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China's gold output up 5.89% in 2011

Feb. 1, 2012 (China Knowledge) - China's gold output increased 5.89% year on year to 360.96 metric tons last year, reflecting the highest level ever recorded, according to statistics released by the China Gold Association.

China maintained its position as the world's largest gold producer for the fifth consecutive year.

The top five gold producing regions in China were Shandong Province, Henan Province, Jiangxi Province, Fujian Province and the Inner Mongolia Autonomous Region, and their gold output accounted for 59.9% of the total.

China's top ten gold producers, including China National Gold Group Corp, Zijin Mining Group Co Ltd<601899><2899> and Shandong Gold Group, saw their combined gold output reach 184.02 metric tons, accounting for 50.98% of the country's total.

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