Shengda Resources (000603.SZ): Holding company Honglin Mining has obtained the "Safety Production License" for the mining area.
Shengda Resources (000603.SZ) announced that its holding subsidiary, Sichuan Honglin Mining Co., Ltd. ("Honglin Mining"), had the Caiyuanzi Copper-Gold Mine mining area inspected on-site by relevant units and experts organized by the Sichuan Emergency Management Department. Recently, the company received the "Safety Production License" issued by the Sichuan Emergency Management Department.
Shengda Resources (000603.SZ) announced that its wholly-owned subsidiary Sichuan Honglin Mining Co., Ltd. ("Honglin Mining") conducted on-site inspections of the Caiyuanzi Copper-Gold Mine mining area by relevant units and experts organized by the Sichuan Province Emergency Management Department, and recently received a "Safety Production License" issued by the Sichuan Province Emergency Management Department.
It is reported that the company holds 53% equity in Honglin Mining, which is a subsidiary of the company. The Caiyuanzi Copper-Gold Mine industrial ore body of Honglin Mining has a cumulative proven resource volume (proved + controlled + inferred) of 6.056 million tons of ore, with a gold metal content of 17,049 kilograms and an average grade of 2.82 grams per ton; copper metal content of 29,015 tons with an average grade of 0.48%. The low-grade ore body resource volume (proved + controlled + inferred) has an ore volume of 394,000 tons, gold metal content of 120 kilograms, and an average grade of 0.30 grams per ton; copper metal content of 1,164 tons, with an average grade of 0.30%.
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