Arab Today, arab today extensive gold reserves discovered in northwest china
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Extensive gold reserves discovered in northwest China

Arab Today, arab today

Arab Today, arab today Extensive gold reserves discovered in northwest China

Beijing - XINHUA

Geologists in China have said they’ve found gold reserves in a northwestern province that could be worth $32 billion to the country’s economy. The discovery was made in China’s Xinjiang Uygur Autonomous Region, the country’s state-run Xinhua News Agency reported earlier this week The gold deposit in Xinyuan County in the Ili Valley is estimated to contain at least 53 tons, Zeng Xiaogang, head of the region’s geology and mineral resources bureau, said. The gold-bearing region reportedly stretches for almost 2 miles at depths of 200-1,000 feet. It is also estimated to hold 31,000 tons of copper, Zeng said. A mining group has spent 5 years and $24 million to find the reserves, which it hopes to begin mining by the end of 2015, he said. It is the second large gold reserve discovered in the Ili Valley; one containing 50 tons was found in 1988, Zeng said. According to the bureau, the mine is the largest such resource found in the area of Xinjiang’s western Tianshan Mountains. The zone is within the Narat-Hongliu River metallogenic belt, together with gold mines in Uzbekistan, Kyrgyzstan and Kazakhstan, indicating further ores are likely to be found in the belt.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today extensive gold reserves discovered in northwest china Arab Today, arab today extensive gold reserves discovered in northwest china

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today extensive gold reserves discovered in northwest china Arab Today, arab today extensive gold reserves discovered in northwest china

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday