China Gold Mining Market Analysis including Reserves, Production, Production Forecasts, Operating, Developing and Exploration Assets, Key Players and the Fiscal Regime including Taxes and Royalties, 2019-2024

Pages: 44 Published: December 31, 2020 Report Code: GDMMG0046MR

China is the world’s largest gold producer and consumer. It had a total of 2,000 tonnes (t) gold reserves as of January 2020, accounting for 4% of the global reserves. China’s gold production has been negatively affected by the COVID-19 pandemic in Q1 2020, and together with the impact of the trade war with the US and strict environmental regulations, the production is expected to fall by 7% in 2020. China’s gold consumption is mainly meant for jewellery use, representing 73% of total gold consumption, while the remaining 27% was used for bars and coins. The overall consumption is expected to contract by 14.2% in 2020, due to a strong increase in gold prices, along with heavy impact of pandemic over the beginning of the year. The restrictions imposed by the Chinese government over gold, has subdued the country’s value of imports with a fall of 4.1% in 2019.

Scope

The report contains an overview of China’s gold mining industry along with a scope of domestic demand which mainly consists of jewellery and bar and coins consumption. It also provides detailed information on reserves, gold production, production by company, major operating mines, competitive landscape, major exploration and development projects and gold prices.

Reasons to Buy

To gain an understanding of Chinese gold mining industry and its domestic demand

Comprehensive evaluation of the impact of COVID-19 on the China’s gold mining industry

To understand historical and forecast trend on China’s gold production

To assess the key gold players in Chinese gold mining industry

To gain an understanding of major active, exploration and development projects in China

To understand the domestic gold demand for jewellery and bar and coins use.

Key Players

China Gold international Resources Corp. Ltd
Shandong Gold Mining Co. Ltd and Zijin Mining Group Co. Ltd

Table of Contents

1 Executive Summary

2 Reserves, Production and Prices

2.1 Gold Reserves by Country

2.2 China Gold Production

2.3 Production by Company

2.4 Gold Prices

3 China Gold Assets

3.1 Active Mines

3.2 Exploration Projects

3.3 Development Projects

4 China Gold Consumption and Trade

4.1 Domestic Consumption

4.2 China Imports

5 Major Demand Drivers

5.1 Demand from Chinese Jewellery Market

5.2 Demand for bar and coins

6 Major Gold Producers

6.1 Mines and Projects by Company

6.2 Revenue by Company

6.3 Company Profiles

China Gold International Resources Corp. Ltd

Zijin Mining Group Co. Ltd

Shandong Gold Mining Co. Ltd

7 China Fiscal Regime

7.1 Governing Bodies

State Council

Ministry of Natural Resources (MNR)

National Development and Reform Commission (NDRC)

National Energy Administration (NEA)

Department of Resource Conservation and Environmental Protection

Ministry of Ecology and Environment

China Geological Survey

7.2 Laws, Regulations, Rights and Obligations

Mineral Resources Law

Mining License

Mining Fees Exemption

Mining License Validity

Area Forbidden for Mining

Regulations on administration of geological data

Coal Law

Establishment of a Coal Mining Enterprise

Law on Safety in Mines

Environmental Protection Law

Energy Conservation Law

Foreign Investment Law (FIL)

Exploration and Mining Rights

Obligations

7.3 Taxes and Payments

Resource Tax

Environmental Protection Tax

Consumption Tax

Value Added Tax (VAT)

Land Appreciation Tax

Corporate Income Tax

Commodity Export Tax

Withholding Tax

Export Tax Rebate

Deed Tax (DT)

Stamp Tax

8 Appendix

8.1 Abbreviations

8.2 Methodology

8.3 Coverage

8.4 Secondary Research

9. Contact Us

List of Tables

Table 1: China Gold Mining – Top Active Mines in China by Gold Reserves (Million Ounces), 2020

Table 2: China Gold Mining – Gold Reserve by Major Country (Tonnes), as of January 2020

Table 3: China Gold Mining – Historical and Forecast China Gold Production (Thousand Ounces), 2004–2024

Table 4: China Gold Mining – Production by Major Company (Thousand Ounces), 2018–2020

Table 5: China Gold Mining – Average Quarterly Gold Prices (US$/Ounce), Q1 2015–Q3 2020

Table 6: China Gold Mining – Active Mines, 2020

Table 7: China Gold Mining – Exploration Projects, 2020

Table 8: China Gold Mining – Development Projects, 2020

Table 9: China Gold Mining – Historical and Forecast China Gold Consumption By End Use (Thousand Ounces), 2004–2024

Table 10: China Gold Mining – Number of Operating, Development and Exploration Projects by Company, 2020

Table 11: China Gold Mining – Comparison of Companies by Revenue (US$ Million), 2018–2020

Table 12: China Gold Mining – China Gold International Resources Corp. Ltd, Major Projects, 2020

Table 13: China Gold Mining – Zijin Mining Group Co. Ltd, Major Projects, 2020

Table 14: China Gold Mining – Shandong Gold Mining Co. Ltd, Major Projects, 2020

Table 15: China’s Mining Fiscal Regime – Resource Tax Rates, 2020

Table 16: China’s Mining Fiscal Regime – Environmental Protection Tax Calculation, 2020

Table 17: China’s Mining Fiscal Regime – Value Added Tax (VAT), 2020

Table 18: China’s Mining Fiscal Regime – Land Appreciation Tax, 2020

Table 19: China’s Mining Fiscal Regime – Commodity Export Tax, 2020

List of Figures

Figure 1: China Gold Mining – Share of Gold Reserves by Country (%), as of January 2020

Figure 2: China Gold Mining – Historical and Forecast China Gold Production (Thousand Ounces) vs. Number of Mines, 2004–2024

Figure 3: China Gold Mining – Production by Major Company (Thousand Ounces), 2018–2019

Figure 4: China Gold Mining – Gold Prices, Average Quarterly (US$/Ounce), Q1 2015–Q3 2020

Figure 5: China Gold Mining – Historical and Forecast China Gold Consumption By End Use (Thousand Ounces), 2004–2024

Figure 6: China Gold Mining – China Gold Consumption By End Use Share (%), 2019

Figure 7: China Gold Mining – Share of Chinese Gold Imports By Country (%), 2019

Figure 8: China Gold Mining – Gold Consumption in Chinese Jewellery Market (Thousand Ounces) vs Gold Prices (US$/ounce), 2010–2024

Figure 9: China Gold Mining – China Gold Bar and Coins Consumption (Thousand Ounces), 2010–2024

Figure 10: China Gold Mining – Number of Operating, Development and Exploration Projects by Company, 2020

Figure 11: China Gold Mining – Comparison of Companies by Revenue (US$ Million), 2018–2019

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