SunSirs: Jinchuan Group Secures Hongquan Gold Mine Exploration Rights in Gansu for ¥6.387 Billion
February 03 2026 10:03:23 China Mining News (lkhu)
According to a report by China Mining News, a reporter recently learned from the Gansu Provincial Department of Natural Resources that the province has successfully transferred two mineral rights, with a total transaction price reaching 6.407 billion yuan. Among them, Jinchuan Group Copper & Precious Metals Co., Ltd. won the detailed prospecting right for the Qianhongquan Gold Mine in Yumen City with 6.387 billion yuan (including previous investments), setting a record for the highest transaction price of metal mineral species in Gansu Province in one fell swoop. It is reported that the scale of the detailed prospecting right for the Qianhongquan Gold Mine in Yumen City is equivalent to two large-scale gold mines. Since the launch of mineral potential surveys for this gold mine in 2017, followed by systematic exploration, the Gansu Provincial Geological Exploration Fund has invested a total of more than 76.87 million yuan and completed over 35,000 meters of drilling work, finally unveiling the mysterious veil of this "underground gold vault". The successful transfer of this mineral right at a high price not only reflects the market's high recognition of the value of Gansu's mineral resources but also marks a solid step forward in Gansu's development path of "gathering energy through minerals and developing industries through minerals", realizing the rapid transformation of resource advantages into economic advantages.
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