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China discovers largest gold deposit

March 30th, 2017
Categories: News

Link: http://www.pravdareport.com/business/companies/30-03-2017/137273-china_gold-0/

The gold mine is located in the town of Silin on Jiaodong Peninsula in Shandong province, in the east of China, Chinese news agencies report. According to preliminary estimates, gold deposits are located on the area of two kilometres at the depth of 67 meters. The volume of gold reserves in the area is about 382.58 tons, but exploration works continue. It is believed that the deposit may contain up to 550 tons of gold. According to experts, this is the richest deposit of gold of all that have ever been found in China.

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