Commodities Buzz: Chinas Gold Mining Output Slips Almost 3% In First Quarter Of 2018

Gold mining output in China fell almost 3% in the first 3 months of 2018 compared with the same period last year, according to new data. That extends the 6% annual drop recorded in 2017 according to the latest statistics from government-backed body the China Gold Association (CGA). The worlds No.1 gold-mining nation produced 98.2 tonnes in the first quarter, the CGA said, down from over 101 tonnes a year earlier.