China gaining as biggest gold consumer
Now the top gold-producing nation, China, is also quickly gaining on India as the top-consuming country.
China gaining as biggest gold consumer Read More »
Now the top gold-producing nation, China, is also quickly gaining on India as the top-consuming country.
China gaining as biggest gold consumer Read More »
A dream of wealth in a far-off land has been turned on its head for hundreds of Chinese gold miners in Ghana. At least 169 of them were rounded up by the government this month.
Chinese miners on the run in Ghana Read More »
The scene at each of the four Chow Tai Fook stores dotting Causeway Bay’s Hennessy Road was the same: a rush of buyers snapping up jewellery, coins and other gold items.
Mainland Chinese buy billions in gold Read More »
Zijin Mining aims to complete one or two acquisitions this year and warned that the unit production cost at its mainstay gold mine will continue to rise owing to the deteriorating grade of ore.
China’s Zijin buys depressed mine shares Read More »
Another major Chinese acquisition could have been African Barrick Gold, Tanzania’s largest gold mining concern.
Chinese investment in African mines Read More »
An agreement signed by the government of Venezuela and the Chinese state-owned company Citic Group for prospecting and mapping the country’s mining reserves is being challenged.
China maps Venezuela’s mining resources Read More »
The Chinese Central Bank has been buying 40 to 70 tons of gold monthly for the past two years, perhaps more. It is unlikely that they are ditching and hedging their “junk bond” Treasuries out of sentiment.
China is not buying gold out of sentiment Read More »
Canada’s ambassador to China says money from the Asian country is likely to keep pouring into Canadian resource projects.
China investment in Canada increases Read More »
Last August, Canadian mining giant Barrick Gold, from whose African assets ABG was formed, confirmed it was talking to state-owned China National Gold.
Interview: African Barrick Gold’s Hawkins Read More »
The most important gold-related news to emerge from China last week was of surging gold imports. As has been the case over the last year, demand from China is likely to play a key role in supporting metal prices.
Gold market turns to China for support Read More »