ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond

Go Back   ManagementParadise.com Forums > Management Students Voices ( MBA,BMS,MMS,BMM,BBA) > General Talks

China gets silver for gold production

Discuss China gets silver for gold production within the General Talks forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; ...

Reply

 

Thread Tools Display Modes
Advertisements
China gets silver for gold production
Old
 (1 (permalink))
anant1a
anant1a will become famous soon enoughanant1a will become famous soon enough
 
anant1a
Ghatkopar, Mumbai
Status: Offline
Posts: 1,021
Join Date: Sep 2007
Arrow China gets silver for gold production - January 31st, 2008

China gets silver for gold production

Commodity Online
BEIJING: China could only finish second in the race for topmost gold producer of the world last year and had to contend with ‘silver medal’ as South Africa retains the ‘gold medal’.

According to statistics from the China Gold Association, China produced 270.29 tons of gold last year, up 12.67 percent from 2006, which made it the world’s second largest bullion producer.

However,China was just two tons behind the largest producer, South Africa, whose output was a little over 272 tons in 2007.

According to the National Development and Reform Commission, from 2006 to 2010, China’s gold production target is 1,300 tons. During that period, China also aims to increase its gold base reserve by 3,000 to 3,500 tons.

South Africa has been the biggest gold producer since 1905. Analysts said, China was expected to overtake the African nation as the world number one by 2010.
Advertisements


[b][i]




“Statistics are like a Bikini.
What they reveal is Suggestive,
but what they Conceal is VITAL.”




Friends: (3)
Reply With Quote

Reply

Bookmarks

Tags
china, gold, production, silver

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off


» Login
Forgot Password?  New User?
  

» Recent Threads

Unemployment Benefits...
Last post by Maya Raichura
2 Hours Ago 09:10 AM
Groups urge Kerry to...
Last post by Maya Raichura
14 Hours Ago 09:10 PM
ICC World Twenty20 India...
Last post by Dharmik Moni
14 Hours Ago 08:39 PM
Vice-Chancellor...
Last post by Bhautik Kawa
14 Hours Ago 08:34 PM
CSCP Study Material -...
Last post by Hassan ElMeligy
14 Hours Ago 08:30 PM

» Ads


ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2016 Management Paradise. A Management Paradise Venture