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Copper Mining News

70 articles about copper mining

Glencore secures approval for MARA project in Argentina

Glencore has secured a pivotal approval for its Minera Agua Rica – Alumbrera (MARA) project in Argentina under the nation's new Incentive Regime for Large Investments (RIGI). This strategic development, announced on October 5, 2026, accelerates the timeline for first copper production from the Alumbrera mine restart to the second half of 2027, underpinning Argentina's ambition to become a leading global copper producer and signaling renewed confidence in its investment climate for major mining ventures. The MARA project is poised to deliver over 200,000 tonnes per annum of copper in concentrate for its initial decade of operation, leveraging existing infrastructure and fostering significant regional employment.

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PMET and Matagami sign LoI for spodumene rail trans-shipment

PMET Resources and the City of Matagami, Québec, have signed a Letter of Intent (LoI) on October 5, 2026, to establish a critical spodumene concentrate trans-shipment facility. This agreement is a pivotal step for PMET's wholly-owned Shaakichiuwaanaan Project, outlining a logistics plan that involves trucking concentrate to Matagami for onward rail transport to port, significantly advancing the project's infrastructure development and de-risking its path towards a final investment decision. The collaboration underscores Québec's growing importance in the North American critical minerals supply chain, particularly for electric vehicle battery components.

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Wildsky signs LoI for Zimbabwe’s NewRidge Gold Project

Canadian exploration firm Wildsky Resources has signed a binding Letter of Intent (LoI) to acquire a full interest in the NewRidge Gold Project in Zimbabwe's Manicaland Province, along with an option for three adjacent mining claims. This strategic move, announced on October 5, 2026, positions Wildsky within the geologically prospective Odzi-Mutare-Manica greenstone belt, enhancing its African mineral portfolio and signaling continued investment interest in Zimbabwe's gold sector. The transaction involves significant cash payments and share issuances to Golden Cube Mining, the current holder, contingent on due diligence and regulatory approvals.

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Epiroc secures order from Sibanye-Stillwater for South African mine

Epiroc has secured a significant order from Sibanye-Stillwater to supply advanced underground mining equipment for the Siphumelele platinum shaft in Rustenburg, South Africa. This strategic investment, featuring low-profile loaders and versatile utility vehicles, is a cornerstone of Sibanye-Stillwater's initiative to mechanise operations, aiming to enhance safety, boost productivity, and extend the mine's operational lifespan. The agreement underscores a critical industry trend towards modernised mining techniques in challenging narrow-vein environments, reflecting a commitment to sustainable resource extraction and operational efficiency.

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NSW approves HVO coal mine continuation with conditions

<p><br /> New South Wales' Independent Planning Commission has approved the continuation of Hunter Valley Operations' (HVO) North and South open-cut coal mines, extending their operational lives to 2045 and 2042, respectively. The approval is contingent upon strict conditions aimed at mitigating greenhouse gas emissions, including requirements for Scope 3 management, renewable energy integration, and limiting exports to countries with Paris Agreement-consistent reduction policies. This decision, following extensive public consultation and regulatory review, highlights the complex balance between economic benefits and environmental stewardship in Australia's vital mining sector.</p> <p>

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Energy Department Announces Up to $400 Million for Basic Research to Advance the Frontiers of Science

The U.S. Department of Energy announced on October 1, 2026, an annual funding opportunity of up to $400 million for basic scientific research, aligned with President Trump’s Executive Order “Restoring Gold Standard Science.” This significant investment, aimed at strengthening America’s scientific and technological leadership across multiple disciplines, holds profound, albeit often indirect, implications for the mining industry. By fostering breakthroughs in areas such as advanced computing, materials science, and isotope research, this funding is poised to drive future innovations that will enhance operational efficiency, sustainability, and resource security within the global mining sector.

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Bell Bay Aluminium to continue operations until 2031

Rio Tinto's Bell Bay Aluminium smelter in northern Tasmania has secured its operational future until at least December 31, 2031, through a landmark agreement with the Australian and Tasmanian governments. This extension, supported by ongoing energy provision from Hydro Tasmania and additional government assistance, aims to bolster the smelter's competitiveness and preserve 550 direct jobs. The agreement arrives as Rio Tinto navigates complex environmental and social challenges, highlighted by a significant legal claim against its QIT Madagascar Minerals operation.

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ACDC Metals gains BLM permits for Mount Jackson drill campaign

ACDC Metals has secured vital environmental permitting approval from the US Bureau of Land Management (BLM) for its Mount Jackson gold-silver project in Nevada, paving the way for a maiden drilling campaign and a geophysical survey. This significant milestone, announced on October 1, 2026, allows the company to proceed with a 12 line-kilometre controlled source audio magnetotellurics (CSAMT) survey in October 2026 and up to 2,500 meters of reverse circulation (RC) drilling targeting the Pegasus and 3 Shaft zones in Q4 2026. The project, located in the geologically rich Walker Lane mineral belt, aims to build upon historical mineralization results and validate the understanding of the precious metals system.

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Solar, wind and tidal for renewable fuels: what the research says

As global industries intensify their decarbonization efforts, particularly in hard-to-abate sectors like heavy transport and industrial processes, research into low-carbon fuels derived from renewable energy sources is gaining critical momentum. This article explores cutting-edge innovations across solar, wind, and tidal energy, focusing on their potential to produce green hydrogen, ethanol, and synthetic fuels without relying on fossil fuels or traditional electrolyzers. We delve into the work of leading researchers and facilities, examining the technical advancements, economic implications, and strategic importance of these developments for the mining sector's sustainability journey.

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Lynas agrees to buy Meteoric Resources in $674m all-share deal

Lynas Rare Earths has agreed to acquire Meteoric Resources in an all-share deal valued at approximately $674 million, gaining access to the significant Caldeira ionic clay rare earth project in Brazil. This strategic acquisition is set to bolster Lynas's resource base, diversify its operations outside Australia, and strengthen its position in the global supply chain for critical rare earth elements, including neodymium-praseodymium and dysprosium-terbium oxides, vital for high-tech industries. The deal underscores the industry's drive to secure stable, non-Chinese sources of these essential materials.

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The United States Energy Department Continues Execution of Strategic Reserve Release Commitments

The U.S. Department of Energy (DOE) announced on September 29, 2026, a Request for Proposal for an exchange of up to 40 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). This action is part of the ongoing U.S. commitment to stabilize global oil markets and contribute to the 400-million-barrel release coordinated by the International Energy Agency. The exchange mechanism, which requires participating companies to return more oil than they borrow, simultaneously bolsters immediate supply and strengthens the SPR's long-term inventory without taxpayer expense.

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Hertha Metals raises $133m to build iron plant in US

Hertha Metals has secured $133.65 million in Series A funding, including a substantial $65 million equity investment from the US Government, to construct a pioneering high-purity iron plant in the United States. This facility, named Hertha Chalyx, will utilize the company's innovative Flex-HERS process to produce 10,000 tonnes of magnet-grade and steel-grade iron annually, critically addressing the nation's reliance on imported materials for rare-earth magnets essential to defense and technology sectors. The project aims to establish a robust domestic supply chain, promising reduced production costs and significantly lower emissions compared to traditional blast furnace methods.

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Jaguar gains approval for La Rosada in Argentina

Jaguar Uranium has secured crucial environmental approval for exploration activities at its La Rosada prospect in Argentina’s Chubut Province, a significant step forward for its flagship Laguna Salada uranium and vanadium project. This permit authorizes work across 59,895.3 hectares, representing the largest single exploration area approved within the 230,000-hectare project to date. The approval positions Jaguar to commence fieldwork following the winter season, applying systematic geochemical sampling, geological mapping, and advanced geophysical surveys to identify potential deep fluvial paleochannels.

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CoTec, Copper Intelligence sign agreement for DRC tailings

<p></p> <p>CoTec and Copper Intelligence have formalized a definitive joint venture agreement, announced on September 30, 2026, aimed at processing historical copper tailings across the Democratic Republic of Congo (DRC), particularly within its renowned Central African Copperbelt. This strategic alliance seeks to unlock significant value from decades of accumulated mining waste, leveraging CoTec’s specialized technologies and rigorous due diligence processes to recover critical copper resources. The initiative aligns with a growing industry trend towards sustainable resource recovery and addresses the increasing global demand for copper, positioning the DRC as a key player in the circular economy for base metals.</p> <p>

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Troilus secures $850m credit-approved debt commitments

Troilus Mining has secured an $850 million (C$1.21 billion) credit-approved debt commitment from KfW IPEX-Bank and Société Générale, a critical step towards fully funding its Troilus Gold-Copper Project in Québec, Canada. This commitment forms the core of a planned $1.1 billion total debt package, which includes a proposed $250 million from Export Development Canada, subject to final internal approvals. The financing features a three-year repayment grace period during construction and a ten-year, cash flow-aligned amortization, signaling a significant de-risking for the project and a milestone for the company.

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Fortescue produces first hot metal at Christmas Creek project

<p></p> <p>Fortescue Metals has achieved a significant milestone by producing its first hot metal at the Christmas Creek Green Metal Project in Western Australia, marking a crucial step towards low-emission iron production. Utilizing an electric direct reduced iron (DRI) smelting furnace supplied by Metso, the project aims to evaluate advanced technologies for processing local iron ore fines with significantly reduced carbon emissions. This development signals Australia's strategic pivot from being solely an iron ore exporter to a future producer of high-value, green metal, with substantial implications for the global steel industry's decarbonization efforts.</p> <p>

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Energy Department Advances U.S. Energy Priorities at G20 Energy Abundance Ministerial

The U.S. Department of Energy, in collaboration with the White House National Energy Dominance Council and other key agencies, hosted the G20 Energy Abundance Ministerial in Houston, Texas, from September 14-16, 2026. This pivotal event centered G20 discussions on ensuring affordable, reliable, and secure energy through the affirmation of hydrocarbons, nuclear power, and advanced technologies, resulting in consensus on crucial areas including energy access, supply chain security, and infrastructure development. The ministerial also saw significant private sector investment announcements, underscoring a strategic shift towards diversified and robust global energy frameworks with direct implications for the mining sector's role in providing essential raw materials.

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Montage Gold delivers first gold pour at Koné mine

Montage Gold has announced the successful first gold pour at its Koné mine in Côte d’Ivoire, achieving this significant operational milestone ahead of its initial target date of the second quarter of 2027 and within budget. The project, which has processed over 400,000 tonnes of ore to yield approximately 1,140 ounces of gold, is set to ramp up its oxide circuit to commercial production by the end of 2026, while concurrently advancing the construction of its hard-rock comminution circuit. This early production, alongside substantial resource increases and robust local employment initiatives, positions Koné as a rapidly developing asset in West Africa's burgeoning gold sector.

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OceanaGold reveals assay results from Wharekirauponga drilling

OceanaGold has unveiled exceptionally high-grade assay results from its Wharekirauponga prospect in New Zealand, with intercepts including 6.3m at 97.2 grams per tonne (g/t) gold. These findings, stemming from expanded drilling activity, significantly enhance the potential to upgrade mineral resources within the East Graben (EG) Vein. Concurrently, the company reported steady progress at its Waihi North Project, with underground development and infrastructure construction on track, culminating in an anticipated National Instrument 43-101 compliant technical report for the entire Waihi District in January 2027.

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Americas Uranium finalises 100% acquisition of Treeline project in US

Americas Uranium has successfully finalized its 100% acquisition of the Treeline uranium property in New Mexico, marking a pivotal expansion into a historically significant US uranium jurisdiction. The transaction, involving cash payments, an initial share issuance, and future staged share considerations totaling C$2 million, positions Americas Uranium to actively advance exploration on the multi-area property. This strategic move underscores the growing industry focus on securing domestic uranium resources amidst a strengthening global nuclear energy outlook and reflects a commitment to leveraging New Mexico's rich uranium legacy.

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Talisman Metals acquires three new licences at Tirzzit Copper Project

Talisman Metals has significantly expanded its Tirzzit Copper Project in Morocco, acquiring three new exploration licenses adjacent to its existing permits. This 2.8-fold expansion, covering an additional 47km², boosts Talisman's total exploration footprint to 63.5km² within a geologically prospective region known for sediment-hosted stratiform copper-silver systems. The strategic move positions the company for extensive exploration activities over the next four years, leveraging Morocco's supportive mining policy and the area's rich mineralization potential.

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Rainbow agrees Phalaborwa offtake framework with Neo Performance

<p></p> <p>Rainbow Rare Earths has entered into a significant Memorandum of Understanding (MoU) with Neo Performance Materials, a rare earth separation technology specialist, for its Phalaborwa project in South Africa. This agreement outlines technical support, design input for the crucial solvent extraction (SX) separation circuit, and a strategic offtake arrangement for separated neodymium-praseodymium oxide and mixed heavy rare earth carbonate products. The collaboration marks a critical step forward for the Phalaborwa project, which aims to extract valuable rare earth elements from phosphogypsum waste, positioning it as a key contributor to diversified and sustainable global rare earth supply chains.</p> <p>

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Elmet to buy 4.99% interest in Masan High-Tech Materials for $2.5bn

The Elmet Group, a leading US-based supplier of tungsten alloys, has announced a significant strategic investment to acquire a 4.99% equity stake in Vietnam’s Masan High-Tech Materials for an implied valuation of $2.5 billion. This transaction, expected to close in early October 2026, is complemented by multi-year agreements that commit Masan High-Tech Materials to supply 1,250 tonnes per annum of tungsten trioxide-equivalent products to the US market for eight years, valued at an estimated $1.5 billion in gross revenue. This alliance is poised to strengthen American critical material supply chain security and industrial resilience, leveraging Masan's integrated mining and refining capabilities.

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Blue Moon Metals to acquire Turner deposit from Gold Coast Mining

<p><br />Blue Moon Metals has strategically acquired the Turner copper-gold volcanic massive sulphide (VMS) deposit from Gold Coast Mining, located near O’Brien, Oregon. This acquisition significantly expands Blue Moon’s critical metals portfolio in the Western US, adding polymetallic mineralization including copper, gold, zinc, silver, and cobalt to its growing asset base. The transaction, valued at approximately $31.7 million in cash and shares plus potential milestone payments, underscores Blue Moon’s focus on securing domestic supply for essential industrial and battery metals.</p> <p>

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Mercuria pledges $500m to Project Vault minerals initiative

Mercuria, a leading global commodity trader, has pledged a significant $500 million (SFr411.76 million) to Project Vault, now known as VaultCo, an initiative designed by the Export-Import Bank of the US (EXIM) to establish a strategic national stockpile of critical minerals. Revealed during the UN General Assembly summit in New York, this investment, alongside Glencore's participation as a founding partner, aims to fortify US industrial supply chains and reduce exposure to global market disruptions for essential materials vital to manufacturing, infrastructure, and energy sectors. The collaboration leverages the financial capacity of EXIM with the extensive trading, logistics, and sourcing expertise of its industry partners to enhance US critical mineral security.

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BHP suspends activities at Escondida mine after maintenance accident

BHP has announced the immediate suspension of all activities at its Escondida copper mine in northern Chile, the world's largest copper producer, following a fatal accident during maintenance work on September 24, 2026. The incident, which involved a front-end loader and resulted in the death of an employee, triggers mandatory regulatory pauses for safety inspections, casting uncertainty on the restart timeline for this critical global copper supply source. The suspension comes just months after the mine secured an environmental permit for a significant $14.7 billion expansion project.

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Bridge Green, Hartree sign eight-year lithium agreement

<p><strong></strong></p> <p>Bridge Green Upcycle and Hartree Partners have cemented an eight-year commercial agreement for the exclusive marketing of approximately 10,000 tonnes per annum of lithium carbonate derived from recycled batteries. Valued between $500 million and $1 billion, this landmark deal, effective September 22, 2026, includes an equity investment by Hartree in Bridge Green, signaling a significant push towards bolstering domestic US critical mineral supply chains and advancing the circular economy within the mining sector.</p> <p><strong>

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Energy Department Announces $99 Million for 21 Projects to Advance U.S. Geothermal Energy Development

The U.S. Department of Energy (DOE) announced on September 21, 2026, over $99 million in funding for 21 projects aimed at advancing geothermal energy development across the United States. This significant investment will support field-scale tests of next-generation enhanced geothermal systems (EGS) technologies and crucial exploration drilling to identify and characterize promising geothermal resources, ultimately bolstering American energy security and reliability. The initiative underscores the shared technological and supply chain needs between the burgeoning geothermal sector and the established mining industry, presenting new opportunities for collaboration and innovation.

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Capstone Copper to sell Cozamin mine for up to $385m

Capstone Copper has announced a definitive agreement to sell its Cozamin copper-silver-zinc-lead mine in Zacatecas, Mexico, to Luca Mining for up to $385 million. This strategic divestiture, expected to close in Q4 2026, will significantly bolster Capstone's balance sheet and enhance financial flexibility, empowering the company to advance its extensive growth pipeline, including projects like Mantoverde Optimised in Chile. The transaction underscores a growing trend of portfolio optimization within the global mining sector, allowing producers to streamline operations and focus capital on core assets with higher growth potential.

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Sunshine Silver increases Idaho holdings by 14,100 acres

Sunshine Silver Mining & Refining has significantly expanded its land holdings in Idaho’s historic Silver Valley by 14,100 acres, bringing its total to approximately 38,000 acres. This 60% increase is coupled with the launch of a multi-year, district-scale exploration program, involving 45,000 meters of surface drilling, targeting high-potential areas identified through recent fieldwork. Concurrently, the company is advancing a 50,000-meter underground drilling program at its flagship Sunshine Mine, aiming to upgrade resources for a planned 2027 feasibility study, underscoring its strategic intent to unlock the full potential of this prolific US silver district.

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Trump Administration Moves to Keep Indiana Coal Plants Operating to Support Grid Reliability

<p></p> <p>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.</p> <p>

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Tertiary Minerals reports high-grade mineralisation at Mushima North

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.

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Koryx Copper plans 80% stake in Zambia Copperbelt licences

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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Energy Secretary Secures Carolinas’ Grid Amidst Hot Weather Conditions

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.

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American Lithium starts operations at Falchani pilot plant in Peru

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.

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Empress Royalty signs $62m Tongon gold stream deal

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.

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KCM awards $498m copper recovery plant contract to China’s NERIN

Konkola Copper Mines (KCM), a subsidiary of Vedanta, has awarded China's NERIN Engineering a substantial $498 million contract for the construction of a new copper recovery plant at its Chingola operations in Zambia. This strategic facility, designed to process existing mine tailings, is anticipated to boost KCM's copper output by 70,000 tonnes per annum, serving as a critical component of its ambitious strategy to reach 300,000 tpa by 2031, in alignment with Zambia's national production targets. The agreement, though awaiting final conditions, underscores KCM's diversified growth approach amid ongoing financing considerations.

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

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.

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Almonty and Sandvik’s WBH sign Spanish tungsten supply deal

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.

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Coppercore signs lease for copper facility in Colombia

Coppercore has secured a ten-year lease, with an option to purchase, for a copper concentration facility in Colombia's Santa Marta industrial region. This strategic move, announced on September 18, 2026, positions the company for initial production of 1,000 tonnes of copper concentrate monthly, utilizing an innovative acid-free process for oxide ores. The facility is poised for significant phased expansion, targeting up to 300,000 tonnes of contained copper over the lease term at maximum scale, amidst a changing regulatory environment in Colombia that favors responsible mining and critical minerals development.

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Sudan mine collapse death toll hits 60 as rescue efforts continue

A tragic gold mine collapse in Sudan’s West Kordofan state has claimed the lives of at least 60 artisanal miners, with reports indicating more than 70 dead or missing. The incident at the al-Zara mine in the Fouja area highlights the severe safety deficiencies prevalent in Sudan's informal mining sector, where dangerous conditions and a lack of proper equipment continue to result in significant loss of life. Rescue efforts have been significantly hampered by unstable ground and the absence of specialized teams, drawing urgent attention to the systemic challenges facing one of Africa's leading gold-producing nations.

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Chancery Royalty agrees $20m royalty financing to Fulcrum Metals

Chancery Royalty has agreed to a non-binding term sheet to provide $20 million in royalty financing to Fulcrum Metals, alongside a £200,000 strategic equity investment. This pivotal agreement centers on a 5% net smelter return royalty on gold production from Fulcrum’s Teck-Hughes project in Kirkland Lake, Ontario, and is contingent on the successful pilot-scale testing of an innovative cyanide-free gold recovery process from historic mine tailings. The deal underscores a growing industry focus on sustainable mining practices and the strategic value of reprocessing mine waste.

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Unicorn Mineral Resources to acquire 75% stake in QGC Namibia

Unicorn Mineral Resources has strategically moved into potential near-term copper production by signing an agreement on September 16, 2026, to acquire a 75% stake in Q Global Copper Namibia (QGC Namibia). This acquisition grants Unicorn control over exclusive prospecting licenses EPL5851 and EPL7958, which span 6,536 hectares and encompass the historic Klein Aub Copper Mine, along with significant surface tailings and slimes. The transaction, valued at an initial $368,637 (R6 million), positions Unicorn in the highly prospective Kalahari Copperbelt with access to established infrastructure and immediate processing opportunities.

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U.S. Secretary of Energy Chris Wright Delivers U.S. National Statement at the General Conference of the International Atomic Energy Agency in Vienna, Austria

U.S. Secretary of Energy Chris Wright recently delivered a pivotal address at the 70th IAEA General Conference in Vienna, outlining an ambitious "American nuclear renaissance." This initiative, spearheaded by President Trump, aims to add 300 gigawatts of new nuclear capacity by 2050 through streamlined regulations, advanced reactor deployment, and AI-driven innovation. The U.S. reaffirms its commitment to global nuclear safety, security, and nonproliferation, with significant implications for the international uranium mining and nuclear fuel cycle sectors.

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Ethiopia’s Oromo Liberation Army warns mining operators after Tulu Kapi incident

The Oromo Liberation Army (OLA) has issued a stern warning to mining companies operating in Ethiopia’s Oromia region, demanding direct local community involvement and stringent environmental standards following a fatal incident at KEFI Gold and Copper’s Tulu Kapi project on September 4, 2026. This development has led KEFI to suspend its gold project, prompting a re-evaluation of security and community engagement protocols across the extractive sector in a politically sensitive region. The OLA’s demands underscore the critical importance of social license to operate and robust community relations for any mining endeavor in Ethiopia.

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Springer Tungsten Complex secures $150m–175m funding

Blue Moon Metals, The Elmet Group (TEG), and EQ Resources have committed $150 million to $175 million to revitalize the Springer Tungsten Complex in Imlay, Nevada, a strategic move to bolster the US tungsten supply chain. This substantial investment establishes a joint venture for the ammonium paratungstate (APT) plant, with Blue Moon retaining control of the mine and mill, and sets ambitious timelines for restarting operations by late 2027 and mid-2028. The initiative underscores a critical effort to secure domestic supply of a vital industrial metal.

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Almonty enters into tungsten partnership with Rwanda Government

Almonty Industries has finalized a significant partnership with the Government of Rwanda, establishing Almonty Rwanda, a new entity focused on tungsten collection and export. This strategic alliance sees Rwanda acquiring a 25% stake, contributing the Shyorongi exploration concession and a mineral processing license, while Almonty retains 75%. The initiative, spurred by US diplomatic efforts, aims to modernize Rwanda's tungsten supply chain, enhance traceability, and leverage existing small-scale mining output, setting the stage for broader critical minerals development in the region.

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Orogen Royalties secures Serpent gold claims in central Nevada

Orogen Royalties announced on September 11, 2026, the acquisition of the Serpent gold project in central Nevada, a district-scale, low-sulphidation epithermal target spanning 18.8km&sup2; across 225 Bureau of Land Management claims. The project, established in collaboration with Altius Minerals, features an undrilled core Cobra structural corridor exhibiting surface gold values up to 0.95 grams per tonne, indicating significant potential within a highly prospective region. Orogen plans to make the project available for option or sale, aligning with its generative royalty business model.

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Mining’s digital transformation is raising the stakes for cybersecurity

<p></p> <p>The mining sector's accelerating digital transformation, marked by widespread adoption of connected systems, is significantly heightening its vulnerability to cyberattacks. A recent analyst comment from September 11, 2026, highlighted this critical challenge, noting that exposure now spans from remote mine sites to intricate global supply chains. This growing reliance on integrated operational and digital technologies underscores an urgent need for robust cybersecurity strategies across the industry to safeguard against escalating threats.</p> <p>

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Mako Mining signs mineral agreement for Guyana gold project

Mako Mining has finalized a crucial mineral agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission for its Eagle Mountain Gold Project. This agreement establishes a comprehensive ten-year stability framework, covering legal, fiscal, and operational terms, significantly de-risking the advanced-stage open-pit development in west-central Guyana. The deal, which includes commitments to environmental stewardship and community development, is a vital step toward securing permitting and advancing the 5,050-hectare project towards potential production.

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Anson receives Utah tax credit of $212m for Green River project

Anson Resources, through its US subsidiary A1 Lithium, has secured a significant $212 million tax credit from the Utah Governor’s Office of Economic Development for its Green River Lithium Project. This credit, part of the state’s Rural Economic Development Tax Increment Financing program, brings Anson's total approved tax incentives for the project to $406.5 million, highlighting strong governmental support for domestic critical mineral production. The initiative is projected to generate 138 new high-paying jobs and substantial tax revenue over two decades, bolstering Utah’s rural economy and the burgeoning US lithium supply chain.

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DoE awards $73m to four US mining technology testbed projects

The U.S. Department of Energy (DoE) has committed $73 million to four critical mining technology testbed projects across the nation, aimed at bolstering domestic critical mineral supply chains. These "Mine of the Future" initiatives in Virginia, Arizona, Missouri, and Texas will provide real-world environments for developing and commercializing advanced mining systems, including digital connectivity, electrification, advanced comminution, and synthetic mine testing, while simultaneously focusing on workforce training. This strategic investment underscores a national effort to enhance mining productivity, energy efficiency, and reduce reliance on foreign mineral sources, as announced on September 10, 2026.

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St Barbara to divest New Simberi Gold Project stake for $295m

St Barbara has entered into a binding agreement to divest its remaining stake in the New Simberi Gold Project to Lingbao Gold Group for an estimated A$453 million in cash, coupled with the retention of key royalties. This strategic move, slated for completion in the March quarter of 2027, will significantly bolster St Barbara's cash reserves, allowing it to focus on its Nova Scotia gold projects and a debt-free future, while expanding Lingbao Gold's presence in the Pacific region.

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Galantas Gold divests final 20% Omagh stake to Ocean Partners UK

Galantas Gold, through its subsidiary Cavanacaw, has completed the sale of its remaining 20% indirect stake in the Omagh gold project in Northern Ireland to Ocean Partners UK for $5 million. This transaction, which settled approximately $3.26 million in existing debt to Ocean Partners and provided the remainder in cash, marks Galantas’ full divestment from the Omagh project. The move is central to Galantas’ strategic repositioning, allowing the company to concentrate its resources on advancing its gold and copper assets in Chile, including the Andacollo Gold Project and the Indiana Project.

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Nokia introduces AI-driven platform for mining and fieldwork

<p></p> <p>Nokia has introduced its Cognitive Operations (CO) platform, an AI-driven solution designed to provide real-time intelligence and enhance operational resilience across critical field-based industries, with a primary focus on mining. Launched on September 10, 2026, the platform integrates mission-critical communications, edge computing, and operational AI, featuring AI assistance, 3D digital twins, and predictive maintenance capabilities. This innovation, supported by the Cognitive Edge Node (CEN) and strategic partnerships, aims to significantly reduce downtime and improve efficiency in challenging mining environments.</p> <p>

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Energy Department Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant

The U.S. Department of Energy’s Office of Energy Dominance Financing has finalized a loan of up to $1.9 billion to NextEra Energy, earmarked for the restart of the Duane Arnold Energy Center in Linn County, Iowa. This significant investment aims to bring Iowa’s sole nuclear power plant back online, adding 615 megawatts of baseload power to the grid and signaling a strategic move to bolster America’s nuclear industrial base and energy security, which could profoundly impact the demand for critical mining commodities like uranium.

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A2Gold completes RC drilling at Taylor Project in Nevada

<p></p> <p>A2Gold Corp. has completed a significant reverse-circulation (RC) drilling program at its recently acquired Taylor Gold-Silver Project in White Pine County, Nevada, as part of its ambitious 2026 exploration campaign. Following this, the company is rapidly mobilizing its drill rig to the Eastside Project near Tonopah, Nevada, to commence a new RC drilling initiative focused on high-priority targets. These strategic maneuvers underscore A2Gold's aggressive approach to expanding its resource base and identifying high-grade mineralisation within Nevada's prolific mining landscape.</p> <p>

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EMIPA produces first gold-silver doré bar at Don Mario, Bolivia

Orvana Minerals' Bolivian subsidiary, Empresa Minera Paitití (EMIPA), has announced the successful production of its first gold-silver doré bar from the Don Mario site in Bolivia. This achievement marks a significant restart of operations at Don Mario, which had been suspended in Q1 FY20 due to reserve depletion, and now focuses on processing existing oxide stockpiles. The project also aims to expand copper cathode production and upgrade the gold-silver recovery circuit, signaling a strategic move towards optimized resource utilization and diversified output for Orvana Minerals.

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Platinum surplus masks persistent supply challenge for PGM miners

The platinum market is projected to experience a modest surplus of 265,000 ounces in 2026, marking a significant shift from the 1.44 million-ounce deficit recorded in 2025. However, this surplus is not indicative of an improved primary production capacity, as global mine supply is forecast to remain flat at 5.55 million ounces. Instead, the market balance is primarily driven by a substantial decline in investment demand and a temporary boost from recycling, underscoring persistent geological and economic challenges facing Platinum Group Metals (PGM) miners, particularly in South Africa.

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BHP appoints Worley for SA copper project expansion services

BHP has engaged Worley for study and engineering, procurement, and construction management (EPCM) services for potential copper expansion projects at its Olympic Dam and Carrapateena operations in South Australia. These significant developments, which remain subject to a final investment decision (FID) by BHP, underscore the mining giant's strategic push to boost copper production in response to rising global demand driven by electrification and the ongoing energy transition. The scope encompasses potential block cave work at Olympic Dam and underground and processing expansions at Carrapateena, signaling a robust long-term growth trajectory for BHP's South Australian copper assets.

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Weir to supply grinding technology for Zijin’s Akyem Gold Mine

Weir, a UK-based mining technology firm, has secured an order in Q3 2026 to supply two ENDURON high pressure grinding rolls (HPGRs) to Zijin Mining’s Akyem Gold Mine in Ghana. This strategic deployment is part of Zijin’s brownfield optimization efforts, aimed at debottlenecking the mine's comminution circuit which has faced challenges with increasingly competent ore using conventional grinding methods. The HPGR technology is expected to significantly enhance grinding efficiency, boost throughput, and improve gold recovery while reducing energy consumption and carbon emissions, demonstrating a growing industry trend towards sustainable and efficient mineral processing solutions.

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FirstAu signs agreement to acquire Sandstone Gold Project

<p></p> <p>FirstAu has strategically expanded its gold portfolio in Western Australia with the acquisition of the Sandstone Gold Project from Complete Prospecting, announced on September 8, 2026. This acquisition encompasses five key tenements within the prospective Sandstone gold district and importantly includes access to an extensive historical reverse circulation drilling database. The deal is structured with a cash exclusivity fee, share consideration, and a deferred payment contingent on defining a significant JORC-compliant gold resource, positioning FirstAu for accelerated exploration and potential resource definition.</p> <p>

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Anson Resources secures $194m Utah incentive for lithium project

Anson Resources has secured a substantial $194 million business incentive from the Utah Inland Port Authority Board for its Green River Lithium Project. This incentive, structured as a rebate on future property tax revenues over 25 years, aims to bolster the project's economics and potentially fund crucial public infrastructure for the planned 10,000 tonnes per annum lithium carbonate facility. The development underscores Utah's commitment to fostering domestic critical mineral production and Anson's strategic approach to non-dilutive financing for its $569 million capital expenditure project.

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AI could improve in-situ recovery of critical minerals

New research in the United States is exploring how artificial intelligence (AI) can significantly enhance in-situ recovery (ISR) methods for critical minerals. This innovation focuses on integrating physics and chemistry models to precisely predict the movement and reaction of fluids and reagents within complex, heterogeneous rock formations. Such advancements promise to overcome long-standing challenges in ISR, leading to more efficient, environmentally responsible, and economically viable extraction of vital resources for modern industries.

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Viridis awards first equipment contract for Colossus in Brazil

Viridis Mining and Minerals has awarded its inaugural major equipment contract for the Colossus Rare Earth Project in Brazil to Dewater Filter Press, signaling a significant advancement from development to project execution. This critical residue pressure filtration system is integral to the project's environmental and operational efficiency, supporting its ambitious target of commencing rare earth production by 2028 as a key Western supplier. The contract, structured with phased payments, underscores Viridis's strategic approach to de-risk and advance the five-million-tonne-per-annum facility, bolstered by recently secured equity funding.

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Verdera Energy to sell Treeline Uranium Project to Americas Uranium

Verdera Energy has agreed to divest its Treeline Uranium Project in New Mexico to Americas Uranium for a consideration comprising $100,000 in cash and C$2 million in Americas Uranium common shares. This strategic transaction allows Verdera to focus on its larger-scale, historically resourced properties, while enabling Americas Uranium to acquire a promising exploration asset with an estimated 1.02 million pounds of historical triuranium octoxide in a region known for its uranium potential. The deal underscores ongoing consolidation and strategic portfolio adjustments within the North American uranium sector.

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Vox Royalty Australia to acquire 2% NSR royalty on White Dam gold mine

Vox Royalty Australia, a subsidiary of Vox Royalty, has entered into a binding agreement to acquire a 2% net smelter return (NSR) royalty on the White Dam gold mine in South Australia for an upfront cash consideration of A$5 million ($3.57 million). This strategic acquisition provides Vox with exposure to a recently recommissioned heap leach operation, operated by Broken Hill Gold, which poured its first gold in April 2026 and targets annual production of 15,000oz to 20,000oz, alongside significant exploration upside for both gold and copper.

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Euro Sun Mining plans $400m financing for Rovina Valley Project

Euro Sun Mining is making substantial strides towards fully financing its Rovina Valley Gold-Copper Project in Romania, announcing a non-binding Memorandum of Understanding for up to $400 million in project funding. This crucial agreement involves global financial powerhouse Macquarie Bank and commodities giant Trafigura, setting an 18-month timeline for due diligence and structuring. Complementing this, Trafigura has committed to a $3 million equity investment, reinforcing its ongoing $200 million commitment to the project.

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Energy Secretary Secures Carolinas’ Grid Ahead of Holiday Weekend

The U.S. Department of Energy (DOE) issued an emergency order on September 3, 2026, granting Duke Energy Carolinas, LLC, temporary authority to stabilize the electrical grid in the Carolinas, mitigating blackout risks amidst hot weather and ensuring power reliability through September 8, 2026. This directive, issued under Section 202(c) of the Federal Power Act, underscores critical vulnerabilities in national energy infrastructure and highlights the ongoing debate surrounding energy policy and its profound implications for energy-intensive industries such as mining. The incident provides a timely case study on the imperative of grid resilience and reliable power supply for continuous industrial operations.

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Red Metal announces first ore shipping from Chilean project

Red Metal Resources has announced the early first ore shipments of copper sulphide from its Farellon Project in Chile, a significant milestone achieved approximately four months ahead of schedule. This development establishes a crucial non-dilutive revenue stream for the company through a strategic agreement with Minera KMT and ENAMI, bolstering financial stability while ongoing exploration continues to delineate further resources within the Carrizal property. The timely deliveries, amid strong copper markets, underscore effective project execution and position Red Metal for future growth in a key mining jurisdiction.

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