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China Gold International Resources Corp. Ltd. (T:CGG)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 505 Burrard Street, Suite 660, Box 27
VANCOUVER BC V7X 1M4
Tel: N/A
Website: www.chinagoldintl.com
IR: See website
Key People
Junhu Tong
Executive Chairman of the Board, Chief Executive Officer
Wang Zheng
Chief Financial Officer
Jerry Xie
Executive Vice President, Corporate Secretary
Yuanhui Fu
Vice President, Executive Director
Na Tian
Executive Director
Weibin Zhang
Executive Director
Business Overview
China Gold International Resources Corp. Ltd. is a Canada-based gold and base metal mining company. The Company is principally engaged in the acquisition, exploration, development and mining of mineral resources in the People's Republic of China. It operates two mines, the CSH Gold Mine in Inner Mongolia, China, and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The CSH Gold Mine project is in Inner Mongolia of China, approximately 210 kilometers (km) northwest of the city of Baotou, which is engaged in producing gold dore bars with silver as a by-product. The Jiama project is one of the copper-gold polymetallic mines in China. The Jiama project is located within the Gangdise Copper Metallogeny Belt in Central Tibet, China and is approximately 60 km east of Lhasa City along the Sichuan-Tibet highway. The Jiama project is a polymetallic deposit consisting of copper, molybdenum, gold, silver, lead and zinc.
Financial Overview
For the fiscal year ended 31 December 2023, China Gold International Resrcs Corp Ltd revenues decreased 58% to $459.4M. Net loss totaled $25.5M vs. income of $222.7M. Revenues reflect Mine - Produced Copper segment decrease of 75% to $206.8M, Mine Produced Gold segment decrease of 6% to $252.6M. Net loss reflects Mine - Produced Copper segment loss totaling $33M vs. income of $252.3M, Unallocated segment loss increase of 3% to $4.1M.
Employees: 2,080 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $4,264M as of Dec 31, 2023
Annual revenue (TTM): $628.00M as of Dec 31, 2023
EBITDA (TTM): $204.11M as of Dec 31, 2023
Net annual income (TTM): -$34.86M as of Dec 31, 2023
Free cash flow (TTM): -$81.87M as of Dec 31, 2023
Net Debt Last Fiscal Year: $916.80M as of Dec 31, 2023
Shares outstanding: 396,413,753 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization