Hunan Gold shares surge after large deposit found in China
The Geological Bureau of Hunan Province said on Thursday that it had detected more than 40 gold veins containing an estimated 300 tons of the precious metal.
China’s National Development and Reform Commission on Thursday approved a coal mining project in northern Chinese province Shaanxi with an annual production capacity of 10 million tonnes.
The project, owned by a coal subsidiary of Shaanxi Yanchang Petroleum Group, involved a total investment of 12.43 billion yuan ($1.92 billion).
($1 = 6.4705 yuan)
(By Muyu Xu and Shivani Singh; Editing by Tom Hogue)
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