China's First-Half Gold Output Rises 15 Percent, Fastest Pace in a Decade

(Bloomberg) -- China, which may surpass the U.S. to
become the second-largest gold producer this year, mined 15
percent more of the precious metal in the first half as higher
prices prompted companies to boost output.

Production rose at the fastest pace in 10 years to 122.5
metric tons in the first six months, the China Gold Association
said on its Web site yesterday. Gold output in June was 23.6
tons, it said.


Read more at Bloomberg Commodities News