China Announces Discovery of Largest Gold Deposit Since 1949

1,444 tonnes of reserves in Liaoning province valued at €166 billion; economic feasibility approved for extraction

Muhammad Kamran Akhtar
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Web Desk – November 16, 2025

China has announced the discovery of the country’s largest gold deposit since the founding of the People’s Republic in 1949.

The Ministry of Natural Resources has described this as a major success in mineral exploration efforts.

Officials from the Ministry of Natural Resources stated that for the first time in China, the presence of gold reserves exceeding 1,000 tonnes has been confirmed. The mine is located in the Liaodong region of northeast China’s Liaoning province.

According to Chinese state media, the deposit contains approximately 1,444.49 tonnes of gold. The economic feasibility report for the mine has been approved, paving the way for gold extraction.

The site holds an estimated 2.586 million tonnes of ore, with an average of 0.56 grams of gold per tonne, totaling around 1,444 tonnes. At current global market prices, the value of this gold amounts to 166 billion euros.

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In Pakistani rupees, the value of this gold deposit comes to 54.78 trillion rupees. It is noteworthy that this project was completed by the state-owned Liaoning Geological and Mining Group, with the participation of around 1,000 experts and workers.

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