CHINA UNEARTHS LARGEST GOLD DEPOSIT IN OVER 70 YEARS

Sat 15 November 2025:

China on Friday announced that it has discovered its largest single gold deposit since 1949.

The Dadonggou Gold Mine in the northeastern province of Liaoning contains 1,444.49 tons of proven gold reserves, according to the Ministry of Natural Resources.

The state-run Global Times reported that the mine has already passed an economic feasibility assessment, clearing the way for development.

The deposit is classified as a super-large, open-pit mine. Officials said the area above the 720-meter (2,362-foot) elevation holds an estimated 2.586 billion tons of ore with an average gold content of 0.56 grams (0.02 ounces) per ton.

The mine was identified following an unusually fast, 15-month exploration process, which it said could become a model for “short-cycle, high-quality” mineral surveys in the future, according to the report.

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Largest Gold Discoveries Worldwide:

1848: California’s Gold Rush. A spark from carpenter James Marshall at Sutter’s Mill unearthed flakes that triggered a frenzy—over 750,000 pounds of gold pulled from the Sierra Nevada in a decade, drawing 300,000 prospectors and birthing San Francisco as a boomtown. It supercharged U.S. expansion westward.

1851: Australia’s Victoria Goldfields. Edward Hargraves’ find at Ophir ignited “fever” across the continent, yielding 2,000 tons by 1860. It populated a nation, funded railways, and minted the famous Welcome Stranger nugget—72 kg of pure gold in 1869, the largest ever found.

1886: South Africa’s Witwatersrand Basin, or “The Rand.” A farmer’s water furrow revealed reefs packed with gold, sparking the world’s biggest rush. This supergiant deposit—home to over 40% of all gold ever mined (50,000+ tons)—built Johannesburg and fueled global finance for a century.

2019: Canada’s Hope Bay. TMAC Resources hit 5.2 million ounces in Nunavut—high-grade Arctic gold unlocking remote riches amid climate shifts.

2025: Wangu deposit in China’s Hunan Province. Beneath an old mine, geologists drilled into 40 veins holding 1,100 tons of high-grade ore—potentially Earth’s largest ever, worth $83 billion at current prices. At 3 km deep, it’s a tech triumph boosting China’s 10% global output.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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