Gold output rises
Source: Xinhua |
December 2, 2010, Thursday
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Print Edition
Print Edition
CHINA'S gold output rose 8.83 percent annually to 277.02 tons in the first 10 months of the year, the Ministry of Industry and Information Technology said yesterday.
China's 10 major gold companies - including China National Gold Group Co, Zijin Mining Group Co, Shandong Gold Group Co and Shandong Zhaojin Group Co - produced 135.02 tons, or 48.74 percent, of the total, the ministry said in an online statement.
Gold companies reported a combined net profit of 19.22 billion yuan (US$2.88 billion) in the 10 months, up 79.7 percent annually, with profit in October at 2.4 billion yuan.
China's 10 major gold companies - including China National Gold Group Co, Zijin Mining Group Co, Shandong Gold Group Co and Shandong Zhaojin Group Co - produced 135.02 tons, or 48.74 percent, of the total, the ministry said in an online statement.
Gold companies reported a combined net profit of 19.22 billion yuan (US$2.88 billion) in the 10 months, up 79.7 percent annually, with profit in October at 2.4 billion yuan.
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