A super-large gold mine has been discovered in the town of Nhai Tu, in Rushan city, Shandong province, China with reserves of up to 50 tons, enough to be exploited for 20 years.
This is the largest gold mine discovered in China since the beginning of 2023. (Illustration).
According to Xinhua, on March 18, Shandong Department of Mining and Development of Geology and Minerals announced the discovery of a large-scale gold mine in West Laokou village with a determined volume of more than 50 tons, worth about 20 billion. yuan.
This is the largest known gold mine in the region , as well as the largest gold mine discovered in China since the beginning of 2023. According to the mineral resources management agency of Shandong province, the exploration process took eight years, more than 250 boreholes have been constructed, the controlled mine depth is nearly 1,200 meters, and the maximum depth is more than 1,400 meters.
According to the assessment, the mine has good development prospects, based on the production scale of 2,000 tons of ore per day, the life of the mine can be up to 20 years.
Local government officials say this is a major find that will help improve people’s living standards.
However, many people expressed concern about over-exploitation that could lead to pollution and damage to the surrounding environment and natural scenery.
Despite the controversy, the discovery remains a landmark event for China. According to experts, with a reserve of 50 tons, China can increase its gold reserves, especially in the context of risks and trends of global economic recession.