Survey finds nearly 11 tonnes of gold in northern Moravia

A new geological survey by the state-owned company Diamo has revealed that deposits near Zlaté Hory in northern Moravia contain almost 11 tonnes of gold—five times more than previously estimated. The find is valued at nearly 30 billion crowns, though only part of it could be mined profitably. Gold mining in Czechia ceased more than 30 years ago, but rising global prices and recent survey results have revived debate about resuming extraction. Local authorities, however, remain firmly opposed to reopening the mines.