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Cobalt Blue signs offtake term sheet with STG Metals

2026-10-19

Cobalt Blue has signed a non-binding offtake term sheet with STG Metals for the sale of high-purity cobalt metal rounds from its proposed Kwinana Cobalt Refinery (KCR) in Western Australia. This agreement represents a significant stride towards the commercialization of Australia's first dedicated mid-stream cobalt refinery, reinforcing the project's commercial framework ahead of a final investment decision. The KCR aims to produce approximately 3,000 tonnes per annum of contained cobalt, serving critical battery, advanced manufacturing, and defense sectors.

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Recent Articles

Mining’s separation debate is asking the wrong questions

2026-10-19

Steve Benyo of Flottweg Separation Technology, in an October 19, 2026, opinion piece for Mining Technology, asserts that the mining industry's debate over mineral separation technologies is fundamentally flawed. He argues that instead of seeking a singular "best" technology, the focus must shift to strategically deploying the "right" technology, meticulously tailored to the specific operational, geological, and environmental context of each mining project. This perspective advocates for customized solutions that optimize efficiency, sustainability, and economic viability.

Flynn Gold extends gold-tungsten mineralisation at Firetower Project

2026-10-19

Flynn Gold has announced significant assay results from its 2026 drilling program at the wholly owned Firetower Project in northern Tasmania, successfully extending high-grade gold-tungsten mineralization. The latest findings, particularly from drill-hole 2019FTD003E, demonstrate continuity of a polymetallic system comprising gold, tungsten, copper, cobalt, and silver, supporting potential for further expansion. This development precedes planned metallurgical testwork and an initial mineral resource estimate, marking a critical advancement for the project within the prospective Mt Read Volcanic Sequence.

Energy Department Announces 2026 Ernest Orlando Lawrence Award Winners

2026-10-18

The U.S. Department of Energy recently honored nine distinguished scientists and engineers with the 2026 Ernest Orlando Lawrence Award, recognizing their pivotal research across various disciplines, many of which hold significant implications for the global mining industry. These advancements, spanning critical materials separation, battery technology, high-performance computing, and fusion energy, are set to shape the future of resource extraction, processing efficiency, and sustainable practices, reinforcing America's leadership in science and technology.

Yukon Metals identifies copper-gold system at Viper prospect

2026-10-18

Yukon Metals has announced the identification of a significant copper-gold-molybdenum porphyry-style hydrothermal system at its Viper Prospect within the AZ Project, located 36km south of Beaver Creek in Canada’s Yukon Territory. The 2026 exploration program, featuring three diamond drill holes totaling 1,948m, confirmed increasing mineralization with depth and revealed alteration assemblages characteristic of world-class porphyry deposits. This discovery marks a pivotal advancement for Yukon Metals, positioning the Viper Prospect as a strong target for future resource definition and development in a region known for its mineral potential.

Energy Department Announces Virginia and West Virginia Transmission Project to Receive Defense Production Act Funding, Strengthening National Security and Grid Reliability

2026-10-17

The U.S. Department of Energy announced on October 16, 2026, its intent to allocate up to $50 million in Defense Production Act (DPA) funding to accelerate transmission capacity expansion in Virginia and West Virginia. This initiative, led by Virginia Energy in coordination with Appalachian Power and Potomac Edison, aims to deploy advanced reconductoring and Dynamic Line Rating technologies, adding an estimated 290 megawatts of capacity up to four years faster than conventional methods. The project is critical for strengthening grid reliability, lowering energy costs, and supporting national defense, with significant implications for energy-intensive sectors like mining.

Mining finance rises 55% as biodiversity report flags risks

2026-10-17

A recent report reveals that bank financing for mining operations in tropical forest regions surged by 55% between 2016 and 2025, reaching $36.7 billion last year. This significant increase, detailed in the "Banking on Biodiversity Collapse 2026" report by the Forests & Finance coalition, raises critical concerns regarding biodiversity risks, waste management practices, and the need for enhanced environmental safeguards and supply-chain transparency across the global mining sector. The findings underscore a growing tension between the demand for critical minerals and the imperative for responsible development in ecologically sensitive areas.

CoTec, BMR plan partnership to boost Punitaqui copper production

2026-10-17

CoTec and Battery Mineral Resources (BMR) have entered a non-binding framework agreement to explore a strategic economic joint venture aimed at significantly increasing copper production at BMR’s Punitaqui mining district in Chile. This proposed partnership seeks to leverage CoTec’s expertise in advanced processing technologies to recover copper from lower-grade sulphides and existing mine tailings, combining it with Punitaqui's established infrastructure and resources. The collaboration underscores a growing industry trend towards optimizing resource utilization and extending mine life from previously uneconomic materials.

Blue Lagoon confirms first finalised gold output from Dome Mountain

2026-10-16

Blue Lagoon Resources has confirmed its first finalized gold and silver concentrate production from the Dome Mountain Gold and Silver Mine in British Columbia, Canada. This marks a significant operational milestone, demonstrating the company's full production cycle, from underground mining through milling, concentrate sales, and receipt of provisional payments totaling approximately $11.6 million (C$16.5 million). The initial output yielded 992 ounces of gold and 4,181 ounces of silver from 341.6 dry tonnes of concentrate, with subsequent processing batches showing improved mill-feed grades and high gold recovery rates.

Tharisa signs PGM offtake deal with Valterra Platinum subsidiary

2026-10-16

Tharisa, a prominent South African PGM and chrome producer, has announced a significant multi-year offtake agreement with Valterra Platinum, a subsidiary of Rustenburg Platinum Mines. Commencing January 1, 2027, Valterra Platinum will purchase 50% of the PGM concentrate produced at Tharisa Mine, replacing Sibanye-Stillwater as an offtake partner while Northam Platinum retains the remaining 50%. This strategic partnership extends beyond PGMs, encompassing a collaborative exploration into fine chrome recovery and beneficiation, utilizing Tharisa’s advanced Vulcan X technology, and building on an earlier agreement for the Karo Platinum project.

Energy Department Releases Emissions Value Request Process for 45Z Fuel Production Credit

2026-10-15

The U.S. Department of Energy (DOE) has unveiled the Emissions Value Request (EVR) process, a critical pathway for transportation fuel producers to access the Section 45Z Clean Fuel Production Tax Credit. This new mechanism, stemming from the Working Families Tax Cut, aims to incentivize domestic clean fuel production by providing a provisional emissions rate for fuels not yet included in existing rate tables. For the mining industry, this development signifies potential shifts in energy procurement, new opportunities for supplying critical feedstocks, and a strategic alignment with broader national goals of energy security and decarbonization.