USA Rare Earth, through its UK-based subsidiary Less Common Metals (LCM), has announced the commercial production of 99-99.5% pure yttrium metal at its facility in Cheshire. This achievement positions the company as one of the few non-Chinese producers of this critical rare earth metal, which is essential for high-performance applications in aerospace, defense, electronics, and energy systems. The development is a significant step in USA Rare Earth’s strategy to build an integrated, Western-aligned rare earth supply chain from mining to magnet manufacturing, reinforcing national security and technological independence.
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<p>In a significant development for the global mining technology sector, UK-based MMD Group has announced its acquisition of the intellectual property rights for TraxIQ from Anglo American. This strategic move, reported on April 16, 2026, positions MMD to industrialize, commercialize, and deploy TraxIQ, a comprehensive and scalable material handling solution featuring modular vehicle structures, advanced energy management, and autonomous control systems. The acquisition underscores the mining industry’s increasing focus on innovation to enhance productivity, reduce emissions, and lower operational costs amidst rising demand for critical minerals.</p>
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<p>Tocvan Ventures is significantly accelerating development at its Gran Pilar Gold-Silver Project in Sonora, Mexico, by deploying heavy machinery, including a dozer, excavator, and haul truck. This strategic move aims to expedite trenching, road construction, and pilot-scale material handling as part of a fully funded 20,000-meter drilling program. With ongoing drilling success and promising bulk sampling results, Tocvan is poised to advance rapidly towards a maiden resource estimate and potential near-term pilot production, de-risking the project for stakeholders.</p>
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SAGA Metals has strategically expanded its critical minerals portfolio by agreeing to acquire Catalyst Rare Metals, gaining full ownership of the royalty-free Wolverine rare earth element (REE) project in Canada. This acquisition, announced on April 15, 2026, positions SAGA to develop a high-potential heavy rare earth asset in a Tier-1 jurisdiction, directly supporting North American supply security for the clean-energy transition and defense industries. The Wolverine project, covering 230.5 km² in Labrador, has shown promising near-surface REE mineralization with significant heavy rare earth enrichment, driving SAGA's plans for a 2026 exploration program aimed at a maiden NI 43-101 compliant resource estimate.
The global aluminium industry is witnessing a significant pivot towards advanced robotics and automation, driven by escalating demand, tightening supply chains, and the inherent hazards of traditional smelting operations. This strategic shift aims to enhance safety, improve operational consistency, and build resilience against disruptions, with key players like AlumatIQ and Autoa Robot Welding spearheading innovative solutions for the notoriously dangerous potroom environment. Market forecasts indicate substantial growth in the smelt robot sector, underlining the industry's commitment to leveraging technology for a more efficient and secure future.
Red Mountain Mining is relaunching antimony exploration across its US projects, including Thompson Falls in Montana-Idaho and Yellow Pine and Silver Dollar in Idaho, capitalizing on favorable weather conditions. This strategic move aims to define significant antimony resources, with initial rock chip analysis from Thompson Falls showing up to 36.5% antimony, and is supported by new advisory appointments and expedited environmental approvals. The initiative aligns with US government efforts to secure domestic critical mineral supplies, particularly antimony, reducing reliance on foreign sources.
Neo Performance Materials has successfully initiated production of heavy rare earth elements, specifically separated terbium and dysprosium oxides, at its Silmet facility in Estonia, marking a significant step in establishing a secure, Europe-based supply chain for critical materials. This development complements the company's existing rare earth magnet manufacturing plant in Narva, Estonia, which is Europe's first mass producer of sintered magnets, further reinforcing Neo's strategy for a vertically integrated rare earth magnetics value chain within the continent. The output from both facilities is crucial for high-performance magnets used in electric vehicles, wind turbines, and advanced robotics, addressing Europe's strategic objectives for supply chain diversification and critical mineral independence.
Paramount Gold Nevada has initiated an Initial Assessment (IA) at its past-producing Sleeper Gold Project in Humboldt County, Nevada, a crucial step in evaluating its economic potential under SEC S-K 1300 regulations. This assessment, conducted by SLR International, will focus on a staged, cost-effective development strategy primarily targeting approximately 54 million tonnes of heap-leachable material. The move aims to unlock significant value in a well-established mining jurisdiction amidst a favorable gold price environment, while the company concurrently advances its Grassy Mountain Project.
G Mining Ventures (GMIN) is set to acquire G2 Goldfields in a strategic transaction that will merge their adjacent Oko West and Oko-Ghanie gold projects in Guyana. This consolidation is projected to create a significant Tier-1 gold operation capable of producing over 500,000 ounces of gold annually, leveraging shared infrastructure for substantial cost synergies. The deal, expected to close by Q2 2026, positions GMIN to accelerate development in the prolific Guiana Shield and enhance its standing as a major gold producer.
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<p>Bullion Gold Resources has announced the successful conclusion of its diamond drilling program at the fully owned Langlade project in Quebec’s Senneterre area. The 1,771-meter campaign across 11 drill holes yielded encouraging visual observations, including chalcopyrite and sphalerite mineralization alongside significant scapolite alteration, indicators often linked to large-scale gold, silver, copper, and zinc deposits. Assay results, crucial for verifying metal grades and guiding future exploration, are anticipated next month, marking a significant step in understanding the Langlade project's substantial mineral potential.</p>
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The U.S. Department of Energy has issued a conditional commitment for a $263 million loan to SHINE Chrysalis, LLC, for a high-volume medical isotope production facility in Janesville, Wisconsin. This strategic investment aims to establish the nation's sole domestic commercial supply of molybdenum-99 (Mo-99), a critical isotope for millions of diagnostic imaging and cancer treatment procedures, thereby enhancing national energy dominance, medical supply chain security, and a robust nuclear workforce.
G Mining Ventures has agreed to acquire G2 Goldfields in an all-share transaction valued at C$3 billion ($2.2 billion), consolidating two adjacent gold projects, Oko West and Oko-Ghanie, into a single, district-scale operation in Guyana's Guiana Shield. This strategic move is expected to create an intermediate gold producer capable of delivering over 500,000 ounces of gold annually, leveraging significant operational and capital synergies. The deal underscores a broader consolidation trend in the region as companies seek to build larger, more capital-efficient mining complexes.
NioCorp Developments has solidified its pathway to full project financing for its critical Elk Creek project in Nebraska by signing a non-binding agreement with commodity trader Traxys. This landmark deal positions Traxys as the exclusive off-taker and marketing partner for the majority of Elk Creek's planned output for an initial 10-year term, covering 100% of ferroniobium, scandium, titanium dioxide, and rare earth elements, alongside a crucial equity investment of up to $30 million. The agreement is expected to address key diligence items for NioCorp's pursuit of up to $800 million in debt financing from the U.S. Export-Import Bank, significantly advancing a critical domestic source for strategic minerals previously dependent on foreign supply.
California's aggressive energy policies have led to the highest electricity and gasoline prices in the nation, crippling residents and industries while tripling the state's reliance on often volatile foreign oil imports. A recent federal intervention, led by President Trump and U.S. Secretary of Energy Chris Wright, has mandated Sable Offshore Corp. to resume operations of the Santa Ynez Unit and its associated pipeline, significantly boosting California's domestic oil production by 15 percent and replacing vital foreign crude supplies. This strategic move aims to enhance national energy security and mitigate the economic vulnerabilities created by restrictive state policies.
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<p>Mayfair Gold has significantly expanded its land holdings near its Fenn-Gib Gold Project in Timmins, Ontario, through the acquisition of three properties—Guibord, Marriott, and Holloway—from Plato Gold for C$2.5 million. This strategic move, announced on April 6, 2026, consolidates Mayfair’s position along the highly prospective Porcupine-Destor Fault Zone within the renowned Abitibi Greenstone belt, promising enhanced exploration leverage and critical infrastructure access for the proposed Fenn-Gib mine.</p>
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Germanium Mining has successfully concluded the initial phase of a non-brokered private placement, securing critical early-stage financing for its 2026 exploration initiatives at the fully owned Lac Du Km 35 property in Québec, Canada. This funding is poised to advance a systematic exploration program, including detailed airborne geophysical surveys and permit applications for drilling, aiming to identify and de-risk potential germanium resources essential for North America's strategic supply chain. The project targets an area known for a notable germanium showing and significant geological structures that could host further mineralization.
REalloys and U.S. Critical Materials (USCM) have signed a non-binding Memorandum of Understanding (MoU) for REalloys to obtain up to 10% of the heavy rare earth production from USCM's high-grade Sheep Creek project in Montana. This strategic partnership aims to establish a crucial domestic supply chain for critical minerals, including dysprosium, terbium, yttrium, and gallium, vital for U.S. strategic defense stockpiles and advanced technology applications, ahead of anticipated restrictions on Chinese rare earth procurement in 2027. The agreement underscores a significant step towards bolstering American critical mineral sovereignty and reducing reliance on foreign adversaries.
Zacatecas Silver has commenced its 2026 diamond drilling program at the high-potential El Cristo Project within Mexico’s historic Zacatecas Mining District. The initial hole, completed by Major Drilling Mexico, successfully intersected a mineralized brecciated structure featuring visible sulfides such as galena and sphalerite, validating the company's targeting strategy. This early success signals promising potential for high-grade silver and base metal mineralization in a region renowned for its rich epithermal deposits.
Canadian critical metals processor pH7 Technologies is expanding its Vancouver facility with C$4 million in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). This investment will accelerate the scale-up of pH7's proprietary organo-electrochemical technology for recovering platinum group metals (PGMs) from secondary materials and, critically, for unlocking difficult sulfide ores in primary mining applications without toxic reagents or tailings wastewater. The move positions Canada at the forefront of sustainable critical mineral development, addressing both environmental challenges and global supply chain demands.
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<p>KGL Resources has secured a pivotal A$300 million precious metals purchase agreement (PMPA) with Wheaton Precious Metals International, earmarking funds for the construction and development of its Jervois Copper Project in Australia’s Northern Territory. This strategic financing, which includes a $275 million upfront stream payment and a $25 million cost overrun facility, marks Wheaton's inaugural streaming deal in Australia and positions KGL to become a significant copper producer with all necessary permits already in place.</p>
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Lotus Resources has secured a crucial confirmation from Orano Chimie-Enrichissement (Orano CE) for the acceptance of uranium ore concentrate from its Kayelekera project in Malawi at the Malvesi conversion facility in France. This pivotal development, following extensive qualification efforts, positions Lotus as a forthcoming global uranium supplier, with aims to reach full production capacity by the second quarter of 2026. The agreement facilitates initial shipments and provides strategic flexibility for Lotus in navigating global uranium markets and supply chains.
Questcorp Mining and Riverside Resources have initiated Phase 2 exploration at the La Union Project in Sonora, Mexico, following encouraging results from a 12-hole Phase 1 drill program earlier in 2026. This next phase focuses on refining existing high-priority targets and generating new prospects across the project's diverse mineralization styles, including high-grade gold-silver at Union Mine and a new sediment-hosted gold discovery at Luis Hill. The fully funded program aims to prepare for subsequent drilling later in 2026, building on the project's district-scale potential.
Santana Minerals has taken a significant step forward for its Bendigo-Ophir Gold Project in New Zealand, securing NZ$115 million ($65.8 million) worth of mining fleet build slots with Komatsu New Zealand. This critical agreement, which includes primary excavators and haul trucks under a leasing and support package, positions Santana as a prospective low-cost owner-operator, pending a crucial fast-track approval decision expected by October 2026. The move underscores the project's progression towards construction and future production, contingent on regulatory green light.
Agnico Eagle Mines is set to acquire significant ownership in junior explorer Cascadia Minerals through a C$5.02 million private placement and an additional C$2.6 million unit purchase, totaling C$7.62 million in investment. This strategic move, anticipated to close in April 2026, will grant Agnico Eagle a 14.21% non-diluted and 19.90% partially diluted stake in Cascadia, alongside an earn-in agreement for the Catch property in Yukon and a broader strategic exploration alliance in the Stikine Terrane, underscoring Agnico Eagle's commitment to expanding its gold exploration pipeline in Canada.
Lachlan Star has finalized its acquisition of the New Waverley Gold Project in Western Australia's highly prospective Norseman region, securing a 90% ownership stake from private prospector David Pascoe. The deal, which involved a A$150,000 cash payment and 12.5 million shares, positions Lachlan Star to commence a maiden diamond drilling program in the coming week. This strategic move aims to explore a largely un-drilled project area for high-grade gold mineralization leveraging recent geological refinements.
Metso has secured a substantial €100 million ($115.06 million) contract from Southern Peru Copper Corporation for the supply of advanced Solvent Extraction and Electrowinning (SX-EW) technology for the Tia Maria project in Peru. This agreement, booked in Metso's Q1 2026 Minerals segment orders, will equip the new facility to produce 120,000 tonnes of high-purity LME Grade A copper cathodes annually, addressing the growing global demand for this critical metal.
News K2 Gold concludes 2026 drilling campaign at Nevada’s Si2 project The programme involved eight drill-holes covering a total of 3,871m across five AOI. Shree Mishra March 27, 2026 Share Copy Link Share on X Share on Linkedin Share on Facebook Drilling in 2026 targeted structural locations identified from a geological model using drilling data, geophysics and fluid studies. Credit: Parilaw/Shutterstock.com. K2 Gold has completed its 2026 reverse circulation (RC) drilling programme at the Si2 Gold Project in Esmeralda County, Nevada, US, situated within the Walker Lane Trend. The campaign involved eight drill-holes covering a total of 3,871m across five areas of interest (AOI) at Si2 Gold. Go deeper with GlobalData Reports Jackfish 2 Project Reports Soledad Mountain Project Go deeper with GlobalData The gold standard of business intelligence. Find out more Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more This marks K2 Gold’s inaugural exploration at the AOI3, AOI4 and AOI5 target areas, extending exploration activities beyond the previously investigated southern targets. Each drilling operation encountered extensive low-sulphidation epithermal alteration, quartz veining and broad zones of adularia flooding, indicating a conducive environment for gold...
News Kenorland to acquire mineral claims in Canada The company will expand its Lang Lake Project by acquiring 10,200ha of claims and purchase 58,700ha to augment the Muskrat Dam Project. Shree Mishra March 27, 2026 Share Copy Link Share on X Share on Linkedin Share on Facebook The Lang Lake Project currently spans 84,000ha within the Birch-Uchi Subprovince. Credit: Parilaw/Shutterstock.com. Kenorland Minerals has signed purchase agreements to acquire full ownership of additional mineral claims in northern Ontario, Canada. The company will expand its Lang Lake Project by acquiring 10,200ha of claims from the McVicar Agreement Area in Ontario’s Birch-Uchi Subprovince. Go deeper with GlobalData Reports Fort Kent Project Reports Eleonore Mine Go deeper with GlobalData The gold standard of business intelligence. Find out more Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more Additionally, Kenorland will augment its Muskrat Dam Project through the purchase of 58,700ha of claims from the Rottenfish Agreement Area within the Muskrat Dam greenstone belt. The Lang Lake Project currently spans 84,000ha within the Birch-Uchi Subprovince and includes significant geological features such as folded iron formations. It is situated along the same...
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<p>Nouveau Monde Graphite (NMG) has advanced its Phase Two Matawinie Mine project in Québec by signing a revised, binding long-form term sheet with the Canadian Government. This landmark agreement secures the purchase of 30,000 tonnes per annum (tpa) of flake graphite concentrate on a take-or-pay basis for seven years, bolstering NMG's financial position and Canada's strategic imperative to establish a secure domestic supply chain for critical minerals essential to the electric vehicle (EV) battery sector.</p>
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North Bay Resources has significantly expanded its footprint in the Mexican mining sector, signing a binding Letter of Intent on March 27, 2026, to acquire Bendito Resources for a cash payment of $25 million. This strategic, debt-free acquisition brings a portfolio of advanced exploration and near-term production assets in Sonora and Chihuahua, Mexico, including the fully permitted Oposura project and the expansive Alacran project, poised to dramatically enhance North Bay's operational capabilities and resource base. The move underscores North Bay's aggressive growth strategy, complementing its recent increase in ownership of the Bishop Gold Mill in California.
Strategic Energy Resources (SER) has secured over A$400,000 in grants from the Queensland Government's Collaboration Exploration Initiative (CEI) to advance drilling at its Diamantina Copper-Gold Project and Bulimba Gold Project. This funding, totaling A$275,000 for Diamantina and A$137,500 for Bulimba, is set to propel exploration efforts in critical minerals and precious metals within highly prospective regions of Queensland, underscoring the state's commitment to fostering new discoveries through supportive government programs. The Bulimba project is particularly notable for being the initial drilling phase under a non-binding joint venture agreement with Sumitomo Metal Mining Oceania (SMMO).
Lynas Rare Earths has signed a framework agreement with LS Eco Energy, a subsidiary of LS Cable & System, to establish a strategic partnership for the production of rare earth metals. This collaboration involves LS Eco Energy constructing a new facility in Vietnam dedicated to processing Lynas' rare earth oxides into metal form, primarily for permanent magnet applications. The initiative, slated for March 26, 2026, aims to enhance the global rare earth supply chain by diversifying metallization capabilities outside traditional hubs, addressing critical demand for materials like metallised neodymium-praseodymium and heavy rare earths.
Chile, the world's second-largest lithium producer, is poised for significant output increases, with production estimated to reach 67,300 tonnes in 2026, primarily driven by ongoing expansions at SQM's Salar de Atacama operations. This growth unfolds against a backdrop of sweeping policy changes, including the nationalization of the lithium industry under President Boric's administration and the establishment of a landmark joint venture between state-owned Codelco and SQM, fostering a new era of public-private partnerships in the nation's critical mineral sector. These strategic moves aim to secure Chile's battery minerals for a green energy transition while reshaping the investment landscape for global mining stakeholders.
Canadian Uranium has announced an agreement to acquire Rook 2 Uranium, securing an exclusive option over 21 mineral claims spanning approximately 18,941 hectares in Saskatchewan's prolific Athabasca Basin. This strategic acquisition, involving a share exchange valued at 9,663,156 Canadian Uranium shares, positions the company to capitalize on a property described as having a "historic resource" within a world-renowned uranium district, signaling significant future growth and a strengthening of its asset portfolio in a buoyant uranium market.
Centaurus Metals has secured a crucial, non-binding Letter of Intent from Brazil's development bank, BNDES, for C$1 billion reais (approximately $190 million USD) in potential long-term debt funding for its Jaguar Nickel Project. This development, situated in Brazil's strategic Carajás Mineral Province, underscores the project's significance as a future supplier of responsibly produced nickel crucial for the global energy transition, aligning with BNDES's focus on critical minerals. The indicative funding will undergo further rigorous due diligence before final approval, positioning Jaguar as a key asset in the burgeoning battery metals sector.
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<p>In a significant development for the Pacific region's mining sector, Rio Tinto Exploration has formalized an earn-in agreement with LCL Resources for the Ono Project in Papua New Guinea (PNG). This partnership, announced on March 23, 2026, positions Rio Tinto to invest substantial capital and expertise, with an initial commitment of A$8 million, to explore for porphyry copper-gold deposits within the highly prospective Owen Stanley Metamorphic Belt. The deal provides LCL with critical funding while allowing its shareholders to retain exposure to potential major discoveries, underscoring PNG's enduring appeal for world-class mineral resource development.</p>
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<p>Canada and Peru have formally solidified their mining cooperation through a new Memorandum of Understanding signed on March 20, 2026. This strategic partnership aims to enhance bilateral investment, drive technological advancements in critical minerals around traceability and decarbonisation, and strengthen regulatory frameworks, further cementing Canada's significant role as a foreign investor in Peru's vibrant mining sector.</p>
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A recent episode of the "Energy Technology: Industry Insights" podcast, released on March 17, 2026, delves into the transformative impact of Artificial Intelligence and digital innovation across the energy sector, a discussion highly pertinent to the mining industry. Featuring experts Holly Anness-Bradshaw of GlobalData and Nina Budazhapova of Susten, the episode explores critical investment strategies and promising technologies essential for navigating a complex, decarbonizing energy landscape. This article examines the podcast's key themes and their direct implications for enhancing operational efficiency, sustainability, and competitive advantage within mining.
Talisman Metals has announced the conclusion of significant initial fieldwork at its Fougnar Copper-Silver Project in Morocco, encompassing stream sediment sampling, extensive transient electromagnetics (TEM) surveys, and preliminary trenching. Early data indicates promising zones of strong conductivity and visible copper mineralization, which will now undergo detailed analysis to refine drill targets. This progress marks a critical step in understanding the subsurface potential of Fougnar, contributing to Talisman's growing exploration footprint in the Moroccan mineral landscape.
News McLaren Minerals begins drilling work at titanium project The company is conducting a comprehensive and systematic drilling programme aimed at improving resource classification. Shree Mishra March 18, 2026 Share Copy Link Share on X Share on Linkedin Share on Facebook The campaign aims to upgrade resources from indicated to measured classification, employing a 150m × 150m grid drilling pattern. Credit: Maxim Maksimovich/Shutterstock.com. McLaren Minerals has announced the start of a 13,000m drilling campaign at the McLaren Titanium deposit in Western Australia. The company is conducting a comprehensive and systematic drilling programme aimed at improving resource classification, supplying data for future reserve evaluation and expanding the resource. Go deeper with GlobalData Reports Patrocinio Project Reports Meliadine Project Go deeper with GlobalData The gold standard of business intelligence. Find out more Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more The campaign focuses on upgrading large sections of the resource from indicated to measured classification, with specific areas to be drilled in a 150m × 150m grid pattern to enhance classification confidence. Additionally, parts of the deposit currently classified as inferred resources are being targeted for potential...
Troilus Mining has officially advanced its long-term copper-gold concentrate offtake strategy by signing a Memorandum of Understanding (MoU) with Boliden Commercial, building upon prior commercial terms. This agreement for its north-central Québec project, coupled with an earlier MoU with Aurubis, is critical for de-risking the project, securing a prospective $1 billion debt facility from international financial institutions, and moving towards a construction phase. The Troilus Project's May 2024 feasibility study projects an annual output of approximately 135.4 million pounds of copper equivalent, underscoring its significant scale and strategic importance within a jurisdiction recognized for stable, clean-energy mineral development.
Riverside Resources has finalized the acquisition of three key mineral concessions – La Famosa and Dana 7 – within its Union Project district in Sonora, Mexico, securing full ownership and eliminating future royalty burdens. This strategic consolidation, completed through its Mexican subsidiary RRM Exploración, enhances the company's district-scale land position and boosts exploration efforts for carbonate replacement deposit (CRD)-style gold-silver-polymetallic mineralization, backed by a significant exploration funding agreement with partner Questcorp. The move underscores Riverside's commitment to advancing its Mexican portfolio, following a multi-year option agreement initiated in 2021.
The U.S. Department of Energy (DOE) has announced a substantial $293 million funding opportunity through its "Genesis Mission: Transforming Science and Energy with AI" Request for Application (RFA). This initiative invites interdisciplinary teams from National Laboratories, U.S. industry, and academia to develop novel AI solutions addressing over 20 critical national challenges, including advanced manufacturing and, most significantly for our sector, critical materials. This investment aims to leverage artificial intelligence to bolster scientific discovery, enhance energy security, and strengthen domestic supply chains, presenting a significant opportunity for the U.S. mining industry to modernize and innovate.
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<p>Eldorado Gold has secured crucial operating authorization for its high-grade Ormaque gold deposit at the Lamaque Complex in Val-d’Or, Quebec, Canada, from the Ministry of the Environment, the Fight Against Climate Change, Wildlife and Parks. This approval, announced on March 17, 2026, empowers Eldorado to commence underground mining at Ormaque and transport the ore to the existing Sigma Mill, significantly enhancing production flexibility and reinforcing Lamaque as a cornerstone asset within the company's portfolio. The move underscores Eldorado's strategic commitment to optimizing existing infrastructure and driving long-term value through targeted exploration and operational efficiencies, including plans for ongoing drilling and potential mill expansion studies.</p>
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Harena Rare Earths has entered into an exclusivity agreement to potentially acquire a 100% stake in Paradigm Critical Minerals' rare earth and uranium assets located in San Bernardino County, California. This strategic move, reported on March 17, 2026, aligns with Harena's broader objective to bolster critical mineral supply chains, particularly within the United States, contingent upon comprehensive due diligence and internal approvals. The assets boast promising historical drilling results, including high-grade uranium mineralization and significant rare earth potential, situated in a region with established mining infrastructure near MP Materials' Mountain Pass Mine.