China Gold ramps up production on the mainland

China Gold International Resources, the overseas-listed flagship of the nation's largest gold producer China National Gold Group, plans to spend C$705.11 million (HK$5.51 billion) to expand the output of its copper mine in Tibet by sevenfold by 2015.

The Vancouver, Canada-based firm, listed in Toronto and Hong Kong, has also maintained its overseas asset acquisition efforts, despite not having clinched any deal in the past two years, said executive vice-president Jerry Xie Quan.

via Business feed http://www.scmp.com/business/commodities/article/1133375/china-gold-ramps-production-mainland