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China consolidating position as world No.1 gold producer

Posted on 06 January 2009

From Mineweb.com: China’s gold output is still rising, but probably at an insufficient rate to counter the falls in production elsewhere in the world. China’s Ministry of Industry and Information Technology has released figures for the country’s gold output in November showing that production for the year to end-November reached 246.51 tonnes.

With South African output continuing to decline, this will have consolidated China’s position as the world No. 1…. Full Article: Source


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VRS - who has written 37533 posts on Opalesque Commodities Briefing.


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