China Gold Production Reached 313.98 Tons Increased 11.5 Percent



February 7th, 2010 | File Under : Companies - Gold - Mineral Exploration - Mining Exploration - Trade & Market

Official Xinhua news agency reported China’s domestic gold production increased year reached 313.98 tons increased 11.34 percent. China’s domestic gold production from the mine site located in the province of Shandong, Henan, Jiangxi, Fujian and Yunnan. Gold production from the five provinces to reach a total 59.48 percent of China’s domestic gold production.

Increased gold production from year to year, placing China became the largest gold producer in the world. For three consecutive years ranked as China’s first world gold production. China’s gold production beyond the South African gold production.

China gold mining companies are able to produce 148.55 tons to 47.31% of total Chinese production.

China Gold Association reported a few gold mines have been closed and combined gold mining companies into a single small gold mining companies. In 2002 the government of China combines some 1,200 small gold mining company, until 2009 lived in 700 small gold mining companies.

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