China China Goldfields (AIM: GGG) continued to build momentum at its Dong Mao Huo gold project in Inner Mongolia. The company said it had been granted a Business Licence for its joint venture, Central China Zhengyuan Minerals. Central China now intends to transfer two explorations and one mining licence to the JV.
Jeff Malaihollo, Managing Director added:
"The granting of the Business Licence is the next step in the Company's plan to put Dong Mao Huo back into production."