Know What's Happening in Mining
Know What's Happening in Mining
Lindian Resources raises $100M for Malawi rare‑earth project
Australian ASX‑listed Lindian Resources secured $100 million to fund the first stage of its Kangankunde Rare Earths Project in Malawi. The high‑grade deposit, rich in dysprosium and terbium, will be developed debt‑free, avoiding a previously planned $32 million loan and positioning Malawi alongside the DRC and South Africa as a rare‑earth hub.
B2Gold reported striking drill results at its Llama deposit in Nunavut, including a 13.7‑metre intercept grading 41.95 g/t gold and a 38.2‑metre intercept at 17.95 g/t. The company’s 2025 exploration program, backed by $46 million in 2026 spending, expands the Back River district’s resource base, which already holds 3.56 million ounces indicated and 2.44 million ounces inferred. Goose mine, now contributing roughly 13% of B2Gold’s output, is slated to rise to 22% this year and could exceed 300,000 ounces by 2027. Shares edged up 1% to C$5.87 (≈US$4.22), valuing the firm at about US$5.7 billion.
Growing US, Canada Crude and Fuel Surplus - When the December 2026 (Dec26) WTI crude future started trading in 2017, the US and Canada had a supply-demand deficit near 1 million barrels a day (MMb/d). Now it's a roughly 7 MMb/d...
Rio Tinto’s Diavik diamond mine in Canada celebrated its final day of production after 23 years, having extracted more than 150 million carats of rough diamonds. The mine, which operated both open‑pit and underground methods beneath Lac de Gras, will cease...
Copper Miners $COPX vs Price of Copper $COPPER. Down today but looks like it's hammering out a bottom. https://t.co/CCHLPeGBwv
An independent review of The Metals Company’s pre‑feasibility study finds the deep‑sea mining project would generate zero profit and exhaust its mineral reserves in roughly eight years. The analysis highlights that the model relies on overly optimistic metal prices, no...
Rio Tinto has launched a $500 million drilling program at previously inaccessible zones of its Resolution Copper project in Arizona, targeting mine start‑up by the mid‑2030s. The mine is projected to yield more than 18 million tonnes of copper over its life,...
Pretty solid export sales #corn 47.9 mb. Needed each week to meet current USDA projections 23.2 mb. #Soybean export sales 24.6. Needed each week to meet current USDA projections 8.3 mb.
Sandvik has secured five new AutoMine automation orders from Byrnecut, the world’s largest underground mining contractor. The contracts cover underground sites in Australia and Namibia, marking Sandvik’s biggest rollout for Byrnecut to date. The AutoMine Multi‑Lite system will enable loaders...
Interlune, a lunar‑resource startup, announced that its first customers are ready to purchase helium‑3 extracted from the Moon. Helium‑3 is touted as a fuel for next‑generation nuclear fusion reactors that produce no long‑lived radioactive waste. The company highlights the technical...
The Canadian Centre for Electron Microscopy (CCEM) has been awarded a $15.5 million grant from the Canada Foundation for Innovation. The funding will expand national nano‑characterisation capabilities, linking atomic‑scale insights to Canada’s critical‑minerals strategy, semiconductor supply chain and electronic‑waste recycling efforts.
The latest ranking of the world’s 20 largest gold mines shows Nevada Gold Mines retaining the top spot with 2,595 koz in 2025, while production at several sites shifted dramatically amid market volatility. Gold prices surged to a record $5,600 per...
AngloGold Ashanti’s Arthur gold project in Nevada has completed a prefeasibility study confirming an average output of 500,000 ounces per year at an all‑in sustaining cost of $954 per ounce. The study, covering a nine‑year mine life, estimates capital expenditures...
Barrick Mining Corp. announced it is slowing work on the Reko Diq copper‑and‑gold project in Pakistan due to heightened security concerns in Balochistan and the broader Middle East. The company has extended its comprehensive project review by twelve months, pushing the...
Petrobras announced an oil discovery in the pre‑salt section of the Marlim Sul field, located about 113 km offshore Brazil in the Campos Basin. The find came from well 3‑BRSA‑1397‑RJS drilled in 1,178 meters of water. Petrobras, which holds a 100 % working...
Orezone Gold Corp completed its purchase of Hecla Mining’s Casa Berardi gold mine in Quebec, paying $160 million in cash and issuing about 65.8 million shares, with up to $321 million in deferred payments possible. The transaction leaves Casa Berardi’s production out of Orezone’s...
Land‑linked Zambia 2026 has secured participation from all six key SADC ports—Beira, Dar es Salaam, Durban, Lobito, Nacala and Walvis Bay—signaling a major push toward multimodal connectivity. Zambia’s goal of producing 3 million metric tonnes of copper by 2031 will place...
Omnia, a Johannesburg‑listed group, is leveraging its extensive ammonia‑based emulsion, explosives and fertilizer capabilities to shield South African mines and farms from the current Middle‑East supply‑chain shock. The company runs 200 dedicated rail tankers and large storage assets, giving it...
MacLean announced a partnership with Northern Construction Academy to field‑test its GR8 EV Surface Grader on NCA’s Sudbury training property during summer and fall 2026. The collaboration will validate the grader’s performance, duty cycles, and operator interaction, leveraging real‑world feedback...
CNOOC Ltd reported a record 777.3 million barrels of oil equivalent, equivalent to 2.13 MMboe per day, a 7% increase over the prior year. Crude output rose 5.8% while natural‑gas production surged 11.6%, underpinning profit resilience. Net profit slipped to $17.7 billion amid...
EnviroGold Global unveiled its Rapid Deployment Pathway (RDP), a structured framework that moves tailings reprocessing projects from initial evaluation to commercial deployment faster than traditional mining routes. The RDP combines staged assessments, pilot testing, and industrial demonstrations to de‑risk projects...
Metso introduced its Grate Kiln system, a next‑generation pelletising solution designed to meet the stringent demands of direct‑reduction iron (DRI) and low‑carbon steelmaking. The kiln combines rotary technology, independent grate‑kiln‑cooler control, and advanced combustion to deliver pellets with high cold‑crush...
UAE‑based Mubadala Energy has secured the Southwest Andaman exploration block off Indonesia, marking its fifth concession in the Andaman Sea. The 100% operated production sharing contract under Indonesia’s Gross Split scheme adds to its multi‑TCF discoveries in the deep‑water basin....
B2Gold reported 2025 drilling results from its Back River district in Nunavut, highlighting high‑grade intercepts at the Llama, Nuvuyak and Wing targets. Llama drilling returned up to 13.7 m averaging 41.95 g/t Au and other intervals above 13 g/t, supporting a resource upgrade...
Strategic Energy Resources (SER) secured more than A$400,000 (about $279,000) in Queensland’s Collaboration Exploration Initiative grants to fund drilling at its Diamantina copper‑gold and Bulimba gold projects. The Diamantina grant of A$275,000 will target extensions of mineralisation identified in historic...
Nova Minerals Ltd. is moving a massive suite of antimony mining and sorting equipment to its Estelle project via a 100‑mile winter ice road in Southcentral Alaska. Unusually cold temperatures allowed crews to construct five‑foot‑thick ice bridges capable of handling...
Rio Tinto announced on March 26 that the Diavik diamond mine in the Northwest Territories has completed its final production, ending 23 years of operation. The mine extracted more than 150 million carats and generated roughly C$7 billion ($5 billion) in contracts, half of...
Silver47 Exploration Corp. announced its membership in the Pentagon‑sponsored Critical Minerals Forum, a coalition aimed at securing domestic supply chains for defense‑critical minerals. The forum provides AI‑driven market intelligence and a project‑clearinghouse that links miners with investors and government agencies....
Chile’s antitrust regulator has approved the joint mining plan between state copper producer Codelco and Anglo American for the Andina‑Los Bronces project. The venture merges Codelco’s Andina mine with Anglo’s Los Bronces mine and targets at least $5 billion in value...
South Africa’s research agency Mintek has made water treatment a strategic priority, launching advanced technologies to tackle acid‑mine drainage and contaminated wastewater from the mining sector. Pilot projects such as the SAVMIN process in Randfontein, the cloSURE biological system in...
Pacgold Limited has mapped a 30‑kilometre gold‑antimony mineralised corridor at its St George project in Far North Queensland, extending the Fence structural zone from Big Watson to the newly defined Limestone prospect. Surface sampling at Limestone returned high‑grade assays, including 18.5 g/t...
Premier African Minerals announced that its Xinhai flotation plant at the Zulu Lithium and Tantalum Project is fully installed and moving toward commissioning in the second quarter of 2026. The plant’s flotation cells have been aligned, levelled, and connected under...
Eldorado Gold Corp. signed a Memorandum of Understanding with G Mining Services to create a preferred engineering and construction partnership. The alliance will support Eldorado’s portfolio, including Perama Hill, the Lamaque Complex, Skouries, Olympias, and McIlvenna Bay projects. G Mining...
Mali's government transferred $33 million of mining revenue to communities through the Local Mining Development Fund on March 12. The distribution follows the August 2023 Mining Code, which imposes a mandatory 10 % state stake and higher royalties while still permitting 60‑85 % foreign ownership....
Nigeria’s Upstream Petroleum Regulatory Commission has reduced idle‑well permit approvals from weeks to mere hours, aiming to boost output as crude prices hover around $100 a barrel. The fast‑track process has already cleared 500 permits in 2024, encouraging local firms...
Resolution Minerals reported a 1.85% WO3 assay from historic Golden Gate stockpiles at its Johnson Creek mill, far exceeding the typical 0.15‑0.2% grades mined worldwide. Mineralogical analysis identified scheelite as the dominant tungsten mineral with low impurity levels, suggesting a...
Geraldine Slattery, president of BHP’s Australian operations, warned that ongoing energy disruptions caused by geopolitical tensions are pushing nations to prioritize supply security over climate goals. The warning comes as oil prices have surged 35% and BHP faces pressure over...
Tonga and the United States have formalised a bilateral agreement to conduct marine scientific research for responsible seabed mineral exploration. While the Tongan prime minister hailed the pact as an "exciting development," environmental advocates warn the nascent industry could damage...
USA Rare Earth (USAR) closed a $1.6 billion U.S. government grant and $1.5 billion private investment, then agreed to buy Texas Mineral Resources for $73 million. The capital boost aims to bring its rare‑earth processing to market by 2028, fueling a projected $2.6 billion...
ASX‑listed Osmond Resources highlighted its Orion EU critical minerals project at the Swiss Mining Institute conference in Zurich. The 228‑km² Spanish deposit hosts a three‑metre‑thick seam with high‑grade rutile (up to 18.8%), zircon (up to 11.9%) and rare‑earth‑rich monazite, offering...
Iron ore prices have plunged as the market reacts to ongoing geopolitical conflicts rather than fundamentals of the metal itself. Rising input costs—particularly energy and logistics—are squeezing steel producers, prompting a sharp slowdown in production. This combination has turned the...
The Democratic Republic of the Congo’s Ministry of Mines has cancelled twelve mining titles that were issued in 2026 after the holders failed to meet legal and financial obligations, chiefly the non‑payment of annual surface fees. The revocations affect a...
Thanks to @CarlosEPascual and @CERAWeek for a great event to discuss today's energy security, geopolitical, and critical mineral challenges. #ceraweek https://t.co/fu565AXjTT
The Democratic Republic of the Congo’s weekly mineral price bulletin for March 23‑28 2026 shows a broad slide in several key exports, with copper falling to $12,718 per tonne and gold dropping to $164 per kilogram. Zinc, tin, silver and nickel also...
Yesterday, the EU struck a trade deal with Australia to secure access to critical minerals, like lithium and aluminum. According to the NYT, US tariffs pushed the deal forward. TRUMP’S TARIFFS = CREATING AMERICAN ENEMIES = PIVOT AWAY FROM UNCLE SAM. https://t.co/Suer5RGrQO
Makor Resources announced the launch of its Zambia expansion, committing US$2‑3 million this year and planning US$20‑30 million over the next few years to explore district‑scale copper assets. The portfolio covers five key corridors—Kasempa, Mkushi, Mumbwa, Kitwe and Ndola—aligned with Zambia’s goal...
Rome Resources announced its latest drilling at the Kalayi prospect in the Bisie North project, delivering the widest tin intercept to date. Hole KBDD033 returned a 20‑metre interval averaging 1 % tin, while nearby holes KBDD032 and KBDD025 showed 5 metres at...
The EPA announced an emergency waiver allowing nationwide summer sales of E15, a gasoline blend containing up to 15% ethanol, as gas prices near $4 per gallon. The move, highlighted at CERAWeek, is framed as a relief measure for consumers...
The New South Wales government announced a coordinated response to diesel distribution gaps that are affecting mining, agriculture and freight. Data from FuelCheck shows 187 stations lack diesel, including 78 in key mining regions, while 32 stations have no fuel...
Forrestania Resources has moved closer to acquiring the Johnson Range gold project in Western Australia after a new mineral resource estimate confirmed 103,500 ounces of gold, surpassing the 88,000‑ounce threshold set in its acquisition agreement. The estimate, prepared by Newcam...
Sunrise Energy Metals and U.S. tech firm I‑Pulse are investing $5 million to develop geothermal drilling in Queensland’s Millungera Basin, targeting up to an 80% project stake. The basin is estimated to hold over 611,000 PJ of thermal energy—about 600 times Australia’s...
