The global mining industry is undergoing a significant transformation, driven by the adoption of autonomous operations and sophisticated digitalization. Central to this evolution is the deployment of private 5G networks, which are proving instrumental in enhancing safety, optimizing productivity, and enabling precise indoor positioning for both personnel and machinery. This article explores how these advanced technologies are future-proofing mining, with companies like Ericsson leading the charge in delivering crucial connectivity and positioning solutions.
The global aluminium industry is witnessing a significant pivot towards advanced robotics and automation, driven by escalating demand, tightening supply chains, and the inherent hazards of traditional smelting operations. This strategic shift aims to enhance safety, improve operational consistency, and build resilience against disruptions, with key players like AlumatIQ and Autoa Robot Welding spearheading innovative solutions for the notoriously dangerous potroom environment. Market forecasts indicate substantial growth in the smelt robot sector, underlining the industry's commitment to leveraging technology for a more efficient and secure future.
<p></p>
<p>As mineral deposits become increasingly challenging to access, mining companies are turning to advanced connectivity solutions to prioritize worker safety without sacrificing productivity. A recent development, highlighted by the collaboration between Newmont and Ericsson, showcases how private 5G networks are transforming remote mining operations, addressing the limitations of traditional Wi-Fi and paving the way for significantly safer and more efficient automated systems across vast, hazardous terrains.</p>
<p>
A pioneering collaboration between Ericsson and mining equipment leader Epiroc is fundamentally transforming the global mining sector through the widespread deployment of private 4G/5G cellular networks. This strategic partnership, initiated in 2016, enables enhanced automation, real-time monitoring, and ultra-low latency control across mining operations, addressing critical industry demands for improved safety, productivity, cost efficiency, and reduced environmental impact. The integration of advanced connectivity with modern mining machinery is setting a new standard for the mine of the future, as exemplified by projects like the EU-funded NEXGENS initiative.
Red Mountain Mining is relaunching antimony exploration across its US projects, including Thompson Falls in Montana-Idaho and Yellow Pine and Silver Dollar in Idaho, capitalizing on favorable weather conditions. This strategic move aims to define significant antimony resources, with initial rock chip analysis from Thompson Falls showing up to 36.5% antimony, and is supported by new advisory appointments and expedited environmental approvals. The initiative aligns with US government efforts to secure domestic critical mineral supplies, particularly antimony, reducing reliance on foreign sources.
Pacgold has successfully transitioned from an explorer to a gold producer, achieving initial gold output at its White Dam Gold Project in South Australia. Within 14 days of recommissioning the processing plant, approximately 2kg (60oz) of calcined gold was retrieved, with the company anticipating shipment of its first doré product by the end of April 2026. This significant milestone is supported by operational enhancements and strategic expansion plans, including a substantial pad extension and ongoing resource delineation efforts.
Venezuela’s National Assembly has unanimously approved a comprehensive new mining law, a 131-article bill championed by Acting President Delcy Rodríguez, aimed at attracting foreign investment, particularly from the United States. This legislation replaces a nearly 30-year-old system, introducing a more flexible tax structure, extended concession periods, and crucial access to international arbitration for disputes, signaling a concerted effort to revitalize the nation's strategic mineral sector, including gold and bauxite. The reform seeks to balance state control over resources with enhanced legal assurances for international investors, marking a significant policy shift after decades of state-centric policies and past nationalization events.
British Columbia’s two largest gold projects, Seabridge Gold’s KSM and Tudor Gold’s Treaty Creek, face a significant hurdle as the provincial government delays key tunnel permits for KSM. This regulatory setback stems from an ongoing legal dispute between Seabridge and Tudor Gold regarding the route of KSM’s critical Mitchell Treaty Tunnels, which Tudor asserts would traverse its valuable Goldstorm deposit. The impasse threatens the development timelines of these massive projects, collectively holding billions of ounces of gold and pounds of copper, highlighting the complexities of concurrent mineral rights and infrastructure planning in prolific mining regions.
Paramount Gold Nevada has initiated an Initial Assessment (IA) at its past-producing Sleeper Gold Project in Humboldt County, Nevada, a crucial step in evaluating its economic potential under SEC S-K 1300 regulations. This assessment, conducted by SLR International, will focus on a staged, cost-effective development strategy primarily targeting approximately 54 million tonnes of heap-leachable material. The move aims to unlock significant value in a well-established mining jurisdiction amidst a favorable gold price environment, while the company concurrently advances its Grassy Mountain Project.
G Mining Ventures (GMIN) is set to acquire G2 Goldfields in a strategic transaction that will merge their adjacent Oko West and Oko-Ghanie gold projects in Guyana. This consolidation is projected to create a significant Tier-1 gold operation capable of producing over 500,000 ounces of gold annually, leveraging shared infrastructure for substantial cost synergies. The deal, expected to close by Q2 2026, positions GMIN to accelerate development in the prolific Guiana Shield and enhance its standing as a major gold producer.
<p></p>
<p>Bullion Gold Resources has announced the successful conclusion of its diamond drilling program at the fully owned Langlade project in Quebec’s Senneterre area. The 1,771-meter campaign across 11 drill holes yielded encouraging visual observations, including chalcopyrite and sphalerite mineralization alongside significant scapolite alteration, indicators often linked to large-scale gold, silver, copper, and zinc deposits. Assay results, crucial for verifying metal grades and guiding future exploration, are anticipated next month, marking a significant step in understanding the Langlade project's substantial mineral potential.</p>
<p>
G Mining Ventures has agreed to acquire G2 Goldfields in an all-share transaction valued at C$3 billion ($2.2 billion), consolidating two adjacent gold projects, Oko West and Oko-Ghanie, into a single, district-scale operation in Guyana's Guiana Shield. This strategic move is expected to create an intermediate gold producer capable of delivering over 500,000 ounces of gold annually, leveraging significant operational and capital synergies. The deal underscores a broader consolidation trend in the region as companies seek to build larger, more capital-efficient mining complexes.
HiTech Minerals, a subsidiary of Australia’s Jindalee Lithium, is poised to go public on the Nasdaq through a $571 million merger with Constellation Acquisition Corp. I, forming a new entity named US Elemental. This strategic move aims to accelerate development of its significant US lithium assets, including the McDermitt deposit in Oregon, positioning the company closer to US capital markets and aligning with national critical mineral priorities in the face of surging demand for battery raw materials.
Star Minerals is rapidly advancing its Tumblegum South Gold Project in Western Australia, with mining contractor MEGA Resources mobilizing to site in early April 2026. This significant milestone initiates critical preparatory works, including infrastructure setup and initial drilling, targeting first gold production by early 2026. The project, underpinned by a 45,000-ounce gold resource, represents a notable development for Western Australia's dynamic gold sector and for junior explorer Star Minerals.
Lachlan Star has commenced an initial 1,000-meter diamond drilling program at its New Waverley Gold Project in Western Australia, focusing on historical high-grade quartz reef mineralization in the gold-rich Norseman region. This strategically important move follows the recent acquisition of the project and aims to systematically test a 400-meter mineralized corridor, with a subsequent 2,000-meter reverse circulation drilling phase planned. The program seeks to confirm the continuity and grade of significant gold intercepts, signaling Lachlan Star's commitment to unlocking the project's broader scale potential in a premier gold jurisdiction.
<p></p>
<p>Mayfair Gold has significantly expanded its land holdings near its Fenn-Gib Gold Project in Timmins, Ontario, through the acquisition of three properties—Guibord, Marriott, and Holloway—from Plato Gold for C$2.5 million. This strategic move, announced on April 6, 2026, consolidates Mayfair’s position along the highly prospective Porcupine-Destor Fault Zone within the renowned Abitibi Greenstone belt, promising enhanced exploration leverage and critical infrastructure access for the proposed Fenn-Gib mine.</p>
<p>
<p></p>
<p>The Bank of France has finalized its decades-long gold repatriation program, withdrawing the last 129 tonnes stored at the Federal Reserve Bank of New York. This strategic move, part of a "gold reserve upgrade" initiative, involved selling non-standard bullion and acquiring new, internationally compliant gold bars in Europe, generating a significant 13 billion euro ($15 billion) capital gain amidst rising gold prices for the 2025 financial year. The nation's total gold reserves of approximately 2,437 tonnes are now entirely consolidated within France, with further standardization efforts planned by 2028.</p>
<p>
Barrick Mining has announced anticipated "significant increases" to the capital budget and timeline for its Reko Diq copper-gold project in Pakistan, following an earlier decision to slow development due to escalating security concerns in Balochistan and the broader Middle East. The Canadian miner, which operates Reko Diq as a 50/50 joint venture with Pakistani authorities, is extending its project review period until mid-2027 to comprehensively assess the evolving situation, capital requirements, financing, scope, and timeline for the Tier 1 asset.
China's Zijin Mining, following its 2025 acquisition of RG Gold, is set to invest $500 million in a new processing plant in Kazakhstan, concurrent with RG Gold's progressive environmental initiatives. Central to this is the 'phytocapture' technology, developed by the Sustainable Kazakhstan Research Institute, which employs scientifically designed vegetative barriers to significantly reduce airborne dust emissions from open-pit gold mining operations near the Raygorodok deposit. This innovative approach, integrating supercomputer modeling and indigenous plant species, marks a significant step in sustainable mining practices in Central Asia and offers a blueprint for environmental stewardship within the global industry.
St Barbara has announced a significant milestone for its New Simberi Gold Project in Papua New Guinea, securing an A$389 million ($269.5 million) investment from Lingbao Gold Group. This capital injection, alongside the approval of the Final Investment Decision, fully funds St Barbara's 50% share of the project's construction costs, paving the way for a substantial expansion that is projected to double mining output to 20 million tonnes per annum and boost gold production to over 200,000 ounces annually. The development is expected to yield an A$0.5 billion gain for St Barbara, marking a strategic move to de-risk and unlock long-term value from the long-life, low-cost operation.
<p><strong></strong></p>
<p>KGL Resources has secured a pivotal A$300 million precious metals purchase agreement (PMPA) with Wheaton Precious Metals International, earmarking funds for the construction and development of its Jervois Copper Project in Australia’s Northern Territory. This strategic financing, which includes a $275 million upfront stream payment and a $25 million cost overrun facility, marks Wheaton's inaugural streaming deal in Australia and positions KGL to become a significant copper producer with all necessary permits already in place.</p>
<p><strong>
Resolute Mining has forged a strategic, non-binding Memorandum of Understanding (MoU) with Guinea's Nimba Mining Company (NMC) to explore and potentially develop large-scale gold projects in the West African nation. Announced on April 1, 2026, this collaboration aligns with Resolute’s strategy to expand its growth pipeline in established gold regions and marks NMC’s first foray into the gold sector with an internationally listed partner, supported by the Guinean Ministry of Mines and Geology. The partnership aims to assess mineral resources, conduct geological studies, and develop plans for future gold production, with a preliminary assessment of identified areas expected within 90 days.
Questcorp Mining and Riverside Resources have initiated Phase 2 exploration at the La Union Project in Sonora, Mexico, following encouraging results from a 12-hole Phase 1 drill program earlier in 2026. This next phase focuses on refining existing high-priority targets and generating new prospects across the project's diverse mineralization styles, including high-grade gold-silver at Union Mine and a new sediment-hosted gold discovery at Luis Hill. The fully funded program aims to prepare for subsequent drilling later in 2026, building on the project's district-scale potential.
Latitude 66 has successfully concluded its Phase 2 reverse circulation (RC) drilling program at the Laverton Gold Project in Western Australia, comprising 38 holes totaling 3,914 meters. The program focused on the Red Dog and Tin Dog prospects, aiming to extend existing mineralization and define new structural frameworks, building upon results from January 2026's Phase 1 drilling. The company now awaits assay results, which are anticipated to guide subsequent exploration phases and support its strategy for rapid resource growth.
Santana Minerals has taken a significant step forward for its Bendigo-Ophir Gold Project in New Zealand, securing NZ$115 million ($65.8 million) worth of mining fleet build slots with Komatsu New Zealand. This critical agreement, which includes primary excavators and haul trucks under a leasing and support package, positions Santana as a prospective low-cost owner-operator, pending a crucial fast-track approval decision expected by October 2026. The move underscores the project's progression towards construction and future production, contingent on regulatory green light.
Agnico Eagle Mines is set to acquire significant ownership in junior explorer Cascadia Minerals through a C$5.02 million private placement and an additional C$2.6 million unit purchase, totaling C$7.62 million in investment. This strategic move, anticipated to close in April 2026, will grant Agnico Eagle a 14.21% non-diluted and 19.90% partially diluted stake in Cascadia, alongside an earn-in agreement for the Catch property in Yukon and a broader strategic exploration alliance in the Stikine Terrane, underscoring Agnico Eagle's commitment to expanding its gold exploration pipeline in Canada.
Lachlan Star has finalized its acquisition of the New Waverley Gold Project in Western Australia's highly prospective Norseman region, securing a 90% ownership stake from private prospector David Pascoe. The deal, which involved a A$150,000 cash payment and 12.5 million shares, positions Lachlan Star to commence a maiden diamond drilling program in the coming week. This strategic move aims to explore a largely un-drilled project area for high-grade gold mineralization leveraging recent geological refinements.
Felix Gold has successfully exercised its option to acquire full ownership of key assets within the Treasure Creek Project in Alaska's historic Fairbanks Mining District. This acquisition consolidates Felix Gold's position as the largest landholder in the region, securing long-term tenure for an emerging antimony deposit, verified to exceed US Military concentrate specifications, and a significant JORC inferred gold resource of 467,000 ounces. The strategic move, involving a final payment of $1.4 million, underscores the company's commitment to advancing a critical minerals project with proven processing pathways and a streamlined permitting outlook.
News K2 Gold concludes 2026 drilling campaign at Nevada’s Si2 project The programme involved eight drill-holes covering a total of 3,871m across five AOI. Shree Mishra March 27, 2026 Share Copy Link Share on X Share on Linkedin Share on Facebook Drilling in 2026 targeted structural locations identified from a geological model using drilling data, geophysics and fluid studies. Credit: Parilaw/Shutterstock.com. K2 Gold has completed its 2026 reverse circulation (RC) drilling programme at the Si2 Gold Project in Esmeralda County, Nevada, US, situated within the Walker Lane Trend. The campaign involved eight drill-holes covering a total of 3,871m across five areas of interest (AOI) at Si2 Gold. Go deeper with GlobalData Reports Jackfish 2 Project Reports Soledad Mountain Project Go deeper with GlobalData The gold standard of business intelligence. Find out more Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more This marks K2 Gold’s inaugural exploration at the AOI3, AOI4 and AOI5 target areas, extending exploration activities beyond the previously investigated southern targets. Each drilling operation encountered extensive low-sulphidation epithermal alteration, quartz veining and broad zones of adularia flooding, indicating a conducive environment for gold...
News Kenorland to acquire mineral claims in Canada The company will expand its Lang Lake Project by acquiring 10,200ha of claims and purchase 58,700ha to augment the Muskrat Dam Project. Shree Mishra March 27, 2026 Share Copy Link Share on X Share on Linkedin Share on Facebook The Lang Lake Project currently spans 84,000ha within the Birch-Uchi Subprovince. Credit: Parilaw/Shutterstock.com. Kenorland Minerals has signed purchase agreements to acquire full ownership of additional mineral claims in northern Ontario, Canada. The company will expand its Lang Lake Project by acquiring 10,200ha of claims from the McVicar Agreement Area in Ontario’s Birch-Uchi Subprovince. Go deeper with GlobalData Reports Fort Kent Project Reports Eleonore Mine Go deeper with GlobalData The gold standard of business intelligence. Find out more Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more Additionally, Kenorland will augment its Muskrat Dam Project through the purchase of 58,700ha of claims from the Rottenfish Agreement Area within the Muskrat Dam greenstone belt. The Lang Lake Project currently spans 84,000ha within the Birch-Uchi Subprovince and includes significant geological features such as folded iron formations. It is situated along the same...
<p></p>
<p>Nouveau Monde Graphite (NMG) has advanced its Phase Two Matawinie Mine project in Québec by signing a revised, binding long-form term sheet with the Canadian Government. This landmark agreement secures the purchase of 30,000 tonnes per annum (tpa) of flake graphite concentrate on a take-or-pay basis for seven years, bolstering NMG's financial position and Canada's strategic imperative to establish a secure domestic supply chain for critical minerals essential to the electric vehicle (EV) battery sector.</p>
<p>
Barrick Gold Corporation has announced a slowdown in operations at its Reko Diq copper and gold project in Pakistan, citing intensified security challenges within the Balochistan province and the wider Middle East. This strategic adjustment includes a 12-month extension of its project review period until July 2027, despite Barrick’s continued conviction in the long-term value of one of the world's largest untapped copper-gold deposits. The decision introduces potential impacts on timelines and budgets for this significant joint venture with federal and provincial Pakistani entities.
North Bay Resources has significantly expanded its footprint in the Mexican mining sector, signing a binding Letter of Intent on March 27, 2026, to acquire Bendito Resources for a cash payment of $25 million. This strategic, debt-free acquisition brings a portfolio of advanced exploration and near-term production assets in Sonora and Chihuahua, Mexico, including the fully permitted Oposura project and the expansive Alacran project, poised to dramatically enhance North Bay's operational capabilities and resource base. The move underscores North Bay's aggressive growth strategy, complementing its recent increase in ownership of the Bishop Gold Mill in California.
Strategic Energy Resources (SER) has secured over A$400,000 in grants from the Queensland Government's Collaboration Exploration Initiative (CEI) to advance drilling at its Diamantina Copper-Gold Project and Bulimba Gold Project. This funding, totaling A$275,000 for Diamantina and A$137,500 for Bulimba, is set to propel exploration efforts in critical minerals and precious metals within highly prospective regions of Queensland, underscoring the state's commitment to fostering new discoveries through supportive government programs. The Bulimba project is particularly notable for being the initial drilling phase under a non-binding joint venture agreement with Sumitomo Metal Mining Oceania (SMMO).
Coppermoly has strategically broadened its Australian exploration footprint by acquiring a 100% stake in the Wyemandoo Project in Western Australia, a move announced on March 25, 2026. This acquisition, involving tenements from Aldoro Resources and Altilium Metals, significantly expands Coppermoly's critical minerals portfolio, complementing its existing Queensland projects with a focus on high-grade rubidium, titanium, tantalum, and tungsten within a promising pegmatite fairway. The newly secured 259.25km² project holds compelling initial drill and rock chip results, positioning it for immediate, targeted exploration, including 1,500m of planned reverse circulation drilling.
Indonesia is set to further solidify its position as a global cobalt powerhouse, with output projected to reach 59,800 tonnes in 2026, an impressive 21.2% annual growth. This surge is driven by the full ramp-up of existing high-pressure acid leach (HPAL) facilities and the imminent commencement of large-scale new projects, underpinned by strategic government policies and significant foreign investment, particularly from Chinese firms, aiming to develop a robust domestic electric vehicle (EV) supply chain.
Centaurus Metals has secured a crucial, non-binding Letter of Intent from Brazil's development bank, BNDES, for C$1 billion reais (approximately $190 million USD) in potential long-term debt funding for its Jaguar Nickel Project. This development, situated in Brazil's strategic Carajás Mineral Province, underscores the project's significance as a future supplier of responsibly produced nickel crucial for the global energy transition, aligning with BNDES's focus on critical minerals. The indicative funding will undergo further rigorous due diligence before final approval, positioning Jaguar as a key asset in the burgeoning battery metals sector.
<p><strong></strong></p>
<p>In a significant development for the Pacific region's mining sector, Rio Tinto Exploration has formalized an earn-in agreement with LCL Resources for the Ono Project in Papua New Guinea (PNG). This partnership, announced on March 23, 2026, positions Rio Tinto to invest substantial capital and expertise, with an initial commitment of A$8 million, to explore for porphyry copper-gold deposits within the highly prospective Owen Stanley Metamorphic Belt. The deal provides LCL with critical funding while allowing its shareholders to retain exposure to potential major discoveries, underscoring PNG's enduring appeal for world-class mineral resource development.</p>
<p><strong>
New South Wales, Australia, a significant global coal exporter, announced on March 20, 2026, it will cease accepting new greenfield coal mine applications while permitting expansions of existing operations under stringent environmental and emissions standards. This strategic shift, outlined in the "NSW Coal Industry 2026–50" plan, simultaneously aims to meet net-zero targets by implementing strict methane emission regulations through its Environmental Protection Authority (EPA) and support coal-reliant communities via a new Future Jobs and Investment Authority, reflecting a complex balancing act between economic imperatives and environmental commitments.
Leviathan Metals has significantly expanded its footprint in Botswana's prolific Kalahari Copper Belt with the acquisition of a new prospecting license, increasing its Central Project by 270km² to a total of 590km². Announced on March 20, 2026, this strategic move enhances the company’s potential for sediment-hosted copper discoveries, particularly along 10km of the interpreted D’Kar-Ngwako Pan Formation contact, directly adjacent to MMG’s substantial Khoemacau deposits. The deal, involving a blend of cash, shares, and a net smelter royalty, underscores Leviathan’s growing commitment to Botswana’s mining sector and its pursuit of critical copper resources.
Rox Resources has officially approved the Final Investment Decision (FID) for its fully owned Youanmi Gold Project in Western Australia, signaling immediate commencement of significant construction activities. This pivotal decision, following the approval of the Mine Development and Closure Proposal amendment, positions the project as fully funded with A$350 million in credit and A$218 million from capital placements, targeting its first gold pour by mid-2027. The project's progression underscores its robust funding strategy and adherence to a critical development timeline within the region's prominent gold sector.
News McLaren Minerals begins drilling work at titanium project The company is conducting a comprehensive and systematic drilling programme aimed at improving resource classification. Shree Mishra March 18, 2026 Share Copy Link Share on X Share on Linkedin Share on Facebook The campaign aims to upgrade resources from indicated to measured classification, employing a 150m × 150m grid drilling pattern. Credit: Maxim Maksimovich/Shutterstock.com. McLaren Minerals has announced the start of a 13,000m drilling campaign at the McLaren Titanium deposit in Western Australia. The company is conducting a comprehensive and systematic drilling programme aimed at improving resource classification, supplying data for future reserve evaluation and expanding the resource. Go deeper with GlobalData Reports Patrocinio Project Reports Meliadine Project Go deeper with GlobalData The gold standard of business intelligence. Find out more Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more The campaign focuses on upgrading large sections of the resource from indicated to measured classification, with specific areas to be drilled in a 150m × 150m grid pattern to enhance classification confidence. Additionally, parts of the deposit currently classified as inferred resources are being targeted for potential...
Troilus Mining has officially advanced its long-term copper-gold concentrate offtake strategy by signing a Memorandum of Understanding (MoU) with Boliden Commercial, building upon prior commercial terms. This agreement for its north-central Québec project, coupled with an earlier MoU with Aurubis, is critical for de-risking the project, securing a prospective $1 billion debt facility from international financial institutions, and moving towards a construction phase. The Troilus Project's May 2024 feasibility study projects an annual output of approximately 135.4 million pounds of copper equivalent, underscoring its significant scale and strategic importance within a jurisdiction recognized for stable, clean-energy mineral development.
Riverside Resources has finalized the acquisition of three key mineral concessions – La Famosa and Dana 7 – within its Union Project district in Sonora, Mexico, securing full ownership and eliminating future royalty burdens. This strategic consolidation, completed through its Mexican subsidiary RRM Exploración, enhances the company's district-scale land position and boosts exploration efforts for carbonate replacement deposit (CRD)-style gold-silver-polymetallic mineralization, backed by a significant exploration funding agreement with partner Questcorp. The move underscores Riverside's commitment to advancing its Mexican portfolio, following a multi-year option agreement initiated in 2021.
<p></p>
<p>Eldorado Gold has secured crucial operating authorization for its high-grade Ormaque gold deposit at the Lamaque Complex in Val-d’Or, Quebec, Canada, from the Ministry of the Environment, the Fight Against Climate Change, Wildlife and Parks. This approval, announced on March 17, 2026, empowers Eldorado to commence underground mining at Ormaque and transport the ore to the existing Sigma Mill, significantly enhancing production flexibility and reinforcing Lamaque as a cornerstone asset within the company's portfolio. The move underscores Eldorado's strategic commitment to optimizing existing infrastructure and driving long-term value through targeted exploration and operational efficiencies, including plans for ongoing drilling and potential mill expansion studies.</p>
<p>
Athena Gold has significantly expanded its exploration portfolio, concluding the acquisition of the Forester Gold Project in northwestern Ontario, Canada, on March 16, 2026. This strategic move, valued at approximately C$3.36 million in Athena Gold shares, positions the company as a key player in a highly prospective region, with the Forester Project situated near Orla Mining’s successful Musselwhite Gold Mine. The acquisition underscores Athena Gold’s strategy to target potentially overlooked ground with geological characteristics favorable for modern bulk-tonnage orogenic gold systems.
Canyon Resources has marked a significant operational milestone at its Minim Martap bauxite project in Cameroon, mobilizing a surface miner with mining operations expected to commence by the end of March 2026. The Australian company is targeting first bauxite production in early Q2 2026, with the initial ore shipment projected for Q3 2026, supported by secured financing through existing cash and an AFG Bank Cameroon facility. This development underscores the project's rapid transition towards becoming a globally significant, high-grade bauxite producer, with ongoing logistics and offtake discussions advancing concurrently.
