Anhui Province’s Gold Output Rose 10.9% in 2011
OREANDA-NEWS. February 17, 2012. Anhui province's gold output rose 10.9 percent from a year earlier to 18.01 tonnes in 2011, which was far above its full-year target, according to statistics from the China Gold Association.
The province climbed to the seventh place in China from the sixth last year in terms of gold production.
The province's fixed asset investment in the gold industry stood at 600 million yuan (USD 95.3 million) in 2011, up 20 percent year-on-year, the Anhui Gold Administration said.
Last year saw an increase of 1.000 kilograms in the province's gold production capacity.
The gold sector's industrial value-added output moved up 100 percent year-on-year to hit 3.34 billion yuan. Gold producers in the province generated 10.06 billion yuan and 1.3 billion yuan in sales revenue and profit, up 100.39 percent and 56.38 percent from a year earlier, respectively. All of the above indices hit an all-time high, the local gold administration said.
The gold sector's energy consumption per gross domestic product(GDP) dipped 5 percent year-on-year while its re-utilization rate of solid wastes topped 90 percent.
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