Geological analyzes carried out in the Hunan province of China reveal an underground treasure of unprecedented scale, with reserves estimated at more than 1,000 tonnes of gold, representing a market value exceeding 83 billion US dollars.
This new deposit considerably strengthens China's strategic position on the global gold market.
The world's leading producer with 10.6% of annual production, the country is now ahead of its main competitors, Australia and Russia, which each hold 10.3% of the market share.
This discovery radically transforms the Chinese mining landscape by doubling the country's unexploited gold reserves.
Detailed geological studies highlight the complexity and richness of this deposit. Its structure is characterized by multiple gold-bearing veins that extend at depth, suggesting long-term mining potential.
This particular geological configuration suggests decades of productive extraction.
The economic impact of this discovery promises to be considerable for China. Beyond the purely financial aspect, this deposit could modify the dynamics of the global gold market and influence the investment strategies of international players.
The development of this mining site is also expected to boost Hunan's local economy, creating employment opportunities and promoting the development of related infrastructure.
