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Platinum surplus masks persistent supply challenge for PGM miners

2026-09-09

The platinum market is projected to experience a modest surplus of 265,000 ounces in 2026, marking a significant shift from the 1.44 million-ounce deficit recorded in 2025. However, this surplus is not indicative of an improved primary production capacity, as global mine supply is forecast to remain flat at 5.55 million ounces. Instead, the market balance is primarily driven by a substantial decline in investment demand and a temporary boost from recycling, underscoring persistent geological and economic challenges facing Platinum Group Metals (PGM) miners, particularly in South Africa.

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Energy Department Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant

2026-09-09

The U.S. Department of Energy’s Office of Energy Dominance Financing has finalized a loan of up to $1.9 billion to NextEra Energy, earmarked for the restart of the Duane Arnold Energy Center in Linn County, Iowa. This significant investment aims to bring Iowa’s sole nuclear power plant back online, adding 615 megawatts of baseload power to the grid and signaling a strategic move to bolster America’s nuclear industrial base and energy security, which could profoundly impact the demand for critical mining commodities like uranium.

A2Gold completes RC drilling at Taylor Project in Nevada

2026-09-09

A2Gold Corp. has completed a significant reverse-circulation (RC) drilling program at its recently acquired Taylor Gold-Silver Project in White Pine County, Nevada, as part of its ambitious 2026 exploration campaign. Following this, the company is rapidly mobilizing its drill rig to the Eastside Project near Tonopah, Nevada, to commence a new RC drilling initiative focused on high-priority targets. These strategic maneuvers underscore A2Gold's aggressive approach to expanding its resource base and identifying high-grade mineralisation within Nevada's prolific mining landscape.

EMIPA produces first gold-silver doré bar at Don Mario, Bolivia

2026-09-09

Orvana Minerals' Bolivian subsidiary, Empresa Minera Paitití (EMIPA), has announced the successful production of its first gold-silver doré bar from the Don Mario site in Bolivia. This achievement marks a significant restart of operations at Don Mario, which had been suspended in Q1 FY20 due to reserve depletion, and now focuses on processing existing oxide stockpiles. The project also aims to expand copper cathode production and upgrade the gold-silver recovery circuit, signaling a strategic move towards optimized resource utilization and diversified output for Orvana Minerals.

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.