◆ China Gold International Resources Corp Ltd. (TSX: CGG) (“CGG”, or
“Company”) is a polymetallic miner with two producing assets in the
Greater China Region — the CSH mine and the Jiama mine. The Company
has delivered a1,324% return to shareholders since our initial report on
August 27, 2000.
◆ Parent in contempt: Global Mareva order heightens liquidation risk:
China National Gold Group Hong Kong (CNGHK), which owns 40.01% shares
in CGG, has been found in serious contempt of court over its refusal to
transfer ownership of the Soremi Copper-Zinc Mine in the Republic of Congo
to Gerald Group, a U.S.-linked commodities firm. In addition to contempt
fines, the court has issued worldwide freezing (Mareva) injunctions against
CNGHK assets, including 34.1 million shares of CGG (worth C$767 million).
This exposes CGG shares to forced liquidation risk.
22 Oct 2025
China Gold International Resources Corp. Ltd. (TSX: CGG, HKG: 2099) — Parent contempt ruling and global asset freeze raise governance overhang; place target price and rating Under Review
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China Gold International Resources Corp. Ltd. (TSX: CGG, HKG: 2099) — Parent contempt ruling and global asset freeze raise governance overhang; place target price and rating Under Review
China Gold International Resources Corp. Ltd. (CGG:TSE) | 0 0 0.8% | Mkt Cap: 975.2m
- Published:
22 Oct 2025 -
Author:
Couloir Research Team -
Pages:
5 -
◆ China Gold International Resources Corp Ltd. (TSX: CGG) (“CGG”, or
“Company”) is a polymetallic miner with two producing assets in the
Greater China Region — the CSH mine and the Jiama mine. The Company
has delivered a1,324% return to shareholders since our initial report on
August 27, 2000.
◆ Parent in contempt: Global Mareva order heightens liquidation risk:
China National Gold Group Hong Kong (CNGHK), which owns 40.01% shares
in CGG, has been found in serious contempt of court over its refusal to
transfer ownership of the Soremi Copper-Zinc Mine in the Republic of Congo
to Gerald Group, a U.S.-linked commodities firm. In addition to contempt
fines, the court has issued worldwide freezing (Mareva) injunctions against
CNGHK assets, including 34.1 million shares of CGG (worth C$767 million).
This exposes CGG shares to forced liquidation risk.