Loading commodity prices...

Latest Articles

Recent Articles

Trump Administration Moves to Permanently End Green New Scam Appliance Mandates

Trump Administration Moves to Permanently End Green New Scam Appliance Mandates

The U.S. Department of Energy (DOE) has introduced a Notice of Proposed Rulemaking to dismantle home appliance and equipment efficiency mandates, aiming to reduce costs and enhance consumer choice. Announced by Secretary of Energy Chris Wright on July 2, 2026, this move aligns with President Trump's broader deregulation agenda, impacting products from air conditioners to washing machines. The proposal seeks to revise the DOE’s “Process Rule” for establishing energy conservation standards, potentially shifting demand dynamics for critical minerals and energy resources relevant to the mining sector.

Read More →
Sandvik receives underground equipment order from CoMinVi

Sandvik receives underground equipment order from CoMinVi

Sandvik has secured a significant order, valued at approximately Skr340 million ($35.2 million), from Mexican mining contractor Constructora Minera Villagómez (CoMinVi) for a comprehensive fleet of underground mining equipment. This deal, booked for the second quarter of 2026, not only includes the supply of rock bolters, loaders, and trucks but also a robust four-year agreement for parts and equipment rebuilds, signalling a deepening of their two-decade-long strategic partnership. The investment underscores CoMinVi's growth ambitions in the Mexican mining sector and reinforces Sandvik's position as a leading global equipment provider, particularly in the critical underground segment.

Read More →
The UK’s critical minerals ambitions will need Cornwall

The UK’s critical minerals ambitions will need Cornwall

<p></p> <p>In a thought-provoking commentary published on July 6, 2026, CMGA managing director Ola Zawalna emphasized the indispensable role of Cornwall in realizing the UK’s critical minerals ambitions. Zawalna posits that the development of critical mineral projects and the deployment of new extraction technologies within the historic mining region of Cornwall are paramount to enhancing the United Kingdom's overall resource security, highlighting a strategic domestic imperative for a resilient supply chain.</p> <p>

Read More →
Energy Dominance Financing Office Celebrates One Year Since Passage of the Working Families Tax Cuts Act

Energy Dominance Financing Office Celebrates One Year Since Passage of the Working Families Tax Cuts Act

The U.S. Department of Energy's Office of Energy Dominance Financing (EDF) has marked the one-year anniversary of President Trump’s Working Families Tax Cuts, which expanded the EDF's loan authority to over $250 billion to bolster U.S. energy and industrial leadership. Highlighting significant investments in nuclear power restarts, grid modernization, and critical mineral supply chains, the EDF is driving a national strategy to secure baseload energy, lower consumer costs, and revitalize domestic manufacturing, including a substantial focus on strategic resources and agricultural inputs. This initiative signals a major shift in federal energy policy with profound implications for the mining sector, particularly in uranium, copper, and critical minerals.

Read More →
Almonty kicks off processing at Sangdong tungsten mine

Almonty kicks off processing at Sangdong tungsten mine

Almonty Industries has officially commenced processing plant throughput operations at its Sangdong tungsten mine in South Korea, marking a critical transition from mine development to revenue-generating production. This milestone, announced on July 2, 2026, positions Sangdong, a historically significant tungsten producer, to re-emerge as a major Western supplier amid a robust tungsten pricing environment and increasing global demand for critical minerals. The operation is set to leverage a substantial ore stockpile and a modern processing facility to produce high-purity tungsten concentrate, with a projected mine life exceeding 45 years and the potential to supply 40% of the world's tungsten demand outside China.

Read More →
US uranium revival gains traction as output triples

US uranium revival gains traction as output triples

The United States uranium mining sector experienced a significant resurgence in 2025, with production more than tripling to 2.1 million pounds of uranium oxide (U3O8), marking its highest level in nearly a decade. This revival is underpinned by robust government support, increasing spot prices, and rising demand driven by the expansion of nuclear energy and data center power requirements. Key indicators such as exploration drilling, development activities, and expenditures also saw substantial gains, signaling a potent recovery for domestic uranium supply.

Read More →
Secretary Wright Applauds End of New Federal Wind and Solar Subsidies

Secretary Wright Applauds End of New Federal Wind and Solar Subsidies

U.S. Secretary of Energy Chris Wright announced the cessation of federal tax credit subsidies for new wind and solar projects not yet under construction, effective July 4, 2026. This policy shift, enacted through the Working Families Tax Cut, concludes over three decades of federal support for these renewable energy technologies, which accounted for approximately three percent of U.S. primary energy consumption in 2025. The decision highlights concerns over land usage, material intensity, transmission infrastructure needs, and the intermittency of wind and solar, signaling a potential redirection in U.S. energy policy with significant implications for the mining sector.

Read More →
Metalsource Mining expands Silver Hill project in North Carolina

Metalsource Mining expands Silver Hill project in North Carolina

Metalsource Mining has significantly expanded its land holdings at the Silver Hill project in Davidson County, North Carolina, through the acquisition of an additional 141 acres, bringing its total consolidated land position to approximately 1,300 acres. This strategic move, announced on July 3, 2026, aims to broaden the company’s exploration efforts along strike and down dip of known mineralization, supporting its objective of assessing the district-scale potential of the historic mine area. With pending assay results and plans to accelerate drilling with an additional rig, Metalsource Mining is intensifying its focus on defining the full extent of the Silver Hill system.

Read More →
BHP agrees to sell San Manuel property to Faraday Copper

BHP agrees to sell San Manuel property to Faraday Copper

BHP has reached a definitive agreement to sell its San Manuel copper property in Arizona, USA, to Faraday Copper, a move set to close by September 30, 2026. This strategic transaction will grant BHP a significant 30% fully diluted equity interest in Faraday, along with critical shareholder and offtake rights, positioning Faraday to consolidate San Manuel with its adjacent Copper Creek project into a major combined operation supporting domestic US copper supply.

Read More →
Energy Secretary Secures Carolinas’ Grid Amid Period of Hot Weather

Energy Secretary Secures Carolinas’ Grid Amid Period of Hot Weather

<p></p> <p>The U.S. Department of Energy (DOE) issued an emergency order on July 2, 2026, authorizing Duke Energy to temporarily override environmental regulations and maximize power output from specified units in the Carolinas. This measure, effective until July 6, 2026, aims to stabilize the regional grid and prevent blackouts amidst unusually high temperatures and burgeoning electricity demand. The decision underscores critical debates around energy reliability, the flexibility of regulatory frameworks, and the foundational role of the mining industry in securing essential power infrastructure.</p> <p>

Read More →