On October 27, the Henan Provincial Bureau of Geology and Mineral Resources released the news, the bureau found a very large gold mine in Tongbai County, according to the relevant technical experts who undertook the project confirmed: after 10 years of geological survey, a major breakthrough in the search for minerals has been made in Tongbai County, of which a total of 16 gold ore bodies have been found, and the average thickness of the ore body is between 1 meter and 3 meters, and the preliminary estimate of the gold reserves of the mine is as high as 31.55 tons, and the follow-up is expected to break through the gold reserves to the level of 50 tons, which is already a very large gold mine. In addition to gold, the mine is also associated with other minerals such as 456 tons of silver, 100,000 tons of lead, and 90,000 tons of zinc. As soon as the news came out, countless netizens made fierce comments on this, many of whom said that if they found extra-large gold mines, would China's gold prices plummet? How rich are china's gold reserves?
<h1 class="pgc-h-arrow-right" data-track="2" > how much gold is distributed on Earth? How rich are China's gold reserves? </h1>
The reason why gold is sold so expensive in the market must be to follow the standard of rare things. But this is not the case, and the amount of gold reserves on the planet is staggering. According to expert surveys, all the gold reserves on the earth account for one percent of the earth's mass, what is this concept, do not underestimate this one percent, in fact, this quantity is already very large, because the mass of the earth is 60 trillion billion tons, even if it is one percent, it is an incredible order of magnitude. If so, why is gold still scarce and expensive?
In fact, this is related to its mining difficulty. There are many gold reserves on the earth, but in terms of human technology, it can be successfully mined very, very little, gold element in the element cycle as a relatively large element, the place where it hides at the beginning of the birth of the earth is in the deep underground, because the formation of gold requires high temperature and high pressure, in the depths of the earth, whether it is pressure or temperature or various environments are insurmountable by human science and technology, so the gold we are mining now can only be said to be mined in the most superficial place on the surface of the earth. The amount there accounts for the total savings of the earth's gold, and the real amount of gold cannot be mined underground, so that although gold is hugely stored on the earth, it is still a precious metal.
Therefore, as of the current location, the gold storage released by our country has accumulated about 14,000 tons, and it is also due to various reasons that China's gold mines are only mined to a part, in fact, China has gold mines found every few years, but compared with this Henan mega gold mine, it is much smaller, so thanks to the vast land, our country's annual gold resource reserves are growing.
<h1 class="pgc-h-arrow-right" data-track="12" >That is the case, will the discovery of this extra-large gold mine cause China's gold price to plummet? </h1>
Unfortunately, this possibility is almost zero. Experts also gave an official explanation: although Henan found extraordinarily large gold mines, this is not enough to affect the gold price plunge, because the amount is still too small.
There are three reasons for this, first of all, we have mentioned above that gold is hidden deep underground, and even if the gold we can mine now is at a depth that we cannot imagine, which leads to the high cost of mining gold, since the cost is so high, how can the price of gold flowing into the market plummet?
Secondly, the gold we are mining now is mainly based on rock gold, the mining technology required for rock gold is more complex, the difficulty is higher, the mining process is more cumbersome, it needs to go through: exploration, mineral processing, mining, smelting and refining and other procedures, each of which is high difficulty and high input, take the Henan mega gold mine, its gold reserves are mainly under the ground of 600 to 1000 meters, the mining difficulty is not generally high, and do not underestimate the 31 tons of gold ore, The time required to completely complete the mining is not the usual long, and the small output and long mining time each time make it simply not enough to shake the price of the gold market.
In addition, gold has always been one of the important means of international settlement, by the world's attention, because gold can not only do jewelry and currency settlement function, many of our daily life equipment parts also need to use gold, large to the national defense industry missile aircraft, aerospace field, small to electronic instruments, mobile phone equipment, etc. are indispensable raw materials, so gold is also one of the strategic materials in the world, its importance is self-evident. In human history, gold has hardly depreciated, in our country's dynasties, gold is an effective way of transaction settlement, in solving the economic crisis is a very effective precious metal, currency can depreciate, but gold will never depreciate, so if you want to invest, gold can be regarded as a very stable retention rate of investment projects.