Latest Articles

Lithium (97) Nickel (94) Copper (60) Molybdenum (56) Silver (52) Gold (51) View All →

Featured Story

Alba initiates shutdown of aluminium smelting lines

2026-03-17

Aluminium Bahrain (Alba) has initiated a controlled shutdown of three of its aluminium smelting lines – lines 1, 2, and 3 – effective March 16, 2026, impacting 19% of its annual production capacity. This strategic decision comes in direct response to persistent disruptions in the Strait of Hormuz, which have severely hindered the company's ability to receive crucial raw materials like alumina and transport finished metal to clients, leading to a declaration of force majeure and contributing to elevated aluminium prices on the London Metal Exchange. The move underscores significant supply chain vulnerabilities in the Middle Eastern aluminium sector amid ongoing geopolitical tensions.

Read Full Article →

Recent Articles

Trump Administration Keeps Coal Plant Open to Ensure Affordable, Reliable and Secure Power in the Northwest

2026-03-17

The U.S. Department of Energy, under Secretary Chris Wright, has issued an emergency order mandating TransAlta to keep Unit 2 of the Centralia Generating Station in Washington operational. This decision, aimed at averting significant grid reliability issues and potential blackouts across the Northwestern United States, directly counters the unit's scheduled shutdown at the end of 2025. The move signals a broader Trump administration strategy to preserve coal-fired power for grid stability and affordability, impacting the energy generation and coal mining sectors.

JSW Steel initiates coal mining project in Mozambique

2026-03-17

JSW Steel, a prominent Indian steel manufacturer, has officially commenced the Minas de Revuboè (MdR) coking coal project in Mozambique's Tete Province, marking a pivotal step in its backward integration strategy. This initiative, announced on March 16, 2026, secures access to approximately 250 million tonnes of extractable high-quality coking coal from an estimated 850 million tonnes of total reserves, bolstering JSW Steel's supply chain and mitigating exposure to volatile global commodity prices. The project's initial phase targets 2.4 million tonnes per annum of coking coal production over two and a half years, signifying a major industrial development for both India and Mozambique.

Athena Gold concludes Forester Gold Project acquisition

2026-03-17

Athena Gold has significantly expanded its exploration portfolio, concluding the acquisition of the Forester Gold Project in northwestern Ontario, Canada, on March 16, 2026. This strategic move, valued at approximately C$3.36 million in Athena Gold shares, positions the company as a key player in a highly prospective region, with the Forester Project situated near Orla Mining’s successful Musselwhite Gold Mine. The acquisition underscores Athena Gold’s strategy to target potentially overlooked ground with geological characteristics favorable for modern bulk-tonnage orogenic gold systems.

Energy Department Initiates Strategic Petroleum Reserve Emergency Exchange to Stabilize Global Oil Supply

2026-03-16

The U.S. Department of Energy announced a critical Strategic Petroleum Reserve (SPR) emergency exchange of up to 86 million barrels of crude oil, forming the first tranche of a 172-million-barrel U.S. contribution to a 400-million-barrel International Energy Agency (IEA) collective release. This strategic action, initiated on March 13, 2026, aims to stabilize global oil supply amid escalating Middle East tensions and threats to maritime corridors, with companies returning the borrowed oil with a premium to fortify the SPR without taxpayer cost.

Secretary Wright Directs Sable Offshore to Restore the Santa Ynez Unit and Pipeline

2026-03-15

U.S. Secretary of Energy Chris Wright delivered a directive on March 13, 2026, compelling Sable Offshore Corp. to reactivate oil production at its Santa Ynez Unit and the accompanying pipeline system. This federal mandate, issued under the Defense Production Act, aims to mitigate critical supply disruption risks stemming from California’s restrictive energy policies, which have led to a significant reliance on foreign oil, impacting regional and national security, particularly for West Coast military operations. The restoration efforts are expected to boost California's in-state oil production by 15 percent, displace substantial foreign oil imports, and generate hundreds of jobs in Santa Barbara County.

Canyon Resources mobilises surface miner at Cameroon’s Minim Martap project

2026-03-15

Canyon Resources has marked a significant operational milestone at its Minim Martap bauxite project in Cameroon, mobilizing a surface miner with mining operations expected to commence by the end of March 2026. The Australian company is targeting first bauxite production in early Q2 2026, with the initial ore shipment projected for Q3 2026, supported by secured financing through existing cash and an AFG Bank Cameroon facility. This development underscores the project's rapid transition towards becoming a globally significant, high-grade bauxite producer, with ongoing logistics and offtake discussions advancing concurrently.

Lynas, JARE sign MoU on rare earths value chain

2026-03-15

Lynas Rare Earths and Japan Australia Rare Earths (JARE) have signed a non-binding Memorandum of Understanding (MoU) on March 13, 2026, to collaborate across the rare earths value chain, from exploration and development to processing and offtake. This strategic alliance follows an updated availability and supply agreement earlier in March 2026, which secures significant volumes of neodymium-praseodymium (NdPr) and heavy rare earth oxides (HREOs) for Japan until 2038, underscoring a deepening partnership aimed at bolstering a diversified and sustainable global rare earths supply.

Energy Department Approves Immediate Additional LNG Exports from Plaquemines LNG

2026-03-14

The U.S. Department of Energy has authorized an immediate 13% increase in liquefied natural gas (LNG) exports from Venture Global’s Plaquemines LNG Terminal in Louisiana. This decision, announced by Secretary of Energy Chris Wright on March 13, 2026, adds an additional 0.45 billion cubic feet per day (Bcf/d) to the facility’s export capacity for non-free trade agreement countries, boosting its total authorized exports to 3.85 Bcf/d and reinforcing the United States' role as a vital global energy supplier amidst geopolitical tensions.

First Quantum to sell Çayeli Mine in Türkiye

2026-03-14

First Quantum Minerals has signed a definitive agreement to divest its Çayeli copper and zinc mine in Türkiye to Cengiz Insaat, a part of Cengiz Holding, for $340 million in cash. This strategic sale, anticipated to close in the second or third quarter of 2026, reflects First Quantum's disciplined approach to portfolio management, allowing the company to focus on its core strategic priorities and bolster financial flexibility. The Çayeli mine, located on Türkiye's Black Sea coast, has been a consistent producer since 1994, with its operational life recently extended to 2036.

Copper Quest finalises Auxer Gold Property acquisition

2026-03-14

Copper Quest Exploration has successfully finalized the acquisition of the Auxer Gold Property in Bonner County, Idaho, a strategic move that significantly expands its North American gold and copper asset portfolio. This 1,087-hectare property, encompassing 130 unpatented lode claims, boasts near-surface high-grade gold mineralization, with historical exploration results indicating grades up to 26.8 grams per tonne. The acquisition, facilitated by a payment of two million common shares and a $30,000 fee, positions Copper Quest for intensified exploration, leveraging existing infrastructure and newly secured permits for drilling and reestablishing historical underground access.