| China National Gold Group Corp. became a member of the World Gold Council as the country’s bullion mining and market expands. The company is the only member from China and joined the council’s board, according to a statement on the producer-funded group’s website. The WGC has 18 members, including Barrick Gold Corp., the world’s largest producer.
“The rapid expansion of China’s gold mining industry has been astonishing,” Randall Oliphant, the council’s chairman, said in the statement. “The country’s growing consumer base combined with easy access to gold is reflected in the remarkable growth in gold demand in the past decade, which is set to continue.”..............................................Full Article: Source
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