Two large gold deposits discovered in China may hold a collective mass of over 2,000 metric tons (2,200 US tons) of the precious material – the largest ever found within the country's borders.

If confirmed by further geological surveys, the Wangu deposit in Hunan province and the Dadonggou deposit in Liaoning province could be worth billions, with the Wangu deposit alone estimated at over 600 billion yuan (US$83 billion).

These estimates come with significant caveats – something about not counting the golden eggs before the goose has laid them – not least that the Wangu valuation assumes the entire resource can be extracted and that current gold prices will hold, conditions rarely achieved in real-world mining.

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The Wangu deposit was reported by Xi

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