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Huge $16 billion gold deposit discovered in China

Cecilia Jamasmie | July 19, 2013 | 6:32 pm Base Metals Precious Metals China Europe Gold Iron Ore Zinc 

Chinese authorities from the Xinjiang Uygur Autonomous Region confirmed Friday the discovery of a 50 tonnes gold deposit that also holds 187 million tonnes of iron and 1.5 million tonnes of zinc. According to China's state-run Xinhua news agency the...

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