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Zacatecas Silver starts 2026 drilling at El Cristo, Mexico

2026-04-05

Zacatecas Silver has commenced its 2026 diamond drilling program at the high-potential El Cristo Project within Mexico’s historic Zacatecas Mining District. The initial hole, completed by Major Drilling Mexico, successfully intersected a mineralized brecciated structure featuring visible sulfides such as galena and sphalerite, validating the company's targeting strategy. This early success signals promising potential for high-grade silver and base metal mineralization in a region renowned for its rich epithermal deposits.

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REalloys, USCM sign MoU on Sheep Creek rare earth project

2026-04-05

REalloys and U.S. Critical Materials (USCM) have signed a non-binding Memorandum of Understanding (MoU) for REalloys to obtain up to 10% of the heavy rare earth production from USCM's high-grade Sheep Creek project in Montana. This strategic partnership aims to establish a crucial domestic supply chain for critical minerals, including dysprosium, terbium, yttrium, and gallium, vital for U.S. strategic defense stockpiles and advanced technology applications, ahead of anticipated restrictions on Chinese rare earth procurement in 2027. The agreement underscores a significant step towards bolstering American critical mineral sovereignty and reducing reliance on foreign adversaries.

Underground mining safety: why accidents persist and what technologies help

2026-04-05

Underground mining continues to face significant safety challenges, particularly in areas with limited visibility such as intersections and blind corners, largely due to the inherent constraints of conventional safety systems and GNSS-denied environments. Emerging technologies like Vehicle-to-Everything (V2X) communication and advanced wearable devices are proving instrumental in enhancing real-time awareness and improving emergency response times. Despite these technological advancements, the critical importance of human oversight and robust safety protocols remains paramount for achieving safer operational environments.

Barrick warns of “significant increases” to budget, timeline for Pakistan copper project

2026-04-04

Barrick Mining has announced anticipated "significant increases" to the capital budget and timeline for its Reko Diq copper-gold project in Pakistan, following an earlier decision to slow development due to escalating security concerns in Balochistan and the broader Middle East. The Canadian miner, which operates Reko Diq as a 50/50 joint venture with Pakistani authorities, is extending its project review period until mid-2027 to comprehensively assess the evolving situation, capital requirements, financing, scope, and timeline for the Tier 1 asset.

‘Phytocapture’ from Kazakhstan Research Institute helps trap airborne dust near gold mine

2026-04-04

China's Zijin Mining, following its 2025 acquisition of RG Gold, is set to invest $500 million in a new processing plant in Kazakhstan, concurrent with RG Gold's progressive environmental initiatives. Central to this is the 'phytocapture' technology, developed by the Sustainable Kazakhstan Research Institute, which employs scientifically designed vegetative barriers to significantly reduce airborne dust emissions from open-pit gold mining operations near the Raygorodok deposit. This innovative approach, integrating supercomputer modeling and indigenous plant species, marks a significant step in sustainable mining practices in Central Asia and offers a blueprint for environmental stewardship within the global industry.

St Barbara receives $269.5m investment from Lingbao

2026-04-03

St Barbara has announced a significant milestone for its New Simberi Gold Project in Papua New Guinea, securing an A$389 million ($269.5 million) investment from Lingbao Gold Group. This capital injection, alongside the approval of the Final Investment Decision, fully funds St Barbara's 50% share of the project's construction costs, paving the way for a substantial expansion that is projected to double mining output to 20 million tonnes per annum and boost gold production to over 200,000 ounces annually. The development is expected to yield an A$0.5 billion gain for St Barbara, marking a strategic move to de-risk and unlock long-term value from the long-life, low-cost operation.

KGL Resources signs $300m agreement with Wheaton

2026-04-03

KGL Resources has secured a pivotal A$300 million precious metals purchase agreement (PMPA) with Wheaton Precious Metals International, earmarking funds for the construction and development of its Jervois Copper Project in Australia’s Northern Territory. This strategic financing, which includes a $275 million upfront stream payment and a $25 million cost overrun facility, marks Wheaton's inaugural streaming deal in Australia and positions KGL to become a significant copper producer with all necessary permits already in place.

Resolute, NMC sign MoU for gold exploration in Guinea

2026-04-02

Resolute Mining has forged a strategic, non-binding Memorandum of Understanding (MoU) with Guinea's Nimba Mining Company (NMC) to explore and potentially develop large-scale gold projects in the West African nation. Announced on April 1, 2026, this collaboration aligns with Resolute’s strategy to expand its growth pipeline in established gold regions and marks NMC’s first foray into the gold sector with an internationally listed partner, supported by the Guinean Ministry of Mines and Geology. The partnership aims to assess mineral resources, conduct geological studies, and develop plans for future gold production, with a preliminary assessment of identified areas expected within 90 days.

Orano CE to accept Kayelekera uranium concentrate

2026-04-02

Lotus Resources has secured a crucial confirmation from Orano Chimie-Enrichissement (Orano CE) for the acceptance of uranium ore concentrate from its Kayelekera project in Malawi at the Malvesi conversion facility in France. This pivotal development, following extensive qualification efforts, positions Lotus as a forthcoming global uranium supplier, with aims to reach full production capacity by the second quarter of 2026. The agreement facilitates initial shipments and provides strategic flexibility for Lotus in navigating global uranium markets and supply chains.

Latitude 66 concludes Phase 2 drilling at Laverton Gold Project

2026-04-01

Latitude 66 has successfully concluded its Phase 2 reverse circulation (RC) drilling program at the Laverton Gold Project in Western Australia, comprising 38 holes totaling 3,914 meters. The program focused on the Red Dog and Tin Dog prospects, aiming to extend existing mineralization and define new structural frameworks, building upon results from January 2026's Phase 1 drilling. The company now awaits assay results, which are anticipated to guide subsequent exploration phases and support its strategy for rapid resource growth.

Santana secures build slots for Bendigo-Ophir Project

2026-04-01

Santana Minerals has taken a significant step forward for its Bendigo-Ophir Gold Project in New Zealand, securing NZ$115 million ($65.8 million) worth of mining fleet build slots with Komatsu New Zealand. This critical agreement, which includes primary excavators and haul trucks under a leasing and support package, positions Santana as a prospective low-cost owner-operator, pending a crucial fast-track approval decision expected by October 2026. The move underscores the project's progression towards construction and future production, contingent on regulatory green light.