Accidentally found a billion-dollar gold mine, with reserves of nearly a hundred tons, making the media 'crazy'

The value of this gold mine is greater than the GDP of some countries in the world.

Turkey has discovered a gold mine with gold reserves of up to 99 tons . This information has been confirmed by Turkish news agency Anadolu to international media.

Notably, news about the accidental discovery of gold "treasure" often appears on the front page of Anadolu, but news about this incident has a whole bunch of cards.

The reason this news is hotter than ever is because the value of this gold treasure is estimated at US$6 billion , which is even higher than the GDP of many economies around the world.

In addition, the Turkish Minister of Energy and Natural Resources, Mr. Fatih Dönmez, in a reply to the media said that currently Turkey's gold reserves are about 1,175 tons. Thus, this newly discovered 99-ton gold mine has reserves of approximately 1/12 of the entire country.

Picture 1 of Accidentally found a billion-dollar gold mine, with reserves of nearly a hundred tons, making the media 'crazy'

The total value of the gold vault is up to 6 billion US dollars. (Photo: hurriyetdailynews.com).

According to statistics site Worldometer, the GDP of Maldives is $4.87 billion, Liberia is $3.29 billion, Bhutan is $2.53 billion, Burundi is $3.17 billion, Lesotho is $2.58 billion la. These economies are much smaller in size than the gold reserves found in Turkey. Similarly, Mauritania, Montenegro, Barbados, Guyana and other economies are also smaller than the above $6 billion gold mine.

The gold mine was discovered in the west bank of the peaceful town of Sogut. After the bidding period, in 2019, the Gubretas Fertilizer Manufacturing Company of Turkey won and became the owner of this huge gold mine.

Picture 2 of Accidentally found a billion-dollar gold mine, with reserves of nearly a hundred tons, making the media 'crazy'

The Gubretas Fertilizer Company became the owner of the gold mine. (Photo: miningreview.com)

Fahrettin Poyraz, head of the Agricultural Credit Cooperative of Turkey's Gubretas Fertilizer Manufacturing Company, also confirmed to the media that the value of the gold vault falls to around US$6 billion.

Mr. Poyraz said that this gold will be mined in the next two years and it will help a lot for the Turkish economy. The share price of Gubretas Company also increased by 10% following the news of the discovery of the gold treasure.

Update 06 November 2021
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