Chifeng Jilong Gold Mining's (HKG:6693) subsidiary Eryuan Jintai Mining Development received the mining permit from Yunnan Provincial Department of Natural Resources on March 31, according to a Monday filing with the Hong Kong bourse.
The validity period for the license is 10 years, between March 7, 2025, and March 6, 2035. The maximum mining depth is 2200 meters, with gold and silver as the main metals. The production scale is 60,000 tons per year, the filing added.
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