Citywire for Financial Professionals
Stay connected:

View the article online at

China’s gold holdings up 30% last year

Gold and precious metals:  today’s 10 top stories 

China’s gold holdings up 30% last year

Gold and precious metals:  today’s 10 top stories 

  • China’s gold holdings increased 30% in 2010 to $48.1bn says the State Administration of Foreign Exchange
  • Zimbabwe’s gold production is expected to increase by 35% to 15 tonnes this year
  • China United Mining Co will begin mining gold at the Tokhto deposit in Russia’s Far Eastern Magadan region in 2011
  • Aurora given three days to leave the gold mines in Orkney and Springs where it was operating
  • Impala Platinum to reduce staff at its loss-making subsidiary in Limpopo
  • The Shanghai Gold Exchange will raise margin requirements on gold and silver forward contracts from the settlement of 2 June
  • Crescent Gold has raised $8.84 million to help fund development of its projects near Laverton
  • Sumatra Copper & Gold (ASX: SUM) has appointed the experienced Julian Ford as chief executive officer
  • Kentor Gold (ASX: KGL) moves forward in Australia with an Inferred Resource estimate of 516,000 gold ounces at its Burnakura project
  • Brazil focused gold explorer Beadell Resources signs $75 million contract with Ausenco for Tucano project

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

The Citywire Guide to Investment Trusts

In this guide to investment trusts, produced in association with Aberdeen Asset Management, we spoke to many of the leading experts in the field to find out more.

Watch Now

Today's articles

Tools from Citywire Money

From the Forums

+ Start a new discussion

Weekly email from The Lolly

Get simple, easy ways to make more from your money. Just enter your email address below

An error occured while subscribing your email. Please try again later.

Thank you for registering for your weekly newsletter from The Lolly.

Keep an eye out for us in your inbox, and please add to your safe senders list so we don't get junked.


Trump talk and oil's fall knocks FTSE from high

by Daniel Grote on May 23, 2018 at 10:45

Sorry, this link is not
quite ready yet