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The lower price of gold in 2013 is expected to impact gold production in the coming years; Barrick Gold is slowing construction at one of its largest gold projects Pascua Lama (18m ounces of gold, 676m ounces of silver) while in Australia mines are being shuttered by companies in an attempt to curb costs.

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China, officially the People's Republic of China (PRC), is a unitary sovereign state in East Asia. With a population of over 1.404 billion , it is the world's most populous country. [1] The state is governed by the Communist Party of China , and its capital is Beijing . [2]


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