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Guinea selects Glencore as bauxite offtaker for Nimba

2026-08-08

Guinea's government has strategically selected Glencore as the bauxite offtaker for its state-owned Nimba Mining, a move designed to enhance state oversight and optimize export volumes from the world's leading bauxite supplier. This decision follows Nimba Mining's recent takeover of a significant concession and aligns with Guinea's broader ambition to diversify its mineral sector and add value domestically, including new ventures in gold and iron ore. The agreement underscores the increasing trend of resource-rich nations asserting greater control over their critical mineral assets.

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Energy Department Launches $100 Million Initiative to Build America’s Critical Minerals Workforce, Strengthen Domestic Supply Chains

2026-08-08

The U.S. Department of Energy (DOE) has launched the $100 million Providing Opportunities for Specialized Education in Critical Technologies (PROSPECT) initiative, aimed at bolstering America's critical minerals workforce and securing domestic supply chains. Announced on August 7, 2026, by the DOE’s Office of Critical Minerals and Energy Innovation, this program seeks to double the number of graduates in mining and related fields within two years and address a projected need for 6,000 new mining engineers over the next decade. PROSPECT represents a significant federal investment in education and training to reduce reliance on foreign adversaries for essential materials.

Phase one drilling begins at Decade’s Bonaparte copper-gold project

2026-08-08

Decade Resources has initiated its pivotal phase one drilling program at the Bonaparte copper-gold project in British Columbia, Canada, targeting a blend of porphyry, intrusion-related gold, and epithermal vein systems. This initial 3,000-meter drill program across six holes aims to test significant geophysical and geochemical anomalies, building on historical high-grade gold intercepts. The project, strategically located near Kamloops, represents a key exploration focus for Decade Resources, with potential implications for North America's critical minerals supply chain.

Case study: How mining’s toughest environments demand a tailor-made protection strategy

2026-08-08

The global mining sector is confronting unprecedented challenges that demand specialized lubrication strategies, moving beyond traditional OEM specifications. A recent case study highlights Petro-Canada Lubricants' PRODURO™ TO-4+ UHP, which demonstrated significant improvements in equipment life and film thickness during a two-year field trial with a major Canadian mining fleet, addressing the rigorous demands of extreme temperatures, punishing loads, and continuous autonomous operations. This innovation offers a pathway to enhanced reliability, reduced maintenance, and improved cost efficiency for modern mining fleets globally.

United States to Host International Atomic Energy Agency Launch for New Maritime Nuclear Initiative

2026-08-07

The United States is set to host the ministerial launch of the International Atomic Energy Agency’s (IAEA) new ATLAS initiative in Washington, D.C., on August 26–27, 2026. This landmark event will establish an international framework for the safe and secure deployment of nuclear technologies in the maritime sector, addressing legal and regulatory complexities for advanced applications like floating nuclear power plants and civil nuclear-powered ships. The initiative holds significant implications for the mining industry, particularly regarding future demand for uranium and other critical minerals essential for advanced nuclear reactor development.

Glencore reports 49% revenue rise in H1 2026

2026-08-07

Glencore reported a robust financial performance for the first half of 2026, with revenue climbing 49% to $174.43 billion and adjusted EBITDA surging 86% to $10.1 billion, driven by elevated commodity prices and strong marketing contributions. The global diversified miner also announced plans for a secondary listing on the Australian Securities Exchange (ASX) in October 2026, aiming to broaden its investor base, alongside strategic investments in its copper portfolio and a positive outlook for the remainder of the year.

Aya Gold & Silver expands exploration in Morocco

2026-08-07

Aya Gold & Silver has significantly expanded its exploration footprint in Morocco, acquiring a new portfolio comprising three projects across 259km² for Dh10 million ($1.06 million). This strategic move, announced on August 6, 2026, increases Aya's land package in the country by 35.4% to over 991km², positioning the company for diversified growth beyond its primary silver operations into critical and base metals. The acquisition includes the Zagora, Agadir-Melloul, and Goulmim projects, each demonstrating potential for a range of commodities from cobalt and rare earth elements to copper, lead, and gold, underscoring Aya's ambition to build a robust pipeline of future discoveries.

Energy Secretary Keeps Guam Power On

2026-08-06

U.S. Secretary of Energy Chris Wright has issued an emergency order to the Guam Power Authority (GPA), authorizing the operation of specific generation units to prevent blackouts and ensure grid stability on the island through early November 2026. This critical intervention, prompted by the unexpected offline status of the Ukudu steam turbine for emergency repairs, underscores the inherent vulnerabilities of isolated island grids and highlights the broader implications of energy reliability for industrial sectors, including the global mining industry, which relies heavily on consistent and affordable power for operations.

From predictive maintenance to autonomous operations: the roadmap to scaling AI in mining

2026-08-06

The mining industry is on the cusp of a significant transformation, with Artificial Intelligence projected to see a substantial increase in investment, growing from $2.7 billion in 2024 to $13.1 billion in 2029. While AI currently excels in predictive maintenance and data analysis, the next critical phase involves bridging the gap between AI-driven insights and actionable operational responses. This evolution demands robust infrastructure, integrated systems, and a prepared workforce to convert predictions into secure, coordinated actions, ultimately moving towards bounded autonomous control.

Genesis-Vault deal reflects Australia’s changing gold growth story

2026-08-06

Australia's gold sector is poised for continued recovery, driven by a dual strategy of new project development and significant strategic consolidation, as highlighted by a recent GlobalData analysis. The Genesis-Vault transaction exemplifies this evolving landscape, signifying a pivotal shift in how growth is being pursued across the continent. This commentary, dated August 5, 2026, underscores the dynamic forces shaping one of the world's leading gold-producing nations.

AuKing Mining agrees to purchase Malawi’s Machinga HREE project

2026-08-05

AuKing Mining has announced the acquisition of 100% of the Machinga Heavy Rare Earth Elements (HREE) Project in southern Malawi, a strategic move reinforcing its commitment to critical minerals. This project, covering two exploration licenses totaling approximately 200.4km², is situated within the geologically significant Chilwa Alkaline Province, known for its rare earth potential. The acquisition, valued at A$750,000 in cash and A$750,000 in shares, plus A$1.25 million in performance shares tied to a JORC resource milestone, positions AuKing to capitalize on a high-grade HREE deposit with characteristics similar to globally recognized projects, offering potential for open-pit mining.