A "supergiant" gold ore deposit under an existing gold mine in China?

VidaEterna

Joined: Nov 2008

Posts: 12554

EE: 100% (237)

TN, USA

Posted: 8/26/2026 7:11:34 PM EDT

If true, wonder what this will do to the petrodollar and/or Gold prices?

https://www.yahoo.com/finance/markets/commodities/articles/geologists-might-stumbled-upon-largest-145941797.html

jaqufrost

Member

Joined: Sep 2004

Posts: 65983

EE: 100% (115)

OK, USA

Posted: 8/26/2026 7:18:10 PM EDT

[#1]

The article is a bit odd. It states the news caused gold to rise to $2700/oz.

A giant new find should lower the cost of gold.

Gold is about $4600/oz right now.

Procat

Joined: Dec 2018

Posts: 3830

EE: 100% (95)

MO, USA

Posted: 8/26/2026 7:26:49 PM EDT

[#2]

I don’t believe any claims that come out of China about anything until there’s evidence to back it up. Everything is propaganda for one purpose or another.

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A "supergiant" gold ore deposit under an existing gold mine in China?

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A "supergiant" gold ore deposit under an existing gold mine in China?

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A "supergiant" gold ore deposit under an existing gold mine in China?