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Diamond Mining News

13 articles about diamond mining

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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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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Metso introduces digital tools for mining operations and safety

On September 11, 2026, Metso introduced three significant additions to its digital portfolio: Metso Digital Production Management, Metso Data-driven Performance Analytics, and the Metso Safety Performance Platform. These new solutions leverage artificial intelligence and advanced analytics to provide mining operations with actionable insights and recommendations, aiming to optimize production, enhance asset performance, and significantly improve workplace safety across the entire mineral processing value chain.

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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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