Will Boost China Gold’s 2016 Production Estimate

China Gold International Resources reported that it expects to increase total gold production from its Chinese operations to about 235,000 oz while copper production is expected to be steady at about 38.6 million lb. Most of the increase in gold production will be from the Chang Shan Hao (CSH) gold mine in Inner Mongolia.

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Parliamentary Resolution Advances Centerra’s Gatsuurt Gold Project

Centerra Gold reported in early February that the Mongolian Parliament has passed a resolution setting the state ownership interest in Centerra’s proposed Gatsuurt gold project at 34% and authorizing the government to complete negotiations with Centerra on the terms of such ownership. Final agreements will include a deposit development agreement and an investment agreement.

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