In an unprecedented discovery, geologists in Hunan Province, China, have uncovered a gold deposit estimated to contain 1,000 metric tons of high-grade ore. Valued at approximately $83 billion, this monumental find could reshape the global gold market and further solidify China’s dominance in precious metal mining.

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

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.

Geologists in China have been stunned after finding a "supergiant" deposit of gold worth more than £65 billion. According to Chinese state media, the astonishing precious metal reserve is more than 1,000 tonnes and has been found in Hunan Province, in the centre of the country.

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.

This deposit could be the largest gold reserve globally, surpassing South Africa's South Deep Mine, which holds 930 metric tonnes.

A reservoir of high-quality gold ore containing over 1,000 metric tons of the yellow metal has been discovered in central China and it is valued at 600 billion yuan or US $83 billion, according

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.

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.