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Diamond Mining News

16 articles about diamond mining

Aurania concludes drilling at Thormódsdalur gold-silver site

Aurania Resources has concluded its 2026 drilling campaign at the Thormódsdalur epithermal gold-silver project in Iceland, completing eight diamond drill-holes totaling 780.70m. This campaign significantly improved core recovery to near 100% compared to previous efforts, crucial for accurate resource definition. The program, a joint venture with St-Georges Eco-Mining and its subsidiary Iceland Resources, focused on twinning historic drill sites and revealed strong geological indicators of a robust epithermal system, with assay results anticipated in November 2026.

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Energy Department Announces New Genesis Mission Awards to Advance Super Intelligence for Science

The U.S. Department of Energy (DOE) has announced 12 new Phase II Genesis Mission project awards, totaling $159 million, aimed at advancing Super Intelligence (SI) for scientific discovery. Launched in November 2025, the Genesis Mission seeks to accelerate U.S. leadership in science, medicine, and technology by integrating SI with advanced computing and research infrastructure. These projects include initiatives with significant implications for the mining sector, such as enhancing domestic critical rare-earth element extraction and optimizing subsurface resource management.

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Kenorland, Auranova launch phase four drilling at South Uchi Project

Kenorland Minerals and Auranova Resources have initiated a significant 5,000-meter Phase Four diamond drilling program at their South Uchi Project within Ontario’s prolific Red Lake District. This autumn 2026 campaign targets the North Papa trend in the Papaonga area, building upon earlier broad gold intercepts and exploring new anomalies identified by a recent induced polarisation survey. The project, operated by Kenorland, highlights a strategic partnership where Auranova holds a 51% interest, underscoring continued investment in a highly prospective Canadian gold region.

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District Metals begins diamond drilling at Sweden’s Viken Property

District Metals has initiated diamond drilling at its Viken Property in central Sweden, focusing on two largely untested target areas, A and B, which exhibit strong conductive anomalies identified by a 2025 MobileMT survey. This drilling campaign, part of the company's 2026 exploration program, aims to further define what is considered the world's largest undeveloped uranium resource, alongside significant quantities of critical base and energy metals. The effort underscores Sweden's growing role in securing vital raw materials for the global energy transition.

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Belmont launches gravity survey at Crackingstone uranium site

Belmont Resources has initiated a high-resolution ground gravity survey at its wholly owned Crackingstone Uranium Project near Uranium City, Saskatchewan, Canada. This intensive survey, involving 2,500 stations spaced 50 meters apart, aims to detect subsurface density variations indicative of potential uranium mineralization. The collected data will be integrated with multiple existing geological and geophysical datasets to refine and prioritize drill targets for a planned 2,000-meter diamond drilling campaign, signaling a significant advancement in the project's exploration lifecycle.

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Supply chain shifts are reshaping Australia’s manganese sector

Australia’s manganese sector is at a critical juncture, possessing substantial resources but facing headwinds from ageing mining infrastructure, limited domestic processing capabilities, and evolving global trade policies. These shifts, highlighted in an analysis by Alejandro Gonzalez and Prasanna Aakula on October 6, 2026, are compelling a re-evaluation of the nation’s role in the global manganese supply chain, despite operations like GEMCO on Groote Eylandt serving as significant producers. The industry must navigate these challenges to fully leverage its resource endowment and meet increasing global demand.

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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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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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Drill programme begins at Sirios’ Aquilon gold project

Sirios Resources has launched a 1,800-meter diamond drilling program at its Aquilon gold project in Quebec, Canada, on September 28, 2026. This critical initiative, funded jointly with 51% stakeholder Sumitomo Metal Mining Canada, aims to define the lateral and depth continuity of a significant gold halo discovered in 2025. The program seeks to expand on previous intercepts, including a notable 298.2 meters grading 0.26 g/t gold, while also exploring the potential of high-grade zones like Lingo and Moman within the 68 km² property.

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BLM approves seven new drill pads for Spartan Metals in Nevada

Spartan Metals has received crucial approval from the U.S. Bureau of Land Management (BLM) for seven new drill pads at its Tungstonia Claims, part of the Eagle Tungsten-Silver-Rubidium Project in Nevada's White Pine County. This expansion brings the total authorized drill sites to 32, strategically chosen based on advanced geophysical surveys to target deep extensions of known vein systems and new mineralization styles, enhancing the project's potential in the critical minerals sector. The move underscores Spartan's data-driven exploration approach and Nevada's role in bolstering domestic mineral supply chains.

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Kuniko completes phase two drilling at Commonwealth-Silica Hill

Kuniko has announced the completion of its phase two diamond drilling program at the Silica Hill prospect, part of the Commonwealth Project in Australia's prolific Lachlan Fold Belt. The program involved 11 holes totaling 2,731 meters, significantly deepening geological understanding and supporting an anticipated mineral resource estimate update in the fourth quarter of 2026. This extensive work, including forthcoming downhole electromagnetic surveys and assay results, aims to define potential extensions of the mineralized system and advance Kuniko's strategic exploration in the region.

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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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Silver Bow Mining announces $88m term sheet with Ocean Partners

Silver Bow Mining has announced a non-binding term sheet with Ocean Partners UK for an $88 million funding, credit support, and offtake package. This strategic arrangement is designed to bolster the development of Silver Bow's Rainbow Block Project in Butte, Montana, and facilitate the acquisition and restart of the Montana Tunnels Mine, significantly enhancing the company's financial flexibility and liquidity for these key US base metal assets.

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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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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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US explores access to Venezuela’s mineral sector

The United States is actively exploring avenues to significantly increase its access to Venezuela’s mineral sector, including substantial deposits of gold, iron ore, bauxite, and nickel. This strategic move, which builds upon recent engagement in Venezuela’s oil industry, aims to facilitate new US investment in critical minerals and counter growing Chinese influence in Latin America. However, the sector faces considerable challenges, including outdated geological data, widespread illegal mining, and historical investor uncertainty.

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