Massive Gold Mine Discovered in China's Xinjiang Province
Musings On The Finite Statist Machine
| New discovery in China’s Xinjiang province could have up to 200 tonnes of gold (Reuters) |
http://www.ibtimes.co.uk/massive-gold-mine-discovered-chinas-xinjiang-province-1459136
Nigel Wilson
By Nigel Wilson
July 31, 2014 10:27 BST 18 5
The new find, close to the border with Kyrgzstan, has proven gold reserves of 127 tonnes, Xinhua said. If the estimates are correct, the reserves could be worth around 40 billion yuan ($6.5bn, £3.8bn, €4.8bn.)
It the biggest gold mine discovered in Xinjiang Uighur Autonomous Region to date.
Prospectors have explored Xinjiang for more than two decades, finding 21 gold ore belts in that time.
The Xinjiang Geology and Mineral Exploration Bureau’s Cui Hongbin said 127 tonnes of gold reserves had been reported by June, as cited by Xinhua. The mine could potentially have a capacity of 200 tonnes of gold, said Cui.
Xinjiang Tongyuan Mining Limited led the exploration effort, according to reports in the National Business Daily newspaper.
The South China Morning Post reported that no mining companies have yet made a deal to explore the newly discovered gold.
The discovery is a rare success story in the exploration sector that has suffered in recent years. The mining industry has suffered from the global financial crisis, with companies slashing exploration budgets for nonferrous minerals by 29% in 2013.
Xinjiang Disorder
Xinjiang recently suffered a deadly outbreak of violence, as dozens were killed or injured when an armed gang attacked a police station on Monday.
While information is hard to come by in the tightly censored region, reports suggest that the gang targeted police officers and Han Chinese settlers in a deadly knife attack. Other reports suggest the violence occurred when police cracked down on Uighur Muslims observing Ramadan.
Campaigners for Uighur rights have said China’s policies towards the ethnic group in Xinjiang are repressive.
Source: http://americankabuki.blogspot.com/2015/07/massive-gold-mine-discovered-in-chinas.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,708,746,406 |
| Stories: | 8,451,208 |
Whistler Blowers, Insiders
