Geologists in Pingjiang County, Hunan Province, China, discovered the world's largest gold reserve worth $83 billion, containing around 1,000 metric tons of high-quality ore. Found at depths of up to 2 kilometres, the deposit includes 40 gold veins, with some yielding up to 138 grams of gold per metric ton. This surpasses South Africa’s South Deep mine. Advanced 3D modelling suggests deeper reserves may exist, making it a groundbreaking find for China’s gold industry. This find may raise gold prices, reflecting increasing global demand amid economic uncertainties. Experts see it as evidence of the continued viability of discovering new reserves. Parent: THE GEOSTRATA #gold #china #reserves #hunan #mining #news #geology #Market #economy #impact
