7 July 2009
SINO GOLD INCLUSION IN S&P/ASX 100
Sino Gold Mining Limited (ASX: SGX, SEHK:1862) is pleased to advise that, following adjustments to the Standard & Poor�s / Australian Securities Exchange index series, Sino Gold has been accepted for inclusion in the S&P/ASX 100, effective after the close of business today.
For further information regarding Sino Gold please contact:
Investor Enquiries:
Jake Klein, CEO or Roger Howe, Investor Relations
+61 2 8259 7000, info@sinogold.com.au
Media Enquiries:
Kate Kerrison
+61 2 6746 3221, kate@katekerrison.com.au
About Sino Gold
Sino Gold is the leading international gold exploration and mining company in China and is listed on the Australian Securities Exchange (ASX Code:SGX) and The Stock Exchange of Hong Kong (SEHK Code:1862).
The 82%-owned Jinfeng Gold Mine in southern China�s Guizhou Province and is now the second largest gold mine in China with 2008 gold production of 151,000 ounces. Jinfeng�s gold production is planned to increase as the processing plant is de-bottlenecked and as higher-grade ore from the underground mine supplements ore from the open pit.
The 95%-owned White Mountain Gold Mine in northeast China�s Jilin Province and commenced commercial gold production in January 2009. Upon reaching design production rates, White Mountain will produce an average of 65,000 ounces of gold annually.
The high-grade Eastern Dragon Project in northern China�s Heilongjiang Province has excellent potential to produce very low-cost gold and is being rapidly progressed towards becoming Sino Gold�s third mine.
Sino Gold continues to assess the potential of the Beyinhar Project in Inner Mongolia to be developed into an open-pit, heap-leach gold operation.
Total gold production from the Jinfeng and White Mountain Mines for calendar 2009 is planned to be in the range of 210,000 to 230,000 ounces at a cash operating cost of less than US$400/ounce.
With the planned development of Eastern Dragon and Beyinhar, Sino Gold is targeting annual gold production of more than 400,000 ounces at a cash cost of ~US$300/ounce by 2012.
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Sino Gold |
Level 22, 44 Bridge St
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Sydney NSW 2000 Australia | |
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VanEck Vectors Global Alternative Energy ETF
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CODE : SGX.AX |
ISIN : AU000000SGX4 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Sino Gold est une société de production minière d'or basée en Australie. Sino Gold est cotée à Hong Kong, en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 383,3 millions (349,7 millions US$, 235,4 millions €). La valeur de son action a atteint son plus bas niveau récent le 06 décembre 2002 à 1,05 , et son plus haut niveau récent le 20 mars 2008 à 8,81 . Sino Gold possède 47 442 200 actions en circulation. |