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,

The world's largest gold deposit has been discovered in China's central Hunan province - and geologists believe it could hold 1,000 tonnes of the precious metal. At current prices this 'supergiant gold deposit' could be worth more than $80 billion (£63bn),

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).

More than 40 'seams' of gold deposits have been discovered in Hunan Province, in the centre of China, with the precious metal reserve estimated to be more than 1,000 tonnes

China has discovered the world's largest gold deposit, estimated at ¥600 billion, containing 300 tons at depths of up to two kilometers. Experts suggest potential reserves exceed 1,000 tons. The find,