Loading...
Market
Estimated annual gold production from Hunan deposit by end of 2026?
2
Resolution / Starting Odds
Less than 50 tonnes • 25%
50 to 100 tonnes • 25%
101 to 150 tonnes • 25%
More than 150 tonnes • 25%
Reports from the Chinese Geological Bureau or mining companies involved
Story
China Discovers $83 Billion, 1,000-Tonne Gold Deposit in Hunan
Nov 21, 2024, 02:55 PM
A superlarge gold deposit with estimated reserves of more than 1,000 tonnes, valued at approximately $83 billion (600 billion yuan), has been discovered in central China's Hunan Province. The Geological Bureau of Hunan Province announced the finding, noting that the gold reserves are located at depths of up to 3,000 meters. This significant discovery includes over 40 gold mines identified within the Wangu gold field in Pingjiang. The gold deposit is considered one of the largest ever found in China, highlighting the region's rich mineral resources. The estimated value of the gold reserves is also reported to be around 13 trillion yen.
View original story
Similar markets
Less than 10% • 25%
10% to 25% • 25%
26% to 50% • 25%
More than 50% • 25%
China National Gold Group Corporation • 25%
Zijin Mining Group • 25%
Shandong Gold Group • 25%
Other • 25%
Zijin Mining Group • 25%
China National Gold Group • 25%
Shandong Gold Group • 25%
Other • 25%
1st • 25%
2nd • 25%
3rd • 25%
4th or lower • 25%
Yes • 50%
No • 50%
India • 25%
Switzerland • 25%
United States • 25%
Other • 25%
India • 25%
United States • 25%
Switzerland • 25%
Other • 25%
Increase by more than 5% • 25%
Increase by 3% to 5% • 25%
Increase by 1% to 3% • 25%
No significant change • 25%
Jewelry • 25%
Technology • 25%
Reserve assets • 25%
Other • 25%