Its 2015 revenues came in at $305 billion, with a net income of $573 million The company fell to 36th place on the list of the largest mining companies in 2017 from 26th in 2016
Gold Fields and Australia's Sino Gold Mining Ltd, have set up a joint venture focused on discovering large gold deposits in China with the potential to produce about 500,000 ounces a year Sino Gold has been buying stakes in Chinese gold deposits and explorers
Some of China’s leading gold mining companies include China National Gold Group Corporation, Shandong Gold, Zijin Mining Group and Hunan Gold Specialist detachments of China’s Army known as the Armed Gold Police Force are active in the geological surveying and exploration for gold across China
The oldest and largest gold mining company in China is the state-run China National Gold Group Corporation (CNGGC), which accounts for approximately 20% of the production in the country Other major mining companies operating in the country include Zijin Mining Group Co Ltd, Eldorado Gold, Sinovus Mining, and the Goldrea Resources Corporation
A handful of gold companies are in the red so far this year, notably China’s Shandong Gold, Canada’s Goldcorp and Russia’s Polyus Gold, the world’s eighth largest gold miner Some of last
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