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BHP suspends activities at Escondida mine after maintenance accident

2026-09-24

BHP has announced the immediate suspension of all activities at its Escondida copper mine in northern Chile, the world's largest copper producer, following a fatal accident during maintenance work on September 24, 2026. The incident, which involved a front-end loader and resulted in the death of an employee, triggers mandatory regulatory pauses for safety inspections, casting uncertainty on the restart timeline for this critical global copper supply source. The suspension comes just months after the mine secured an environmental permit for a significant $14.7 billion expansion project.

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Blue Moon Metals to acquire Turner deposit from Gold Coast Mining

2026-09-24

Blue Moon Metals has strategically acquired the Turner copper-gold volcanic massive sulphide (VMS) deposit from Gold Coast Mining, located near O’Brien, Oregon. This acquisition significantly expands Blue Moon’s critical metals portfolio in the Western US, adding polymetallic mineralization including copper, gold, zinc, silver, and cobalt to its growing asset base. The transaction, valued at approximately $31.7 million in cash and shares plus potential milestone payments, underscores Blue Moon’s focus on securing domestic supply for essential industrial and battery metals.

Mercuria pledges $500m to Project Vault minerals initiative

2026-09-24

Mercuria, a leading global commodity trader, has pledged a significant $500 million (SFr411.76 million) to Project Vault, now known as VaultCo, an initiative designed by the Export-Import Bank of the US (EXIM) to establish a strategic national stockpile of critical minerals. Revealed during the UN General Assembly summit in New York, this investment, alongside Glencore's participation as a founding partner, aims to fortify US industrial supply chains and reduce exposure to global market disruptions for essential materials vital to manufacturing, infrastructure, and energy sectors. The collaboration leverages the financial capacity of EXIM with the extensive trading, logistics, and sourcing expertise of its industry partners to enhance US critical mineral security.

Bridge Green, Hartree sign eight-year lithium agreement

2026-09-23

Bridge Green Upcycle and Hartree Partners have cemented an eight-year commercial agreement for the exclusive marketing of approximately 10,000 tonnes per annum of lithium carbonate derived from recycled batteries. Valued between $500 million and $1 billion, this landmark deal, effective September 22, 2026, includes an equity investment by Hartree in Bridge Green, signaling a significant push towards bolstering domestic US critical mineral supply chains and advancing the circular economy within the mining sector.

First Canadian Graphite completes Lac Guéret South phase two survey

2026-09-23

First Canadian Graphite has announced significant findings from its recently completed phase two airborne survey at the Lac Guéret South Graphite Project in Québec, Canada. The survey revealed multi-kilometre conductive trends extending well beyond previously identified mineralization, indicating a potentially much larger, district-scale graphite system. This development, highlighted by high-grade graphite samples and promising structural interpretations, positions the project as a key prospect in the evolving North American critical minerals landscape.

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.