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.
According to China Iron and Steel Industry Association, some 77 major steel makers across mainland China earned a total profit of CNY 8.59 billion in July drop of 35.45%MoM. Profits of the 77 in the first seven months totalled CNY 65.21 billion.