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China 2006 Gold Production 240 Tons

February 19, 07 by IDEX Online Staff Reporter

China produced 240 tons of gold in 2006, an increase of 7.15 percent. The country plans to raise its gold production by 8 percent this year to 260 tons, according to the National Development and Reform Commission (NDRC).

 

The value of China's gold output totaled $6.625 billion in 2006, rising 34 percent as the price of gold in the markets hit a record high.

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