China's gold miner faced increase in profits due to high gold price

Note: This section contains information in English only.
Source: BBC
China's miner, Zijin, announced it expects about 20% increase in profit for 2011 due to constantly growing gold price. The company estimated its annual profits as 5.8 billion Yuan for 2011 as compared to 4.8 billion Yuan in the preceding year. Gold price jumped more than 30% in August before declining at the end of 2011.


Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.