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Production / Operations

Majestic Gold suspends operations at Songjiagou, Mujin

By The Northwire Desk — AI Analysis Feb 10, 2026 · 18:26 MJS · 0.19 Majestic Gold Corp.
MJS · Price

Executive Summary

  • Majestic Gold Corp. has temporarily suspended operations at its Songjiagou and Mujin gold projects in China following a directive from the Yantai Emergency Management Bureau.
  • The suspension affects all gold mining operations in the Yantai region, including Majestic Gold, due to a serious accident at an unrelated third-party mine in Zhaoyuan city on February 7, 2026.
  • Subsidiaries Yantai Zhongjia Mining Co. Ltd. and Yantai Mujin Mining Co. Ltd. have halted production in cooperation with the directive, pending an official written notice regarding next steps.

Key Details

  • Affected Assets: Songjiagou gold project and Mujin gold project.
  • Regulatory Action: Immediate cessation of all gold mining operations in Yantai ordered by the Yantai Emergency Management Bureau.
  • Trigger Event: A serious accident occurred on Feb. 7, 2026, at an unrelated third-party mining operation in Zhaoyuan city, Yantai.
  • Operational Status: Production has been halted at both Majestic Gold sites; the company is awaiting official written notice outlining resumption procedures.
  • Corporate Activity: Management is currently in South Africa attending the Mining Indaba 2026 and 121 Mining Investment Conferences to seek additional gold property acquisitions and joint venture opportunities.

Notable Quotes

  • "Operations at both Majestic Gold Corp.'s Songjiagou gold project and Mujin gold project have been temporarily suspended following notification from the Yantai Emergency Management Bureau that all gold mining operations in Yantai are required to cease immediately."
  • "Zhongjia and Mujin have fully co-operated with the directive and have halted mining operations accordingly."
Read the original news release →

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