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Wildsky signs LoI for Zimbabwe’s NewRidge Gold Project

2026-10-05

Canadian exploration firm Wildsky Resources has signed a binding Letter of Intent (LoI) to acquire a full interest in the NewRidge Gold Project in Zimbabwe's Manicaland Province, along with an option for three adjacent mining claims. This strategic move, announced on October 5, 2026, positions Wildsky within the geologically prospective Odzi-Mutare-Manica greenstone belt, enhancing its African mineral portfolio and signaling continued investment interest in Zimbabwe's gold sector. The transaction involves significant cash payments and share issuances to Golden Cube Mining, the current holder, contingent on due diligence and regulatory approvals.

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Glencore secures approval for MARA project in Argentina

2026-10-05

Glencore has secured a pivotal approval for its Minera Agua Rica – Alumbrera (MARA) project in Argentina under the nation's new Incentive Regime for Large Investments (RIGI). This strategic development, announced on October 5, 2026, accelerates the timeline for first copper production from the Alumbrera mine restart to the second half of 2027, underpinning Argentina's ambition to become a leading global copper producer and signaling renewed confidence in its investment climate for major mining ventures. The MARA project is poised to deliver over 200,000 tonnes per annum of copper in concentrate for its initial decade of operation, leveraging existing infrastructure and fostering significant regional employment.

PMET and Matagami sign LoI for spodumene rail trans-shipment

2026-10-05

PMET Resources and the City of Matagami, Québec, have signed a Letter of Intent (LoI) on October 5, 2026, to establish a critical spodumene concentrate trans-shipment facility. This agreement is a pivotal step for PMET's wholly-owned Shaakichiuwaanaan Project, outlining a logistics plan that involves trucking concentrate to Matagami for onward rail transport to port, significantly advancing the project's infrastructure development and de-risking its path towards a final investment decision. The collaboration underscores Québec's growing importance in the North American critical minerals supply chain, particularly for electric vehicle battery components.

Epiroc secures order from Sibanye-Stillwater for South African mine

2026-10-03

Epiroc has secured a significant order from Sibanye-Stillwater to supply advanced underground mining equipment for the Siphumelele platinum shaft in Rustenburg, South Africa. This strategic investment, featuring low-profile loaders and versatile utility vehicles, is a cornerstone of Sibanye-Stillwater's initiative to mechanise operations, aiming to enhance safety, boost productivity, and extend the mine's operational lifespan. The agreement underscores a critical industry trend towards modernised mining techniques in challenging narrow-vein environments, reflecting a commitment to sustainable resource extraction and operational efficiency.

Energy Department Announces Up to $400 Million for Basic Research to Advance the Frontiers of Science

2026-10-02

The U.S. Department of Energy announced on October 1, 2026, an annual funding opportunity of up to $400 million for basic scientific research, aligned with President Trump’s Executive Order “Restoring Gold Standard Science.” This significant investment, aimed at strengthening America’s scientific and technological leadership across multiple disciplines, holds profound, albeit often indirect, implications for the mining industry. By fostering breakthroughs in areas such as advanced computing, materials science, and isotope research, this funding is poised to drive future innovations that will enhance operational efficiency, sustainability, and resource security within the global mining sector.

Bell Bay Aluminium to continue operations until 2031

2026-10-02

Rio Tinto's Bell Bay Aluminium smelter in northern Tasmania has secured its operational future until at least December 31, 2031, through a landmark agreement with the Australian and Tasmanian governments. This extension, supported by ongoing energy provision from Hydro Tasmania and additional government assistance, aims to bolster the smelter's competitiveness and preserve 550 direct jobs. The agreement arrives as Rio Tinto navigates complex environmental and social challenges, highlighted by a significant legal claim against its QIT Madagascar Minerals operation.

ACDC Metals gains BLM permits for Mount Jackson drill campaign

2026-10-02

ACDC Metals has secured vital environmental permitting approval from the US Bureau of Land Management (BLM) for its Mount Jackson gold-silver project in Nevada, paving the way for a maiden drilling campaign and a geophysical survey. This significant milestone, announced on October 1, 2026, allows the company to proceed with a 12 line-kilometre controlled source audio magnetotellurics (CSAMT) survey in October 2026 and up to 2,500 meters of reverse circulation (RC) drilling targeting the Pegasus and 3 Shaft zones in Q4 2026. The project, located in the geologically rich Walker Lane mineral belt, aims to build upon historical mineralization results and validate the understanding of the precious metals system.

Yancoal closes $1.85bn deal for 80% stake in Kestrel Coal Mine

2026-10-01

Yancoal Australia has finalized a significant $1.85 billion acquisition for an 80% interest in Queensland’s Kestrel Coal Mine, a premier metallurgical coal asset. This strategic move, which could see the total transaction value rise to $2.4 billion, bolsters Yancoal's presence in the Bowen Basin, diversifies its product mix with premium coking coal, and is expected to increase its pro forma metallurgical coal production share to 22%. The long-life Kestrel mine, with substantial reserves, is poised to enhance Yancoal's shareholder value and reinforce its standing as a leading Australian coal producer.

Solar, wind and tidal for renewable fuels: what the research says

2026-10-01

As global industries intensify their decarbonization efforts, particularly in hard-to-abate sectors like heavy transport and industrial processes, research into low-carbon fuels derived from renewable energy sources is gaining critical momentum. This article explores cutting-edge innovations across solar, wind, and tidal energy, focusing on their potential to produce green hydrogen, ethanol, and synthetic fuels without relying on fossil fuels or traditional electrolyzers. We delve into the work of leading researchers and facilities, examining the technical advancements, economic implications, and strategic importance of these developments for the mining sector's sustainability journey.

The United States Energy Department Continues Execution of Strategic Reserve Release Commitments

2026-09-30

The U.S. Department of Energy (DOE) announced on September 29, 2026, a Request for Proposal for an exchange of up to 40 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). This action is part of the ongoing U.S. commitment to stabilize global oil markets and contribute to the 400-million-barrel release coordinated by the International Energy Agency. The exchange mechanism, which requires participating companies to return more oil than they borrow, simultaneously bolsters immediate supply and strengthens the SPR's long-term inventory without taxpayer expense.

Hertha Metals raises $133m to build iron plant in US

2026-09-30

Hertha Metals has secured $133.65 million in Series A funding, including a substantial $65 million equity investment from the US Government, to construct a pioneering high-purity iron plant in the United States. This facility, named Hertha Chalyx, will utilize the company's innovative Flex-HERS process to produce 10,000 tonnes of magnet-grade and steel-grade iron annually, critically addressing the nation's reliance on imported materials for rare-earth magnets essential to defense and technology sectors. The project aims to establish a robust domestic supply chain, promising reduced production costs and significantly lower emissions compared to traditional blast furnace methods.