What is Bairenba mine project, Inner Mongolia, China?

Question

Capital costs, Proven & Probable reserves, metals output, ore capacity?

Answer 1

Last I've heard (May 2004), Bairenba was in early stages of development. China Mining and Mineral Commodities Market Newsletter reported that estimated reserves in Bairenba include 4,598 tons of silver, 500,000 tons of lead, 150,000 tons of zinc, and 1.68 tons of gold. The property is jointly owned and developed by Inner Mongolia Mining Company, Chifeng Honghuagou Gold Company, Gansu Shengda Group, and Inner Mongolia 9th Exploration Institute. The mining and dressing capacity of the property is 600,000 tons per year. Planned annual output of silver is 98 tons; output of lead and zinc is 1,251 tons and 2,012 tons, respectively.

There were no data on proven and probable reserves and there probably won't be; Chinese companies do not conduct independent geological audits, unless they plan to raise capital internationally. For the same reason, capital budget is also unlikely to be published.