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» China and the Commodity Markets

Theme Park

Posted: Sun, 19 Mar 2006

[miningmx.com] -- CHINA is to open a R25m theme part dedicated to gold, according to Agence France-Presse (AFP), a newswire service.

Construction of the theme park begain last week near an operating mine at Rushan city, in China’s Shandong province.

When the 3.6km2, 200 million yuan (R25m) park is completed, it will allow visitors to watch gold being mined and processed, AFP said. It will also include a Do-It-Yourself area where the visitors themselves can be gold miners for a day.

China is the world's third-biggest market for gold after India and the US, according to the World Gold Council. Last year, Chinese demand for gold rose 8% to more than 250 tons, the council's data showed.