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Germanium Mining finalises initial private placement phase

2026-04-07

Germanium Mining has successfully concluded the initial phase of a non-brokered private placement, securing critical early-stage financing for its 2026 exploration initiatives at the fully owned Lac Du Km 35 property in Québec, Canada. This funding is poised to advance a systematic exploration program, including detailed airborne geophysical surveys and permit applications for drilling, aiming to identify and de-risk potential germanium resources essential for North America's strategic supply chain. The project targets an area known for a notable germanium showing and significant geological structures that could host further mineralization.

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Mayfair Gold to acquire three properties from Plato

2026-04-07

Mayfair Gold has significantly expanded its land holdings near its Fenn-Gib Gold Project in Timmins, Ontario, through the acquisition of three properties—Guibord, Marriott, and Holloway—from Plato Gold for C$2.5 million. This strategic move, announced on April 6, 2026, consolidates Mayfair’s position along the highly prospective Porcupine-Destor Fault Zone within the renowned Abitibi Greenstone belt, promising enhanced exploration leverage and critical infrastructure access for the proposed Fenn-Gib mine.

Mining operations resume at USAC’s Stibnite Hill property

2026-04-07

The United States Antimony Corporation (USAC) has recommenced mining activities at its Stibnite Hill property in Thompson Falls, Montana, significantly ahead of schedule due to unexpectedly mild winter conditions. This early restart, coupled with strategic operational enhancements and substantial government contracts totaling up to $272 million, underscores the growing national importance of domestic antimony production for critical mineral supply chain resilience and national defense.

United States Antimony restarts mining in Montana

2026-04-06

United States Antimony Corp. (UAMY) has officially resumed mining operations at its Stibnite Hill property in Montana, marking a significant step towards establishing the first fully integrated antimony supply chain outside of China and Russia. This restart, following a near five-month weather-related halt, is crucial for bolstering the United States' domestic supply of this critical mineral, vital for numerous defense and industrial applications. The company plans to process ore into concentrates at its Radersburg facility before smelting it into finished products at its Thompson Falls smelter, the only operational antimony smelter in the United States.

Top 50 mining companies power through Iran war – up $250 billion in 2026

2026-04-06

Despite global geopolitical tensions, particularly the US-Iran war, the world's leading mining companies demonstrated remarkable resilience in the first quarter of 2026. The MINING.COM TOP 50 miners collectively reached a market capitalization of $2.41 trillion, adding $250 billion year-to-date, signaling a strong performance across most commodities and a significant expansion of the exclusive $100-billion club. However, this overall positive trend masked mixed fortunes for individual companies, with strategic shifts and operational challenges leading to notable underperformance for some key players.

REalloys, USCM sign MoU on Sheep Creek rare earth project

2026-04-05

REalloys and U.S. Critical Materials (USCM) have signed a non-binding Memorandum of Understanding (MoU) for REalloys to obtain up to 10% of the heavy rare earth production from USCM's high-grade Sheep Creek project in Montana. This strategic partnership aims to establish a crucial domestic supply chain for critical minerals, including dysprosium, terbium, yttrium, and gallium, vital for U.S. strategic defense stockpiles and advanced technology applications, ahead of anticipated restrictions on Chinese rare earth procurement in 2027. The agreement underscores a significant step towards bolstering American critical mineral sovereignty and reducing reliance on foreign adversaries.

Underground mining safety: why accidents persist and what technologies help

2026-04-05

Underground mining continues to face significant safety challenges, particularly in areas with limited visibility such as intersections and blind corners, largely due to the inherent constraints of conventional safety systems and GNSS-denied environments. Emerging technologies like Vehicle-to-Everything (V2X) communication and advanced wearable devices are proving instrumental in enhancing real-time awareness and improving emergency response times. Despite these technological advancements, the critical importance of human oversight and robust safety protocols remains paramount for achieving safer operational environments.

Barrick warns of “significant increases” to budget, timeline for Pakistan copper project

2026-04-04

Barrick Mining has announced anticipated "significant increases" to the capital budget and timeline for its Reko Diq copper-gold project in Pakistan, following an earlier decision to slow development due to escalating security concerns in Balochistan and the broader Middle East. The Canadian miner, which operates Reko Diq as a 50/50 joint venture with Pakistani authorities, is extending its project review period until mid-2027 to comprehensively assess the evolving situation, capital requirements, financing, scope, and timeline for the Tier 1 asset.

‘Phytocapture’ from Kazakhstan Research Institute helps trap airborne dust near gold mine

2026-04-04

China's Zijin Mining, following its 2025 acquisition of RG Gold, is set to invest $500 million in a new processing plant in Kazakhstan, concurrent with RG Gold's progressive environmental initiatives. Central to this is the 'phytocapture' technology, developed by the Sustainable Kazakhstan Research Institute, which employs scientifically designed vegetative barriers to significantly reduce airborne dust emissions from open-pit gold mining operations near the Raygorodok deposit. This innovative approach, integrating supercomputer modeling and indigenous plant species, marks a significant step in sustainable mining practices in Central Asia and offers a blueprint for environmental stewardship within the global industry.

St Barbara receives $269.5m investment from Lingbao

2026-04-03

St Barbara has announced a significant milestone for its New Simberi Gold Project in Papua New Guinea, securing an A$389 million ($269.5 million) investment from Lingbao Gold Group. This capital injection, alongside the approval of the Final Investment Decision, fully funds St Barbara's 50% share of the project's construction costs, paving the way for a substantial expansion that is projected to double mining output to 20 million tonnes per annum and boost gold production to over 200,000 ounces annually. The development is expected to yield an A$0.5 billion gain for St Barbara, marking a strategic move to de-risk and unlock long-term value from the long-life, low-cost operation.

KGL Resources signs $300m agreement with Wheaton

2026-04-03

KGL Resources has secured a pivotal A$300 million precious metals purchase agreement (PMPA) with Wheaton Precious Metals International, earmarking funds for the construction and development of its Jervois Copper Project in Australia’s Northern Territory. This strategic financing, which includes a $275 million upfront stream payment and a $25 million cost overrun facility, marks Wheaton's inaugural streaming deal in Australia and positions KGL to become a significant copper producer with all necessary permits already in place.