Ruihai Mining company announced the discovery of large gold deposits at the bottom of the Yellow sea, near the Eastern coast of China, near the island of Sanshan, the website South China Morning Post.
It was the first discovered in China underwater gold Deposit.
According to experts, the reserves of gold in this Deposit ranged from 470 to 1500 tons. But its development is associated with significant technical difficulties, since the Deposit is at a depth of 2 kilometers.
China is the world’s largest producer and consumer of gold. According to official data, the volume of its gold reserves at the end of June 2015 reached 1658 tons, notes TASS.