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Soma Gold wins approval to triple Aurora Mine output in Colombia

2026-07-27

Soma Gold has secured critical regulatory approval from Colombia’s Agencia Nacional de Mineria (ANM) to significantly expand gold production at its Aurora Mine, tripling output capacity from 25 tonnes per day (tpd) to 75 tpd. This strategic development, effective immediately, is anticipated to boost initial production to 30-40 tpd at an average grade of 4.5 grams per tonne (g/t) within weeks, aligning with Soma Gold's ambitious 2026 operational plan. The expansion at Aurora is complemented by parallel advancements across the company's other key Colombian assets, including the imminent restart of mining at El Limón and sustained progress at Escondida, signaling a robust growth phase for the Canadian-based gold producer in a pivotal Latin American jurisdiction.

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Recent Articles

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

2026-07-27

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.

Indonesia’s nickel challenge shifts from mining to processing

2026-07-27

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 Mining Technology 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.

VBX signs bauxite offtake agreement with Chinese group

2026-07-27

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.

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.