Majestic to resume gold production in China
(Kitco News) - Majestic Gold (TSX.V:MJS, FSE: A0BK1D) announced today that its operating subsidiary, Yantai Zhongjia Mining, has received governmental approval to resume operations at its Songjiagou North underground mine following the successful completion its cautionary safety inspection.
The company said it further anticipates receiving governmental approval to resume mining operations at the Songjiagou open pit gold mine by early June 2021.
The company had announced on March 1, 2021, the mandated closure by the Shandong Provincial Government of all non-coal operations in the province pending governmental cautionary safety inspections.
Majestic said it has operated the Songjiagou open pit gold mine and Songjiagou North underground mine accident-free since commencing production.
Currently focused solely in China, Majestic Gold is a British Columbia based company engaged in commercial gold production at the Songjiagou gold mine in eastern Shandong Province, China.