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USAC secures $27m for domestic critical materials extraction

2026-03-07

The United States Antimony Corporation (USAC) has secured $27 million in funding from the Department of War (DoW) under Title III of the Defence Production Act (DPA), aimed at bolstering domestic extraction, processing, and refining of antimony. This investment, complemented by a $3.9 million contribution from USAC, will modernize its Montana facility and establish new mining operations in Alaska, critically enhancing the nation's supply chain resilience for antimony amidst global geopolitical challenges and reliance on foreign sources. It is a key step in the broader US government initiative to rebuild domestic capacity for essential minerals vital to national security and industrial applications.

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Pan American finds four new veins at La Colorada mine in Mexico

2026-03-07

Pan American Silver has announced significant exploration success at its La Colorada mine in Zacatecas, Mexico, with the discovery of four new high-grade polymetallic veins and the extension of existing zones. An intensive drilling campaign between November 2025 and January 2026, totaling 17,774 meters, confirmed new veins like Filomena and Nicolasa, exhibiting exceptional silver, gold, lead, and zinc grades. These discoveries are set to substantially enhance the mine's resource base, with an updated mineral reserves and resources report anticipated by June 30, 2026.

NexGen’s Rook I Uranium Project secures final federal approval

2026-03-07

NexGen Energy has secured the final federal approval for its Rook I Uranium Project in Saskatchewan's Athabasca Basin, receiving a crucial license from the Canadian Nuclear Safety Commission on March 6, 2026. This milestone clears the path for full construction to commence in summer 2026, with the project slated to eventually produce up to 30 million pounds of uranium annually. Rook I is poised to become a significant contributor to the global uranium supply, strengthening Western energy independence and bringing substantial economic benefits to the region.

Aluminium prices hit high after Alba suspends metal deliveries

2026-03-06

Global aluminium markets are experiencing significant upheaval after Aluminium Bahrain BSC (Alba) announced a suspension of metal deliveries due to force majeure, citing transit issues through the critical Strait of Hormuz. This disruption, stemming from escalating tensions in Iran, has propelled aluminium prices to their highest levels since 2022, underscoring the vulnerability of global commodity supply chains to geopolitical instability. The move has sparked concerns among traders and manufacturers worldwide regarding potential long-term supply interruptions for one of the world's most vital industrial metals.

Tempest Minerals signs agreement to acquire Zealandia

2026-03-06

Tempest Minerals has solidified its strategic expansion into New Zealand's gold sector through a binding agreement to acquire Zealandia Resources. This acquisition, valued at $2 million (A$2.85 million) entirely in shares, encompasses four high-potential gold projects spanning 145km² within the historically prolific Hauraki Goldfields and the emerging Taupo Volcanic Zone on the North Island. The deal presents Tempest with drill-ready targets and a comprehensive historical data set, positioning the company to accelerate exploration in a region celebrated for its extensive epithermal gold-silver production.

Maronan Metals secures MDL for silver project in Australia

2026-03-05

Maronan Metals has achieved a pivotal milestone for its Maronan Silver Project in Queensland, Australia, securing Mineral Development Licence (MDL) 2028 from the Queensland Government. This critical approval, granted in less than 12 months, clears the path for advanced exploration activities including the excavation of a boxcut and a 200m exploration decline, enabling bulk sampling and refined resource drilling. MDL 2028 significantly de-risks the project's regulatory profile and positions Maronan for expedited development toward future mining operations, undergirded by comprehensive environmental and Native Title approvals.

Lindian signs term sheet for Kazakhstan MREC processing plant

2026-03-05

Lindian Resources has executed a definitive strategic move, signing a binding term sheet to acquire 100% of an existing mixed rare earths carbonate (MREC) processing facility in Stepnogorsk, Kazakhstan. This acquisition is structured as an incorporated joint venture (IJV) with local partner RA-Group, positioning Lindian to transition from a rare earths concentrate producer into a high-value MREC manufacturer by Q4 2026. The $15 million transaction, primarily deferred until commercial production, underscores a broader industry push for diversified critical mineral supply chains, notably supported by recent US-Kazakhstan cooperation.

Resolution Minerals acquires Johnson Creek tungsten mill in US

2026-03-04

Resolution Minerals has completed the acquisition of the Johnson Creek Tungsten & Antimony Mill and related assets in Idaho, US, on March 3, 2026. This strategic move aims to accelerate the Australian company's in-house processing and US production of critical minerals like antimony, tungsten, and gold from its adjacent Horse Heaven project. The acquisition, which includes 2,000 tonnes of historical tungsten ore stockpiles, positions Resolution to enhance domestic supply chain security, pursue government funding, and capitalize on rising demand for these essential metals.

MacLean receives $2.5m for BEV research to support mining operations

2026-03-04

MacLean Engineering has secured C$3.42 million (US$2.5 million) in funding from Natural Resources Canada (NRCan) to accelerate the commercialization of its GR8 EV Grader, a battery-electric pit-class grader. This investment, announced at the PDAC 2026 Convention, underpins Canada's commitment to decarbonizing the mining sector and positioning Canadian clean technology on the global stage, supporting MacLean's newly established Surface Mining Vehicle division.

U.S. Department of Energy Brings Together Vertical Gas Corridor Countries to Strengthen Energy Coordination

2026-03-03

The U.S. Department of Energy (DOE) hosted officials from Bulgaria, Greece, Romania, Moldova, Ukraine, and the European Commission on February 25, 2026, to advance the critical Vertical Gas Corridor initiative. This strategic effort aims to enhance Europe's energy security by facilitating northbound flows of U.S. liquefied natural gas (LNG) from Greece, strengthening allies while creating significant opportunities for U.S. energy exports. The discussions focused on resolving regulatory challenges, harmonizing tariffs, and reviewing strategic infrastructure investments essential to unlocking the corridor's full capacity and reducing reliance on adversarial energy suppliers, thus indirectly bolstering demand for crucial mined materials in energy infrastructure development.

Bold Ventures secures new claims near Joutel Property in Canada

2026-03-03

Bold Ventures recently announced the strategic acquisition of six new mining claims contiguous to its Joutel Property in Quebec, Canada, consolidating its land package to 58 claims across 3,217 hectares. This expansion is driven by the identified presence of significant VTEM anomalies from a 2012 survey, with one area historically yielding promising nickel and gold intercepts. The transaction, involving 750,000 common shares issued to Emerald Geological Services (EGS) and awaiting TSX Venture Exchange approval, positions Bold for an aggressive exploration program targeting base and precious metals this winter.