China Claims to Have Found ‘Supergiant’ Gold Deposit
December 30th, 2024Via: Science Alert:
A “supergiant” deposit of high-quality gold ore containing an estimated 1,000 metric tons (1,100 US tons) of the precious metal has been discovered in central China, according to Chinese state media.
Valued at up to approximately 600 billion yuan or US$83 billion, the discovery could be one of the largest and most lucrative reservoirs of gold ever uncovered, surpassing the 900 metric tons estimated to lie within the mother of all gold reserves, South Deep mine in South Africa.
