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in General Factchecking by Novice (640 points)
Is it really true that world largest deposit of gold was found in China?

3 Answers

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by Apprentice (1.2k points)

Upon some simple fact checking, very few sources have reported on this subject. This linked article is the main one that comes up, however, there are some other articles stating the same thing from websites like ScienceAlert and Live Science. All the other sources that come up regarding gold deposit found in China is dated or only somewhat related to the sheer amount of gold that was found. However, this lack of sources doesn't necessarily make this claim false. I think that this news just isn't as popular, and reporters/news companies have been focusing their efforts on other stories. For the time being, there are a few articles regarding this subject but they all state the same information including how much the gold is worth, when it was found, and how. If information comes out proving that this claim was false, I wouldn't be surprised, so for now I think it's best to stay updated on this subject and hopefully more sources will report on it. 

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by Novice (600 points)
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The evidence you presented is excellent. You used reputable sources, and it shows you did your due diligence with this fact check. I enjoy how you didn't flat-out say it is true or false because it is something that is under investigation. It can't be true or false yet.
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by Newbie (430 points)

This is true according to Chinese local government websites. On this post posted on the Hunan Provice People's Government Website and this post posted on the Geological Bureau of Hunan Province Website, I see all the figures and locations mentioned on the Fox News "600 billion yuan", "Pingjiang County", "Wangu Goldfield", "40 gold ore veins", "300.2 tons of gold resources".

The information and claims on the two posts are identical with the Fox news article, so this is true.

Hunan government post: https://www.hunan.gov.cn/hnszf/hnyw/szdt/202411/t20241122_33508053.html

Hunan Geological bureau post: http://hnsdzy.hunan.gov.cn/dzy/c100643/dzyw/202411/t20241122_33508546.html

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by Novice (630 points)
edited by

The claim that the world's largest gold deposit was just found in China is unequivocally true. Fox News, which is the source provided in the original claim, says that the deposit is worth $83 billion. “News week”, “ScienceAlert”, “Daily mail”, and the “Economic times” all back up this same claim. The only source I found saying differently about this is “Marksman daily” claiming the deposit was worth 600 billion. With this assortment of sources it's fair to say that the claim is true.

https://www.livescience.com/planet-earth/geology/supergiant-gold-deposit-discovered-in-china-is-one-of-the-largest-on-earth-and-is-worth-more-than-usd80-billion

https://nypost.com/2024/11/30/world-news/china-claims-to-have-unearthed-the-largest-gold-deposit-in-the-world-worth-83b/

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by Apprentice (1.0k points)
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I appreciate how you pointed out that many other sources are backing up the claim. The one source that says such a different number is weird, but since it is the only claim it doesn’t seem like that big of a deal. I would say just make sure to include the links to your other sources.

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