
China uncovers over 1,400-tonne gold reserve, its largest deposit since 1949

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China has discovered its largest gold deposit since 1949, with an estimated 1,444 tonnes of reserves worth nearly US$193 billion in Liaoning Province. The Dadonggou deposit will be developed by China National Gold Group, Liaoning Mineral Geology Group, and the Yingkou Municipal Government, with plans to invest over 20 billion yuan between 2024 and 2027. This discovery comes amid a surge in global gold demand and prices.

