Top 10 gold-producing countries in 2011
- By Zhang Junmian
0 Comment(s)
Print
E-mail China.org.cn, February 13, 2012
China 中国
|
|
|
China was the world's biggest gold producer in 2011. [tour.jschina.com.cn] |
Mine Production 2010: 345 tonnes
China was the world's biggest gold producer in 2011. The country produced 355 tonnes of gold in 2011, a 2.9 percent increase compared to 2010. According to the China Gold Association, China's gold output reached a record high of 360.96 tonnes in 2011, cementing its top global ranking for the fifth consecutive year. In 2007, the country replaced South Africa as the world's largest gold producer. China has about 6,328 tonnes of explored gold reserves, ranking it 3rd in the world in this respect. Its gold deposits are largely concentrated in the eastern areas of the country, but in recent years, western provinces such as Guizhou and Yunnan have also seen their annual output increase.
In 2011, the five provincial-level regions of Shandong, Henan, Jiangxi, Fujian and Inner Mongolia, contributed 59.9 percent of the country's total gold output. About 184 tonnes of gold, or some 51 percent, were produced by the top ten Chinese mining companies, including China National Gold Group Corporation and Zijin Mining Group Co., Ltd.. GFMS Ltd., (formerly Gold Fields Mineral Service), a leading independent precious metals consultancy, predicted in January that China would surpass India as the world's biggest gold consumer in the first half of 2012.
Go to Forum >>0 Comment(s)