The Biggest Discovery of the Last 20 Years: 2 Thousand 317 Tons of Gold Found

It was stated that the largest gold, metal and mineral reserves of the last 20 years were discovered in the research carried out in the sea beds between Norway and Greenland. In the first scaling made by experts, it was announced that the reserves found contained 2 thousand 317 tons of gold.
While Norway is among the richest countries in the world with the Norwegian Wealth Fund, which recently announced a profit of 107 billion dollars, a new discovery has been made that will increase the country’s welfare level.

Norwegian researchers announced that a new reserve has been discovered, approximately twice the annual amount of precious metals mined throughout the world, and stated that the mines found contain tons of gold, silver, copper and zinc.

THE SIZE OF THE MINES FOUND IS 2 THOUSAND 317 TONS

In a statement, the Norwegian Petroleum Directorate (NPD) said that a Norwegian research team had discovered large metal and mineral reserves under the seabed of the country’s wide continental shelf. The major discovery will reportedly give Norway, one of the world’s largest oil and gas exporters, the chance to extract significant amounts of minerals, from gold to rare earth metals.

ENVIRONMENTALISTS REACT TO THE EXTRACTION OF GOLD MINES

While the mines are reportedly located off the coast of Norway and the Greenland Sea, environmental activists oppose the extraction of large amounts of reserves. Norwegian authorities are currently considering whether to open offshore areas to deep-sea mining, a process that requires parliamentary approval and raises environmental concerns. Environmental activists have called on the Oslo government to postpone seabed mineral exploration until more research is done to understand the organisms living on the seabed and the impact of mining on them.

A MUST HAVE FOR ELECTRIC CARS

Many automobile giants in the world are gradually shifting their entire production process to electric vehicles. NPD’s Technology and Analysis Director Kjersti Dahle said, “Magnesium, niobium, cobalt and rare earth minerals, among the metals found on the seabed in the study area, are on the European Commission’s list of critical minerals.”

Dahle said, “Expensive rare minerals such as neodymium and dysprosium are extremely important for magnets in wind turbines and the engines of electric vehicles,” and listed his predictions about the areas in which the found reserve can be used.