They just discovered a country with over $80 billion worth of gold deposits.

China claims its geologists have discovered gold deposit the cost of which can be 83 billion dollars. You will also need to check whether it can be removed. Not all deposits of this element are suitable for turning into mines. But if this is achieved, it will be a great incentive for economic plans of an Asian country.

The truth is that this is not something new for China. This is currently country that produces the most goldNext come Russia and Australia. The vast majority of gold mined in the world comes from these countries. Although they do not always mine the land within their borders.

For example, in the case of China, they are also responsible for the exploitation of some gold deposits located in various countries. African countries. This is partly what made them the great power they plan to remain. But how did they achieve this? If we leave aside external exploitations, there is a lot of gold there. Is it because something is happening on your land that is conducive to the accumulation of this precious material?

Precious metal from outer space

Gold, like most elements on Earth, was formed in space. In your case it requires a lot of energytherefore the current hypothesis for its formation is that it was caused by an explosion supernova or from merger of two neutron stars.

A supernova is formed when a very massive star running out of fuel continue litso he collapses and dies through huge explosion. At its center there finally remained something known as neutron star. Often there are several neutron stars in close proximity, which are gravitationally attracted to each other until they merge. This fusion is also a very explosive process that releases a lot of energy.

In any case, the point is that particles of gold would have remained suspended in space along with particles of other elements, such that when the Earth was formed were included in it. In particular, it is believed that they were originally deposited in core of the earth. However, they will arrive later meteorites which, in addition to being able to bring in more gold, will cause an impact causing gold to move from the core to the upper layers, which mantle and earth’s crust. Later, erosion caused by wind or water and other factors made it more vulnerable and exposed gold deposits.

Why are there so many gold deposits in China?

China is a huge country under which many lithospheric plates converge. There are positive and negative sides to this. The negative is that due to constant friction and movement between the edges of the plates, an area with high seismic activity. But the silver lining is that these tremors have helped gold move overseas. In addition, due to its great geological activity, there are a large number of hydrothermal deposits where gold-bearing fluids concentrate, penetrate into rock fragments and, after solidifying, form veins similar to those discovered by these Chinese geologists.

A huge treasure within China’s borders

At the moment, Chinese geologists claim that this gold deposit is located in the province HunanTo Depth 2000 meters. In total they found 40 veinswhich could be approximately 300 tons of gold. However, they believe that at a depth of 3,000 meters there will be even more veins, adding another 1,000 tons. All this will lead to the emergence of a gold deposit, the value of which reaches 600 billion yuan, equivalent to $83 billion.

Not valid on any gold deposit.

To develop a gold deposit, a combination of very difficult geological and economic conditions is required. Therefore it is calculated that only 10% of deposits that have been found so far in the world have been extracted.

This has forced China to look for deposits in other places where, although they have gold, they do not have the economic resources to extract it. Africa was the ideal place for this.

In recent years, China has significantly expanded its mining enterprises; but also, He bought even more gold. It seems that, given the current tensions in the global economy, they want to accumulate gold so that if necessary, they will be as little dependent on the dollar as possible. After all, a country’s economy and even its geopolitical relationships with other countries depend on something as seemingly simple as its geology. This is why it is so important to know about science.