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© Bobby Yip
/ Reuters
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A huge deposit holding at
least 470 tons of gold has been discovered beneath the seabed of the East China
Sea. The
largest deposit is located two kilometers below sea level in an area with
estimated reserves of at least 1,500 tons of gold. It was discovered in the
Laizhou city which has the largest gold reserves in China. More than 2,000 tons
of gold has been found there recently.
“It’s
very difficult to locate and set up the drilling platforms at sea,” said Ding
Zhengjiang, the deputy director of the Shandong Provincial No. 3 Institute.
