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Brazil’s iron ore production to rise due to stronger Vale performance

2026-04-03

Brazil's iron ore production is poised for significant growth, driven primarily by robust performance from Vale S.A. and strategic expansions across other key mines. Following a 1.9% increase in 2025 to 437.2 million tonnes, the nation's output is projected to climb by an additional 5.9% in 2026, reaching 462.9 million tonnes, with a steady compound annual growth rate anticipated through 2035. This expansion underscores Brazil's enduring role as a critical supplier to the global steel industry, even as it navigates complex environmental, social, and governmental challenges.

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St Barbara receives $269.5m investment from Lingbao

2026-04-03

St Barbara has announced a significant milestone for its New Simberi Gold Project in Papua New Guinea, securing an A$389 million ($269.5 million) investment from Lingbao Gold Group. This capital injection, alongside the approval of the Final Investment Decision, fully funds St Barbara's 50% share of the project's construction costs, paving the way for a substantial expansion that is projected to double mining output to 20 million tonnes per annum and boost gold production to over 200,000 ounces annually. The development is expected to yield an A$0.5 billion gain for St Barbara, marking a strategic move to de-risk and unlock long-term value from the long-life, low-cost operation.

KGL Resources signs $300m agreement with Wheaton

2026-04-03

KGL Resources has secured a pivotal A$300 million precious metals purchase agreement (PMPA) with Wheaton Precious Metals International, earmarking funds for the construction and development of its Jervois Copper Project in Australia’s Northern Territory. This strategic financing, which includes a $275 million upfront stream payment and a $25 million cost overrun facility, marks Wheaton's inaugural streaming deal in Australia and positions KGL to become a significant copper producer with all necessary permits already in place.

Resolute, NMC sign MoU for gold exploration in Guinea

2026-04-02

Resolute Mining has forged a strategic, non-binding Memorandum of Understanding (MoU) with Guinea's Nimba Mining Company (NMC) to explore and potentially develop large-scale gold projects in the West African nation. Announced on April 1, 2026, this collaboration aligns with Resolute’s strategy to expand its growth pipeline in established gold regions and marks NMC’s first foray into the gold sector with an internationally listed partner, supported by the Guinean Ministry of Mines and Geology. The partnership aims to assess mineral resources, conduct geological studies, and develop plans for future gold production, with a preliminary assessment of identified areas expected within 90 days.

Orano CE to accept Kayelekera uranium concentrate

2026-04-02

Lotus Resources has secured a crucial confirmation from Orano Chimie-Enrichissement (Orano CE) for the acceptance of uranium ore concentrate from its Kayelekera project in Malawi at the Malvesi conversion facility in France. This pivotal development, following extensive qualification efforts, positions Lotus as a forthcoming global uranium supplier, with aims to reach full production capacity by the second quarter of 2026. The agreement facilitates initial shipments and provides strategic flexibility for Lotus in navigating global uranium markets and supply chains.

Latitude 66 concludes Phase 2 drilling at Laverton Gold Project

2026-04-01

Latitude 66 has successfully concluded its Phase 2 reverse circulation (RC) drilling program at the Laverton Gold Project in Western Australia, comprising 38 holes totaling 3,914 meters. The program focused on the Red Dog and Tin Dog prospects, aiming to extend existing mineralization and define new structural frameworks, building upon results from January 2026's Phase 1 drilling. The company now awaits assay results, which are anticipated to guide subsequent exploration phases and support its strategy for rapid resource growth.

Santana secures build slots for Bendigo-Ophir Project

2026-04-01

Santana Minerals has taken a significant step forward for its Bendigo-Ophir Gold Project in New Zealand, securing NZ$115 million ($65.8 million) worth of mining fleet build slots with Komatsu New Zealand. This critical agreement, which includes primary excavators and haul trucks under a leasing and support package, positions Santana as a prospective low-cost owner-operator, pending a crucial fast-track approval decision expected by October 2026. The move underscores the project's progression towards construction and future production, contingent on regulatory green light.

Trump Administration Keeps Colorado Coal Plant Open to Ensure Affordable, Reliable and Secure Power in Colorado

2026-03-31

In a significant move to bolster grid stability, U.S. Secretary of Energy Chris Wright issued an emergency order on March 30, 2026, directing the continued operation of Unit 1 at the Craig Station coal plant in Craig, Colorado, through June 28, 2026. This mandate overturns a previous plan for the unit's shutdown, underscoring the Trump Administration's commitment to prioritizing affordable, reliable, and secure electricity amidst concerns over potential blackouts and the impact of earlier "energy subtraction policies." The decision, which involves major utilities and grid operators, signals a notable reprieve for the coal mining sector, with over 17 gigawatts of coal-power generation reportedly saved in 2025.

Lachlan Star acquires gold project in Western Australia

2026-03-31

Lachlan Star has finalized its acquisition of the New Waverley Gold Project in Western Australia's highly prospective Norseman region, securing a 90% ownership stake from private prospector David Pascoe. The deal, which involved a A$150,000 cash payment and 12.5 million shares, positions Lachlan Star to commence a maiden diamond drilling program in the coming week. This strategic move aims to explore a largely un-drilled project area for high-grade gold mineralization leveraging recent geological refinements.

Metso secures contract for Tia Maria project in Peru

2026-03-31

Metso has secured a substantial €100 million ($115.06 million) contract from Southern Peru Copper Corporation for the supply of advanced Solvent Extraction and Electrowinning (SX-EW) technology for the Tia Maria project in Peru. This agreement, booked in Metso's Q1 2026 Minerals segment orders, will equip the new facility to produce 120,000 tonnes of high-purity LME Grade A copper cathodes annually, addressing the growing global demand for this critical metal.

Q&A: how mine tailings technologies will make liability lucrative

2026-03-30

Mine tailings, long viewed as an environmental and financial burden, are rapidly being re-evaluated as a significant source of critical minerals and a potential new revenue stream for mining operators. Driven by global demand for critical minerals, declining ore grades, and stringent environmental regulations, advanced reprocessing technologies are now transforming these historic liabilities into valuable assets. Initiatives like Canada's MICA Network are at the forefront, connecting innovative tech solutions with industry to unlock billions of dollars in dormant value, thereby addressing both resource security and environmental remediation.