Asset report

Hengbang gold mine

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Report summary

The Hengbang mine comprises 8 mining zones (Lazigou, Shangweiche, Fuludi, Dongdaokou, Qiagoushan, Liaoshang, Liujiakuang and Fayunkuang) located in Mouping County, Yantai City. Although mining commenced in 1982, the accompanying analysis covers post 2008 activity due to limitations on data gathering in the region. The asset is fully owned by Shandong Hengbang Group, whose core business lies in smelting operation.

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