Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.28

+3.8%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: long-gone who wrote (25760)	1/9/1999 7:57:00 PM
From: lorne	Read Replies (1) of 116790

China's Gold Industry Lifts Profit 47 Percent in 1998 BEIJING, Jan 8 (AFP) - China's gold industry boosted profit 47 percent from a year earlier to one billion yuan (120 million dollars) in 1998, official media reported Saturday. Total gold production reached 172.8 tonnes last year, the China Daily quoted Gold Bureau director Wang Dexue as saying. "The gold industry will make every effort to produce 175 tonnes of gold and earn a profit of 1.2 billion yuan (140 million dollars) this year," Wang said. China cut its domestic gold prices last year to bring them in line with the international market, cutting industry profits by more than one billion yuan (120 million dollars). The industry had tried to improve management and cut production costs in order to make up the shortfall, the paper said. chinatimes.com.tw Click on english news left column then scroll down to business.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next