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China Daily Website

Xinjiang hits golden jackpot

Updated: 2013-05-21 16:24
By Wang Qian ( chinadaily.com.cn)

A goldmine with a potential economic value of 20 billion yuan ($3.3 billion) was discovered in the Xinjiang Uygur autonomous region, Xinjiang Daily reported on Tuesday.

The mine is expected to go into production before 2015, producing 3 metric tons of gold and 5,000 tons of copper every year, said Chen Nong, president of the Hainan Meisheng Group, adding the annual output value may pass 1 billion yuan.

The report said roads towards the mine are under construction.

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