21.12.2025 12:25
China announced that it has discovered the country's first underwater gold deposit off the coast of Shandong province. The reserve, located off the Jiaodong Peninsula, is said to be the largest underwater gold deposit identified in Asia to date.
The statement from China has caused a significant stir in the mining sector. Officials announced that the country's first underwater gold deposit has been discovered off the coast of Shandong province in eastern China. The reserve, located off the Jiaodong Peninsula, is said to be the largest underwater gold deposit ever found in Asia.
TOTAL RESERVE EXCEEDS 3,900 TONS
While no exact amount regarding the size of the discovery has been disclosed, official data indicates that with the addition of this new deposit, the total gold reserve in Shandong province has exceeded 3,900 tons. This amount corresponds to approximately 26% of China's known total gold reserves.
SEARCH ACTIVITIES ACCELERATED IN RECENT YEARS
Experts point out that this underwater reserve holds strategic importance for China's long-term mining policies and resource security. It is noted that the Beijing administration has accelerated mineral exploration activities in recent years, with approximately 450 billion yuan invested in this area since 2021.
The recent discovery is seen as a continuation of a series of large-scale gold findings in China. Previously, a large land deposit containing over 1,400 tons of gold was discovered in the northeast of the country, which was recorded as the largest single gold discovery since 1949.