Shandong Gold to buy Cardinal Resources for $221 million

There are very few figures coming out of China that you can rely upon, and this is particularly true of gold imports.

The miner has been among the most aggressive cost-cutters and plans to find a further $3 billion in savings this year.

The precarious conditions gold miners face daily have forced them to demand a swiftly approval of regulations.

The economy is really much worse than most people are prepared to admit. And this will have significant ramifications on various markets.

The second largest economy is poised to grab the title of world's top gold buyer from India

Every number that comes out of China lately is worse than the time before, says Bloomberg Industries’ Kenneth Hoffman.

Since the beginning of the industrial age, steel has been an essential raw material.

It's impossible to know precisely how much dark gold exists around the world, but we do know that it is enough to render "official" gold holdings insignificant.

The company said the move isn't an indication that the mine will close.