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Energy Department Announces Virginia and West Virginia Transmission Project to Receive Defense Production Act Funding, Strengthening National Security and Grid Reliability

Energy Department Announces Virginia and West Virginia Transmission Project to Receive Defense Production Act Funding, Strengthening National Security and Grid Reliability

The U.S. Department of Energy announced on October 16, 2026, its intent to allocate up to $50 million in Defense Production Act (DPA) funding to accelerate transmission capacity expansion in Virginia and West Virginia. This initiative, led by Virginia Energy in coordination with Appalachian Power and Potomac Edison, aims to deploy advanced reconductoring and Dynamic Line Rating technologies, adding an estimated 290 megawatts of capacity up to four years faster than conventional methods. The project is critical for strengthening grid reliability, lowering energy costs, and supporting national defense, with significant implications for energy-intensive sectors like mining.

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Mining finance rises 55% as biodiversity report flags risks

Mining finance rises 55% as biodiversity report flags risks

A recent report reveals that bank financing for mining operations in tropical forest regions surged by 55% between 2016 and 2025, reaching $36.7 billion last year. This significant increase, detailed in the "Banking on Biodiversity Collapse 2026" report by the Forests & Finance coalition, raises critical concerns regarding biodiversity risks, waste management practices, and the need for enhanced environmental safeguards and supply-chain transparency across the global mining sector. The findings underscore a growing tension between the demand for critical minerals and the imperative for responsible development in ecologically sensitive areas.

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CoTec, BMR plan partnership to boost Punitaqui copper production

CoTec, BMR plan partnership to boost Punitaqui copper production

CoTec and Battery Mineral Resources (BMR) have entered a non-binding framework agreement to explore a strategic economic joint venture aimed at significantly increasing copper production at BMR’s Punitaqui mining district in Chile. This proposed partnership seeks to leverage CoTec’s expertise in advanced processing technologies to recover copper from lower-grade sulphides and existing mine tailings, combining it with Punitaqui's established infrastructure and resources. The collaboration underscores a growing industry trend towards optimizing resource utilization and extending mine life from previously uneconomic materials.

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Blue Lagoon confirms first finalised gold output from Dome Mountain

Blue Lagoon confirms first finalised gold output from Dome Mountain

Blue Lagoon Resources has confirmed its first finalized gold and silver concentrate production from the Dome Mountain Gold and Silver Mine in British Columbia, Canada. This marks a significant operational milestone, demonstrating the company's full production cycle, from underground mining through milling, concentrate sales, and receipt of provisional payments totaling approximately $11.6 million (C$16.5 million). The initial output yielded 992 ounces of gold and 4,181 ounces of silver from 341.6 dry tonnes of concentrate, with subsequent processing batches showing improved mill-feed grades and high gold recovery rates.

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Tharisa signs PGM offtake deal with Valterra Platinum subsidiary

Tharisa signs PGM offtake deal with Valterra Platinum subsidiary

Tharisa, a prominent South African PGM and chrome producer, has announced a significant multi-year offtake agreement with Valterra Platinum, a subsidiary of Rustenburg Platinum Mines. Commencing January 1, 2027, Valterra Platinum will purchase 50% of the PGM concentrate produced at Tharisa Mine, replacing Sibanye-Stillwater as an offtake partner while Northam Platinum retains the remaining 50%. This strategic partnership extends beyond PGMs, encompassing a collaborative exploration into fine chrome recovery and beneficiation, utilizing Tharisa’s advanced Vulcan X technology, and building on an earlier agreement for the Karo Platinum project.

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Energy Department Releases Emissions Value Request Process for 45Z Fuel Production Credit

Energy Department Releases Emissions Value Request Process for 45Z Fuel Production Credit

The U.S. Department of Energy (DOE) has unveiled the Emissions Value Request (EVR) process, a critical pathway for transportation fuel producers to access the Section 45Z Clean Fuel Production Tax Credit. This new mechanism, stemming from the Working Families Tax Cut, aims to incentivize domestic clean fuel production by providing a provisional emissions rate for fuels not yet included in existing rate tables. For the mining industry, this development signifies potential shifts in energy procurement, new opportunities for supplying critical feedstocks, and a strategic alignment with broader national goals of energy security and decarbonization.

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Europe’s tungsten revival: new issue of MINE out now!

Europe’s tungsten revival: new issue of MINE out now!

The October 2026 issue of MINE magazine, released on October 15, 2026, offers a comprehensive analysis of critical shifts impacting the global mining sector, with a spotlight on Europe's strategic push to revive its tungsten industry. The publication delves into the geopolitical dynamics reshaping iron ore supply chains, advancements in underground automation, the volatile outlook for coal markets in 2027, and innovative mineral processing technologies, alongside a dedicated supplement on key developments in Australian mining.

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PLC Resources begins satellite geo-spectral survey at Abbotts Gold Project

PLC Resources begins satellite geo-spectral survey at Abbotts Gold Project

PLC Resources has initiated a two-stage satellite geo-spectral survey at its Abbotts Gold Project in Western Australia's Murchison region. This advanced geophysical program, spanning 205km² and conducted by Geo Spectra, aims to precisely map alteration minerals and geological structures indicative of orogenic gold mineralization using a combination of hyperspectral and high-resolution satellite imagery. The initiative builds upon previous exploration efforts and is expected to deliver a prioritized target map within four to six weeks, significantly informing future drilling campaigns.

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Energy Department Backs Major Grid Expansion Across Eight States to Strengthen Reliability and Lower Electricity Costs

Energy Department Backs Major Grid Expansion Across Eight States to Strengthen Reliability and Lower Electricity Costs

The U.S. Department of Energy announced significant federal backing for the Tennessee Valley Authority, committing $250 million towards 84 transmission and distribution projects across eight states. This initiative, part of the GRIP and SPARK programs, aims to add a combined 4,300 megawatts of grid capacity, bolster reliability, and reduce electricity costs for 2.58 million families and businesses. The projects are poised to enhance the nation's energy infrastructure, create 800 jobs, and provide critical stability for energy-intensive industries such as mining.

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Tali Resources plans 9,000m drill programme at Don Juan prospect

Tali Resources plans 9,000m drill programme at Don Juan prospect

Tali Resources is set to commence an extensive 9,000-meter aircore drilling program in central Australia, targeting critical mineral potential within the 45-kilometer Don Juan-Alakol alkaline ultramafic intrusive system and the Central Australian Suture. The initiative, scheduled to begin in October, aims to evaluate a total of twelve high-priority geophysical and geological anomalies, with a significant focus on carbonatite-associated mineralization, particularly rare earth elements, niobium, and phosphorus, which are vital for modern technology and green energy transitions.

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