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Aruma Resources acquires 85% stake in Tillex Copper-Silver Project

2026-03-01

Aruma Resources has acquired an 85% interest in the Tillex Copper-Silver Project in Ontario, Canada, through agreements with Metals Creek and for adjacent patent claims. The project, located in the Timmins mining district, contains high-grade copper sulphide mineralization with significant exploration and development potential, and positions Aruma to further delineate resources amid a favorable copper market outlook.

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Recent Articles

Secretary Wright Arrives in Caracas to Further President Trump's Historic Energy Deal

2026-03-01

U.S. Secretary of Energy Chris Wright arrived in Caracas on February 11, 2026, marking a pivotal moment for "President Trump’s historic U.S.-Venezuela Energy Deal." This high-level visit involves engagements with interim Venezuelan leadership, including interim President Delcy Rodriguez, local business leaders, and on-site assessments of the nation's oil fields, all aimed at restoring prosperity, safety, and security for Venezuela, the United States, and the broader Western Hemisphere. The initiative holds significant implications for global energy markets, geopolitical stability, and the interconnected mining industry, influencing everything from energy costs to regional investment climates.

Eureka Lithium acquires Cabin Lake and Tyee Projects in Canada

2026-03-01

Eureka Lithium has significantly diversified its asset base by acquiring 100% stakes in the polymetallic Cabin Lake Project in British Columbia and the titanium-vanadium Tyee Project in Quebec. This strategic move, completed through the purchase of Stairway Mining for 9.1 million common shares and potential C$1 million in milestone payments, expands Eureka's exposure beyond lithium into critical minerals essential for defense, electrification, and advanced manufacturing within mining-friendly Canadian jurisdictions. The acquisition signals Eureka's intent to grow into a multi-commodity exploration company, leveraging the geological potential and existing infrastructure of these promising Canadian assets.

Energy Department Announces $175 Million to Modernize Coal Plants, Keeping Affordable Reliable Power Online for Americans

2026-03-01

The U.S. Department of Energy (DOE) has allocated $175 million across six projects aimed at modernizing and extending the operational life of coal-fired power plants serving rural and remote U.S. communities. This initiative, part of a broader $525 million effort, seeks to enhance grid reliability, secure affordable electricity, and preserve high-wage energy jobs, particularly in Appalachia, marking a significant policy shift to reinvigorate the domestic coal industry.

Secretary Wright Delivers Remarks Alongside Interim Venezuelan President Delcy Rodriguez

2026-03-01

U.S. Secretary of Energy Chris Wright announced on February 11, 2026, a significant shift in U.S. policy towards Venezuela, signaling a renewed focus on commerce, peace, and prosperity through economic engagement. Following meetings with Interim President Delcy Rodriguez in Caracas, Secretary Wright detailed President Trump's agenda to dramatically increase Venezuelan oil, natural gas, and electricity production through an expedited licensing process. Crucially for the mining industry, Wright also highlighted Venezuela's "immense" natural resources in "mining, minerals," indicating a broader strategic intent to unlock the country's full resource potential and create substantial investment opportunities for U.S. and international firms.

Energy Department Announces 26 Genesis Mission Science and Technology Challenges to Accelerate AI-Enabled American Innovation and Leadership

2026-03-01

The U.S. Department of Energy (DOE) announced on February 12, 2026, the launch of 26 pivotal science and technology challenges under its Genesis Mission, aimed at harnessing artificial intelligence (AI) to accelerate innovation across energy, national security, and discovery science. This ambitious initiative, driven by Presidential Executive Orders, seeks to double the pace of U.S. research and development within a decade by integrating AI with world-class facilities and public-private partnerships, offering substantial implications for the mining industry's operational efficiency, resource discovery, and technological advancement.

Energy Secretary Prevents Closure of Coal Plant That Provided Essential Power During Winter Storm

2026-03-01

U.S. Energy Secretary Chris Wright has issued an emergency order to keep Consumers Energy's J.H. Campbell coal-fired power plant in West Olive, Michigan, operational through May 18, 2026. This directive aims to mitigate critical grid reliability issues in the Midwestern region, following the plant's essential role in stabilizing the power supply during recent winter storms. The decision underscores growing concerns about the premature retirement of dispatchable generating assets and their impact on energy security amidst the ongoing energy transition.

Energy Secretary Keeps Critical Generation Online in Mid-Atlantic

2026-03-01

The U.S. Department of Energy (DOE) has again intervened to prevent the shutdown of crucial natural gas and oil-fired generation units at the Eddystone Generating Station in Pennsylvania, issuing an emergency order on February 23, 2026. This directive, targeting Units 3 and 4, mandates PJM Interconnection and Constellation Energy Corporation to keep the units online from February 24, 2026, to May 24, 2026, citing persistent critical grid reliability concerns in the Mid-Atlantic region. The move underscores growing challenges in maintaining stable power supply amidst an evolving energy landscape, with significant implications for energy-intensive industries like mining.

Energy Department Announces Largest Loan in Department History, Delivering Over $7 Billion in Electricity Cost Savings for Georgia and Alabama Customers

2026-03-01

The U.S. Department of Energy (DOE) has announced a landmark $26.5 billion loan package, the largest in its history, to subsidiaries of Southern Company. This financing aims to add or upgrade over 16 gigawatts of firm, reliable power across Georgia and Alabama, delivering an estimated $7 billion in electricity cost savings for millions of customers. The monumental investment underscores a national priority for grid reliability and energy security, significantly impacting demand for essential mined commodities across the energy supply chain.

Energy Department Announces $171.5 Million To Expand U.S. Geothermal Energy

2026-03-01

The U.S. Department of Energy (DOE) has announced a significant $171.5 million funding opportunity to catalyze the expansion of next-generation geothermal energy across the nation. This investment aims to support critical field-scale tests for both electricity generation and advanced exploration drilling, thereby derisking promising geothermal prospects and encouraging private sector engagement to help achieve a potential 300 gigawatts of geothermal power by 2050. The initiative underscores a strategic push for domestic energy security, innovation, and economic growth under President Trump's "America First Energy Agenda."

Energy Department Approves Export Expansion at Corpus Christi LNG

2026-03-01

The U.S. Department of Energy, under Secretary Chris Wright, has authorized a significant 12% expansion of liquefied natural gas (LNG) exports from Cheniere Energy's Corpus Christi terminal, adding 0.47 billion cubic feet per day (Bcf/d) dedicated to non-Free Trade Agreement countries. This approval, announced February 26, 2026, elevates Corpus Christi to the nation's second-largest LNG export project with a total capacity of 4.45 Bcf/d, further solidifying the United States' position as the world's leading LNG exporter and creating substantial demand for mining sector products.