In 2006, Chinese mines produced 240 tonnes of gold, about 10 per cent of global production, and up from 224 tonnes in 2005. Output was just 11 tonnes behind Australia, the world's third largest gold producer. So far this year, gold output is up 13.10 per cent from last year, and reports indicate steady growth over then next five years.
China has emerged as the world's 2nd largest gold producer and is all set to challenge South Africa's number one position.
British Geological Survey accessed in September 2011 produced a list of countries by production of gold.
China produced the most gold in world last year, making it the largest producer for the sixth straight year even as it remained the second largest consumer of the yellow metal after India.
Dallas is where JFK was murdered. It is also the home of the Gas Money Garage. And a city where 'big things happen'.
Lots of family connections, folks...
China produced the most gold in world in 2012, making it the largest producer for the sixth straight year even as it remained the second largest consumer of the yellow metal after India.
He is Russia's third richest person. This 6 feet 8 inches 'giant' has survived many scandals, and currently sits on an empire worth $18 billion (about Rs 95,300 crore). On Monday, he told the media in Moscow that he was taking the most important decision of his life.
Take a look at the star arrivals at Ramesh Taurani's pre-Diwali bash.
What is the best commodity to invest in these days?