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    gold investing

    Chinese gold miner Zhaojin sees higher 2010 profits

    Investing News Network
    Jan. 24, 2011 02:30AM PST
    Precious Metals

    Reuters reports Chinese gold producer Zhaojin Mining Industry (HKG:1818) expects to post significantly higher profits in 2010 due to increased output and a higher selling price for gold.

    Reuters reports Chinese gold producer Zhaojin Mining Industry (HKG:1818) expects to post significantly higher profits in 2010 due to increased output and a higher selling price for gold.

    The market news is quoted as saying:

    The profit forecast was based on unaudited financial results for the year ended Dec. 31, 2010, it said in a filing to the Hong Kong stock exchange.

    Click here to access the entire news

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