🌊 China Discovers Asia’s Largest Undersea Gold Deposit Off Jiaodong Peninsula

China has uncovered its first undersea gold deposit, reportedly the largest in Asia, off the coast of Laizhou in Shandong province, as part of a broader push to expand its precious-metals resource base.

🛢️ Historic find: The deposit — China’s first undersea gold discovery — is now Asia’s largest of its kind, marking a major milestone in mineral exploration.

📊 Massive reserves: Laizhou’s total proven gold reserves have climbed to over 3,900 tonnes (~137.6 M oz), roughly 26% of China’s total gold reserves and output.

🛠️ Growing exploration: This comes amid a string of significant gold find announcements in China, hinting at far larger national reserves than previously estimated.

The undersea discovery not only enhances China’s strategic resource portfolio but also signals increasing investment in deep-water and frontier exploration at a time of strong global gold demand — which could influence both domestic mining policy and bullion market positioning.

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