China at work on 2 mines to produce gold harvest

February 11, 1980

China is developing two gold mines with foreign technical help which could yield $200 million worth of gold a year by 1982 at current market prices, according to an American adviser working on the project.

Lee Argenbright, of the multinational engineering giant Davy Mckee, told Reuters that his company had won a contract for a feasibility study at the mines and that work on this began last month.