China hits massive Jackpot, set to become ultra rich, discovers world's largest gold deposit worth Rs 662000000000, gigantic treasure found in…
New Delhi: China has confirmed that it has discovered one of the largest gold deposits in the world in Hunan province. According to the reports, the find includes forty new gold veins that potentially contain up to 1,000 tons of gold. The treasure was discovered near the Wangu gold mine. Experts have valued this treasure at approximately USD 83 billion, based on digital modeling techniques. This find has potentially surpassed South Africa's South Deep mine which currently holds the record with estimated reserves of 930 tons.
It is important to note that the initial drilling operations in the surrounding area have already yielded visible gold particles. The particles are not visible with the naked eye, suggesting that additional significant deposits may exist in the vicinity. This indicates the potential for the Hunan province to become an even more important gold mining hub in the coming years. Here are some of the important details: China currently stands as the world's leading gold producer
The Chinese subsoil has long been known for its mineral wealth, particularly gold resources
This new find exceeds all previous expectations in terms of scale and quality.
The newly identified deposit near the Wangu gold mine represents a significant advancement in China's mining capabilities.
Geological surveys have confirmed the presence of forty distinct gold veins in the area, dramatically expanding the known reserves in the region.
This discovery didn't happen by chance but resulted from systematic exploration using advanced technologies and digital modeling.
According to the reports, the ore contains approximately 138 grams of gold per ton of material
This high concentration will likely translate to reduced extraction and processing costs Mining experts have outlined these factors that will influence the development of this resource: Depth management technologies capable of operating at 3,000 meters
Environmental impact mitigation strategies
Processing facilities equipped to handle the high-grade ore
Transportation infrastructure for the extracted materials
Safety protocols for deep mining operations
The outstanding quality of the ore offers a major advantage for mining operations. With a concentration of 138 grams per ton, this deposit holds gold levels far above the global average. In comparison, most commercially viable gold mines operate with only a few grams per ton.
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PTI MSS RKL HVA (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 30, 2025, 23:15 IST News agency-feeds Tata Motors to acquire Italian truck maker Iveco in Rs 38,240-cr deal Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
