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

China has uncovered a significant gold deposit in Hunan province, valued at an estimated $83 billion. The discovery, made in Pingjiang County, includes over 40 gold ore veins found more than 2,000 meters underground.

China has recently been making significant progress to secure important resources for its future. One of the most exciting recent developments is a major gold discovery in Hunan province. This discovery could not only boost China’s economy but also help it become more independent and less affected by changes in the world economy.

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.

China has discovered a “massive” new goldfield containing reserves worth tens of billions of dollars in the central province of Hunan, as it steps up efforts to boost domestic reserves of strategic minerals.

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.

China is claiming to have unearthed the largest gold deposit in the world — estimated to be worth more than $80 billion. More than 1,000 tons of gold reserves and ore veins were allegedly discovered by geologists from the Hunan Provincial Geological Institute some 12 miles beneath the surface in China’s Pingjiang County,