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How many international mining companies will invest in Wangu gold field by end of 2025?
3
Resolution / Starting Odds
0-1 companies • 25%
2-3 companies • 25%
4-5 companies • 25%
More than 5 companies • 25%
Official investment announcements or reports from major financial news outlets
Story
China Discovers $83 Billion Gold Reserve in Hunan's Wangu Field
Nov 23, 2024, 11:16 PM
Geologists in China have unearthed a significant gold deposit in Hunan Province, with over 40 gold veins containing more than 1,000 tons of gold, valued at approximately $83 billion. The discovery was made in the Wangu gold field in Pingjiang County, highlighting the potential impact on China's economy and its geopolitical influence.
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Yes • 50%
No • 50%
1-2 new entrants • 25%
3-4 new entrants • 25%
5 or more new entrants • 25%
No new entrants • 25%
Less than 8 tonnes • 25%
8 to 10 tonnes • 25%
10 to 12 tonnes • 25%
More than 12 tonnes • 25%
China National Gold Group Corporation • 25%
Zijin Mining Group • 25%
Shandong Gold Group • 25%
Other • 25%
Zijin Mining • 25%
Newmont • 25%
AngloGold Ashanti • 25%
Other • 25%
China National Gold Group • 25%
Zijin Mining Group • 25%
Shandong Gold Group • 25%
Other • 25%
0 additional acquisitions • 25%
1 additional acquisition • 25%
2 additional acquisitions • 25%
3 or more additional acquisitions • 25%
Less than 10% • 25%
10% to 25% • 25%
26% to 50% • 25%
More than 50% • 25%