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Eldorado produces first copper concentrate at Canada’s McIlvenna Bay

2026-06-09

Eldorado Gold has announced the successful production of its first copper concentrate from the McIlvenna Bay Project in east-central Saskatchewan, Canada, marking a significant step towards commercial production expected in Q3 2026. This development expands the company's Canadian footprint and diversifies its revenue base with critical copper and zinc production, alongside its established gold operations. With a nameplate capacity target of 4,900 tonnes per day, the project underscores Canada's role in advancing essential mineral assets and positions Eldorado Gold as a more resilient, multi-commodity producer.

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Recent Articles

United States and Japan Announce Historic $1 Billion Partnership Under President Trump’s Genesis Mission

2026-06-09

The United States and Japan have forged a landmark $1 billion strategic partnership under President Trump’s Genesis Mission, announced on June 4, 2026. This collaboration, making Japan the first international partner in the Genesis Mission, will see eleven joint scientific teams from leading U.S. and Japanese institutions tackle advancements in quantum information science, fusion energy, biotechnology, advanced materials, particle physics, and autonomous laboratory systems, with significant implications for the future of global science and industrial innovation, including the mining sector. The five-year investment, with $500 million from each nation, aims to accelerate discovery by harnessing AI and advanced computing, redefining scientific research for generations to come.

ABTC wins back $115m DoE grant for Tonopah Lithium refinery

2026-06-09

The American Battery Technology Company (ABTC) has successfully secured the reinstatement of a substantial $115 million grant from the U.S. Department of Energy (DoE), earmarked for the first phase of its commercial-scale lithium refinery at the Tonopah Flats Lithium Project in Nevada. This critical funding, initially terminated in October 2025, was restored following a successful appeal and rigorous review process, underscoring continued federal commitment to developing domestic battery-grade lithium production from claystone resources. The refinery is designed to produce 5,000 tonnes per annum of battery-grade lithium hydroxide, a cornerstone material for the burgeoning electric vehicle and energy storage sectors.

Scorpio Gold drills 1.27g/t gold over 45.23m at Goldwedge target

2026-06-09

Scorpio Gold has announced encouraging assay results from its Phase Two diamond drilling program at the Manhattan District Project in Nevada, highlighted by an intercept of 1.27 grams per tonne (g/t) gold over 45.23 meters in hole 26MN-086 at the Goldwedge target. These results, part of a broader 92-hole, 25,919-meter program, signal potential for significant volcanic-hosted gold mineralization beyond current resource estimates, drawing comparisons to large-scale systems like the nearby Round Mountain. The ongoing exploration, including a review of historic core, aims to define new mineralized zones and expand the project's economic viability in one of the world's premier gold mining jurisdictions.

Energy Department to Invest $350 Million to Build, Modernize, and Restart Coal Plants

2026-06-08

The U.S. Department of Energy (DOE) announced on June 4, 2026, the allocation of $350 million across four coal modernization and reliability projects, part of a larger $525 million initiative. These projects, located in Alaska, West Virginia, Puerto Rico, and Maryland, are projected to add or preserve approximately 3,565 megawatts (MW) of coal-fired generation capacity. This federal investment aims to strengthen baseload power generation, enhance grid reliability, and support the domestic coal industry, aligning with the administration's focus on energy security and affordability.

Silver X secures full ownership of Ccasahuasi gold project in Peru

2026-06-08

Silver X Mining has secured full ownership of the Ccasahuasi gold project in central Peru by acquiring the Lily 19 mining concession from Barrick Mining for $30,000, alongside an NSR royalty. This strategic acquisition adds an inferred mineral resource of 42,303 ounces of gold to Silver X’s portfolio, located just one kilometer from its producing Tangana mine, presenting significant operational synergies and exploration upside. The project, identified through limited drilling, remains open at depth and along strike, prompting plans for a comprehensive follow-up drilling program.

How DLE is turning oilfield wastewater into a valuable lithium source

2026-06-08

The accelerating energy transition is driving unprecedented demand for lithium, estimated to quadruple by 2035, necessitating innovative extraction methods beyond traditional mining. Direct Lithium Extraction (DLE) technologies are emerging as a transformative solution, capable of rapidly recovering lithium from unconventional sources like oilfield wastewater, geothermal brines, and seawater. This approach not only significantly reduces production timelines from months to days but also presents a unique opportunity for oil and gas operators to monetize existing waste streams, redefining their operational economics and contributing to a critical supply chain.

Energy Department to Use Defense Production Act Funding to Expand Coal Capacity at 13 Plants and Build Export Infrastructure

2026-06-07

The U.S. Department of Energy announced on June 4, 2026, a significant investment of up to $500 million in Defense Production Act (DPA) Title III funds to bolster domestic coal infrastructure. This funding includes $425 million for 12 American coal-fired power plants to enhance baseload power generation and an additional $75 million for the West Gateway Terminal Project in Oakland, California, aimed at expanding West Coast coal and bulk commodity export capacity to key Indo-Pacific allies. This strategic move underscores the administration's commitment to national security, strengthening energy supply chains, and reinforcing America's role in global energy exports.

The future of mining intelligence starts above the pit

2026-06-07

The global mining industry is undergoing a significant transformation driven by advanced technologies, with geospatial analytics emerging as a pivotal tool for enhancing operational intelligence. Sean Donegan, President and CEO of US-based Satelytics, highlighted on June 4, 2026, how this technology is revolutionizing critical aspects of mining by providing unparalleled insights into land movement, environmental risks, and unauthorized activities, fundamentally shifting how mines are monitored and managed from an aerial perspective. This development underscores a broader trend towards data-driven decision-making and proactive risk management within the sector, promising enhanced safety, efficiency, and environmental stewardship.

Locksley confirms REE mineralisation at El Campo, California

2026-06-07

Locksley Resources has confirmed significant neodymium and praseodymium-enriched rare earth element mineralisation at its El Campo prospect in California, strategically located just 5.5km south-east of MP Materials’ Mountain Pass Mine, the sole active rare earth operation in the US. Initial diamond drilling revealed high-grade intercepts, signaling potential for a larger Mountain Pass-style carbonatite system and offering a promising step towards bolstering America’s domestic critical mineral supply chain. These results, announced on June 5, 2026, underline the ongoing importance of regional exploration in critical mineral corridors.

Department of Energy Celebrates First Advanced Reactor Criticality

2026-06-06

Antares Nuclear’s Mark-0 advanced reactor successfully achieved zero-power fueled criticality at the U.S. Department of Energy's Idaho National Laboratory on June 4, 2026. This landmark event, the first privately developed non-light-water reactor criticality in the U.S. in over four decades, signals a critical step in the nation's nuclear renaissance, promising electricity generation by 2027 and setting new precedents for advanced reactor deployment and the nuclear fuel cycle. The achievement underscores significant governmental and private sector collaboration, with profound implications for future uranium demand and the broader mining supply chain.