Jinfeng Gold Mine
| Location | |
|---|---|
  Jinfeng Gold Mine Location in China | |
| Province | Guizhou |
| Country | People's Republic of China |
| Coordinates | 25°8′55″N 105°52′16″E / 25.14861°N 105.87111°ECoordinates: 25°8′55″N 105°52′16″E / 25.14861°N 105.87111°E |
| Production | |
| Products | Gold |
| Production | 177,757 [1] |
| Financial year | 2011 |
| Type | Open pit/Underground |
| History | |
| Opened | 2007 |
| Owner | |
| Company | Eldorado Gold |
| Website |
eldoradogold |
| Year of acquisition | 2009 |
The Jinfeng Gold Mine (Chinese: 金峰金矿) is an combined open pit and underground gold mining operation in the Guizhou province, China. The mine is owned by Canadian-based Eldorado Gold.[2] It was originally owned by Sino Gold Mining with production beginning in 2007. Jinfeng was the first foreign-owned gold mine in the country. The mine was acquired by Eldorado Gold when they purchased Sino Gold in 2009.
History
The deposit was discovered in 1986, Sino Gold Mining received the mining licence in 2001.[3] Sino Gold's investment in the mine was the largest mining investment in the People's Republic of China by a foreign company,[4] and the first foreign company to mine gold in the PRC.[5] Construction of the Jinfeng Gold Mine started in 2005, and gold production began in 2007. Eldorado Gold acquired the property when they purchased Sino Gold in 2009.[1] As of 2010 Jinfeng was still the largest foreign-owned gold mine, and the second largest gold mine in the PRC. Despite owning the second largest gold mine in the country, in 2010 Eldorado only accounted for 3% of the PRCs total gold output.[6]
Geology
The deposit at the Jinfeng Gold Mine is a Carlin-type gold deposit (similar to those found in Nevada) in the "Laizhishan Dome" located in a region known as the "Golden Triangle". The Laizhishan Dome is made up of sedimentary rocks from the Silurian through the Late Triassic periods. The deposit itself is located between five faults, with gold being associated with pyrite and arsenopyrite.[3]
References
- 1 2 "Jinfing Production Report". Eldorado Gold. Retrieved 4 May 2013.
- ↑ Lazenby, Henry (27 July 2012). "Eldorado Q2 profit tumbles on decreased production, cuts guidance". Mining Weekly. Retrieved 3 May 2013.
- 1 2 Mike, Warren (10 October 2007). "Jinfeng Gold Mine" (pdf). SRK Consulting. Retrieved 4 May 2013.
- ↑ "CHINA - Jinfeng Gold mine receives development of year award". Asia Miner. Retrieved 5 May 2013.
- ↑ "Sino Gold prospecting its way to the top in China". China Daily. 9 December 2008. Retrieved 5 May 2013.
- ↑ Koven, Peter (4 December 2010). "How Eldorado Gold broke into China". Financial Post. Retrieved 5 May 2013.