top of page

Trillion Dollar Gold Rush 2.0: El Salvador, China, & Pakistan Strike Enormous 'Supergiant' Gold Veins


Frisco Tech Hub Banner

Frisco Strikes Gold
NVIDIA Senior Researcher and CEO

Recently, Pakistan, China, and El Salvador have made headlines with their substantial gold discoveries, which have potential implications for their economies and environmental policies.


In Pakistan, a significant gold reserve has been discovered along a 32-kilometer stretch of the Indus River near Attock, Punjab. The reserve is estimated to contain 32.66 metric tons of gold, valued at approximately $2.87 billion. This discovery could provide a substantial economic boost for Pakistan.


El Salvador, on the other hand, has identified what could be one of the largest gold deposits per square kilometer in the world, with potential reserves estimated at $3 trillion. Despite the enormous potential economic benefits, President Nayib Bukele faces a dilemma due to a previous nationwide ban on metal mining, instituted over environmental concerns.


The government is contemplating whether to lift this ban to access the gold, which could dramatically transform the country's economy. However, this move is controversial due to potential environmental impacts, particularly on water sources​.

.

These discoveries underscore the significant economic opportunities that large mineral reserves can offer nations but also highlight the environmental and social challenges that come with large-scale mining operations.



Recently, China has made significant discoveries in its gold reserves, with one particularly notable find being called a "supergiant" deposit. This new discovery in the Hunan Province contains an estimated 1,000 metric tons of high-quality gold ore, potentially making it one of the largest and most lucrative gold reserves ever found. This gold deposit has an extraordinary grade, with some core samples showing as much as 138 grams of gold per ton, which is considered exceptionally high.​

.

Additionally, China has reported significant finds in other regions as well, including Gansu, Inner Mongolia, and Heilongjiang, adding a total of 168 tons of identified gold resources. This includes a super-large deposit in Gansu Province consisting of 102.4 tons. These discoveries are part of a broader strategy by China to enhance its mineral resource reserves, which has also led to a notable increase in its gold reserves over the past year​.

.

Gold Rush 2.0: China Strikes Enormous 'Supergiant' Gold Vein

Writer:


Albert Angarita Texas Realtor


The Frisco News Banner

To Contact The Frisco News Directly click here

Do you want your business, talent, or article featured on The Frisco News? submit inquiry






 

Disclaimer: The views, opinions, and statements expressed in this article are solely those of the author(s) and do not necessarily reflect the official policies, positions, or beliefs of The Frisco News, its affiliates, employees, officers, or owners. The content provided is for general informational purposes only and should not be considered as legal, financial, medical, or any other professional advice. The Frisco News does not guarantee the accuracy, reliability, completeness, or timeliness of any information presented and expressly disclaims all liability for errors, omissions, or delays. By accessing this article, you agree that The Frisco News, its affiliates, employees, agents, contractors, licensors, and assigns shall not be liable for any claims, losses, damages, costs, or expenses (including but not limited to direct, indirect, incidental, consequential, punitive, or exemplary damages) resulting from your reliance on the information provided or from any third-party links, advertisements, or resources referenced herein. Your use of this content is at your sole risk, and you are strongly encouraged to seek professional counsel for your specific needs. Furthermore, The Frisco News reserves the right to modify, update, or remove content at its sole discretion and without prior notice. No guarantees, explicit or implied, are made about the suitability, applicability, or legality of any content or materials for your specific purposes. Any dispute arising from your use of this article shall be governed exclusively by the laws of the State of Texas, without regard to conflict-of-law provisions, and shall be adjudicated solely in the courts located in Collin County, Texas. By continuing to access or use this article, you agree to indemnify and hold harmless The Frisco News, its affiliates, employees, agents, and representatives from any and all claims, liabilities, or damages, including reasonable attorneys' fees, arising from y