Yazhou Huangjin Expects Growth Avenues as Mine Closure Compliance Rises

Yazhou Huangjin, a gold exploration and development company committed to being the gold investment that works for our shareholders, our operating partners and our communities, is pleased to announce the formation of a special mine closure group led by Liu Qiang, an accomplished environmental engineer. The team, which was established in response to growing public scrutiny of post-mining environmental and social legacies and compliance requirements, supports Yazhou Huangjin in utilizing its distinctive multi-disciplinary and geographical breadth of experience.

Mine closure is a specialized area and a young mining discipline. Within a mining company, mine closure responsibilities have only been available to people in the last decade, and they are not covered by a specific degree. More individuals have started to acquire this specialized experience as a result of people developing their knowledge as the mining industry has started to embrace the idea of mine closure.

The group led by Liu Qiang focuses on mine closure planning and implementation and has operational expertise in all facets of mine site environmental management, including geochemistry, landform design, the establishment of completion criteria, cost estimating, and contact with regulators and other stakeholders.

The expanding impact of technological advancements, in Liu Qiang’s opinion, has been one of the major shifts in mine closure efforts over the previous ten years. Major mining companies, in particular, are getting more and more ready to use all of the tools at their disposal to address post-mining environmental, social, and governance challenges.

“The majority of big miners have made significant progress in their approaches to mine closure, and this is especially true now that the community is expecting a greater emphasis on ESG. On the other end of the spectrum, however, there is still potential for development, with costs being the main barrier. There might be a chance to enhance the general mining sector attitude if there is a change in how mine closure is perceived—more as an investment than just an expense”, stated Liu Qiang, Environmental Engineer at Yazhou Huangjin.

About Yazhou Huangjin

Yazhou-Huangjin.com is a world-class gold mining and exploration company operating in Jiangle County, Fujian, People’s Republic of China – one of the world’s premier new gold regions. Our mission is to grow into one of the most valued gold mining companies by identifying, acquiring, and managing the greatest assets and personnel in order to generate long-term profits for our shareholders and partners. We are devoted to cooperating with the nations and communities that will serve as our hosts in order to convert their natural resources into meaningful benefits and shared prosperity. Our portfolio is concentrated on high-margin, long-life assets and encompasses the world’s most productive gold areas. As valued members of our communities, we generate economic activity to earn our social license. We monitor the effects of our operations and work to set the standard for the best safety, health, and environmental practices in the industry.