Eldorado Gold - Jinfeng Mine, China
| Site | Jinfeng Mine |
| Location | Guizhou Province, China |
| System | 2 instrument |
| Commissioned | 2011 |
DESCRIPTION
Eldorado owns an 82% interest in Jinfeng with local joint-venture partner Guizhou Lannigou Gold Mine Limited holding the remaining 18%. Jinfeng is an open-pit and underground gold mine. In 2011 the mine plans to process 1.55 million tonnes of ore (760,000 tonnes from the open pit; 500,000 tonnes from underground, and the remainder from existing stockpiles). Capital spending in 2011 will be approximately $30 million and will include underground development, capitalized waste stripping, and underground mining equipment.
Jinfeng Mine, China
In 2001, the Jinfeng deposit was acquired by Sino Gold, who commenced construction in February 2005 and achieved commercial gold production in September 2007. In December 2009, Sino Gold was acquired by Eldorado Gold. The Jinfeng Gold Operating Permit (issued on 25 December 2006) is valid to 25 December 2016.
