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Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

author:Pear knows

Gold has always been used as a sign of wealth, and people will even use the term that there is a gold mine in the family to describe a person who is rich in the family. Back in ancient feudal societies, successive emperors would use gold as the most expensive currency, and would also make gold into exquisite jewelry to highlight their status. For now, gold is also a very valuable item, which is one of the reasons why people love gold alone.

On the evening of October 27, a large gold mine was found in Weishan City, Zhuzhuang Town, Tongbai County, Nanyang City, Henan Province, and it was reported that there were 16 ore bodies of gold mines, with a total of 31.55 tons, and many friends in the gold industry estimated its value, and finally the 31.55 tons of gold mine was valued at 11.6 billion.

<h1 class="pgc-h-arrow-right" data-track="3" > extraordinarily large gold mine found in Henan. </h1>

At the beginning, the general situation of the Henan gold mine was mentioned, of which the gold mine has a total of 16 ore bodies, and the so-called ore body refers to the geological body containing a sufficient amount of ore and having mining value.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

The reason why it can be divided into 16 shows that the shape, production and scale of the ore body are different, and there is a surrounding rock wrapping with no economic value around each ore body, and the formation of the ore body is also affected by the factors of the controlled mine site, such as the formation, rock, geological structure and the mode of action of the mineral body.

Among the 16 gold ore bodies, the average diameter can reach 1 meter to 3 meters, and the gold content is also very impressive, with a minimum of 1.15 grams per ton of ore and a maximum of 56.9 grams per ton.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

Not many people may be able to imagine what the concept of this 31.55-ton gold mine really is. It can be converted slightly, according to the density of gold 19.32 tons / cubic meter to convert, 31.55 tons of gold occupies a volume of about 1.7 cubic meters.

If you can dig them all out and put this 1.7 cubic meters of yellow gold in front of you, it is enough to satisfy your fantasy.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

In gold mines, gold and rock are usually mixed together, but because of the density of gold, and the gold itself is simple, it is inherently inactive, so it will not form other compounds with sulfur or oxygen, even if it is embedded in the rock, it will indeed emit golden light.

Of course, gold particles that can be seen by the naked eye are rare without special treatment, because in natural gold mines, only gold particles with a diameter greater than 0.1 mm will be seen by the naked eye, and this gold particle that can be seen by the naked eye is also called bright gold.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

That is to say, the 1.7 cubic meters of gold put into a piece is scattered with rocks in the shape of sand or ash, not the kind of gold we usually see in movies from sand panning for gold.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

After learning the general situation of the gold mine, it is necessary to continue to talk about the total of 31.55 tons, worth 11.6 billion gold mines, in the end will not affect the current price of gold, suddenly appeared a very large gold mine will not lead to a decline in the price of gold?

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The gold mine discovered in Henan this time is a very large gold mine, but it is difficult to surpass the largest province of gold mines in China, and it will be difficult to surpass it in the future.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

In fact, the largest province of gold mining in China is not Yunnan, nor Inner Mongolia, but Shandong, and Shandong is also known as the "capital of gold mines". In addition to Shandong, which ranks first in gold mines, and Henan, where gold is ranked second, there are also many gold discoveries in yunnan, Jiangxi, Inner Mongolia and Hubei provinces.

The gold mine found in Henan this time, many netizens have calculated its price, that is, under the premise of the current gold price of 370 yuan per gram, multiplied by the total amount of gold that can be mined in 31.55 tons, that is, 11673500000 yuan, about 11.67 billion yuan.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

However, the gold mine is not being mined now, and it is not easy to mine such a huge mine, and it takes a lot of time, don't think about it in a few months, mining and processing are possible in 5 to 10 years.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

If you keep mining gold every day, the ore that can be mined in a day is about 5,000 tons, and if you start construction for 300 days a year, you can mine 1.5 million tons of ore a year, and the gold that can be extracted from 1.5 million tons of ore is about 4.5 tons of gold, which is currently worth 1.665 billion yuan.

Excluding the cost price of about 250 million yuan, excluding the cost of other equipment and debris, it can make a profit of about 1.465 billion yuan a year. Under normal circumstances, the mine has a mining life of 7 years, and finally the gold mine should generate a value of about 10.2 billion yuan without depreciating the renminbi.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

If you calculate the final value of this gold mine for many reasons, many people may feel more general and sound vague, so let's take a look at what the concept of this 31.55 tons of gold mine is.

Looking first at the Rand Gold Mine in South Africa, the total gold storage is 53,000 tons, and in the more than 150 years from 1866 to the present, 35,000 tons of gold have been excavated, of which 1,000 tons were produced in 1970 alone.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

On September 28, 2021, the Federal Reserve kept 5738.15 tons of gold, and at the end of 19 years, when China's total gold storage was still 1413.06 tons, the gold storage of the United States had exceeded 8134 tons. Until the end of September this year, China's gold reserves reached 1948.3 tons, of which 600 tons are deposited with the Federal Reserve.

Worth tens of billions, total 31 tons! Will the discovery of extraordinarily large gold mines in Henan cause the price of gold to plummet? Mega gold mine found in Henan. Will this mega gold mine affect the price of gold?

If you don't understand how much gold you have after saying this, you can go to Baidu to search for the total amount of gold in the world. At present, there are about 137,400 tons of gold in the world, and by the end of 2019, China's mined gold reserves have reached 1413.06 tons, and then look at the 31.55 tons that have not been mined, compared to the brother is not even a brother.

After a thorough analysis, I would like to say that this is only a relatively small amount of global gold, and it can only be mined slowly with the increase of time, not to mention the amount that can be mined at present, so it does not seem to have a great impact on the price of gold now.

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