Gold mining in China Wikipedia

The country's oldest and largest gold producer is the China National Gold Group Corporation (CNGGC), which accounts for 20% of total gold production in China and controls more than 30% of domestic reserves. CNGGC also controls Zhongji Gold, the first publicly listed gold mining company in China.

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China iron ore prices rise on global supply concern, but

But iron ore prices have pulled back in recent weeks amid signs that the supply crunch is easing, with Brazil's iron shipments to China having risen recently. FUNDAMENTALS * Benchmark spot 62% iron ore for delivery to China was steady at $91.50 a tonne on Thursday, having rebounded from its lowest in more than four months, hit early this week.

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China Buying Gold Gold News BullionVault

First, look where China stands as a goldproducing nation. In 2008, China produced 9,070,000 ounces of gold, exceeding all other countries. Further, its production continues to rise, while many of the topproducing countries are in decline. Second, China had the lowest percapita gold consumption of any country over the past halfcentury.

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Gold Price China

Gold Price China. As the worlds second largest economy, China plays a very important role in global trade. China has also become the worlds largest gold market, and demand for gold in the country could potentially continue to increase.

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