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).

A deposit of high-quality gold ore containing around 1,000 metric tons (1,100 US tons) of the precious metal has been discovered in central China, according to Chinese state media. Valued at approximately 600 billion yuan or US$83 billion,

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,