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Shandong Gold Mining's Vice Chairman Resigns; Shares Down 7%

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Shandong Gold Mining's (SHA:600547, HKG:1787) vice chairman, Liu Qin, resigned due to work adjustment, according to a Hong Kong bourse filing on Monday.

The Chinese gold miner's Shanghai shares slumped 7%, while Hong Kong shares dropped 4% during Tuesday's morning trade.

The company has yet to name a new vice chairman, but proposed Wang Chenglong to be elected as a candidate for non-independent director position.

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