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China gold production seen falling, prompting more imports
China Gold Output Growth to Slow to Less Than 1% By 2018, BMI Says
By Jan Harvey
Reuters
Friday, October 17, 2014
LONDON -- Growth in gold mine output from No. 1 producer China is set to slow significantly in coming years in the face of declining ore grades and waning profitability, analysts Business Monitor International said on Friday.
Lower mine production will pave the way for rising imports to meet persistent strength in demand from Chinese consumers, BMI analyst Xinying Chia said, while domestic mining companies will also look overseas to boost production. ...
... For the remainder of the report:
http://www.reuters.com/article/2014/10/17/china-gold-mining-idUSL6N0SC2O...
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