Today's Mining Pulse
Indonesia grants export monopoly to state trader DSI, targeting $66bn 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 PT Danantara Sumberdaya Indonesia. The policy seeks to capture roughly $66.13 billion in annual resource revenues—about 23.4% of exports—and to curb $908 billion in historic tax leakage.
Also developing:
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 porphyry system adjacent to the nearby Titan gold discovery. The Hen property spans over 300,000 hectares, covering roughly 40 % of the district, and the find expands the known mineralized corridor. The company plans further mapping and drilling to define the extent of the deposit.
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...
Iran War Could Leave Lasting Shock on Commodities: Report
The US‑Israel war against Iran has already rattled global commodity markets, tightening supply chains for oil, fertilizers, chemicals and several metals. BMO Capital Markets notes oil prices spiked toward $120 per barrel before settling near $90, while nitrogen fertilizer costs...
Antimony Uses, Pricing and Areas Mined in Zimbabwe
Antimony, a strategic mineral, is primarily used in flame retardants, lead‑acid batteries, metal alloys, semiconductors, glass, military applications, and pigments. Global spot prices for 99.85% pure metal sit at $10‑12.5k per tonne, while ingot prices peaked at $40‑60k/tonne in 2024‑25...
Oil Prices Go Up 6% as Hormuz Shipping Crisis Deepens
Oil prices surged on Thursday as Iran intensified attacks on oil and transport infrastructure, reigniting fears of prolonged disruption through the Strait of Hormuz. Brent futures jumped 6.47% to $97.93 a barrel, briefly touching $100, while U.S. WTI rose 6%...
Fortescue Advances CAS Capability as First Step in Its HaulX Technology Suite
Fortescue has rolled out its Collision Avoidance System (CAS) as the first publicly showcased component of the HaulX technology suite. The system, already active on more than 400 Pilbara assets, automatically brakes heavy equipment when a light vehicle breaches a...
PTC Lands ISRO Titanium Ingot Order, Expands VAR/PAM Capability
PTC secures an aerospace-grade titanium ingot order for ISRO and scales VAR and PAM capability. https://www.metalnomist.com/2026/03/aerospace-grade-titanium-ingot-order.html
Canyon Resources Mobilises Surface Miner at Cameroon’s Minim Martap Project
Australian miner Canyon Resources has moved a surface miner to the Minim Martap bauxite project in Cameroon, kicking off mining operations by the end of March. The company now targets first bauxite production in early Q2 2026 and its inaugural cargo shipment...
American Tungsten & Antimony Finds High-Grade Antimony in Utah, US
American Tungsten & Antimony reported high‑grade antimony intercepts from its inaugural drilling at the Little Emma Prospect in Utah’s Antimony Canyon Project. Notable assays include 2.62 m at 12.54% Sb and 8.47 m at 2.67% Sb (including 2.2 m at 9.69% Sb). The...
Weir to Supply Bezant Nambia Operations with 150 T/H Crushing and Screening Plant
Weir has secured a contract to deliver a 150 t/h crushing and screening plant for Bezant’s Hope and Gorob copper‑gold project in Namibia. The package includes two ENDURON jaw crushers (ET905, ET906), Trio feeders, a scalping screen, conveyors and a steel...
Salt Trade Seasoned with Strong Egyptian Flows
Global seaborne salt shipments jumped 19% year‑on‑year to 13.5 million tonnes in January‑February 2026, driven by Egyptian exports that more than doubled to 2.9 million tonnes. The United States recorded a record 4.2 million tonnes discharged, reflecting heightened de‑icing demand after severe winter...
TRIM Invites Private Firms to Bid to Operate Three Rail Sidings for Ten Years
South Africa's Transnet Rail Infrastructure Manager (TRIM) has issued requests for proposals to privately operate and invest in three rail sidings—Klaserie, Krugersdorp and Ngagane—for ten‑year terms. The RFPs require bidders to fund refurbishments, loading facilities, security and access upgrades while...
Bangladesh Sees Rise in Ray, Shark Fishing as Traditional Seafood Species Dwindle
Bangladesh has seen a sharp rise in illegal shark and ray fishing as catches of traditional seafood species decline. Lower prices and growing export markets for dried fins and skins have made these protected species attractive to impoverished coastal fishers....
MP Considers Texas Site for Second Magnet Plant
MP weighs Northlake, Texas, for a second magnet plant as it builds a 10X facility targeting 10,000 t/yr by 2028. https://www.metalnomist.com/2026/03/mp-materials-second-magnet-plant-could.html
China Extends Ban, Halts BHP Iron Ore Purchases
China is expanding its ban on steel mills buying BHP iron ore again, adding another product to the blacklist. They've been negotiating for BHP for ~6 months now and there's no end in sight. This is the second ban in...
Uganda: Stakeholders Raise Concerns Over Mining Licensing Delays, Mineral Royalty Gaps
Uganda’s mining sector is grappling with prolonged licensing delays and opaque royalty collection, prompting stakeholders at the Annual Tax Dialogue to warn of rising informal mining. Despite gold exports exceeding $5 billion annually, licensed operations remain scarce, contributing only 1.9% of...
Alamos Gold: Undervalued Mid‑Tier Leveraged Pick
. @AlamosGoldInc $AGI top pick ~1M oz by 2030, low-cost North America ops, falling AISC, net cash funding growth, undervalued vs peers. Best mid-tier leverage to gold.
Iran Ramps up Energy Attacks as Oil Stays Sub‑$100
Overnight Iran reacted to the IEA's oil release intensifying its attacks on regional energy targets, including two small-sized fuel tankers in Iraq. Tehran knows oil is what could force President Trump to end the war early. Still, both Brent and...
Amex Exploration (TSXV:AMX) – High-Grade Quebec Gold Project Targets Q3 2027 Production.
Amex Exploration announced that its high‑grade Quebec gold project is on schedule to commence production in the third quarter of 2027. The development targets an initial output of roughly 120,000 ounces of gold per year, backed by measured and indicated...
Critical Minerals in the US: What’s Happening at Stillwater?
At the PDAC 2026 conference, Stillwater Critical Minerals CEO Michael Rowley outlined a series of initiatives aimed at scaling the company’s flagship Montana project. Glencore reaffirmed its investment, backing a new three‑rig drilling campaign designed to expand the resource base...
Trump Releases 172 Million Barrels From Strategic Reserve
Given the Trump' Administration decision to release 172 mb form the SPR, this is a must watch (from November 2022)
Metso and Loesche Unveil VRM Dry Grinding Solution
Metso and Loesche have formed an exclusive partnership to launch a vertical roller mill (VRM) dry‑grinding solution for mineral processing. The system promises substantial energy savings, lower operating costs and simplified process flows by replacing HPGRs, horizontal mills and stirred‑mill...
Nevada Gold Potential Grows as Strikepoint Advances Hercules
There is still plenty to discover in Nevada, says @strikepointgold's Michael Allen, especially with gold's run. The company is advancing its Hercules gold project. $SKP https://t.co/iIGi0ZW4QT https://t.co/BrEyGfD6a8
Gold's New Baseline Sets Mining Stocks to Outperform 2026
As high gold prices become the baseline, mining equities are poised to outperform in 2026 – VanEck’s Casanova $GDXJ $SILJ $CDNX https://t.co/L3SEm4naG1 via @KitcoNewsNOW
Victory Metals Strengthens Technical Team to Advance North Stanmore
Victory Metals has appointed four internationally recognised technical experts—Ken Baxter, Scott Atkinson, Dr Ludovic Dumée and Peter Hedley—to its North Stanmore heavy rare earths project. The new hires complement existing leaders Professor Ken Collerson and CTO Dean O’Keefe, bringing deep...
Verity Rolls in High-Grade Gold at Monument Ahead of Resource Update
Verity Resources announced high‑grade gold intercepts from its final infill drilling campaign at the Monument project in Western Australia. The 29 RC holes delivered grades as high as 5.41 g/t over 2.4 m, confirming strong continuity across the Waihi and Korong deposits....
Large Antimony System at Play with New Drilling Targets for RMX
Red Mountain Mining (RMX) reported high‑grade antimony results from its Oaky Creek target in the Armidale project, including a 28.1% antimony assay 600 m north‑northwest of Oaky Creek South. Earlier work had returned up to 39.3% antimony and 1.09 ppm gold across...
SPR Release Announcement Triggers Panic, Fuels Oil Prices
In case you are wondering why oil prices continued to rise despite the US announcement of a massive SPR release: In the SPR literature, more than 30 years ago, experts warned that announcing an SPR release might signal crisis and cause...
Dreadnought Begins RC Drilling at Illaara Gold Project
Dreadnought Resources has launched a reverse‑circulation (RC) drilling program at the Metzke’s Find prospect within its wholly‑owned Illaara gold project in Western Australia. The campaign will drill about 60 holes covering roughly 4,900 metres to extend the current 14,900‑ounce, 6.8 g/t resource...
Lithium Argentina Boosts Resources 42% to 28.1 Mt LCE
Listen to episode 231 of the podcast with @Lithium_ARG VP Tom Benson if you want more details on this announcement. @tomvolcano
Lodestar Spots Copper Sulphides in Drill Core From Maiden Hole at Three Saints
Lodestar Minerals reported visible copper sulphides, including chalcopyrite, pyrite, molybdenite and magnetite, in its maiden diamond drill hole at the Three Saints project in Chile, intersecting intervals from 190 m to 600 m depth. The increasing concentration of these IOCG‑style minerals suggests...
Excelsior: Opportunities In Growth-Oriented Silver Producers – Part 16
Excelsior’s latest newsletter spotlights growth‑oriented silver producers amid a surge in silver prices, which have hovered between the low $70s and low $90s per ounce. The metal is now trading at the highest average quarterly price ever recorded, driving heightened...
US Iran Ops Reveal Global Economy’s Fragile Bottlenecks
3 terrifying reasons the US military operations in Iran expose the fragility of global economics. Mainstream theory assumes a world of abundance and perfect competition. The reality is that our global supply chains rely on massive physical bottlenecks. From the single...
U.S. to Release 172 M Barrels Over 120 Days
U.S. details its participation in the IEA coordinated SPR release. Washington will release 172 million barrels over a 120 day period, equal to a flow of ~1.4 million barrels per day.
EY’s Theo Yameogo on Gold, Silver and the Global Critical Minerals Market
At PDAC 2026, EY’s metals leader Theo Yameogo explained that gold’s price is driven more by geopolitical turmoil and deeper mining challenges than by forecasting models. He noted silver’s dual appeal as a safe‑haven and an industrial metal, especially for...
Aris Mining Beats Guidance, Targets 500k+ Oz
Aris @ArisMining 256k oz Au, beat guidance. 2026: 300-350k oz, path to 500k+ oz/yr run-rate,cheap vs peers in $5k+ gold. Mid-tier re-rating. $aris.to
Few Mines Can Spike Insurance Premiums
Is it capable of “masse mining”? Does it even need to be if just a few mines can make insurance premiums skyrocket?
Novelis’ Aluminum Sheet Receives Recognition
Novelis Inc. earned the 2026 Münchner Management Kolloquium Award of Excellence for an aluminum sheet produced entirely from end‑of‑life vehicle scrap, targeting exterior car‑body applications. The award highlights the technical feasibility of car‑to‑car recycling and the company’s push toward a...
Trump Confirms US Join IEA Oil Release, Plans SPR Refill
President Trump has formally confirmed the US is participating in the IEA emergency oil stock release. “We’ll do that and then we’ll fill it up,” Trump said referring to the Strategic Petroleum Reserve. “Right now, we’ll reduce it a little...
Ghana: Rebalancing of Gold Reserve Not Loss of National Asset - Governor
Ghana’s central bank announced a rebalancing of its international reserves, converting a portion of its gold holdings into foreign exchange. The move follows a Domestic Gold Purchase Programme that lifted gold stocks from 8.7 tonnes to over 40 tonnes, with a 62%...
A Glimpse Into the Rare Earth Riches of Greenland
Greenland’s Kvanefjeld deposit, rich in rare earth elements, is attracting global mining interest. A recent photo by Jonas Kako captures sodalite stones at the site glowing under ultraviolet light, highlighting the mineral’s visual appeal though it holds no commercial value....
Geologist Uncovers 24 New Eastside Claims, Boosting Gold Buy
The Eastside project for @A2GoldCorp gets 24 new claims, after a keen-eyed geologist spotted a few curious anomalies and realized the claim boundary was drawn a little too tight. See the map, what happens next, and why this #gold stock is...
Stantec to Lead DFS for US$2.37 Billion Kingking Copper-Gold Project
Stantec has been appointed by St Augustine Gold & Copper Ltd to lead the Definitive Feasibility Study (DFS) for the Kingking copper‑gold project in Mindanao, Philippines. The greenfield development is valued at US$2.37 billion and contains roughly 960 Mt of copper‑gold reserves....
New ASGCO® Belt Lifter Model for Larger Conveyors
ASGCO introduced a new Belt Lifter model designed for 48‑72‑inch (1,200‑1,800 mm) conveyor belts. The unit accommodates stringer widths from 56.5 to 86.5 inches, weighs 47.2 kg, and offers a closed height of 216 mm with a maximum lift of 482 mm. Built with rugged...
Chile's Right‑Wing Turn Signals Lithium, Copper Market Shift
Big implications for #lithium and #copper markets... Chile is a major global producer of both #criticalminerals.
Cruz Battery Metals Gains on 4M Share Bid, Resource Awaited
Cruz Battery Metals $CRUZ.CA $BKTPF Successful retest. Notable large bid support of 4M shares at 2.5c. Due to release their maiden resource soon. In Nevada lithium JV with Sienna $SIEN.V and Adelayde $ADDY.CA. Mystery box- what will billion-dollar multinational...
9 Best Aluminum and Aluminum Mining Stocks to Invest In
Aluminum prices surged to a four‑year high of $3,418 per metric ton after Middle East supply shocks, prompting analysts to flag the sector as volatile. A new ranking of nine aluminum and mining stocks, compiled by counting hedge‑fund holdings in...
North America Drops 8 Rigs WoW
Baker Hughes reported that the North America rig count slipped to 756 this week, eight rigs lower than the previous week. The U.S. portion rose slightly to 551 rigs while Canada fell to 205, driving the regional decline. Oil rigs...
Offshore Lease Bidding Falls Off a Cliff in Trump’s Second ‘Big Beautiful’ Gulf Sale
The Bureau of Ocean Energy Management’s second "Big Beautiful Gulf" auction (BBG2) yielded $46.98 million in high bids, a steep decline from the $279.4 million generated in the inaugural sale. Only 38 bids from 13 firms covered 25 blocks on roughly 141,000...
Titan Mining Starts Graphite Shipments, Feasibility Study
Titan Mining has begun shipping graphite concentrate from its Kilbourne demonstration plant in New York, marking the first U.S. graphite output in decades. The demo facility, capable of 1,200 tonnes per year, has produced roughly 1,600 kg and is supplying customers for...