China has announced the discovery of the largest gold deposit found in the country from 1949 to the present, with estimated reserves of 1,444 tons, in Liaoning province.

China has reported the largest gold discovery since the founding of the People's Republic in 1949, with a site containing approximately 2.586 million tons of ore, having an average content of 0.56 grams of gold per ton, equivalent to 1,444 tons of gold. At current prices, this amount is worth over 166 billion euros. The project was carried out by the state group Liaoning Geological and Mining Group, which mobilized nearly 1,000 technicians and workers, completing the exploration in a record time of 15 months. The ministry described the discovery as 'ultra-large', but of inferior quality, and it has already passed the initial economic feasibility assessment. Although the exact location of the site has not been disclosed, it is known to be in Liaoning province, which has generated strategic speculation. The demand for gold is increasing, and prices have risen by over 50% this year, influenced by the weakening dollar and geopolitical tensions. China has accelerated mining exploration, recently reporting significant discoveries and an increase in gold production, reflecting the growing interest of the middle class in protecting wealth amid global economic uncertainty.