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Talisman Metals begins drill mobilisation at Morocco’s Tirzzit project

2026-08-19

Talisman Metals has initiated a crucial 3,000-meter reverse circulation (RC) drilling program at its Tirzzit copper project in Morocco, with operations set to commence in early September 2026 and last approximately six weeks. This drilling aims to delineate the full strike of previously identified basal series mineralization and conduct step-out drilling, building on promising historic data and recent channel sampling results. The project, strategically located near other significant deposits, represents a key advancement in Talisman's exploration efforts in a region gaining increasing attention for its mineral potential amidst rising global copper demand.

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Recent Articles

AuKing Mining signs agreement to acquire Green Exploration

2026-08-19

AuKing Mining has announced a binding agreement to acquire Green Exploration, a Malawian subsidiary of Tusker Minerals, for approximately A$4.85 million. This strategic transaction grants AuKing control over several key Malawian exploration assets, most notably the Machinga Rare Earth Elements Project, while allowing Tusker Minerals to sharpen its focus on its Mzimba rutile project. The deal represents a significant step in portfolio optimization for both Australian-listed companies and underscores Malawi's emerging role in critical mineral supply chains.

First stope blast completed at Bunker Hill Mine in Idaho, US

2026-08-19

Bunker Hill Mining has completed the first production stope blast at its fully owned mine in Idaho, US, marking a pivotal step towards commercial production by the end of 2026. This milestone follows extensive rehabilitation and infrastructure upgrades, demonstrating significant progress in re-establishing operations at the historic site. The company is employing advanced transverse longhole stoping and a paste backfill system, emphasizing both operational efficiency and environmental stewardship.

FACT SHEET: The Energy Department is Celebrating President Trump’s Great American Energy Comeback in Midland, Texas

2026-08-18

The United States has achieved unprecedented levels of energy production, leading the world in both oil and natural gas output, with significant contributions from the Permian Basin. This surge, highlighted by Secretary Wright’s visit to Midland, Texas, on August 17, 2026, underscores the nation’s energy dominance, driving economic growth, job creation, and competitive energy prices across the country. The strategic reversal of the LNG export ban has further solidified the U.S. position as a global energy supplier, with exports projected to nearly double by the end of the decade.

OceanaGold to acquire Ausgold for $549m

2026-08-18

OceanaGold is set to acquire Ausgold Limited for an equity value of approximately A$776 million ($549 million), a strategic move that will integrate Ausgold's advanced Katanning Gold Project in Western Australia into OceanaGold's portfolio. The acquisition, structured as a scheme of arrangement, is expected to conclude by December 2026, adding a high-quality, open-pit development asset projected to produce over 100,000 ounces of gold annually starting in 2029. This deal underscores a growing trend of consolidation among mid-tier gold producers seeking to expand their resource base in tier-one mining jurisdictions.

American Rare Earths, Novex sign MoU for rare earth oxides

2026-08-18

American Rare Earths (ARR) has signed a Memorandum of Understanding (MoU) with Novex, a US-based technology company, aimed at establishing a fully domestic rare earth mine-to-magnet supply chain. This collaboration, formalized on August 17, 2026, through ARR’s subsidiary Wyoming Rare (USA), focuses on converting rare earth oxides from ARR's Halleck Creek Project into essential metals for permanent magnets, addressing a critical bottleneck in US strategic material independence. The initiative is particularly timely given new US defense regulations prohibiting Chinese-sourced rare earth magnets from January 2027.

Vale, ABB sign deal to expand automation at Brazil iron ore plants

2026-08-17

Vale, a global mining giant, and ABB, a leader in industrial technology, have forged a strategic partnership to significantly expand automation, digitalization, and integrated IT/OT solutions across Vale’s iron ore processing operations in Brazil. This landmark agreement follows the successful implementation of advanced technologies at Vale’s Conceição II Model Plant, which was inaugurated in June 2026 and has already demonstrated substantial improvements in productivity, ore quality, and safety. The initiative is a cornerstone of Vale's ambitious "Mining of the Future" strategy, aiming to replicate these proven benefits across multiple facilities and set a new standard for operational excellence in the sector.

Lithium Ionic to sell Salinas lithium assets to PLS Brasil Mineração

2026-08-17

Lithium Ionic has announced the sale of its Salinas lithium assets, including the Baixa Grande resource, to PLS Brasil Mineração for a total cash consideration of $37.5 million, plus a 2% royalty on future spodumene sales. This strategic divestment allows Lithium Ionic to concentrate resources on the development of its wholly owned Bandeira Lithium Project, while PLS Group expands its footprint in Brazil's burgeoning Lithium Valley.

Energy Secretary Announces Cancellation of Three Proposed National Interest Electric Transmission Corridors

2026-08-16

The U.S. Department of Energy, under Secretary Chris Wright, announced on August 12, 2026, the cancellation of three proposed National Interest Electric Transmission Corridors, citing concerns over reliability, costs, and community feedback. This decision marks a significant shift in national energy policy, moving away from previous "decarbonization" initiatives towards a focus on strengthening the existing grid for affordable and reliable electricity, backed by substantial investments in conventional transmission infrastructure. The implications for the mining sector are significant, particularly concerning energy costs, grid stability for operations, and demand for critical materials used in traditional grid upgrades.

Headwater Gold and Newmont sign earn-in agreement for Jupiter project

2026-08-16

Headwater Gold and Newmont USA, a subsidiary of global mining giant Newmont, have formalized an earn-in agreement for the Jupiter gold project in Nye County, Nevada, as announced on August 14, 2026. This strategic partnership allows Newmont to potentially acquire up to a 75% interest in the 7,000-acre project by investing $30 million in exploration and delivering a pre-feasibility study. The deal underscores continued confidence in Nevada's gold potential and highlights a common strategy where junior explorers leverage major company capital for project advancement.

West Red Lake Gold completes phase one of Madsen Mine shaft upgrade

2026-08-16

West Red Lake Gold Mines has successfully completed Phase One of its Madsen Mine shaft upgrade in Ontario, Canada, allowing for the safe hoisting of gold ore and waste at an initial capacity of 200 tonnes per day. This significant milestone is part of a phased refurbishment program aimed at restoring the historic shaft's original 2,000 tonnes per day material haulage capacity, a critical move to enhance operational efficiency and reduce costs at the Red Lake mining district operation.