\n<\/p>\n
China<\/a> has made some major gold<\/a> discoveries in recent months, and among the biggest has been a \u201csuperlarge\u201d deposit found in central China with\u00a0estimated reserves of over 1,000 tons of gold worth $85.9 billion.<\/p>\n Geologists detected 40 gold veins, with a reserve of 300 tons of gold, within a depth of around 6,562 feet buried beneath the Wangu gold field in Pingjiang County of the Hunan province, the Geological Bureau of Hunan Province have reported, according to Xinhua, the Chinese state news agency.<\/p>\n Described as a \u201csuperlarge gold deposit,\u201d the site’s gold reserve within a depth of about 9,842 feet was approximated to be at over 1,000 tons, which is valued to be around 600 billion yuan, the bureau noted.<\/p>\n “Many drilled rock cores showed visible gold,” Chen Rulin, an ore-prospecting expert at the bureau, said in a statement, noting that a ton of ore in the 2,000-meter (around 6,562 feet) range contained a maximum of 138 grams of gold.<\/p>\n The \u201cburied treasure\u201d found in the depths of the Hunan province ranks among the largest gold deposits ever documented and could rival South Africa\u2019s long-running\u00a0South Deep mine, according to ECO News.<\/p>\n Last month China saw another breakthrough, uncovering what officials believe is Asia\u2019s largest undersea gold deposit.<\/p>\n The discovery was made off the coast of Laizhou in Yantai on the Jiaodong Peninsula of the Shandong province in eastern China. While the size of the deposit has not been disclosed, authorities believe the latest finding has increased Laizhou\u2019s gold reserves to over 3,900 tons, which forms roughly around 26 percent of China\u2019s known gold resources, according to\u00a0the South China Morning Post.<\/em><\/p>\n In November last year, officials announced the discovery of more than 1,400 tons of gold in the\u00a0Liaoning province of northeastern China. With confirmed reserves of 1,444.49 tons, the discovery was reported to be China\u2019s largest single find since the country\u2019s founding in 1949, according to the Ministry of Natural Resources.<\/p>\n In the same month, authorities also found a gold deposit with estimated reserves of over 1,000 tons in the Kunlun Mountains near the western border of the Xinjiang Uygur autonomous region.<\/p>\n Back in November 2023, officials in Shandong province said it had identified about a quarter of China\u2019s gold reserves, including over 3,500 tonnes on the Jiaodong Peninsula, which is reported to be the world\u2019s third-largest gold mining<\/a> belt.<\/p>\n Around 216,265 tons of gold have been mined throughout history, and around two-thirds of this gold has been extracted since 1950, according to the World Gold Council.<\/p>\n In the United States, in 2024, domestic gold mine production was estimated to be 160 tons, with its value estimated to be $12 billion, marking a 9 percent increase from the value in 2023, according to a January report from the U.S. Geological Survey.<\/p>\n Do you have a tip on a science story that Newsweek<\/em> should be covering? Do you have a question about gold mines? Let us know via science@newsweek.com.<\/strong><\/p>\n<\/div>\n China has made some major gold discoveries in recent months, and among the biggest has been a \u201csuperlarge\u201d deposit found in central China with\u00a0estimated reserves of over 1,000 tons of gold worth $85.9 billion. Geologists detected 40 gold veins, with a reserve of 300 tons of gold, within a depth of around 6,562 feet buried … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":17925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-17924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.jubi24.com\/wp-content\/uploads\/2026\/01\/China-Discovers-859B-\u2018Treasure-Under-Earths-Surface.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/17924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17924"}],"version-history":[{"count":1,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/17924\/revisions"}],"predecessor-version":[{"id":17926,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/17924\/revisions\/17926"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/media\/17925"}],"wp:attachment":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"