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Venezuela’s National Assembly ‌approves mining law

2026-04-13

Venezuela’s National Assembly has unanimously approved a comprehensive new mining law, a 131-article bill championed by Acting President Delcy Rodríguez, aimed at attracting foreign investment, particularly from the United States. This legislation replaces a nearly 30-year-old system, introducing a more flexible tax structure, extended concession periods, and crucial access to international arbitration for disputes, signaling a concerted effort to revitalize the nation's strategic mineral sector, including gold and bauxite. The reform seeks to balance state control over resources with enhanced legal assurances for international investors, marking a significant policy shift after decades of state-centric policies and past nationalization events.

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Recent Articles

Red Mountain to restart US antimony exploration activities

2026-04-13

Red Mountain Mining is relaunching antimony exploration across its US projects, including Thompson Falls in Montana-Idaho and Yellow Pine and Silver Dollar in Idaho, capitalizing on favorable weather conditions. This strategic move aims to define significant antimony resources, with initial rock chip analysis from Thompson Falls showing up to 36.5% antimony, and is supported by new advisory appointments and expedited environmental approvals. The initiative aligns with US government efforts to secure domestic critical mineral supplies, particularly antimony, reducing reliance on foreign sources.

Pacgold achieves initial gold output at White Dam Project

2026-04-13

Pacgold has successfully transitioned from an explorer to a gold producer, achieving initial gold output at its White Dam Gold Project in South Australia. Within 14 days of recommissioning the processing plant, approximately 2kg (60oz) of calcined gold was retrieved, with the company anticipating shipment of its first doré product by the end of April 2026. This significant milestone is supported by operational enhancements and strategic expansion plans, including a substantial pad extension and ongoing resource delineation efforts.

Infographic: Latin America’s top miners may surprise

2026-04-12

Infographic: Latin America’s top miners may surprise Henry Lazenby | April 10, 2026 | 8:03 am Intelligence Markets Suppliers & Equipment Top Companies Latin America Copper Iron Ore Lithium Rare Earth Specialty Minerals Latin America’s most mining-dependent countries are not always its biggest economies. Our latest infographic ranks the region first by mining’s share of total exports and then by the value of those exports. The comparison shows where metals matter most to trade and where scale still rules, from copper giants Chile and Peru to smaller producers whose economies lean far more heavily on mining. 2026 is shaping to be a key year for Latin America, with resources at the centre of a growing global power struggle, as governments and investors focus on who controls critical minerals and the supply chains behind them. If the region matters to you, don’t miss MINING.COM’s Latin America series tracking the geopolitical forces reshaping it and why markets are increasingly driven by global alliances as much as local politics. Countries in the series so far: Bolivia Chile Colombia Share Comments Cancel reply Your email address will not be published. Required fields are marked * Save my name, email, and website in this browser...

Neo Performance begins producing heavy rare earths at Estonia plant

2026-04-12

Neo Performance Materials has successfully initiated production of heavy rare earth elements, specifically separated terbium and dysprosium oxides, at its Silmet facility in Estonia, marking a significant step in establishing a secure, Europe-based supply chain for critical materials. This development complements the company's existing rare earth magnet manufacturing plant in Narva, Estonia, which is Europe's first mass producer of sintered magnets, further reinforcing Neo's strategy for a vertically integrated rare earth magnetics value chain within the continent. The output from both facilities is crucial for high-performance magnets used in electric vehicles, wind turbines, and advanced robotics, addressing Europe's strategic objectives for supply chain diversification and critical mineral independence.

Energy Security for Indo-Pacific Endurance, a Global Growth Center of the 21st Century

2026-04-11

The Indo-Pacific Energy Security Ministerial and Business Forum, held in Tokyo on March 14–15, 2026, convened twelve nations to forge a collective strategy for ensuring stable and secure energy supply in the region. Co-hosted by U.S. and Japanese energy leaders, the discussions emphasized robust supply chains, diversification of energy sources, and extensive investment, signaling profound implications for the global mining sector, particularly in critical minerals and uranium for nuclear energy development.

Paramount begins IA at Nevada’s Sleeper Gold Project

2026-04-11

Paramount Gold Nevada has initiated an Initial Assessment (IA) at its past-producing Sleeper Gold Project in Humboldt County, Nevada, a crucial step in evaluating its economic potential under SEC S-K 1300 regulations. This assessment, conducted by SLR International, will focus on a staged, cost-effective development strategy primarily targeting approximately 54 million tonnes of heap-leachable material. The move aims to unlock significant value in a well-established mining jurisdiction amidst a favorable gold price environment, while the company concurrently advances its Grassy Mountain Project.

G Mining Ventures to acquire G2 Goldfields

2026-04-11

G Mining Ventures (GMIN) is set to acquire G2 Goldfields in a strategic transaction that will merge their adjacent Oko West and Oko-Ghanie gold projects in Guyana. This consolidation is projected to create a significant Tier-1 gold operation capable of producing over 500,000 ounces of gold annually, leveraging shared infrastructure for substantial cost synergies. The deal, expected to close by Q2 2026, positions GMIN to accelerate development in the prolific Guiana Shield and enhance its standing as a major gold producer.

DOE’s Office of Energy Dominance Financing Announces Conditional Commitment for a Domestic Medical Isotope Manufacturing Facility

2026-04-10

The U.S. Department of Energy has issued a conditional commitment for a $263 million loan to SHINE Chrysalis, LLC, for a high-volume medical isotope production facility in Janesville, Wisconsin. This strategic investment aims to establish the nation's sole domestic commercial supply of molybdenum-99 (Mo-99), a critical isotope for millions of diagnostic imaging and cancer treatment procedures, thereby enhancing national energy dominance, medical supply chain security, and a robust nuclear workforce.

G Mining to buy G2 Goldfields for $2.2B in Guyana play

2026-04-10

G Mining Ventures has agreed to acquire G2 Goldfields in an all-share transaction valued at C$3 billion ($2.2 billion), consolidating two adjacent gold projects, Oko West and Oko-Ghanie, into a single, district-scale operation in Guyana's Guiana Shield. This strategic move is expected to create an intermediate gold producer capable of delivering over 500,000 ounces of gold annually, leveraging significant operational and capital synergies. The deal underscores a broader consolidation trend in the region as companies seek to build larger, more capital-efficient mining complexes.

NioCorp lines up Traxys as potential buyer for Elk Creek’s planned output

2026-04-10

NioCorp Developments has solidified its pathway to full project financing for its critical Elk Creek project in Nebraska by signing a non-binding agreement with commodity trader Traxys. This landmark deal positions Traxys as the exclusive off-taker and marketing partner for the majority of Elk Creek's planned output for an initial 10-year term, covering 100% of ferroniobium, scandium, titanium dioxide, and rare earth elements, alongside a crucial equity investment of up to $30 million. The agreement is expected to address key diligence items for NioCorp's pursuit of up to $800 million in debt financing from the U.S. Export-Import Bank, significantly advancing a critical domestic source for strategic minerals previously dependent on foreign supply.