China Gold International Reports Year-End 2015 Results and Provides 2016 Outlook
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/30/16 -- China Gold International Resources Corp. Ltd. (TSX: CGG)(HKSE: 2099) (the "Company" or "China Gold International Resources") is pleased to report Year-End 2015 results and provide 2016 Outlook.
2015 Financial, Production and Operating Highlights
Liquidity and Capital Resources:
Mr. Bing Liu, CEO of the Company, commented, "It was my honor again to work with an incredible team of dedicated executives and employees and the directors to bring you another year of successful operations.
We are currently witnessing one of the biggest downturns in the mining industry in recent years. It becomes very critical for any company to adjust its strategy to assure profitability. Our management team has done exactly that this year. In 2015, both our gold and copper production targets were surpassed. We have made significant advancements in technological innovation and cost control and are aiming to prosper despite challenging market conditions."
2016 Production and Operating Outlook:
Annual Results Investor and Media Presentation
Management will hold its 2015 Annual Results Investor and Media Presentation in Hong Kong on April 7, 2016 at 10 a.m. (Hong Kong time). Year-End 2015 results and performance will be discussed with a question and answer period.
For a detailed look at the financial statements and MD&A for the year ended December 31, 2015, please visit the Company's website at , The Stock Exchange of Hong Kong Limited's website at or SEDAR at .
About China Gold International Resources
China Gold International Resources Corp. Ltd. is based in Vancouver, BC, Canada and operates two growing mines, the CSH Gold Mine in Inner Mongolia, and the Jiama Copper-Polymetallic Mine in Tibet Autonomous Region of the People's Republic of China. The Company's objective is to continue to build shareholder value by growing production at its current mining operations, expanding its resource base, and aggressively acquiring and developing new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKSE: 2099).
Cautionary Note About Forward-Looking Statements
Certain information regarding China Gold International Resources contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although China Gold International Resources believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. China Gold International Resources cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what China Gold International Resources currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.
Contacts:
China Gold International Resources Corp. Ltd.
Elena M. Kazimirova
Investor Relations Manager and Financial Analyst
+1.604.695.5031
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Unternehmensinformation / Kurzprofil:
Datum: 30.03.2016 - 22:00 Uhr
Sprache: Deutsch
News-ID 460817
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contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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