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Energy Department Approves Immediate Additional LNG Exports from Plaquemines LNG

Energy Department Approves Immediate Additional LNG Exports from Plaquemines LNG

The U.S. Department of Energy has authorized an immediate 13% increase in liquefied natural gas (LNG) exports from Venture Global’s Plaquemines LNG Terminal in Louisiana. This decision, announced by Secretary of Energy Chris Wright on March 13, 2026, adds an additional 0.45 billion cubic feet per day (Bcf/d) to the facility’s export capacity for non-free trade agreement countries, boosting its total authorized exports to 3.85 Bcf/d and reinforcing the United States' role as a vital global energy supplier amidst geopolitical tensions.

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First Quantum to sell Çayeli Mine in Türkiye

First Quantum to sell Çayeli Mine in Türkiye

<p></p> <p>First Quantum Minerals has signed a definitive agreement to divest its Çayeli copper and zinc mine in Türkiye to Cengiz Insaat, a part of Cengiz Holding, for $340 million in cash. This strategic sale, anticipated to close in the second or third quarter of 2026, reflects First Quantum's disciplined approach to portfolio management, allowing the company to focus on its core strategic priorities and bolster financial flexibility. The Çayeli mine, located on Türkiye's Black Sea coast, has been a consistent producer since 1994, with its operational life recently extended to 2036.</p> <p>

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Copper Quest finalises Auxer Gold Property acquisition

Copper Quest finalises Auxer Gold Property acquisition

<p></p> <p>Copper Quest Exploration has successfully finalized the acquisition of the Auxer Gold Property in Bonner County, Idaho, a strategic move that significantly expands its North American gold and copper asset portfolio. This 1,087-hectare property, encompassing 130 unpatented lode claims, boasts near-surface high-grade gold mineralization, with historical exploration results indicating grades up to 26.8 grams per tonne. The acquisition, facilitated by a payment of two million common shares and a $30,000 fee, positions Copper Quest for intensified exploration, leveraging existing infrastructure and newly secured permits for drilling and reestablishing historical underground access.</p> <p>

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Energy Department Announces $1.9B Investment in Critical Grid Infrastructure to Reduce Electricity Costs

Energy Department Announces $1.9B Investment in Critical Grid Infrastructure to Reduce Electricity Costs

The U.S. Department of Energy's Office of Electricity has announced the approximately $1.9 billion SPARK funding opportunity, a targeted initiative to rapidly upgrade critical grid infrastructure through reconductoring and Advanced Transmission Technologies by August 2026. This investment aims to meet rising electricity demand, enhance grid reliability, and significantly reduce electricity costs for American households and businesses. For the mining sector, this represents a crucial development, promising improved operational efficiencies, support for electrification initiatives, and a more stable power supply vital for continuous operations and the expansion of critical mineral extraction.

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A2Gold secures 24 additional claims at Eastside Project in Nevada, US

A2Gold secures 24 additional claims at Eastside Project in Nevada, US

A2Gold has significantly expanded its footprint at the Eastside Gold Project in Nevada, USA, acquiring 24 additional unpatented lode mining claims covering 201 hectares. This strategic move, spurred by promising geophysical survey results from November 2025, aims to consolidate control over the mineral-rich Eastside trend and enhance exploration potential for oxide gold mineralization typical of the Walker Lane Trend. The expansion positions A2Gold to advance its 2026 exploration agenda, building on the project's existing 1.4 million ounces of inferred gold resources and reinforcing Nevada's status as a premier gold exploration jurisdiction.

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Resolute Mining approves Doropo Gold Project FID

Resolute Mining approves Doropo Gold Project FID

Resolute Mining, an Africa-focused gold producer, has formally approved the Final Investment Decision (FID) for its Doropo Gold Project in Côte d’Ivoire. This pivotal decision greenlights construction set to commence in the first half of 2026, marking a significant step towards Resolute's strategic goal of achieving over 500,000 ounces of annual gold production by the end of 2028. The project, located in the Bounkani Region, boasts an initial mine life of approximately 13 years and underscores the growing importance of West Africa in the global gold market.

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United States to Release 172 Million Barrels of Oil From the Strategic Petroleum Reserve

United States to Release 172 Million Barrels of Oil From the Strategic Petroleum Reserve

The United States, through the Department of Energy, announced on March 11, 2026, a substantial release of 172 million barrels from its Strategic Petroleum Reserve (SPR). This action, authorized by President Trump and part of a larger 400-million-barrel coordinated global release by 32 International Energy Agency (IEA) member nations, aims to lower energy prices and enhance global energy security. The U.S. plans to fully replenish its reserves with 200 million barrels within the next year at no cost to taxpayers, underscoring a proactive approach to strategic energy management.

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Fortescue’s Nascent Exploration acquires Alta Copper

Fortescue’s Nascent Exploration acquires Alta Copper

Fortescue, through its wholly-owned subsidiary Nascent Exploration, has completed the acquisition of all outstanding shares of Alta Copper, securing full ownership of the significant Cañariaco Copper Project in Northern Peru. The transaction, valued at approximately C$139 million, strategically enhances Fortescue's copper portfolio in a region known for its porphyry deposits, aligning with the company's growth and diversification strategy into critical minerals.

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Rio Tinto obtains $1.17bn for lithium project in Argentina

Rio Tinto obtains $1.17bn for lithium project in Argentina

Rio Tinto has secured a substantial $1.17 billion financing package to accelerate the development of its Rincon lithium project in Salta Province, Argentina. This critical funding, provided by a consortium of international financial institutions, underpins the $2.5 billion project's goal to produce 60,000 tonnes per annum of battery-grade lithium carbonate, commencing production in 2028 with a projected 40-year operational lifespan, significantly bolstering the global supply chain for electric vehicle batteries.

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Venezuela gains initial approval for new mining bill

Venezuela gains initial approval for new mining bill

Venezuela’s National Assembly has granted preliminary approval to a new mining bill, signaling an ambitious move to revitalize the nation's resource sector and attract foreign investment. The legislation, which aims to replace a nearly three-decade-old framework, seeks to bolster legal guarantees for investors, introduce independent mediation for dispute resolution, and open the door for capital into strategic mineral projects such as gold and bauxite. This development follows a high-profile visit by US Interior Secretary Doug Burgum to Caracas in early March 2026, and mirrors recent reform efforts in Venezuela’s oil sector, indicating a potential shift in the country's economic strategy amidst escalating global demand for critical minerals.

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