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The Metals Royalty debuts on Nasdaq with deep-sea bet

2026-04-09

The Metals Royalty Company Inc. (TMCR) made its public market debut on the Nasdaq on Wednesday, April 8, 2026, marking a significant milestone for deep-sea mining finance. The company holds a crucial royalty interest in The Metals Company's (TMC) NORI project in the Pacific Ocean, which aims to extract polymetallic nodules rich in nickel, cobalt, and copper – essential battery metals. This move introduces a proven financing model into the nascent and high-potential deep-sea mining sector, addressing the accelerating global demand for critical minerals.

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FACT SHEET: California’s War on American Energy Impoverishes Residents and Harms National Security

2026-04-09

California's aggressive energy policies have led to the highest electricity and gasoline prices in the nation, crippling residents and industries while tripling the state's reliance on often volatile foreign oil imports. A recent federal intervention, led by President Trump and U.S. Secretary of Energy Chris Wright, has mandated Sable Offshore Corp. to resume operations of the Santa Ynez Unit and its associated pipeline, significantly boosting California's domestic oil production by 15 percent and replacing vital foreign crude supplies. This strategic move aims to enhance national energy security and mitigate the economic vulnerabilities created by restrictive state policies.

First Quantum taps IFC for Argentina copper push

2026-04-09

First Quantum Minerals (FQM) has established a significant partnership with the International Finance Corporation (IFC) for its Taca Taca copper project in Argentina's Salta Province. This collaboration aims to align the substantial $4.2 billion project with global sustainability standards, enhancing its attractiveness for debt financing and promoting responsible mining practices. The move underscores Argentina's growing prominence as a critical minerals jurisdiction and FQM's commitment to advancing one of the world's premier undeveloped copper assets.

Uranium Energy adds second ISR operation with Burke Hollow start

2026-04-09

Uranium Energy Corp. (UEC) has dramatically strengthened its position as a leading domestic uranium producer with the official commencement of operations at its Burke Hollow project in Texas. This milestone marks the first new in-situ recovery (ISR) uranium operation in the United States in over a decade, establishing UEC as the sole U.S. company with two active ISR facilities and reinforcing the nation's push for a secure, domestic nuclear fuel supply chain. The project, tapping into a significant uranium resource in the Texas Uranium Belt, is set to bolster UEC's processing capabilities at its Hobson Central Processing Plant and signals a robust expansion strategy for the Vancouver-based miner.

MEGA Resources mobilises to Tumblegum South project

2026-04-08

Star Minerals is rapidly advancing its Tumblegum South Gold Project in Western Australia, with mining contractor MEGA Resources mobilizing to site in early April 2026. This significant milestone initiates critical preparatory works, including infrastructure setup and initial drilling, targeting first gold production by early 2026. The project, underpinned by a 45,000-ounce gold resource, represents a notable development for Western Australia's dynamic gold sector and for junior explorer Star Minerals.

Lachlan Star starts drilling at New Waverley Project, WA

2026-04-08

Lachlan Star has commenced an initial 1,000-meter diamond drilling program at its New Waverley Gold Project in Western Australia, focusing on historical high-grade quartz reef mineralization in the gold-rich Norseman region. This strategically important move follows the recent acquisition of the project and aims to systematically test a 400-meter mineralized corridor, with a subsequent 2,000-meter reverse circulation drilling phase planned. The program seeks to confirm the continuity and grade of significant gold intercepts, signaling Lachlan Star's commitment to unlocking the project's broader scale potential in a premier gold jurisdiction.

Mayfair Gold to acquire three properties from Plato

2026-04-07

Mayfair Gold has significantly expanded its land holdings near its Fenn-Gib Gold Project in Timmins, Ontario, through the acquisition of three properties—Guibord, Marriott, and Holloway—from Plato Gold for C$2.5 million. This strategic move, announced on April 6, 2026, consolidates Mayfair’s position along the highly prospective Porcupine-Destor Fault Zone within the renowned Abitibi Greenstone belt, promising enhanced exploration leverage and critical infrastructure access for the proposed Fenn-Gib mine.

Mining operations resume at USAC’s Stibnite Hill property

2026-04-07

The United States Antimony Corporation (USAC) has recommenced mining activities at its Stibnite Hill property in Thompson Falls, Montana, significantly ahead of schedule due to unexpectedly mild winter conditions. This early restart, coupled with strategic operational enhancements and substantial government contracts totaling up to $272 million, underscores the growing national importance of domestic antimony production for critical mineral supply chain resilience and national defense.

United States Antimony restarts mining in Montana

2026-04-06

United States Antimony Corp. (UAMY) has officially resumed mining operations at its Stibnite Hill property in Montana, marking a significant step towards establishing the first fully integrated antimony supply chain outside of China and Russia. This restart, following a near five-month weather-related halt, is crucial for bolstering the United States' domestic supply of this critical mineral, vital for numerous defense and industrial applications. The company plans to process ore into concentrates at its Radersburg facility before smelting it into finished products at its Thompson Falls smelter, the only operational antimony smelter in the United States.

Top 50 mining companies power through Iran war – up $250 billion in 2026

2026-04-06

Despite global geopolitical tensions, particularly the US-Iran war, the world's leading mining companies demonstrated remarkable resilience in the first quarter of 2026. The MINING.COM TOP 50 miners collectively reached a market capitalization of $2.41 trillion, adding $250 billion year-to-date, signaling a strong performance across most commodities and a significant expansion of the exclusive $100-billion club. However, this overall positive trend masked mixed fortunes for individual companies, with strategic shifts and operational challenges leading to notable underperformance for some key players.

REalloys, USCM sign MoU on Sheep Creek rare earth project

2026-04-05

REalloys and U.S. Critical Materials (USCM) have signed a non-binding Memorandum of Understanding (MoU) for REalloys to obtain up to 10% of the heavy rare earth production from USCM's high-grade Sheep Creek project in Montana. This strategic partnership aims to establish a crucial domestic supply chain for critical minerals, including dysprosium, terbium, yttrium, and gallium, vital for U.S. strategic defense stockpiles and advanced technology applications, ahead of anticipated restrictions on Chinese rare earth procurement in 2027. The agreement underscores a significant step towards bolstering American critical mineral sovereignty and reducing reliance on foreign adversaries.