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Hedge Fund Ppm

Hedge Fund PpmHimfr.com Reports Leader gold industry

Support the development of the country's gold industry

As we all know, gold, and more products in general but there are also monetary attributes, there is an element of coverage and coverage, the state reserves. The main applications of gold precision instruments industry, the central bank reserves, jewelry and other crafts.

According to statistics, in 2005, gold mining production worldwide increased 1.4% to 2495 tonnes, while total consumer demand for gold is 4,000 tonnes, almost 2 times the output. gold industry will be the future of the global production of yellow, gold production on a large scale gold mining companies, internationally, the cost of mining and gold mining companies gold-oriented financial. Although the increase in recent years, the gold mine on a large scale, but the yellow 000 tonnes, nearly 2 times the production. gold industry will become the future gold and oil, copper and other nonferrous metals has increased compared to smaller increases, in part, is expected to remain difficult in 2006 as part of the global elimination of inflation, the depreciation of the dollar to continue the situation will continue to serve years in the future for a long period of time, gold is still in the price of gold.

The formation of an advanced exploration of gold-producing countries have the resources necessary to complete the development and use of technology systems, accounting for gold reserves to maintain the proportion of resources can be developed much more higher than China. gold industry of China over the past 20 years, and achieved rapid hair. Gold has always been strong support for industrial development in China, and supporting the management and development companies or large public enterprises, tax incentives remain at the same time, the management system of accelerate the reform process focused on the gold market. Gold mineral resources have been identified for protection from sexual exploitation of certain minerals, gold bullion to a person of authority by the state mining companies in gold mining instruments of ratification Gold, which is the development of gold industry of China is highly favorable. Gold production in China of large enterprises in the mining sector, production process and Xuanye protect the environment, almost foreign advanced level. Currently, the average cost of gold production in China U.S. $ 300 per ounce, close to world level.

Gold production in China and consumption in the fourth highest in the world, both market and production conditions of the two. As expected, the exploitation and production of gold in industrial management and continuous improvement, the industry is increasingly competitive. Currently, gold outpn fourth in the world, these two markets and ultrasound production up to 2.24 tons in 2006, the country plans to produce 240 tonnes of gold, a increase of 6.9% of 650 additional tons of gold reserves have increased by an increase of 100 ppm 4.84. "Eleventh Five-Year" period, the gold sector will deepen reform, expand opening up, scientific and technological progress, increased industry consolidation in the gold industry to pave the way for new to opportunities for rapid development.

Ten strategies for implementing the industry's leading construction

Zhongjin Gold in the domestic situation in the foreground. The next year, the company to seize the opportunity to participate actively and maintain stable and rapid development, and we try to control, in 2010, total assets of $ 50 million in gold resources total 200 million tons, an area of 2,000 square kilometers of mineral rights, the amount paid for the 20 tons of mines and smelters of the amount paid for 10 tons, the amount of the payment standard of 60 tonnes from domestic gold market higher 20%, 6 billion yuan of sales income and profits 600 million yuan;.

Posted on January 30, 2010.
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