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Evolution Mining to acquire Carnaby Resources for $149m

Evolution Mining to acquire Carnaby Resources for $149m

Evolution Mining has announced a binding agreement, dated July 27, 2026, to acquire Carnaby Resources for approximately A$213 million ($149 million) through a scheme of arrangement. This strategic move is set to integrate Carnaby’s Greater Duchess copper-gold project into Evolution’s Ernest Henry operations in north-west Queensland, aiming to boost copper output by an estimated 10,000 tonnes per annum using existing infrastructure. The acquisition underscores Evolution's commitment to consolidating its presence in the highly prospective Cloncurry region and leveraging in-situ processing capabilities.

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Makenita expands Sisson West Tungsten Project to 22,665 acres

Makenita expands Sisson West Tungsten Project to 22,665 acres

<p></p> <p>Makenita Resources announced on July 27, 2026, a substantial expansion of its Sisson West Tungsten Project in New Brunswick, Canada, increasing its land position from 9,845 acres to 22,665 contiguous acres. This strategic move, driven by promising results from a 2026 airborne magnetic survey, positions Makenita directly adjacent to Northcliff Resources' federally designated "nation-building" Sisson Tungsten Mine. The company is now preparing to design a drilling program, signalling an active exploration period ahead for a project that could significantly contribute to North America's critical mineral supply.</p> <p>

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Energy Secretary Secures Grid Across 17 States Amid Period of Hot Weather

Energy Secretary Secures Grid Across 17 States Amid Period of Hot Weather

The U.S. Department of Energy, under Secretary Chris Wright, issued an emergency order on July 26, 2026, directing the Southwest Power Pool to dispatch backup generation across 17 states to prevent blackouts during hot weather conditions. This move, framed as reversing previous administration policies, highlights the critical importance of grid stability and reliable energy supply, impacting industries like mining that rely heavily on continuous power. The order, effective until August 3, 2026, underscores a national focus on energy security and the significant economic costs associated with power outages.

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Indonesia’s nickel challenge shifts from mining to processing

Indonesia’s nickel challenge shifts from mining to processing

As of July 2026, Indonesia, the dominant force in global nickel supply, faces a pivotal challenge shifting from raw material extraction to advanced processing. According to analysis by GlobalData's Prasanna Lakshmi and <em>Mining Technology</em> editor Alejandro Gonzalez, the future growth and sustainability of Indonesia's nickel sector hinge critically on developing cheaper, cleaner, and more efficient methods for processing its abundant laterite ores. This strategic pivot is essential for the nation to maintain its market leadership and meet burgeoning global demand, particularly for electric vehicle battery materials.

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VBX signs bauxite offtake agreement with Chinese group

VBX signs bauxite offtake agreement with Chinese group

<p></p> <p>VBX has signed a significant bauxite offtake and investment framework agreement with a Hong Kong unit of a Chinese aluminium industry group, focusing initially on the Wuudagu bauxite project in Western Australia. The agreement outlines intentions for the Chinese Group to potentially invest in the project's development and operation, alongside committing to purchase between two and three million tonnes of bauxite annually. This strategic partnership underscores the growing importance of securing high-quality bauxite resources for the global aluminium industry.</p> <p>

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DOE and DOL Partner to Advance Mining Innovation and Safety

DOE and DOL Partner to Advance Mining Innovation and Safety

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.

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MaxMine introduces AI-powered tools to boost mine operator productivity

MaxMine introduces AI-powered tools to boost mine operator productivity

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.

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

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

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.

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

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

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.

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Enervoxa eyes rare earth processing project in India

Enervoxa eyes rare earth processing project in India

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.

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