China's Central Geological Exploration Fund discovers 50 deposits

In the last four years, the Beijing-based Central Geological Exploration Fund has invested RMB 1.9 billion ($291 million) in survey and exploration projects for mineral resources. In the given period, a total of 188 such projects have been carried out, 155 of which have been carried out jointly with other enterprises. As a result of the projects, a total of 50 mineral resource deposits have been discovered, the Central Geological Exploration Fund stated.