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February 03, 2009 |
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Commodity Online
BEIJING : China Gold Association (GCA) on Tuesday said country’s gold output grew 4.26 percent year-on-year to 282.007 tones in 2008.
The provinces of Shandong, Jiangxi and Henan accounted for 46.4percent of the total.
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China overtook South Africa to become the world's largest gold producer in 2007, with 270.49 tones of gold output that year.
The CGA also reported that trading volume reached 868.39 billion Yuan (126.96 billion dollars) on the Shanghai Gold Exchange in 2008, up 174.84 percent from 2007.
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