Big gold mine found in inner Mongolia

SinoCast — Geologic survey workers recently discovered a supersized gold mine in Urat Central Banner of Bayan Nur City, Inner Mongolia autonomous region. The resource reserve is 148.5 tons and available reserve stands at 130.4 tons, the gold mine ranks the top in the autonomous region for its proven resource reserve. Since 2011, Inner Mongolia Pacific Mining Co., Ltd. has spent nearly CNY 80 million in conducting profound investigation into Haoyao Erhudong gold mine in Bayan Nur City and has made breakthrough, finding 75.9 tons of new gold reserve. This made its proven gold reserve hit 148.5 tons.