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Battery Age stakes 46 new claims at Falcon Lake Lithium site

2026-07-23

Battery Age Minerals has significantly expanded its Falcon Lake Lithium Project in Ontario, Canada, by staking an additional 46 mineral claims, increasing its total landholding to approximately 60km² within the prospective Caribou Lake-O’Sullivan Greenstone Belt. This district-scale consolidation follows successful 2024 drilling that yielded high-grade lithium intercepts and revealed significant concentrations of other critical minerals, positioning Falcon Lake as a key asset for future battery mineral supply. The expansion paves the way for a comprehensive 2026 fieldwork program aimed at identifying new drilling targets and enhancing geological understanding amidst growing demand for lithium and associated critical minerals.

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Recent Articles

United States and Saudi Arabia Reach Historic Nuclear Cooperation Agreement

2026-07-23

In a landmark development for the international energy landscape, the United States and Saudi Arabia formally established a peaceful nuclear cooperation framework on July 22, 2026. U.S. Secretary of Energy Chris Wright and Saudi Minister of Energy HRH Prince Abdulaziz bin Salman signed a 123 agreement and an accompanying bilateral safeguards agreement, paving the way for a multi-billion-dollar, decades-long partnership. This accord is poised to significantly expand American nuclear technology exports, create high-paying U.S. jobs, and, crucially for the mining sector, signal a substantial long-term increase in global uranium demand.

BMO Capital Markets leads M&A financial advice in mining for H1 2026

2026-07-23

BMO Capital Markets has solidified its position as the top financial advisor for mergers and acquisitions in the global metals and mining sector for the first half of 2026, leading both in deal value and volume. The North American investment bank provided advisory services for 13 significant transactions totaling $17.9 billion, marking a substantial year-over-year increase driven by its involvement in multiple billion-dollar deals. This repeated leadership highlights a dynamic period for mining M&A, underscoring the strategic importance of expert financial counsel in complex industry transactions.

Rio Tinto signs bio pellet supply deal with SCL for refineries in Queensland

2026-07-23

Rio Tinto has signed a five-year offtake agreement with Australian firm SuperChar (SCL) for bio pellets, commencing deliveries in 2028, to be used in its alumina refineries in Gladstone, Queensland. This strategic move, following successful operational trials and a feasibility study, aims to replace a portion of the coal used in steam generation, with the potential to significantly reduce Scope 1 carbon emissions by up to 90,000 tonnes annually. The initiative underscores Rio Tinto's commitment to decarbonizing its energy-intensive alumina production and supports the development of new agricultural-industrial supply chains in Queensland.

Energy Secretary Secures Grid Amid Period of Hot Weather

2026-07-22

The U.S. Department of Energy (DOE) issued an emergency order to the Southwest Power Pool (SPP) on July 21, 2026, to prevent blackouts amid severe hot weather conditions, authorizing the dispatch of backup generation. This critical intervention, championed by Secretary Chris Wright, underscores the Trump Administration's focus on grid reliability following a national energy emergency declaration. For the mining sector, an energy-intensive industry, such measures are vital for operational stability, safety, and economic viability amidst escalating power demands and infrastructure challenges.

Eramet and Gabon sign MoU to boost local manganese ore processing

2026-07-22

Eramet, its subsidiary Eramet Comilog, and the Gabonese Republic have formalized a landmark Memorandum of Understanding aimed at significantly boosting local manganese ore processing within Gabon. This strategic alliance, signed in Paris, outlines a detailed roadmap to evaluate three distinct industrial projects, with the ambitious goal of transforming up to 700,000 tonnes per annum of manganese ore by 2031, targeting both the battery and steel sectors. The initiative underscores Gabon's commitment to industrial diversification and value addition from its rich mineral resources, backed by Eramet's long-term commitment to the region.

Eagle Mountain and Nittetsu Mining to assess new mineral projects

2026-07-22

Eagle Mountain Mining and Japan's Nittetsu Mining have signed a non-binding Memorandum of Understanding (MoU) on July 21, 2026, to jointly identify and assess new mineral projects. Building on their existing partnership at the Oracle Ridge Project in Arizona, US, the collaboration will focus predominantly on copper, gold, lead, lithium, nickel, silver, and zinc across various project stages in Australia and North America. This strategic alliance aims to leverage shared expertise and capital in an increasingly competitive global mining landscape, highlighting a growing trend towards collaborative growth and resource security.

Perenti’s AMS to sell mining fleet to AngloGold Ashanti

2026-07-21

Perenti’s subsidiary, African Mining Services (AMS), operating as the AMAX joint venture, has reached an agreement to sell its mining fleet at the Iduapriem Gold Mine in Ghana to AngloGold Ashanti. This strategic move, which involves a transition period of approximately six months from July 17, 2026, marks the evolution of Perenti's contract mining portfolio, offering capital recycling opportunities from anticipated sale proceeds of A$30-A$40 million. For AngloGold Ashanti, the acquisition signals a potential shift in operational strategy towards greater integration and control at its significant Ghanaian asset.

Culpeo Minerals expands Chile landholding by 45% with new licences

2026-07-21

Culpeo Minerals has significantly expanded its footprint in Chile, increasing its total landholding by 45% to 9,033 hectares through the acquisition of 24 new exploration licences across its Lana Corina and Fortuna projects. This strategic move aims to strengthen the company’s position around established copper-gold mineralisation areas, supporting its objective of building a district-scale portfolio in the resource-rich nation. Ongoing exploration programs, including induced polarisation surveys and diamond drilling at the El Quillay South prospect with initial assay results expected by August 2026, are actively advancing these newly expanded areas.

Hillgrove’s Emily Star development at Kanmantoo gets approval

2026-07-20

Hillgrove Resources has secured board approval for the Emily Star underground development at its Kanmantoo Copper Mine in South Australia, marking it as the site’s third underground operation. This A$20m-22m expansion, slated to commence stoping in the second half of 2027 and funded entirely by internal cash flow, is poised to bolster operational flexibility, replace output from existing areas, and sustain the mine’s two-million-tonne annual processing rate. The project underscores Hillgrove’s strategic focus on unlocking the full value of the Kanmantoo system amidst rising copper demand.

Vizsla Copper reports phase one drill results at Thira Discovery

2026-07-20

Vizsla Copper has reported significant phase one drill results from its Thira porphyry discovery within the Poplar Project in central British Columbia, Canada. Drill hole TH26-154 returned a robust 472.8 meters at 0.40% copper equivalent, indicating a substantial mineralized footprint of approximately 800m by 900m. These findings, along with promising results from Camp Lake and Copper Pond targets, are setting the stage for an aggressive phase two drill program planned for late July 2026, aimed at further defining this large-scale copper-molybdenum system.