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Iron Ore Mining News

42 articles about iron ore mining

Critical One, GIP agree to support work at Howells Lake project

Critical One Energy has entered into a Memorandum of Understanding (MoU) with Green Infrastructure Partners (GIP) to advance its Howells Lake Antimony-Gold Project in Ontario, Canada. This strategic alliance will focus on critical infrastructure development, including road construction and civil works, alongside specialized heavy equipment operator training for First Nation community members, positioning Howells Lake as a key North American source of essential critical minerals for defence, technology, and clean energy sectors. The agreement, announced June 1, 2026, aims to integrate the project within northern Ontario’s broader critical minerals infrastructure initiatives, with construction slated to begin in June 2026.

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Elcora signs deal to acquire South African gold mine

<p> <strong></strong> </p> <p> Elcora Advanced Materials has announced a significant strategic move into gold asset ownership with the proposed acquisition of the Eldorado gold mine and its associated tailings stockpile, located in South Africa’s historically rich Barberton Greenstone Belt. The transaction, valued at <strong style="color: green;">$2 million (C$2.76 million) in cash</strong> and <strong style="color: green;">20 million common shares</strong>, establishes a phased ownership transfer and a unique "Phase 0" development strategy aimed at generating early cash flow to self-fund subsequent mine development. This acquisition is contingent on rigorous due diligence, regulatory approvals, and a key resource validation milestone, signaling Elcora's focused expansion into a new commodity market. </p> <p> <strong>

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Military Metals sinks on revoked Slovak antimony project licence

Military Metals sinks on revoked Slovak antimony project licence Staff Writer | May 29, 2026 | 9:40 am Critical Minerals Markets Canada Europe Specialty Minerals The underground workings at Trojarova. Credit: Molten Metals Military Metals (CSE: MILI) is contesting a decision by Slovakian environmental authorities to revoke the company’s exploration licence on the Trojarova antimony-gold project. In a statement this week, the Canadian explorer said the Ministry of the Environment of the Slovak Republic had cancelled the Trojarova licence “without appropriate justification”, and that it will “pursue all legal avenues” to fight the decision. Shares of Military Metals sank on the news, falling as much as 60% to a 52-week low of C$0.16. By Friday afternoon, it had recovered some losses, trading at a market capitalization of C$21.6 million ($15.7 million). Soviet-era project Trojarova, located near the capital city Bratislava, represents an advanced exploration stage project with considerable mining history. According to company website, the project is likely a continuation of the former Pezinok mine, one of Europe’s most significant antimony producers with a history going back over 200 years. Military Metals acquired the project in late 2024 , acting on the growing significance of antimony supply across the globe...

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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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New episode: Glut or shortage – what lies ahead for LNG?

On May 27, 2026, the <em>Energy Technology</em> podcast, hosted by Eve Thomas of <em>Offshore Technology</em>, delved into the critical question of whether the global Liquefied Natural Gas (LNG) market is headed for an oversupply or a significant shortage. Featuring insights from commercial LNG analyst James Voyle and professor of global energy Michael Bradshaw, the discussion highlighted the conflicting forces of rapid export capacity expansion, geopolitical supply chain pressures from events like the closure of the Strait of Hormuz, and the long-term threat of demand destruction posed by increasingly cost-effective renewable energy sources. This ongoing debate profoundly impacts energy strategy, infrastructure investment, and raw material demand across sectors, including mining operations reliant on stable and affordable energy.

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UK inquiry thrusts tungsten mining into defence minerals spotlight

<p><strong></strong> The United Kingdom's parliamentary inquiry, as reported on May 28, 2026, is shedding critical light on the strategic imperative of establishing domestic capabilities in refining and metallization of key critical minerals like tungsten and rare earths. Witnesses have underscored to UK Members of Parliament that the nation's future defense-industrial resilience hinges on securing supply chains independently of China, marking a significant re-evaluation of national security and economic strategy within the global mining sector. This development signals a broader shift towards supply chain resilience over purely cost-driven approaches, presenting new opportunities and challenges for mining and processing investments outside traditional hubs.</p> <p><strong>

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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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Decarbonising mining: solar lights the way for electrification

The global mining industry is rapidly adopting renewable energy, particularly solar power, as a foundational step towards comprehensive decarbonization and electrification. While complete decarbonization remains a long-term goal, current strategies prioritize market-ready renewable solutions due to their decreasing costs and immediate environmental benefits. This article details how solar is emerging as the dominant renewable power source in new mine developments and on-site generation, supported by transitional fuels like natural gas, and highlights key industry players driving this critical energy transition.

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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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Canadian steel sector faces deeper pain than aluminum as tariff uncertainty clouds outlook

Canada's steel industry is confronting a significantly deeper and more protracted challenge from U.S. tariffs compared to its aluminum counterpart, with monthly export revenues estimated to be $500 million lower than pre-tariff levels. While federal support offers immediate liquidity, deemed a "short-term solution" by PwC Canada's Gemma Stanton-Hagan, the sector grapples with global oversupply and an inability to diversify away from its historically dominant U.S. market, signaling a potential long-term restructuring of North American trade dynamics.

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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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Tungsten West secures $25m loan for Hemerdon mine restart

<p></p> <p>In a significant development for the European critical minerals sector, Tungsten West has secured a $25 million bridging loan to propel the phased restart of its Hemerdon tungsten and tin mine in Devon, UK. This financial injection, provided by an entity controlled by substantial shareholder Gregory Coffey, is designed to maintain the project's rapid development pace, with fines gravity processing slated to commence in Q3 2026. The company is concurrently progressing towards finalising a larger $85 million debt package, which will ultimately repay the bridging loan and fully fund the mine's restart to a targeted capacity of 500 tonnes per hour by Q1 2027.</p> <p>

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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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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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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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AML awarded $2M US defense contract for domestic heavy magnets

Advanced Magnet Lab (AML) has secured a significant $2 million contract from the U.S. Defense Logistics Agency (DLA) to qualify domestic production of high-grade sintered NdFeB permanent magnets. This strategic award, announced on May 19, 2026, aims to bolster U.S. defense capabilities and commercial reliance on a secure, domestically sourced supply chain for critical magnet materials, leveraging AML's innovative PM-Wire manufacturing process and collaborative partnerships across the rare earth sector. The initiative is set to rapidly scale the manufacturing of these essential components, reducing dependence on foreign supply and enhancing national security.

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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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Metals One and DISA agree to treat uranium mine waste

Metals One has advanced its collaboration with DISA Technologies, signing a definitive agreement to assess and potentially treat abandoned uranium mine waste at its Uravan Belt Uranium-Vanadium Project in Colorado, US. This initiative aims to recover valuable uranium and critical mineral concentrates while remediating historical environmental liabilities using DISA's High-Pressure Slurry Ablation (HPSA) technology. The partnership underscores a strategic move towards domestic critical mineral recovery and environmental stewardship within one of America's historically significant uranium districts.

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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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Trump leaves Beijing with no rare earth deal confirmed

US President Donald J. Trump concluded a two-day summit in Beijing on May 15, 2026, without securing a critical agreement on rare earth minerals, despite labeling the visit a "success." This outcome underscores China's persistent dominance in the global rare earth supply chain and the continued vulnerability of Western industries, particularly in electric vehicles, semiconductors, and defense, to potential disruptions. The absence of a deal reinforces the growing prominence of critical minerals as a central point of geopolitical tension between the US and China, shifting focus from traditional tariffs to strategic control over essential raw materials.

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Water shortages are quietly killing mining projects — new tech rises to fix it

Water scarcity has quietly transitioned from a logistical footnote to a critical impediment for promising mining projects globally, significantly impacting permitting timelines, financial viability, and community relations. As of mid-May 2026, industry experts like Justin Vandenbrink of Woodard & Curran highlight that water strategy is increasingly a core development issue rather than a downstream environmental task. This challenge is driving the emergence of innovative solutions, with US-based Genesis Systems pioneering atmospheric water generation technology to produce potable water directly from the air, offering a potentially transformative approach to securing this essential resource for operations.

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Energy Department Awards $94 Million to American Companies to Help Expedite the Deployments of Small Modular Reactors in the United States

The U.S. Department of Energy (DOE) has awarded over $94 million to eight American companies to accelerate the deployment of advanced light-water Small Modular Reactors (SMRs). This significant federal investment, announced on May 14, 2026, targets critical gaps in licensing, supply chain development, and site preparation, with the aim of bolstering domestic nuclear energy generation by the 2030s and fulfilling President Trump’s "nuclear energy renaissance" agenda. The initiatives are poised to create substantial opportunities across the nuclear fuel cycle, driving demand for uranium and specialized manufacturing components, and directly impacting the mining 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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Ioneer, Lithium Americas defend Nevada projects as Amnesty flags Indigenous consent gap

Amnesty International has accused major lithium projects in Nevada, including those by Ioneer and Lithium Americas, of advancing without obtaining free, prior, and informed consent (FPIC) from affected Indigenous Peoples. This highlights a significant disparity between US federal permitting requirements for consultation and international human rights standards like the UN Declaration on the Rights of Indigenous Peoples (UNDRIP). While companies assert full compliance with US law, Amnesty argues these projects on ancestral lands fall short of ethical sourcing norms, potentially posing long-term risks to the emerging battery metals hub in Nevada.

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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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Power Minerals to begin drilling at Morro do Ferro Project in Brazil

<p></p> <p>Power Minerals is set to commence an extensive diamond drilling program at its recently acquired Morro do Ferro Rare Earths Project (MDF Project) in Minas Gerais, Brazil, later this month. This significant step, following last month's acquisition, aims to expand the known high-grade magnetic and total rare earth oxide mineralization, validate historical results, and swiftly advance the project towards a maiden Mineral Resource Estimate, positioning it as a potentially critical supplier in the global REE market.</p> <p>

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Focus Graphite in Quebec boasts world’s fifth-largest resource

Focus Graphite's Lac Tetepisca project in central Quebec has significantly updated its resource estimate, establishing it as the world's fifth-largest graphite deposit and North America's largest by measured and indicated resources. This milestone, boasting 14.7 million tonnes of contained graphite at 10.2% graphitic carbon, firmly positions Quebec as a critical hub in the global battery metals supply chain, offering a substantial domestic alternative to China for advanced technological applications. The project's high grade, open-pit potential, and strategic location underscore its importance for North American critical mineral independence.

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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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Energy Department to Invest $36 Million in Enhanced Oil Recovery Program at the University of North Dakota

The U.S. Department of Energy (DOE) is investing $36 million in the University of North Dakota’s Energy & Environmental Research Center to advance carbon dioxide-based Enhanced Oil Recovery (EOR) in the Bakken shale formation. This funding, part of the $145 million Bakken EOR–Cracking the Code program, aims to unlock billions of additional barrels of oil by integrating laboratory research, AI modeling, and six field pilot projects. The initiative also leverages captured CO2 from coal-fired power plants, connecting energy production with carbon utilization strategies, thereby supporting domestic energy security and innovative resource management.

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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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Tharisa awards underground contract to Cementation Africa

Tharisa Minerals has awarded a pivotal five-year underground mining contract to Cementation Africa, marking a significant strategic shift towards unlocking the long-term, multi-generational potential of its Tharisa Mine in South Africa. This agreement, structured on an innovative alliance-style model, builds on Tharisa's recently announced $547 million investment into underground platinum group metals (PGM) mining and aims to extend the mine's life and enhance operational performance within the prolific Bushveld Complex. The transition will see open-pit operations continue in parallel with new underground development, securing access to deeper mineralized zones.

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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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CIM appoints Lucy Potter as 2028-29 president-elect

The Canadian Institute of Mining Metallurgy and Petroleum (CIM) has announced the appointment of Lucy Potter as its president-elect for the 2028-2029 term, effective May 2028. Potter, currently General Manager, Technical and Sustainability, at Rio Tinto Iron & Titanium and Diamonds, brings over 25 years of extensive experience across the mining value chain, including senior leadership roles at major global miners. Her appointment signals a strategic focus on balancing growing global demand with sustainable development and fostering operational excellence within the Canadian minerals and metals industry.

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New Earth expands Lucky Boy project with 268 acres in Arizona

New Earth Resources has significantly expanded its Lucky Boy Uranium Project in Gila County, Arizona, securing an additional 268 acres of state mineral lease land. This strategic acquisition, approved by the Arizona State Land Department following an application in February 2026, nearly doubles the company's land holdings at Lucky Boy to approximately 541 acres, strengthening its position in a historically productive uranium region. The expansion is anticipated to provide substantial flexibility for future exploration and development in a revitalized global uranium market.

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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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Cove Kaz, Skyline sign merger agreement

Cove Kaz Capital Group and Skyline Builders Group have signed a definitive merger agreement, anticipating the formation of Kaz Resources, a Nasdaq-listed entity under the ticker ‘KAZR’. This strategic consolidation aims to establish a global leader in critical minerals, particularly tungsten and rare earths, destined for the US defense and industrial sectors. The merger, which includes the significant acquisition of Kaz Critical Minerals' 15 licenses in Kazakhstan, is strategically poised to leverage substantial US government financial backing for its advanced exploration and late-stage projects.

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