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Nickel Mining News

99 articles about nickel mining

Vizsla Copper reports phase one drill results at Thira Discovery

Vizsla Copper has reported significant phase one drill results from its Thira porphyry discovery within the Poplar Project in central British Columbia, Canada. Drill hole TH26-154 returned a robust 472.8 meters at 0.40% copper equivalent, indicating a substantial mineralized footprint of approximately 800m by 900m. These findings, along with promising results from Camp Lake and Copper Pond targets, are setting the stage for an aggressive phase two drill program planned for late July 2026, aimed at further defining this large-scale copper-molybdenum system.

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IEA highlights supply risks for France in critical minerals sector

The International Energy Agency (IEA) has issued a significant warning regarding increasing supply chain risks for critical minerals, which could impede nations like France in their industrial and energy transitions. Despite a reported rebound in critical mineral prices in 2025 and early 2026, the IEA's 2026 Global Critical Minerals Outlook highlights a 9% drop in investment in 2025 and growing market concentration, particularly in refining. In response, France launched a €500 million ($571.76 million) strategy in 2023 to develop domestic extraction, processing, and recycling capabilities for 26 key raw materials, aiming to bolster its mineral security.

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Hitachi, Pronto sign MoU for mine automation solutions

Hitachi Construction Machinery, soon to be rebranded LANDCROS, and automation specialist Pronto have signed a Memorandum of Understanding (MoU) to develop open automation solutions for the global mining industry. This strategic partnership aims to provide mining operators with flexible, OEM-agnostic technologies to enhance productivity, improve safety, and address critical operational challenges such as widespread labor shortages. The collaboration seeks to create a more accessible and adaptable path to mining autonomy by avoiding reliance on proprietary ecosystems.

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Liberty Bell Bay smelter closure confirmed as sale collapses

The Liberty Bell Bay manganese smelter in northern Tasmania, owned by GFG Alliance, has ceased operations immediately following the collapse of a proposed sale consortium, which initially included Adroit Capital and White Oak. Confirmed by administrators EY Parthenon on July 17, 2026, the closure impacts approximately 217 workers and signifies the failure of extensive government interventions, including millions in financial aid and a proposed ten-year power agreement, to secure the facility's future. This event highlights the formidable challenges confronting energy-intensive heavy industries in Australia and delivers a significant economic blow to the region.

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Nevada King secures BLM approval for Atlanta gold project

Nevada King Gold has secured a pivotal approval from the Bureau of Land Management (BLM) for its Atlanta Gold Mine Project, marking the fifth and largest operational modification to date. This expansion permits 482 new drill sites across key areas and facilitates the deployment of a third drill rig, significantly accelerating the company's exploration efforts. With C$18.1 million in cash, Nevada King is fully funded to execute its ambitious 40,000-meter Phase Four RC drill program, strategically advancing a project located in a world-class mining jurisdiction.

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Skyharbour, Purecore sign LoI for Yurchison uranium option

Skyharbour Resources has entered into a non-binding letter of intent with Purecore Metals, granting Purecore a potential option to acquire up to a 100% interest in Skyharbour’s Yurchison uranium property. Located in Saskatchewan’s prospective Wollaston Domain, approximately 75km south of Cameco’s Rabbit Lake operation, the agreement covers 22 mineral claims spanning 35,029 hectares. This strategic collaboration aims to advance exploration on a property with documented historical uranium and molybdenum mineralization, leveraging modern geophysical insights obtained in 2022 and 2023.

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First Quantum considers sale of stake in Argentina’s Taca Taca project

First Quantum Minerals is reportedly considering divesting a minority stake in its Taca Taca copper project in Argentina, a move that underscores the intense global interest in new copper assets. Potential buyers, including Rio Tinto Group and Japanese trading houses Mitsubishi and Mitsui & Co., are eyeing the project which could produce over 320,000 tonnes of copper annually. This strategic consideration highlights the growing demand for copper, Argentina's emerging role as a mining destination, and the industry's approach to financing large-scale critical mineral developments.

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Hi-View begins exploration campaign in BC’s Toodoggone area

<p></p> <p>Hi-View Resources has initiated its 2026 exploration program within British Columbia's highly prospective Toodoggone Mining District, focusing on advanced porphyry targets. The comprehensive campaign involves extensive geophysical, geochemical, and geological fieldwork, including 50 line kilometers of IP surveying and the collection of 4,000 soil samples, with drill permits already secured for key zones like Lawyer's East, Borealis, and Golden Stranger. This systematic approach aims to finalize drill targets, underscoring the company’s commitment to de-risking and advancing its significant property in a geologically favorable region.</p> <p>

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BHP approves $900m for Pilbara’s Ministers North iron ore site

BHP has announced a significant $900 million investment (A$1.28 billion) to develop the Ministers North Project, a high-grade iron ore deposit in Western Australia’s Pilbara region. This strategic satellite extension of BHP’s long-standing Yandi operations, a joint venture with Itochu Corporation and Mitsui & Co, targets 20 million tonnes per annum within a few years, aiming for first ore in financial year 2029. The project is designed to leverage existing Yandi infrastructure, enhancing BHP’s Western Australia Iron Ore (WAIO) division’s medium-term production targets and reinforcing the company's commitment to high-quality iron ore supply.

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Rio Tinto reports increase in iron ore sales in Q2 2026

<p></p> <p>Rio Tinto has reported a robust second quarter and first-half performance for 2026, driven by a 5% year-on-year increase in global iron ore sales and a significant 20% surge in lithium production. The mining giant also revised down its 2026 copper C1 net unit cost forecast due to higher gold prices and productivity gains, demonstrating strategic operational adjustments amidst a complex global environment, even as overall copper production saw a dip in Q2.</p> <p>

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The rise of renewable diesel in lower emission mining

The mining industry is witnessing a significant shift towards renewable diesel (HVO) as a viable "drop-in" fuel alternative to reduce greenhouse gas emissions without compromising operational performance. With global capacity projected to exceed 9 billion gallons annually by 2030, this alternative offers a practical pathway for mines to meet ambitious net-zero targets and interim 2030 emission reduction goals, leveraging existing fleets and infrastructure. Early successes at Imperial Oil's Kearl and Rio Tinto's Kennecott mines demonstrate the fuel's compatibility and efficiency under demanding conditions, positioning it as a strategic option for industry-wide decarbonization efforts.

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CEMI and Marks & Clerk partner on Canadian mining innovation

The Centre for Excellence in Mining Innovation (CEMI) has forged a two-year associate partnership with intellectual property firm Marks & Clerk to serve the Mining Innovation Commercialisation Accelerator (MICA) Network. This collaboration, announced on July 16, 2026, designates Marks & Clerk as the preferred IP provider, offering critical legal, technical, and commercial support to Canadian mining innovators. The initiative is designed to fortify Canada's control over emerging mining technologies and integral intellectual property, thereby bolstering economic stability and securing critical mineral supply chains.

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Nova Minerals completes engineering for Estelle antimony pilot plant

Nova Minerals has completed the engineering and design phase for its antimony pilot processing plant at the Estelle project in Alaska, marking a significant step towards domestic antimony production. The pilot plant, designed to meet military-grade antimony trisulfide specifications established by the US Department of War, will utilize a cleaner hydrometallurgical method with construction commencing this quarter. This development positions Nova Minerals to address the critical mineral supply chain needs within the United States, particularly for defense and high-tech applications.

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Genesis and Vault Minerals sign $8.7bn merger agreement

Genesis and Vault Minerals have announced an A$12.6 billion ($8.7 billion) merger, poised to create Australia's third-largest gold producer with an estimated annual output of 600,000–700,000 ounces. The deal consolidates significant gold operations exclusively in Western Australia, including key assets near Leonora and Bardoc-Mount Monger, and is projected to yield A$2 billion in post-tax synergies. This strategic combination enhances the combined entity's resource base, financial strength, and market position in the global gold sector.

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Macmahon secures $247m contract for Mt Marion lithium project

<p class="summary">Macmahon Holdings, through its subsidiary Macmahon Underground, has secured a substantial A$355 million (US$247 million) contract to provide comprehensive mining services at the Mt Marion lithium operation in Western Australia. This three-year agreement, announced on July 15, 2026, includes an option for a one-year extension and supports a pivotal expansion by co-owners Mineral Resources and Jiangxi Ganfeng Lithium to transition the mine to underground operations and introduce a new flotation plant, significantly enhancing its role as a global lithium supplier.</p>

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Toubani secures $208m in funding for Kobada Gold Mine development

<p></p> <p>Toubani Resources has successfully secured a comprehensive A$302 million (US$208 million) funding package for the development of its Kobada Gold Mine in Mali. This crucial financing, predominantly comprising a US$160 million gold stream facility with Eagle Eye Asset and a US$48 million strategic equity financing, is designed to ensure the project remains on its accelerated timeline, targeting first gold production by the third quarter of 2027. The package underscores significant investor confidence in the Kobada project, providing the necessary capital for construction completion, VAT payments, and ongoing exploration activities.</p> <p>

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Arrow Minerals completes gravity survey at Yarraloola copper site

Arrow Minerals has significantly advanced its Yarraloola Copper Project in Western Australia's Pilbara region, completing a detailed gravity survey over 791 stations targeting the Ava, Fraser, and Mr Thomas areas. This critical geophysical work, aimed at refining drill targets for later in 2026, is now complemented by funding secured from the WA Government’s Exploration Incentive Scheme for an advanced electromagnetic survey. These integrated efforts set a robust foundation for identifying significant copper mineralization, following Arrow Minerals' recent acquisition of an 80% interest in the promising project.

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American Pacific Mining adds second rig at Madison site

American Pacific Mining has significantly ramped up exploration at its fully owned Madison Copper-Gold Project in Montana, US, by deploying a second drill rig. This expansion targets both shallow, high-grade skarn mineralization and deeper, large-scale porphyry-style deposits, underscoring the company's ambition to define a substantial copper-gold system. The ongoing 15,000-meter drill program is crucial for informing Madison's inaugural mineral resource estimate, anticipated in 2027, potentially positioning the project as a key domestic source for critical metals.

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Arika commences mobilisation for drilling at WA gold projects

Arika Resources has initiated mobilization for an extensive 20,000-meter-plus drilling campaign across its wholly owned Yundamindra and Kookynie gold projects in Western Australia's highly prospective Leonora-Laverton region. This ambitious program, scheduled to commence in the coming weeks, marks the most active exploration period in the company's history, targeting both high-grade extensions and new discovery opportunities to advance towards a maiden mineral resource estimate at Yundamindra. The systematic exploration strategy, encompassing detailed geological studies, soil sampling, and metallurgical testing, underscores Arika's commitment to unlocking significant gold potential in a world-renowned mining jurisdiction.

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ReElement withdraws from $80m Pentagon loan process

<p> ReElement Technologies, a US rare earths start-up, has withdrawn from a conditional $80 million loan process with the US Department of Defense after failing to meet federal due diligence standards. This decision impacts a broader $700 million critical minerals funding initiative designed to bolster domestic supply chains and reduce reliance on foreign nations, particularly China. The company now intends to prioritize private investment while exploring alternative forms of federal assistance for its critical minerals processing technology. </p> <p>

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Vault Strategic plans UAV magnetic survey at Nevada tungsten site

Vault Strategic Mining Corp. is launching a high-resolution, UAV-based magnetic survey at its War Bond Tungsten Project in western Nevada, aiming to refine geological models and identify future drill targets. This strategic move, leveraging cutting-edge drone technology and historical data, signifies the company's methodical approach to developing a compelling historical tungsten asset within a premier mining jurisdiction. The initiative reinforces Vault Strategic's broader focus on advancing its critical mineral portfolio, highlighted by recent tungsten project acquisitions in California and Quebec.

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Riverside, Questcorp complete geophysical surveys at La Union Project

Riverside Resources and Questcorp Mining have successfully completed expanded geophysical surveys, including aeromagnetic drone and induced polarization (IP) ground surveys, at their La Union Project in Sonora, Mexico. This critical data is being immediately integrated into the ongoing phase two drilling program, significantly enhancing the understanding of subsurface structures and refining exploration targets, particularly at the Union, Union North, and Jabali zones. The findings promise to accelerate the project's development by providing a clearer geological framework for potential carbonate replacement deposit and sediment-hosted gold mineralization.

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Tocvan to acquire 49% stake in Pilar mining concessions

Tocvan Ventures is set to acquire the remaining 49% interest in the Pilar mining concessions from Colibri Resources, consolidating 100% ownership of its Gran Pilar gold-silver project in Sonora, Mexico. This strategic acquisition, valued at C$3.6 million in cash plus a 1% net smelter return royalty to Colibri, is expected to streamline development, expedite decision-making, and fully unlock the project's exploration and production potential. The move positions Tocvan to advance rapidly towards resource definition and pilot production at the promising gold-silver anomaly.

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Cove Kaz Capital to start site work at Kazakhstan’s Severniy Katpar

Cove Kaz Capital Group is set to commence pivotal site preparation work in July 2026 at its Severniy Katpar tungsten project in Kazakhstan. This activity, including land surveying and the establishment of drill pads, will support the final definitive feasibility study drilling for what is known as the world's largest undeveloped tungsten resource, estimated at 1.4 million tonnes of tungsten trioxide. The project, a joint effort with Tau-Ken Samruk, is strategically positioned to contribute approximately 15% of current global tungsten mine production, marking a significant advancement for the critical mineral supply chain.

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Energy Department Closes Loan to AEP Texas, Delivering Millions in Electricity Cost Savings for Texans

The U.S. Department of Energy (DOE) has finalized a significant loan of up to $3.26 billion to AEP Texas, aiming to modernize vast sections of the Texas electricity grid and deliver substantial cost savings to over one million households and businesses. This strategic investment, facilitated by the DOE's Office of Energy Dominance Financing (EDF), targets critical infrastructure upgrades, enhancing grid reliability and supporting the surging power demands from key industrial sectors, including the vital oil and natural gas operations in the Permian Basin. The initiative is poised to create thousands of jobs and reinforce the nation's energy security, holding considerable indirect benefits for the broader mining industry through increased demand for raw materials and a more stable, affordable energy supply.

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Kenorland completes initial drill programme at Western Wabigoon

Kenorland Minerals has successfully concluded its initial diamond drill program at the Western Wabigoon Project in north-western Ontario, targeting a significant 3km-long gold-in-till and heavy mineral concentrate anomaly within the W2 area. The summer 2026 campaign, comprising 4,089 meters across nine holes, confirmed key geological structures and identified visible gold in one drill hole, underscoring the project's exploration potential under an option agreement with a Centerra Gold subsidiary. Assay results, crucial for determining the project's future, are anticipated in the third quarter of 2026.

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EGA resumes alumina output at Al Taweelah refinery in Abu Dhabi

Emirates Global Aluminium (EGA) has successfully restarted alumina production at its Al Taweelah refinery in Abu Dhabi, having suspended operations in March 2026 following Iranian attacks on the Khalifa Economic Zone. The critical facility, which supplied 46% of EGA’s alumina needs in 2025, expects to reach 50% of its capacity within days, with a technical goal of achieving full production by the end of 2026, contingent on broader supply chain factors. This resumption marks a significant step in restoring a vital component of the UAE’s integrated aluminium production complex, underscoring strategic efforts to enhance resilience in the global supply chain.

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Prairie Lithium receives DLE unit in Saskatchewan

Prairie Lithium has announced the arrival of a commercial Direct Lithium Extraction (DLE) unit at its project site in Saskatchewan, Canada, marking a pivotal step towards Phase One commercial lithium production. This DLE unit is notably four times the size of the system operating at Standard Lithium’s Arkansas project, underscoring the scale of Prairie Lithium’s initial phase. The company anticipates installation and commissioning of the unit, alongside existing infrastructure, before the end of 2026, with 100% of Phase One output already committed to Hydro Lithium via a binding off-take agreement.

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Secretary of Energy Chris Wright Announces Newly Appointed Members of the Secretary of Energy Advisory Board

The U.S. Department of Energy (DOE) announced on July 9, 2026, the appointment of new members to its Secretary of Energy Advisory Board (SEAB), setting a strategic course for American energy policy. These 20 leaders from diverse sectors, including oil and gas, renewables, finance, and technology, will serve two-year terms expiring in May 2028, providing crucial counsel to Secretary Chris Wright on vital energy issues. The composition of the board signals a comprehensive approach to securing "affordable, reliable, and secure American energy," holding significant implications for the mining industry's role in supplying critical raw materials.

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Lowry reserves extend Sandfire’s Black Butte copper mine life to 12 years

Sandfire Resources America has unveiled an updated Preliminary Feasibility Study for its Black Butte copper project in Montana, integrating the new Lowry deposit and extending the mine's projected life to 12 years. This enhancement significantly boosts contained copper reserves to 370,000 tonnes at a 2.6% grade, positioning Black Butte as a pivotal domestic copper asset for the United States, despite showing moderate financial returns on investment.

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Carney seeks deeper Saudi mining, energy partnership

Canadian Prime Minister Mark Carney's recent visit to Saudi Arabia signaled a significant deepening of economic ties, resulting in over C$1 billion ($710 million) in commercial agreements focused on mining, critical minerals, and energy. This landmark visit, the first by a Canadian premier in 26 years, positions Canadian companies for substantial involvement in Saudi Arabia's ambitious Vision 2030 diversification strategy, while helping Canada reduce its dependence on the U.S. market. The partnership is set to enhance cooperation across vital sectors, including critical mineral supply chains, sustainable energy projects, and advanced technology.

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Macquarie says copper price rally still running ahead of reality

Macquarie Strategy analysts contend that the recent rally in copper prices is detached from underlying physical market realities, driven more by speculative positioning and tariff-related trade flows than actual demand. Despite current trading at $13,800 a tonne, the bank points to surging visible inventories and projected surpluses stretching into 2028, alongside underperforming mine supply and weakening demand in key markets like China. While recognizing copper's long-term structural attractiveness for the energy transition, Macquarie forecasts a market correction, projecting a price floor of $11,000 a tonne by the third quarter of 2027.

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Africa’s mining sector poised for sustained growth driven by critical minerals and policy reforms

Africa's mining sector is poised for significant and sustained growth, driven by increasing global demand for critical minerals and ongoing policy reforms across the continent. While platinum remains a foundational commodity, with Africa anticipated to contribute nearly 80.5% of global production in 2025, the sector continues to navigate persistent challenges including infrastructure deficits, regulatory ambiguities, and escalating operational expenses. This outlook, detailed by a GlobalData analyst comment on July 7, 2026, underscores Africa's strategic importance in the evolving global mineral supply chain.

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Copper and lithium boom reinforces Latin America’s role in the future of mining

Latin America is solidifying its indispensable role in the global mining industry, driven by significant booms in copper and lithium, according to an analyst comment from GlobalData on July 7, 2026. Countries such as Chile, Peru, Brazil, and Mexico continue to serve as crucial industry anchors, underpinned by their established mining sectors, robust foreign investment inflows, and well-developed infrastructure that facilitates resource extraction and export. The region is particularly witnessing transformative growth in its lithium sector, with Argentina and Brazil at the forefront of this expansion, vital for the burgeoning electric vehicle and renewable energy markets.

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Weir to supply crushing circuit for Brightstar’s Goldfield project

Weir Group has secured a significant contract to supply a complete crushing circuit, including its advanced ENDURON ET jaw and EC cone crushers, alongside WARMAN pumps and CAVEX hydrocyclones, for Brightstar Resources’ Goldfields gold project in Western Australia. This strategic partnership, facilitated by GR Engineering Services, aims to establish a 1.5 million tonnes-per-year processing facility, with Brightstar targeting its first gold pour by mid-2027. The agreement underscores Weir's commitment to delivering integrated, efficient solutions and highlights the growing investment in Australia's prolific gold sector.

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Department of Energy Celebrates Fourth Criticality Ahead of July 4th Goal

The U.S. Department of Energy (DOE) has announced that Aalo Atomics' Aalo-X advanced reactor successfully achieved zero-power fueled criticality at Idaho National Laboratory, marking the fourth such milestone under the DOE Reactor Pilot Program. This achievement surpasses the goal set by President Trump's May 2025 executive order and signifies a resurgence in American nuclear energy development. The rapid construction and successful demonstration highlight the increasing momentum for advanced nuclear technologies, with significant implications for domestic uranium demand and critical mineral supply chains within the mining industry.

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Op-Ed: Molybdenum and the geopolitics of substitution

Molybdenum's dramatic price rally, reaching $65,503/t in May 2026, signals a significant shift in the critical minerals market, driven less by typical by-product demand and more by geopolitical pressures surrounding tungsten. This surge reflects a new paradigm where "functionality scarcity" trumps simple mineral scarcity, as manufacturers redesign materials to reduce reliance on geopolitically concentrated supplies, bolstering molybdenum's strategic importance as a substitute and a critical by-product in global supply chains.

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Mine operators face worsening wildfire seasons

Mining operations across Western Canada are bracing for a potentially severe 2026 wildfire season, exacerbated by persistent drought conditions and a strong El Niño climate pattern. This article details how major mining companies, including Teck Resources, Artemis Gold, Osisko Development, and Cameco, are enhancing preparedness plans following a record 2023 season and previous operational disruptions, facing challenges from power infrastructure vulnerability to heightened scrutiny from insurance providers. The deepening threat is prompting a fundamental shift in how the industry approaches risk management, capital allocation, and even the design of new mining facilities.

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China’s top ETF is now gold, not stocks

Three significant developments in the global gold market converged within a single week in early July 2026, signaling a profound structural shift towards the precious metal. These included central banks making their second-largest monthly gold purchase of the year, China's largest exchange-traded fund transitioning from an equity fund to a gold fund, and Citi becoming the first new clearing member of London's critical over-the-counter bullion market in a decade. These synchronized movements indicate a robust and sustained institutional and private rotation into gold, carrying significant implications for the global mining industry.

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Trump Administration Moves to Permanently End Green New Scam Appliance Mandates

The U.S. Department of Energy (DOE) has introduced a Notice of Proposed Rulemaking to dismantle home appliance and equipment efficiency mandates, aiming to reduce costs and enhance consumer choice. Announced by Secretary of Energy Chris Wright on July 2, 2026, this move aligns with President Trump's broader deregulation agenda, impacting products from air conditioners to washing machines. The proposal seeks to revise the DOE’s “Process Rule” for establishing energy conservation standards, potentially shifting demand dynamics for critical minerals and energy resources relevant to the mining sector.

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Sandvik receives underground equipment order from CoMinVi

Sandvik has secured a significant order, valued at approximately Skr340 million ($35.2 million), from Mexican mining contractor Constructora Minera Villagómez (CoMinVi) for a comprehensive fleet of underground mining equipment. This deal, booked for the second quarter of 2026, not only includes the supply of rock bolters, loaders, and trucks but also a robust four-year agreement for parts and equipment rebuilds, signalling a deepening of their two-decade-long strategic partnership. The investment underscores CoMinVi's growth ambitions in the Mexican mining sector and reinforces Sandvik's position as a leading global equipment provider, particularly in the critical underground segment.

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The UK’s critical minerals ambitions will need Cornwall

<p></p> <p>In a thought-provoking commentary published on July 6, 2026, CMGA managing director Ola Zawalna emphasized the indispensable role of Cornwall in realizing the UK’s critical minerals ambitions. Zawalna posits that the development of critical mineral projects and the deployment of new extraction technologies within the historic mining region of Cornwall are paramount to enhancing the United Kingdom's overall resource security, highlighting a strategic domestic imperative for a resilient supply chain.</p> <p>

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Metso extends supply contract for crusher parts in South America

Metso has secured a significant three-year extension to its long-term supply agreement with a major South American mining company, valued at approximately €10 million ($11.43 million) annually. The contract ensures the provision of advanced MX crusher wear parts for Nordberg MP1250 crushers, complemented by comprehensive on-site technical support and performance tracking, solidifying Metso’s role as a critical original equipment manufacturer service provider in a key mining region. This strategic renewal, with initial deliveries recorded in Q1 2026, underscores the growing demand for integrated aftermarket solutions that enhance operational efficiency and minimize downtime in the global mining sector.

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Energy Dominance Financing Office Celebrates One Year Since Passage of the Working Families Tax Cuts Act

The U.S. Department of Energy's Office of Energy Dominance Financing (EDF) has marked the one-year anniversary of President Trump’s Working Families Tax Cuts, which expanded the EDF's loan authority to over $250 billion to bolster U.S. energy and industrial leadership. Highlighting significant investments in nuclear power restarts, grid modernization, and critical mineral supply chains, the EDF is driving a national strategy to secure baseload energy, lower consumer costs, and revitalize domestic manufacturing, including a substantial focus on strategic resources and agricultural inputs. This initiative signals a major shift in federal energy policy with profound implications for the mining sector, particularly in uranium, copper, and critical minerals.

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Almonty kicks off processing at Sangdong tungsten mine

Almonty Industries has officially commenced processing plant throughput operations at its Sangdong tungsten mine in South Korea, marking a critical transition from mine development to revenue-generating production. This milestone, announced on July 2, 2026, positions Sangdong, a historically significant tungsten producer, to re-emerge as a major Western supplier amid a robust tungsten pricing environment and increasing global demand for critical minerals. The operation is set to leverage a substantial ore stockpile and a modern processing facility to produce high-purity tungsten concentrate, with a projected mine life exceeding 45 years and the potential to supply 40% of the world's tungsten demand outside China.

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US uranium revival gains traction as output triples

The United States uranium mining sector experienced a significant resurgence in 2025, with production more than tripling to 2.1 million pounds of uranium oxide (U3O8), marking its highest level in nearly a decade. This revival is underpinned by robust government support, increasing spot prices, and rising demand driven by the expansion of nuclear energy and data center power requirements. Key indicators such as exploration drilling, development activities, and expenditures also saw substantial gains, signaling a potent recovery for domestic uranium supply.

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Canada commits $352M to Red Chris mine expansion in British Columbia

The Canadian government has pledged C$500 million ($352 million) in financial backing for the Red Chris Block Cave expansion in British Columbia, signaling a strategic push to accelerate major mining projects. This significant investment aims to bolster Canada's annual copper production by over 15%, while also supporting critical mineral demand for clean energy and reducing the project's greenhouse gas emissions by more than 70%. The move comes as Newmont, the majority owner and operator, advances the project towards a final investment decision, following recent crucial regulatory approvals.

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Secretary Wright Applauds End of New Federal Wind and Solar Subsidies

U.S. Secretary of Energy Chris Wright announced the cessation of federal tax credit subsidies for new wind and solar projects not yet under construction, effective July 4, 2026. This policy shift, enacted through the Working Families Tax Cut, concludes over three decades of federal support for these renewable energy technologies, which accounted for approximately three percent of U.S. primary energy consumption in 2025. The decision highlights concerns over land usage, material intensity, transmission infrastructure needs, and the intermittency of wind and solar, signaling a potential redirection in U.S. energy policy with significant implications for the mining sector.

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Metalsource Mining expands Silver Hill project in North Carolina

Metalsource Mining has significantly expanded its land holdings at the Silver Hill project in Davidson County, North Carolina, through the acquisition of an additional 141 acres, bringing its total consolidated land position to approximately 1,300 acres. This strategic move, announced on July 3, 2026, aims to broaden the company’s exploration efforts along strike and down dip of known mineralization, supporting its objective of assessing the district-scale potential of the historic mine area. With pending assay results and plans to accelerate drilling with an additional rig, Metalsource Mining is intensifying its focus on defining the full extent of the Silver Hill system.

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BHP agrees to sell San Manuel property to Faraday Copper

BHP has reached a definitive agreement to sell its San Manuel copper property in Arizona, USA, to Faraday Copper, a move set to close by September 30, 2026. This strategic transaction will grant BHP a significant 30% fully diluted equity interest in Faraday, along with critical shareholder and offtake rights, positioning Faraday to consolidate San Manuel with its adjacent Copper Creek project into a major combined operation supporting domestic US copper supply.

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Government of Canada to provide $352m for Red Chris project

The Government of Canada has announced a significant C$500 million (approximately US$352.2 million) investment to advance the Red Chris Block Cave copper-gold project in British Columbia. This federal funding, provided through the Canada-British Columbia Co-operative Prosperity Agreement, is crucial for moving the joint venture — operated by Newmont (70%) with Imperial Metals (30%) — towards a final investment decision, potentially extending the mine's life by 14 years and creating thousands of jobs. The project, located in the geologically rich Golden Triangle, represents a strategic commitment to Canada's critical minerals sector and robust Indigenous partnerships.

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Energy Secretary Secures Carolinas’ Grid Amid Period of Hot Weather

<p></p> <p>The U.S. Department of Energy (DOE) issued an emergency order on July 2, 2026, authorizing Duke Energy to temporarily override environmental regulations and maximize power output from specified units in the Carolinas. This measure, effective until July 6, 2026, aims to stabilize the regional grid and prevent blackouts amidst unusually high temperatures and burgeoning electricity demand. The decision underscores critical debates around energy reliability, the flexibility of regulatory frameworks, and the foundational role of the mining industry in securing essential power infrastructure.</p> <p>

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Newcore Gold hits above-reserve grade at Nyam deposit

Newcore Gold has reported high-grade gold intercepts at depth from its Nyam deposit, part of the Enchi project in Ghana, signaling potential for significant resource growth. These drill results, occurring below the existing reserve pits and exceeding current reserve grades, underscore the project’s capacity for a larger, higher-grade operation than currently outlined in its recent Pre-Feasibility Study. This development arrives as analysts highlight the uncaptured upside of the Enchi project, particularly through deeper CIL processing, with continued exploration expected to bolster its economic profile and extend its mine life.

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BHP seeks to restart Cerro Colorado mine with $1.5B investment

BHP has initiated the process to restart its Cerro Colorado copper mine in Chile, proposing a significant $1.5 billion investment to extend its operational life by 20 years. This strategic move, announced on July 2, 2026, involves applying for a new environmental permit and pivoting to innovative water solutions, including the use of treated wastewater delivered via a 100 km pipeline, addressing the mine's closure in late 2023 due to water permit denials. The restart signifies BHP's commitment to its Chilean portfolio and long-term copper production amidst evolving regulatory landscapes and increasing demand for sustainable mining practices.

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Boliden in talks to buy Votorantim’s controlling stake in Nexa

Boliden is in advanced discussions to acquire a controlling stake in Nexa Resources from Brazilian conglomerate Votorantim, a move that could significantly reshape the global zinc and base metals landscape. This potential transaction, valued by Votorantim at approximately 7 billion reais ($1.4 billion), would substantially broaden Boliden's operational footprint and diversify its base metals exposure across Latin America, cementing its position as a leading global producer. Both companies confirmed the confidential talks, though cautioned that a deal's certainty remains unassured, sparking considerable interest among investors and industry analysts.

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U.S. Department of Energy Meets President Trump’s Goal, Delivers Third Advanced Reactor Criticality

<p> The U.S. Department of Energy has successfully met President Trump’s executive order, achieving criticality in three advanced microreactors—Deployable Energy’s Unity, Antares Nuclear’s Mark-0, and Valar Atomics’ Ward 250—before the July 4, 2026 deadline. This unprecedented milestone, marking the first time a nation has brought three unique advanced microreactor designs to criticality in a single month, signals a significant rebirth of nuclear energy innovation in the United States and holds profound implications for national energy security and the mining sector's future. </p> <p>

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First Mining Gold secures EA approval for Springpole project

First Mining Gold has secured critical environmental assessment approval from the Canadian government for its Springpole Gold Project in north-west Ontario, following a comprehensive review process initiated in 2018. This federal "Decision Statement" allows the company to advance one of Canada's largest undeveloped gold resources, located 110km north-east of Red Lake, under strict conditions for environmental management and community engagement. The approval is anticipated to be a significant economic catalyst for the region, paving the way for further engineering work and eventual construction.

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Rincon Resources to sell 90% of Lyza Mining to Maverick

Rincon Resources has entered a binding agreement to divest 90% of its interest in Lyza Mining, which holds the West Arunta Project tenements in Western Australia, to Maverick Minerals Australia. This strategic transaction, valued at an upfront A$600,000 with additional deferred payments, allows Rincon to secure capital and retain a free-carried 10% joint venture interest while significantly reducing its exploration funding requirements. The move enables Rincon to reallocate resources towards its other core projects, particularly the Telfer South Gold-Copper Project, underscoring a trend of strategic portfolio optimization within the junior exploration sector.

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Can Brazil become a key rare earth supplier for the West?

Brazil is rapidly emerging as a pivotal contender in the global rare earth supply chain, with its vast resource base and advanced ionic clay deposits offering a strategic alternative to Chinese dominance. Insights from the "Energy Technology" podcast, featuring industry leaders and analysts, highlight the nation's geological advantages, the critical role of magnet rare earths for Western economies, and the significant challenges surrounding financing, permitting, and downstream processing that will determine its success in a competitive international market.

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Energy Secretary Secures Mid-Atlantic Grid Ahead of Period of Hot Weather

The U.S. Department of Energy (DOE) issued two emergency orders on June 30, 2026, to stabilize the Mid-Atlantic power grid and avert potential blackouts stemming from anticipated record-breaking peak electricity demand fueled by severe hot weather. These directives, targeting PJM Interconnection, LLC, involve dispatching specific generation units and activating backup resources, highlighting the critical need for grid reliability and resilient energy infrastructure across the nation. For the mining sector, these developments underscore the ongoing pressures on power supply, the imperative for stable energy costs, and the growing demand for raw materials essential for grid modernization and energy security initiatives.

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The UK’s lithium moment: new issue of MINE out now!

The latest issue of <em>MINE</em> digital magazine, published on June 30, 2026, by Alejandro Gonzalez, centers on the dynamic lithium sector, exploring its crossroads after a decade of rapid growth. This comprehensive edition delves into the UK’s potential for a domestic lithium industry, direct lithium extraction advancements in the US, and the critical role of decarbonization technologies and cybersecurity in mining. Additionally, a dedicated Australia supplement provides in-depth analysis on metallurgical coal, uranium expansion, and innovative lithium production in the region, offering vital insights for mining industry professionals navigating evolving global commodity markets and strategic priorities.

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South32 agrees conditional $5.6bn aluminium asset sale to Alcoa

South32 has signed a conditional agreement to divest its aluminium value chain assets to Alcoa for an implied enterprise value of up to $5.6 billion, marking a significant strategic realignment for both companies. The transaction, encompassing major bauxite, alumina, and aluminium smelting operations across Australia, South Africa, and Brazil, will see South32 shed its exposure to the aluminium sector to focus on base and precious metals, while Alcoa substantially expands its integrated Bauxite-to-Aluminum portfolio globally. The complex deal involves upfront cash, Alcoa shares, assumed debt, and contingent payments, subject to numerous shareholder and regulatory approvals.

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pH7 Technologies secures funding for copper cathode production

<p><strong></strong></p> <p>In a significant development for sustainable mining, pH7 Technologies has secured up to C$5 million (US$3.51 million) from Natural Resources Canada to pilot its innovative closed-loop copper extraction technology at the Gibraltar Mine in British Columbia. Announced on July 1, 2026, this initiative aims to produce 99.9% pure copper cathodes directly from low-grade sulphide ores on-site, with green hydrogen generated as a valuable by-product. The project is poised to generate crucial data to inform future expansion, enhance critical mineral supply chains, and significantly contribute to the decarbonization of the Canadian mining sector.</p> <p><strong>

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Hancock starts production at $579m McPhee Creek mine

<p class="summary">Hancock Iron Ore has successfully commenced production at its A$840 million ($579 million) McPhee Creek mine in Western Australia's Pilbara region, overcoming regulatory delays to deliver its first ore after nearly 19 months of development. This significant milestone for the Australian mining giant, led by executive chairman Mrs. Gina Rinehart AO, underscores the continued investment and strategic importance of the Pilbara in the global iron ore market, integrating new production with existing infrastructure at the Roy Hill facility.</p>

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Rethinking slurry pump sealing: design, integration, and total cost of ownership

<p><strong></strong></p> <p>The global mining industry is under increasing pressure to balance operational efficiency and sustainability, driving a critical re-evaluation of fundamental operational components like slurry pump sealing. Published on June 29, 2026, this analysis highlights a significant shift from conventional, flush-water-dependent seals to integrated mechanical seals, which promise substantial reductions in water consumption and maintenance costs.</p> <p>This strategic move, exemplified by KSB's innovative LAPIS slurry seal designed for GIW® slurry pumps, signals a future where engineered integration is key to lowering total cost of ownership (TCO) and enhancing overall operational reliability.</p> <p><strong>

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Orvana secures Evelina claims to expand Taguas Project footprint

Orvana Minerals has significantly expanded its influence in Argentina's prospective San Juan Province, increasing the footprint of its Taguas Project by 123% through the acquisition of the 4,015-hectare Evelina claims. This strategic move, valued at $1.2 million (C$1.7 million) from a Pan American Silver subsidiary, consolidates a continuous land package within a highly prospective metallogenic belt, enhancing geological optionality as Orvana advances its understanding of a deep porphyry system at Taguas. The expansion aligns with ongoing intensive exploration efforts, including recent deep drilling that has intersected encouraging porphyry alteration and mineralization.

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Second gold doré bar poured at Pacgold’s White Dam project

<p></p> <p>Pacgold has announced its second gold doré pour, weighing 97oz, from the White Dam Gold Project in South Australia's Olary Province, signaling significant operational ramp-up and cash flow generation. Concurrently, the company is accelerating development plans for the Vertigo prospect, targeting an earlier restart of mining operations by late 2026, supported by extensive drilling and engineering work to expand resources and optimize production pathways. These advancements, coupled with ongoing heap leach pad expansion initiatives, underscore Pacgold's strategic push to enhance output and capitalize on its asset base.</p> <p>

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Legacy Minerals begins geophysical surveys at Mt Carrington in NSW

<p></p> <p>Legacy Minerals has initiated significant ground geophysical surveys at its Mt Carrington Project in New South Wales, Australia, focusing on the Battery and Mascotte prospects. This dipole-dipole induced polarisation (DDIP) survey, conducted by Fender Geophysics, aims to delineate extensions to high-grade gold, silver, and copper mineralisation identified in previous drilling campaigns. The data gathered is critical for refining geological models and designing subsequent targeted drilling programs, advancing the project towards a new 2026 Mineral Resource Estimate and an upcoming scoping study.</p> <p>

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i-80 Gold to terminate gold offtake deal with Vox Royalty

i-80 Gold has reached a definitive agreement with Vox Royalty to terminate a significant gold offtake agreement, freeing the company from obligations to sell 40,000 ounces of gold annually. The settlement involves i-80 Gold issuing 3,453,237 shares to Vox, valued at $4.8 million, a move expected to provide i-80 Gold with enhanced flexibility in managing future gold sales from its Nevada projects. This strategic divestment further strengthens i-80 Gold's position as an emerging gold producer, giving it greater control over its precious metals output and market exposure.

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Energy Department Analysis Finds Proposed International Building Codes Would Cost Americans $9.2 Billion Annually

The U.S. Department of Energy (DOE) recently released an analysis on June 26, 2026, indicating that nationwide adoption of the 2024 International Energy Conservation Code (IECC) would lead to significant increases in housing construction costs, totaling over $9.2 billion annually. This regulatory shift, described by the DOE as "Green New Scam mandates," could add up to $14,000 to the cost of a new single-family home and presents substantial implications for the construction sector and, by extension, the demand for mined materials. The DOE has urged the International Code Council (ICC) to reconsider these provisions, emphasizing affordability and consumer choice.

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Mining equipment hiring in APAC: Who’s building, and will the order books catch up?

New analysis indicates a significant surge in mining equipment hiring across the Asia-Pacific (APAC) region, with active job postings up 30% year-over-year as of June 25, 2026. This pronounced increase serves as a critical early warning system for market shifts, signaling robust demand, evolving operational capacities, and intensifying competition within the sector, prompting industry leaders to reassess investment strategies and supply chain resilience.

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Silverco Mining mobilises contractors at Cusi site in Mexico

Silverco Mining has announced the mobilization of two experienced local contractors, Mafrissa and Rencer, for underground development and production mining activities at its wholly owned Cusi Silver Complex in Chihuahua, Mexico. This critical step marks an important milestone in the mine's restart plan, with first ore from the Promontorio zone expected in late Q3 2026 and initial concentrate production projected for Q4 2026, positioning Silverco to operate two producing silver mines in Mexico by year-end.

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K2 Gold begins drilling campaign at Mojave Project in California

K2 Gold has commenced its 2026 exploration and drilling campaign at the wholly owned Mojave Project in Inyo County, California, marking a significant milestone for the company. Following federal environmental approval, the program plans for a minimum of 5,650 meters of drilling, initially focusing on the high-priority Dragonfly Zone and later extending to the Newmont Zone. This substantial exploration effort, backed by a $9.8 million budget, aims to expand known gold mineralization across a 4-kilometer strike length, signaling a major push in a historic US gold-producing region.

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Trump Administration Keeps Coal-Fired Power Generation Alive in Colorado

U.S. Secretary of Energy Chris Wright has issued an emergency order to keep Craig Unit 1, a coal-fired power plant in Colorado, operational through September 26, 2026, citing critical grid reliability concerns. This marks the third such directive, reversing a planned shutdown and highlighting a broader federal effort under the Trump administration to prevent the premature retirement of coal-fired generation across the nation, aimed at ensuring affordable and secure electricity access. The move underscores significant policy shifts impacting the U.S. energy landscape and the domestic thermal coal mining sector.

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Titan Mining unit wins EUL notices for two US Army sites

Titan Mining, through its subsidiary Empire State Mines, has secured pivotal Conditional Selection Notices from the US Army for Enhanced Use Lease opportunities at Pine Bluff Arsenal, Arkansas, and Anniston Army Depot, Alabama. This groundbreaking agreement marks the first major public-private partnership for critical mineral processing on American military bases, aiming to establish domestic production of purified micronised graphite (PMG) and coated spherical purified graphite (CSPG) to reduce the nation's reliance on foreign supply chains.

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Alliance Nickel starts vat leach test-work at NiWest project

Alliance Nickel has initiated crucial vat leach test-work on a bulk ore sample from its wholly owned NiWest Nickel-Cobalt Project in Western Australia. This strategic move aims to evaluate vat leaching as an alternative to the heap leaching process outlined in the 2024 Definitive Feasibility Study, potentially reducing significant capital expenditure, particularly the A$310 million allocated for water infrastructure, and offering notable metallurgical benefits. The results, expected in the third quarter of 2026, could significantly enhance NiWest's economic viability and development pathway.

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Star Minerals acquires gold project in Merredin, Western Australia

<p></p> <p>Star Minerals has significantly bolstered its gold exploration pipeline with the acquisition of the Merredin Project in Western Australia, a 219 square kilometer area strategically located near the Edna May gold processing plant. This low-cost acquisition, announced on June 26, 2026, positions Star Minerals to capitalize on the region’s strong geological prospectivity, as the company advances its portfolio of gold assets, including active mining operations at the Tumblegum South Gold Project.</p> <p>

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DOE Announces Travis Kavulla as Bonneville Power Administration Administrator

The U.S. Department of Energy (DOE) has announced Travis Kavulla as the new Administrator and CEO of the Bonneville Power Administration (BPA), effective with his swearing-in on June 29, 2026. This appointment signifies a strategic move to bolster energy infrastructure and grid reliability in the vital Pacific Northwest, a region crucial for various energy-intensive industries, including mining. Kavulla’s extensive experience is expected to further BPA’s mission of delivering affordable, reliable, and secure power, directly impacting operational stability and long-term investment prospects for mineral resource development.

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RCT tech helps historic mine navigate the transition to surface mining

<p></p> <p>In a significant development for Canadian mining, RCT, powered by Epiroc, has been instrumental in the successful transition of a historic, prominent Canadian nickel mine from underground to open pit operations. By implementing advanced agnostic automation, including AutoNav Tele on CAT heavy machinery and specialized safety systems like Geofence Zones, the project has not only enhanced operational safety amid the complexities of mining above old voids but also significantly improved operator comfort in extreme weather conditions. This initiative, completed last year, sets a precedent for modernizing brownfield sites and underscores the critical role of innovative technology in extending mine life and ensuring worker well-being in challenging environments.</p> <p>

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REalloys raises $100M via institutional placement

REalloys, a Euclid, Ohio-based company, has successfully secured $100 million through an institutional share placement, earmarking these funds for the development of its ambitious vertically integrated rare earth magnet supply chain. This strategic capital injection aims to establish domestic industrial independence for critical defense-grade materials, supported by upstream assets like Hoidas Lake and a significant 15-year offtake agreement for heavy rare earth concentrates from Greenland's Tanbreez project. The financing announcement closely precedes reports that REalloys may construct a rare earth separation facility at the Toole Army Depot in Utah, signalling robust US government support for critical mineral reshoring efforts despite a temporary dip in REalloys' stock price following the news.

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American Ocean Minerals finishes first offshore exploration mission in Cook Islands

American Ocean Minerals Corporation (AOMC) has successfully completed Expedition 7 in the Cook Islands, a critical research mission focused on environmental baseline studies and resource refinement for future deep-sea mineral exploration. This significant milestone, which involved comprehensive data collection using the refurbished MV <em>Anuanua Moana</em>, supports the company's ambition to transition polymetallic nodule assets from exploration to potential commercial harvesting. The expedition's findings are central to upcoming environmental impact statements and pre-feasibility studies, reinforcing AOMC's strategic partnership with Odyssey Marine Exploration and its commitment to responsible deep-sea resource development.

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U.S., Qatar, Nigeria, and Algeria Warn Proposed E.U. Methane Regulations Could Disrupt Europe's Oil and Gas Supply

<p></p> <p>In a rare joint intervention on June 24, 2026, the United States, Qatar, Nigeria, and Algeria issued a stark warning to European Union leaders, indicating that the proposed EU Methane Regulation (EUMR) could severely disrupt Europe's vital oil and natural gas supplies beginning in January 2027. The four nations, acting as Europe's largest energy suppliers, highlighted critical flaws in the regulation's measuring, reporting, and verification (MRV) requirements, urging immediate amendments to prevent significant negative supply and price impacts across the continent.</p> <p>

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Endurance Gold hits high-grade step-outs at Reliance project

Endurance Gold has reported significant high-grade gold intercepts from its 2026 drill program at the Reliance project in southern British Columbia, with results positioning mineralization outside the current inferred resource for potential future inclusion. These new findings, including 14.7 metres grading 7.67 grams gold per tonne, are crucial as the company progresses towards a Preliminary Economic Assessment this year, signaling a strategic shift from discovery to development at the promising Bridge River camp asset. The exploration success aims to upgrade and expand the existing 1.45 million ounce inferred resource, reinforcing Endurance's growth trajectory in the Canadian gold sector.

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World’s largest EV battery repurposing megafactory opens in British Columbia

Moment Energy has officially launched Megafactory 1 in Surrey, British Columbia, on June 24, 2026, marking it as the world’s largest electric vehicle (EV) battery repurposing facility. This innovative operation transforms retired EV batteries into essential energy storage systems, aiming to produce 1 GWh by 2030 and address critical electricity demand surge from AI, data centers, and grid modernization, while simultaneously creating new jobs and bolstering North America's domestic manufacturing capacity.

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US DOE funds MIT drill core tech to speed up critical minerals discovery

The U.S. Department of Energy’s ARPA-E has awarded funding to a consortium led by Fieldstone Bio, in partnership with TerraCore and MIT, to develop a rapid, field-deployable technology for characterizing critical minerals in drill cores. This innovative system utilizes engineered microbial sensors and hyperspectral imaging to deliver quantitative mineral data in hours rather than weeks, promising to significantly accelerate domestic critical mineral discovery and enhance exploration efficiency across the mining industry.

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Department of Energy Announces American Nuclear Supply Chain Loans

The U.S. Department of Energy (DOE) has announced a conditional loan commitment of $17.5 billion through its Office of Energy Dominance Financing (EDF) to revitalize America's commercial nuclear supply chain. This substantial financing aims to accelerate the deployment of 10 new large-scale Westinghouse AP1000® reactors by up to three years, targeting an additional 11 GW of clean electricity and prompting significant implications for the domestic uranium mining sector. The initiative underscores a strategic push for U.S. energy independence and the rebuilding of critical manufacturing capabilities.

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Deutsche Bank cuts Q3 gold price target by 22%

Deutsche Bank has significantly revised its near-term gold price targets, cutting its third-quarter 2026 forecast by 22% to $4,300 per ounce, citing Federal Reserve policy repricing and resilient U.S. economic data. While still projecting price increases above current levels by year-end, the adjustment reflects growing macroeconomic headwinds, impacting market sentiment and strategic planning across the global mining industry.

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Aclara Resources gets environmental OK for Chile rare earths project

Aclara Resources has secured the final environmental approval for its Penco Module rare earths project in Chile, a significant milestone after more than four years of permitting bureaucracy. This development positions Aclara to become a key player in establishing a Western vertical rare earth supply chain, with the project projected to produce 774 tonnes of rare earth oxides annually over 14 years. The company now aims to finalize permitting and begin construction in early 2027, highlighting the broader need for governmental coordination to capitalize on critical minerals demand in Latin America.

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Jindalee Lithium inks stewardship MoU for McDermitt project

<p></p> <p>Jindalee Lithium, through its 100%-owned U.S. subsidiary HiTech Minerals, has signed a Memorandum of Understanding with the nonprofit organization RESOLVE. This agreement aims to explore the establishment of a voluntary Stewardship Area in the broader Oregon-Nevada caldera region, focusing on improved environmental outcomes alongside responsible lithium development at the McDermitt project. The initiative underscores a growing industry trend towards integrating environmental stewardship and community engagement into critical minerals project advancement, especially as Jindalee prepares to spin out its U.S. lithium assets into a new Nasdaq-listed company called US Elemental.</p> <p>

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Masan looks to foreign investors with tungsten mine growth

<p><strong></strong></p> <p>Masan High-Tech Materials (MHT), Vietnam's leading producer, has unveiled plans to significantly expand its Nui Phao mine and Nui Chiem site, potentially adding 115 million tonnes of tungsten-polymetallic resources and extending operations for decades. This strategic move, announced amidst global demand for critical minerals and tightening non-China supply, is closely linked with Masan Group's efforts to attract international investors through a potential stake sale and aims to bolster Vietnam's position in the global tungsten market while enhancing MHT's corporate profile.</p> <p><strong>

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Generation Mining secures $141m loan for Marathon project

Generation Mining has secured a significant C$200 million ($141 million) debt commitment from the Canada Infrastructure Bank (CIB) for its Marathon Copper-Palladium Project in north-western Ontario. This funding, comprising a C$110 million subordinated debt facility and a C$90 million standby facility, is a crucial component of the project's C$969 million financing plan, underscoring its strategic importance as Canada's first CIB critical minerals investment in Ontario. The project aims to become a key North American producer of copper and palladium, vital metals for the global energy transition, with construction anticipated to commence in the latter half of 2026.

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Anglo Asian Mining appoints Worley for Azerbaijan feasibility studies

Anglo Asian Mining has formally appointed Worley Europe to conduct comprehensive feasibility studies for its Xarxar and Garadag copper deposits in Azerbaijan, aiming for completion by mid-2027 and H1 2028, respectively. This pivotal move signifies Anglo Asian's strategic intent to establish on-site copper metal production through advanced processing methods, marking a significant step towards becoming a mid-tier, multi-asset copper and gold producer and potentially the first such operation in Azerbaijan. The initiative is supported by an extensive 90,000-meter drilling program for 2026-2027, underpinning resource updates and project design.

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enCore Energy gets BLM approval for Dewey Burdock infrastructure

enCore Energy has received final approval from the Bureau of Land Management (BLM) for initial infrastructure construction at its 100%-owned Dewey Burdock Uranium in-situ recovery (ISR) project in South Dakota. This significant milestone, following a thorough Environmental Assessment, allows for the development of essential access roads, four groundwater monitoring wells, and power lines across approximately 240 acres of public land. The project, utilizing environmentally sensitive ISR methods, is integrated into the federal "Fast 41 programme" to expedite critical mineral development, underscoring its strategic importance for bolstering domestic US uranium production.

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Silver Storm secures permits for La Parrilla mine drilling

Silver Storm Mining has recently secured crucial drilling and operational permits from Mexico's federal agency SEMARNAT for its wholly owned La Parrilla Silver Mine Complex in Durango State. These approvals enable an extensive 2026 exploration program targeting resource expansion and upgrades at the C340 and 14 Marcos areas, involving approximately 6,600 meters of surface drilling. Additionally, the company received a ten-year extension for its tailings storage facility, a vital permit ensuring the continued environmental compliance and operational stability of the past-producing asset.

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Barminco secures $192m contract for Barrick’s Fourmile Project

Barminco, the underground mining division of Perenti, has secured a substantial A$275 million (US$192 million) contract to provide comprehensive mining services at Barrick Mining’s wholly-owned Fourmile Project in Nevada, USA. Commencing operations in July 2026 for a 45-month term, the agreement underscores Perenti's strategic expansion in North America's vital hard-rock underground mining market and solidifies Barminco's critical role in advancing a key Barrick gold asset adjacent to the significant Goldrush Project.

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The Department of Energy Applauds FERC’s Action on Large Load Interconnection Reform

The U.S. Department of Energy (DOE) has lauded the Federal Energy Regulatory Commission's (FERC) recent directive, issued on June 18, 2026, compelling the six regional grid operators to reform or justify their interconnection tariffs for data centers and other large energy users. This significant action, initiated at the direction of U.S. Secretary of Energy Chris Wright, aims to accelerate the provision of power essential for American innovation, national security, and economic growth, while safeguarding ratepayers against unjust cost shifts. For the mining industry, a major electricity consumer, these reforms promise swifter project development, more predictable operating costs, and enhanced energy reliability crucial for meeting escalating domestic and global mineral demands.

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Nuclear energy hiring is slowing in North America – but leaders can see where capacity and risk are shifting

<p></p> <p>While North America's nuclear energy sector appears to be experiencing a headline slowdown in overall hiring, detailed workforce analytics reveal a nuanced picture where pure-play nuclear operators are strategically expanding their capacity. Data from June 2025 to May 2026 indicates a shift from broad sector growth to a more focused build-out among companies with significant nuclear exposure, while services and engineering firms are retracting. This targeted expansion, particularly evident in operational and compliance-related roles, holds significant implications for the long-term demand for uranium and the broader mining industry.</p> <p>

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BHP raises Jansen stage two cost estimate to $6.9bn after review

BHP has significantly revised its investment estimate for Stage Two of the Jansen potash project in Canada, increasing it by $2 billion to $6.9 billion, a substantial jump from the initial $4.9 billion forecast. This cost escalation is accompanied by a two-year delay, pushing the expected first production from this stage to late financial year 2031, with the company attributing the changes to higher construction hours, material quantities, and inflationary pressures identified during a detailed review. Despite these adjustments, BHP maintains its long-term output forecast for Jansen and underscores the project's strategic importance in diversifying its portfolio into future-facing commodities.

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Goldgroup begins 24,000m of drilling at San Francisco project

Goldgroup Mining has commenced a significant 24,000-meter diamond core drilling program at its wholly owned San Francisco gold project in Sonora, Mexico, marking the first new drilling at the site in several years. Funded by internal resources at an estimated budget of $8 million (C$11.33 million), this exhaustive campaign aims to update the resource model, optimize the mine plan, and gather critical technical data in preparation for restarting gold production by late 2026 or early 2027. The project, already fully permitted with existing open pits and heap leach facilities, positions Goldgroup for a potentially rapid and cost-effective re-entry into production, leveraging a strong gold market and the prospect of significant resource expansion.

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