China announces major gold discovery

May 20th 2023 10:43am EDT

The economic value of the country’s largest single deposit of the precious metal is estimated at almost $28.5 billion Chinese state-run gold producer Shandong Gold Mining announced on Friday that its controlling shareholder had discovered an additional 200 tons of gold resources at the Xiling gold mine in Laizhou in Shandong Province in eastern China. […]

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