China’s gold out­put drops in H1

Global Times US Edition - - BIZUPDATE -

China’s gold out­put dropped in the first half of this year due to stricter rules on solid waste from pro­duc­tion and shrink­ing re­serves.

A to­tal of 206.54 tons of gold was pro­duced in Jan­uary-June, down 9.85 per­cent from a year ago, the Xin­hua News Agency re­ported Sun­day, cit­ing the China Gold As­so­ci­a­tion.

Among the to­tal, 178.46 tons were the min­eral gold, while 28.08 tons were a byprod­uct of non­fer­rous metal smelt­ing.

The 10 top gold pro­duc­ers ac­counted for 53.24 per­cent and 39.74 per­cent of the coun­try’s to­tal re­fined gold and gold min­eral out­put re­spec­tively, ac­cord­ing to the as­so­ci­a­tion.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.