geology

Mining

China Discovers World’s Largest Gold Deposit in Hunan Province

by

China has discovered the world’s largest gold deposit—over 1,000 tons found 2,000 meters underground in Hunan province. Valued at $83 billion, the Wangu find cements China’s dominance in the global gold market while sparking debate on environmental and social consequences.

Energy / Mining

Seismic Tension Between Antarctic and Scotia Plates Triggers Major Earthquake in Magallanes, Chile

by

A 7.5-magnitude earthquake struck off the coast of Puerto Williams in Chile’s Magallanes Region, caused by tectonic pressure between the Antarctic and Scotia plates, according to Chile’s Seismological Service.