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.
Despite weakening demand for iron ore from steel makers on slowing economy and construction works, and very week demand for cotton as the textile industry suffer, China continues to import massive amount of iron ore and cotton.
At a port in Qingdao,…