World’s Largest Gold Producer Mine Supply Plummets

6:54 AM

First published by Money Metals here: https://www.moneymetals.com/news/2017/10/31/china-gold-mine-supply-plummets-001189

The world’s top gold producer saw its mine supply plummet by 10% in the first half of 2017. According to the GFMS World Gold Survey newest update, China’s gold production in 1H 2017 fell the most in over a decade. The fall in Chinese gold production is quite significant as the country will have to increase its imports to make up the shortfall in its mine supply.

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