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.
BHP Billiton is confident about sustained growth in China despite the worldwide market turmoil, Chairman of the world’s biggest miner said on Wednesday.
Speaking at a business lunch in Sydney, BHP Billiton Chairman Jacques Nasser said the global market turmoil has not changed the company’s view of sustained growth in China.
China buys about 30 percent of BHP’s exports, and Nasser says the company is positive about China’s future.
