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General Manager Li Guohong Accompanied Guests from Bank of Montreal on a Visit to the Subsidiaries of Shandong Gold

Release time:

On January 17, Li Guohong, General Manager of Shandong Gold Group and Chairman of the Board of Shandong Gold Mining Co., Ltd. (SHA: 600547), accompanied Egizio Bianchini, Vice Chairman of the Board and Co-Head of Global Metals & Mining Group, Bank of Montreal; Su Zhaohui, Chief Representative of Beijing Branch, Bank of Montrealand Zou Tao, Vice President of Beijing Branch, Bank of Montreal, paid a visit to the Sanshandao Gold Mine and Gold Coast Corporation of Shandong Gold Group.

At the Sanshandao Gold Mine, Li Guohong accompanied Mr. Bianchini and others on a visit to the mechanized mining field in 8# panel at -615.8 meter underground, after learning safety considerations for an underground visit through a video clip. After learning about the type of production and ore grade within the region in detail, Mr. Bianchini spoke highly of the underground standardization construction of this mine, and he was so impressed with the mining efficiency, tunnel construction method, ventilation system, safety management and other details. He believed that Sanshandao Gold Mine has completely qualified as a world-class mine, and was the best one among the over 100 underground mines he had ever visited around the world.

Li Guohong accompanied Mr. Bianchini and others on a visit to Gold Coast Corporation later. At Shandong Gold's experimental zone for ecological governance of tailings, Mr. Bianchini and other guests heard reports on the company's ecological governance of tailings, construction of provincial environmental education base and the building of a AAA scenic spot. They also learned about the details on investment and governance of the experimental zone, and highly praised Shandong Gold for its practices in social responsibility and the building of an eco-mining system with huge input which benefit local. At Guirending, Mr. Bianchini and other guests enjoyed the beautiful environment of the experimental zone of ecological governance. Mr. Bianchini was very impressed, and said that among the nearly 200 gold production enterprises he has been to around the world, Shandong Gold has the best governance on tailings and most beautiful environment. All the heads of mines in the world should pay a visit to Shandong Gold.

Li Guohong pointed out that experimental zone for ecological governance of tailings of Shandong Gold serves as a model of the Group as well as a pilot of modern mining ecology governance. It is the golden name card of Shandong Gold for its global exchange and market exploration. He also introduced Mr. Bianchini and other guests about the "13th Five-year" strategic plan targeting at "striving to be a world-class mining enterprise and trying to be World Top 10". He expressed his hope to seek more partners through the international platform of Bank of Montreal to achieve win-win development.

Grasping the processes of mining, smelting, science and technology progress, safety management and tailings governance etc., Mr. Bianchini was very excited, and fully affirmed the mine management level of Shandong Gold. He said that he will increase publicity of Shandong Gold with the advantages of Bank of Montreal.

Li Tao, President and Secretary of Party Committee of Qilu Mining Business Division, and others also accompanied the visit.