Loading commodity prices...

Latest Articles

Recent Articles

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

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

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.

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

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

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.

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

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

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.

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

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

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.

Read More →
Jaguar gains approval for La Rosada in Argentina

Jaguar gains approval for La Rosada in Argentina

Jaguar Uranium has secured crucial environmental approval for exploration activities at its La Rosada prospect in Argentina’s Chubut Province, a significant step forward for its flagship Laguna Salada uranium and vanadium project. This permit authorizes work across 59,895.3 hectares, representing the largest single exploration area approved within the 230,000-hectare project to date. The approval positions Jaguar to commence fieldwork following the winter season, applying systematic geochemical sampling, geological mapping, and advanced geophysical surveys to identify potential deep fluvial paleochannels.

Read More →
Mesabi plans $18bn investment to combine iron ore mine and steel complex

Mesabi plans $18bn investment to combine iron ore mine and steel complex

Mesabi Metallics, backed by Essar Group, has announced an ambitious $18 billion investment to establish a fully integrated iron ore mine and steel complex spanning Minnesota and Iowa. This landmark project, unveiled at the White House, aims to create over 8,000 jobs and forge a robust, domestic steel supply chain using advanced, lower-emission production technologies. It represents a significant commitment to bolstering American manufacturing and resource independence.

Read More →
Troilus secures $850m credit-approved debt commitments

Troilus secures $850m credit-approved debt commitments

Troilus Mining has secured an $850 million (C$1.21 billion) credit-approved debt commitment from KfW IPEX-Bank and Société Générale, a critical step towards fully funding its Troilus Gold-Copper Project in Québec, Canada. This commitment forms the core of a planned $1.1 billion total debt package, which includes a proposed $250 million from Export Development Canada, subject to final internal approvals. The financing features a three-year repayment grace period during construction and a ten-year, cash flow-aligned amortization, signaling a significant de-risking for the project and a milestone for the company.

Read More →
Energy Department Advances U.S. Energy Priorities at G20 Energy Abundance Ministerial

Energy Department Advances U.S. Energy Priorities at G20 Energy Abundance Ministerial

The U.S. Department of Energy, in collaboration with the White House National Energy Dominance Council and other key agencies, hosted the G20 Energy Abundance Ministerial in Houston, Texas, from September 14-16, 2026. This pivotal event centered G20 discussions on ensuring affordable, reliable, and secure energy through the affirmation of hydrocarbons, nuclear power, and advanced technologies, resulting in consensus on crucial areas including energy access, supply chain security, and infrastructure development. The ministerial also saw significant private sector investment announcements, underscoring a strategic shift towards diversified and robust global energy frameworks with direct implications for the mining sector's role in providing essential raw materials.

Read More →
Barrick signs new agreement with unions at Mali gold complex

Barrick signs new agreement with unions at Mali gold complex

Barrick Mining has successfully negotiated a collective bargaining agreement with unions at its pivotal Loulo-Gounkoto gold complex in western Mali, averting significant industrial action. This landmark agreement not only resolves demands from mine workers but also led to the withdrawal of separate strike notices from a Barrick contractor and Malian mining administration agencies, signaling a crucial step towards labor stability in a key African gold-producing nation. The resolution underscores Barrick's commitment to navigating complex operational environments and maintaining consistent production from one of its core assets.

Read More →
Montage Gold delivers first gold pour at Koné mine

Montage Gold delivers first gold pour at Koné mine

Montage Gold has announced the successful first gold pour at its Koné mine in Côte d’Ivoire, achieving this significant operational milestone ahead of its initial target date of the second quarter of 2027 and within budget. The project, which has processed over 400,000 tonnes of ore to yield approximately 1,140 ounces of gold, is set to ramp up its oxide circuit to commercial production by the end of 2026, while concurrently advancing the construction of its hard-rock comminution circuit. This early production, alongside substantial resource increases and robust local employment initiatives, positions Koné as a rapidly developing asset in West Africa's burgeoning gold sector.

Read More →