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

Then again, China has the know-how and experience to make things happen. The East Asian giant is already the world’s biggest producer of gold, just behind Russia and Australia. In fact, most of the world’s excavated gold – enough to make a solid 23 by 23-meter (75 by 75-foot) cube – has been unearthed from those three nations.

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 gold field in central China could yield more than 1,000 tonnes of gold, the Geological Bureau of Hunan was quoted as saying by Chinese state media.

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,

China is already a dominant player in the global gold market, boasting reserves in excess of 2,000 tons, according to latest estimates.

Geologists in China have been stunned after finding a "supergiant" deposit of gold worth more than £65 billion. According to Chinese state media, the astonishing precious metal reserve is more than 1,

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,