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Eloro Resources, a tin exploration company, has discovered an important deep tin mineralization zone beneath a potential initial open-pit at its Iska Iska polymetallic project in Bolivia. In its recently defined diamond drilling program, Eloro intercepted an 87-meter tin-bearing zone grading 0.74% Sn at a depth of 291.8 meters, including a 33-meter interval grading 1.39% […]

In recent days, public attention has focused on the U.S. gold reserves, particularly the holdings at Fort Knox, the country’s largest gold depository. Bank of America Securities has suggested that a market-based revaluation of U.S. gold reserves could benefit gold prices. However, U.S. Treasury Secretary Scott Bessent has dismissed the possibility of revaluing gold reserves

President Joe Biden is expected to block Nippon Steel’s $15 billion acquisition of U.S. Steel, potentially as soon as Friday, January 3. This decision would end months of lobbying by both companies to gain U.S. government and bipartisan approval. Two informed sources revealed that the Biden administration has consistently approached the deal with caution, leaning

Last December, Japanese steel giant Nippon Steel announced plans to acquire U.S. Steel for 2 trillion yen (approximately $14.9 billion). The deal met bipartisan opposition in the U.S., and one year later, its fate remains uncertain. The original deadline for the acquisition is set for the end of December. As the date approaches, Nippon Steel

According to a report by Mining.com citing Reuters, Panama’s President Jose Raul Mulino stated on Thursday that over 100,000 tons of copper concentrate stored at the closed First Quantum mine pose no immediate environmental risk. The Cobre Panama copper mine was shut down in November last year after Panama’s Supreme Court ruled the contract between

According to media reports, the Biden administration is divided over Nippon Steel’s acquisition of U.S. Steel. The U.S. Department of State, Department of the Treasury, and Department of Defense believe the deal does not pose a national security risk, but President Biden is still expected to block the transaction. In December last year, Nippon Steel

According to a report by the International Copper Association (ICA) India chapter, India’s copper demand is forecast to rise by 13% year-on-year to 1.7 million tons in FY2024, driven by overall economic expansion. Notably, during the post-COVID period of FY2021-24, average annual copper demand grew by 21%. The ICA India chapter highlighted an 8% growth

Aurubis AG, a leading European copper producer, reported a 19% increase in pre-tax operating profit for the 2023/2024 fiscal year, reaching €413 million. The company confirmed its forecast for a €300–400 million reduction in operating profit for the 2024/25 fiscal year. Aurubis proposed a dividend of €1.50 per share, exceeding analysts’ expectations. CEO Toralf Haag,

According to foreign media on November 29, a senior mining official stated on Friday that Indonesia will inspect mining companies’ compliance with environmental regulations and other rules. The government will “reassess” output quotas for companies found in violation to ensure the sustainability of mineral reserves. Indonesia, rich in natural resources such as copper, gold, tin,

According to Mining.com, citing Reuters, the Australian government announced on Monday its intention to legislate tax incentives to encourage mining sector investments in expanding renewable hydrogen and critical mineral production, both of which are pivotal to its energy transition strategy. The government stated that the proposed legislation would provide a 10% cost deduction for the