China's state media recently claimed that the world's largest gold deposit was discovered in the country's Pingjang County at $83 billion.

Nearly 1,000 tons of gold found, worth $83 billion, with extraordinary ore quality that could reshape global mining and potentially extend beyond initial estimates

In a remarkable feat for the mining industry, a team of geologists in central China has uncovered what is being hailed as the world’s largest gold deposit, valued at a staggering US$83 billion (approximately 600 billion yuan).

A massive gold deposit, potentially the world's largest, has been discovered in Hunan Province, Central China, containing an estimated 1,000 metric tonnes of high-quality ore.

In an extraordinary discovery, Chinas Hunan province has uncovered what could be the largest gold deposit in the world. As reported by Xinhua news, this deposit, which is located in Pingjiang County,

Hunan Gold Corp. have surged by their 10% limit for two days in a row after a sizable gold resource was discovered in central China’s Hunan province.

A discovery of gold reserves, estimated to be worth $83 billion, was made in China last month. China is the world's largest gold producer, Reuters reports.

STORY: Supergiant gold deposit discovered in central China's HunanSHOOTING TIME: Nov. 21, 2024DATELINE: Nov. 22, 2024LENGTH: 00:01:19LOCATION: PINGJIANG, ChinaCATEGORY: ECONOMYSHOTLIST:1. various of the press briefing2.

A significant gold deposit has been discovered in China's Hunan province, potentially one of the largest ever found. Estimated to contain over 1,000 metric tons of gold, the find is valued at approximately €78 billion.