mineralexploration

📈 Deccan Gold Mines Shares Surge After Strategic Tungsten Investment in Spain

Indian miner Deccan Gold Mines Ltd. saw its stock rally sharply after announcing plans to invest in a tungsten exploration project in Spain — marking its entry into critical minerals and expanding beyond gold.

• 📌 Logrosan Project Investment: Deccan Gold plans to acquire up to 75% stake in the early-stage Logrosan tungsten project in western Spain.

• 📊 Shares Jumped: The company’s shares jumped nearly 20%, hitting the upper circuit at ₹106.35 after the announcement.

• 🔋 Strategic Minerals Play: Tungsten is a critical mineral used in defence, aerospace, industrial tools and electronics, with global supply heavily reliant on China.

This move marks a structural shift for Deccan Gold from pure gold exploration into the strategic minerals space, potentially positioning it as a notable player in Europe’s critical minerals supply chain — a high-demand sector amid global diversification efforts.

#DeccanGoldMines #Tungsten #CriticalMinerals #MineralExploration $XAU

🟡 China Discovers Asia’s Largest Undersea Gold Deposit — Strategic Mineral Push
China has announced the discovery of what state media says is Asia’s largest undersea gold deposit off the coast of Laizhou City, Yantai in Shandong Province, boosting the region’s proven gold reserves and reinforcing Beijing’s strategic focus on securing mineral resources.

• The undersea deposit was found in the East China Sea near Laizhou, an area already rich in gold resources.

• Combined gold reserves in the Laizhou region now exceed ~3,900 tonnes — about 26 % of China’s total national gold reserves.
• The exact tonnage of the undersea find itself hasn’t been officially disclosed yet.
• Laizhou is now considered China’s top gold reserve and production hub.

• Undersea geological exploration signals China’s expanding offshore mineral ambitions.
Gold Price Context:

• Gold prices remain elevated globally, with spot gold trading near multi-year highs in late 2025 as markets react to macro uncertainty and strategic demand. (Current global gold prices fluctuate around US$2,300–US$2,500/oz) — reinforcing the economic significance of new reserve discoveries. (Note: exact spot price can vary.)

This breakthrough underscores China’s push to secure strategic minerals and could influence long-term supply sentiment and gold market dynamics internationally, especially if offshore mining technologies improve further.

#ChinaGold #BTCVSGOLD #CommodityNews #goldprice #MineralExploration $BTC
$XAU
$PAXG

🟡 China Discovers Asia’s Largest Undersea Gold Deposit — Strategic Mineral Push

China has announced the discovery of what state media says is Asia’s largest undersea gold deposit off the coast of Laizhou City, Yantai in Shandong Province, boosting the region’s proven gold reserves and reinforcing Beijing’s strategic focus on securing mineral resources.

• The undersea deposit was found in the East China Sea near Laizhou, an area already rich in gold resources.

• Combined gold reserves in the Laizhou region now exceed ~3,900 tonnes — about 26 % of China’s total national gold reserves.

• The exact tonnage of the undersea find itself hasn’t been officially disclosed yet.

• Laizhou is now considered China’s top gold reserve and production hub.

• Undersea geological exploration signals China’s expanding offshore mineral ambitions.

Gold Price Context:
• Gold prices remain elevated globally, with spot gold trading near multi-year highs in late 2025 as markets react to macro uncertainty and strategic demand. (Current global gold prices fluctuate around US$2,300–US$2,500/oz) — reinforcing the economic significance of new reserve discoveries. (Note: exact spot price can vary.)

This breakthrough underscores China’s push to secure strategic minerals and could influence long-term supply sentiment and gold market dynamics internationally, especially if offshore mining technologies improve further.

#ChinaGold #UnderseaGold #CommodityNews #goldprice #MineralExploration $$XAU $PAXG