China has hit the jackpot, once again, after discovering one of the largest deposits of gold ever recorded in the country’s history. Off the back of surging gold prices, the discovery could be worth upwards of $192 billion. The rest of this article is behind a paywall. Please sign in or subscribe to access the full content.

China’s Ministry of Natural Resources reported that the Dadonggou deposit in the northeastern province of Liaoning contains about 2.586 million tonnes of gold ore, according to Chinese state media . With an average grade of 0.56 grams per tonne, this totals around 1,444 tonnes of gold. Some media reports have claimed the load could be worth over $192 billion at current prices.

To develop the Dadonggou mine, China National Gold Group, Liaoning Mineral Geology Group

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