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West Wits to drill 17 holes at Bird Reef Central in Johannesburg

2026-10-27

West Wits Mining is embarking on a significant 17-hole diamond drilling program at its Bird Reef Central uranium-gold project in Johannesburg, South Africa, commencing by late November 2026. This 5,750-meter, three-stage initiative aims to establish an initial uranium mineral resource estimate and enhance the existing gold resource, with results anticipated progressively through the first half of 2027. Positioned within West Wits' existing Mining Right near its Qala Shallows operation, Bird Reef Central represents a strategic dual-commodity growth option for the company, capitalizing on the Witwatersrand Basin's rich endowment.

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Recent Articles

Energy Department Announces Over $125 Million for 63 Projects Across 16 States to Lower Energy Costs, Expand Electricity Access, and Advance Economic Development for America’s Tribal Communities

2026-10-27

The U.S. Department of Energy announced an unprecedented investment of over $125 million for 63 tribe-led energy projects across 16 states on October 22, 2026, marking the largest single allocation in the Office of Indian Energy's history. These projects aim to significantly reduce electricity costs, expand access to reliable power, and foster economic development within tribal communities, explicitly including the advancement of critical mineral projects. This strategic initiative holds substantial implications for the U.S. mining industry, offering potential for enhanced energy infrastructure, resource assessment, and the domestic sourcing of critical minerals.

John Crane signs three-year reliability deal with Saudi phosphate company

2026-10-27

John Crane, a leading flow-control technology company, has formalized a three-year managed reliability program with a major phosphate mining and fertilizer producer in Saudi Arabia, announced on October 27, 2026. This strategic agreement is designed to significantly enhance equipment reliability and reduce unplanned operational disruptions at the customer's remote sites, leveraging dedicated on-site expertise, fixed-fee seal overhauls, the establishment of a new workshop, and comprehensive technical training. The initiative underscores a critical industry focus on optimizing asset performance and managing maintenance expenditures more predictably in capital-intensive sectors.

Energy Fuels secures $126m loan for Donald Rare Earth Project

2026-10-27

Energy Fuels has secured conditional credit approval for up to A$180 million (approximately $126 million USD) in government-backed financing for Phase 1 of the Donald Rare Earth and Mineral Sands Project in Victoria, Australia. This crucial funding, from Export Finance Australia and the National Reconstruction Fund Corporation, is expected to form the bulk of a proposed A$200 million senior project finance debt facility, propelling the project closer to a final investment decision by the end of 2026 and strengthening a Western-aligned critical minerals supply chain.

Kazakhstan and Guyana Join International Coalition Calling for Delay of EU Methane Regulation

2026-10-26

Kazakhstan and Guyana have formally joined an international coalition, including Algeria, Nigeria, Qatar, and the United States, urging the European Union to delay and amend its Methane Regulation (EUMR). This growing alliance, representing a significant portion of Europe’s crude oil and natural gas imports, seeks to establish a pragmatic compliance framework that ensures regulatory certainty for energy suppliers while safeguarding Europe's energy security and competitiveness. The move highlights critical concerns regarding the EUMR's current framework and its potential impact on global energy trade.

Halo Minerals receives mining permit for Playa Verde project in Chile

2026-10-26

Halo Minerals, through its subsidiary Minera Playa Verde, has secured a crucial mining permit from Chilean authorities for its Playa Verde copper and gold tailings project. Granted via Exempt Resolution No. 473 by the Provincial Presidential Delegation of Chañaral, this authorization, issued under Article 17 No. 1 of the Chilean Mining Code, enables the extraction and processing of historic tailings at Chañaral beach, including within the urban area, marking a significant step towards the project's final investment decision.

Slam Exploration drills two holes at Moose Lake project

2026-10-26

Slam Exploration has successfully completed an initial two-hole diamond drill program totaling 224.5 meters at its Moose Lake Gold-Antimony-Silver Project in New Brunswick, Canada. This campaign, targeting the prospective 4.7-kilometer Moose Lake Fault Zone, follows promising trenching results that indicated high-grade antimony, gold, and silver mineralization, signaling significant potential for critical mineral discovery in the historically underexplored area. The company is currently awaiting assay results as it plans further investigations into metal zoning and extensions of the mineralized system.

Energy Department Authorizes Strategic Petroleum Reserve Exchange to Support Fuel Supply Stability

2026-10-25

The U.S. Department of Energy (DOE) authorized an emergency exchange of up to 400,000 barrels of crude oil from the Strategic Petroleum Reserve (SPR) to the Phillips 66 Lake Charles Refinery in Louisiana on October 23, 2026. This measure aims to stabilize regional transportation fuel supplies following a disruption, with the borrowed crude oil to be returned to the SPR with a premium at no cost to taxpayers. For the mining industry, this intervention underscores the critical importance of secure and stable energy supplies for operational continuity and cost management.

Energy Department Designates Helium as Critical Material to Strengthen American Manufacturing and Supply Chain Security

2026-10-24

In a move to fortify domestic manufacturing and secure critical supply chains, the U.S. Department of Energy (DOE) officially designated helium as a critical material on October 23, 2026. This decision, announced by Secretary of Energy Chris Wright, underscores helium's indispensable role in semiconductor production and advanced energy technologies, with global demand currently outpacing supply. The designation aims to leverage America's abundant helium resources, address refining capacity limitations, and streamline permitting to reduce reliance on foreign sources and bolster U.S. economic and national security.

Questcorp to acquire final 49% in North Island Project, Canada

2026-10-24

Questcorp Mining is set to acquire the remaining 49% interest in its North Island Copper Project in British Columbia, Canada, moving to 100% ownership. This strategic consolidation, involving a cash payment of C$110,000 and the issuance of 250,000 common shares, positions Questcorp for full operational control and streamlined development of the 1,168-hectare property, alongside its active exploration at the La Union Project in Mexico.

Thiess secures two five-year mining contracts in Mongolia

2026-10-24

Thiess, a global leader in contract mining, has secured two significant five-year contracts in Mongolia, encompassing underground services at Rio Tinto's Oyu Tolgoi copper-gold mine and Coal Handling and Preparation Plant asset management for Energy Resources' Ukhaa Khudag coal mine. These agreements solidify Thiess's long-standing presence in the crucial Mongolian mining sector, particularly highlighting its expanded role in Oyu Tolgoi's complex underground operations which will become its largest worldwide, and underscore its expertise across diverse commodities and operational challenges.