Since the antiquity that gold has played a central role in human civilizations. Used as a symbol of power, currency of exchange, worship and value reserve, this precious metal was responsible for major expeditions, wars and empires.
From the mines of the ancient Egypt and the legendary richness of King Midas, to Iberian explorations in South America in search of the mythical El Dorado, gold shaped commercial routes and structured economic systems.
Even today, it remains one of the most coveted assets worldwide, both for its intrinsic value and its strategic importance.
China has announced the discovery of one of the largest gold deposits of the last decade, at a time when demand for this precious metal continues to grow as much as a financial reserve as an industrial resource.
The new deposit, located in Liaoning province, could contain about 1,000 tons of gold, according to advanced data by local press.
The official confirmation was made by Chinese geologists, who explained that the deposit extends for more than three kilometers in the east-west direction and about 2.5 kilometers from north to south.
Technological advancement in mineral prospecting has been a determining factor for this discovery.
According to the Chinese authorities have been investing in three -dimensional models and high precision tools, capable of identifying reserves to increasing depths.
China leads world production, but wants more
Despite leading world gold production, with about 380 tons extracted per year by 2024, China is still behind South Africa and Australia in terms of known reserves.
The discovery in Liaoning may contribute to change this scenario, reinforcing the Chinese position in the geopolitics of natural resources.
In recent months, the country had already revealed the existence of another significant deposit in Wangu in Hunan province, valued at about $ 80 billion (approximately 74 billion euros).
Both deposits point to a more aggressive strategy of expanding internal mining capacity.
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Gold: More than a value reserve
Gold maintains its historical relevance as a value reserve, especially in times of economic instability.
However, its role is not limited to financial markets. This metal is increasingly used in the technological industry, namely in the production of batteries, electronic circuits and communication devices.
The possibility of accessing new internal reserves can reduce Chinese dependence on external markets and increase their autonomy in strategic value chains.
Extraction may take years to start
Despite the enthusiasm, geologists of the World Gold Council appeal to caution. According to experts, independent verification is required and more perforations before being able to confirm the economic and environmental viability of commercial exploitation.
The complex geological structure and depth of the deposit – about 1,600 meters – oblige a thorough planning. Production may take several years until it operates.
THE FUTURE OF GOLD
With this new discovery, China reinforces its role of protagonist in the gold industry, but the real impact will depend on the time necessary to start exploration and the conditions of the international market.
Certainly, in an increasingly volatile global context, gold continues to shine as one of the most strategic resources of the 21st century.
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