# GRML signs construction and mining contract with China Railway subsidiaries for Gold Ridge project

GRML, an investment target of Wan Guo International Mining, signed a construction and mining contract with China Railway International Group and China Railway No.10 Engineering Group for the Gold Ridge project in Solomon Islands. The first phase contract price is approximately USD 276 million, covering open-pit mining until March 2034.

- Type: Contract
- Announced: 2019-09-05
- Where: Solomon Islands, Solomon Islands
- Value: $276.0M
- Status: announced
- Products: gold mining services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Wan Guo International Mining](https://endata.com/companies/41890.md)
- [GRML](https://endata.com/companies/41891.md)
- [China Railway International Group](https://endata.com/companies/41892.md) (partner)
- [China Railway No.10 Engineering Group](https://endata.com/companies/41893.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/235271.html), 2019-09-05: "GRML作为发包人，该公司作为担保人，与中铁国际集团有限公司及中铁十局集团有限公司签订一份关于位于所罗门群岛金岭项目的建设及采矿合同。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.