JPMorgan Boosts Stake in Lotus Resources to 6.48%

JPMorgan Chase & Co., a major US-based bank and financial institution, has increased its substantial holding in Lotus Resources to 6.48%. The company's significant stake is disclosed in recent reports.

The exact figure for JPMorgan's investment in Lotus Resources was not provided. However, the increase in their holding indicates a growing interest in the mining sector.

Lotus Resources is an Australian-based mineral exploration and development company that focuses on nickel and gold deposits.