In an unprecedented discovery, geologists in Hunan Province, China, have uncovered a gold deposit estimated to contain 1,000 metric tons of high-grade ore. Valued at approximately $83 billion, this monumental find could reshape the global gold market and further solidify China’s dominance in precious metal mining.

A “supergiant” gold ore deposit under an existing gold mine in China could be the world’s largest gold ore deposit. Officials estimate that the extent of the find could be 1,100 tons stretching as deep as 9,

China's state media recently claimed that the world's largest gold deposit was discovered in the country's Pingjang County at $83 billion.

STORY: Supergiant gold deposit discovered in central China's HunanSHOOTING TIME: Nov. 21, 2024DATELINE: Nov. 22, 2024LENGTH: 00:01:19LOCATION: PINGJIANG, ChinaCATEGORY: ECONOMYSHOTLIST:1. various of the press briefing2.

China has uncovered a significant gold deposit in Hunan province, valued at an estimated $83 billion. The discovery, made in Pingjiang County, includes over 40 gold ore veins found more than 2,000 meters underground.

Hunan Gold Corp. have surged by their 10% limit for two days in a row after a sizable gold resource was discovered in central China’s Hunan province.

China has discovered a “massive” new goldfield containing reserves worth tens of billions of dollars in the central province of Hunan, as it steps up efforts to boost domestic reserves of strategic minerals.

Chinese scientists have uncovered a "supergiant" deposit of high-quality gold ore hidden near some of the country's existing gold mines.

Chinese geological authorities have discovered a massive gold deposit containing over 1,000 tonnes of gold worth $83 billion in Hunan Province's Wangu field, with high-grade ore and potential for additional finds in surrounding areas.

China says it has discovered the world’s largest known deposit of gold, estimated to be worth over $80bn (£63bn). The deposit at the Wangu gold field in central China could yield more than 1,000 tonnes of gold, the Geological Bureau of Hunan was quoted as saying by Chinese state media.