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February 8, 2013

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6 years of sparkling production

CHINA produced the most gold in the world in 2012, making it the largest producer for the sixth straight year, latest industry association data showed.

China's gold output rose 11.66 percent from a year earlier to a record high of 403.05 tons last year, according to the China Gold Association.

The output was almost 100 times that of 1949, when the country produced just 4.07 tons, the association said.

It attributed the gain to favorable government polices, which have put the industry on a fast track and made it a pillar in many of the country's gold producing areas.

The country's top 10 gold producers, including Shandong, Henan and Jiangxi provinces, accounted for 82.71 percent of the total national output last year.





 

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