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Jindalee Lithium inks stewardship MoU for McDermitt project

2026-06-24

Jindalee Lithium, through its 100%-owned U.S. subsidiary HiTech Minerals, has signed a Memorandum of Understanding with the nonprofit organization RESOLVE. This agreement aims to explore the establishment of a voluntary Stewardship Area in the broader Oregon-Nevada caldera region, focusing on improved environmental outcomes alongside responsible lithium development at the McDermitt project. The initiative underscores a growing industry trend towards integrating environmental stewardship and community engagement into critical minerals project advancement, especially as Jindalee prepares to spin out its U.S. lithium assets into a new Nasdaq-listed company called US Elemental.

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Recent Articles

Department of Energy Announces American Nuclear Supply Chain Loans

2026-06-24

The U.S. Department of Energy (DOE) has announced a conditional loan commitment of $17.5 billion through its Office of Energy Dominance Financing (EDF) to revitalize America's commercial nuclear supply chain. This substantial financing aims to accelerate the deployment of 10 new large-scale Westinghouse AP1000® reactors by up to three years, targeting an additional 11 GW of clean electricity and prompting significant implications for the domestic uranium mining sector. The initiative underscores a strategic push for U.S. energy independence and the rebuilding of critical manufacturing capabilities.

Deutsche Bank cuts Q3 gold price target by 22%

2026-06-24

Deutsche Bank has significantly revised its near-term gold price targets, cutting its third-quarter 2026 forecast by 22% to $4,300 per ounce, citing Federal Reserve policy repricing and resilient U.S. economic data. While still projecting price increases above current levels by year-end, the adjustment reflects growing macroeconomic headwinds, impacting market sentiment and strategic planning across the global mining industry.

Aclara Resources gets environmental OK for Chile rare earths project

2026-06-24

Aclara Resources has secured the final environmental approval for its Penco Module rare earths project in Chile, a significant milestone after more than four years of permitting bureaucracy. This development positions Aclara to become a key player in establishing a Western vertical rare earth supply chain, with the project projected to produce 774 tonnes of rare earth oxides annually over 14 years. The company now aims to finalize permitting and begin construction in early 2027, highlighting the broader need for governmental coordination to capitalize on critical minerals demand in Latin America.

Masan looks to foreign investors with tungsten mine growth

2026-06-23

Masan High-Tech Materials (MHT), Vietnam's leading producer, has unveiled plans to significantly expand its Nui Phao mine and Nui Chiem site, potentially adding 115 million tonnes of tungsten-polymetallic resources and extending operations for decades. This strategic move, announced amidst global demand for critical minerals and tightening non-China supply, is closely linked with Masan Group's efforts to attract international investors through a potential stake sale and aims to bolster Vietnam's position in the global tungsten market while enhancing MHT's corporate profile.

Generation Mining secures $141m loan for Marathon project

2026-06-23

Generation Mining has secured a significant C$200 million ($141 million) debt commitment from the Canada Infrastructure Bank (CIB) for its Marathon Copper-Palladium Project in north-western Ontario. This funding, comprising a C$110 million subordinated debt facility and a C$90 million standby facility, is a crucial component of the project's C$969 million financing plan, underscoring its strategic importance as Canada's first CIB critical minerals investment in Ontario. The project aims to become a key North American producer of copper and palladium, vital metals for the global energy transition, with construction anticipated to commence in the latter half of 2026.

enCore Energy gets BLM approval for Dewey Burdock infrastructure

2026-06-22

enCore Energy has received final approval from the Bureau of Land Management (BLM) for initial infrastructure construction at its 100%-owned Dewey Burdock Uranium in-situ recovery (ISR) project in South Dakota. This significant milestone, following a thorough Environmental Assessment, allows for the development of essential access roads, four groundwater monitoring wells, and power lines across approximately 240 acres of public land. The project, utilizing environmentally sensitive ISR methods, is integrated into the federal "Fast 41 programme" to expedite critical mineral development, underscoring its strategic importance for bolstering domestic US uranium production.

Silver Storm secures permits for La Parrilla mine drilling

2026-06-22

Silver Storm Mining has recently secured crucial drilling and operational permits from Mexico's federal agency SEMARNAT for its wholly owned La Parrilla Silver Mine Complex in Durango State. These approvals enable an extensive 2026 exploration program targeting resource expansion and upgrades at the C340 and 14 Marcos areas, involving approximately 6,600 meters of surface drilling. Additionally, the company received a ten-year extension for its tailings storage facility, a vital permit ensuring the continued environmental compliance and operational stability of the past-producing asset.

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

2026-06-21

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.

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

2026-06-21

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.

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

2026-06-21

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.