日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Domestic

China Gold looks overseas

By Meng Jing and Zhang Qi (China Daily)
Updated: 2010-11-18 10:37
Large Medium Small

China Gold looks overseas

A worker operates a drill in a gold mine in El Callao, Venezuela. China National Gold Group Corporation is looking for gold resources in Congo, Brazil, Russia, Venezuela and Mongolia. [Photo/Bloomberg] 

Country's largest producer targets Brazil, Russia, Venezuela, Mongolia

TIANJIN - China National Gold Group Corporation (CNGGC), the country's largest gold producer, will increase its annual capacity to 50 tons in five years, out of which 30 to 40 percent will be produced overseas, a company official said on Wednesday.

The company is looking for overseas resources and aims to expand its foreign output to 20 tons by the end of 2015, Du Haiqing, vice-president of CNGGC, told China Daily at a mining conference in Tianjin.

"We are looking for gold resources in Congo, Brazil, Russia, Venezuela, and Mongolia, and most of them are in the early stage of geological exploration," Du said.

He said the company is fairly cautious about overseas investment but is also "active and steady".

China Gold International Resources Corp, the overseas-listed arm of CNGGC formerly known as Jinshan Gold Mine, started the subscription for its IPO in Hong Kong on Wednesday, aiming to raise up to HK$2.4 billion ($309 million).

Proceeds from the offering will be used to boost production capacity, acquire overseas gold and nonferrous metal resources, and replenish working capital. As much as 30 percent of the offering will be used in overseas investment, the company said.

Du said the company's bullion output will reach a record 32 tons this year, up from 28 tons in 2009, to cash in on growing demand for the yellow metal in China.

With around 70 mines across China, the company produces 10 percent of the country's gold, and its deposits will reach 1,300 tons this year, up from 275 tons in 2006.

China Gold looks overseasShale gas lures oil majors
Related readings:
China Gold looks overseas Chinese govt mulls higher gold reserves
China Gold looks overseas China Gold International to raise $250-300m
China Gold looks overseas China Gold plans up to $311m HK IPO
Bullion investments have risen sharply in the past few months as the realty market turned bearish.

China, the biggest gold producer and third-largest gold consumer in the world, is expected to report higher output this year, Du said, adding that the country's gold output has already surpassed 320 tons this year.

The nation's gold output in 2009 increased 11.3 percent year on year to 313.9 tons, and accounted for 13 percent of global gold production.

Global demand for gold surged 12 percent year-on-year to 922 tons in the third quarter, driven by higher demand from India, China, Russia and Turkey, according to a report by the World Gold Council (WGC) released on Wednesday.

Total demand will be driven by Indian and Chinese consumption, as well as higher demand for gold jewelry in the key Indian market. Additionally, ongoing concerns over fiscal imbalances allied to currency tensions will continue to support investment demand for gold, the WGC said.

 

主站蜘蛛池模板: 国产精品久久免费 | 国产精品视频 | 国产日韩欧美视频 | 精品国产一区二区三区久久狼黑人 | 亚洲欧美国产精品专区久久 | 色区视频 | 激情区 | 国产精品不卡一区 | 国产精品91在线 | 日韩在线无 | 亚洲美女黄色 | 在线中文视频 | 深夜视频在线观看 | 天天干天天干天天干 | 91在线高清视频 | 神马影院一区二区三区 | 91欧美精品| 免费特级黄毛片 | 国产精品九九视频 | 五月婷在线观看 | 义姐是不良妈妈在线观看 | 国产精品久久一区 | 免费观看黄色一级视频 | 特级黄色录像 | 欧美一级淫片免费视频黄 | 亚洲男女天堂 | 色综合天天综合网天天狠天天 | 综合久久综合久久 | 天天摸天天摸 | 色婷婷国产精品综合在线观看 | 午夜视频精品 | 中文av字幕 | 91精品国产乱码久久久久 | av中文在线观看 | 日韩99 | 亚洲最大福利视频 | 秋霞欧美一区二区三区视频免费 | 久久久久久中文字幕 | 亚洲三级a | 国产精品午夜视频 | 亚洲在线精品 |