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Chile targets faster permits to unlock $100B pipeline

Chile targets faster permits to unlock $100B pipeline

Chile is aggressively moving to streamline its mining permit approval process, aiming to unlock over $100 billion in investment and revitalize its pivotal copper sector. This initiative, spearheaded by Economy and Mining Minister Daniel Mas, seeks to reduce processing times by 30% for approximately 200 procedures without compromising environmental standards, fostering legal certainty and attracting significant capital to key projects across copper and lithium.

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Banyan Gold hits new high on $34M capital raise

Banyan Gold hits new high on $34M capital raise

Banyan Gold, a Vancouver-based gold explorer, recently secured C$46.5 million ($34 million) through a strategic capital raise, propelling its stock to an all-time high. The significant financing is earmarked for advanced exploration at its flagship AurMac property in Canada's Yukon Territory, where the company has defined substantial indicated and inferred gold resources totaling over 7.7 million ounces. This development signifies strong investor confidence in Banyan Gold's project potential and Canada's role as a premier jurisdiction for gold exploration.

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Copper price within sight of all-time high as Chinese smelters hit record activity

Copper price within sight of all-time high as Chinese smelters hit record activity

Copper prices are rapidly approaching an all-time high, driven significantly by a substantial resurgence in Chinese smelter activity. Satellite data from Earth-i reveals a dramatic increase in operational capacity across China, while global concentrate supply faces unprecedented tightening due to geopolitical conflicts and strategic shifts in major mining nations, pushing treatment and refining charges into negative territory for the first time on record. This dynamic environment offers both opportunities and significant challenges for global mining companies and investors.

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Mangrove opens refinery in British Columbia to close lithium gap

Mangrove opens refinery in British Columbia to close lithium gap

Privately held Mangrove Lithium has inaugurated North America’s first commercial electrochemical lithium refinery in Delta, British Columbia, on April 18, 2026. This landmark facility, capable of producing 1,000 tonnes of battery-grade lithium hydroxide annually, addresses a critical refining gap in Canada's burgeoning battery supply chain and represents a significant step towards localizing vital mineral processing for electric vehicle production. Backed by substantial investment and leveraging an innovative, low-carbon electrochemical technology, Mangrove is poised to expand its operations with a larger refinery planned for Quebec, aiming to establish a comprehensive mine-to-chemical ecosystem within Canada.

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Mogotes signs agreement with Kennecott for Montana site

Mogotes signs agreement with Kennecott for Montana site

Mogotes Metals has secured an option-to-joint-venture agreement with Kennecott Exploration Company, a Rio Tinto subsidiary, for the Copper Cliff Project in Montana, US. This strategic partnership enables Mogotes to invest up to $56 million over six years to earn a 60% interest in the gold-copper porphyry asset, leveraging Kennecott's extensive historical exploration data from the property. The agreement signifies a significant revitalization effort for a historically productive mining district and underscores the growing industry interest in North American critical minerals.

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Northern Lithium wins funding for development plans

Northern Lithium wins funding for development plans

Northern Lithium, a crucial player in the UK's emerging critical minerals sector, has secured £600,000 in UK Government funding alongside £5 million in equity investments to accelerate its 2026 development plans. This capital infusion will support a vital front-end engineering design (FEED) feasibility study for a commercial-scale lithium-from-brines plant at Ludwell Farm, County Durham, with commercial production targeted for 2028. The initiative aims to significantly bolster the UK's domestic lithium supply, reduce its 100% import dependency, and contribute to its ambitious net-zero and electric vehicle manufacturing goals.

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Hitachi delivers electric excavator to Rudnik uglja Pljevlja

Hitachi delivers electric excavator to Rudnik uglja Pljevlja

Hitachi Construction Machinery (Europe) has delivered its EX2600-7E ultra-large electric excavator to Rudnik uglja Pljevlja in Montenegro, marking the first deployment of this electric model in Europe. This significant move signals the Pljevlja coal mine's commitment to modernizing its fleet, reducing long-term operating costs, and leveraging local electricity generation to decrease reliance on imported diesel fuel. The 250-tonne machine is a strategic investment poised to enhance operational efficiency and contribute to Montenegro's energy sector.

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Origen plans acquisition of Brazilian REE project

Origen plans acquisition of Brazilian REE project

Origen Resources has announced its intent to acquire a significant rare earth elements (REEs) project in north-eastern Brazil, covering over 33,000 hectares across Piauí and Bahia states, with initial soil sampling indicating a 4km by 6km anomalous REE zone peaking at 282 ppm TREO+Y. This strategic move positions Origen as a major landholder in an emerging REE belt, targeting critical ion adsorption clay-hosted deposits and capitalizing on Brazil's potential to diversify global REE supply chains.

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Energy Deputy Secretary Danly Commends FERC Action on Large Load Interconnection Reform

Energy Deputy Secretary Danly Commends FERC Action on Large Load Interconnection Reform

<p class="summary">The Federal Energy Regulatory Commission (FERC) has announced its commitment to take definitive action by June 2026 on reforms for large load interconnection, a directive issued by U.S. Secretary of Energy Chris Wright. This initiative, strongly commended by Deputy Secretary of Energy James P. Danly, aims to streamline the grid integration of major industrial and commercial consumers, support the co-location of generation and demand, and accelerate new power infrastructure to achieve American energy dominance and ensure affordable, reliable energy for the nation. For the mining industry, which depends heavily on substantial, consistent power supplies, these reforms promise to unlock bottlenecks, improve project viability, and strengthen domestic mineral production.</p>

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USA Rare Earth produces initial yttrium metal

USA Rare Earth produces initial yttrium metal

USA Rare Earth, through its UK-based subsidiary Less Common Metals (LCM), has announced the commercial production of 99-99.5% pure yttrium metal at its facility in Cheshire. This achievement positions the company as one of the few non-Chinese producers of this critical rare earth metal, which is essential for high-performance applications in aerospace, defense, electronics, and energy systems. The development is a significant step in USA Rare Earth’s strategy to build an integrated, Western-aligned rare earth supply chain from mining to magnet manufacturing, reinforcing national security and technological independence.

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