Suspense Crime Sach Ka Dam
China has emerged as the world’s leader in gold reserves. It is reported that it has the world’s largest gold reserves of 1,000 metric tons. According to Chinese state media, the Geological Bureau of Hunan Province has confirmed this discovery in Pingjiang County, located in the northeastern region of the province. According to the news, with an estimated value of 600 billion yuan, which is about Rs 6,91,473 crore, this could be the world’s largest gold reserve. This is more than the 930 metric tons found in South Africa’s South Deep Mine.
The bureau announced the discovery of 40 gold veins, which are long, narrow holes in metal-rich rocks, at a depth of about a mile in Pingjiang county in Hunan province, the Independent reported. Geologists said these rocks alone could contain up to 300 tonnes of gold and there could be even more reserves in deeper layers. Advanced 3D modeling suggests additional reserves exist at greater depths, reaching up to about 3 kilometers The discovery could boost China’s mining and economic capabilities.
Clear gold was seen in many rock cores.
Chen Rulin, a geologist and ore explorer at the bureau, said several drilled rock cores showed obvious gold. Test drills near the site’s peripheral areas found more gold, suggesting the deposit could be even larger. One estimate says the site may hold more than 1,000 metric tons of the precious metal, worth more than 600 billion yuan, or about $83 billion (£65 billion) at current prices.
Wangu gold field is the most important.t
Demand for the precious metal has surged in China amid global uncertainties. According to the Hunan Provincial Geological Institute, thew discovery could be significant in safeguarding the country’s resource security. The Wangu gold region is one of China’s most important mining hubs and the country has invested nearly 100 million yuan in mineral exploration in the region. By 2023, China will produce about a tenth of the world’s total gold.
