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Gold Mining News

56 articles about gold mining

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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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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Riversgold submits mine plan for Kalgoorlie gold project in Australia

Riversgold Limited has submitted its Mine Development and Closure Proposal (MDCP) for the Northern Zone open pit at its Kalgoorlie gold project in Western Australia, marking a significant step towards commencing mining operations. This crucial regulatory submission, prepared in collaboration with MEGA Resources and Resources WA, outlines the project's operational and environmental plans, following the grant of its 21-year mining lease and the resolution of haul road access objections. The project's development funding is fully underwritten by MEGA Resources through a 50/50 cooperation agreement, extended to September 2027, significantly de-risking the venture for Riversgold.

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Yancoal closes $1.85bn deal for 80% stake in Kestrel Coal Mine

Yancoal Australia has finalized a significant $1.85 billion acquisition for an 80% interest in Queensland’s Kestrel Coal Mine, a premier metallurgical coal asset. This strategic move, which could see the total transaction value rise to $2.4 billion, bolsters Yancoal's presence in the Bowen Basin, diversifies its product mix with premium coking coal, and is expected to increase its pro forma metallurgical coal production share to 22%. The long-life Kestrel mine, with substantial reserves, is poised to enhance Yancoal's shareholder value and reinforce its standing as a leading Australian coal producer.

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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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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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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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Barrick signs new agreement with unions at Mali gold complex

Barrick Mining has successfully negotiated a collective bargaining agreement with unions at its pivotal Loulo-Gounkoto gold complex in western Mali, averting significant industrial action. This landmark agreement not only resolves demands from mine workers but also led to the withdrawal of separate strike notices from a Barrick contractor and Malian mining administration agencies, signaling a crucial step towards labor stability in a key African gold-producing nation. The resolution underscores Barrick's commitment to navigating complex operational environments and maintaining consistent production from one of its core assets.

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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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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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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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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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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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Artemis Gold to acquire Vista Gold for $427m

Artemis Gold has announced a definitive agreement to acquire Vista Gold in an all-share transaction valued at approximately $427 million, granting Artemis ownership of the feasibility-stage Mt Todd gold project in Australia’s Northern Territory. This strategic acquisition, expected to close in January 2027, is poised to significantly bolster Artemis Gold’s resource pipeline, aligning with its ambitious goal of achieving one million ounces of gold production per year, complementing its ongoing Blackwater development in Canada.

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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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Beyond the purchase price – the true cost of mining engines

A recent analysis by Rolls Royce Mining, published on September 21, 2026, highlights that the initial purchase price of an engine represents only a fraction of its true cost over its operational lifespan within a mining haul truck fleet. The study emphasizes that factors such as fuel consumption, maintenance, overhaul intervals, and the critical impact of downtime significantly determine an engine's total cost of ownership, advocating for a holistic evaluation beyond upfront capital expenditure.

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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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Syntax launches SAP-based maintenance budgeting tool for mining

Syntax has introduced its new SAP-based maintenance cost budgeting solution, Syntax Maintenance Cost Budgeting, designed to transform how mining companies manage their operational expenditures. Developed in partnership with SAP, this tool integrates with SAP Cloud ERP to provide real-time visibility and predictive analytics for maintenance costs, moving away from traditional manual methods. The solution aims to enhance financial oversight, improve planning, and support more informed decision-making across the complex, multi-site operations characteristic of the global mining sector.

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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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Lahontan Gold signs agreement to acquire Emergent Metals

<p></p> <p>Lahontan Gold announced on September 17, 2026, its agreement to acquire Emergent Metals, a move poised to consolidate its ownership of the pivotal West Santa Fe project and significantly expand its land position within Nevada's highly prospective Walker Lane trend. This all-share transaction, valued at C$0.115 per Emergent share, will eliminate approximately C$2.39 million in future payments and a 1% net smelter return royalty, while adding the strategic New York Canyon project and other valuable assets to Lahontan's portfolio.</p> <p>

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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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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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Can hydrogen become platinum’s next big market?

The global shift towards battery-electric vehicles poses a significant structural challenge to platinum demand, historically reliant on autocatalysts. While the hydrogen economy presents a promising new market for platinum in proton-exchange membrane technologies, its nascent stage and inherent scaling challenges mean it faces an uphill battle to absorb projected declines in automotive demand. This complex interplay of declining traditional markets and emerging opportunities creates a nuanced outlook for platinum producers and investors.

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Tungsten West to relaunch Hemerdon mine by early 2027

Tungsten West is set to relaunch its Hemerdon tungsten mine in Devon, England, targeting full-scale production by the first quarter of 2027. This restart, supported by a significant investment from the UK's National Wealth Fund, will leverage advanced TOMRA XRT ore sorting technology to optimize processing and reduce environmental impact. The project aims to provide a critical non-Chinese source of tungsten for European markets, addressing growing demand and strategic supply chain concerns.

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Ongwe Minerals begins drilling at Nguni gold prospect in Namibia

Ongwe Minerals has commenced its maiden drilling program at the Nguni gold prospect, part of its Omatjete Gold Project in Namibia. This significant development follows the discovery of a substantial 6km-long, high-grade gold-in-soil anomaly in May 2026. The comprehensive 5,000-meter, two-phase drilling campaign aims to delineate mineralization, test strike extensions, and build on successful exploration methodologies within a geologically promising region known for its gold endowment.

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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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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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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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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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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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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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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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Amex Gold starts underground ramp at Perron project in Quebec

Amex Gold Mining has officially commenced underground development at its wholly owned Perron Gold Project in Quebec, Canada, initiating ramp construction with contractor CMAC-Thyssen. This crucial step, marked by the completion of the underground portal and the first blast on September 3, 2026, aims to provide access to the high-grade Champagne Zone for a significant 40,000-tonne bulk sample program. The development is designed to de-risk future project stages by gathering essential data on mining conditions, grade continuity, and metallurgical performance, paving the way for eventual production.

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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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Forrestania acquires Edna May Gold Project in $215m deal

Forrestania Resources has finalized its significant acquisition of the Edna May Gold Project from Ramelius Resources in a US$215 million (A$300 million) deal, marking a transformative expansion for the company. This strategic move establishes Forrestania with two major gold processing hubs in Western Australia, including the newly acquired Edna May and its existing Lake Johnston facilities, aiming for a combined milling capacity exceeding six million tonnes per annum. The acquisition, funded in part by a successful A$310 million capital placement, positions Forrestania for enhanced operational flexibility and solidified presence in a key global gold mining region.

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Normet’s new centre in Finland to drive underground mining technology

Normet has officially inaugurated a new technology center in Pirkkala, Finland, signaling a significant investment in the future of underground mining. This facility is poised to become a hub for research, development, and testing of advanced technologies such as autonomy, robotics, software, and battery electric solutions, aiming to enhance safety, productivity, and sustainability across global mining operations. The move underscores Normet’s commitment to innovation and its strategic role in equipping the industry for deeper, more challenging extractions and the growing demand for critical minerals.

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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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NT1 and Plutonian II agree on $500m merger deal

Australian mineral exploration company NT1 has announced a definitive agreement to merge with Plutonian Acquisition Corp. II (Plutonian II), a special purpose acquisition company, in a transaction valued at an estimated $500 million. This strategic merger, anticipated to complete in 2027, will see the combined entity list on the New York Stock Exchange, providing NT1 with enhanced access to US capital markets to bolster its exploration of critical mineral assets, including rare earth elements, niobium, and IOCG deposits. The move underscores the increasing global demand for strategic minerals and the growing role of SPACs in facilitating access to public markets for resource companies.

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