China discovers 168 tons of gold reserves

BEIJING

China said it has discovered a total of 168 tons of gold reserves at three mining sites.

The China Geological Survey of the Ministry of Natural Resources said that 102.4 tons of gold reserves were found in the Anbali North mining area in Gansu Province, 41.3 tons from the Hadamengou mining area in the Inner Mongolia Autonomous Region, and 24.3 tons from the Baoxinggou mining area in Heilongjiang Province.

In November last year, more than 1,000 tons of gold reserves were discovered in the Wangu Goldfield, a gold mine in Pingjiang County, Hunan Province.

The government has recently been stepping up efforts and investments in finding critical mineral resources.

On Jan. 18, it was announced that a rare earth element deposit was discovered in Yunnan province totaling approximately 1.15 million tons.

*Writing by Gokhan Ergocun from Istanbul