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North Bay signs LoI to acquire Bendito Resources

2026-03-28

North Bay Resources has significantly expanded its footprint in the Mexican mining sector, signing a binding Letter of Intent on March 27, 2026, to acquire Bendito Resources for a cash payment of $25 million. This strategic, debt-free acquisition brings a portfolio of advanced exploration and near-term production assets in Sonora and Chihuahua, Mexico, including the fully permitted Oposura project and the expansive Alacran project, poised to dramatically enhance North Bay's operational capabilities and resource base. The move underscores North Bay's aggressive growth strategy, complementing its recent increase in ownership of the Bishop Gold Mill in California.

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NMG signs new graphite supply deal with Canadian Government

2026-03-28

Nouveau Monde Graphite (NMG) has advanced its Phase Two Matawinie Mine project in Québec by signing a revised, binding long-form term sheet with the Canadian Government. This landmark agreement secures the purchase of 30,000 tonnes per annum (tpa) of flake graphite concentrate on a take-or-pay basis for seven years, bolstering NMG's financial position and Canada's strategic imperative to establish a secure domestic supply chain for critical minerals essential to the electric vehicle (EV) battery sector.

Barrick slows operations at Reko Diq in Pakistan

2026-03-28

Barrick Gold Corporation has announced a slowdown in operations at its Reko Diq copper and gold project in Pakistan, citing intensified security challenges within the Balochistan province and the wider Middle East. This strategic adjustment includes a 12-month extension of its project review period until July 2027, despite Barrick’s continued conviction in the long-term value of one of the world's largest untapped copper-gold deposits. The decision introduces potential impacts on timelines and budgets for this significant joint venture with federal and provincial Pakistani entities.

DOE and GSA Announce Collaborative Effort for a New Headquarters for the U.S. Department of Energy

2026-03-27

The U.S. Department of Energy (DOE), in collaboration with the U.S. General Services Administration (GSA), announced today, March 26, 2026, its plan to relocate its headquarters from the James V. Forrestal Building to the Lyndon B. Johnson (LBJ) building. This strategic move, which involves the U.S. Department of Education vacating the LBJ building, is projected to save taxpayers over $350 million in deferred maintenance and modernization costs, aligning with the Trump Administration's broader initiative to streamline federal real estate and promote governmental efficiency. This relocation is significant for the mining industry as an optimized DOE operation can lead to more effective energy policies, critical minerals strategy, and R&D funding, ultimately impacting resource markets and supply chain resilience.

SER receives two Queensland exploration grants

2026-03-27

Strategic Energy Resources (SER) has secured over A$400,000 in grants from the Queensland Government's Collaboration Exploration Initiative (CEI) to advance drilling at its Diamantina Copper-Gold Project and Bulimba Gold Project. This funding, totaling A$275,000 for Diamantina and A$137,500 for Bulimba, is set to propel exploration efforts in critical minerals and precious metals within highly prospective regions of Queensland, underscoring the state's commitment to fostering new discoveries through supportive government programs. The Bulimba project is particularly notable for being the initial drilling phase under a non-binding joint venture agreement with Sumitomo Metal Mining Oceania (SMMO).

Lynas partners with LS Eco Energy for rare earth metal production

2026-03-27

Lynas Rare Earths has signed a framework agreement with LS Eco Energy, a subsidiary of LS Cable & System, to establish a strategic partnership for the production of rare earth metals. This collaboration involves LS Eco Energy constructing a new facility in Vietnam dedicated to processing Lynas' rare earth oxides into metal form, primarily for permanent magnet applications. The initiative, slated for March 26, 2026, aims to enhance the global rare earth supply chain by diversifying metallization capabilities outside traditional hubs, addressing critical demand for materials like metallised neodymium-praseodymium and heavy rare earths.

Energy Department Announces $50 Million Investment to Advance Affordable, Reliable, and Secure Energy for Tribes

2026-03-26

The U.S. Department of Energy’s Office of Indian Energy has unveiled a significant $50 million Notice of Funding Opportunity aimed at bolstering energy reliability, access, and affordability within Tribal communities. This initiative, announced on March 25, 2026, supports both community-scale and large-scale Tribal-led energy project development, reflecting the administration's commitment to strengthening Tribal economies and energy independence. The investment is poised to have notable implications for the mining industry, particularly concerning localized energy supply, operational stability, and the responsible development of critical mineral resources in regions near or on Tribal lands.

Oil monitoring and used oil analysis: Best practices for mining operations

2026-03-26

In the demanding world of mining, where operational efficiency directly impacts profitability and safety, the proactive strategies of oil monitoring and used oil analysis are proving indispensable. These preventative measures enable the early detection of equipment wear and contamination, significantly reducing downtime, mitigating repair costs, and safeguarding production capacity. As highlighted by industry insights on March 25, 2026, and exemplified by the comprehensive lubrication strategy deployed at Copper Mountain Mine in partnership with Petro-Canada Lubricants, strategic maintenance practices are critical for long-term operational resilience and asset protection in extreme mining environments.

Coppermoly acquires complete stake in Wyemandoo Project

2026-03-26

Coppermoly has strategically broadened its Australian exploration footprint by acquiring a 100% stake in the Wyemandoo Project in Western Australia, a move announced on March 25, 2026. This acquisition, involving tenements from Aldoro Resources and Altilium Metals, significantly expands Coppermoly's critical minerals portfolio, complementing its existing Queensland projects with a focus on high-grade rubidium, titanium, tantalum, and tungsten within a promising pegmatite fairway. The newly secured 259.25km² project holds compelling initial drill and rock chip results, positioning it for immediate, targeted exploration, including 1,500m of planned reverse circulation drilling.

New project launches and ramp-ups set to lift Indonesia’s cobalt output in 2026

2026-03-25

Indonesia is set to further solidify its position as a global cobalt powerhouse, with output projected to reach 59,800 tonnes in 2026, an impressive 21.2% annual growth. This surge is driven by the full ramp-up of existing high-pressure acid leach (HPAL) facilities and the imminent commencement of large-scale new projects, underpinned by strategic government policies and significant foreign investment, particularly from Chinese firms, aiming to develop a robust domestic electric vehicle (EV) supply chain.

Salar de Atacama expansion set to lift Chile lithium output in 2026

2026-03-25

Chile, the world's second-largest lithium producer, is poised for significant output increases, with production estimated to reach 67,300 tonnes in 2026, primarily driven by ongoing expansions at SQM's Salar de Atacama operations. This growth unfolds against a backdrop of sweeping policy changes, including the nationalization of the lithium industry under President Boric's administration and the establishment of a landmark joint venture between state-owned Codelco and SQM, fostering a new era of public-private partnerships in the nation's critical mineral sector. These strategic moves aim to secure Chile's battery minerals for a green energy transition while reshaping the investment landscape for global mining stakeholders.