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Sunshine Silver increases Idaho holdings by 14,100 acres

2026-09-22

Sunshine Silver Mining & Refining has significantly expanded its land holdings in Idaho’s historic Silver Valley by 14,100 acres, bringing its total to approximately 38,000 acres. This 60% increase is coupled with the launch of a multi-year, district-scale exploration program, involving 45,000 meters of surface drilling, targeting high-potential areas identified through recent fieldwork. Concurrently, the company is advancing a 50,000-meter underground drilling program at its flagship Sunshine Mine, aiming to upgrade resources for a planned 2027 feasibility study, underscoring its strategic intent to unlock the full potential of this prolific US silver district.

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Recent Articles

Energy Department Announces $99 Million for 21 Projects to Advance U.S. Geothermal Energy Development

2026-09-22

The U.S. Department of Energy (DOE) announced on September 21, 2026, over $99 million in funding for 21 projects aimed at advancing geothermal energy development across the United States. This significant investment will support field-scale tests of next-generation enhanced geothermal systems (EGS) technologies and crucial exploration drilling to identify and characterize promising geothermal resources, ultimately bolstering American energy security and reliability. The initiative underscores the shared technological and supply chain needs between the burgeoning geothermal sector and the established mining industry, presenting new opportunities for collaboration and innovation.

Capstone Copper to sell Cozamin mine for up to $385m

2026-09-22

Capstone Copper has announced a definitive agreement to sell its Cozamin copper-silver-zinc-lead mine in Zacatecas, Mexico, to Luca Mining for up to $385 million. This strategic divestiture, expected to close in Q4 2026, will significantly bolster Capstone's balance sheet and enhance financial flexibility, empowering the company to advance its extensive growth pipeline, including projects like Mantoverde Optimised in Chile. The transaction underscores a growing trend of portfolio optimization within the global mining sector, allowing producers to streamline operations and focus capital on core assets with higher growth potential.

Artemis Gold to acquire Vista Gold for $427m

2026-09-22

Artemis Gold has announced a definitive agreement to acquire Vista Gold in an all-share transaction valued at approximately $427 million, granting Artemis ownership of the feasibility-stage Mt Todd gold project in Australia’s Northern Territory. This strategic acquisition, expected to close in January 2027, is poised to significantly bolster Artemis Gold’s resource pipeline, aligning with its ambitious goal of achieving one million ounces of gold production per year, complementing its ongoing Blackwater development in Canada.

Trump Administration Moves to Keep Indiana Coal Plants Operating to Support Grid Reliability

2026-09-21

The U.S. Department of Energy, under Secretary Chris Wright, issued emergency orders on September 19, 2026, compelling Northern Indiana Public Service Company (NIPSCO), CenterPoint Energy, and the Midcontinent Independent System Operator (MISO) to keep two Indiana coal-fired power plants operational. The R.M. Schahfer and F.B. Culley generating stations, originally slated for retirement at the end of 2025, have been deemed critical for maintaining grid reliability and preventing blackouts in the Midwest through December 18, 2026, particularly during periods of high demand and low intermittent renewable generation.

Tertiary Minerals reports high-grade mineralisation at Mushima North

2026-09-21

Tertiary Minerals has reported significant high-grade silver-copper-zinc mineralization at its Mushima North Project in Zambia, stemming from its Phase 4 reverse circulation drill program. Results from 29 of 39 holes delineate a substantial 400m by 150m high-grade zone at Target A1's Discovery Zone, which remains open along strike and at depth. This development, supported by a technical cooperation agreement with First Quantum Minerals, paves the way for a mineral resource estimate by year-end, signaling potential for a significant new polymetallic deposit in a key African mining jurisdiction.

Beyond the purchase price – the true cost of mining engines

2026-09-21

A recent analysis by Rolls Royce Mining, published on September 21, 2026, highlights that the initial purchase price of an engine represents only a fraction of its true cost over its operational lifespan within a mining haul truck fleet. The study emphasizes that factors such as fuel consumption, maintenance, overhaul intervals, and the critical impact of downtime significantly determine an engine's total cost of ownership, advocating for a holistic evaluation beyond upfront capital expenditure.

Energy Secretary Secures Carolinas’ Grid Amidst Hot Weather Conditions

2026-09-20

The U.S. Department of Energy (DOE) issued an emergency order on September 18, 2026, authorizing Duke Energy Carolinas, LLC to dispatch specified and backup generation resources to avert blackouts in North and South Carolina amid hot weather conditions. This directive, effective through September 21, 2026, underscores growing concerns about grid stability and the adequacy of baseload power as intermittent renewable sources expand, directly impacting energy-intensive industries like mining. U.S. Secretary of Energy Chris Wright highlighted the vulnerability of the grid to "energy subtraction policies" and emphasized the administration's commitment to utilizing all available tools to ensure reliable electricity access for American families and businesses.

Syntax launches SAP-based maintenance budgeting tool for mining

2026-09-20

Syntax has introduced its new SAP-based maintenance cost budgeting solution, Syntax Maintenance Cost Budgeting, designed to transform how mining companies manage their operational expenditures. Developed in partnership with SAP, this tool integrates with SAP Cloud ERP to provide real-time visibility and predictive analytics for maintenance costs, moving away from traditional manual methods. The solution aims to enhance financial oversight, improve planning, and support more informed decision-making across the complex, multi-site operations characteristic of the global mining sector.

American Lithium starts operations at Falchani pilot plant in Peru

2026-09-19

American Lithium Corp. has successfully initiated operations at its Falchani Lithium Project pilot plant in Lima, Peru, marking a significant step forward for the volcanic-hosted lithium deposit. The facility, which is currently processing mineralisation, has already demonstrated an impressive average lithium recovery rate of 88.7% in semi-continuous tests, exceeding the 80% target established in the company's February 2024 preliminary economic assessment. This development underscores the project's potential to become a key supplier of battery-grade lithium carbonate, leveraging a comparatively simple processing flowsheet due to the ore's low impurity profile.

Empress Royalty signs $62m Tongon gold stream deal

2026-09-19

Empress Royalty, through its subsidiary Empress Holdings, has executed a significant gold stream purchase agreement for an interest in the Tongon Gold Mine in Côte d’Ivoire, involving an upfront cash payment of $62 million. This strategic acquisition is set to substantially boost Empress Royalty's gold ounces, revenue, and cash flow, leveraging a robust credit facility to secure a stake in a proven producer with over 3 million ounces of historical output. The complex, multi-tiered streaming deal, announced on September 18, 2026, positions Empress for long-term growth and enhanced value creation within the global mining investment landscape.