After Pakistan, China discovers 168 tonnes of gold reserves

Updated: Jan 24th, 2025

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India’s yet another neighbour hit a jackpot after gold discoveries in multiple mining areas in China exceeded 168 metric tonnes.

The new deposits were discovered across several goldfields in the northwest and northern China, according to a report by the state-owned media of China, citing the China Geological Survey (CGS), a division of the Ministry of Natural Resources.

A total of 102.4 tonnes were identified in Anbali, Gansu province; plus 41.3 tonnes in Hadamengou of the Inner Mongolia autonomous region; and 24.3 tonnes in Tahe Baoxinggou, Heilongjiang province, as per Chinese media.

In November last year, more than 1,000 tons of gold reserves (valued at over ₹7 lakh crore)  were discovered in the Wangu Goldfield, a gold mine in Pingjiang County, Hunan Province, as per Chinese media.

Recently, Pakistan discovered 32.6 metric tonnes of gold reserves worth 800 billion PKR in the Indus River in Punjab’s Attock district. 

Notably, the dragon is the world's largest producer of gold with a consistent output exceeding 300 MT annually.

In 2023, China produced an estimated 370 metric tons of gold, around 10% of the world’s total production. 

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