“China produced the most gold in the world in 2012, making it the largest producer for the sixth straight year, latest industry association data showed. China’s gold output increased 11.66 percent from a year earlier to hit a record high of 403.05 tonnes in 2012, the China Gold Association said Wednesday. The output was almost 100 times that of 1949, when the country produced just 4.07 tonnes, the association said. It attributed the increase to favorable government polices, which have put the industry on a fast track and made it a pillar industry in many of the country’s gold producing areas.”
http://www.china.org.cn/business/2013-02/07/content_27913116.htm
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