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Masan looks to foreign investors with tungsten mine growth

Masan looks to foreign investors with tungsten mine growth

<p><strong></strong></p> <p>Masan High-Tech Materials (MHT), Vietnam's leading producer, has unveiled plans to significantly expand its Nui Phao mine and Nui Chiem site, potentially adding 115 million tonnes of tungsten-polymetallic resources and extending operations for decades. This strategic move, announced amidst global demand for critical minerals and tightening non-China supply, is closely linked with Masan Group's efforts to attract international investors through a potential stake sale and aims to bolster Vietnam's position in the global tungsten market while enhancing MHT's corporate profile.</p> <p><strong>

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Generation Mining secures $141m loan for Marathon project

Generation Mining secures $141m loan for Marathon project

Generation Mining has secured a significant C$200 million ($141 million) debt commitment from the Canada Infrastructure Bank (CIB) for its Marathon Copper-Palladium Project in north-western Ontario. This funding, comprising a C$110 million subordinated debt facility and a C$90 million standby facility, is a crucial component of the project's C$969 million financing plan, underscoring its strategic importance as Canada's first CIB critical minerals investment in Ontario. The project aims to become a key North American producer of copper and palladium, vital metals for the global energy transition, with construction anticipated to commence in the latter half of 2026.

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enCore Energy gets BLM approval for Dewey Burdock infrastructure

enCore Energy gets BLM approval for Dewey Burdock infrastructure

enCore Energy has received final approval from the Bureau of Land Management (BLM) for initial infrastructure construction at its 100%-owned Dewey Burdock Uranium in-situ recovery (ISR) project in South Dakota. This significant milestone, following a thorough Environmental Assessment, allows for the development of essential access roads, four groundwater monitoring wells, and power lines across approximately 240 acres of public land. The project, utilizing environmentally sensitive ISR methods, is integrated into the federal "Fast 41 programme" to expedite critical mineral development, underscoring its strategic importance for bolstering domestic US uranium production.

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Silver Storm secures permits for La Parrilla mine drilling

Silver Storm secures permits for La Parrilla mine drilling

Silver Storm Mining has recently secured crucial drilling and operational permits from Mexico's federal agency SEMARNAT for its wholly owned La Parrilla Silver Mine Complex in Durango State. These approvals enable an extensive 2026 exploration program targeting resource expansion and upgrades at the C340 and 14 Marcos areas, involving approximately 6,600 meters of surface drilling. Additionally, the company received a ten-year extension for its tailings storage facility, a vital permit ensuring the continued environmental compliance and operational stability of the past-producing asset.

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The Department of Energy Applauds FERC’s Action on Large Load Interconnection Reform

The Department of Energy Applauds FERC’s Action on Large Load Interconnection Reform

The U.S. Department of Energy (DOE) has lauded the Federal Energy Regulatory Commission's (FERC) recent directive, issued on June 18, 2026, compelling the six regional grid operators to reform or justify their interconnection tariffs for data centers and other large energy users. This significant action, initiated at the direction of U.S. Secretary of Energy Chris Wright, aims to accelerate the provision of power essential for American innovation, national security, and economic growth, while safeguarding ratepayers against unjust cost shifts. For the mining industry, a major electricity consumer, these reforms promise swifter project development, more predictable operating costs, and enhanced energy reliability crucial for meeting escalating domestic and global mineral demands.

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Nuclear energy hiring is slowing in North America – but leaders can see where capacity and risk are shifting

Nuclear energy hiring is slowing in North America – but leaders can see where capacity and risk are shifting

<p></p> <p>While North America's nuclear energy sector appears to be experiencing a headline slowdown in overall hiring, detailed workforce analytics reveal a nuanced picture where pure-play nuclear operators are strategically expanding their capacity. Data from June 2025 to May 2026 indicates a shift from broad sector growth to a more focused build-out among companies with significant nuclear exposure, while services and engineering firms are retracting. This targeted expansion, particularly evident in operational and compliance-related roles, holds significant implications for the long-term demand for uranium and the broader mining industry.</p> <p>

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BHP raises Jansen stage two cost estimate to $6.9bn after review

BHP raises Jansen stage two cost estimate to $6.9bn after review

BHP has significantly revised its investment estimate for Stage Two of the Jansen potash project in Canada, increasing it by $2 billion to $6.9 billion, a substantial jump from the initial $4.9 billion forecast. This cost escalation is accompanied by a two-year delay, pushing the expected first production from this stage to late financial year 2031, with the company attributing the changes to higher construction hours, material quantities, and inflationary pressures identified during a detailed review. Despite these adjustments, BHP maintains its long-term output forecast for Jansen and underscores the project's strategic importance in diversifying its portfolio into future-facing commodities.

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Trump Administration Keeps Indiana Coal Plants Open to Ensure Grid Reliability and Minimize Electricity Costs

Trump Administration Keeps Indiana Coal Plants Open to Ensure Grid Reliability and Minimize Electricity Costs

The U.S. Department of Energy has issued emergency orders to keep two critical Indiana coal plants, R.M. Schahfer and F.B. Culley generating stations, operational from June 22, 2026, through September 19, 2026. This directive, following initial orders from December 23, 2025, aims to ensure grid reliability, minimize electricity costs, and prevent blackouts in the Midwest, highlighting persistent concerns over escalating energy demand and the rapid retirement of baseload power generation. The decision underscores a broader Trump Administration effort to preserve coal-fired capacity nationally, impacting energy policy, grid stability, and offering a critical, albeit temporary, lifeline to the coal mining sector.

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Goldman cuts gold price forecast down to $4,900

Goldman cuts gold price forecast down to $4,900

<p></p> <p>Goldman Sachs has significantly revised down its gold price forecast for the end of 2026 to $4,900 per ounce, a $500 reduction from its previous $5,400 target. This adjustment reflects a heightened probability of the US Federal Reserve implementing interest rate hikes rather than cuts, a hawkish shift underscored by new Chair Kevin Warsh's recent policy pronouncements. The revision, coming amidst a substantial decline in gold prices from their January highs, signals a potentially more challenging environment for the non-yielding precious metal, with crucial implications for mining companies and investors navigating increased market volatility.</p> <p>

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Newmont’s Red Chris underground expansion gets regulatory green light

Newmont’s Red Chris underground expansion gets regulatory green light

Newmont's Red Chris mine in British Columbia has secured crucial regulatory approvals for its transition from open-pit to underground block caving operations, extending its projected lifespan into the mid-2040s. This significant milestone, achieved through a consent-based process with the Tahltan Nation, paves the way for a final investment decision later this year and underscores the project's substantial economic benefits, job creation, and strategic importance for Newmont's global portfolio and Canada's copper production.

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