Shandong Gold Group to Boost Output 20% This Year, Daily Reports
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Shandong Gold Group plans to boost gold output by 20 percent this year to 30 tons, the China Daily reported today, citing an unidentified person at the company.
The company also plans to invest in overseas mining assets, especially in South America, Canada and Australia, according to the report. In South America, Shandong Gold is looking to invest in copper, zinc and lead resources in nations including Argentina, Chile and Brazil, according to the newspaper. The company will look to boost gold projects in Canada and Austrlia, according to the report.