Xiona Goldball

Xiona Goldball is a Chinese mining holding company mainly active in mining production and processing.

History

this company is from the xiona corporation, it is founded by Kang Xiona. in 1991, after the merger with Badao, it was renamed Xiona Gold, which merged with Truduli in 1998.

in March 2003, she was denounced by Amnesty for atrocities committed in the congo-kinshasa and in angola, Xiona Gold would have financed the armed group FNI, and would have resold the gold by transit it in Zambia and in Malawi.

in 2006, it broke away from Badao which became a paper and packaging company.

in 2009 following the 2008 crisis, Xiona sharply reduced its production, eliminating 12,000 jobs worldwide, including 6,300 in Asia.

in 2014, it merged with Colimarnas Corporation.

in 2015, it closed its mine in Gansu deemed too polluted,

in November 2015, she was accused of deforestation in the Central African Republic, she accused by environmentalists of polluting far too much in Africa.

in 2017, the Xiona Longnan Mine closes,

in February 2020, its production fell sharply due to the quarantine imposed in China due to covid19.

Its turnover is 3.45 billion dollars in 2020,

the CEO is Wei Vaino