
gold
MONGOLIA | KENYA
We are investing in an emerging gold mining champion focused on Central Asia.
As a result, we own and operate Mongolia’s only underground gold mine currently in production. The mine employs 600 people, 40% from the local Bayankhongor region and 90% from Mongolia itself - local employment being crucial to our ESG strategy.
We are also investing 13 prospective licences in Mongolia covering a total area of 500km², with significant organic growth potential via further exploration and development of these licences.
In 2013, we completed the acquisition of Zhen Hua Company Limited and own 60% equity interest in Kenya No. 253 Copper Mine and No. 341 Gold Mine.
In 2015, we signed the Kenya Copper and Gold Mining Exploitation and Stripping Project Agreement with China Energy Engineering Group Guangxi Hydroelectric Construction Bureau Company, to jointly carry out mining production operations for the Kenya copper and gold mines.