China has discovered a "massive" new goldfield in Hunan province, containing gold reserves valued at tens of billions of dollars.

Geologists have found more than 40 gold veins at the Wangu gold mine in Pingjiang County, located less than 2,000 metres underground.

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China uncovers ‘massive’ gold reserve worth billions in Hunan province

The US$80 billion hoard is the latest fruit of China’s drive to find new domestic precious minerals reserves.

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China hits jackpot with discovery of ‘massive’ gold reserves in Hunan

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ALBAWABA - China has discovered the country's biggest gold reserve that could be worth up to $83 billion.According to Chinese media outlets, Chinese geo

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China discovers $83 billion of gold in Hunan

A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been discovered in Hunan Province, central China, as confirmed by the... The post China Unearths Massive Gold Veins That Could Reshape Global Markets appeared fir…

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China Unearths Massive Gold Veins That Could Reshape Global Markets

Hunan Academy of Geology discovered what could be more than 1,000 tons of gold reserves in China, which could dilute the precious metal world’s …

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Gold supply dilution ahead as China uncovers an $87 billion reserve – What’s next?

Hunan Academy of Geology discovered what could be more than 1,000 tons of gold reserves in China, which could dilute the precious metal world’s supply by over $87 billion, leading to questions on its financial impacts. The group found 40 gold ore veins, resulting in 300 tons of gold discovered in the core exploration area. Chinese geologists forecast over 1,000 tons of gold reserves in the underground, as Reuters reported according to Xinhua new…

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A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been discovered in Hunan Province, central China, as confirmed by the…

A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been discovered in Hunan Province, central China, as confirmed by the […]

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The post Gold supply dilution ahead as China uncovers an $87 billion reserve – What’s next? appeared on BitcoinEthereumNews.com. Hunan Academy of Geology discovered what could be more than 1,000 tons of gold reserves in China, which could dilute the precious metal world’s supply by over $87 billion, leading to questions on its financial impacts. The group found 40 gold ore veins, resulting in 300 tons of gold discovered in the core exploration a…

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China just discovered a massive trove of gold worth $83 billion, according to state-run media. The gold was found in central Hunan province and according to the region’s geological bureau, it is estimated to weigh about 1,000 tonnes, reports Xinhua news. Prospectors say many of their core drillings show visible gold, with dozens of veins... The post Massive $83,000,000,000 Pile of Gold Discovered in China – Here’s How Much It Will Increase Suppl…

China uncovers ‘massive’ gold reserve worth billions in Hunan province

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