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The Department of Energy Applauds FERC’s Action on Large Load Interconnection Reform

The Department of Energy Applauds FERC’s Action on Large Load Interconnection Reform

The U.S. Department of Energy (DOE) has lauded the Federal Energy Regulatory Commission's (FERC) recent directive, issued on June 18, 2026, compelling the six regional grid operators to reform or justify their interconnection tariffs for data centers and other large energy users. This significant action, initiated at the direction of U.S. Secretary of Energy Chris Wright, aims to accelerate the provision of power essential for American innovation, national security, and economic growth, while safeguarding ratepayers against unjust cost shifts. For the mining industry, a major electricity consumer, these reforms promise swifter project development, more predictable operating costs, and enhanced energy reliability crucial for meeting escalating domestic and global mineral demands.

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Nuclear energy hiring is slowing in North America – but leaders can see where capacity and risk are shifting

Nuclear energy hiring is slowing in North America – but leaders can see where capacity and risk are shifting

<p></p> <p>While North America's nuclear energy sector appears to be experiencing a headline slowdown in overall hiring, detailed workforce analytics reveal a nuanced picture where pure-play nuclear operators are strategically expanding their capacity. Data from June 2025 to May 2026 indicates a shift from broad sector growth to a more focused build-out among companies with significant nuclear exposure, while services and engineering firms are retracting. This targeted expansion, particularly evident in operational and compliance-related roles, holds significant implications for the long-term demand for uranium and the broader mining industry.</p> <p>

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BHP raises Jansen stage two cost estimate to $6.9bn after review

BHP raises Jansen stage two cost estimate to $6.9bn after review

BHP has significantly revised its investment estimate for Stage Two of the Jansen potash project in Canada, increasing it by $2 billion to $6.9 billion, a substantial jump from the initial $4.9 billion forecast. This cost escalation is accompanied by a two-year delay, pushing the expected first production from this stage to late financial year 2031, with the company attributing the changes to higher construction hours, material quantities, and inflationary pressures identified during a detailed review. Despite these adjustments, BHP maintains its long-term output forecast for Jansen and underscores the project's strategic importance in diversifying its portfolio into future-facing commodities.

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Trump Administration Keeps Indiana Coal Plants Open to Ensure Grid Reliability and Minimize Electricity Costs

Trump Administration Keeps Indiana Coal Plants Open to Ensure Grid Reliability and Minimize Electricity Costs

The U.S. Department of Energy has issued emergency orders to keep two critical Indiana coal plants, R.M. Schahfer and F.B. Culley generating stations, operational from June 22, 2026, through September 19, 2026. This directive, following initial orders from December 23, 2025, aims to ensure grid reliability, minimize electricity costs, and prevent blackouts in the Midwest, highlighting persistent concerns over escalating energy demand and the rapid retirement of baseload power generation. The decision underscores a broader Trump Administration effort to preserve coal-fired capacity nationally, impacting energy policy, grid stability, and offering a critical, albeit temporary, lifeline to the coal mining sector.

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Goldman cuts gold price forecast down to $4,900

Goldman cuts gold price forecast down to $4,900

<p></p> <p>Goldman Sachs has significantly revised down its gold price forecast for the end of 2026 to $4,900 per ounce, a $500 reduction from its previous $5,400 target. This adjustment reflects a heightened probability of the US Federal Reserve implementing interest rate hikes rather than cuts, a hawkish shift underscored by new Chair Kevin Warsh's recent policy pronouncements. The revision, coming amidst a substantial decline in gold prices from their January highs, signals a potentially more challenging environment for the non-yielding precious metal, with crucial implications for mining companies and investors navigating increased market volatility.</p> <p>

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Newmont’s Red Chris underground expansion gets regulatory green light

Newmont’s Red Chris underground expansion gets regulatory green light

Newmont's Red Chris mine in British Columbia has secured crucial regulatory approvals for its transition from open-pit to underground block caving operations, extending its projected lifespan into the mid-2040s. This significant milestone, achieved through a consent-based process with the Tahltan Nation, paves the way for a final investment decision later this year and underscores the project's substantial economic benefits, job creation, and strategic importance for Newmont's global portfolio and Canada's copper production.

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Department of Energy Celebrates Second Advanced Reactor Achieving Criticality

Department of Energy Celebrates Second Advanced Reactor Achieving Criticality

The U.S. Department of Energy announced on June 18, 2026, that Valar Atomics' advanced reactor design, Ward 250, successfully achieved zero-power fueled criticality at the Utah San Rafael Energy Lab. This milestone marks the second advanced reactor to go critical under the DOE's Reactor Pilot Program and is notably the first DOE-authorized reactor built outside a national laboratory, signaling accelerating progress in America's nuclear renaissance and bolstering future demand for critical resources like uranium.

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Mining’s nuclear reality check: SMRs are still not on miners’ shopping lists

Mining’s nuclear reality check: SMRs are still not on miners’ shopping lists

Despite the theoretical alignment of small modular reactors (SMRs) with the power needs of remote, off-grid mining operations, a recent industry survey indicates that mining companies are not prioritizing nuclear technology. While SMRs offer firm, low-carbon electricity, the complexities of licensing, financing, and long-term liabilities currently place them well behind conventional renewables and energy storage on miners’ investment lists. This article explores the current reluctance, the distinct appeal, and broader utility-led initiatives that may eventually bring nuclear power to mining regions.

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Trinity Metals doubles US tungsten concentrate supply to 20%

Trinity Metals doubles US tungsten concentrate supply to 20%

Rwanda's Trinity Metals has announced a substantial increase in its tungsten concentrate exports to the United States, now accounting for up to 20% of America's primary tungsten consumption. This strategic uplift, driven by a 2025 agreement with Global Tungsten & Powders and an offtake partner Traxys, underscores a growing industry shift towards diversified, traceable supply chains for critical minerals, particularly as demand for defense and industrial applications rises and global supply dynamics evolve.

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International Graphite, Alkeemia to build graphite hub in Italy

International Graphite, Alkeemia to build graphite hub in Italy

International Graphite and European chemical manufacturer Alkeemia have formalized a joint venture to develop a significant graphite processing hub at Porto Marghera, Italy. This initiative, announced on June 17, 2026, aims to establish a domestic supply chain for processed graphite in Europe, directly supporting the EU’s Critical Raw Materials Act and reducing the continent's near-total reliance on imports from China. The initial phase of the project is designed for 10,000 tonnes per annum of graphite products, with production slated to commence in the second half of 2027.

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