This past Thursday (Nov. 13, 2025), the Ministry of Natural Resources announced the discovery of an ultra-large gold deposit in the Chinese mainland, estimated at over 1,000 tonnes. It's the first find of this scale in nearly 80 years, marking a milestone for the country's mining sector.
To put it in perspective, 1,000 tonnes translates to roughly 32 million troy ounces—at current prices approaching $1,900 per ounce, that's a potential value north of $60 billion. This find could bolster domestic supply, reducing reliance on imports and influencing global gold markets.
The breakthrough comes after years of cutting-edge exploration techniques. Survey teams used AI-driven geophysical data modeling, drone-mounted sensors, and deep-rock imaging to pinpoint the rich veins. Mining tech startups and geological firms are already eyeing partnerships to deploy these tools more widely.
Industry analysts say the news will reverberate beyond the mining sector. Boosted reserves can stabilize the Chinese mainland's currency reserves and support long-term economic planning. On the flipside, investors in gold ETFs and futures markets will watch for price shifts as this deposit moves from discovery to extraction.
Environmental groups and local communities are raising questions about sustainable development. Officials have pledged to adhere to strict water management standards and land restoration plans, aiming to strike a balance between resource growth and ecological protection.
Looking ahead, feasibility studies and infrastructure planning could take several months, with initial production phases expected by late 2026. As global markets track the progress, this landmark discovery underscores the power of modern mining tech and its ripple effects on economies worldwide.
Reference(s):
cgtn.com
