BRIEF-China Gold provides preliminary 2013 operating,production and 2014 outlook

Fri, 28 Feb - 9:37am

Feb 27 (Reuters) - China Gold International Resources Corp Ltd CGG.TO :

* Provides preliminary 2013 operating, production and exploration guidance and

2014 outlook

* China gold international- gold production is expected to nearly double from

its 2013 level of 131,418 ounces to about 260,000 ounces per annum by 2015

* 2014 copper production for the jiama mine was previously expected to be about

50 million pounds

* Company expects the first gold output from the new 30,000 tpd facility in

second quarter of 2014

* China gold international - co not able to provide definitive 2014 production

guidance for jiama mine as the mine is dealing with reduced power supply

* Says company will need to confirm its 2014 guidance for the jiama mine in

mid-2014

* Phase II expansion in jiama mine not expected to be significantly affected by

power shortage,expected to be completed on time

* Source text for Eikon News Search ID:nCNW5rC5Va

* Further company coverage CGG.TO ((Bangalore Newsroom; +1 646 223 8780))

URN: 
urn:newsml:reuters.com:20140227:nASB08DCZ:9
Topics: 
HK US RES CMPNY CA PREC MINE BLR ASIA EMRG LEN RTRS BACT MIN GDM RESF BMAT MTAL CN MEMI AMERS

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