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Secretary of Energy Chris Wright Announces First Genesis Mission Projects Selected to Accelerate AI-Driven Scientific Discovery

Secretary of Energy Chris Wright Announces First Genesis Mission Projects Selected to Accelerate AI-Driven Scientific Discovery

The U.S. Department of Energy (DOE) has announced the selection of 278 projects for President Trump’s historic Genesis Mission, an initiative designed to double America’s scientific productivity through AI-enabled scientific discovery. Among the critical areas targeted is critical mineral extraction, signaling a transformative era for the mining sector. This unprecedented investment in AI-powered research, involving 342 institutions nationwide, aims to accelerate breakthroughs essential for energy, national security, and scientific advancement.

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Enervoxa eyes rare earth processing project in India

Enervoxa eyes rare earth processing project in India

Canada-based Enervoxa is advancing plans to establish a rare earth processing facility in India, targeting the extraction of critical elements from red mud, a significant waste product of aluminum manufacturing. This move, announced on July 24, 2026, involves an estimated investment of $250 million to $350 million and aims to address China's dominance in the rare earth sector while bolstering India's domestic capabilities in a strategically vital industry. The project seeks to collaborate with major Indian aluminum producers like Vedanta, Hindalco Industries, and state-run NALCO, leveraging Enervoxa's eight years of proprietary processing technology.

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Global silver output is expected to remain broadly stable in 2026

Global silver output is expected to remain broadly stable in 2026

GlobalData projects that worldwide silver production will experience broad stability in 2026, with a slight dip of 0.3%, followed by a modest compound annual growth rate of 0.8% through 2035. This outlook suggests a period of relatively flat supply, posing significant implications for industrial consumers, investors, and primary producers navigating an evolving demand landscape. The stability underscores the unique challenges of silver supply, heavily influenced by its byproduct nature within base metal and gold mining operations.

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Energy Department Announces Up to $65.5 Million to Advance Domestic Oil and Natural Gas Production and Delivery

Energy Department Announces Up to $65.5 Million to Advance Domestic Oil and Natural Gas Production and Delivery

The U.S. Department of Energy announced up to $65.5 million in federal funding on July 23, 2026, for research, development, and deployment projects aimed at bolstering domestic oil and natural gas production. This initiative focuses on maximizing resource value, enhancing supply chain resilience, and optimizing operations through digitalization, underscoring a commitment to strengthen America's energy infrastructure and secure affordable energy supplies for various industrial sectors, including mining.

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Blake Cassels & Graydon leads H1 2026 M&A legal advice in mining by value

Blake Cassels & Graydon leads H1 2026 M&A legal advice in mining by value

During the first half of 2026, Blake Cassels & Graydon and Cassels Brock & Blackwell emerged as the dominant legal advisors in the global metals and mining M&A sector, leading in deal value and volume, respectively. Blake Cassels & Graydon topped the value rankings with an impressive $13.8 billion in advised deals, while Cassels Brock & Blackwell led in volume, handling 13 transactions. This recent league table data from GlobalData underscores a dynamic M&A landscape driven by significant capital movements and strategic consolidations within the mining industry.

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Sun Silver to acquire Bayan Springs North Project in Nevada

Sun Silver to acquire Bayan Springs North Project in Nevada

Sun Silver has significantly expanded its footprint around the Maverick Silver Project in Nevada, US, through the acquisition of the Bayan Springs North Project and additional claim staking. This strategic move consolidates a continuous 15-kilometer mineralized corridor, much of which remains largely untested, and follows encouraging drill results including 70.1 meters at 160 grams per tonne silver equivalent. The company's focus on a new Northern Target, exhibiting Carlin-style geological indicators, underscores the potential for substantial resource growth beyond Maverick's existing 539 million ounces of silver equivalent.

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United States and Saudi Arabia Reach Historic Nuclear Cooperation Agreement

United States and Saudi Arabia Reach Historic Nuclear Cooperation Agreement

<p></p> <p>In a landmark development for the international energy landscape, the United States and Saudi Arabia formally established a peaceful nuclear cooperation framework on July 22, 2026. U.S. Secretary of Energy Chris Wright and Saudi Minister of Energy HRH Prince Abdulaziz bin Salman signed a 123 agreement and an accompanying bilateral safeguards agreement, paving the way for a multi-billion-dollar, decades-long partnership. This accord is poised to significantly expand American nuclear technology exports, create high-paying U.S. jobs, and, crucially for the mining sector, signal a substantial long-term increase in global uranium demand.</p> <p>

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BMO Capital Markets leads M&A financial advice in mining for H1 2026

BMO Capital Markets leads M&A financial advice in mining for H1 2026

BMO Capital Markets has solidified its position as the top financial advisor for mergers and acquisitions in the global metals and mining sector for the first half of 2026, leading both in deal value and volume. The North American investment bank provided advisory services for 13 significant transactions totaling $17.9 billion, marking a substantial year-over-year increase driven by its involvement in multiple billion-dollar deals. This repeated leadership highlights a dynamic period for mining M&A, underscoring the strategic importance of expert financial counsel in complex industry transactions.

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Rio Tinto signs bio pellet supply deal with SCL for refineries in Queensland

Rio Tinto signs bio pellet supply deal with SCL for refineries in Queensland

Rio Tinto has signed a five-year offtake agreement with Australian firm SuperChar (SCL) for bio pellets, commencing deliveries in 2028, to be used in its alumina refineries in Gladstone, Queensland. This strategic move, following successful operational trials and a feasibility study, aims to replace a portion of the coal used in steam generation, with the potential to significantly reduce Scope 1 carbon emissions by up to 90,000 tonnes annually. The initiative underscores Rio Tinto's commitment to decarbonizing its energy-intensive alumina production and supports the development of new agricultural-industrial supply chains in Queensland.

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Energy Secretary Secures Grid Amid Period of Hot Weather

Energy Secretary Secures Grid Amid Period of Hot Weather

The U.S. Department of Energy (DOE) issued an emergency order to the Southwest Power Pool (SPP) on July 21, 2026, to prevent blackouts amid severe hot weather conditions, authorizing the dispatch of backup generation. This critical intervention, championed by Secretary Chris Wright, underscores the Trump Administration's focus on grid reliability following a national energy emergency declaration. For the mining sector, an energy-intensive industry, such measures are vital for operational stability, safety, and economic viability amidst escalating power demands and infrastructure challenges.

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