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China National Gold Corporation and Russian Polar Gold Corporation Sign Framework Agreement on Resources Development Cooperation
Release time:
09 May,2015
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Author: Zhong Jinxuan | Source: China Gold Group | Share:
"the belt and road initiative" Strategy Bring Out Golden Opportunities
China National Gold Corporation and Russian Polar Gold Corporation Sign Framework Agreement on Resources Development Cooperation
In recent years, China National Gold Corporation has accelerated the implementation of the "going out" strategy while gaining a foothold in China. In particular, the proposal of the national "Belt and Road Initiative" strategy has brought unprecedented opportunities for the development of China's gold industry.
China National Gold Corporation will firmly seize the historical opportunity, further increase the depth and breadth of cooperation, accelerate the pace of development, and make new and greater contributions to the implementation of the national "One Belt One Road" strategy.
On May 8, President Xi Jinping paid a state visit to Russia and participated in the celebration of the 70th anniversary of the victory of the Great Patriotic War in Russia. In the meantime, Xi Jinping and Russian President Putin attended a series of signing ceremonies for Sino-Russian economic cooperation in the Kremlin. Among them, Song Xin, general manager and party secretary of China National Gold Corporation, and representatives of the Russian Polar Gold Company signed a framework agreement on cooperative development of gold and non-ferrous metal resources.
As the largest enterprise and the only central enterprise in China's gold industry, China Gold Group ranks first in the domestic industry in terms of gold resource reserves, mineral gold output, smelting gold output, market share of gold investment products, gold selection and smelting technology level, and physical gold trading volume of comprehensive members of Shanghai Gold Exchange. At the same time, it is the only gold enterprise in China to obtain the highest credit rating (BBB grade) in the international gold industry.
Russian Polar Gold Company is the largest gold producer in Russia and the top 10 large-scale gold producer in the world. It has rich gold and non-ferrous metal mineral resources. China National Gold Corporation has always maintained close cooperation with it. The signing of the "Cooperation Framework Agreement" by the two parties this time will further achieve more in-depth cooperation in the fields of cooperative development of mineral resources, technical exchanges, and supply of materials and products.
In recent years, China National Gold Corporation has accelerated the implementation of the "going out" strategy while gaining a foothold in China. In particular, the proposal of the national "Belt and Road Initiative" strategy has brought unprecedented opportunities for the development of China's gold industry. The countries along the "Belt and Road" are rich in gold mineral resources, strong consumer demand, and active investment transactions. They occupy an important share and position in the world gold industry chain. On the other hand, China's advantages in technology, equipment, capital and talents in the development of the gold industry are highly complementary to the rich gold resources and broad market prospects of the countries along the route, and there is great potential and space for mutual cooperation. To this end, China National Gold Corporation will firmly seize the historical opportunity, further increase the depth and breadth of cooperation, accelerate the pace of development, and make new and greater contributions to the implementation of the national "Belt and Road" strategy.
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