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New gold mine to open in Hunan Province by end of 2025?
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Official announcements from Chinese mining companies or government agencies
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China Discovers $83 Billion, 1,000-Tonne Gold Deposit in Hunan Province
Nov 21, 2024, 12:30 PM
A superlarge gold deposit with estimated reserves of more than 1,000 tonnes, valued at approximately 600 billion yuan ($83 billion), has been discovered in central China's Hunan Province. The Geological Bureau of Hunan Province announced the find on Thursday, noting that the gold reserves are located at a depth of over 3,000 meters. This discovery marks one of the largest gold deposits found in the region, potentially boosting China's gold reserves significantly.
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