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Iron Ore Mining News

45 articles about iron ore mining

Epiroc secures order from Sibanye-Stillwater for South African mine

Epiroc has secured a significant order from Sibanye-Stillwater to supply advanced underground mining equipment for the Siphumelele platinum shaft in Rustenburg, South Africa. This strategic investment, featuring low-profile loaders and versatile utility vehicles, is a cornerstone of Sibanye-Stillwater's initiative to mechanise operations, aiming to enhance safety, boost productivity, and extend the mine's operational lifespan. The agreement underscores a critical industry trend towards modernised mining techniques in challenging narrow-vein environments, reflecting a commitment to sustainable resource extraction and operational efficiency.

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NSW approves HVO coal mine continuation with conditions

<p><br /> New South Wales' Independent Planning Commission has approved the continuation of Hunter Valley Operations' (HVO) North and South open-cut coal mines, extending their operational lives to 2045 and 2042, respectively. The approval is contingent upon strict conditions aimed at mitigating greenhouse gas emissions, including requirements for Scope 3 management, renewable energy integration, and limiting exports to countries with Paris Agreement-consistent reduction policies. This decision, following extensive public consultation and regulatory review, highlights the complex balance between economic benefits and environmental stewardship in Australia's vital mining sector.</p> <p>

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Bell Bay Aluminium to continue operations until 2031

Rio Tinto's Bell Bay Aluminium smelter in northern Tasmania has secured its operational future until at least December 31, 2031, through a landmark agreement with the Australian and Tasmanian governments. This extension, supported by ongoing energy provision from Hydro Tasmania and additional government assistance, aims to bolster the smelter's competitiveness and preserve 550 direct jobs. The agreement arrives as Rio Tinto navigates complex environmental and social challenges, highlighted by a significant legal claim against its QIT Madagascar Minerals operation.

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ACDC Metals gains BLM permits for Mount Jackson drill campaign

ACDC Metals has secured vital environmental permitting approval from the US Bureau of Land Management (BLM) for its Mount Jackson gold-silver project in Nevada, paving the way for a maiden drilling campaign and a geophysical survey. This significant milestone, announced on October 1, 2026, allows the company to proceed with a 12 line-kilometre controlled source audio magnetotellurics (CSAMT) survey in October 2026 and up to 2,500 meters of reverse circulation (RC) drilling targeting the Pegasus and 3 Shaft zones in Q4 2026. The project, located in the geologically rich Walker Lane mineral belt, aims to build upon historical mineralization results and validate the understanding of the precious metals system.

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Riversgold submits mine plan for Kalgoorlie gold project in Australia

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

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

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

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Hertha Metals raises $133m to build iron plant in US

Hertha Metals has secured $133.65 million in Series A funding, including a substantial $65 million equity investment from the US Government, to construct a pioneering high-purity iron plant in the United States. This facility, named Hertha Chalyx, will utilize the company's innovative Flex-HERS process to produce 10,000 tonnes of magnet-grade and steel-grade iron annually, critically addressing the nation's reliance on imported materials for rare-earth magnets essential to defense and technology sectors. The project aims to establish a robust domestic supply chain, promising reduced production costs and significantly lower emissions compared to traditional blast furnace methods.

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Jaguar gains approval for La Rosada in Argentina

Jaguar Uranium has secured crucial environmental approval for exploration activities at its La Rosada prospect in Argentina’s Chubut Province, a significant step forward for its flagship Laguna Salada uranium and vanadium project. This permit authorizes work across 59,895.3 hectares, representing the largest single exploration area approved within the 230,000-hectare project to date. The approval positions Jaguar to commence fieldwork following the winter season, applying systematic geochemical sampling, geological mapping, and advanced geophysical surveys to identify potential deep fluvial paleochannels.

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Mesabi plans $18bn investment to combine iron ore mine and steel complex

Mesabi Metallics, backed by Essar Group, has announced an ambitious $18 billion investment to establish a fully integrated iron ore mine and steel complex spanning Minnesota and Iowa. This landmark project, unveiled at the White House, aims to create over 8,000 jobs and forge a robust, domestic steel supply chain using advanced, lower-emission production technologies. It represents a significant commitment to bolstering American manufacturing and resource independence.

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Troilus secures $850m credit-approved debt commitments

Troilus Mining has secured an $850 million (C$1.21 billion) credit-approved debt commitment from KfW IPEX-Bank and Société Générale, a critical step towards fully funding its Troilus Gold-Copper Project in Québec, Canada. This commitment forms the core of a planned $1.1 billion total debt package, which includes a proposed $250 million from Export Development Canada, subject to final internal approvals. The financing features a three-year repayment grace period during construction and a ten-year, cash flow-aligned amortization, signaling a significant de-risking for the project and a milestone for the company.

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Fortescue produces first hot metal at Christmas Creek project

<p></p> <p>Fortescue Metals has achieved a significant milestone by producing its first hot metal at the Christmas Creek Green Metal Project in Western Australia, marking a crucial step towards low-emission iron production. Utilizing an electric direct reduced iron (DRI) smelting furnace supplied by Metso, the project aims to evaluate advanced technologies for processing local iron ore fines with significantly reduced carbon emissions. This development signals Australia's strategic pivot from being solely an iron ore exporter to a future producer of high-value, green metal, with substantial implications for the global steel industry's decarbonization efforts.</p> <p>

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Barrick signs new agreement with unions at Mali gold complex

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

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BHP suspends activities at Escondida mine after maintenance accident

BHP has announced the immediate suspension of all activities at its Escondida copper mine in northern Chile, the world's largest copper producer, following a fatal accident during maintenance work on September 24, 2026. The incident, which involved a front-end loader and resulted in the death of an employee, triggers mandatory regulatory pauses for safety inspections, casting uncertainty on the restart timeline for this critical global copper supply source. The suspension comes just months after the mine secured an environmental permit for a significant $14.7 billion expansion project.

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Bridge Green, Hartree sign eight-year lithium agreement

<p><strong></strong></p> <p>Bridge Green Upcycle and Hartree Partners have cemented an eight-year commercial agreement for the exclusive marketing of approximately 10,000 tonnes per annum of lithium carbonate derived from recycled batteries. Valued between $500 million and $1 billion, this landmark deal, effective September 22, 2026, includes an equity investment by Hartree in Bridge Green, signaling a significant push towards bolstering domestic US critical mineral supply chains and advancing the circular economy within the mining sector.</p> <p><strong>

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Artemis Gold to acquire Vista Gold for $427m

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

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Sunshine Silver increases Idaho holdings by 14,100 acres

Sunshine Silver Mining & Refining has significantly expanded its land holdings in Idaho’s historic Silver Valley by 14,100 acres, bringing its total to approximately 38,000 acres. This 60% increase is coupled with the launch of a multi-year, district-scale exploration program, involving 45,000 meters of surface drilling, targeting high-potential areas identified through recent fieldwork. Concurrently, the company is advancing a 50,000-meter underground drilling program at its flagship Sunshine Mine, aiming to upgrade resources for a planned 2027 feasibility study, underscoring its strategic intent to unlock the full potential of this prolific US silver district.

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Trump Administration Moves to Keep Indiana Coal Plants Operating to Support Grid Reliability

<p></p> <p>The U.S. Department of Energy, under Secretary Chris Wright, issued emergency orders on September 19, 2026, compelling Northern Indiana Public Service Company (NIPSCO), CenterPoint Energy, and the Midcontinent Independent System Operator (MISO) to keep two Indiana coal-fired power plants operational. The R.M. Schahfer and F.B. Culley generating stations, originally slated for retirement at the end of 2025, have been deemed critical for maintaining grid reliability and preventing blackouts in the Midwest through December 18, 2026, particularly during periods of high demand and low intermittent renewable generation.</p> <p>

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Beyond the purchase price – the true cost of mining engines

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

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Energy Secretary Secures Carolinas’ Grid Amidst Hot Weather Conditions

The U.S. Department of Energy (DOE) issued an emergency order on September 18, 2026, authorizing Duke Energy Carolinas, LLC to dispatch specified and backup generation resources to avert blackouts in North and South Carolina amid hot weather conditions. This directive, effective through September 21, 2026, underscores growing concerns about grid stability and the adequacy of baseload power as intermittent renewable sources expand, directly impacting energy-intensive industries like mining. U.S. Secretary of Energy Chris Wright highlighted the vulnerability of the grid to "energy subtraction policies" and emphasized the administration's commitment to utilizing all available tools to ensure reliable electricity access for American families and businesses.

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American Lithium starts operations at Falchani pilot plant in Peru

American Lithium Corp. has successfully initiated operations at its Falchani Lithium Project pilot plant in Lima, Peru, marking a significant step forward for the volcanic-hosted lithium deposit. The facility, which is currently processing mineralisation, has already demonstrated an impressive average lithium recovery rate of 88.7% in semi-continuous tests, exceeding the 80% target established in the company's February 2024 preliminary economic assessment. This development underscores the project's potential to become a key supplier of battery-grade lithium carbonate, leveraging a comparatively simple processing flowsheet due to the ore's low impurity profile.

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Energy Secretary Secures Mid-Atlantic Grid Due to Anticipated Stressed System Conditions

The U.S. Department of Energy issued an emergency order on September 17, 2026, directing PJM Interconnection to stabilize the Mid-Atlantic power grid and prevent blackouts amidst forecasted hot weather and planned transmission outages. This temporary measure, in effect through September 18, 2026, highlights growing concerns over grid reliability, particularly the impact of intermittent renewable energy sources and the premature retirement of reliable power generation, posing significant operational and economic risks for power-intensive industries like mining.

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Lahontan Gold signs agreement to acquire Emergent Metals

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

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Almonty and Sandvik’s WBH sign Spanish tungsten supply deal

Almonty Industries has secured a multi-year, take-or-pay offtake agreement with Sandvik Group subsidiary Wolfram Bergbau und Hütten (WBH) for tungsten concentrate from the reprocessing of tailings at its Los Santos Mine in western Spain. This strategic deal, involving a conditional $3 million payment from WBH, aims to restart operations at the mine, providing critical EU-origin tungsten feedstock ahead of new US defense procurement regulations taking effect in January 2027. The agreement highlights a growing industry focus on supply chain provenance and resource recovery through reprocessing.

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Coppercore signs lease for copper facility in Colombia

Coppercore has secured a ten-year lease, with an option to purchase, for a copper concentration facility in Colombia's Santa Marta industrial region. This strategic move, announced on September 18, 2026, positions the company for initial production of 1,000 tonnes of copper concentrate monthly, utilizing an innovative acid-free process for oxide ores. The facility is poised for significant phased expansion, targeting up to 300,000 tonnes of contained copper over the lease term at maximum scale, amidst a changing regulatory environment in Colombia that favors responsible mining and critical minerals development.

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Sudan mine collapse death toll hits 60 as rescue efforts continue

A tragic gold mine collapse in Sudan’s West Kordofan state has claimed the lives of at least 60 artisanal miners, with reports indicating more than 70 dead or missing. The incident at the al-Zara mine in the Fouja area highlights the severe safety deficiencies prevalent in Sudan's informal mining sector, where dangerous conditions and a lack of proper equipment continue to result in significant loss of life. Rescue efforts have been significantly hampered by unstable ground and the absence of specialized teams, drawing urgent attention to the systemic challenges facing one of Africa's leading gold-producing nations.

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Tungsten West to relaunch Hemerdon mine by early 2027

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

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U.S. Secretary of Energy Chris Wright Delivers U.S. National Statement at the General Conference of the International Atomic Energy Agency in Vienna, Austria

U.S. Secretary of Energy Chris Wright recently delivered a pivotal address at the 70th IAEA General Conference in Vienna, outlining an ambitious "American nuclear renaissance." This initiative, spearheaded by President Trump, aims to add 300 gigawatts of new nuclear capacity by 2050 through streamlined regulations, advanced reactor deployment, and AI-driven innovation. The U.S. reaffirms its commitment to global nuclear safety, security, and nonproliferation, with significant implications for the international uranium mining and nuclear fuel cycle sectors.

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Ethiopia’s Oromo Liberation Army warns mining operators after Tulu Kapi incident

The Oromo Liberation Army (OLA) has issued a stern warning to mining companies operating in Ethiopia’s Oromia region, demanding direct local community involvement and stringent environmental standards following a fatal incident at KEFI Gold and Copper’s Tulu Kapi project on September 4, 2026. This development has led KEFI to suspend its gold project, prompting a re-evaluation of security and community engagement protocols across the extractive sector in a politically sensitive region. The OLA’s demands underscore the critical importance of social license to operate and robust community relations for any mining endeavor in Ethiopia.

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US explores access to Venezuela’s mineral sector

The United States is actively exploring avenues to significantly increase its access to Venezuela’s mineral sector, including substantial deposits of gold, iron ore, bauxite, and nickel. This strategic move, which builds upon recent engagement in Venezuela’s oil industry, aims to facilitate new US investment in critical minerals and counter growing Chinese influence in Latin America. However, the sector faces considerable challenges, including outdated geological data, widespread illegal mining, and historical investor uncertainty.

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Orogen Royalties secures Serpent gold claims in central Nevada

Orogen Royalties announced on September 11, 2026, the acquisition of the Serpent gold project in central Nevada, a district-scale, low-sulphidation epithermal target spanning 18.8km&sup2; across 225 Bureau of Land Management claims. The project, established in collaboration with Altius Minerals, features an undrilled core Cobra structural corridor exhibiting surface gold values up to 0.95 grams per tonne, indicating significant potential within a highly prospective region. Orogen plans to make the project available for option or sale, aligning with its generative royalty business model.

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Energy Secretary Keeps Northwest Coal Generating Plant Online

U.S. Secretary of Energy Chris Wright has issued an emergency order to prevent the scheduled shutdown of Unit 2 at TransAlta Centralia Generation, LLC’s coal-fired power plant in Washington State. This directive, effective from September 13 to December 11, 2026, aims to avert critical grid reliability issues in the Northwestern U.S. and underscores the Trump Administration's commitment to prioritizing energy reliability and reversing previous policies that led to premature power generation retirements, offering a notable, albeit temporary, reprieve for the thermal coal sector.

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Mining’s digital transformation is raising the stakes for cybersecurity

<p></p> <p>The mining sector's accelerating digital transformation, marked by widespread adoption of connected systems, is significantly heightening its vulnerability to cyberattacks. A recent analyst comment from September 11, 2026, highlighted this critical challenge, noting that exposure now spans from remote mine sites to intricate global supply chains. This growing reliance on integrated operational and digital technologies underscores an urgent need for robust cybersecurity strategies across the industry to safeguard against escalating threats.</p> <p>

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Mako Mining signs mineral agreement for Guyana gold project

Mako Mining has finalized a crucial mineral agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission for its Eagle Mountain Gold Project. This agreement establishes a comprehensive ten-year stability framework, covering legal, fiscal, and operational terms, significantly de-risking the advanced-stage open-pit development in west-central Guyana. The deal, which includes commitments to environmental stewardship and community development, is a vital step toward securing permitting and advancing the 5,050-hectare project towards potential production.

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DoE awards $73m to four US mining technology testbed projects

The U.S. Department of Energy (DoE) has committed $73 million to four critical mining technology testbed projects across the nation, aimed at bolstering domestic critical mineral supply chains. These "Mine of the Future" initiatives in Virginia, Arizona, Missouri, and Texas will provide real-world environments for developing and commercializing advanced mining systems, including digital connectivity, electrification, advanced comminution, and synthetic mine testing, while simultaneously focusing on workforce training. This strategic investment underscores a national effort to enhance mining productivity, energy efficiency, and reduce reliance on foreign mineral sources, as announced on September 10, 2026.

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Metso introduces digital tools for mining operations and safety

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

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DOE’s Office of Critical Minerals and Energy Innovation Announces $73 Million to Advance Domestic Mining Technology

The U.S. Department of Energy’s Office of Critical Minerals and Energy Innovation has announced $73 million in funding for four pioneering projects under its Mine of the Future initiative. These projects, located across six states, will establish crucial domestic testing grounds for advanced mining technologies, aiming to bolster America's critical minerals supply chains, enhance operational safety and productivity, and accelerate the commercialization of next-generation mining solutions. This strategic investment underscores the nation's commitment to rebuilding its mining industry and reducing reliance on foreign adversaries for essential materials.

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Total Graphite appoints Lycopodium for Montepuez project study update

Total Graphite has engaged Lycopodium Minerals Africa to update the feasibility work for its Montepuez Graphite Project in Mozambique. This crucial step aims to re-examine process design, evaluate alternative technologies, and conduct a detailed gap analysis, with initial results expected by November 2026. The project, holding 110.5 million tonnes of resources at 8.2% total graphitic carbon and permitted for up to 100,000 tonnes per annum production, is targeting a construction resumption in 2027, positioning it to become a significant contributor to the global supply of critical graphite.

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Nokia introduces AI-driven platform for mining and fieldwork

<p></p> <p>Nokia has introduced its Cognitive Operations (CO) platform, an AI-driven solution designed to provide real-time intelligence and enhance operational resilience across critical field-based industries, with a primary focus on mining. Launched on September 10, 2026, the platform integrates mission-critical communications, edge computing, and operational AI, featuring AI assistance, 3D digital twins, and predictive maintenance capabilities. This innovation, supported by the Cognitive Edge Node (CEN) and strategic partnerships, aims to significantly reduce downtime and improve efficiency in challenging mining environments.</p> <p>

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FirstAu signs agreement to acquire Sandstone Gold Project

<p></p> <p>FirstAu has strategically expanded its gold portfolio in Western Australia with the acquisition of the Sandstone Gold Project from Complete Prospecting, announced on September 8, 2026. This acquisition encompasses five key tenements within the prospective Sandstone gold district and importantly includes access to an extensive historical reverse circulation drilling database. The deal is structured with a cash exclusivity fee, share consideration, and a deferred payment contingent on defining a significant JORC-compliant gold resource, positioning FirstAu for accelerated exploration and potential resource definition.</p> <p>

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AI could improve in-situ recovery of critical minerals

New research in the United States is exploring how artificial intelligence (AI) can significantly enhance in-situ recovery (ISR) methods for critical minerals. This innovation focuses on integrating physics and chemistry models to precisely predict the movement and reaction of fluids and reagents within complex, heterogeneous rock formations. Such advancements promise to overcome long-standing challenges in ISR, leading to more efficient, environmentally responsible, and economically viable extraction of vital resources for modern industries.

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Viridis awards first equipment contract for Colossus in Brazil

Viridis Mining and Minerals has awarded its inaugural major equipment contract for the Colossus Rare Earth Project in Brazil to Dewater Filter Press, signaling a significant advancement from development to project execution. This critical residue pressure filtration system is integral to the project's environmental and operational efficiency, supporting its ambitious target of commencing rare earth production by 2028 as a key Western supplier. The contract, structured with phased payments, underscores Viridis's strategic approach to de-risk and advance the five-million-tonne-per-annum facility, bolstered by recently secured equity funding.

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

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

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Energy Secretary Secures Carolinas’ Grid Ahead of Holiday Weekend

The U.S. Department of Energy (DOE) issued an emergency order on September 3, 2026, granting Duke Energy Carolinas, LLC, temporary authority to stabilize the electrical grid in the Carolinas, mitigating blackout risks amidst hot weather and ensuring power reliability through September 8, 2026. This directive, issued under Section 202(c) of the Federal Power Act, underscores critical vulnerabilities in national energy infrastructure and highlights the ongoing debate surrounding energy policy and its profound implications for energy-intensive industries such as mining. The incident provides a timely case study on the imperative of grid resilience and reliable power supply for continuous industrial operations.

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Lindian, Carester plan rare earths separation plant in Kazakhstan

Lindian Resources and Carester have forged a strategic agreement to establish an 8,000 tonnes per annum rare earth oxide separation facility in Stepnogorsk, Kazakhstan, complemented by a binding long-term offtake for heavy rare earth products. This landmark collaboration, supported by the Kazakh government, aims to create a crucial mine-to-oxide processing chain, enhancing global supply chain resilience for critical magnet-related rare earths. A definitive feasibility study, led by Carester and Tetra Tech Coffey, is anticipated by the end of 2026.

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Red Metal announces first ore shipping from Chilean project

Red Metal Resources has announced the early first ore shipments of copper sulphide from its Farellon Project in Chile, a significant milestone achieved approximately four months ahead of schedule. This development establishes a crucial non-dilutive revenue stream for the company through a strategic agreement with Minera KMT and ENAMI, bolstering financial stability while ongoing exploration continues to delineate further resources within the Carrizal property. The timely deliveries, amid strong copper markets, underscore effective project execution and position Red Metal for future growth in a key mining jurisdiction.

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