China: Main gold maker adds verified reserves

12/28/2020

According to the provincial department of natural resources, Shandong Province in east China has noticed 2,957.62 tons of proven gold reserves over the last decade, securing its position as the main gold manufacture base in the country.

From 2011 to the end of 2020, four super-large gold deposits each with reserves of more than 100 tons were discovered, down with eight large gold deposits and 121 small and medium-sized gold deposits, stated Yu Xiangdong, manager of the department.

The recently discovered reserves have surpassed the total amount of gold resources found between 1949 and 2010 in Shandong, he added.

Source: https://menafn.com/