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Silver Mining News

51 articles about silver mining

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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Op-Ed: what the Scope Systems cyber attack reveals about mining’s digital fragility

The recent ransomware attack on Scope Systems, a key enterprise resource planning (ERP) software provider for the mining sector, has exposed significant digital vulnerabilities across dozens of mostly Australian mining companies. This incident, described as the "broadest-reaching cyber event" for the industry by the Mining and Metals ISAC (MM-ISAC), underscores the escalating threat landscape and the critical risks associated with third-party technology dependencies. It highlights the urgent need for enhanced cybersecurity protocols and greater transparency in an era of rapid digital transformation within mineral extraction.

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Mining’s nuclear reality check: SMRs are still not on miners’ shopping lists

Despite the theoretical alignment of small modular reactors (SMRs) with the power needs of remote, off-grid mining operations, a recent industry survey indicates that mining companies are not prioritizing nuclear technology. While SMRs offer firm, low-carbon electricity, the complexities of licensing, financing, and long-term liabilities currently place them well behind conventional renewables and energy storage on miners’ investment lists. This article explores the current reluctance, the distinct appeal, and broader utility-led initiatives that may eventually bring nuclear power to mining regions.

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Trinity Metals doubles US tungsten concentrate supply to 20%

Rwanda's Trinity Metals has announced a substantial increase in its tungsten concentrate exports to the United States, now accounting for up to 20% of America's primary tungsten consumption. This strategic uplift, driven by a 2025 agreement with Global Tungsten & Powders and an offtake partner Traxys, underscores a growing industry shift towards diversified, traceable supply chains for critical minerals, particularly as demand for defense and industrial applications rises and global supply dynamics evolve.

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Alamos expects lower Q2 output on Young-Davidson mine disruptions

Alamos Gold is forecasting lower gold production for the second quarter of 2026, primarily due to operational disruptions at its Young-Davidson mine in northern Ontario. The mine experienced two seismic events limiting access to high-grade stopes, coupled with a three-day power outage, impacting output by an expected 12% and raising costs. Despite these setbacks, Alamos anticipates stronger production in the latter half of the year, bolstered by strong performance and ramp-up activities at its Island Gold and Magino operations.

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