More than 40 'seams' of gold deposits have been discovered in Hunan Province, in the centre of China, with the precious metal reserve estimated to be more than 1,000 tonnes

China has discovered gold deposits in Hunan province, estimated to be worth nearly $83 billion, the province's geological office announced. According to preliminary estimates, the newly discovered reserves contain over a thousand tons of the precious metal.

China has uncovered a significant gold deposit in Hunan province, valued at an estimated $83 billion. The discovery, made in Pingjiang County, includes over 40 gold ore veins found more than 2,000 meters underground.