Loading...
Market
First company to secure mining contract for Hunan gold deposit by end of 2025?
2
Resolution / Starting Odds
China National Gold Group Corporation • 25%
Zijin Mining Group • 25%
Shandong Gold Group • 25%
Other • 25%
Official announcements from companies or Chinese government
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
China National Gold Group • 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%
China National Gold Group Corporation • 25%
Zijin Mining Group • 25%
Shandong Gold Group • 25%
Other • 25%
Less than 10% • 25%
10% to 25% • 25%
26% to 50% • 25%
More than 50% • 25%
India • 25%
United States • 25%
Switzerland • 25%
Other • 25%
India • 25%
Switzerland • 25%
United States • 25%
Other • 25%
