close
This ad will auto close in 10 seconds

Chinese herdsman finds huge gold nugget

A herdsman in China`s far western Xinjiang Uygur Autonomous Region found a 17-pound (7.85 kg) gold nugget that was "practically lying on the bare ground".


Chinese herdsman finds huge gold nugget

Beijing: A herdsman in China`s far western Xinjiang Uygur Autonomous Region found a 17-pound (7.85 kg) gold nugget that was "practically lying on the bare ground".

The Kazak herdsman, Berek Sawut, from Qinghe county in Altay prefecture made the extraordinary discovery around 5 p.m. last Friday, Xinhua news agency reported.

The estimated price for such an unexpected luck, assuming the nugget is 80 percent pure -- nuggets are usually 80 to 90 percent pure -- is a whopping 1.6 million yuan ($255,313) based on latest gold price.

Zhu Xinfeng, a local expert said the price of natural gold, considering its uniqueness, is often several times higher than that of standard gold.

The random-shaped gold nugget is about 23 cm long, 18 cm on its widest side and eight cm at its thickest.

A gold nugget is a naturally produced irregular piece of gold, and is most frequently found through mining. The name Altay means gold in Mongolian. A 1.84-kg gold nugget was also found in Altay in 2010.

 

From Zee News

0 Comment - Join the Discussions

trending

photo gallery

video


WION FEATURES

K8 Plus: Lenovo's new phone available @ Rs 10,999

Heavy security outside Dera Sacha Sauda headquarters in Sirsa as search operation begins

WATCH Exclusive: After Doklam standoff, India begins road construction near LAC

Hurricane Irma, rampaging through Caribbean, is most enduring super-storm on record

Three train derailments in 1 day, fourth accident narrowly-averted

China says Indian Army chief's views contrary to those expressed by Modi, Xi