• About

    Company Profile
    About
    The main business scope includes the selection and mining of precious metals and non-ferrous metal ores, as well as metal trading.
    Corporate Culture
    About
    The main business scope includes the selection and mining of precious metals and non-ferrous metal ores, as well as metal trading.
    Development History
    About
    The main business scope includes the selection and mining of precious metals and non-ferrous metal ores, as well as metal trading.
  • Competitiveness

    Capital
    Competitiveness
    Leveraging the advantages of Yintai Gold, achieving leapfrog development, and creating market value
    Resources
    Competitiveness
    Leveraging the advantages of Yintai Gold, achieving leapfrog development, and creating market value
    Management
    Competitiveness
    Leveraging the advantages of Yintai Gold, achieving leapfrog development, and creating market value
    Talent
    Competitiveness
    Leveraging the advantages of Yintai Gold, achieving leapfrog development, and creating market value
    Synergism
    Competitiveness
    Leveraging the advantages of Yintai Gold, achieving leapfrog development, and creating market value
  • News

    Company News
    News
    Every dynamic is the footsteps of Yintai Gold's progress
    Illustrated Mining
    News
    Every dynamic is the footsteps of Yintai Gold's progress
  • Operations

    Yulong Mining
    Operations
    Resource first, global layout, achieving long-term continuity, and seeking a second leap
    Dachaidan Mining
    Operations
    Resource first, global layout, achieving long-term continuity, and seeking a second leap
    Banmaozi Mining
    Operations
    Resource first, global layout, achieving long-term continuity, and seeking a second leap
    Luoke Mining
    Operations
    Resource first, global layout, achieving long-term continuity, and seeking a second leap
    Huasheng Gold Mine
    Operations
    Resource first, global layout, achieving long-term continuity, and seeking a second leap
    Shanghai Shenghong Rongxin
    Operations
    Resource first, global layout, achieving long-term continuity, and seeking a second leap
    Osino
    Operations
    Osino Gold Exploration and Mining (Pty)Ltd. is Shanjin International's first independently operated project, first wholly-owned project, first acquisition project, and first green space project in Africa and even overseas
  • Sustainability

    SDGs
    Sustainability
    Faced with challenges, Yintai Gold has taken some relevant actions to protect the society and global environment.
    ESG Report
    Sustainability
    Faced with challenges, Yintai Gold has taken some relevant actions to protect the society and global environment.
    Environmental
    Sustainability
    Faced with challenges, Yintai Gold has taken some relevant actions to protect the society and global environment.
    Social
    Sustainability
    Faced with challenges, Yintai Gold has taken some relevant actions to protect the society and global environment.
    Governance
    Sustainability
    Faced with challenges, Yintai Gold has taken some relevant actions to protect the society and global environment.
  • Investors

    Shares
    Investors
    We firmly believe in and adhere to the highest corporate governance standards,and establish strong partnerships with all shareholders, employees, customers, and other stakeholders in our ecosystem.
    Announcement
    Investors
    We firmly believe in and adhere to the highest corporate governance standards,and establish strong partnerships with all shareholders, employees, customers, and other stakeholders in our ecosystem.
    Regular Report
    Investor relations
    We firmly believe in and adhere to the highest corporate governance standards, and establish strong partnerships with all shareholders, employees, customers, and other stakeholders in our ecosystem.
  • Contact

    Join Us
    Contact
    Welcome to call anytime
    Contact Us
    Contact
    Welcome to call anytime
新闻详情

Shanjin International releases its 2023 annual report

Release time:2024-03-23

On March 23rd, Shanjin International's 2023 annual report was officially released. The report revealed that the company achieved operating income of 8.106 billion yuan, with a net profit attributable to shareholders of 1.424 billion yuan, marking a year-on-year increase of 26.79% and reaching a historic high.

The company's core mines, including Heihe Luoke, Jilin Banmiaozhi, and Qinghai Dachaidan, performed exceptionally well. These mining assets contributed 89.02% to the company's net profit.

In terms of exploration and resource augmentation, Shanjin International has intensified its efforts, ensuring steady development.

The supplementary exploration project for the 1118 High Ground Metal Mine of Yulong Mining has successfully passed the review and filing, achieving a significant breakthrough in peripheral mining rights exploration and resource augmentation. The registered resource volume (co-existing + associated) is 36.518 million tons of ore, including 3,026 tons of silver metal, 840,600 tons of lead-zinc metal, 120,900 tons of copper metal, and 27,400 tons of tin (associated) metal.

The mining rights certificate for the Qinghai Dacaidan Qinglonggou gold mine Province (expanding the mining area) has been successfully processed. The mining rights for the Xijingou gold mine (newly established) have been reviewed by the Qinghai Provincial Department of Natural Resources, achieving significant progress in certificate processing.

Heihe Luoke successfully obtained the exploration rights for the peripheral area of the Dong'an gold mine through market bidding, providing continued resources for the mine. Jilin Banmiaozhi cooperated with Jilin University on the "Gold-Engaged Gold Mine and Peripheral Metallogenic Regularity and Prediction Prospecting Research" project. There was a breakthrough in prospecting for the Banshigou gold and polymetallic mine.

In July 2023, Shandong Gold acquired Shanjin International, bringing synergistic advantages in resources, asset development, and financing to the company.

Building upon this foundation, Shanjin International proposed a new development strategy in November 2023, dedicated to creating a growth-oriented international gold mining company centered on value creation and propelled by global development.

To achieve this goal, Shanjin International set a target for gold production of no less than 8 tons in 2024. The company focuses on four key areas: optimizing production organization and management, concentrating on resource exploration and expansion, emphasizing technological research and innovation, and strengthening talent recruitment and training. These efforts ensure smooth implementation.

In 2024, Shanjin International also plans to acquire the Canadian mining company Osino. Its core asset, the Twin Hills gold mine project, is expected to increase gold production capacity by 5 tons per year upon commencement of production. This move marks a crucial step in strategic execution.

With the implementation of the new strategy and the commencement of global acquisitions, Shanjin International will continue to deepen internal reforms, enhance operational efficiency, intensify exploration efforts, and expand international markets to create more value for shareholders.

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