Date
17 October 2017

Record China gold production seen this year, paper says

Gold production in China is expected to rise to a record 430 metric tons this year, up 6.7 percent from a year earlier, China Securities Journal reported Tuesday, citing Du Haiqing, vice president of China National Gold Group Corp., China’s largest gold company. The country’s gold consumption was 832 metric tons in the first half, up 9.35 percent year on year. Consumption is expected to rise 20.2 percent to more than 1,000 metric tons this year, the report said.

– Contact HKEJ at [email protected]

TL/AC/RA

 

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