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Kobrea and BHP form exploration alliance in Argentina

2026-08-06

BHP Metals and Kobrea Exploration have forged a strategic alliance to undertake advanced and generative copper exploration within Argentina's Western Malargüe Mining District in Mendoza Province. This partnership, announced on August 6, 2026, will see BHP invest significant capital, including an initial $3 million payment and up to $40 million per selected project over an eight-year earn-in period, to secure a 75% interest in potential discoveries. The collaboration leverages Kobrea's established local presence and geological insights with BHP's global technical expertise and financial strength, aiming to identify and develop multiple porphyry copper targets critical for future global supply.

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Energy Secretary Keeps Guam Power On

2026-08-06

U.S. Secretary of Energy Chris Wright has issued an emergency order to the Guam Power Authority (GPA), authorizing the operation of specific generation units to prevent blackouts and ensure grid stability on the island through early November 2026. This critical intervention, prompted by the unexpected offline status of the Ukudu steam turbine for emergency repairs, underscores the inherent vulnerabilities of isolated island grids and highlights the broader implications of energy reliability for industrial sectors, including the global mining industry, which relies heavily on consistent and affordable power for operations.

From predictive maintenance to autonomous operations: the roadmap to scaling AI in mining

2026-08-06

The mining industry is on the cusp of a significant transformation, with Artificial Intelligence projected to see a substantial increase in investment, growing from $2.7 billion in 2024 to $13.1 billion in 2029. While AI currently excels in predictive maintenance and data analysis, the next critical phase involves bridging the gap between AI-driven insights and actionable operational responses. This evolution demands robust infrastructure, integrated systems, and a prepared workforce to convert predictions into secure, coordinated actions, ultimately moving towards bounded autonomous control.

Genesis-Vault deal reflects Australia’s changing gold growth story

2026-08-06

Australia's gold sector is poised for continued recovery, driven by a dual strategy of new project development and significant strategic consolidation, as highlighted by a recent GlobalData analysis. The Genesis-Vault transaction exemplifies this evolving landscape, signifying a pivotal shift in how growth is being pursued across the continent. This commentary, dated August 5, 2026, underscores the dynamic forces shaping one of the world's leading gold-producing nations.

AuKing Mining agrees to purchase Malawi’s Machinga HREE project

2026-08-05

AuKing Mining has announced the acquisition of 100% of the Machinga Heavy Rare Earth Elements (HREE) Project in southern Malawi, a strategic move reinforcing its commitment to critical minerals. This project, covering two exploration licenses totaling approximately 200.4km², is situated within the geologically significant Chilwa Alkaline Province, known for its rare earth potential. The acquisition, valued at A$750,000 in cash and A$750,000 in shares, plus A$1.25 million in performance shares tied to a JORC resource milestone, positions AuKing to capitalize on a high-grade HREE deposit with characteristics similar to globally recognized projects, offering potential for open-pit mining.

SAGA Metals begins mobilisation for Wolverine rare earth project

2026-08-05

SAGA Metals has initiated a significant mobilization effort at its Wolverine Heavy Rare Earth Element Project in central Labrador, Canada, preparing for a substantial 4,000–5,000-meter diamond drilling campaign. This program aims to build upon promising 2025 reverse circulation drilling results, which identified broad zones of near-surface rare earth element mineralization with high heavy rare earth oxide contributions. The systematic exploration is geared towards establishing a robust geological database essential for defining a maiden resource, strategically positioning SAGA Metals in the critical minerals sector.

MaxMine launches AI assistant for mining industry

2026-08-04

MaxMine has introduced MAXI, an innovative AI assistant specifically designed for fleet management systems in the mining industry, launching on August 3, 2026. This development aims to significantly improve data accessibility and operational efficiency for site supervisors by providing real-time insights and automating shift reporting. Early trials at Queensland mine sites with Batchfire Resources have demonstrated MAXI's potential to enhance safety, accountability, and communication between operators and supervisors through practical short interval control.

Cove Kaz Capital Group engages operators for Kazakhstan tungsten DFS

2026-08-04

Cove Kaz Capital Group has announced the appointment of a consortium of international engineering firms to conduct a definitive feasibility study (DFS) for its Northern Katpar tungsten project in Kazakhstan. This critical step, which commenced in July 2026 and is slated for completion by the end of 2027, is poised to unlock significant tungsten resources and is strategically aimed at addressing a systemic global shortage, with strong backing from US financial institutions. The project, alongside the nearby Upper Kairakty deposit, targets an annual production of 12,000 tonnes of tungsten trioxide, representing approximately 15% of current global mine output.

Allied Gold and Zijin Gold end arrangement agreement

2026-08-02

Allied Gold and Zijin Gold International Company have terminated their C$5.5 billion definitive agreement for Zijin's acquisition of Allied Gold, citing unmet conditions and external factors impacting large cross-border transactions. Despite this, Zijin will proceed with a strategic investment of approximately 1.99 billion yuan (US$295 million) in Allied Gold, securing a roughly 9.2% equity stake to support Allied Gold's key growth initiatives in Africa, including the Kurmuk project and Sadiola expansion. This strategic pivot highlights the evolving landscape of global mining M&A and the preference for collaborative investment over full takeovers amidst regulatory complexities.

Energy Fuels starts construction on White Mesa Mill expansion

2026-08-02

Energy Fuels has commenced construction on a significant expansion of its White Mesa Mill in Utah, aiming to establish commercial-scale production of heavy rare earth oxides, specifically terbium and dysprosium. This $104 million project is a critical step in the company's strategy to build an integrated mine-to-magnet supply chain in North America and Europe, addressing a severe pinch point in the global permanent magnet industry. The expansion, set to complete initial heavy rare earth circuits by late 2027, will leverage feedstock from the company's Donald Project in Australia and support downstream magnet manufacturing in South Korea and the United States.

Riverside receives mineral titles at Revel and Red Jacket projects

2026-08-01

Riverside Resources has significantly expanded its mineral tenure in south-central British Columbia, Canada, by nearly doubling its land package at the Red Jacket VMS project and adding 30% to its Revel rare earth elements (REEs) project. Announced on July 31, 2026, these strategic expansions consolidate control over prospective mineral belts, enabling more extensive exploration for critical minerals in a stable jurisdiction. The move positions Riverside for advanced exploration, including airborne geophysical surveys and further fieldwork, aiming to delineate drill targets and attract potential partners.