While China has historically led the way in global gold production, accounting for 13% of the world's production by June 2018, the... Wow, go us! While China has historically led the way in global gold production, accounting for 13% of the world's production by June 2018, the Australian gold sector is expanding rapidly.
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A recent discovery has shaken up the mining industry. A "supergiant" deposit of high-quality gold ore was uncovered in central China. According to Chinese state media, it contains an estimated at 1,000 metric tons (1,100 US tons) of the precious metal.If accurate, this massive reservoir could be the largest known deposit of gold left anywhere in the world.
Higher taxes on gold concentrate and ore imports would squeeze trading margins, two of the sources said, adding that sellers of these products already faced a difficult market over the past couple ...
This has required traders to closely monitor global trends. The varying preferences for specific types of ore have forced traders to adopt a more brand-differentiated approach, necessitating a deep understanding of global brand specifications and the technical performance of each iron ore product. Decarbonization
China's overwhelming dominance in these critical minerals has sent governments and industries scrambling to secure alternative supply chains. Both the U.S. and Europe have …
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According to GlobalData, China is the world's largest producer of gold in 2023, with output down by 1.09% on 2022. Over the five years to 2022, production from China …
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In China's Hunan province, the country's largest ever gold deposit has been discovered. The find, estimated to contain over 1 000 tons of gold worth with an estimated …
53 views. Iron ore prices tumbled over 15% in 2024, raising alarms across global markets. What's driving this collapse? From China's weak demand and oversupply concerns to the failure of government stimulus efforts, we …
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Shipments of precious metals ore and concentrate excluding silver to China hit a six-month low in September, trade data showed. It dropped 22.4% to 201,004.9 metric tons …
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This week, the critical minerals market was dominated by China's implementation of an export ban on gallium, germanium, and antimony to the U.S., escalating trade tensions and spotlighting vulnerabilities in American supply chains. The ban, which could reduce U.S. GDP by $3.4 billion, underscores China's strategic dominance in critical minerals essential for …
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The Geological Bureau of Hunan Province has announced the discovery of a massive gold deposit in central China's Pingjiang County. The newfound Wangu gold field contains over 40 gold veins and holds reserves estimated at more than 1,000 tonnes, with a value of approximately 600 billion yuan ($83 billion).
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China is already the biggest producer of gold in the world, accounting for around 10% of global output in 2023, according to Reuters. However, the country still uses more gold …
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Scientists in China have uncovered a "supergiant" deposit of high-quality gold ore hidden near some of the country's existing gold mines. The vast reserve, which could be the …
The significant discovery in Pingjiang County reveals more than 40 gold ore veins, some stretching beyond 3,000 meters deep. As the world's leading gold producer, contributing 10% …
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Orogenic gold ore is a type of gold ore that is formed by the deformation and metamorphism of pre-existing rocks, such as sedimentary rocks or volcanic rocks. It is often associated with quartz veins or shear zones. The processing of orogenic gold ore involves crushing the ore to a fine powder, which is then mixed with water to form a slurry.
China's strategic reserves of critical minerals, including copper and nickel, are estimated to be more than 35% to 133% of the country's annual demand. This substantial …
Chinese geological authorities have discovered a massive gold deposit containing over 1,000 tonnes of gold worth $83 billion in Hunan Province's Wangu field, with high-grade …