China hungry for gold

ZIJIN Mining group chairman Chen Jinghe anticipates Chinese gold demand to rise next year, increasing to $US1200 ($A1730) an ounce.

According to financial daily Business Recorder, Chen said the government was expected to increase reserves of the precious metal, with jewellery manufacturing and purchases also fuelling demand.

  • NEW: Digital version of PNG Report magazine - View here
  • Porgera: Barrick-PNG talks go on - Read more
  • Follow the companies investing in the PNG market - Read more

Most read Regions