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Group Led by Ace Magashule, Governor of Free State Province, Paid a Visit to SD-Gold Group

Release time:

  On the morning of September 7, Ace Magashule, governor of Free State Province, The Republic of South Africa, led a study group to SD-Group and was warmly received by Li Xiaoping, member of the standing committee of CPC SD-Gold Group party committee.
  Li Xiaoping welcomed the group led by Ace Magashule and gave an overall description of SD-Gold Group. According to Mr. Li, SD-Gold, a large state-owned enterprise with excellent enterprise management system, has set forth the strategic target of becoming a first-class international company and ranking itself among the top ten in the world since the beginning of the “13th five-year plan”. With synergetic development accomplished in five major business segments, the company is ranked among the top enterprises in China’s gold industry in terms of gold transaction, non-ferrous metal transaction, resources reserve, economic benefit, scientific and technological level as well as talent advantage. SD-Gold has built overseas business platforms in Argentina, Australia and Canada, and this year it cooperated with the world’s largest gold company Barrick Gold Corporation. He said that South Africa is the largest economy in Africa, one of the five largest mineral producers in the world and the important country to be cooperated with as well. He hoped to make cooperation with the Free State Province in mining to achieve win-win development.
  Ace Magashule expressed his thanks to SD-Gold for its warm reception. He introduced the development of the Free State Province. He said strategic cooperation agreements have been signed between South Africa, a country that always enjoys close cooperation with China, and many provinces and enterprises, and he hoped the cooperation with the Free State Province, a region with developed mining and agriculture, will be strengthened. Meanwhile, he sincerely invited the personnel from SD-Gold to visit the Free State Province this year.
  In addition, Peter Thabethe, director of the Department of Agricultural and Rural Development of Free State Province, gave an introduction of the social development and tourism of the province; and Mpho Mugamani, chief executive officer of the special economic zone, gave a detailed description of the mining development of the province and stressed that the Free State Province would continue to provide support for companies in share warrant and preferential policy.
  Among those who took part in the meeting were SD-Gold general manager assistant He Jiping, chief inspector of administrative supervision Liu Rujun, and chief inspector of human resources Ye Jianjun.