China has officially announced the discovery of the world’s largest gold deposit.This discovery has more than doubled the country’s untapped gold reserves. China already accounts for 10.6% of the world’s annual gold production, putting it ahead of Australia and Russia, which each have a 10.3% share.

China has officially announced the discovery of the world’s largest gold deposit.This discovery has more than doubled the country’s untapped gold reserves. China already accounts for 10.6% of the world’s annual gold production, putting it ahead of Australia and Russia, which each have a 10.3% share.

The newly discovered gold deposit contains dozens of veins and large reserves in deeper layers. It is expected that the deposit will provide over 1,000 tons of gold worth $83 billion.

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