4d ago

World’s largest gold deposit worth over £63 billion found in China

www.independent.co.uk

Wangu goldfield deposit in Hunan province could yield over 1,000 tonnes of precious metal

Archived version: https://archive.is/newest/https://www.independent.co.uk/asia/china/china-gold-mine-discovery-world-largest-deposit-b2660388.html

Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

4 comments

Do nothing, Win.

I'm a big fan of blunt force symbolism

Gold extraction is quite destructive to the environment though, you need leaching agents, that contain Cyanide https://en.wikipedia.org/wiki/Prussic_acid. But with modern developments and best practices in the industry it should become easier to mitigate contamination of the environment.

Test drills near the site’s “peripheral areas” found more gold, suggesting that the deposit could be even larger.
They usually are much larger than what the initial results make you think. If you’re reading about an old mine that has already been drilling for 50 and they’ve tried literally every place they can think of, those numbers are pretty much final. Other mines can only report numbers that have a tendency to grow as they drill more.