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Adelayde signs drill contract for Clayton Ridge gold project

2026-07-26

Adelayde Exploration has initiated its first drilling campaign at the Clayton Ridge Gold Project in Esmeralda County, Nevada, following the signing of a contract with Titan Drilling. This program is fully funded, part of a broader strategy supported by secured capital through the second half of 2026, enabling Adelayde to advance a diverse portfolio of gold, lithium, antimony, and tungsten projects across Nevada and New Brunswick, Canada. The move underscores the company's commitment to exploring high-potential assets and securing critical mineral resources for North America.

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DOE and DOL Partner to Advance Mining Innovation and Safety

2026-07-26

The U.S. Department of Energy (DOE) and the U.S. Department of Labor (DOL) have formalized a five-year Memorandum of Understanding (MOU) on July 21, 2026, aimed at accelerating the integration of advanced technologies like artificial intelligence, automation, and advanced sensors across the U.S. mining sector. This strategic partnership is designed to enhance worker safety, boost productivity, and secure domestic critical mineral production, aligning with the Trump Administration's objectives to strengthen supply chains and support American energy dominance. The collaboration will leverage DOE's technological expertise and DOL's mine safety leadership to drive innovation and workforce development within a critical national industry.

MaxMine introduces AI-powered tools to boost mine operator productivity

2026-07-26

MaxMine, a leading provider of mining fleet management solutions, has unveiled a significant expansion of its offerings, introducing new AI-powered business intelligence tools and decision support systems to enhance mine operator productivity. This strategic move is bolstered by a key partnership with Swedish machine control provider L5 Navigation, enabling the integration of high-precision GPS technology for real-time machine guidance and location tracking, a development poised to further digitize and optimize mining operations globally. The company aims to capitalize on a mining fleet management sector projected to exceed $70 billion by 2030, reinforcing the industry's drive towards greater operational visibility, efficiency, and safety.

USA Rare Earth to acquire 13.6% minority stake in France’s Carester

2026-07-26

USA Rare Earth has announced a strategic acquisition of a 13.6% minority stake in Carester, a French rare earth processing specialist, alongside InfraVia's Critical Metals Fund. This investment, set to close in Q3 2026, grants USA Rare Earth output from Carester's Caremag facility in France, anticipated to produce critical heavy rare earth oxides, and leverages Carester's expertise to strengthen Western rare earth supply chains. The move underscores USA Rare Earth's aggressive strategy to build a fully integrated "mine-to-magnet" value chain, reducing reliance on traditional supply channels.

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

2026-07-25

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.

Enervoxa eyes rare earth processing project in India

2026-07-25

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.

Global silver output is expected to remain broadly stable in 2026

2026-07-25

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.

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

2026-07-24

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.

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

2026-07-24

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.

Sun Silver to acquire Bayan Springs North Project in Nevada

2026-07-24

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.

United States and Saudi Arabia Reach Historic Nuclear Cooperation Agreement

2026-07-23

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.