On the morning of April 6, Shandong Gold and Barrick Gold held the Signing Ceremony for Strategic Cooperation between Barrick Gold and Shandong Gold and Joint Development of Veladero Gold Mine in Argentina. Zhang Jigang, Vice President of Shandong People’s Association for Friendship with Foreign Countries, attended the ceremony on invitation.
With its headquarters in Toronto, Canada, Barrick Gold is the world’s largest gold producer which main engages in gold exploration, development, production and sales. According to the cooperation agreement, a listed company under Shandong Gold will acquire part of the shares of a gold mine under Barrick Gold. The two corporations will carry out all-round cooperation in such areas as gold exploration technologies and market development.