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Wednesday, 27th December 2006 (3483 views)

Asian Dragon Group plans to expand next year and has told the gold community that it will be upgrading its gold mines so that they can produce 150 tonnes of ore every day.

Local Chinese experts are providing the expertise as to how best perform such an upgrade which will eventually see the Luogold Mine perform at a rate of 500 tonnes of the area’s high-grade ore.

The firm is currently one of China’s foremost foreign gold and precious metals producers and is part of many joint ventures and property acquisitions.

It has also executed a letter of intent to acquire the Loning Mine which is a gold mine located two kilometres from Asian Gold’s Jinjishan gold mine.

Asian Dragon has enlisted the help of Christian Derosier to ramp up the mill’s daily milling capacity and meet the planned production targets for next year. Mr Derosier is the president of CDGC which is a well-renowned mining and geology company.

 

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