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China: Major Precious Metal Silver Holder.

China currently owns 116,500 tons of silver reserves, the sixth largest in the world, following the United
States, Canada, Mexico, Australia, and Peru, according to the China Gold
Association.

There are 569 silver mines in China, and eastern China's Jiangxi Province owns the largest reserves, contributing 15.5% to the country's total. Other major silver mines are located in Yunnan, Inner Mongolia, Guangxi, Hubei and Gansu.

In China, 80% silver ores occur as associated mineral material in
copper, lead and zinc mines.


Posted by Barry Gutwein on March 19, 2006 1:17 PM in Precious Metals | Comments (15)

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