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Cornish Metals advances underground works at South Crofty tin project

2026-06-11

Cornish Metals is making significant strides in the revitalization of its historic South Crofty tin project in Cornwall, UK. The company reported substantial advancement in underground works, including strategic dewatering at the New Cook’s Kitchen (NCK) shaft, progress in critical infrastructure development at multiple levels, and the commencement of refurbishment activities at the Roskear shaft. These operational milestones, coupled with favorable tin prices around $53,000/t and a robust projected Net Present Value of approximately £500 million ($669.35 million), underscore the project's growing economic potential and its importance for future tin supply.

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FACT SHEET: The Energy Department is Unleashing Beautiful, Clean Coal

2026-06-11

The U.S. Energy Department, under the Trump Administration, announced on June 4, 2026, a significant expansion of its efforts to support and revitalize the American coal industry. This initiative, highlighted by a commitment to save or support an additional 17 coal plants and one export facility, builds on previous actions that have already impacted 45 coal plants and more than 40 gigawatts of coal power, aiming to enhance grid reliability, national security, and support American coal workers. The comprehensive strategy includes substantial investments in building, modernizing, and recommissioning coal-fired power plants, alongside bolstering domestic coal supply chains through Defense Production Act funding, with a claimed total of $50 billion in saved generation costs and the likely continued operation of at least 42 coal mines.

Fulcrum EnviroTech, TDI sign deal on mine waste pilot plant

2026-06-11

Fulcrum EnviroTech, a subsidiary of Fulcrum Metals, has partnered with Test Design Implement Solutions (TDI) to establish a pilot plant in Ontario, Canada, focused on recovering precious and critical metals from historic mine waste using innovative cyanide-free technology. This initiative, supported by Extrakt Process Solutions and Bechtel Energy Technologies & Solutions, represents a significant step towards commercializing sustainable value extraction from legacy mining sites, beginning with material from Fulcrum’s Teck-Hughes project. The 2.4-tonnes-per-day facility aims to gather crucial operational and metallurgical data, paving the way for broader application across Ontario’s resource-rich regions.

Austin Metals starts RC drilling at gold project in WA

2026-06-11

Austin Metals has initiated a significant 4,000m reverse circulation (RC) drilling campaign at its 111km² Austin Gold Project in Western Australia's Murchison region. Commencing in June 2026, the program targets high-priority gold prospects within the Northern Zone, specifically focusing on the Brunswick Hill and Mt Sandy areas, seeking to delineate and extend mineralisation in BIF-hosted and shear-related gold systems. The results, expected within four to six weeks post-drilling, are crucial for updating geological models and guiding future exploration efforts at this emerging regional gold play.

Energy Department Releases Finalized Fusion Science and Technology Roadmap to Accelerate Commercial Fusion Power

2026-06-10

The U.S. Department of Energy (DOE) officially released its finalized Fusion Science and Technology (FS&T) Roadmap on June 9, 2026, outlining a comprehensive national strategy to accelerate the commercialization of fusion energy by the mid-2030s. This initiative, built on extensive public-private collaboration, aims to establish U.S. leadership in fusion by focusing on infrastructure, advanced research, and ecosystem development, with profound implications for critical mineral supply chains and broader energy transition goals within the mining industry.

Larvotto signs seven-year Hillgrove gold offtake deal with Glencore

2026-06-10

Larvotto Resources has secured a significant seven-year binding offtake agreement with Glencore for gold concentrate from its Hillgrove Antimony-Gold Project in New South Wales, Australia. This deal, covering approximately 15,000 dry tonnes per annum of concentrate, is structured on a mine-gate basis, with Glencore managing logistics. Scheduled for commissioning in August 2026, the project has now fully de-risked its primary revenue streams, following an earlier antimony offtake with Wogen Resources, providing crucial certainty for its transition into operations.

Red Mountain identifies outcropping garnet skarn at Montana site

2026-06-10

Red Mountain Mining has confirmed visible garnet skarn exposures at its Greenstone and Mammoth prospects within the Pioneer Tungsten Project in Montana, following its strategic acquisition of 100% project ownership. The discovery, supported by magnetic modelling suggesting subsurface mineralisation, positions the company to potentially expand tungsten resources in a historically rich district. With initial rock chip sample results expected by late June, Red Mountain is poised for follow-up drill testing, marking a significant step in developing a domestic tungsten supply.

United States and Japan Announce Historic $1 Billion Partnership Under President Trump’s Genesis Mission

2026-06-09

The United States and Japan have forged a landmark $1 billion strategic partnership under President Trump’s Genesis Mission, announced on June 4, 2026. This collaboration, making Japan the first international partner in the Genesis Mission, will see eleven joint scientific teams from leading U.S. and Japanese institutions tackle advancements in quantum information science, fusion energy, biotechnology, advanced materials, particle physics, and autonomous laboratory systems, with significant implications for the future of global science and industrial innovation, including the mining sector. The five-year investment, with $500 million from each nation, aims to accelerate discovery by harnessing AI and advanced computing, redefining scientific research for generations to come.

ABTC wins back $115m DoE grant for Tonopah Lithium refinery

2026-06-09

The American Battery Technology Company (ABTC) has successfully secured the reinstatement of a substantial $115 million grant from the U.S. Department of Energy (DoE), earmarked for the first phase of its commercial-scale lithium refinery at the Tonopah Flats Lithium Project in Nevada. This critical funding, initially terminated in October 2025, was restored following a successful appeal and rigorous review process, underscoring continued federal commitment to developing domestic battery-grade lithium production from claystone resources. The refinery is designed to produce 5,000 tonnes per annum of battery-grade lithium hydroxide, a cornerstone material for the burgeoning electric vehicle and energy storage sectors.

Scorpio Gold drills 1.27g/t gold over 45.23m at Goldwedge target

2026-06-09

Scorpio Gold has announced encouraging assay results from its Phase Two diamond drilling program at the Manhattan District Project in Nevada, highlighted by an intercept of 1.27 grams per tonne (g/t) gold over 45.23 meters in hole 26MN-086 at the Goldwedge target. These results, part of a broader 92-hole, 25,919-meter program, signal potential for significant volcanic-hosted gold mineralization beyond current resource estimates, drawing comparisons to large-scale systems like the nearby Round Mountain. The ongoing exploration, including a review of historic core, aims to define new mineralized zones and expand the project's economic viability in one of the world's premier gold mining jurisdictions.

Energy Department to Invest $350 Million to Build, Modernize, and Restart Coal Plants

2026-06-08

The U.S. Department of Energy (DOE) announced on June 4, 2026, the allocation of $350 million across four coal modernization and reliability projects, part of a larger $525 million initiative. These projects, located in Alaska, West Virginia, Puerto Rico, and Maryland, are projected to add or preserve approximately 3,565 megawatts (MW) of coal-fired generation capacity. This federal investment aims to strengthen baseload power generation, enhance grid reliability, and support the domestic coal industry, aligning with the administration's focus on energy security and affordability.