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Riverside, Questcorp complete geophysical surveys at La Union Project

Riverside, Questcorp complete geophysical surveys at La Union Project

Riverside Resources and Questcorp Mining have successfully completed expanded geophysical surveys, including aeromagnetic drone and induced polarization (IP) ground surveys, at their La Union Project in Sonora, Mexico. This critical data is being immediately integrated into the ongoing phase two drilling program, significantly enhancing the understanding of subsurface structures and refining exploration targets, particularly at the Union, Union North, and Jabali zones. The findings promise to accelerate the project's development by providing a clearer geological framework for potential carbonate replacement deposit and sediment-hosted gold mineralization.

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Tocvan to acquire 49% stake in Pilar mining concessions

Tocvan to acquire 49% stake in Pilar mining concessions

Tocvan Ventures is set to acquire the remaining 49% interest in the Pilar mining concessions from Colibri Resources, consolidating 100% ownership of its Gran Pilar gold-silver project in Sonora, Mexico. This strategic acquisition, valued at C$3.6 million in cash plus a 1% net smelter return royalty to Colibri, is expected to streamline development, expedite decision-making, and fully unlock the project's exploration and production potential. The move positions Tocvan to advance rapidly towards resource definition and pilot production at the promising gold-silver anomaly.

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Energy Department Closes Loan to AEP Texas, Delivering Millions in Electricity Cost Savings for Texans

Energy Department Closes Loan to AEP Texas, Delivering Millions in Electricity Cost Savings for Texans

The U.S. Department of Energy (DOE) has finalized a significant loan of up to $3.26 billion to AEP Texas, aiming to modernize vast sections of the Texas electricity grid and deliver substantial cost savings to over one million households and businesses. This strategic investment, facilitated by the DOE's Office of Energy Dominance Financing (EDF), targets critical infrastructure upgrades, enhancing grid reliability and supporting the surging power demands from key industrial sectors, including the vital oil and natural gas operations in the Permian Basin. The initiative is poised to create thousands of jobs and reinforce the nation's energy security, holding considerable indirect benefits for the broader mining industry through increased demand for raw materials and a more stable, affordable energy supply.

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Kenorland completes initial drill programme at Western Wabigoon

Kenorland completes initial drill programme at Western Wabigoon

Kenorland Minerals has successfully concluded its initial diamond drill program at the Western Wabigoon Project in north-western Ontario, targeting a significant 3km-long gold-in-till and heavy mineral concentrate anomaly within the W2 area. The summer 2026 campaign, comprising 4,089 meters across nine holes, confirmed key geological structures and identified visible gold in one drill hole, underscoring the project's exploration potential under an option agreement with a Centerra Gold subsidiary. Assay results, crucial for determining the project's future, are anticipated in the third quarter of 2026.

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EGA resumes alumina output at Al Taweelah refinery in Abu Dhabi

EGA resumes alumina output at Al Taweelah refinery in Abu Dhabi

Emirates Global Aluminium (EGA) has successfully restarted alumina production at its Al Taweelah refinery in Abu Dhabi, having suspended operations in March 2026 following Iranian attacks on the Khalifa Economic Zone. The critical facility, which supplied 46% of EGA’s alumina needs in 2025, expects to reach 50% of its capacity within days, with a technical goal of achieving full production by the end of 2026, contingent on broader supply chain factors. This resumption marks a significant step in restoring a vital component of the UAE’s integrated aluminium production complex, underscoring strategic efforts to enhance resilience in the global supply chain.

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Secretary of Energy Chris Wright Announces Newly Appointed Members of the Secretary of Energy Advisory Board

Secretary of Energy Chris Wright Announces Newly Appointed Members of the Secretary of Energy Advisory Board

The U.S. Department of Energy (DOE) announced on July 9, 2026, the appointment of new members to its Secretary of Energy Advisory Board (SEAB), setting a strategic course for American energy policy. These 20 leaders from diverse sectors, including oil and gas, renewables, finance, and technology, will serve two-year terms expiring in May 2028, providing crucial counsel to Secretary Chris Wright on vital energy issues. The composition of the board signals a comprehensive approach to securing "affordable, reliable, and secure American energy," holding significant implications for the mining industry's role in supplying critical raw materials.

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Lowry reserves extend Sandfire’s Black Butte copper mine life to 12 years

Lowry reserves extend Sandfire’s Black Butte copper mine life to 12 years

Sandfire Resources America has unveiled an updated Preliminary Feasibility Study for its Black Butte copper project in Montana, integrating the new Lowry deposit and extending the mine's projected life to 12 years. This enhancement significantly boosts contained copper reserves to 370,000 tonnes at a 2.6% grade, positioning Black Butte as a pivotal domestic copper asset for the United States, despite showing moderate financial returns on investment.

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Carney seeks deeper Saudi mining, energy partnership

Carney seeks deeper Saudi mining, energy partnership

Canadian Prime Minister Mark Carney's recent visit to Saudi Arabia signaled a significant deepening of economic ties, resulting in over C$1 billion ($710 million) in commercial agreements focused on mining, critical minerals, and energy. This landmark visit, the first by a Canadian premier in 26 years, positions Canadian companies for substantial involvement in Saudi Arabia's ambitious Vision 2030 diversification strategy, while helping Canada reduce its dependence on the U.S. market. The partnership is set to enhance cooperation across vital sectors, including critical mineral supply chains, sustainable energy projects, and advanced technology.

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Africa’s mining sector poised for sustained growth driven by critical minerals and policy reforms

Africa’s mining sector poised for sustained growth driven by critical minerals and policy reforms

Africa's mining sector is poised for significant and sustained growth, driven by increasing global demand for critical minerals and ongoing policy reforms across the continent. While platinum remains a foundational commodity, with Africa anticipated to contribute nearly 80.5% of global production in 2025, the sector continues to navigate persistent challenges including infrastructure deficits, regulatory ambiguities, and escalating operational expenses. This outlook, detailed by a GlobalData analyst comment on July 7, 2026, underscores Africa's strategic importance in the evolving global mineral supply chain.

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Copper and lithium boom reinforces Latin America’s role in the future of mining

Copper and lithium boom reinforces Latin America’s role in the future of mining

Latin America is solidifying its indispensable role in the global mining industry, driven by significant booms in copper and lithium, according to an analyst comment from GlobalData on July 7, 2026. Countries such as Chile, Peru, Brazil, and Mexico continue to serve as crucial industry anchors, underpinned by their established mining sectors, robust foreign investment inflows, and well-developed infrastructure that facilitates resource extraction and export. The region is particularly witnessing transformative growth in its lithium sector, with Argentina and Brazil at the forefront of this expansion, vital for the burgeoning electric vehicle and renewable energy markets.

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