Facebook YouTube Share Tiktok Linktree by Goldminingtips Admin How to Spot Fool’s Gold It is understandable for a gold prospector to celebrate finding rocks with a shiny appearance in their gold pan; thinking that they have found gold. Before celebrating your find, you should make sure that you have actually found real gold and not one of the rocks that are often mistaken for gold. In this blog, we explore some of the rocks that are often mistaken for to gold. We also provide some useful information to help you identify if you found a material that looks like gold but is not. Why Learn How to Identify Fool's Gold? Although some rocks / materials can be mistaken for gold due to their metallic appearance, if you know what to look for, and how to do proper tests, you shall be able to easily distinguish between fool's gold, and other worthless material, and gold. This shall allow you to co...
Facebook YouTube Share Tiktok Linktree by Goldminingtips Admin China Announces Discovery of World's Largest Gold Deposit A large gold deposit, potentially the world's largest, has been discovered in the Wangu goldfield, Pingjiang County, Hunan Province, China. The Wangu goldfield, already a critical mining hub for China, has received nearly 100 million yuan in mineral exploration investments. The deposit is estimated to include in excess of 1,000 tonnes of gold, which would be valued at approximately $83 billion USD. A New World Record The significance of the discovery is that, once confirmed, the gold reserves surpass the previous largest gold reserve at South Africa's South Deep gold mine, in the Gauteng province. The South African gold mine holds around 930 tonnes of gold. The find is significant for China's resource security and solidifies its position as a leading global gold producer. Details of the Gol...