This deposit could be the largest gold reserve globally, surpassing South Africa's South Deep Mine, which holds 930 metric tonnes.

Valued at approximately 600 billion yuan or US$83 billion, the discovery could be considered the largest and most lucrative reservoir of gold ever uncovered, surpassing the 900 metric tons estimated to lie within the mother of all gold reserves, South Deep mine in South Africa.

China discovers Earth's largest gold mine in Hunan Province, with 1,100 tons of gold worth $83 billion. This 'supergiant' find shakes global markets and sets new records.

China says it has discovered the world’s largest known deposit of gold, estimated to be worth over $80bn (£63bn). The deposit at the Wangu goldfield in central China could yield more than 1,000 tonnes of gold,

In a remarkable feat for the mining industry, a team of geologists in central China has uncovered what is being hailed as the world’s largest gold deposit, valued at a staggering US$83 billion (approximately 600 billion yuan).

China is already a dominant player in the global gold market, boasting reserves in excess of 2,000 tons, according to latest estimates.

Geologists in China have been stunned after finding a "supergiant" deposit of gold worth more than £65 billion. According to Chinese state media, the astonishing precious metal reserve is more than 1,

China has struck gold — literally — after geologists discovered an estimated $83 billion worth of gold in central China's Hunan Province, though accessing the underground deposit might be easier said than done.