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Koryx Copper plans 80% stake in Zambia Copperbelt licences

2026-09-21

Koryx Copper is set to significantly increase its ownership in two promising Zambian Copperbelt exploration projects, Luanshya West and Mpongwe, from 51% to 80% through an amended agreement with World Class Mineral Ventures. This strategic move, valued at $200,000 in cash and 80,000 common shares, solidifies Koryx's control over key exploration assets in a globally vital copper region. The company has already initiated extensive fieldwork, including a 2,500-meter diamond drilling program at Luanshya West, underscoring its commitment to advancing these projects.

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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.

Energy Secretary Secures Mid-Atlantic Grid Due to Anticipated Stressed System Conditions

2026-09-18

The U.S. Department of Energy issued an emergency order on September 17, 2026, directing PJM Interconnection to stabilize the Mid-Atlantic power grid and prevent blackouts amidst forecasted hot weather and planned transmission outages. This temporary measure, in effect through September 18, 2026, highlights growing concerns over grid reliability, particularly the impact of intermittent renewable energy sources and the premature retirement of reliable power generation, posing significant operational and economic risks for power-intensive industries like mining.

Lahontan Gold signs agreement to acquire Emergent Metals

2026-09-18

Lahontan Gold announced on September 17, 2026, its agreement to acquire Emergent Metals, a move poised to consolidate its ownership of the pivotal West Santa Fe project and significantly expand its land position within Nevada's highly prospective Walker Lane trend. This all-share transaction, valued at C$0.115 per Emergent share, will eliminate approximately C$2.39 million in future payments and a 1% net smelter return royalty, while adding the strategic New York Canyon project and other valuable assets to Lahontan's portfolio.

Almonty and Sandvik’s WBH sign Spanish tungsten supply deal

2026-09-18

Almonty Industries has secured a multi-year, take-or-pay offtake agreement with Sandvik Group subsidiary Wolfram Bergbau und Hütten (WBH) for tungsten concentrate from the reprocessing of tailings at its Los Santos Mine in western Spain. This strategic deal, involving a conditional $3 million payment from WBH, aims to restart operations at the mine, providing critical EU-origin tungsten feedstock ahead of new US defense procurement regulations taking effect in January 2027. The agreement highlights a growing industry focus on supply chain provenance and resource recovery through reprocessing.