Insight
Xiling: China's biggest (and deepest) gold project
Report summary
The Xiling gold deposit, in Shandong province, China, is a recent discovery reported to have gold resources of over 10 million ounces. It is a deep continuation of mineralisation at the Shanshandao mine operated by Shandong Gold Group. The ore body occurs at depth between 1,000 and 2,000m. This will make any development the deepest gold mine in China, bringing with it operational challenges and increased mining costs. Our analysis of deep gold mining in South Africa suggests that mining costs at Xiling will be more than double that at the shallower Sanshandao mine.
Table of contents
- Xiling location map
- Relationship of mining depth and underground mining cost
Tables and charts
This report includes 2 images and tables including:
- Xiling: China's biggest (and deepest) gold project: Image 1
- Xiling: China's biggest (and deepest) gold project: Image 2
What's included
This report contains:
Other reports you may be interested in
Asset Report
Red Mountain gold project
A detailed analysis of the Red Mountain gold project
$2,250
Insight
Gold Project Insight: When is ‘peak’ gold production, or have we passed it?
The strength of the gold price is leading to an increased focus on previously thought uneconomical or unfavourable smaller-scale deposits.
$1,050
Asset Report
Valentine Lake gold project
A detailed analysis of the Valentine Lake project.
$2,250