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GoldMining starts exploration drilling at Colombia’s Yarumalito project

2026-05-27

GoldMining Inc. has commenced a significant exploration drilling program at its wholly owned Yarumalito Gold-Copper Project in Colombia's prolific Mid Cauca belt. This fully funded initiative, comprising approximately 1,200 meters of diamond drilling, aims to build upon previous geological work and target underexplored sections of the P-1 porphyry unit, which holds strong potential for gold-copper mineralization. The program marks GoldMining's second active exploration effort in the Americas for 2026, underscoring its commitment to advancing large-scale gold-copper systems within strategic jurisdictions.

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Recent Articles

Victory Metals gains access to US DIBC

2026-05-27

Australian-listed miner Victory Metals has been granted membership in the US Defense Industrial Base Consortium (DIBC), effective May 26, 2026. This approval provides the company direct access to US Department of Defense funding, prime contractors, and critical minerals procurement systems. The move highlights Victory Metals' North Stanmore project, which possesses a unique profile of rare earth elements and strategic minerals vital for national security and currently subject to Chinese export restrictions.

Decarbonising mining: solar lights the way for electrification

2026-05-27

The global mining industry is rapidly adopting renewable energy, particularly solar power, as a foundational step towards comprehensive decarbonization and electrification. While complete decarbonization remains a long-term goal, current strategies prioritize market-ready renewable solutions due to their decreasing costs and immediate environmental benefits. This article details how solar is emerging as the dominant renewable power source in new mine developments and on-site generation, supported by transitional fuels like natural gas, and highlights key industry players driving this critical energy transition.

China’s rare earth grip persists despite Trump-Xi summit, BMI says

2026-05-26

Despite the recent May 2026 summit between US President Donald Trump and China's President Xi Jinping, China's dominant position in the global rare earth supply chain is expected to persist, according to Fitch Group's BMI. While the US sought assurances on critical mineral supplies, no formal agreements emerged, leaving a one-year suspension of some Chinese export restrictions set to expire in November 2026. This ongoing uncertainty underscores the urgency of US-led initiatives to build resilient domestic and international rare earth supply chains, as shortages of heavy rare earths like yttrium continue to impact key industries.

Fortescue begins construction on 690MW solar farm in Pilbara

2026-05-26

Fortescue has commenced construction on the 690MW Turner River solar farm and a 650MWh battery energy storage system at its Cloudbreak mine in Australia's Pilbara, marking a significant step in its "Real Zero" decarbonization initiative. These projects, alongside an aggressive fleet electrification program and extensive transmission network development, underscore the iron ore major's commitment to powering its operations entirely with renewable energy by 2028, setting a precedent for the global mining industry.

Energy Secretary Keeps Critical Generation Online in Mid-Atlantic

2026-05-25

The U.S. Department of Energy has issued a critical emergency order ensuring the continued operation of Units 3 and 4 of the Eddystone Generating Station in Pennsylvania, a natural gas and oil-fired facility, from May 25 to August 22, 2026. This mandate, the latest in a series of interventions since May 2025, aims to mitigate blackout risks and maintain grid stability in the Mid-Atlantic PJM region, highlighting the ongoing challenges of balancing generator retirements with rising electricity demand, a situation with significant implications for energy-intensive sectors like mining.

MAX Power secures $18M from Sprott in boost to plans for Canadian hydrogen

2026-05-25

MAX Power Mining has secured a significant C$25 million ($18 million) investment from prominent mining investor Eric Sprott, bolstering its efforts to accelerate the commercial validation of Canada’s first natural hydrogen system at its Lawson project in Saskatchewan. This capital injection is set to fund an expanded multi-well drilling program targeting high-priority areas identified through 3D seismic data, with the aim of confirming what the company believes could be the world’s inaugural large-scale commercial natural hydrogen discovery, alongside substantial helium potential. The development positions Saskatchewan to potentially emerge as a crucial hub for this nascent primary energy source, signaling a pivotal moment for both MAX Power and Canada's clean energy ambitions.

Canadian steel sector faces deeper pain than aluminum as tariff uncertainty clouds outlook

2026-05-25

Canada's steel industry is confronting a significantly deeper and more protracted challenge from U.S. tariffs compared to its aluminum counterpart, with monthly export revenues estimated to be $500 million lower than pre-tariff levels. While federal support offers immediate liquidity, deemed a "short-term solution" by PwC Canada's Gemma Stanton-Hagan, the sector grapples with global oversupply and an inability to diversify away from its historically dominant U.S. market, signaling a potential long-term restructuring of North American trade dynamics.

Secretary Wright Announces Leadership Changes to Deliver Affordable, Reliable and Secure Energy to the American People

2026-05-24

The U.S. Department of Energy (DOE) has announced significant leadership changes, with Kyle Haustveit confirmed as Under Secretary of Energy and Alex Fitzsimmons appointed as Associate Deputy Secretary and Senior Advisor to Secretary Chris Wright. These appointments, occurring on May 22, 2026, signal a potential continued emphasis on domestic energy production, including hydrocarbons and geothermal, aligning with President Trump’s energy agenda and holding substantial implications for the U.S. mining sector, particularly coal and critical minerals.

Banana waste finds new role in Australian mining blast operations

2026-05-24

Papyrus Australia has successfully pioneered a novel approach to sustainable mining by converting discarded banana plantation waste into biodegradable blast collars for open-cut operations. This innovation, highlighted by a A$4.2 million supply deal with TBS Mining Solutions, offers a compelling circular economy solution, addressing both agricultural waste challenges and the mining industry's demand for environmentally responsible consumables. The initiative aims to reduce methane emissions from decaying biomass while providing an effective, eco-friendly alternative for critical blasting operations.

Tungsten West secures $25m loan for Hemerdon mine restart

2026-05-24

In a significant development for the European critical minerals sector, Tungsten West has secured a $25 million bridging loan to propel the phased restart of its Hemerdon tungsten and tin mine in Devon, UK. This financial injection, provided by an entity controlled by substantial shareholder Gregory Coffey, is designed to maintain the project's rapid development pace, with fines gravity processing slated to commence in Q3 2026. The company is concurrently progressing towards finalising a larger $85 million debt package, which will ultimately repay the bridging loan and fully fund the mine's restart to a targeted capacity of 500 tonnes per hour by Q1 2027.