Geologists uncover world’s biggest high-grade supergiant gold deposit worth $83 billion
China’s government has confirmed the presence of a major mineral deposit in central Hunan Province, positioning the country for greater control over a commodity critical to both financial systems and high-tech manufacturing. Analysts say the location, geology, and ore composition suggest an unusually valuable asset.
Officials from the Hunan Geological Bureau confirmed in November 2025 that the Wangu gold field, located in Pingjiang County, contains more than 1,000 metric tonnes of gold, with an estimated market value of $83 billion. The confirmed portion of the deposit sits at a depth of approximately 2,000 meters and includes 300 tonnes of measured reserves across 40 distinct veins.
WHY? Why is China releasing this story now? None of this will be mined anytime soon and any gold removed will NOT be available to the international marketplace. So what is the real intent of this article?