China Natural Resources, Inc. announces 2018 operations results

Published by Naomi Holliman, Digital Editorial Assistant
Global Mining Review, Wednesday, 01 May 2019 15:11

China Natural Resources, Inc. has announced its results of operations for the year ended 31 December 2018.

Mr. Wong Wah On Edward, the company's chairman, commented on the results: "In late 2018, our wholly-owned subsidiary, Bayannaoer City Feishang Mining Company Ltd., completed initial exploration programme which indicated the presence of a ‘mid-size’ deposit of lead and silver ore and resources sufficient in quantity and quality to warrant further exploration designed to confirm and increase measured resources, with the prospect of identifying other mineable metal resources such as copper. In addition, we will continue to explore new business opportunities to contribute to revenues and enhance shareholder values."

Table detailing China Natural Resources' profit and loss