The Chifeng Jilong Gold Mining Limited has been announced as the major shareholder of Lane Xang Minerals following the sale of a 90 per cent share stake from MMG Limited to the company.
Monday night witnessed the introduction of senior officials of the Chifeng Jilong Gold to the media in Vientiane.
The Chifeng Jilong Gold, mostly known as Chifeng Gold, is a Chinese listed gold mining company with nearly 4,000 employees.We have grown into China’s top-10 gold mining group over the last few years by constantly innovating our management mechanism and dedicating ourselves to the effective utilization and prudent development of resources, said Chairman of Chifeng Gold Lv Xiaozhao.As a mining company with a strong sense of social responsibility, Chifeng Gold is people-centred and we will build on MMG’s excellent management philosophy. After taking over, we will retain the majority of existing management while we dispatch our most outstanding, professional staff to work alongside them, said Mr Lv Xiaozhao.
Source: Lao News Agency