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Trilogy Metals launches 2026 Upper Kobuk fieldwork in Alaska

2026-06-10

Trilogy Metals has initiated its robust 2026 summer field program at the Upper Kobuk Mineral Projects (UKMP) in Alaska, a crucial step towards advancing the Arctic copper-zinc-lead-gold-silver project while preparing the Bornite copper-cobalt deposit for future development. Managed by the Ambler Metals 50-50 joint venture with South32, the fully funded program features extensive drilling focused on mine design, environmental data, and exploration, aiming to propel the district towards a potential construction decision amid favorable permitting momentum.

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Energy Department Releases Finalized Fusion Science and Technology Roadmap to Accelerate Commercial Fusion Power

2026-06-10

The U.S. Department of Energy (DOE) officially released its finalized Fusion Science and Technology (FS&T) Roadmap on June 9, 2026, outlining a comprehensive national strategy to accelerate the commercialization of fusion energy by the mid-2030s. This initiative, built on extensive public-private collaboration, aims to establish U.S. leadership in fusion by focusing on infrastructure, advanced research, and ecosystem development, with profound implications for critical mineral supply chains and broader energy transition goals within the mining industry.

Larvotto signs seven-year Hillgrove gold offtake deal with Glencore

2026-06-10

Larvotto Resources has secured a significant seven-year binding offtake agreement with Glencore for gold concentrate from its Hillgrove Antimony-Gold Project in New South Wales, Australia. This deal, covering approximately 15,000 dry tonnes per annum of concentrate, is structured on a mine-gate basis, with Glencore managing logistics. Scheduled for commissioning in August 2026, the project has now fully de-risked its primary revenue streams, following an earlier antimony offtake with Wogen Resources, providing crucial certainty for its transition into operations.

Red Mountain identifies outcropping garnet skarn at Montana site

2026-06-10

Red Mountain Mining has confirmed visible garnet skarn exposures at its Greenstone and Mammoth prospects within the Pioneer Tungsten Project in Montana, following its strategic acquisition of 100% project ownership. The discovery, supported by magnetic modelling suggesting subsurface mineralisation, positions the company to potentially expand tungsten resources in a historically rich district. With initial rock chip sample results expected by late June, Red Mountain is poised for follow-up drill testing, marking a significant step in developing a domestic tungsten supply.

United States and Japan Announce Historic $1 Billion Partnership Under President Trump’s Genesis Mission

2026-06-09

The United States and Japan have forged a landmark $1 billion strategic partnership under President Trump’s Genesis Mission, announced on June 4, 2026. This collaboration, making Japan the first international partner in the Genesis Mission, will see eleven joint scientific teams from leading U.S. and Japanese institutions tackle advancements in quantum information science, fusion energy, biotechnology, advanced materials, particle physics, and autonomous laboratory systems, with significant implications for the future of global science and industrial innovation, including the mining sector. The five-year investment, with $500 million from each nation, aims to accelerate discovery by harnessing AI and advanced computing, redefining scientific research for generations to come.

ABTC wins back $115m DoE grant for Tonopah Lithium refinery

2026-06-09

The American Battery Technology Company (ABTC) has successfully secured the reinstatement of a substantial $115 million grant from the U.S. Department of Energy (DoE), earmarked for the first phase of its commercial-scale lithium refinery at the Tonopah Flats Lithium Project in Nevada. This critical funding, initially terminated in October 2025, was restored following a successful appeal and rigorous review process, underscoring continued federal commitment to developing domestic battery-grade lithium production from claystone resources. The refinery is designed to produce 5,000 tonnes per annum of battery-grade lithium hydroxide, a cornerstone material for the burgeoning electric vehicle and energy storage sectors.

Scorpio Gold drills 1.27g/t gold over 45.23m at Goldwedge target

2026-06-09

Scorpio Gold has announced encouraging assay results from its Phase Two diamond drilling program at the Manhattan District Project in Nevada, highlighted by an intercept of 1.27 grams per tonne (g/t) gold over 45.23 meters in hole 26MN-086 at the Goldwedge target. These results, part of a broader 92-hole, 25,919-meter program, signal potential for significant volcanic-hosted gold mineralization beyond current resource estimates, drawing comparisons to large-scale systems like the nearby Round Mountain. The ongoing exploration, including a review of historic core, aims to define new mineralized zones and expand the project's economic viability in one of the world's premier gold mining jurisdictions.

Energy Department to Invest $350 Million to Build, Modernize, and Restart Coal Plants

2026-06-08

The U.S. Department of Energy (DOE) announced on June 4, 2026, the allocation of $350 million across four coal modernization and reliability projects, part of a larger $525 million initiative. These projects, located in Alaska, West Virginia, Puerto Rico, and Maryland, are projected to add or preserve approximately 3,565 megawatts (MW) of coal-fired generation capacity. This federal investment aims to strengthen baseload power generation, enhance grid reliability, and support the domestic coal industry, aligning with the administration's focus on energy security and affordability.

Silver X secures full ownership of Ccasahuasi gold project in Peru

2026-06-08

Silver X Mining has secured full ownership of the Ccasahuasi gold project in central Peru by acquiring the Lily 19 mining concession from Barrick Mining for $30,000, alongside an NSR royalty. This strategic acquisition adds an inferred mineral resource of 42,303 ounces of gold to Silver X’s portfolio, located just one kilometer from its producing Tangana mine, presenting significant operational synergies and exploration upside. The project, identified through limited drilling, remains open at depth and along strike, prompting plans for a comprehensive follow-up drilling program.

How DLE is turning oilfield wastewater into a valuable lithium source

2026-06-08

The accelerating energy transition is driving unprecedented demand for lithium, estimated to quadruple by 2035, necessitating innovative extraction methods beyond traditional mining. Direct Lithium Extraction (DLE) technologies are emerging as a transformative solution, capable of rapidly recovering lithium from unconventional sources like oilfield wastewater, geothermal brines, and seawater. This approach not only significantly reduces production timelines from months to days but also presents a unique opportunity for oil and gas operators to monetize existing waste streams, redefining their operational economics and contributing to a critical supply chain.

Energy Department to Use Defense Production Act Funding to Expand Coal Capacity at 13 Plants and Build Export Infrastructure

2026-06-07

The U.S. Department of Energy announced on June 4, 2026, a significant investment of up to $500 million in Defense Production Act (DPA) Title III funds to bolster domestic coal infrastructure. This funding includes $425 million for 12 American coal-fired power plants to enhance baseload power generation and an additional $75 million for the West Gateway Terminal Project in Oakland, California, aimed at expanding West Coast coal and bulk commodity export capacity to key Indo-Pacific allies. This strategic move underscores the administration's commitment to national security, strengthening energy supply chains, and reinforcing America's role in global energy exports.