future. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. The Company believes that the expectations reflected in the forward- looking information included in this media release are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Risks and uncertainties include, but are not limited to, economic, co ...

Indonesia has identified eight mining blocks that hold significant potential for rare earth elements (REEs), with plans for two research initiatives aimed at enhancing rare earth processing technology. This development was announced by Brian Yuliarto, the head of Indonesia's Mineral Industry Agency, reported Reuters. The South East Asian nation, the largest economy in the region, possesses extensive reserves of various critical minerals including rare earths. REEs, comprising 17 elements with 15 silver ...

Group 1 - Trading volume and open interest on China's metals exchanges reached record highs in January, driven by retail investors seeking opportunities in precious and industrial metals [1][3] - Speculators held record-high open interest in base metals such as copper, zinc, nickel, tin, lead, and aluminum, as well as near-record open interest in lithium at the start of 2026 [2] - The surge in speculative trading has led to significant volatility in global metals markets, with analysts noting that positioning and momentum are increasingly influencing price movements [3][6] Group 2 - Chinese regulators have implemented measures to curb speculation, including raising daily price limits and trading margins across various metals on the Shanghai and Guangzhou Futures Exchanges [4] - The Shanghai Futures Exchange reported record trading volumes in aluminum, copper, nickel, and tin futures in January, indicating a strong speculative interest [5] - The influence of China on metals futures markets is growing, with retail investor activity contributing to recent price fluctuations [6][7]

Group 1 - Solidcore Resources plans to commence production at the Syrymbet tin polymetallic mine in northern Kazakhstan in the first half of 2029, pending a positive investment decision in September 2023 [1] - The estimated tin metal resource at the Syrymbet mine is 375,050 tons, and it will be the first tin mining operation in Kazakhstan [1] - The CEO of Solidcore Resources, Vetaly Nesis, expressed confidence in a positive investment decision based on the doubling of tin prices since two years ago, with LME three-month tin closing at $51,955 per ton at the end of January 2023 [1] Group 2 - Demand for tin is expected to improve moderately, particularly in traditional applications like the food and beverage canning industry, as well as in new economic sectors such as data centers and renewable energy technologies [2] - The supply of tin is anticipated to stagnate due to depleting reserves in major producing regions like southern China, Myanmar, and Thailand, while new hard rock tin deposits are scarce and located in complex geopolitical areas [2] - Solidcore is advancing the development of its ore processing technology to address challenges in extracting tin from the Syrymbet deposit, which is among the top three tin deposits globally but faces difficulties due to the ultra-fine nature of the ore [2]

伦敦金属交易所(LME)三个月期铜跌5.30%，报12460.5美元/吨；伦敦金属交易所(LME)三个月期锡跌 10.97%，报46255.0美元/吨；伦敦金属交易所(LME)三个月期镍跌7.85%，报16545.0美元/吨。 ...

Group 1: Report's Overall Investment Rating - No information provided Group 2: Core Views - The copper price fluctuated significantly this week, with the US's ability to siphon inventory waning, but global copper consumption remains strong, and the copper fundamentals are still supply - constrained and demand - driven. The copper price is expected to rise in the medium - term, and the stabilization time depends on the precious metals' stabilization [1]. - The aluminum price fluctuated sharply this week due to multiple factors. If there is a price correction, consider going long, and a deterioration in the Iran situation may push the price up [1]. - The zinc supply side has issues like declining TC and marginal tightening of domestic ore, while the demand side is seasonally weak. The market is optimistic about zinc's long - term allocation, and attention should be paid to reverse - arbitrage opportunities [2]. - The nickel's short - term fundamentals are weak, with a slight decline in production and weak demand. The Indonesian nickel ore quota reduction is a short - term sentiment factor [3]. - The lead's supply and demand contradiction is easing, and it is recommended to try short - selling at high prices in the short term, focusing on the downstream's Spring Festival stocking enthusiasm after the regeneration maintenance [7]. - The tin price fluctuated sharply this week. In the short term, it is recommended to wait and see due to large macro - sentiment fluctuations. In the long term, the price may decline significantly in the second half of 2026 if the macro situation changes [10]. - The industrial silicon's supply is shrinking, with a de - stocking expectation in February. The price is expected to fluctuate with costs and move in a cycle - bottom range in the long term [11]. - The lithium carbonate's short - term fundamentals are strong with a de - stocking trend. If the intermediate inventory further decreases, there is a large space for positive arbitrage between months [11]. - The stainless steel's fundamentals are weak, with a slight decline in production, entering the demand off - season, and a slight increase in inventory. The Indonesian quota news is a short - term sentiment factor [14]. Group 3: Summary by Metal Copper - The copper price showed two - way large - amplitude fluctuations this week, and the overall consumption is good. The copper price is expected to rise in the medium - term, and the short - term stabilization depends on precious metals [1]. Aluminum - The aluminum price fluctuated sharply due to seasonal factors, external disturbances, and supply increments. Consider going long on price corrections, and the Iran situation may impact the price [1]. Zinc - The zinc supply side has problems like declining TC and marginal tightening of domestic ore. The demand side is seasonally weak, and there are opportunities for reverse - arbitrage [2]. Nickel - The nickel's short - term fundamentals are weak, with a slight decline in production, weak demand, and the Indonesian quota reduction as a sentiment factor [3]. Lead - The lead's supply and demand contradiction is easing, and it is recommended to short - sell at high prices in the short term, focusing on downstream stocking after regeneration maintenance [7]. Tin - The tin price fluctuated sharply. In the short term, it is recommended to wait and see, and in the long term, it may decline significantly in the second half of 2026 if the macro situation changes [10]. Industrial Silicon - The industrial silicon's supply is shrinking, with a de - stocking expectation in February. The price is expected to fluctuate with costs and move in a cycle - bottom range in the long term [11]. Lithium Carbonate - The lithium carbonate's short - term fundamentals are strong with a de - stocking trend. There is a large space for positive arbitrage between months if intermediate inventory decreases [11]. Stainless Steel - The stainless steel's fundamentals are weak, with a slight decline in production, entering the demand off - season, and a slight increase in inventory. The Indonesian quota news is a short - term sentiment factor [14].

Toronto, Ontario--(Newsfile Corp. - January 29, 2026) - Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) ("Eloro", or the "Company") is pleased to announce that it has paid all option payments payable to Empresa Minera Villegas SRL ("Minera Villegas") to complete the option held by its Bolivian subsidiary, Minera Tupiza SRL ("Minera Tupiza") to acquire a 99% joint venture interest in the Iska Iska silver-tin polymetallic project in Potosí, Bolivia ("Iska Iska"). Eloro made the final payment of US ...

Summary of Cerrado Gold Conference Call Company Overview - **Company**: Cerrado Gold - **Project**: Lagoa Salgada, a high-grade polymetallic VMS deposit in Portugal - **Key Personnel**: Mark Brennan (Chairman and CEO), Jason Brooks (CFO), João Barros (President of Cerrado Europe), and others involved in the call Core Industry Insights - **Mining Industry in Portugal**: Lagoa Salgada is recognized as a project of national interest, aligned with the European Union's Critical Raw Materials Act, aimed at securing European supply of critical metals [17][18] - **Economic Impact**: The project is expected to contribute 23% to the local economy, providing high-paying jobs and supporting the community [6][16] Key Points from the Call 1. **Environmental Impact Assessment (EIA)**: - Initial EIA submitted on December 21, 2023, included comprehensive studies and was accepted by the Portuguese Environmental Agency (APA) [7] - The project received a unanimous favorable opinion from the technical evaluation committee, a first in Portuguese mining history [9] - APA later issued an unfavorable opinion based on concerns regarding a deeper aquifer, which was not previously identified [10][11] 2. **Regulatory Challenges**: - The company believes the unfavorable opinion is legally invalid as new technical issues cannot be introduced at this stage [11][12] - Cerrado is pursuing legal avenues to challenge the APA's decision and is engaging with local authorities for resolution [14][15] 3. **Community and Government Support**: - Strong backing from local communities and government officials, including the Secretary of State for Energy, who previously encouraged investment in the project [5][6] - The project has received support from EDM (Portuguese state-owned mining company) and AICEP (Portuguese Trade and Investment Agency) [14][27] 4. **Operational Updates**: - At Minera Don Nicolás, the company aims to produce 50,000-60,000 ounces of gold in 2026, with plans for significant exploration [19][30] - The Mont Sorcier Iron Project is progressing, with a full feasibility study expected in Q2 2026 [20] 5. **Market Position**: - Cerrado Gold is trading at a significant discount compared to peers in the gold sector, despite producing more gold and having similar life-of-mine profiles [19][21] - The company is financially strong with a robust balance sheet and is not solely reliant on the Lagoa Salgada project [18][40] Additional Important Insights - **Legal and Technical Solutions**: The company has proposed effective technical solutions to mitigate concerns raised by the APA, which can be addressed in the next phase of the project [11][36] - **Future Outlook**: The company remains optimistic about resolving the permitting issues and emphasizes the importance of Lagoa Salgada for both the company and the local community [34][40] - **Shareholder Value**: Anticipation of positive near-term developments that could enhance shareholder value, including the recommencement of a normal course issuer bid [22][40] This summary encapsulates the critical aspects of the conference call, highlighting the challenges and opportunities faced by Cerrado Gold in relation to the Lagoa Salgada project and its broader operational strategy.

Group 1: Market Overview - Copper prices have surged above $13,000 a ton, driven by a weaker dollar and a broad-based rally in metal markets [1][2] - Nickel and tin also experienced significant increases, with nickel rising nearly 5% and tin surging 9.7% [1] - The industrial metal copper has seen a strong demand due to electrification and disruptions in major mines, contributing to its price rally [3] Group 2: Supply and Demand Dynamics - The market structure for copper has shifted to contango, with spot copper trading at a discount of $66.06 a ton to the LME's three-month benchmark, indicating improving supply conditions [5] - Earlier this week, the market was in backwardation, with a discount exceeding $100, signaling tightness [5] - Chinese smelters have increased exports to LME warehouses, driven by higher benchmark prices compared to domestic rates, although a slowdown in the property sector has affected consumption [6] Group 3: Investor Sentiment - Investor interest in metals has surged, with gold potentially reaching record highs above $5,000 an ounce and silver exceeding $100 an ounce [3] - The geopolitical landscape and US policy unpredictability have prompted a flight to safety, further supporting metal prices [2]

Core Viewpoint - Cerrado Gold Inc. is hosting a management conference call to discuss an unfavorable opinion regarding the environmental impact assessment for the Lago Salgada Project in Portugal, scheduled for January 26, 2026 [1]. Company Overview - Cerrado Gold is a Toronto-based gold production, development, and exploration company, owning 100% of the Minera Don Nicolás and Las Calandrias mine in Argentina [3]. - The company holds an 80% interest in the Lagoa Salgada VMS project in Portugal and is developing the Mont Sorcier Iron project in Canada [3]. Operations in Argentina - In Argentina, the company is optimizing asset value at the Minera Don Nicolás operation and increasing production at the Las Calandrias heap leach project [4]. - An extensive exploration campaign is ongoing to unlock potential resources in the Deseado Massif region [4]. Operations in Portugal - The Lagoa Salgada project is a high-grade polymetallic project located on the Iberian Pyrite Belt, with mineralization including zinc, copper, lead, tin, silver, and gold [5]. - The project covers a large 7,209-hectare property concession, offering significant exploration and development opportunities due to its proximity to Lisbon and existing infrastructure [5]. Operations in Canada - The Mont Sorcier project is a high-purity, high-grade Direct Reduced Iron project, with potential for long mine life and low operating costs [6]. - The project supports the transition of steel producers from blast furnaces to electric arc furnaces, aiding in industry decarbonization and sustainable development goals [6].