Today's Mining Pulse
Indonesia grants export monopoly to state trader, targeting $66B in resource revenues
Indonesia’s employers association and major mining cartels have endorsed President Prabowo Subianto’s new export monopoly, giving exclusive rights to state‑controlled trader PT Danantara Sumberdaya Indonesia (DSI). The policy aims to capture roughly $66.13B in annual resource revenues and curb historic tax leakage estimated at $908B.
Also developing:
Glencore Raises Hope of Reviving Rio Tinto Deal as Coal Prices Turn
Glencore CEO Gary Nagle sees the recent 26% jump in coal prices as a catalyst to revive talks with Rio Tinto on a $240 billion mega‑merger that previously stalled over valuation disputes. The surge has boosted Glencore’s share weight in a potential combined entity from 31.5% to roughly 35%, narrowing the gap to the 40% stake it originally sought. Rio Tinto’s iron‑ore slump and a six‑month UK‑mandated cooling‑off period add timing pressure, while Australian shareholder approval remains a decisive factor.
Gold Buying Prices in Zimbabwe per Gram/ Ounce, 13 March 2026
Fidelity Gold Refinery (FGR) released its latest gold buying rates for Zimbabwe on March 13, 2026. The fire‑assay cash price for gold above 100 g is $155.80 per gram ($4,845.72 per ounce), while SG 90 %+ gold commands $154.98 per gram. Prices decline...
Forrest's Green Grid Blueprint Drives Smart Pilbara Industry
The Green Grid’s Neural Network: Andrew Forrest’s Visionary Blueprint for an Intelligent Industrial Future - The landscape of the Pilbara is changing, not just the rust-red dust or the gargantuan scale of the iron ore pits that define the horizon...
Stacked Uranium Horizons Revealed as QXR Digs Into Historical Drilling
QX Resources has digitised and re‑interpreted historic drilling data from Tanzania’s Madaba project, revealing multiple stacked roll‑front uranium horizons across the Luwegu Basin. The new model shows mineralised sandstone seams that thicken and coalesce, confirming significant uranium presence at four...
Energy Expert Blames India for Hormuz Closure
Energy Expert Anas Alhajji Reveals Truth Of Hormuz Closure, Says 'India ... https://t.co/dGuOAIsElS via @YouTube
Iran Vows to Keep Blocking the Strait of Hormuz
Supreme Leader Mojtaba Khamenei, still recovering from a U.S. strike, declared that Iran will keep the Strait of Hormuz closed, leaving roughly 1,000 vessels stranded in the Gulf. While the closure is driven by political retaliation, insurers have confirmed that...
Belararox Expands Copper Exploration Footprint in Argentina’s Vicuña District
Belararox has added the 22 km² El Faro tenement to its TMT copper project in Argentina’s Vicuña District, extending the exploration corridor around the Toro South prospect. The new land adjoins Toro South, where drilling is testing a shallow epithermal target that...
Premier1 Drills Deeper in WA Yalgoo Gold Hunt
Premier1 has completed a 16‑hole, 2,776‑metre reverse‑circulation drilling campaign at its Yalgoo gold project in Western Australia, focusing on Mt Kersey, Central Block, Carlisle and Crescent South prospects. The program targets a 500‑metre structural fault zone adjacent to the Wadgingarra maiden...
Coal Mine Threatening Koalas Gets Clearance Amid Renewable Stagnation
Methane-leaking, koala-threatening coal mine gets all-clear in state where renewables projects are in limbo #energysky -- via Renew Economy: https://t.co/W2m9PXwwuO https://t.co/idcip5eygl
Canaccord Lifts Ausgold Price Target to $3.00 After DFS Update
Canaccord Genuity raised its price target for Ausgold Ltd. to $3.00 while keeping a Speculative Buy rating, citing an updated definitive feasibility study for the Katanning Gold Project. The DFS forecasts an average annual production of 121,000 ounces over a...
Anglo American’s Sishen Iron Mine Completes IRMA Surveillance Audit
On 12 March 2026 Anglo American’s Sishen iron‑ore mine in South Africa completed its Initiative for Responsible Mining (IRMA) surveillance audit. The audit, performed by IRMA‑approved firm ERM CVS, evaluated progress on the corrective‑action plan set after the initial audit. It confirmed that the...
Kingfisher and Broken Hill Mines Ink Copper Partnership
Kingfisher Mining Limited and Broken Hill Mines Limited have signed a 10‑year cooperation agreement to process Kingfisher’s Copper Blow IOCG and Allendale projects at BHM’s 750,000‑tonne‑per‑year Rasp Mine plant. The deal removes the need for Kingfisher to build its own processing...
Adelaide-Developed Crusher Targets Cheaper, Cleaner Mineral Processing
University of Adelaide researchers have created a low‑emission crusher, GRolls, that replaces traditional grinding in copper‑gold ore processing. Early trials show the system can reduce particle size to below 425 µm in a single pass while cutting energy use by roughly...
Korea Zinc Partners US Tech to Recycle Data‑center Rare Earths
Korea Zinc in talks with US tech firms to extract rare earths from data center waste https://t.co/7xDhXEeStL
Greenfire Resources Ltd (GFR) Q4 2025 Earnings Call Transcript
Greenfire Resources reported a 6% increase in full‑year sales volume, driven by a 48% surge in U.S. shipments and an 83% Q4 jump. Average selling price fell 9% YoY to $4,000 per metric ton, widening the Q4 net loss to...
Exploration Round-Up: Odyssey Confirms Tuckanarra Gold
Odyssey Gold announced high‑grade, shallow oxide mineralisation at its Tuckanarra project, highlighted by a 22.3‑metre interval grading 7.4 g/t gold. Alliance Nickel is evaluating vat leaching for its NiWest nickel‑cobalt development, a move that could slash the $310 million water‑infrastructure cost embedded...
Canada’s Junior Miners Still in Challenging Financial Climate as Metals Prices Climb – by Melissa Pistilli (Investing News Network –...
Canada remains a premier mining jurisdiction, with Ontario and Saskatchewan ranking among the world’s top, second only to Nevada, according to the Fraser Institute. Toronto continues to serve as the global hub for mining finance, channeling roughly 30% of all...
Ottawa’s $1.5M to Tłı̨chǫ Gov’t ‘Just the Beginning’ Grand Chief Says – by Devon Tredinnick (CBC News Canada North –...
The Canadian government has pledged $1.5 million to the Tłı̨chǫ Government to fund mineral exploration in the Northwest Territories. The funding supports a partnership with Australian mining giant Fortescue to assess lithium potential on Tłı̨chǫ lands. Grand Chief Jackson Lafferty described...
Nickel Market Could Turn Deficit Due to Indonesia Quota, Says Macquarie – by Staff (Mining.com – March 11, 2026)
Macquarie Group warns that Indonesia's new nickel production quota could push the global market into a deficit this year. The December 2025 policy tightens supply to counter a glut, already lifting prices of nickel metal, nickel pig iron, nickel sulfate...
Canada Nickel Looking for Partners as Timmins Nickel Mine Moves Ahead – by Amanda Rabski-McColl (Timmins Today – March 10,...
Canada Nickel is advancing the Crawford Nickel project in Timmins and actively seeking partners across government, First Nations, and peer mining firms. CEO Mark Selby highlighted the need to embed community value into a multi‑billion‑dollar venture. The company is also...
Massive N.L. Mine Could Meet a Quarter of Eastern Canada’s Winter Salt Needs – by Gary Kean (The Telegram –...
The Great Atlantic Salt Project, spearheaded by Atlas Salt Inc., will become North America’s first new underground salt mine in nearly three decades, located in western Newfoundland. It is designed to produce four million tonnes of high‑purity rock salt annually,...
In Memoriam Berta Cáceres
Ten years after Berta Cáceres was murdered in 2016, a former DESA executive was sentenced for hiring the killers, while the Atala Zablah family that owned the hydropower firm remains at large. The case underscores Honduras' entrenched oligarchic power, which continues...
AI’s Application Still Clouded by Hype
AI is being promoted across mining for exploration, but most tools deliver modest efficiency gains rather than breakthroughs. EY’s 2026 outlook shows 21% of miners intend to raise AI spending by over 20% despite limited returns due to siloed data...
Canada’s Copper Frontier Lures BHP and a Wave of ASX Explorers
BHP, now the world’s largest copper producer, is positioning Canada as a core part of its exploration strategy, signalling a long‑term commitment to the country’s copper assets. The miner’s CEO highlighted hopes for new investments over the next decade, while...
Electrified Materials Adds Processing Capacity
American Resources Corp.'s subsidiary Electrified Materials Corp. (EMCO) has added a new preprocessing line at its Indiana plant, expanding capacity to aggregate and condition magnet, copper, aluminum, ferrous metals and rare‑earth/critical‑mineral feedstocks. The conditioned materials are shipped to sister company...
Rio Tinto Produces Low-Carbon Aluminum Rod in Partnership with Prysmian
Rio Tinto and Prysmian have completed an industrial trial producing low‑carbon aluminum rod by blending hydro‑powered metal from the Alma smelter in Quebec with aluminum made using Rio Tinto’s ELYSIS technology, which eliminates direct CO₂ emissions. The trial is part...
Pennsylvania Faces Soft Fracking Ban—Public Must Speak Up
I don’t think Pennsylvanians understand how big of a deal this is for the health of our state. This would ultimately be a soft ban on fracking in the state. When comment periods open later this year, we have to...
Iran Keeps Flooding Strait of Hormuz with Oil
VIDEO EXPLAINER: The most important map of the Third Gulf War — the oilfields, the Strait of Hormuz, and the bypass pipelines. Plus a look at how, two weeks into the war, Iran is still exporting lots of its oil,...
PDAC JV Video: Eldorado Nears Skouries Cash-Flow as Foran Buy Adds Growth
Eldorado Gold is on the cusp of cash‑flow generation as its $1 billion Skouries mine in Greece prepares for first concentrate production in early Q3 2026 and aims for commercial output by year‑end. The company is bolstering growth with a $2.2 billion...
Brent Breaches $100, First Time in 3½ Years
Brent closes the day above $100 a barrel for the first time in three and a half years. Note: during the 2022 crisis, Brent settled above triple-digit level for 110 days. So far in 2026, just one day.
Saudi Pays Record Tanker Rates to Ship Red Sea Crude
Saudi Arabia is booking more and more super oil tankers at sky high rates (>$450,000 a day vs pre-war levels of $100,000 a day) to shift crude from the Red Sea into global markets.
Black Light Tech Reveals Mineral Potential in Montana
American Pacific Mining applied a “fugitive calcite” black‑light technique at its Madison copper‑gold project in Montana. Using ultraviolet scanning in newly exposed underground workings, geologists identified fluorescing calcite veins that contain trace manganese and lead. The fluorescence data, plotted on...
Bayhorse Silver Launches 2,000‑meter Underground Drill Program
Bayhorse Silver $BHS.V $BHSIF Mobilizes Diamond Drill To The Bayhorse Silver Mine For A Minimum 2,000 Meter Underground Drill Program by @newsfile https://t.co/YNKuSkNh8x https://t.co/NZx3dJU5Ww
Rio Silver Poised for Production, Attractive Buy at $85/Oz
Rio Silver $RYO.V $RYOOF Great buy opp setting up here on Rio Silver with Silver still trading at $85/oz and the company going into production by year end ... https://t.co/FCYB1X4WaD
Cabral Gold Drills 9.5 Metres at 87.4 G/T Gold at Jerimum Cima Target, Cuiú Cuiú Gold District, Brazil
Cabral Gold announced drill results from the Jerimum Cima target in Brazil, highlighting a 9.5‑metre intercept grading 87.4 g/t gold, including 2.9 metres at 285.5 g/t, from 174 metres depth. The high‑grade zone appears to sit at the intersection of east‑west and northwest‑southeast structures...
Decentralise School of Mines Knowledge to Districts for Beneficiation, Deputy Minister Moyo
Deputy Minister of Mines Eng Fred Moyo urged miners to decentralise technical education, moving knowledge from the Zimbabwe School of Mines in Bulawayo to district‑level training. He proposed sending lecturers to create local sub‑lecturers, emphasizing that skills development must precede new processing...
Anglo American Iron Ore Cargoes Diverted by Iran War
Anglo American rerouted three iron‑ore vessels after the Strait of Hormuz became impassable following U.S. and Israeli strikes on Iran. The ships—Cape Shangrila, Cape Jasmine and Mineral Zimbabwe—were diverted to Singapore, Vietnam and China respectively. Vale experienced similar disruptions, sending...
Simon Stilwell Takes the Chair at Resouro Strategic Metals as Its Brazilian Titanium and Rare Earths Project Advances
Simon Stilwell, a veteran capital‑markets executive, has been appointed chairman of Resouro Strategic Metals Inc. He highlighted the scale and grade of the company’s flagship Tiros project in Brazil, which hosts titanium and rare‑earth minerals, as a key attraction. Stilwell...
Soma Gold Gets First Shipment From Diamantina Mine in Colombia
Soma Gold has received its first shipment of mineralised rock from the newly formalised Diamantina Mine, marking the culmination of over five years of regulatory work. The mine is authorised to produce up to 40 tonnes per day and is...
John Carter on Silver Bullet Mines’ Deal with Ocean Partners for Silver, Gold and Copper
Silver Bullet Mines Corp announced a strategic partnership with commodities‑trading firm Ocean Partners at PDAC 2026. The deal gives Ocean Partners access to Silver Bullet’s multi‑metal output—silver, gold, copper and lead—from a portfolio of Arizona and Idaho properties. The company’s...
Ruling Party Proposes Bold Vision to Transform Zimbabwe Into Global Battery Manufacturing Hub
Zimbabwe’s ruling ZANU‑PF party announced a strategic push to transform the country from a raw lithium exporter into a full‑stack battery manufacturing hub. The plan highlights the recent attraction of four of the world’s top six lithium firms and the...
Tom Wood Highlights Trinity One Metals’ Historic Silver-1 Mine in Ecuador at PDAC 2026
Trinity One Metals CEO Tom Wood highlighted the historic Silver‑1 Mine at PDAC 2026, noting it once produced roughly one million ounces of silver per year when prices were only $4. The underground operation boasted an exceptional grade of 927 grams per ton...
Scandium Canada’s Guy Bourassa on How Canada Is Betting on This Critical Mineral
Scandium Canada secured a $6.9 million federal grant under the GPI program to fast‑track its aluminum‑scandium alloy development and bulk sampling for a feasibility study. CEO Guy Bourassa highlighted the project's unique position as North America’s only primary scandium source, aiming...
Beyond the Data Center: Critical Minerals Driving AI
A Sprott report warns that 2026 marks the start of a new commodity supercycle centered on critical minerals. Geopolitical de‑globalization, energy security and the AI boom are pushing demand for metals like copper and uranium. The report highlights the Sprott...
Oman's 0.7 Mb/D Oil Exports Risk Disruption
Another problem if Oman's ~0.7 Mb/d of oil exports are also interrupted even though outside Hormuz
Call From Red Muqui to Go Beyond Extractivism and the Energy Transition in Peru
Red Muqui, a coalition of 32 Peruvian NGOs, issued a position statement urging the Global North to move beyond the current extractivist energy transition model. The document highlights how the surge in demand for minerals to power renewables deepens ecological...
Orion Minerals Sets Sights on Wealthy Equity Partners
Orion Minerals secured a $250 million agreement with Glencore, including $40 million upfront, to supply copper from its Prieska Copper Zinc Mine and fund the Uppers and Deeps projects costing just over R6 billion. The company still requires roughly R2 billion in equity to...
“We Are 80 Pct Renewable:” Wind and Solar Shield Gina Rinehart’s Big Lithium Play From Fossil Fuel Crisis
Liontown Resources, backed by Gina Rinehart’s near‑20% stake, is operating the Kathleen Valley lithium mine with an 80% renewable energy mix. The hybrid power plant—30 MW wind, 17 MW solar and a 17 MW battery—has reduced diesel to roughly 4‑5% of total operating...
White Gold Discovers Copper at Lost Pup
White Gold Corp. announced the discovery of high‑grade copper mineralization at the Lost Pup target on its Hen property in Yukon’s White Gold District. Bedrock chip samples returned copper grades up to 0.96 % and silver up to 15.1 g/t, indicating a potential...
Silver North Locks in Haldane Drilling
Silver North Resources has locked in a two‑year, fully funded diamond drilling contract with Boart Longyear for its Haldane silver project in Yukon, delivering 5,000‑7,000 metres of drilling each season. The 2026 campaign will prioritize expanding the Main Fault vein...