Shengda Metals' Honglin Mining Secures Safety Permit for Gold and Copper Mine Operations

Published: May 28, 2026 13:43
On May 28, Shengda Metals announced that its subsidiary Honglin Mining obtained the Safety Production Permit for its mining area. The permit covers underground mining of gold and copper ore at a capacity of 396,000 mt/year. The cumulative identified resources (proven + probable + inferred) of the Caiyuanzi copper-gold mine of Honglin Mining totaled 6.056 million mt of ore, with a gold metal content of 17,049 kg at an average grade of 2.82 g/mt, and a copper metal content of 29,015 mt at an average grade of 0.48%.

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On May 28, Shengda Metals announced that its subsidiary Honglin Mining - Shanghai Metals Market (SMM)