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FirstAu signs agreement to acquire Sandstone Gold Project

2026-09-08

FirstAu has strategically expanded its gold portfolio in Western Australia with the acquisition of the Sandstone Gold Project from Complete Prospecting, announced on September 8, 2026. This acquisition encompasses five key tenements within the prospective Sandstone gold district and importantly includes access to an extensive historical reverse circulation drilling database. The deal is structured with a cash exclusivity fee, share consideration, and a deferred payment contingent on defining a significant JORC-compliant gold resource, positioning FirstAu for accelerated exploration and potential resource definition.

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Recent Articles

BHP appoints Worley for SA copper project expansion services

2026-09-08

BHP has engaged Worley for study and engineering, procurement, and construction management (EPCM) services for potential copper expansion projects at its Olympic Dam and Carrapateena operations in South Australia. These significant developments, which remain subject to a final investment decision (FID) by BHP, underscore the mining giant's strategic push to boost copper production in response to rising global demand driven by electrification and the ongoing energy transition. The scope encompasses potential block cave work at Olympic Dam and underground and processing expansions at Carrapateena, signaling a robust long-term growth trajectory for BHP's South Australian copper assets.

Weir to supply grinding technology for Zijin’s Akyem Gold Mine

2026-09-08

Weir, a UK-based mining technology firm, has secured an order in Q3 2026 to supply two ENDURON high pressure grinding rolls (HPGRs) to Zijin Mining’s Akyem Gold Mine in Ghana. This strategic deployment is part of Zijin’s brownfield optimization efforts, aimed at debottlenecking the mine's comminution circuit which has faced challenges with increasingly competent ore using conventional grinding methods. The HPGR technology is expected to significantly enhance grinding efficiency, boost throughput, and improve gold recovery while reducing energy consumption and carbon emissions, demonstrating a growing industry trend towards sustainable and efficient mineral processing solutions.

Anson Resources secures $194m Utah incentive for lithium project

2026-09-07

Anson Resources has secured a substantial $194 million business incentive from the Utah Inland Port Authority Board for its Green River Lithium Project. This incentive, structured as a rebate on future property tax revenues over 25 years, aims to bolster the project's economics and potentially fund crucial public infrastructure for the planned 10,000 tonnes per annum lithium carbonate facility. The development underscores Utah's commitment to fostering domestic critical mineral production and Anson's strategic approach to non-dilutive financing for its $569 million capital expenditure project.

AI could improve in-situ recovery of critical minerals

2026-09-07

New research in the United States is exploring how artificial intelligence (AI) can significantly enhance in-situ recovery (ISR) methods for critical minerals. This innovation focuses on integrating physics and chemistry models to precisely predict the movement and reaction of fluids and reagents within complex, heterogeneous rock formations. Such advancements promise to overcome long-standing challenges in ISR, leading to more efficient, environmentally responsible, and economically viable extraction of vital resources for modern industries.

Verdera Energy to sell Treeline Uranium Project to Americas Uranium

2026-09-06

Verdera Energy has agreed to divest its Treeline Uranium Project in New Mexico to Americas Uranium for a consideration comprising $100,000 in cash and C$2 million in Americas Uranium common shares. This strategic transaction allows Verdera to focus on its larger-scale, historically resourced properties, while enabling Americas Uranium to acquire a promising exploration asset with an estimated 1.02 million pounds of historical triuranium octoxide in a region known for its uranium potential. The deal underscores ongoing consolidation and strategic portfolio adjustments within the North American uranium sector.

Amex Gold starts underground ramp at Perron project in Quebec

2026-09-06

Amex Gold Mining has officially commenced underground development at its wholly owned Perron Gold Project in Quebec, Canada, initiating ramp construction with contractor CMAC-Thyssen. This crucial step, marked by the completion of the underground portal and the first blast on September 3, 2026, aims to provide access to the high-grade Champagne Zone for a significant 40,000-tonne bulk sample program. The development is designed to de-risk future project stages by gathering essential data on mining conditions, grade continuity, and metallurgical performance, paving the way for eventual production.

President Trump’s Energy Dominance Agenda is Delivering for American Energy Workers

2026-09-05

The U.S. Department of Energy's 2026 U.S. Energy and Employment Report (USEER) reveals significant job growth across critical energy sectors, including a notable rebound in coal and nuclear power workforces, bolstering President Trump's Energy Dominance agenda. The report, released on September 3, 2026, highlights a median energy-sector salary of $63,000, 24% higher than the national average, and points to rising demand for skilled labor, presenting both opportunities and challenges for the broader mining industry supplying these sectors.

Euro Sun Mining plans $400m financing for Rovina Valley Project

2026-09-05

Euro Sun Mining is making substantial strides towards fully financing its Rovina Valley Gold-Copper Project in Romania, announcing a non-binding Memorandum of Understanding for up to $400 million in project funding. This crucial agreement involves global financial powerhouse Macquarie Bank and commodities giant Trafigura, setting an 18-month timeline for due diligence and structuring. Complementing this, Trafigura has committed to a $3 million equity investment, reinforcing its ongoing $200 million commitment to the project.

Forrestania acquires Edna May Gold Project in $215m deal

2026-09-05

Forrestania Resources has finalized its significant acquisition of the Edna May Gold Project from Ramelius Resources in a US$215 million (A$300 million) deal, marking a transformative expansion for the company. This strategic move establishes Forrestania with two major gold processing hubs in Western Australia, including the newly acquired Edna May and its existing Lake Johnston facilities, aiming for a combined milling capacity exceeding six million tonnes per annum. The acquisition, funded in part by a successful A$310 million capital placement, positions Forrestania for enhanced operational flexibility and solidified presence in a key global gold mining region.

Energy Secretary Secures Carolinas’ Grid Ahead of Holiday Weekend

2026-09-04

The U.S. Department of Energy (DOE) issued an emergency order on September 3, 2026, granting Duke Energy Carolinas, LLC, temporary authority to stabilize the electrical grid in the Carolinas, mitigating blackout risks amidst hot weather and ensuring power reliability through September 8, 2026. This directive, issued under Section 202(c) of the Federal Power Act, underscores critical vulnerabilities in national energy infrastructure and highlights the ongoing debate surrounding energy policy and its profound implications for energy-intensive industries such as mining. The incident provides a timely case study on the imperative of grid resilience and reliable power supply for continuous industrial operations.