Shandong Gold Group Output May Gain 18% to 25 Tons

The Shandong Gold Group may increase mined output of the precious metal this year by 18 percent to 25 metric tons, Chairman Wang Jianhua told a conference in Shanghai today.

The group has invested 1.15 billion yuan ($173 million) on exploration in the five years ending this month, resulting in an expansion of deposits by 800 tons, Wang said.