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Nickel Mining News

96 articles about nickel mining

Energy Secretary Keeps Coal-Fired Power Generation Alive in Florida

The U.S. Department of Energy, led by Secretary Chris Wright, has issued an emergency order compelling the Orlando Utilities Commission (OUC) to maintain operations at Unit 1 of its coal-fired Stanton Energy Center in Florida. This directive, effective from June 4, 2026, through September 1, 2026, addresses critical grid reliability concerns identified by reports from NERC and DOE, aiming to prevent power outages and stabilize energy costs during Florida's peak summer demand. The move underscores a broader federal strategy under President Trump's administration to preserve and expand coal-fired generation amidst national grid stability challenges and growing electricity demand.

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Kalgoorlie Nickel wins lead agency status for KNP-Goongarrie Hub

Kalgoorlie Nickel, a joint venture encompassing Ardea Resources, Mitsubishi, and Sumitomo Metal Mining, has been granted lead agency status by the Western Australian Government for its Kalgoorlie Nickel Project (KNP)-Goongarrie Hub. This strategic designation is poised to significantly streamline the development of one of the world's largest nickel-cobalt resources, accelerating its contribution to global battery supply chains amidst rising demand for critical minerals vital to electric vehicles and energy storage. The move underscores both state and federal commitment to advancing Australia's role in the burgeoning critical minerals sector.

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Highland Copper targets Q1 2027 feasibility update for Copperwood

Highland Copper is advancing detailed engineering and optimization studies at its Copperwood project in Michigan, US, aiming to release an updated feasibility study in the first quarter of 2027. This comprehensive review includes evaluating lower cut-off grades, incorporating bulk ore sorting technologies for previously excluded resources, and refining metallurgical processes and tailings management, all designed to enhance project economics and secure financing in a robust copper market. The efforts are crucial as the project progresses towards a significant construction decision, positioning it as a potential key contributor to near-term US copper supply.

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Gold Hunter taps MCL Drilling for 2026 drilling programme

Gold Hunter Resources has awarded MCL Drilling a contract for its inaugural 10,000m diamond drilling program at the Great Northern Project in Newfoundland, Canada, slated for 2026. This strategic move marks a pivotal step for Gold Hunter, initiating significant exploration activity on its 26,237-hectare gold prospective property, with Equity Exploration Consultants also engaged to manage all exploration activities. The collaboration with a local, experienced drilling partner like MCL, known for its diversified services and commitment to environmental stewardship, underscores Gold Hunter's approach to de-risk and efficiently advance its high-potential gold assets.

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American Pacific begins testing MT anomaly at Madison project

American Pacific Mining has initiated drilling on a substantial new geophysical anomaly at its Madison copper-gold project in Montana, US. The target, identified by a recent magnetotelluric (MT) inversion survey, represents an undrilled section of the project area and is spatially associated with significant fault corridors, suggesting potential for deeper, high-grade mineralisation. This development is part of a larger 15,000-meter drilling program for 2026, aimed at both new discoveries and expanding known skarn and intrusive-related targets.

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Great Western starts 3,000m drilling at Diorama copper-gold target

Great Western Exploration has initiated a 3,000-meter air core drilling campaign at its Diorama copper-gold target in Western Australia's Yerrida North Project, a significant first step for a site showing "DeGrussa-style" potential through surface anomalies. This ambitious program, which commenced on June 3, 2026, aims to delineate copper mineralization beneath shallow cover and explore promising gossanous zones, while simultaneously setting the stage for subsequent reverse circulation drilling at multiple nearby copper-gold targets. The exploration effort highlights a strategic focus on a region with demonstrated prospectivity for volcanic-hosted massive sulphide deposits.

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RC drilling begins at Great Southern Copper’s Victoria prospect

Great Southern Copper has initiated reverse circulation (RC) drilling at its high-priority Victoria porphyry copper target within the Especularita Project in Chile, representing the third of four targets in its current scout exploration program. This strategic move aims to unearth high-grade copper mineralization beneath artisanal workings and shallow cover, building on promising surface sample results and recent confirmation of a porphyry copper system at the nearby Artemisa North prospect. The program underscores the company's systematic approach to delineating significant copper resources within Chile's mineral-rich Cretaceous coastal belt.

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Solvay and Viridis sign LoI for rare earth supply

Solvay and Viridis Mining and Minerals have signed a non-binding Letter of Intent (LoI) for the supply of mixed rare earth carbonate (MREC) from Viridis's Colossus Rare Earth Project in Brazil to Solvay’s La Rochelle facility in France. This strategic partnership aims to enhance diversification and resilience within the global rare earth supply chain, with a target for commercial production of MREC by 2028 and a final investment decision slated for the second half of 2026. The agreement underscores growing industry efforts to secure critical feedstocks for high-demand applications in renewable energy, electric vehicles, and advanced electronics.

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New episode: how big can, and should, mega turbines get?

The global wind energy sector is rapidly entering an era of "super size wind," with offshore turbines now exceeding 15MW per unit and designs over 25MW in development. This expansion, while promising for decarbonization, presents significant challenges and opportunities across economics, operations, supply chains, and market competition, topics recently explored in the <em>Energy Technology: Industry Insights</em> podcast. For the mining industry, this trend translates directly into a surge in demand for critical raw materials, a push for cleaner energy solutions for operations, and a complex interplay with global commodity markets.

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Sandvik, Rio Tinto team up on open‑pit autonomous drilling

Sandvik and Rio Tinto have announced a significant partnership to co-develop an advanced autonomous drilling system (ADS) aimed at enhancing interoperability and remote operation capabilities across multi-rig, multi-site open-pit operations. This collaboration leverages Rio Tinto's extensive experience in autonomous deployments with Sandvik's proven AutoMine technology, promising a future of safer, more flexible, and standardized autonomous drill fleets across the global mining sector.

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Americas extends hot streak with Cosalá hits

Americas Gold and Silver (TSX: USA; NYSE-A: USAS) has unveiled significant high-grade infill drill results at its Cosalá Operations in Mexico, reinforcing a period of robust growth and operational advancements across its portfolio. These new assays, showing grades up to five times above current resource models, are crucial for refining mine planning at the San Rafael Upper and 120 zones, building on a March resource update that saw substantial increases in silver resources company-wide. Concurrently, the company continues to execute major strategic and operational upgrades at its Galena Complex in Idaho, positioning itself for enhanced production and efficiency in a strong silver market.

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Ramaco Resources, REalloys ink offtake MoU for rare earths carbonate from Brook mine

Ramaco Resources and REalloys Inc. have signed a non-binding Memorandum of Understanding to establish a strategic partnership, bolstering the U.S. domestic rare earth and permanent magnet supply chain. This collaboration envisions Ramaco supplying mixed rare earth carbonate and scandium oxide from its Brook mine in Wyoming, America’s first new rare earth mine in over 70 years, for REalloys to process into finished rare earth oxides and alloys, mitigating reliance on foreign sources.

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Talisman Metals announces channel sampling results at Tirzzit

Talisman Metals has announced promising channel sampling results from its Tirzzit copper-silver project in Morocco, confirming significant malachite mineralisation at surface. The April 2026 program sampled a 700m segment of a 4.6km trend, yielding a weighted average of 1.25m thickness at 1.21% copper and 12.25ppm silver, with all seven channels exceeding the 0.3% copper cut-off. This data reinforces the project's potential as a sediment-hosted stratiform system, paving the way for a crucial maiden drill program.

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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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Deep Sea Minerals to list on Nasdaq

Deep Sea Minerals (CSE: SEAS), a Canadian company focused on deep-sea mining concessions, has announced its intention to uplist its shares to the Nasdaq exchange. This strategic move, which involves a filed application to the Nasdaq, aims to broaden the company's investor base, enhance visibility, and increase trading liquidity as it seeks to secure exploration initiatives in critical deep-sea regions like the Clarion–Clipperton Zone and the Cook Islands. If approved, Deep Sea Minerals would join The Metals Company and Odyssey Marine Exploration as the third deep-sea exploration firm on the Nasdaq, signaling growing interest in this frontier sector for battery metals.

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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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Rio starts $1.5B expansion of Quebec aluminum smelter

Rio Tinto has commenced a significant $1.5 billion expansion of its AP60 low-carbon aluminum smelter in Quebec, aiming to more than triple its annual primary aluminum production capacity to 220,000 tonnes. This strategic investment underscores the company's commitment to supplying lower-emissions metal to critical markets and positions Quebec as a vital hub for sustainable aluminum production, leveraging its abundant hydroelectric power. The project, supported by the Quebec government, also facilitates the gradual closure of older, higher-emissions potlines at the historical Arvida site.

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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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Aluminum’s US comeback hinges on power, not tariffs, industry advocates say

The long-heralded revival of US primary aluminum production faces a critical hurdle: securing reliable, industrial-scale electricity, according to a recent report from Industrious Labs. While increased tariffs have reshaped import flows, industry advocates assert that energy access, rather than trade protectionism, remains the primary determinant for new smelter development and the expansion of existing capacity amidst rising global demand and supply chain volatility.

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Pulsar Helium acquires 1,360 acres for $2.4M at Topaz project in Minnesota

Pulsar Helium has significantly advanced its flagship Topaz project in Minnesota by acquiring 1,360 acres of crucial surface land for $2.48 million from Wolf Lands Inc. This strategic acquisition, which includes the vital Jetstream #7 well site, provides Pulsar with enhanced operational control and certainty as it moves decisively toward establishing Topaz as a major primary helium producer amidst a tightening global supply market. The move follows recent legislative action in Minnesota, which has created a more defined permitting framework for gas resource development, further de-risking Pulsar's development pathway.

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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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Q&A: Thunderstone’s CEO on whether mining can extract more metal with less rock

Thunderstone, a US-based company, is advancing electrified mining technology that promises to extract critical minerals with significantly less rock movement than conventional methods. Its CEO, Eric Wasson-Burns, highlighted in a Q&A published May 28, 2026, the potential of this fluid-control system for improving heap leaching, tailings recovery, and ultimately enabling full in-situ mining. This innovative approach seeks to address the mining industry's escalating pressures for decarbonization and sustainable critical mineral supply by stimulating and directing liquid flow through ore bodies using high-voltage electrical discharges.

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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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American Critical Minerals secures BLM permits for 2026

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

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Copi Critical Minerals Project receives NSW government approval

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

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Element 25 appoints Regroup for Butcherbird mining contracts

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

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Victory Metals gains access to US DIBC

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

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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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GoldMining starts exploration drilling at Colombia’s Yarumalito project

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

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China’s rare earth grip persists despite Trump-Xi summit, BMI says

Despite the recent May 2026 summit between US President Donald Trump and China's President Xi Jinping, China's dominant position in the global rare earth supply chain is expected to persist, according to Fitch Group's BMI. While the US sought assurances on critical mineral supplies, no formal agreements emerged, leaving a one-year suspension of some Chinese export restrictions set to expire in November 2026. This ongoing uncertainty underscores the urgency of US-led initiatives to build resilient domestic and international rare earth supply chains, as shortages of heavy rare earths like yttrium continue to impact key industries.

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Fortescue begins construction on 690MW solar farm in Pilbara

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

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

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

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Energy Secretary Keeps Critical Generation Online in Mid-Atlantic

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

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

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

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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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Stillwater Critical flags Montana rhodium, resource upside

<p>Stillwater Critical Minerals (TSXV: PGE) is making significant strides in advancing its Stillwater West multi-metal project in Montana, leveraging new rhodium assay results and a comprehensive chromium inventory to highlight its potential as a crucial future domestic source of critical minerals for the United States. Following an extensive 3,472-meter expansion drilling campaign conducted last year, the company is preparing to release an updated resource estimate next month, a pivotal step preceding the initiation of a preliminary economic assessment (PEA) later this year. This strategic progression positions Stillwater West as a key asset in the broader context of U.S. endeavors to secure its critical mineral supply chains, attracting both policy attention and investor interest, including a significant stake from Swiss-based bulk trader Glencore.</p>

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

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

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Banana waste finds new role in Australian mining blast operations

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

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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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Great Southern initiates AMT survey at La Colorada prospect

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

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Energy Secretary Strengthens Mid-Atlantic Grid Reliability

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

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Arafura announces FID on Nolans project in Australia

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

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Perpetua Resources receives $2.9bn loan from EXIM

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

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Helix buys 50% stake in Weerianna Gold-Lithium Project

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

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Botswana Minerals’ AI study uncovers 36 copper anomalies

Botswana Minerals has announced a significant exploration breakthrough, leveraging Planetary AI’s Xplore platform to identify 36 copper anomalies across two of its northern Botswana licences. This AI-assisted study revealed targets in an under-explored corridor linking Namibia's Damara Belt with the geologically prolific Central African Copperbelt, exhibiting similarities to world-class deposits like Kamoa-Kakula and Tsumeb. The company plans to initiate fieldwork within three months to prioritize and advance these promising targets, underscoring the transformative role of artificial intelligence in modern mineral exploration and its potential implications for global copper supply.

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IonicRE and Nth Cycle partner to boost rare earth refining

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

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Mining enters the age of geopolitical supply chains: refining and EoL (Part II)

<p><strong></strong></p> <p>The global mining industry is undergoing a profound strategic reorientation, where the focus on critical minerals extends far beyond extraction, according to analyst Alejandro Gonzalez on May 21, 2026. Geopolitical forces are actively reshaping supply chains, transforming refining, recycling, and comprehensive supply chain control into the new primary battlegrounds. This shift necessitates a holistic approach to mineral security, emphasizing downstream processing and a circular economy to mitigate risks and secure vital resources for modern economies.</p> <p><strong>

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United States and Bangladesh Strengthen Alliance with Energy Cooperation Agreement

The United States and Bangladesh have formalized a significant energy cooperation agreement, with the U.S. Department of Energy and Bangladesh's Energy and Mineral Resources Division signing a Memorandum of Understanding on May 14, 2026. This accord aims to bolster Bangladesh's energy security and industrial development through increased imports of U.S. energy products, including LNG and LPG, while facilitating millions of dollars in energy infrastructure projects. The agreement underscores the U.S.'s strategy to expand its energy exports and global partnerships, presenting substantial implications for the global mining sector due to the extensive mineral demands of large-scale energy infrastructure and technology development.

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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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Nth Cycle, IonicRE team up to establish rare earth refining operations in the US

Massachusetts-based critical minerals refiner Nth Cycle and supply chain developer Ionic Rare Earths (ASX:IXR) have announced a joint development and licensing agreement to establish rare earth refining operations in the United States and globally. This strategic partnership aims to deploy Nth Cycle's proprietary electro-extraction technology within IonicRE's facilities, creating the first production pathway that bypasses China for both long-loop recycling to high purity rare earth forms and the essential chemical agents used in purification. The collaboration directly addresses a significant "hidden dependency" on Chinese-produced reagents, bolstering Western efforts to build a resilient and independent critical mineral supply chain.

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

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

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

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

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

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

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

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

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Rokeby announces 20-year licence renewal for Omeo Gold Project

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

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Anglo coal sale highlights broader Australian coal transition: GlobalData

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

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Inspiration Mining starts drilling at Rottenstone North project

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

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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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ZCCM-IH aims for bigger stakes in Zambian mines

ZCCM Investments Holdings (ZCCM-IH), Zambia’s state investment company, is actively pursuing a strategy to significantly increase its minority stakes in key Zambian mining operations. This move, articulated by CEO Kakenenwa Muyangwa, forms part of a broader drive by African nations to secure greater revenue from their critical mineral resources amid surging global demand from the electric vehicle and clean energy sectors. The initiative involves boosting existing holdings, implementing 'free carry' provisions on some licenses, and extending a successful royalty-to-revenue model, all aimed at supporting Zambia's ambitious goal of reaching three million tonnes of copper production by 2031.

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Honda halts $11B Ontario plant amid losses

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

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

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

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Nouveau Monde to proceed with G7’s biggest graphite mine

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

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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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MAX Power Mining, Moose Jaw to advance natural hydrogen commercialization

MAX Power Mining has partnered with the City of Moose Jaw to accelerate the potential commercialization of natural hydrogen within Saskatchewan’s Regina-Moose Jaw Industrial Corridor, a strategic energy hub. This collaboration aims to leverage the Lawson natural hydrogen discovery, Canada’s first, and the promising Genesis Trend to establish Saskatchewan as a global leader in clean energy. The initiative seeks to connect significant resource potential with future demand, driven by MAX Power’s recent identification of a robust second drill target at the Bracken well, which showed high helium values.

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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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Mine restarts support West Africa’s gold recovery in 2026

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

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

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

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Shuka Minerals begins phase one drilling at Kabwe Zinc Mine

Shuka Minerals has commenced phase one drilling at its Kabwe Zinc Mine in Zambia, targeting a 50% increase in the No.2 ore body's resource. This 2,000-meter program, contracted to Ox Drilling, aims to further assess the significant zinc and lead mineralization while also investigating the potential for strategic by-products like silver, vanadium, gallium, and germanium, underscoring a broader focus on critical mineral development in Africa.

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Canada’s mining industry calls for sweeping reforms to stay competitive – report

Canada's mining industry, a key economic pillar, is calling for critical reforms to bolster its global competitiveness, according to a new report from the Mining Association of Canada (MAC). The report, "Facts & Figures – The State of Canada’s Mining Industry," released on May 13, 2026, highlights the sector's significant economic contributions and strategic importance in a volatile global market, while advocating for accelerated project approvals, expanded infrastructure, and competitive fiscal incentives to capitalize on growing demand for critical minerals.

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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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AOMC and Odyssey advance merger with SEC filing

American Ocean Minerals Corporation (AOMC) and Odyssey Marine Exploration have filed a registration statement on Form S-4 with the U.S. Securities and Exchange Commission, advancing their proposed merger. Valued at approximately $1 billion in equity, the all-stock transaction aims to create a significant platform for the exploration and development of deep-sea polymetallic nodules, focusing on critical minerals and rare earths. This strategic move, expected to finalize in late second or early third quarter of 2026, positions the combined entity, which will operate as American Ocean Minerals Corporation (AOMC) and trade on Nasdaq, to address growing global demand for essential raw materials.

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New episode: OTC 2026 – Insights from the ground

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

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Middle East aluminium disruption drives market towards historic deficit

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

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Energy Department Awards Contracts from the Strategic Petroleum Reserve, Advancing President Trump’s Historic Emergency Exchange

On May 11, 2026, the U.S. Department of Energy announced the award of contracts for the exchange of approximately 53.3 million barrels of crude oil from the Strategic Petroleum Reserve. This significant action is part of the United States’ 172-million-barrel commitment to the International Energy Agency’s collective effort to stabilize global oil supplies, marking a critical step in addressing short-term market disruptions and bolstering national energy security. The initiative, hailed by the current administration, further secures a 28% return premium in crude barrels, enhancing the SPR's long-term strength.

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SANY marks 1,000th electric excavator milestone as mining electrification accelerates

SANY has reached a significant milestone by delivering its 1,000th electric excavator and commercially deploying 5G remote-controlled equipment as of May 11, 2026. This achievement underscores a broader industry trend of accelerating electrification in mining, a shift highlighted by GlobalData's latest report on battery-electric mining fleets. The integration of electric heavy machinery with advanced connectivity technologies like 5G signals a new era of sustainable and efficient mining operations.

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Larvotto identifies tungsten opportunities at Curry’s Block prospect

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

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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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Ontario’s Darlington SMR renews Canada’s nuclear maturity

Ontario has initiated construction on the first small modular reactor (SMR) within the G7, marking a significant milestone in Canada's nuclear energy strategy amidst rising power demand and tightening fuel markets. The Darlington SMR project, led by Ontario Power Generation, aims to deliver 1,200 MW of capacity by the end of the decade, leveraging the GE Hitachi BWRX-300 reactor design. This development is poised to bolster Canada's energy security, stimulate domestic supply chains for critical minerals, and position the nation as a key player in the global SMR deployment race, though it also introduces new considerations regarding enriched uranium fuel sourcing.

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San Lorenzo hits all-time high on Chile gold assays

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

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Blast from the Past: US deals blow to Canada over uranium contracts, Nov. 1959

In November 1959, the United States dealt a significant blow to Canada's booming uranium industry by announcing it would not renew supply contracts set to expire in 1962-63. This decision, driven by emerging U.S. domestic supply, abruptly halted Canada's reign as the world's top uranium producer and plunged rapidly expanded boomtowns like Elliot Lake, Ontario, into a sudden economic downturn, profoundly reshaping the global nuclear fuel landscape for decades.

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Freeport delays Grasberg full restart to early 2028

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

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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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EGA partners with ADNOC to boost aluminium supply chain

<p></p> <p>Emirates Global Aluminium (EGA) and ADNOC Logistics & Services (ADNOC L&S) have forged a significant strategic alliance aimed at bolstering the resilience and efficiency of the global aluminium supply chain. Announced on May 8, 2026, at the "Make it in the Emirates" event, this high-level agreement will explore enhanced commercial ties across logistics, transportation, fleet management, and infrastructure, with the potential for a dedicated joint venture. The collaboration leverages ADNOC L&S's extensive maritime capabilities and EGA's substantial global shipping requirements, promising enhanced operational synergies and support for the UAE's industrial diversification goals.</p> <p>

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Rolls-Royce to test hybrid trucks for mining operations

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

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What is ‘Premium Content’ on Mining Technology?

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

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Gold Reserve launches American Heralds in the US

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

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Trafigura to build new aluminium smelter in Egypt

Trafigura, a global commodity trading giant, has signed a term sheet with the Egyptian Aluminium Company (Egyptalum) and Metallurgical Industries Holding (MIH) to develop a new primary aluminium smelter and an adjoining anode plant at Egyptalum’s Nag Hammadi site. This significant initiative, estimated to cost between $750 million and $900 million, will nearly double the location's current production capacity to 300,000 tonnes per annum of primary aluminium, strategically enhancing global supply chain diversification amidst tightening inventories.

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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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Trafigura in talks to build aluminum smelter in Egypt

Commodity trading heavyweight Trafigura is in advanced negotiations with Egyptian Aluminium Company (Egyptalum) and Metallurgical Industries Holding Company (MIH) to develop a new 300,000-tonne-per-annum (tpa) primary aluminum smelter and an associated 150,000-tpa anode plant in Egypt. This significant project, estimated at $750-$900 million, aims to nearly double Egyptalum’s existing production capacity and provide a critical new source of primary aluminum amidst global supply shortages and geopolitical disruptions in the Middle East.

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