Chinese Gold Transactions Hit New Highs

Source: Xinhua News (6/13/11)

"New record makes China the world's largest gold-producing country for four consecutive years."

Xinhua News

A total of 604.61 metric tons of spot goods of gold changed hands at the Shanghai Gold Exchange last year, ranking China the first in the world in terms of annual gold transaction volume, according to the China Gold Association.

China produced 340.876 metric tons of gold in 2010, remaining the world's largest gold production country for the fourth consecutive year.

Global demand for gold totaled 2,778.6 metric tons in 2010, including 783.4 metric tons from India, 571.51 metric tons from China and 180.9 metric tons from the United States.

Silver-Gold Co. Announces Drilling Plans for Massive BC Project
Source: Streetwise Reports (04/25/2024)

Dolly Varden Silver Co. announces its plans for its 2024 drilling program at its 100%-owned Kitsault Valley project in British Columbia's Golden Triangle. Read to see why one newsletter writer says the stock is a "core silver holding for us."

Gold Co. Set To Drill 15,000 Meters at Golden Triangle Property
Source: Streetwise Reports (04/24/2024)

Seabridge Gold Inc. announced a 15,000-meter core drilling campaign for this year at its 100%-owned Iskut property in northwest British Columbia's Golden Triangle. Find out why one newsletter writer says this company should be a core holding in your portfolio.

Expert Says Copper-Gold Co. Is a Strong Buy
Source: Michael Ballanger (04/24/2024)

Michael Ballanger of GGM Advisory Inc. explains why he believes Vortex Metals Inc. is a Strong Buy.

Is a Gold and Silver Correction Underway?
Source: Clive Maund (04/24/2024)

After a drop in gold and silver on Monday, Technical Analyst Clive Maund reviews the precious metals' charts to explain why he believes it may be a good time to start adding to positions across the sector

Barrick's Production Miss Not So Bad?
Source: Adrian Day (04/24/2024)

Global Analyst Adrian Day looks at more first-quarter results from some resource companies, as well as some positive exploration results that, according to him, could extend a mine's life.