China finds 2 gold deposits totaling over 2,000 metric tons
NewsBytes | May 20, 2026 11:39 AM CST
Wangu $83 billion, Dadonggou 91% recovery
The Wangu site is called a "supergiant" find, with confirmed reserves at deep levels and an estimated value topping $83 billion.
Dadonggou might hold up to 1,500 metric tons: even though its gold is lower grade, it's surprisingly easy to extract (with recovery rates as high as 91%).
Dadonggou appears geologically distinctive and could inspire new ways to hunt for gold down the line.
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