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Gold Mining News

52 articles about gold mining

Edinburgh researchers license tech to extract gold and copper from electronic waste

The University of Edinburgh has licensed its innovative Gold Copper Diamide Extraction (GCDE) technology to mineral processing company Lithium Universe, marking a significant advance in sustainable metal recovery from electronic waste. This process offers a cleaner, more efficient alternative to traditional smelting and aggressive leaching, selectively extracting high-value gold and copper under mild conditions without harmful chemicals. Lithium Universe plans to deploy this solution globally, integrating it into its expanding precious metals recycling division to address the rapidly growing problem of e-waste and strengthen its position in the circular economy.

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American Critical Minerals secures BLM permits for 2026

American Critical Minerals has secured final potassium prospecting permits from the US Bureau of Land Management for its Green River Project in Utah, set to commence on June 1, 2026. This pivotal development, the culmination of over a decade of work, will enable the company to initiate a seven-drill-hole program to evaluate historical potash data and explore for lithium and bromine within the Paradox and Leadville formations. The project underscores a strategic move towards bolstering domestic supply chains for essential agricultural and critical battery minerals in the United States.

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Copi Critical Minerals Project receives NSW government approval

<p></p> <p>RZ Resources has achieved a significant milestone with its Copi Critical Minerals Project, securing development approval from the New South Wales Department of Planning, Housing and Infrastructure. This pivotal regulatory clearance positions the large-scale operation, located near Wentworth in south-western NSW, to target initial production by early 2029, promising substantial contributions to global supply chains for titanium minerals, premium zircon, and rare earth elements. The project has garnered robust international backing from the governments of Australia, the US, Japan, and India, underscoring its strategic importance and anticipated economic impact on the region.</p> <p>

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Element 25 appoints Regroup for Butcherbird mining contracts

Element 25 has announced the appointment of Regroup Australia for comprehensive mining services and ore haulage at its Butcherbird Manganese Mine in Western Australia, a crucial step in its plan to boost concentrate production to 1.1 million tonnes per annum. This integrated contractual model aims to enhance efficiency, reduce costs, and secure a robust pit-to-port supply chain, supporting both traditional ferroalloy markets and Element 25's planned high purity manganese sulphate monohydrate facility in Louisiana, US. The project, backed by a significant ore reserve and nearing financial close with the Northern Australia Infrastructure Facility, anticipates mechanical completion and commissioning in the first quarter of 2027.

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Victory Metals gains access to US DIBC

Australian-listed miner Victory Metals has been granted membership in the US Defense Industrial Base Consortium (DIBC), effective May 26, 2026. This approval provides the company direct access to US Department of Defense funding, prime contractors, and critical minerals procurement systems. The move highlights Victory Metals' North Stanmore project, which possesses a unique profile of rare earth elements and strategic minerals vital for national security and currently subject to Chinese export restrictions.

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GoldMining starts exploration drilling at Colombia’s Yarumalito project

GoldMining Inc. has commenced a significant exploration drilling program at its wholly owned Yarumalito Gold-Copper Project in Colombia's prolific Mid Cauca belt. This fully funded initiative, comprising approximately 1,200 meters of diamond drilling, aims to build upon previous geological work and target underexplored sections of the P-1 porphyry unit, which holds strong potential for gold-copper mineralization. The program marks GoldMining's second active exploration effort in the Americas for 2026, underscoring its commitment to advancing large-scale gold-copper systems within strategic jurisdictions.

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Fortescue begins construction on 690MW solar farm in Pilbara

Fortescue has commenced construction on the 690MW Turner River solar farm and a 650MWh battery energy storage system at its Cloudbreak mine in Australia's Pilbara, marking a significant step in its "Real Zero" decarbonization initiative. These projects, alongside an aggressive fleet electrification program and extensive transmission network development, underscore the iron ore major's commitment to powering its operations entirely with renewable energy by 2028, setting a precedent for the global mining industry.

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Blue Lagoon achieves commercial production at Dome Mountain gold-silver project in BC

Blue Lagoon Resources (CSE: BLLG) has officially declared commercial production at its 100% owned Dome Mountain gold-silver project in British Columbia, Canada, marking a significant transition to active operations. This achievement, announced on May 25, 2026, follows a sustained underground mining rate exceeding 100 tonnes per day for over 30 consecutive days. The milestone is further underscored by a C$3 million strategic equity investment from offtake partner Ocean Partners Holdings, signaling strong market confidence in the project's future.

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Energy Secretary Keeps Critical Generation Online in Mid-Atlantic

The U.S. Department of Energy has issued a critical emergency order ensuring the continued operation of Units 3 and 4 of the Eddystone Generating Station in Pennsylvania, a natural gas and oil-fired facility, from May 25 to August 22, 2026. This mandate, the latest in a series of interventions since May 2025, aims to mitigate blackout risks and maintain grid stability in the Mid-Atlantic PJM region, highlighting the ongoing challenges of balancing generator retirements with rising electricity demand, a situation with significant implications for energy-intensive sectors like mining.

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MAX Power secures $18M from Sprott in boost to plans for Canadian hydrogen

MAX Power Mining has secured a significant C$25 million ($18 million) investment from prominent mining investor Eric Sprott, bolstering its efforts to accelerate the commercial validation of Canada’s first natural hydrogen system at its Lawson project in Saskatchewan. This capital injection is set to fund an expanded multi-well drilling program targeting high-priority areas identified through 3D seismic data, with the aim of confirming what the company believes could be the world’s inaugural large-scale commercial natural hydrogen discovery, alongside substantial helium potential. The development positions Saskatchewan to potentially emerge as a crucial hub for this nascent primary energy source, signaling a pivotal moment for both MAX Power and Canada's clean energy ambitions.

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Secretary Wright Announces Leadership Changes to Deliver Affordable, Reliable and Secure Energy to the American People

The U.S. Department of Energy (DOE) has announced significant leadership changes, with Kyle Haustveit confirmed as Under Secretary of Energy and Alex Fitzsimmons appointed as Associate Deputy Secretary and Senior Advisor to Secretary Chris Wright. These appointments, occurring on May 22, 2026, signal a potential continued emphasis on domestic energy production, including hydrocarbons and geothermal, aligning with President Trump’s energy agenda and holding substantial implications for the U.S. mining sector, particularly coal and critical minerals.

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Banana waste finds new role in Australian mining blast operations

Papyrus Australia has successfully pioneered a novel approach to sustainable mining by converting discarded banana plantation waste into biodegradable blast collars for open-cut operations. This innovation, highlighted by a A$4.2 million supply deal with TBS Mining Solutions, offers a compelling circular economy solution, addressing both agricultural waste challenges and the mining industry's demand for environmentally responsible consumables. The initiative aims to reduce methane emissions from decaying biomass while providing an effective, eco-friendly alternative for critical blasting operations.

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Great Southern initiates AMT survey at La Colorada prospect

Great Southern Copper has launched a sophisticated audio-frequency magneto-telluric (AMT) geophysics survey at its La Colorada prospect within Chile’s Especularita Project, covering 33km² to identify hidden porphyry copper deposits beneath a high-sulphidation lithocap. This strategic move, conducted by Southernrock Geophysics, aims to map depths over 1,000m and will directly inform first-pass scout drilling, poised to commence in the second half of 2026. The initiative underscores the company's commitment to unlocking significant copper resources in a geologically prospective region of Chile, known for hosting world-class deposits like Los Pelambres and El Pachon.

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Energy Secretary Strengthens Mid-Atlantic Grid Reliability

U.S. Secretary of Energy Chris Wright has issued an emergency order, effective May 22, 2026, to ensure grid stability and prevent energy shortfalls for 65 million Americans across 13 states and the District of Columbia. This directive authorizes PJM Interconnection and Talen Energy Corporation to operate Unit 4 of the Wagner Generating Station in Maryland beyond its typical operating limits, responding to a "growing resource adequacy concern" ahead of anticipated summer demand and generator outages. The action underscores the critical balance between evolving energy infrastructure and the unwavering need for reliable, affordable power crucial for energy-intensive sectors like mining.

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Arafura announces FID on Nolans project in Australia

Arafura Rare Earths has announced its Final Investment Decision (FID) for the Nolans Rare Earths Project in Australia’s Northern Territory, marking a significant step towards establishing the country's first fully integrated ore-to-oxide rare earths operation. This pivotal development, supported by strong financial commitments from the Australian government and robust international offtake agreements, positions Nolans to deliver 4,440 tonnes per annum of neodymium-praseodymium oxide, crucial for the automotive, wind energy, and high-technology sectors amidst a global drive to diversify critical minerals supply chains. Construction for the project is slated to commence in September 2026, with Hatch leading engineering, procurement, and construction management.

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Perpetua Resources receives $2.9bn loan from EXIM

Perpetua Resources has secured a landmark $2.9 billion senior secured long-term loan from the Export-Import Bank of the US (EXIM) to finance its Stibnite Gold Project in Idaho. This significant funding, announced on May 22, 2026, positions the project to become the United States' sole domestic producer of antimony, a critical mineral for national security, while also advancing gold production and comprehensive environmental remediation of an abandoned mining district. The loan underscores a concerted effort to enhance American mineral independence and domestic manufacturing under EXIM’s Make More in America Initiative.

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Helix buys 50% stake in Weerianna Gold-Lithium Project

Helix Resources has strategically acquired a 50% interest in the Weerianna Gold-Lithium Project in Western Australia's West Pilbara from Western Metals, a move valued at A$1,327,915. This acquisition positions Helix in a Tier 1 mining region known for both established gold resources and rapidly emerging lithium potential, underscored by a historical JORC inferred gold resource of 62,700 ounces and documented lithium occurrences. The company plans immediate exploration to delineate these dual-commodity prospects, further diversifying its growing portfolio.

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IonicRE and Nth Cycle partner to boost rare earth refining

Ionic Rare Earths (IonicRE) and Nth Cycle have forged a joint development and licensing agreement dated May 21, 2026, to revolutionize rare earth element (REE) refining in the US and globally. This partnership leverages Nth Cycle’s innovative electro-extraction technology to replace conventional oxalic acid processes, aiming to significantly reduce costs, mitigate supply chain dependencies on China, and lower the carbon footprint of REE production. The initiative supports IonicRE’s broader strategy for vertically integrated rare earth recycling in the US, aligning with the critical minerals framework established between the US and Australia.

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Agnico doubles Wallbridge Mining stake to over 19%

Agnico Eagle Mines has significantly increased its strategic investment in junior explorer Wallbridge Mining, more than doubling its stake to 19.62% with an additional C$22.44 million investment. This move, part of a larger C$56 million private placement, aims to facilitate the completion of a Pre-Feasibility Study for Wallbridge's flagship Fenelon gold project in northern Quebec. The investment underscores Agnico's commitment to expanding its exposure to high-potential gold assets within Canada's prolific Abitibi region, solidifying its position along the strategic Sunday Lake deformation zone.

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Canada Nickel, GeoRedox launch first-of-its-kind hydrogen initiative at Crawford

Canada Nickel Company and GeoRedox Corporation have launched a pioneering initiative to develop the world’s first stimulated geologic hydrogen well at Canada Nickel's Crawford project in Ontario. This partnership aims to produce zero-carbon hydrogen from vast ultramafic rock formations, a critical step towards establishing a sustainable, zero-carbon industrial cluster in Northeast Ontario that will process critical minerals like nickel, chromium, and cobalt using locally sourced, clean energy.

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Energy Secretary Issues Emergency Order to Deploy Backup Generation in the Mid-Atlantic Amid Heatwave

The U.S. Department of Energy (DOE) issued an emergency order on May 18, 2026, authorizing PJM Interconnection, LLC to deploy backup generation in the Mid-Atlantic to mitigate potential blackouts during a heatwave and amid seasonal maintenance outages. This move, prompted by a request from PJM, underscores the critical importance of grid stability for industries like mining, which are heavily reliant on continuous, reliable power. The order highlights ongoing national energy security concerns and the economic impact of power outages, which cost the U.S. economy an estimated $44 billion annually.

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Jeff Currie sees gold price pullback before $10,000 run

Veteran commodities strategist Jeffrey Currie forecasts a significant near-term pullback for gold, potentially to $4,000 per ounce, driven by geopolitical tensions and central bank gold sales. However, Currie maintains his long-term bullish stance, projecting a surge to $10,000 per ounce as part of a multi-decade commodity super cycle fueled by massive capital expenditure in the technology sector and persistent underinvestment in physical assets.

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Graphite One secures site for Alaska-Ohio supply chain

Graphite One has announced it has secured a critical site in Conneaut, Ohio, for its Active Anode Materials (AAM) facility, a pivotal step in establishing a fully integrated U.S.-based graphite supply chain. This strategic location, offering extensive logistics and infrastructure advantages, will process graphite from the company's flagship Graphite Creek project in Alaska, which boasts the largest graphite deposit in the United States. Supported by over $2 billion in potential funding from the U.S. Export-Import Bank, this initiative is set to deliver essential anode materials for electric vehicles, grid-scale energy storage, and data centers by Q4 2027, significantly bolstering domestic critical mineral independence.

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Energy Secretary Saves Midwest from Losing Critical Coal Generation Ahead of Peak Summer Demand

The U.S. Department of Energy has issued a critical emergency order to keep the J.H. Campbell coal-fired power plant in West Olive, Michigan, operational through August 16, 2026, averting potential grid reliability issues and blackouts in the Midwest during peak summer demand. This move highlights ongoing concerns about grid stability and resource adequacy, underscoring the vital, dispatchable role of coal despite planned retirements across the nation. The decision impacts the mining sector by reinforcing the continued demand for thermal coal in specific, high-stakes scenarios.

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Rokeby announces 20-year licence renewal for Omeo Gold Project

Rokeby Resources has secured a crucial 20-year renewal for Mining Licence MIN 4921 (ML 4921), a key component of its Omeo Gold Project in Victoria, Australia, ensuring tenure until May 2044. This extension strengthens the company's control over the Mt Wills goldfield, home to the Maude and Sunnyside deposits with a historical estimate of 320,000 ounces of gold at 4 grams per tonne, enabling robust long-term exploration and development strategies. The renewal provides a solid foundation for Rokeby to advance its high-grade gold asset amidst a dynamic global commodities market.

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Anglo coal sale highlights broader Australian coal transition: GlobalData

Anglo American's recent divestment of its Queensland steel-making coal portfolio to Dhilmar for up to $3.88 billion marks a pivotal acceleration in the mining giant's strategic pivot towards copper and critical minerals. This move, reported by GlobalData, underscores broader shifts within Australia's coal sector and highlights the intensifying global push by major mining houses to de-risk portfolios from fossil fuels while capitalizing on the burgeoning demand for commodities vital to the energy transition. The transaction signals a decisive step in Anglo's portfolio optimization, indicative of a wider industry trend embracing a more sustainable and future-oriented commodity focus.

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Australia orders six Northern Minerals investors to divest stakes

Australia has mandated six China-linked investors to divest approximately 17% of their shares in Northern Minerals within two weeks, citing national interest concerns over attempts to gain control of the company. This action, following a similar intervention in 2024, underscores Australia's commitment to securing its critical minerals supply chain, particularly for heavy rare earths like dysprosium and terbium from the pivotal Browns Range project, central to Western nations' efforts to reduce dependency on China.

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Inspiration Mining starts drilling at Rottenstone North project

Inspiration Mining has commenced its inaugural drilling program at the Rottenstone North Gold-Copper Project in northern Saskatchewan, Canada. Targeting volcanogenic massive sulphide (VMS) deposits, the drilling is strategically positioned near established mineralized trends and recent high-grade discoveries by Ramp Metals. This initiative follows nearly two years of meticulous groundwork and satellite data analysis, with the company’s CEO expressing high optimism for uncovering significant VMS-style mineralization.

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Honda halts $11B Ontario plant amid losses

Honda has indefinitely suspended its planned C$15 billion ($11 billion USD) electric vehicle and battery complex in Alliston, Ontario, a move that significantly curtails Canada's ambition to build a robust domestic EV supply chain. This decision, announced May 15, 2026, follows Honda’s recent reporting of a substantial full-year loss and reflects broader headwinds in the EV market, including high costs, fluctuating policy signals, and persistent trade tensions between the U.S. and Canada. The suspension underscores a critical period of adjustment for automakers and the battery metals sector alike, as investment strategies are re-evaluated amidst an evolving global economic landscape.

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Gold price falls back to $4,500 on heightened inflation fears

On May 15, 2026, spot gold prices experienced a significant selloff, falling 3% to approximately $4,500 per ounce, driven by escalating concerns over global inflation, surging bond yields, a strengthening US dollar, and continued geopolitical tensions in the Middle East. This decline, which also impacted silver and copper, has prompted analysts to revise short-term price targets, even as bullion maintains a positive year-to-date performance. The situation underscores the profound influence of macroeconomic factors and geopolitical instability on the global commodity markets and the mining sector.

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Nouveau Monde to proceed with G7’s biggest graphite mine

Nouveau Monde Graphite has approved the final investment decision and secured full financing for its Matawinie graphite mine in Quebec, positioning it to become the largest graphite operation in the G7. With over $644.5 million mobilized and a strategic offtake agreement with the Government of Canada, this project is critically important for establishing a robust North American supply chain for battery anode materials, with commercial production anticipated by late 2028.

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Mine restarts support West Africa’s gold recovery in 2026

West Africa's prominent role in global gold supply is poised for a significant shift by 2026, according to an analyst comment from GlobalData. Ivory Coast is projected to ascend to become the third-largest gold producer in the region, surpassing Mali, while Ghana is expected to maintain its position as Africa's largest gold producer in 2025 and anchor West African output. This regional recovery is significantly supported by the resurgence of mine restarts across the sector.

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Anglo American’s ‘digital mine’ claims challenged in new Peru report

<p></p> <p>NGOs have issued a significant challenge to Anglo American's claims of verifiable environmental and community outcomes at its flagship digital Quellaveco copper mine in Peru. The report, published on May 14, 2026, specifically questions whether the advanced technological approaches touted by the mining giant are effectively translating into tangible and demonstrable benefits for local ecosystems and communities. This development casts a spotlight on the broader industry's push for "smart mining" and the critical importance of transparent, auditable ESG performance in securing and maintaining a social license to operate.</p> <p>

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Energy Secretary Continues Progress to Strengthen Energy Reliability in Puerto Rico

The U.S. Department of Energy (DOE) has renewed two critical emergency orders for Puerto Rico, authorizing the local electric authority to exceed normal generation limits and enhance vegetation management to ensure grid stability. Effective immediately and extending through August 9, 2026, these measures aim to bolster energy reliability ahead of peak summer demand and the upcoming hurricane season, building on previous successes in preventing island-wide blackouts. This initiative highlights the crucial role of resilient energy infrastructure, offering valuable lessons for the global mining sector concerning operational continuity and investment stability.

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New episode: OTC 2026 – Insights from the ground

The Offshore Technology Conference (OTC) 2026 recently concluded, with an exclusive episode of <em>Energy Technology: Industry Insights</em> offering a deep dive into the technological trends and disruptive forces shaping offshore oil and gas operations. While primarily focused on energy, the podcast's discussions and the expertise of its parent company, GlobalData, hold significant implications for the mining sector, highlighting shared challenges in automation, sustainability, and complex operational environments. This article explores the key insights from OTC 2026 and their broader relevance to mining industry professionals.

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Middle East aluminium disruption drives market towards historic deficit

Operational shutdowns and acute logistics disruptions across vital aluminium smelters in the Middle East are poised to drive the global aluminium market towards a historic supply deficit. This critical development, flagged by CRU's Paul Williams on May 13, 2026, could sustain aluminium prices near the significant benchmark of $4,000 per tonne, underscoring the delicate balance of global commodity supply chains. The region’s pivotal role in global aluminium production means these challenges have far-reaching implications for downstream industries and international investors.

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Larvotto identifies tungsten opportunities at Curry’s Block prospect

Larvotto Resources is fast-tracking the evaluation of tungsten potential at its Curry’s Block prospect, part of the fully owned Hillgrove Antimony-Gold Project in New South Wales, Australia. This decision comes as Western governments classify tungsten as a critical mineral, with prices reaching record highs amidst China's dominant global production. The company’s comprehensive review of historical data at Curry’s Block has identified a robust gold-tungsten-antimony system, prompting approvals for new diamond drilling to commence shortly, expanding on previous exploration efforts.

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San Lorenzo hits all-time high on Chile gold assays

San Lorenzo Gold experienced an all-time high in its stock valuation after announcing new gold assay results from the Arco de Oro target at its Salvadora project in Chile. The drilling intercepts, including 102 meters grading 1.33 grams per tonne gold, indicate the potential for a larger, gold-rich porphyry copper-gold system, significantly boosting investor confidence and solidifying the Canadian junior explorer's position on the TSX Venture Exchange. This development underscores the rich mineral potential of Chile's Atacama region, particularly near Codelco's established El Salvador mine.

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Freeport delays Grasberg full restart to early 2028

PT Freeport Indonesia has announced a further delay in the full restart of its Grasberg mine in Central Papua, Indonesia, pushing the target to early 2028. This postponement follows a severe mudflow incident in September last year that halted operations and claimed seven lives, significantly impacting global copper and gold supply chains. The revised timeline, attributed to additional work on logistics and ore handling infrastructure, sees a reduction in projected 2026 copper output and compounds pressures on an already tight global copper market.

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Rare Earths Americas surges after debut, bets on US discovery

Rare Earths Americas (NYSE: REA) successfully launched its initial public offering on the NYSE American on May 8, 2026, raising $63.3 million and quickly seeing its stock surge over 26% above its IPO price. The company is advancing a portfolio of four heavy rare earth exploration projects in Brazil and the United States, with a particular focus on its Shiloh district in Georgia, which management believes could represent a significant, novel discovery that transforms the US rare earth supply landscape. REA’s strategy emphasizes the production of rare earth concentrates for existing Western processors, aiming to mitigate technical risks associated with separated oxide production and bolster secure supply chains for critical magnet materials.

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Rolls-Royce to test hybrid trucks for mining operations

Rolls-Royce Power Systems announced on May 8, 2026, plans to commence field testing of an innovative hybrid drive system for mining haul trucks in autumn 2026. Integrating mtu Series 4000 engines with an electric drivetrain, this technology is projected to reduce fuel consumption and CO2 emissions by up to 30% by recapturing braking energy during downhill travel. This initiative directly addresses the global mining industry's urgent need for enhanced operational efficiency and significant decarbonization in response to growing critical mineral demand and ambitious sustainability targets.

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What is ‘Premium Content’ on Mining Technology?

Mining-Technology.com has introduced a new free 'Premium Content' subscription, providing readers with access to deeper analysis, features, and data-led insights backed by its parent company, GlobalData. Launched on May 8, 2026, this initiative aims to protect intellectual property and better understand audience engagement in a media landscape increasingly challenged by AI, while delivering valuable, actionable intelligence to mining professionals. The service requires a simple free registration, with plans for enhanced user profile functionality in the future.

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Gold Reserve launches American Heralds in the US

Gold Reserve has announced the formation of American Heralds Mining Corporation, a new US-based entity, and plans a strategic spin-out to transfer its Venezuelan mining interests, including the Siembra Minera project, and its Alaskan property to American Heralds. This initiative, targeting a Q3 2026 completion, aims to bolster US critical mineral supply chains, aligning with national security objectives and setting the stage for American Heralds' potential US IPO, while Gold Reserve transitions to an investment holding company under a new name, Hamilton American Holdings.

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Gold price rebounds on US-Iran deal hopes

Gold prices experienced a significant rebound on May 5, 2026, surging by 3.6% to over $4,700 per ounce, as optimism surrounding a potential US-Iran peace deal alleviated concerns over inflation and a prolonged period of high interest rates. This upswing, which also saw silver climb over 6%, marks a reversal after a 10-week conflict had previously caused bullion to decline by 11%. The market now shifts its focus to upcoming US economic data and the Federal Reserve's monetary policy, though official-sector gold purchases continue to underpin a positive long-term outlook for the metal.

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Ontario to axe early-stage red tape, mining minister says

Ontario is set to enact new legislation this autumn to significantly reduce regulatory burdens on early-stage mining projects, aiming to catalyze private investment and shorten development timelines. This move coincides with a strategic pivot in the province's mineral strategy from electric vehicle components towards "defence metals," amidst stalled battery plant projects. Furthermore, Ontario is strongly backing Toronto's bid to host the NATO Defence, Security and Resilience Bank, leveraging its robust mining finance and defence sectors to strengthen North American supply chains and influence ongoing Canada-United-States-Mexico Agreement (CUSMA) review discussions.

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Op-Ed: What Canada’s sovereign wealth fund, defence industrial strategy mean for miners

Canada has launched two significant federal initiatives – the Canada Strong Fund, a new national sovereign wealth fund with C$25 billion over three years, and a comprehensive Defence Industrial Strategy. These efforts, highlighted by industry experts Jennifer Wasylyk and Carla Potter of Cassels, signal a fundamental redefinition of critical minerals as national security assets rather than mere commodities, profoundly impacting how mining projects may be financed, prioritized, and regulated across the nation.

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Canadian Mint to disclose sourcing data after report on cartel gold ties

<p><strong></strong></p> <p>The Royal Canadian Mint has announced significant changes to its gold sourcing disclosure policies following a New York Times investigation that alleged some of its refined gold may have originated from mines controlled by a Colombian drug cartel. Effective immediately, the Crown corporation has suspended refining material from the implicated supply chain and will begin disclosing country-of-origin data by material type on its website, providing enhanced transparency for the global precious metals market.</p> <p><strong>

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Silver Sands to acquire Fairfield Gold Project in Mexico

Silver Sands Resources has signed a definitive agreement to acquire a 100% interest in the Fairfield Gold Project in Mexico’s State of Nayarit from Fairfields Gold. This strategic move, involving approximately $675,000 in cash and 5.15 million common shares over four years, positions Silver Sands to explore a historically significant property with high-grade gold and silver mineralization identified by ASARCO nearly a century ago. The acquisition underscores the project's exploration potential within Mexico, a key mining jurisdiction.

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Endeavour Mining Q1 2026 gold output falls to 282,000oz

Endeavour Mining reported a mixed operational and financial performance for Q1 2026, with gold production falling to 282,000 ounces from 341,000 ounces in Q1 2025. Despite this, the company achieved record financial results, including an 81% increase in EBITDA to $872 million, driven by a significantly higher average realised gold price of $4,810/ounce. Endeavour is also progressing its cornerstone Assafou development project, targeting a final investment decision by year-end 2026, further solidifying its future growth pipeline.

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Energy Department Issues RFP to Continue Swift Execution of President Trump’s 172-Million-Barrel Strategic Petroleum Reserve Exchange

The U.S. Department of Energy (DOE) issued a new Request for Proposal (RFP) on April 30, 2026, for an emergency exchange of up to 92.5 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). This action is a continuation of President Trump’s 172-million-barrel release, part of a larger 400-million-barrel coordinated effort by International Energy Agency (IEA) member nations aimed at stabilizing global oil supplies. The initiative leverages the SPR’s exchange authority to provide immediate market relief while growing the reserve through premium barrel returns from participating companies.

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Five ways ultra-low zinc additives are redefining drivetrain performance

The mining industry is witnessing a significant paradigm shift in lubricant technology, driven by the dual pressures of optimizing equipment longevity and meeting stricter regulatory standards. A new whitepaper from Petro-Canada Lubricants, previewed by Mrudvi Bakshi on April 30, 2026, details how ultra-low zinc (ULZ) additives are fundamentally redefining the performance of heavy-duty drivelines, promising enhanced durability and efficiency for critical assets like excavators and haul trucks operating in demanding 24-hour cycles. This evolution from traditional ZDDP chemistry to advanced ashless anti-wear solutions is crucial for sustained high-performance operations.

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Secretary Wright Signs Agreements To Grow American LNG Exports, Advances 'Trump Peace Pipelines Framework'

U.S. Secretary of Energy Chris Wright recently announced a series of significant agreements at the Three Seas Initiative (3SI) Summit in Dubrovnik, Croatia, signaling a substantial increase in American energy influence across Central and Eastern Europe. These deals, valued at billions of dollars in private capital, are set to bolster the region's energy security through expanded U.S. liquified natural gas (LNG) imports, new natural gas infrastructure, and advancements in civil nuclear cooperation, including the deployment of U.S. small modular reactor (SMR) technology. The initiatives are anchored by the formal launch of the "Trump Peace Pipelines Framework," aiming to solidify the U.S. as a premier energy partner and create significant demand across the mining and construction sectors.

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