Shandong Gold Mining

Summary

History

Mission

Vision

References

Summary

Shandong Gold Mining Co., Ltd. engages in the exploration, mining, processing, smelting, and selling of gold and silver ores in the People's Republic of China. The company operates through Gold Mining, Gold Refining, and Investment Management segments. It is involved in refining, processing, production, and sales of gold products; production and sales of specialized equipment for gold mines, and construction and decoration materials; investing in equity funds; trading of gold bullion; and provision of brokerage services for trading of futures contracts, as well as production of gold bullions, investment gold bars, and silver ingots. The company also engages in the asset and investment management activities. Shandong Gold Mining Co., Ltd. was incorporated in 2000 and is headquartered in Jinan, the People's Republic of China.

History

Shandong Gold Group is a state-owned Chinese gold mining company under the provincial government of Shandong. The company is the second-largest producer of gold in China by output and its publicly-listed subsidiary ranked #1,898 in the Forbes Global 2000.

Shandong Gold Group is the parent company of Shandong Gold Mining, which is listed on the Shanghai Stock Exchange. Following a pact announced in September 2018 with Barrick Gold, the world's largest gold miner by output, both companies agreed to strengthen ties with each other by cross-investing up to $300 million in each other's shares, with Barrick Gold buy shares in Shandong Gold via the Shanghai Stock Exchange. The cross-investment agreement followed the purchase of a 50% interest by Shandong Gold in Barrick Gold's Veladero mine in Argentina in April 2017.

As a Shandong provincial state-owned enterprise, the company is directly supervised by the Stated-owned Assets Supervision and Administration Commission of the Shandong Provincial Government.[citation needed]

Mission

To gain and maintain a leadership position in the industries we operate in by maintaining customer satisfaction

Vision

To gain and maintain a leadership position in the industries we operate in by maintaining customer satisfaction

References

https://en.wikipedia.org/wiki/Shandong_Gold_Group

https://in.investing.com/equities/shandong-gold-mining

https://finance.yahoo.com/quote/1787.HK/profile?p=1787.HK

https://www.comparably.com/companies/shandong-gold-phoenix-company

https://www.crunchbase.com/organization/shandong-gold-mining

https://companiesmarketcap.com/

https://www.sdhjgf.com.cn