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Leviathan Metals to acquire prospecting licence in Botswana

2026-03-21

Leviathan Metals has significantly expanded its footprint in Botswana's prolific Kalahari Copper Belt with the acquisition of a new prospecting license, increasing its Central Project by 270km² to a total of 590km². Announced on March 20, 2026, this strategic move enhances the company’s potential for sediment-hosted copper discoveries, particularly along 10km of the interpreted D’Kar-Ngwako Pan Formation contact, directly adjacent to MMG’s substantial Khoemacau deposits. The deal, involving a blend of cash, shares, and a net smelter royalty, underscores Leviathan’s growing commitment to Botswana’s mining sector and its pursuit of critical copper resources.

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Energy Department Announces Partnership to Ensure Affordable Energy and Power America’s AI Future

2026-03-21

The U.S. Departments of Energy and Commerce, in partnership with SoftBank’s SB Energy and AEP Ohio, have announced a transformative $37.5 billion public-private initiative to redevelop federal land in Southern Ohio. This ambitious project aims to construct 10 gigawatts of new power generation, primarily natural gas, to fuel a colossal 10-gigawatt data center facility, significantly advancing America’s artificial intelligence capabilities and modernizing regional energy infrastructure. The initiative is poised to generate thousands of jobs, reduce electricity costs, and bolster national security, with substantial implications for the upstream natural gas sector and critical minerals supply chains.

Lynas announces first samarium oxide output in Malaysia

2026-03-21

Lynas Rare Earths has commenced initial production of samarium oxide at its Lynas Malaysia facility, significantly ahead of its initially forecast April 2026 schedule. This achievement expands Lynas' heavy rare earth oxide product range to three, reinforcing its critical role as the only commercial producer of separated heavy rare earths outside of China and contributing to the global diversification of critical mineral supply chains. The development is a key milestone in the company's "Towards 2030" growth strategy, aiming to substantially increase its heavy rare earth processing capabilities over the next two years.

Freeport plans $7.5bn boost to Chile’s El Abra copper output

2026-03-21

Freeport-McMoRan has applied for environmental approval for a substantial $7.5 billion expansion project at its El Abra copper mine in Chile, signaling a critical move to boost global copper supply. If approved, the project, which includes new concentrator and desalination plants, is anticipated to commence operations in 2033, increasing annual copper output by more than 300,000 tonnes to meet soaring demand from electrification and AI sectors. This development unfolds amidst an evolving regulatory climate in Chile, with new governmental efforts to streamline permitting processes and attract significant foreign investment into the nation's vital mining sector.

Talisman concludes sampling work at Fougnar Copper-Silver Project

2026-03-20

Talisman Metals has announced the conclusion of significant initial fieldwork at its Fougnar Copper-Silver Project in Morocco, encompassing stream sediment sampling, extensive transient electromagnetics (TEM) surveys, and preliminary trenching. Early data indicates promising zones of strong conductivity and visible copper mineralization, which will now undergo detailed analysis to refine drill targets. This progress marks a critical step in understanding the subsurface potential of Fougnar, contributing to Talisman's growing exploration footprint in the Moroccan mineral landscape.

Rox Resources approves FID for Youanmi Gold Project

2026-03-20

Rox Resources has officially approved the Final Investment Decision (FID) for its fully owned Youanmi Gold Project in Western Australia, signaling immediate commencement of significant construction activities. This pivotal decision, following the approval of the Mine Development and Closure Proposal amendment, positions the project as fully funded with A$350 million in credit and A$218 million from capital placements, targeting its first gold pour by mid-2027. The project's progression underscores its robust funding strategy and adherence to a critical development timeline within the region's prominent gold sector.

Energy Department Announces $500 Million to Strengthen Domestic Critical Materials Processing and Manufacturing

2026-03-19

The U.S. Department of Energy (DOE) has announced a Notice of Funding Opportunity (NOFO) for up to $500 million, aimed at significantly expanding domestic critical mineral and materials processing, derivative battery manufacturing, and recycling capabilities. Revealed on March 13, 2026, by the DOE's Office of Critical Minerals and Energy Innovation (CMEI), this funding initiative marks the third round of investment in strengthening the nation's battery supply chains, targeting key minerals like lithium, graphite, nickel, copper, and aluminum crucial for defense, grid resilience, and transportation sectors. This strategic move emphasizes reducing reliance on foreign actors, bolstering national security, and positioning the U.S. for energy dominance amidst rising global demand for advanced energy technologies.

Beyond formulation: Devising a lubricant strategy for component longevity and safety

2026-03-19

Modern mining operations are increasingly reliant on advanced lubrication strategies to ensure the longevity and safety of critical heavy machinery. With thousands of underground vehicles operating under extreme conditions, the industry is shifting away from traditional mineral oils towards synthetic and high-performance lubricants, coupled with sophisticated condition monitoring programs, to minimize unplanned downtime and maximize asset life, according to insights shared in a recent publication by Mrudvi Bakshi dated March 18, 2026. This integrated approach is vital for enhancing efficiency and safeguarding the significant capital investments in mining fleets.

Troilus, Boliden sign MoU for copper-gold concentrate supply

2026-03-19

Troilus Mining has officially advanced its long-term copper-gold concentrate offtake strategy by signing a Memorandum of Understanding (MoU) with Boliden Commercial, building upon prior commercial terms. This agreement for its north-central Québec project, coupled with an earlier MoU with Aurubis, is critical for de-risking the project, securing a prospective $1 billion debt facility from international financial institutions, and moving towards a construction phase. The Troilus Project's May 2024 feasibility study projects an annual output of approximately 135.4 million pounds of copper equivalent, underscoring its significant scale and strategic importance within a jurisdiction recognized for stable, clean-energy mineral development.

Energy Department Announces $293 Million in Funding to Support Genesis Mission National Science and Technology Challenges

2026-03-18

The U.S. Department of Energy (DOE) has announced a substantial $293 million funding opportunity through its "Genesis Mission: Transforming Science and Energy with AI" Request for Application (RFA). This initiative invites interdisciplinary teams from National Laboratories, U.S. industry, and academia to develop novel AI solutions addressing over 20 critical national challenges, including advanced manufacturing and, most significantly for our sector, critical materials. This investment aims to leverage artificial intelligence to bolster scientific discovery, enhance energy security, and strengthen domestic supply chains, presenting a significant opportunity for the U.S. mining industry to modernize and innovate.

Eldorado secures operating authorisation for Ormaque deposit

2026-03-18

Eldorado Gold has secured crucial operating authorization for its high-grade Ormaque gold deposit at the Lamaque Complex in Val-d’Or, Quebec, Canada, from the Ministry of the Environment, the Fight Against Climate Change, Wildlife and Parks. This approval, announced on March 17, 2026, empowers Eldorado to commence underground mining at Ormaque and transport the ore to the existing Sigma Mill, significantly enhancing production flexibility and reinforcing Lamaque as a cornerstone asset within the company's portfolio. The move underscores Eldorado's strategic commitment to optimizing existing infrastructure and driving long-term value through targeted exploration and operational efficiencies, including plans for ongoing drilling and potential mill expansion studies.