China`s gold output up 9.5% in H1 at 211 metric tons
Source: www.chinamining.org Citation: China Knowledge Date: July 24, 2014
China saw its gold output increase by 9.47% year on year to 211.07 metric tons (MT) in the first half of this year, according to statistics released by China Gold Association.
In the first six months of this year, gold mines in the country produced 169.05 MT of gold, 6.15% more than in the same period of 2013.
Meanwhile China`s nonferrous smelters produced 42.02 MT of colored-by-product gold in the first six months, reflecting a year on year increase of 25.22%.
In the first half of this year, China`s gold consumption decreased 19.38% year on year to 569.45 MT.
426.17 MT of gold were made into jewelry in the first six months, up 11.02% year on year, and 105.58 MT were used for gold bars, a decrease of 62.13% year on year.
Meanwhile, a total of 10.95 MT were made into gold coins in the period, declined 44.3% from a year earlier.
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