On 26 November, 2013, the signing ceremony for the feasibility study contract signed between BGRIMM and CITI Construction on the project of Las Cristinas gold mine in Venezuela was held at the headquarter of CITI Construction. Representatives from the two sides, Dr. Jiang Kaixi, President of BGRIMM, Mr. Xiong daiyu, Vice President of BGRIMM, Mr. Wang Yun, General Manager of BGRIMM Engineering Company, Mr. Yuan Shaobin, President of CITI Construction, Mr. Liang Chuanxin and Mr. Piao Bo, Vice Presidents of CITI Construction attended the ceremony. Located in the southeastern state of Bolivar in Venezuela, Las Cristinas gold mine is one of the world’s largest deposits of gold with proven reserves of 640 million tons of ores at average gold grade 1.17g/t.