Tongguan is the third largest gold-producing county in the country, known as the "Gold City of China." It is also a resource-based city that heavily relies on the development of the gold industry. Since the 1970s, it has delivered a total of 4.5 million taels of refined gold and paid nearly 2.5 billion yuan in taxes and fees. After decades of intensive development, entering this century, Tongguan County's gold resources have increasingly depleted, industrial benefits have rapidly declined, and fiscal revenue has significantly shrunk.

The field investigation work of the comprehensive natural resources survey project in the coastal zone of Zhanjiang, Guangdong, undertaken by the Yantai Coastal Geological Survey Center of the China Geological Survey, is in full swing.

According to the news from the Chinese Embassy in Peru on September 24, on September 22, Ambassador Liang Yu met with Peruvian Minister of Energy and Mines Merino at the official residence. Both sides had an in-depth exchange of views on strengthening bilateral cooperation in energy and mining, as well as other topics of mutual concern. Commercial Counselor Zhao Chunjiang and others were present.

On September 5th, news of a military coup came from Guinea, where the 83-year-old president was detained by the army, and a video was recorded showing him sitting on a sofa in a confused state.

On September 1, iron ore futures prices plummeted by nearly 8%, closing at 763 yuan/ton. Steel futures prices continued to decline by 2%, with rebar dropping to 5242 points and hot-rolled coil falling to 5492 points. Throughout the day, prices fluctuated at low levels, consistently operating within a range around 5200 and 5400 yuan, temporarily breaking below the 60-day moving average. Coking coal and coke showed resilience, recovering to above 2500 yuan and 3100 yuan respectively.

The ML553 gold mine development project is an important component of the "Victoria Lake Industrial Park" that is a key cultivation project filed with the Henan Provincial Department of Commerce. The project is located in the Mara region of Tanzania, and is carried out by Central Plains Energy and Mining East Africa Co., Ltd. The flotation plant is designed with a production capacity of 500 tons of ore per day, and the mine service life is 7 years.

The price of tin has risen, greatly benefiting tin mining companies in our country. Taking Yunnan Tin Company as an example: the performance forecast shows that in the first half of this year, Yunnan Tin's operating performance has significantly increased, with an expected profit of 930 million to 980 million yuan, a year-on-year increase of 360.31% to 385.05% compared to 202 million yuan in the same period last year. Yunnan Tin stated that the market prices of its main products, tin, copper, and zinc, have risen significantly year-on-year, and the production and sales volumes of its products have also increased noticeably, driving a substantial year-on-year rise in the company's performance. As of the close on August 11, Yunnan Tin's stock price was 18.51 yuan per share, up 3.18%, an increase compared to the beginning of this year.

On July 26, 2021, the company announced that its holding subsidiary, Laizhou Ruihai Mining Co., Ltd., obtained a mining license for the gold mine in the northern sea area of Sanshandao on July 20, 2021, issued by the Shandong Provincial Department of Natural Resources. The mining license indicates a production scale of 3.96 million tons per year, with a mining area of 5.828 square kilometers and a validity period of 15 years. The successful acquisition of the mining license marks the entry of the sea gold mine construction into a fast track of comprehensive development.