Gold: China Tops South Africa, Unveils $83 Billion Deposit

Pingjiang County in China is now home to the world's largest gold deposit, holding an estimated 1,000 tons of gold worth $83 billion.

Geologists have emphasized the importance of this discovery for China's resource security.

Nairaland Pulse News reports "The deposit eclipses South Africa’s largest gold mine, which contains 930 tons of reserves."

China continues to lead as the top global gold producer, accounting for 10% of worldwide production in 2023.