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Monday, December 9, 2024

China Strikes Gold: 300-Tonne Deposit Found in Central Province



China has unearthed a massive gold deposit worth $83 billion in Hunan province. Geologists discovered over 40 gold veins containing 300 tonnes of gold within 2,000 meters depth at the Wangu gold field. This find could significantly boost China’s gold production, which currently accounts for 10% of global output. The Hunan Academy of Geology predicts potential reserves exceeding 1,000 tonnes at depths beyond 3,000 meters.



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