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Gold Mining News

68 articles about gold mining

Weir targets mill circuit wear as miners push for higher throughput

Weir PLC has launched the WARMAN MCR² mill circuit pump, featuring eight patented technologies to address the increasing complexities of mineral processing. Introduced on August 27, 2026, the pump integrates advancements in hydraulics, wear management, serviceability, and condition monitoring, aiming to extend operating campaigns and enhance predictability in demanding mining environments without requiring significant infrastructure changes. This innovation is poised to help miners improve throughput and manage costs as they process more challenging ore bodies globally.

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WA Government and YNAC appeal Fortescue compensation ruling

The Western Australian Government and the Yindjibarndi Ngurra Aboriginal Corporation (YNAC) have lodged separate appeals against a Federal Court ruling from May 2026, which ordered Fortescue Metals Group to pay A$150.3 million ($107.9 million USD) in compensation for iron ore mining activities conducted without a native title agreement. This landmark decision, considered one of the largest under Australia’s native title laws, now faces scrutiny from both the Indigenous group, seeking a higher amount, and the state government, advocating for clearer legal frameworks for future agreements. The appeals underscore the complex and evolving landscape of native title in Australia's vital mining sector, with significant implications for industry operations and Indigenous rights.

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DOE and SBA Launch SBIC-E Initiative to Unleash Private Capital for American Innovation and Small Businesses

The U.S. Department of Energy (DOE) and the U.S. Small Business Administration (SBA) have launched the Small Business Investment Company-Energy (SBIC-E) Initiative, a new strategic partnership designed to channel private capital into American small businesses critical to energy production, national security, and domestic manufacturing. Signed on August 24, 2026, this memorandum of agreement leverages the SBA's established SBIC Program to fund innovative technologies, with a significant focus on critical minerals, advanced manufacturing, and advanced materials, offering a new avenue for growth within the mining sector.

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Metso to acquire hose and cavity pumps business from Valmet

Metso announced on August 24, 2026, its agreement to acquire Valmet’s peristaltic hose pump and progressive cavity pump businesses, including associated aftermarket services, with the transaction expected to close on October 1, 2026. This strategic acquisition, aimed at enhancing Metso's comprehensive slurry handling solutions for the mining and industrial sectors, will integrate the Flowrox-branded technologies into Metso's pumps portfolio, relocating production and personnel to Lappeenranta, Finland. The move underscores Metso's commitment to delivering robust, end-to-end solutions for demanding process conditions globally.

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Peako to launch UAV magnetic surveys across five Saudi projects

Peako is set to initiate advanced unmanned aerial vehicle (UAV) magnetic surveys across five critical gold exploration targets within its Saudi Arabian licenses, beginning August 24, 2026. This comprehensive geophysical program, covering 54 square kilometers with 1,400 line kilometers, is designed to enhance geological models and refine drill targets ahead of the company's inaugural drilling campaigns in the Kingdom, scheduled to commence in October. The high-resolution data collection aims to build upon promising historical intercepts and surface sample results at sites like Sukhaybarat South, Wadi Jarir, and Jabal Jumaymah.

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PLS awards TOMRA contract for 22 ore sorters at Pilgangoora, WA

Pilbara Minerals Limited (PLS), through its subsidiary Pilgangoora Operations, has awarded TOMRA Mining a significant contract to supply 22 X-ray transmission (XRT) ore sorters for the proposed P2000 expansion at its Pilgangoora lithium operation in Western Australia. This strategic move, part of PLS's pre-final investment decision (FID) early works program, aims to expand the operation's processing capacity to over two million tonnes of spodumene concentrate annually, reinforcing the role of advanced sensor-based sorting in high-throughput lithium production. The contract builds upon a long-standing partnership between PLS and TOMRA, underscoring the proven reliability and efficiency of XRT technology in critical mineral processing.

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Peru investigates fatal accident at Las Bambas copper mine

A tragic incident at MMG's Las Bambas copper mine in Peru resulted in two fatalities and three injuries during pump replacement maintenance on August 18. Peru’s National Superintendency of Labor Inspection (Sunafil) has launched an investigation, prompting a temporary suspension of operations at the mine, which accounts for approximately 2% of global copper output. This event underscores the critical importance of safety protocols in high-altitude mining environments and highlights the operational risks inherent in the sector.

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Energy Secretary Keeps Critical Generation Available in Mid-Atlantic

U.S. Secretary of Energy Chris Wright has issued an emergency order directing PJM Interconnection and Constellation Energy Corporation to keep Units 3 and 4 of the Eddystone Generating Station in Pennsylvania operational from August 23, 2026, through November 20, 2026. This directive, overriding a planned May 31, 2025 shutdown, aims to prevent critical grid reliability issues and potential blackouts in the Mid-Atlantic, underscoring the ongoing national debate about maintaining baseload capacity amid energy transition efforts. The decision highlights the strategic importance of traditional power sources, including coal, natural gas, and nuclear, for ensuring grid stability during peak demand.

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Vox Royalty Australia to acquire two mining royalties

Vox Royalty Australia has announced a binding agreement to acquire two significant mining royalties in Queensland and Western Australia for up to A$3.4 million in cash. These acquisitions, covering the Kalman copper-molybdenum-gold-rhenium deposit and a broad exploration package in Western Australia, strategically enhance Vox's Australian portfolio with assets offering exposure to critical minerals and proximate processing infrastructure, underlining the company's focus on high-potential, de-risked investments. The deal includes a 2% royalty on the Kalman project, which is poised for potential fast-tracked development by Austral Resources, and a 1-1.5% net smelter return royalty over 1,700km² in Western Australia.

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ANM confirms 13 dead, seven injured in Colombia gold mine landslide

A tragic landslide at an unlicensed open-pit gold mine in Colombia on August 21, 2026, has claimed 13 lives and injured seven, underscoring the severe safety risks inherent in informal mining operations. The incident, occurring in the village of Puerto Rico, Nariño, involved unstable soil conditions and the alleged use of heavy machinery without proper regulation, drawing immediate response from the National Mining Agency (ANM) and highlighting the critical challenges of oversight and formalization within Colombia's extensive artisanal mining sector. This event adds to a concerning pattern of fatal accidents in the country's unregulated mining landscape, where hundreds of thousands rely on such activities for their livelihoods.

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Galantas Gold secures final approval for Chile’s Andacollo Project

Galantas Gold has secured the final regulatory approval from Chile’s National Geology and Mining Service (Sernageomin) for the operational reactivation of the Ripios Dumps at its Andacollo Gold Project. This crucial consent, received in August 2026, permits the resumption of activities at Dumps VII, VIII, and IX, which retain an estimated 16.4 million tonnes of authorized capacity. The approval paves the way for Galantas to restart a historically significant gold operation, signaling a new chapter for the project acquired by the company in June 2026.

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Amigo Resources, STAMICO sign MoU for graphite project in Tanzania

Amigo Resources and the State Mining Corporation of Tanzania (STAMICO) have signed a memorandum of understanding to explore a graphite tailings recovery and beneficiation project in Tanzania. This collaborative effort aims to assess the technical, commercial, and regulatory feasibility of extracting valuable graphite from previously overlooked waste material, potentially transforming historical mining residues into a significant economic and sustainable resource. The initiative, announced on August 21, 2026, highlights a strategic move towards resource optimization and sustainable mining practices within a critical mineral sector.

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Perenti to sell mining equipment business to Beetle for $71m

<p></p> <p>Perenti, a global mining services provider, has announced the sale of its BTP Group, a mining equipment rental and parts sales business, to Beetle Industries for a total consideration of A$100 million (approximately US$71.1 million). This strategic divestment, expected to close by the end of October 2026, underscores Perenti's commitment to optimizing its portfolio, reallocating capital towards higher-return core businesses, and funding recent contract wins in Australia and the USA.</p> <p>

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Fortescue settles Queensland dispute over Gladstone electrolyser facility

Fortescue and the Queensland Government have reached a confidential settlement resolving a high-profile dispute over A$66 million in state funding for Fortescue's now-cancelled Gladstone electrolyser manufacturing facility. This agreement, announced on August 20, 2026, concludes legal action and sees the state retain significant assets, including project land and infrastructure, following Fortescue's strategic pivot away from its original electrolyser production plans. The resolution provides clarity for both parties while highlighting the complexities inherent in public-private partnerships supporting nascent green technologies.

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BHP, SiTration to trial copper recovery technology at Arizona mine site

BHP and SiTration, an MIT spin-out, are launching two pilot programs in Arizona's historic Copper Cities site to trial a novel copper recovery technology from legacy mining water. This initiative aims to produce commercial-grade copper cathodes, bolstering domestic supply chains and demonstrating a sustainable method to extract value from historical mining sites. The initial small-scale trial, lasting one month, will be followed by a larger deployment later this year, producing up to two tonnes of copper over two months.

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Energy Secretary Acts to Protect Mid-Atlantic Grid

U.S. Secretary of Energy Chris Wright issued an emergency order on August 19, 2026, enabling Talen Energy Corporation's Wagner Generating Station Unit 4 to continue operating in Anne Arundel County, Maryland. This measure, requested by PJM Interconnection, L.L.C., aims to bolster grid reliability and prevent electricity shortfalls for 65 million Americans across the Mid-Atlantic region until November 17, 2026. The intervention underscores the critical importance of stable energy infrastructure for all industrial sectors, including mining, which relies heavily on uninterrupted power for its operations and contribution to the evolving energy landscape.

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Fortescue’s Green Metal Project produces first hot metal

Fortescue has achieved a significant milestone by producing the inaugural hot metal at its Green Metal Project in Christmas Creek, Western Australia, utilising an electric smelting furnace. This pilot operation marks a critical step in the company's strategy to develop lower-emission iron-making technologies and produce commercial-scale green metal from Pilbara ore, moving away from traditional coal-based methods. The development underscores Australia's potential to leverage its abundant renewable energy resources and vast iron ore reserves to become a leader in global decarbonisation efforts within the heavy industry sector.

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Rox formalises Badimia Barna agreement for Youanmi operations

Rox Resources has formalized a binding native title mining agreement with the Badimia Barna Native Title Claim Applicant for its Youanmi Gold Mine in Western Australia. This pivotal agreement, covering existing and future tenements held by Rox Resources and its subsidiary Rox (Murchison), grants consent for mining tenure and approvals while establishing frameworks for heritage protection, environmental stewardship, and significant employment and training opportunities for the Badimia people. The accord, which includes an upfront payment and a production-based royalty, is a crucial step for the Youanmi project as it targets potential gold production by mid-2027, following a Final Investment Decision approved in March 2026.

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AuKing Mining signs agreement to acquire Green Exploration

AuKing Mining has announced a binding agreement to acquire Green Exploration, a Malawian subsidiary of Tusker Minerals, for approximately A$4.85 million. This strategic transaction grants AuKing control over several key Malawian exploration assets, most notably the Machinga Rare Earth Elements Project, while allowing Tusker Minerals to sharpen its focus on its Mzimba rutile project. The deal represents a significant step in portfolio optimization for both Australian-listed companies and underscores Malawi's emerging role in critical mineral supply chains.

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FACT SHEET: The Energy Department is Celebrating President Trump’s Great American Energy Comeback in Midland, Texas

The United States has achieved unprecedented levels of energy production, leading the world in both oil and natural gas output, with significant contributions from the Permian Basin. This surge, highlighted by Secretary Wright’s visit to Midland, Texas, on August 17, 2026, underscores the nation’s energy dominance, driving economic growth, job creation, and competitive energy prices across the country. The strategic reversal of the LNG export ban has further solidified the U.S. position as a global energy supplier, with exports projected to nearly double by the end of the decade.

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OceanaGold to acquire Ausgold for $549m

OceanaGold is set to acquire Ausgold Limited for an equity value of approximately A$776 million ($549 million), a strategic move that will integrate Ausgold's advanced Katanning Gold Project in Western Australia into OceanaGold's portfolio. The acquisition, structured as a scheme of arrangement, is expected to conclude by December 2026, adding a high-quality, open-pit development asset projected to produce over 100,000 ounces of gold annually starting in 2029. This deal underscores a growing trend of consolidation among mid-tier gold producers seeking to expand their resource base in tier-one mining jurisdictions.

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American Rare Earths, Novex sign MoU for rare earth oxides

American Rare Earths (ARR) has signed a Memorandum of Understanding (MoU) with Novex, a US-based technology company, aimed at establishing a fully domestic rare earth mine-to-magnet supply chain. This collaboration, formalized on August 17, 2026, through ARR’s subsidiary Wyoming Rare (USA), focuses on converting rare earth oxides from ARR's Halleck Creek Project into essential metals for permanent magnets, addressing a critical bottleneck in US strategic material independence. The initiative is particularly timely given new US defense regulations prohibiting Chinese-sourced rare earth magnets from January 2027.

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Vale, ABB sign deal to expand automation at Brazil iron ore plants

<p></p> <p>Vale, a global mining giant, and ABB, a leader in industrial technology, have forged a strategic partnership to significantly expand automation, digitalization, and integrated IT/OT solutions across Vale’s iron ore processing operations in Brazil. This landmark agreement follows the successful implementation of advanced technologies at Vale’s Conceição II Model Plant, which was inaugurated in June 2026 and has already demonstrated substantial improvements in productivity, ore quality, and safety. The initiative is a cornerstone of Vale's ambitious "Mining of the Future" strategy, aiming to replicate these proven benefits across multiple facilities and set a new standard for operational excellence in the sector.</p> <p>

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Great Pacific Gold expands mineralisation zones at Wild Dog Project

Great Pacific Gold has announced a significant expansion of gold and silver mineralization at its Wild Dog Project in Papua New Guinea's East New Britain Province. Recent geological mapping and channel sampling have revealed new quartz-sulphide veins, broadening the interpreted footprint of both the Elamaraka and Kargalio vein systems within a largely underexplored structural corridor. These findings, which include high-grade assay results, substantially strengthen the understanding of the project's resource potential and signal renewed exploration vigor in the region.

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Energy Secretary Announces Cancellation of Three Proposed National Interest Electric Transmission Corridors

The U.S. Department of Energy, under Secretary Chris Wright, announced on August 12, 2026, the cancellation of three proposed National Interest Electric Transmission Corridors, citing concerns over reliability, costs, and community feedback. This decision marks a significant shift in national energy policy, moving away from previous "decarbonization" initiatives towards a focus on strengthening the existing grid for affordable and reliable electricity, backed by substantial investments in conventional transmission infrastructure. The implications for the mining sector are significant, particularly concerning energy costs, grid stability for operations, and demand for critical materials used in traditional grid upgrades.

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Headwater Gold and Newmont sign earn-in agreement for Jupiter project

Headwater Gold and Newmont USA, a subsidiary of global mining giant Newmont, have formalized an earn-in agreement for the Jupiter gold project in Nye County, Nevada, as announced on August 14, 2026. This strategic partnership allows Newmont to potentially acquire up to a 75% interest in the 7,000-acre project by investing $30 million in exploration and delivering a pre-feasibility study. The deal underscores continued confidence in Nevada's gold potential and highlights a common strategy where junior explorers leverage major company capital for project advancement.

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West Red Lake Gold completes phase one of Madsen Mine shaft upgrade

West Red Lake Gold Mines has successfully completed Phase One of its Madsen Mine shaft upgrade in Ontario, Canada, allowing for the safe hoisting of gold ore and waste at an initial capacity of 200 tonnes per day. This significant milestone is part of a phased refurbishment program aimed at restoring the historic shaft's original 2,000 tonnes per day material haulage capacity, a critical move to enhance operational efficiency and reduce costs at the Red Lake mining district operation.

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Energy Secretary Keeps Coal-Fired Generation Operational in the Midwest

U.S. Secretary of Energy Chris Wright issued an emergency order on August 14, 2026, directing the Midwest Independent System Operator (MISO) and Consumers Energy to keep the 1,420-megawatt J.H. Campbell coal-fired power plant operational from August 17 to November 14, 2026. This decision, aimed at mitigating critical grid reliability issues and reducing energy costs in the Midwest, underscores the ongoing reliance on thermal coal generation amidst growing energy demand and premature plant retirements, with significant implications for the coal mining industry.

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CiDi reports 1,900 autonomous mining trucks shipped as deployment scales

Chinese technology firm CiDi has reported a remarkable surge in autonomous mining truck deployments, with over 1,900 cumulative shipments to nearly 40 mines globally, marking a 213% increase year-on-year. This expansion includes seven sites operating fleets exceeding 100 vehicles, alongside the strategic diversification into mining robotics and significant financial growth, positioning CiDi as a key player in the autonomous mining sector. The company's robust financial performance and commitment to zero-accident operations underscore the growing maturity and adoption of heavy-duty embodied AI in mining.

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Energy Department Modernizes National Laboratory Operations to Strengthen America’s Scientific, Energy, and National Security Missions

On August 13, 2026, the U.S. Department of Energy (DOE) announced a significant modernization of its National Laboratories' operating directives, aiming to reduce bureaucratic hurdles and enhance efficiency. This initiative, part of President Trump's "Restoring Gold Standard Science" commitment, seeks to empower scientific personnel to focus on critical energy, national security, and innovation missions. For the mining industry, this streamlining effort signals potentially accelerated demand for critical minerals required by advanced energy and defense technologies, while also hinting at a broader governmental philosophy towards regulatory efficiency that could impact permitting processes.

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Australia, NSW governments commit $1.76bn to Tomago Aluminium

The Australian and New South Wales (NSW) governments have pledged a significant A$2.5 billion (US$1.76 billion) investment to secure the long-term future of the Tomago Aluminium smelter. This landmark commitment, announced on August 13, 2026, aims to transition the facility to 100% renewable energy by 2033, safeguard over 1,000 direct jobs, and facilitate the decarbonization of a substantial portion of NSW's electricity grid.

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Western Star launches exploration at Eagle Point project in US

Western Star Resources has commenced its inaugural exploration and drill-planning program at the Eagle Point Tungsten Project in Hidalgo County, New Mexico. The initiative, spearheaded by Dahrouge Geological Consulting, aims to systematically evaluate the past-producing property by integrating new geological data with historical records to identify prime drilling targets. This strategic move follows recent government surveys that confirmed high-grade tungsten mineralization at the surface, underscoring the project's potential in a critical mineral landscape.

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Savannah signs new land deals for Barroso Lithium Project in Portugal

Savannah Resources has announced the signing of three pivotal land access agreements with communal land groups, known as baldios, for its Barroso Lithium Project in northern Portugal. These agreements, dated August 12, 2026, are crucial for securing the necessary footprint for project development and underscore a commitment to robust community engagement through provisions for local participation, reinvestment, and indexed compensation, significantly advancing Europe's prospective critical minerals supply.

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Cobalt supply: why battery recycling patents matter

As the global mining industry grapples with escalating cobalt supply risks, particularly for the burgeoning electric vehicle and renewable energy sectors, the strategic significance of battery recycling is reaching unprecedented levels. Insights from Russell Woolley, published on August 11, 2026, underscore that robust intellectual property protection through patents is becoming increasingly vital for innovations in battery material recycling, transforming it into a cornerstone for securing future cobalt supply chains. This shift emphasizes a critical evolution in resource management, where secondary sources are moving from supplementary to strategically essential.

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Why mining’s decarbonisation challenge starts with reliable connectivity

Reliable connectivity has emerged as a foundational element for the mining industry's ambitious decarbonization strategies, enabling critical advancements in electrification, automation, and real-time emissions monitoring. As companies target net-zero operational emissions by 2050, technologies like private 5G networks are proving essential for optimizing fleet management, enhancing energy efficiency across diverse operations, and building a scalable digital infrastructure to support future AI-driven initiatives. This strategic shift is exemplified by operations such as Boliden's Aitik copper mine, which has reported significant improvements in productivity and operational efficiency through advanced connectivity solutions.

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Energy Secretary Continues Progress to Strengthen Energy Reliability in Puerto Rico

<p><br />The U.S. Department of Energy (DOE) has renewed critical emergency orders for Puerto Rico, authorizing the Puerto Rico Electric Power Authority (PREPA) to maintain essential generation capacity and intensify vegetation management. Effective August 10, 2026, through November 7, 2026, these measures are designed to bolster the island’s electric grid against rising demand and the ongoing hurricane season, building upon previous interventions that have restored nearly 1,600 megawatts of generation capacity and significantly increased federal vegetation clearing projects. This sustained federal commitment underscores the vital importance of reliable energy infrastructure for industrial stability and economic development, offering key insights for the mining sector regarding infrastructure investment and material demand.</p> <p>

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Golden Rapture agrees deal for land south of Canada’s Goliath project

Golden Rapture Mining has strategically expanded its land holdings in northwestern Ontario by acquiring the South of Goliath Property, located just 500 meters from NexGold Mining's advanced Goliath Gold Project. This acquisition, involving a cash payment of C$600 and the issuance of 200,000 shares, positions Golden Rapture adjacent to a project boasting significant proven and probable gold and silver reserves, highlighting the ongoing exploration dynamism in Canada's prolific gold regions. The transaction awaits approval from the Canadian Securities Exchange and includes a 1.5% net smelter return royalty for the sellers.

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US DFC to fund Harena Rare Earths’ Madagascar mine

News US DFC to fund Harena Rare Earths’ Madagascar Mine The investment aims to advance the development of the Ampasindava Ionic Clay Rare Earth Project. Shree Mishra August 10, 2026 Share Copy Link Share on X Share on Linkedin Share on Facebook Rare earth elements play a key role in sectors such as robotics, electronics, and defence. Credit: Phawat/Shutterstock.com. The US International Development Finance Corporation (DFC) is set to offer project development funding for Harena Rare Earths plc’s mine located in Madagascar. The funding was announced at the American Mining Industry event held at the US Department of State, representing DFC’s first mining investment in Madagascar. Go deeper with GlobalData Reports Hardeo Damanka Mine Reports VFC-Louder Creek E, F, G, H 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 This investment aims to advance the development of the Ampasindava Ionic Clay Rare Earth Project, which is fully owned by Harena Rare Earths. The site contains significant concentrations of neodymium, dysprosium and praseodymium, which are used in high-performance magnets for advanced manufacturing...

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US unveils $2bn boost for domestic mining initiatives

On August 10, 2026, the US government, led by President Donald Trump, unveiled a sweeping initiative committing over $2 billion to fortify domestic critical minerals production and related manufacturing, alongside an additional $180 million for mining workforce development and education. These investments aim to bolster American supply chain security, reduce reliance on foreign sources for essential materials, and re-invigorate the nation's strategic industrial base. The package includes significant funding for companies developing everything from refractory-grade bauxite to advanced battery components and rare earth-free magnets, marking a pivotal moment for the US mining sector.

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Portal blasting concludes at Amex Gold’s Perron Gold Project

Amex Gold Mining has successfully completed the critical portal blasting phase for its Perron Gold Project in north-western Québec, Canada, announced on August 6, 2026. This significant milestone marks the commencement of underground development aimed at facilitating a 40,000-tonne bulk sample program. The initiative is set to de-risk the project by providing crucial geological, geotechnical, metallurgical, and operational insights, confirming the high-grade potential of this strategic gold and VMS asset.

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DOE’s Office of Energy Dominance Financing Closes Loan to Strengthen Puerto Rico’s Grid, Delivering Hundreds of Millions in Electricity Cost Savings

The U.S. Department of Energy’s Office of Energy Dominance Financing (EDF) has closed a $489.4 million loan to Amanecer Puerto Rico LLC, a subsidiary of Pattern Energy, aimed at significantly bolstering Puerto Rico's electric grid. This strategic investment, announced on August 5, 2026, is projected to save Puerto Rican consumers and businesses approximately $312.5 million in electricity costs over the next 25 years while enhancing grid reliability through 220 megawatts of American-manufactured battery storage systems and a future pathway for natural gas generation. The initiative underscores a broader commitment to strengthening domestic supply chains, supporting American manufacturing, and ensuring energy security, with notable implications for the critical minerals sector.

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Norsemont expands land position at Choquelimpie

Norsemont Mining has significantly expanded its land package at the wholly-owned Choquelimpie gold-silver project in northern Chile, adding 3,291 hectares to bring the total to 9,048 hectares. This strategic expansion, driven by new geological interpretations identifying extensions to known mineralized trends, enhances the potential of the past-producing high-sulfidation epithermal system, which already hosts substantial indicated and inferred gold-equivalent resources and existing infrastructure. The move underscores Norsemont's systematic approach to advancing Choquelimpie and its commitment to unlocking further value in a key Chilean mining region.

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Lycopodium wins $65.5m contract for Blackwater EP2 project

Lycopodium has secured a significant A$93 million ($65.5 million USD) Engineering, Procurement, and Construction Management (EPCM) contract for Artemis Gold’s Blackwater Mine Expanded phase two (EP2) project in central British Columbia, Canada. This contract marks a crucial step in Blackwater’s multiphase expansion program, aiming to increase the mine’s total throughput capacity to 21 million tonnes per annum, solidifying its position as a major gold and silver producer in a premier mining jurisdiction.

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Energy Department Launches $100 Million Initiative to Build America’s Critical Minerals Workforce, Strengthen Domestic Supply Chains

The U.S. Department of Energy (DOE) has launched the $100 million Providing Opportunities for Specialized Education in Critical Technologies (PROSPECT) initiative, aimed at bolstering America's critical minerals workforce and securing domestic supply chains. Announced on August 7, 2026, by the DOE’s Office of Critical Minerals and Energy Innovation, this program seeks to double the number of graduates in mining and related fields within two years and address a projected need for 6,000 new mining engineers over the next decade. PROSPECT represents a significant federal investment in education and training to reduce reliance on foreign adversaries for essential materials.

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Phase one drilling begins at Decade’s Bonaparte copper-gold project

Decade Resources has initiated its pivotal phase one drilling program at the Bonaparte copper-gold project in British Columbia, Canada, targeting a blend of porphyry, intrusion-related gold, and epithermal vein systems. This initial 3,000-meter drill program across six holes aims to test significant geophysical and geochemical anomalies, building on historical high-grade gold intercepts. The project, strategically located near Kamloops, represents a key exploration focus for Decade Resources, with potential implications for North America's critical minerals supply chain.

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Case study: How mining’s toughest environments demand a tailor-made protection strategy

The global mining sector is confronting unprecedented challenges that demand specialized lubrication strategies, moving beyond traditional OEM specifications. A recent case study highlights Petro-Canada Lubricants' PRODURO™ TO-4+ UHP, which demonstrated significant improvements in equipment life and film thickness during a two-year field trial with a major Canadian mining fleet, addressing the rigorous demands of extreme temperatures, punishing loads, and continuous autonomous operations. This innovation offers a pathway to enhanced reliability, reduced maintenance, and improved cost efficiency for modern mining fleets globally.

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Guinea selects Glencore as bauxite offtaker for Nimba

Guinea's government has strategically selected Glencore as the bauxite offtaker for its state-owned Nimba Mining, a move designed to enhance state oversight and optimize export volumes from the world's leading bauxite supplier. This decision follows Nimba Mining's recent takeover of a significant concession and aligns with Guinea's broader ambition to diversify its mineral sector and add value domestically, including new ventures in gold and iron ore. The agreement underscores the increasing trend of resource-rich nations asserting greater control over their critical mineral assets.

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United States to Host International Atomic Energy Agency Launch for New Maritime Nuclear Initiative

The United States is set to host the ministerial launch of the International Atomic Energy Agency’s (IAEA) new ATLAS initiative in Washington, D.C., on August 26–27, 2026. This landmark event will establish an international framework for the safe and secure deployment of nuclear technologies in the maritime sector, addressing legal and regulatory complexities for advanced applications like floating nuclear power plants and civil nuclear-powered ships. The initiative holds significant implications for the mining industry, particularly regarding future demand for uranium and other critical minerals essential for advanced nuclear reactor development.

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Glencore reports 49% revenue rise in H1 2026

Glencore reported a robust financial performance for the first half of 2026, with revenue climbing 49% to $174.43 billion and adjusted EBITDA surging 86% to $10.1 billion, driven by elevated commodity prices and strong marketing contributions. The global diversified miner also announced plans for a secondary listing on the Australian Securities Exchange (ASX) in October 2026, aiming to broaden its investor base, alongside strategic investments in its copper portfolio and a positive outlook for the remainder of the year.

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Aya Gold & Silver expands exploration in Morocco

Aya Gold & Silver has significantly expanded its exploration footprint in Morocco, acquiring a new portfolio comprising three projects across 259km² for Dh10 million ($1.06 million). This strategic move, announced on August 6, 2026, increases Aya's land package in the country by 35.4% to over 991km², positioning the company for diversified growth beyond its primary silver operations into critical and base metals. The acquisition includes the Zagora, Agadir-Melloul, and Goulmim projects, each demonstrating potential for a range of commodities from cobalt and rare earth elements to copper, lead, and gold, underscoring Aya's ambition to build a robust pipeline of future discoveries.

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Metalsource Mining starts new drilling phase at Silver Hill Project

Metalsource Mining has initiated a crucial new drilling phase at its Silver Hill Project in North Carolina, focusing intently on expanding the high-grade polymetallic mineralization previously identified in Hole SH26-07. This targeted program aims to trace strike and down-plunge extensions as the company moves towards its maiden mineral resource estimate by early 2027, building on recent land acquisitions and enhanced geological understanding. The strategy underscores Metalsource's commitment to systematically defining the economic potential of this promising silver, gold, lead, and zinc discovery.

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Energy Secretary Keeps Guam Power On

<p><strong></strong></p> <p>U.S. Secretary of Energy Chris Wright has issued an emergency order to the Guam Power Authority (GPA), authorizing the operation of specific generation units to prevent blackouts and ensure grid stability on the island through early November 2026. This critical intervention, prompted by the unexpected offline status of the Ukudu steam turbine for emergency repairs, underscores the inherent vulnerabilities of isolated island grids and highlights the broader implications of energy reliability for industrial sectors, including the global mining industry, which relies heavily on consistent and affordable power for operations.</p> <p><strong>

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From predictive maintenance to autonomous operations: the roadmap to scaling AI in mining

<p><strong></strong></p> <p>The mining industry is on the cusp of a significant transformation, with Artificial Intelligence projected to see a substantial increase in investment, growing from $2.7 billion in 2024 to $13.1 billion in 2029. While AI currently excels in predictive maintenance and data analysis, the next critical phase involves bridging the gap between AI-driven insights and actionable operational responses. This evolution demands robust infrastructure, integrated systems, and a prepared workforce to convert predictions into secure, coordinated actions, ultimately moving towards bounded autonomous control.</p> <p><strong>

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Genesis-Vault deal reflects Australia’s changing gold growth story

Australia's gold sector is poised for continued recovery, driven by a dual strategy of new project development and significant strategic consolidation, as highlighted by a recent GlobalData analysis. The Genesis-Vault transaction exemplifies this evolving landscape, signifying a pivotal shift in how growth is being pursued across the continent. This commentary, dated August 5, 2026, underscores the dynamic forces shaping one of the world's leading gold-producing nations.

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Kobrea and BHP form exploration alliance in Argentina

BHP Metals and Kobrea Exploration have forged a strategic alliance to undertake advanced and generative copper exploration within Argentina's Western Malargüe Mining District in Mendoza Province. This partnership, announced on August 6, 2026, will see BHP invest significant capital, including an initial $3 million payment and up to $40 million per selected project over an eight-year earn-in period, to secure a 75% interest in potential discoveries. The collaboration leverages Kobrea's established local presence and geological insights with BHP's global technical expertise and financial strength, aiming to identify and develop multiple porphyry copper targets critical for future global supply.

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AuKing Mining agrees to purchase Malawi’s Machinga HREE project

AuKing Mining has announced the acquisition of 100% of the Machinga Heavy Rare Earth Elements (HREE) Project in southern Malawi, a strategic move reinforcing its commitment to critical minerals. This project, covering two exploration licenses totaling approximately 200.4km², is situated within the geologically significant Chilwa Alkaline Province, known for its rare earth potential. The acquisition, valued at A$750,000 in cash and A$750,000 in shares, plus A$1.25 million in performance shares tied to a JORC resource milestone, positions AuKing to capitalize on a high-grade HREE deposit with characteristics similar to globally recognized projects, offering potential for open-pit mining.

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FPX Nickel begins 4,000m of diamond drilling at Advocate Property

FPX Nickel has commenced a significant 4,000-meter diamond drilling program at its Advocate Nickel Property in north-central Newfoundland, Canada, targeting the Birchy North and Wolverine zones for recoverable awaruite nickel mineralisation. This campaign, which began on August 5, 2026, represents a crucial milestone in FPX Nickel’s global generative alliance with JOGMEC and aims to confirm the presence of high-grade awaruite deposits comparable to its flagship Baptiste project. The exploration builds upon extensive geophysical surveys and surface sampling, positioning Advocate as a potentially important source of this unique, low-carbon nickel.

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MaxMine launches AI assistant for mining industry

MaxMine has introduced MAXI, an innovative AI assistant specifically designed for fleet management systems in the mining industry, launching on August 3, 2026. This development aims to significantly improve data accessibility and operational efficiency for site supervisors by providing real-time insights and automating shift reporting. Early trials at Queensland mine sites with Batchfire Resources have demonstrated MAXI's potential to enhance safety, accountability, and communication between operators and supervisors through practical short interval control.

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Element 25 and OM Materials agree binding manganese supply contract

Element 25, through its subsidiary Butcherbird Operations, has solidified a critical long-term binding offtake agreement with OM Materials, a subsidiary of OM Holdings, for all manganese concentrate produced at its Butcherbird Mine in Western Australia. This strategic five-year deal, extendable by another five, is pivotal for financing the Butcherbird Expansion Project, which aims to increase output to 1.1 million tonnes per annum, and includes provisions for future battery-grade material production. The agreement, announced on August 4, 2026, features a take-or-pay structure, pricing linked to international benchmarks, and crucial prepayment provisions to support the project's cash flow needs as it targets commissioning in Q1 2027.

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Allied Gold and Zijin Gold end arrangement agreement

Allied Gold and Zijin Gold International Company have terminated their C$5.5 billion definitive agreement for Zijin's acquisition of Allied Gold, citing unmet conditions and external factors impacting large cross-border transactions. Despite this, Zijin will proceed with a strategic investment of approximately 1.99 billion yuan (US$295 million) in Allied Gold, securing a roughly 9.2% equity stake to support Allied Gold's key growth initiatives in Africa, including the Kurmuk project and Sadiola expansion. This strategic pivot highlights the evolving landscape of global mining M&A and the preference for collaborative investment over full takeovers amidst regulatory complexities.

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Energy Fuels starts construction on White Mesa Mill expansion

Energy Fuels has commenced construction on a significant expansion of its White Mesa Mill in Utah, aiming to establish commercial-scale production of heavy rare earth oxides, specifically terbium and dysprosium. This $104 million project is a critical step in the company's strategy to build an integrated mine-to-magnet supply chain in North America and Europe, addressing a severe pinch point in the global permanent magnet industry. The expansion, set to complete initial heavy rare earth circuits by late 2027, will leverage feedstock from the company's Donald Project in Australia and support downstream magnet manufacturing in South Korea and the United States.

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La Mancha Resource Fund to acquire 19.9% stake in Miata Metals

The La Mancha Resource Fund has announced a strategic investment of approximately C$12.7 million (US$9.03 million) to acquire a 19.9% stake in Miata Metals, making it the largest shareholder. This significant move, announced on July 30, 2026, aims to accelerate exploration at Miata's 215km² Sela Creek project in the Guiana Shield, a region La Mancha considers highly prospective for gold. The investment not only provides crucial capital but also includes investor rights, signalling a long-term, supportive partnership to advance the project toward becoming a material-scale gold system.

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Lake Victoria Gold launches phase three land valuation at Imwelo

Lake Victoria Gold, through its subsidiary Tembo Gold (T), is set to commence the phase three land valuation and compensation program at its Imwelo Gold Project in Tanzania on August 1, 2026. This crucial step, covering approximately 73 acres in the Imwelo A Hamlet, is essential for expanding mine infrastructure, including accommodation camps and workshop facilities, bringing the total secured land to 526 acres. This systematic land acquisition underscores the company's disciplined execution and commitment to responsible community engagement as the project transitions from permitting to its construction and production phases.

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WesternX applies for mining lease at Kingsley deposit

WesternX, a wholly owned subsidiary of Metal Bank, has formally lodged a mining lease application for the Kingsley gold deposit, a cornerstone asset within the Livingstone Project in Western Australia. This strategic move, announced on July 30, 2026, marks a significant advancement in Metal Bank's stated objective of becoming a near-term gold producer, building upon similar applications for other deposits within its portfolio. The Kingsley deposit boasts a JORC 2012 Inferred Mineral Resource Estimate of 1.68 million tonnes at 1.35 grams per tonne gold, equating to 73,000 ounces, underpinning Metal Bank's development pathway in a prominent global mining jurisdiction.

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Buscar Company expands Treasure Canyon mining claims

Buscar Company, through its subsidiary Eon Discovery, has significantly expanded its Treasure Canyon Project in Plumas County, California, by staking 44 new lode mining claims, increasing its land position from approximately 200 acres to nearly 1,098.71 acres. This strategic acquisition aims to cover the interpreted strike extensions of five gold-bearing quartz vein systems, providing a robust footprint for the company's impending 10,000-foot diamond drilling program targeting gold and potential copper-gold mineralization. The move reflects a systematic approach to exploration in a historically rich mining district, with the company anticipating key permitting and financing milestones to advance the project.

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FAST Metals secures $4.3m to boost red mud mineral recovery

FAST Metals, an innovator in mineral recovery from industrial waste, has successfully secured $4.3 million in pre-seed funding to advance its patented technology for extracting critical minerals from red mud. This significant investment, led by New Climate Ventures and including participation from Rio Tinto, will accelerate the company's technical development and commercial operations, enabling the recovery of valuable metals such as aluminium, scandium, and rare earth elements from vast stockpiles of bauxite residue. Concurrently, FAST Metals has announced its first commercial partnership with Metalox Mineral, underscoring a pivotal step towards establishing sustainable and domestically secure supply chains for essential raw materials.

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Austral Resources ends Anthill agreement with Glencore and Secover

Austral Resources Australia has announced the termination of its Anthill Project Agreement (APA) with Glencore and Secover, a strategic move valued at A$51.98 million ($36.36 million) to be finalized by July 2026. This decision aims to significantly enhance Austral’s operational flexibility and transparency, allowing it to leverage its own copper stock and accelerate production at its Mt Kelly processing plant in Queensland. The settlement, comprising both cash and shares, is anticipated to be earnings and cash flow accretive, positioning Austral for improved financial performance and greater control over its integrated mining operations.

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Phase one earthworks begin at Lake Victoria Gold’s Imwelo project

Lake Victoria Gold has commenced phase one earthworks at its Imwelo Gold Project in Tanzania, a critical step that signals the project's transition from planning to visible site execution. These initial activities focus on upgrading access roads, preparing the plant-site footprint, and nearing completion of a strategically designed construction camp capable of supporting both construction and long-term operational phases. The project is being managed under an EPCM structure led by Tanzanian-owned City Engineering Company, underscoring a commitment to local content and in-country capacity building.

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