Shandong Gold Group seeks to ride fresh boom overseas for top 10 slot

Miner opens foreign office in Toronto, looks for sustainable and long-lasting resource reserve

After a multiyear survival mode, gold companies are finally enjoying a growth cycle in the market. Shandong Gold Group has embraced the opportunity and is boosting its development by setting up an office in Toronto, dubbed the world's mining capital.

At its opening ceremony on July 25 in downtown Toronto, the company, along with a group of mining companies, investment banks and officials, gathered to celebrate the boom and discuss the future opportunities in the industry.