China Discovers Massive Gold Deposit

China Unveils Massive Gold Deposit: A Game-Changer for EconomyChina announces a colossal gold discovery in Dadonggou, holding over 2.5 million tonnes of ore with 1,444 tonnes of pure gold, valued at over €166 billion. The state-run Liaoning Geological and Mining Group completed the project in just 15 months, marking an unusually fast timeline. This ultra-large deposit, despite lower gold grade, has passed initial economic feasibility assessment, aligning with surging global demand for gold amidst economic uncertainties.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.