Comments() 
Print 
Mail 
Large Medium Small
JINAN -- The Jiaodong Peninsula in East China's Shandong province is expected to become a world-class gold production base, a local gold producer said Sunday.
Leading domestic gold producer Shandong Gold Group Co Ltd announced in a statement that the company will build a gold production center, with an annual output of 100 metric tons, on the peninsula, which has gold reserves totaling 2,300 tons.
The company plans to increase its production volume over the next eight years, targeting an annual production value of more than 100 billion yuan ($16 billion).
The company will work to promote resources integration on the peninsula and enhance the province's fame for gold production, the company said.
Electric car industry in the slow lane
Gas license auctions get mixed reviews
Market flat, Japan-brand sales plummet
China initiates new exporter review for Nissan
Copyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
