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Company Information for Central China Goldfields

Company stock charts - 12 Month chart

Exchange AIM; GGG


View full financial data

Company Statement

Central China Goldfields plc brings together a team with many years of technical, corporate and cross cultural management experience including decades of living and working in China. Combining our expertise with our network of contacts and understanding of Chinese business culture, we believe we are ideally placed to become one of the premier mining and exploration companies operating in China.

The Company was incorporated on 3 November 2004 and listed its shares on the London Stock Exchange’s AIM market on 30 March 2005. At the time of Admission to AIM, Central China Goldfields had only its Snow Mountain Gold Project located in Sichuan Province as the initial property.

Since listing on AIM, much progress has been made. We now have several joint ventures with Chinese partners, and are actively working in some of the most potentially productive yet under-explored regions in the country.


Current Operations

Introduction to Central China Goldfield’s projects
China lies in a very prospective geological region. The collision of four continental fragments has created a series of belts conducive for mineralisation.

The Company currently has four projects which are located in some of the most prolific belts in China. Two of these projects (Nimu and Snow Mountain) have Flagship status.

Nimu Copper Project 
An advanced copper – molybdenum project. Our partner, the SBMGE, has defined +1.3 billion pounds* of contained copper in oxide form. Central China has identified eight areas where copper may be concentrated and exploration work is continuing.

Snow Mountain Gold Project 
An advanced Carlin style gold deposit. Our partner, also the SBMGE, defined approximately 1 million ounces* of inferred resources. Details of these can be found in the Admission Document (March 2005) and in the Snow Mountain section.

Our two other projects are:

Dong Mao Huo
A small inactive gold mine with inferred resources of 130,000 oz of oxide gold. We are assessing the project to see if we can restart and increase the production of this mine.

De Ming Ding 
A grass roots exploration copper project close to the giant Qu Long copper deposit.

* Chinese Standard, not compliant to JORC, 43-101 or other internationally recognised standards. 
 


Geographical Spread

China


Board of Directors and Key Management

DIRECTORS

Nigel Bruce Clark Non-Executive Chairman
Dr Jeffrey Francis Anthony Malaihollo Managing Director
Dr. Johnny Sei-Hoe Hon Non-Executive Director
John Charles Forrest Finance Director
Patrick Aloysius Harford Non-Executive Director
John Merfyn Roberts Non-Executive Director
Mr Paul McGroary Non-Executive Director

SENIOR MANAGEMENT

Ciceron “Jun” AngelesExploration Manager
Richard Shao JV Liaison Manager
Cai Lixin General Manager – Sichuan Snow Mountain Mining Exploration
Dr. “Jackson” Huo Sen General Manager – Nimu Project

Company Address

London Address Peek House
Eastcheap, London EC3M 1EB

Telephone:+44 (0) 20 7621 0200
Facsimile:+44 (0) 20 7621 0300
Email:info[at]ccgoldfields.com
Website:http://www.ccgoldfields.com

Additional Address/Key Contact

China Address

22 Gaopeng Avenue
Hi-tech South District
Chengdu
Sichuan 610041
P. R. China

Tel: +86 28 851-46632
Fax: +86 28 851-46631

Capital

Shares in Issue: 114,311,525 (as at 2 Feb 2007)
Total Warrants: 23,567,987 of which:
12,455,000 Vendor Warrants (@10p to 30 March 2010)
2,612,250 Financial Advisor Warrants (@10.4p to 30 March 2010)
1,000,000 Arranger Warrants (@8.8p to 30 March 2008)
7,000,737 Warrants (@10p to 30 April 2007)
500,000 Warrants (@8p to 11 November 2007)
Number of Options 4,070,000 (@6p to 13 March 2010) & 250,000 (@8.5p 13 March 2010)

Year End

31 December

Nominated Brokers

King & Shaxson Capital Limited
6th/7th Floor,
Candlewick House,
120 Cannon Street,
London EC4N 6AS

HansonWesthouse Limited
12th Floor
One Angel Court
London EC2R 7HJ

Nominated Advisors

HansonWesthouse Limited
12th Floor
One Angel Court
London EC2R 7HJ

Broker/Analyst Reports

24/10/07 - Gold Letter International
30/05/07 - Hanson Westhouse

Major Shareholders

JP Morgan Fleming 8.75%
Genesis Investment Management Ltd 6.56%
D.S. & Co. Ltd and related parties 5.76%
Paul Mc Groary & Tipakorn Anuvatnujotikul 3.50%
Phoenix Gold Fund 3.00%

Related News

30/04/08 - Central China Goldfields Aims for Early Cash Flow
22/02/07 - Central China Goldfields Has A Potential Jackpot At Its Nimu Copper Project

Most Recent Statement

17/04/08 - STRATEGIC ASSETS REVIEW
15/04/08 - DONG MAO HUO PROJECT DRILLING TO COMMENCE
02/04/08 - SNOW MOUNTAIN DISPOSAL RAISES US$5.4M
12/03/08 - SURFACE SAMPLING RESULTS AT DONG MAO HUO PROJECT
19/02/08 - Geophysical Results, Nimu Project
28/01/08 - DONG MAO HUO DRILL RESULTS

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