Tuesday, February 11, 2014 2:18:27 PM
By AFP | 11 Feb, 2014, 02.36PM IST
BEIJING: China's gold consumption soared 41.36 percent in 2013,
industry data showed, with state media reporting Tuesday the
country has probably overtaken India as the world's largest consumer of the precious metal.
Last year, China consumed 1,176.4 tonnes of the yellow metal,
the China Gold Association said in a statement.
The surge in demand was partly led by frenzied purchases by
"middle-aged" "bargain-hunting" Chinese women who bucked the
international market trend of falling prices to get cheap
deals, the official Xinhua news agency said Tuesday.
In the first three quarters of 2013, China's demand for gold
totalled 779.6 tonnes, compared with India's 714.7 tonnes,
according to figures previously released by the World Gold
Council.
The British-based WGC usually publishes its full-year Gold
Demand Trends report in February.
Demand for jewellery and bullion made up the lion's share of
China's consumption last year, rising 42.52 percent and
56.57 percent respectively to 716.5 tonnes and
375.7 tonnes, the CGA figures showed.
Analysts expect sales of gold bars and jewellery to keep rising
in the next three to five years on the back of increasing
Chinese incomes, Xinhua said.
Note. all producers on the list have higher gold prod. cost than
Caledonia Mining's low prod. cost @ $554/oz -
or a dividend every quarter as Caledonia paying to
the shareholders -
Fyi. do a dd...for a low cost gold mines producer with
very low labour cost and taxes....
Caledonia Mining Corp. -
CALVF:NASDAQ - TSE:CAL - CMCL Aim London -
“Cash costs at the Gold mine are running
at $554/oz - one of the lowest cost -
gold producers in the world -
which positions the company well to keep
generating cash to self-fund expansion and
paying dividends every quarter to shareholders -
CAL has more than $25 million in cash in
Western London banks and NO DEBT -
http://www.commodity-tv.net/c/mid,21943,Mines_und_Money_London_2013/?v=252888
http://www.brrmedia.co.uk/event/119251/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=95869580
CALVF employ more than 1000 happy miners -
who got 15% ownership in Blanket Gold Mines -
the miners work very good for they work
for them self -
Kingdoms of Africa - Great Zimbabwe -
http://www.youtube.com/watch?v=AyKrTdv-t4E
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96263045
The ruins of Great Zimbabwe – the capital of the Queen of Sheba -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67548731
Au-Kingdom -
E.g.,
http://whc.unesco.org/en/list/364/video
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96354613
God Bless
Recent CMCL News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/23/2024 10:00:08 AM
- Caledonia Mining Corporation Plc: Fatal accident at Blanket Mine • GlobeNewswire Inc. • 09/23/2024 06:00:00 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/23/2024 04:15:07 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/19/2024 10:00:07 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/19/2024 10:00:06 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 08/19/2024 06:00:00 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 08/19/2024 06:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2024 10:00:11 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 08/15/2024 06:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/12/2024 03:32:56 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/12/2024 10:00:08 AM
- Caledonia Mining Corporation Plc Results for the Quarter ended June 30, 2024; Details of Investor Presentation • GlobeNewswire Inc. • 08/12/2024 06:00:00 AM
- Form F-3 - Registration statement by foreign private issuers • Edgar (US Regulatory) • 08/09/2024 08:12:39 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/06/2024 10:00:05 AM
- Caledonia Mining Corporation Plc: Notice of Results and Investor Presentation • GlobeNewswire Inc. • 08/06/2024 06:00:00 AM
- Caledonia Mining Corporation Plc: Publication of 2023 ESG Report • GlobeNewswire Inc. • 08/01/2024 06:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/25/2024 10:00:11 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 07/25/2024 06:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/23/2024 10:00:13 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 07/23/2024 06:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/22/2024 10:00:12 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 07/22/2024 06:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/19/2024 10:00:09 AM
- Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder • GlobeNewswire Inc. • 07/19/2024 06:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/15/2024 05:50:06 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM