Hunan Gold shares surge after large deposit found in China
The Geological Bureau of Hunan Province said on Thursday that it had detected more than 40 gold veins containing an estimated 300 tons of the precious metal.
China’s first precious metals spot exchange began trading Tuesday in Chengzhou in Hunan Province.
The Hunan South Rare Precious Metals Exchange is based in China’s silver capital in Yongxing County. Its first four products to be listed are silver, bismuth, indium and tellurium.
