Latest News:  
Beijing   Cloudy/Overcast    5 / -2   City Forecast

People's Daily Online>>China Business

Xinjiang gold production reaches record high


14:52, February 21, 2012

URUMQI, Feb. 21 (Xinhua) -- Gold production in northwest China's Xinjiang Uygur Autonomous Region reached a record-high volume of 12.1 tonnes in 2011.

Figures released by the Gold Administration Bureau of Xinjiang on Tuesday showed that last year's output increased by 15.18 percent from that of 2010.

As a major gold production area of the world's largest gold producer, Xinjiang has seen eight consecutive years of boosting gold production. It is expected that, in 2012, Xinjiang will produce about 14 tonnes of gold, also an increase of over fifteen percent.

Xinjiang has become the priority investment choice for China's domestic large gold enterprises. In 2011, Xinjiang had six gold enterprises with an annual production of over 500 kg and 20 with over 100 kg.

Xinjiang has 28 metallogenic gold mine belts and over 600 gold mine sites. The province's predicted gold resource amount is 207.48 tonnes.

China's gold consumption in 2011 reached 761.05 tonnes, representing a year-on-year rise of 33 percent, according to the latest data released by the China Gold Association. In 2010 its gold output reached 340.876 tonnes.


Leave your comment0 comments

  1. Name


Selections for you

  1. China's VP meets with parliament officials in Ireland

  2. Media members visit Fukushima nuclear plant ahead of quake anniversary

  3. Ice melting on Danube River in Belgrade

  4. Preparation for samba parade in Rio de Janeiro

Most Popular


  1. China, India should treat competition rationally
  2. China takes responsible attitude towards Syrian
  3. Admire Jeremy Lin for his skills, not the way he looks
  4. VP Xi's U.S. tour hailed as future-oriented landmark
  5. Vote on Syria resolution shows responsibility
  6. China's rise is opportunity for world
  7. China, US need healthy, stable military ties
  8. Promoting China-US relations needs open mind
  9. Promoting peace talks shows China's attitude
  10. European integration at crossroad

What's happening in China

Sing, dance and buy for New Year

  1. Relative held over deputy mayor's death
  2. Report bares unhygienic dishwashing factories
  3. Guangdong police net hundreds in raid
  4. Manmade bear bile waits approval for market
  5. Marriage invalid due to concealment of AIDs

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai