China produces 254.55 tonnes of gold
Friday, 18 December 2009
BEIJING, Dec 17 (Commodity Online): World's largest gold producer, China's gold output increased by 31.47 tonnes or 14.10 per cent year on year to 254.55 tonnes in the first ten months of this year.
In a statement issued here, China's Ministry of Industry and Information Technology said in October alone, China produced 26.35 tonnes of gold.
In the period from January to October, China gold mines produced 211.60 tonnes of gold, up 14.70 per cent year on year, while by-product gold from non-ferrous smelters grew11.25 per cent to 42.96 tonnes, said the ministry.
In the same period, China's top five gold producers, including China National Gold Group Corp and Zijin Mining Group Co Ltd saw output rise 10.93 per cent from a year earlier to 100.61 tonnes, accounting for 39.53 per cent of the country's total.
The gross industrial output value of the gold industry climbed 7.40 per cent year on year to 107.9 billion yuan in the period, while the sector's profit dropped 0.49 per cent to 10.69 billion yuan.
In a statement issued here, China's Ministry of Industry and Information Technology said in October alone, China produced 26.35 tonnes of gold.
In the period from January to October, China gold mines produced 211.60 tonnes of gold, up 14.70 per cent year on year, while by-product gold from non-ferrous smelters grew11.25 per cent to 42.96 tonnes, said the ministry.
In the same period, China's top five gold producers, including China National Gold Group Corp and Zijin Mining Group Co Ltd saw output rise 10.93 per cent from a year earlier to 100.61 tonnes, accounting for 39.53 per cent of the country's total.
The gross industrial output value of the gold industry climbed 7.40 per cent year on year to 107.9 billion yuan in the period, while the sector's profit dropped 0.49 per cent to 10.69 billion yuan.