Know What's Happening in Mining
Know What's Happening in Mining
Lindian Resources Secures $100M to Advance Malawi Rare Earths Project
Lindian Resources, an Australian ASX‑listed company, has raised $100 million to fund the first stage of its Kangankunde Rare Earths Project in Malawi. The financing will be used debt‑free, replacing a previously planned $32 million loan, and aims to start production in 2026.
Ghana's minority caucus voted en bloc to reject the Barari DV lithium mining agreement, raising alarms over alleged influence by mining magnate Ibrahim Mahama. The decision highlights growing political scrutiny of the country's mineral sector as it seeks to balance foreign investment with governance concerns.
India’s coal ministry announced that the country produced a second consecutive 1 billion‑tonne haul of coal on March 20, 2026, marking a repeat of the 2025 milestone. The surge in output has helped thermal power plants maintain record coal inventories, cushioning the grid...
Vedanta Ltd reported reusing more than 85 million cubic metres of water across its mining and metals operations in FY26, achieving a 31 percent water‑recycling rate that ranks among the highest globally for water‑intensive sectors. The company’s three‑pillar strategy—recycle, conserve, replenish—underpins its...
China’s JDC raises its Jinsha stake, backing Shapinggou’s 2029 start and future molybdenum processing. https://www.metalnomist.com/2026/03/chinas-jdc-raises-stake-in-major.html
Explosion hits Chinese rare earth producer Baogang, raising uncertainty over safety checks and rare earth supply. https://www.metalnomist.com/2026/03/explosion-hits-chinese-rare-earth.html
Panda Perspectives releases a comprehensive 2026 update on aluminium and copper, noting copper’s intraday peak of $14,527 per tonne and a current level near $12,250, while aluminium has risen 34% YTD to $3,342 per tonne. The rally is driven by...
Greenland resources face extraction hurdles as geopolitics rises, while rare earth and molybdenum projects seek financing. https://www.metalnomist.com/2026/03/greenland-resources-face-extraction.html
Gold junior stocks have slumped more than 30% as the sector wrestles with the steepest price retreat in six years, yet the metal still trades about 35% above its 2025 average. Rumble Resources (ASX: RUM) has fallen to a $53 million...
Researchers at Lijiayao Coal Mine applied a multi‑method system to pinpoint the water‑conducting fractured zone height above the 82209 near‑horizontal working face. Empirical formulas yielded a broad 56.09‑135 m range, while key‑strata theory estimated 66.9 m. Field boreholes measured 64.52 m and 113.58 m,...
BHP and Freeport‑McMoRan have lodged environmental permit applications for copper projects worth more than $12.5 bn in Chile, the largest combined filing in recent years. The moves, timed with President José Antonio Kast’s deregulation agenda, aim to extend mine lives and...
What can Canada do to help address the global shortage of oil and gas caused by the war in Iran? #canada🇨🇦 #canada #energy
US Treasury says there are 140 million barrels of Iranian oil "stranded" on the water. That's misleading -- if not false. There're about 100 million barrels of Iranian oil on their way to China, and probably another 40 million on...
On Feb. 20, 2026 the U.S. Forest Service released a proposed rule that replaces the 1974 subjective “significant disturbance” test with objective, acreage‑based thresholds for locatable‑mineral activities on National Forest lands. The rule creates a new Operating Notice track for...
🟥TRUMP’S SURPRISE IRAN OIL U-TURN: 30-Day Waiver Unlocks 140M Barrels: ▪️Will IT LOWER OIL PRICES? (ask your company to subscribe) Link: https://t.co/XUVxhDoQuD
In the case of critical minerals, China did not take our lunch – we left it on the table #energysky -- via Renew Economy: https://t.co/uaCC7MtyTC https://t.co/EiINT5rfwB
Oil prices are edging toward $100 a barrel for Brent crude as the Iran war disrupts the Strait of Hormuz, pushing national gasoline averages to $3.91 and squeezing low‑income households. Economists warn the ripple effect will raise costs for everything...
Canadian developer BMI Group has assembled five former industrial sites in Ontario and Quebec into a “Critical Minerals Corridor” aimed at bolstering the North American battery supply chain. The repurposed pulp and paper mills now serve as deployment‑ready hubs equipped...
Australian‑born entrepreneur Nick Wakim saw his wealth triple to nearly US$3 billion as lithium prices surged three‑fold, propelling Phoenix Lithium to a US$5.5 billion valuation. The rapid price increase lifted Wakim 80 places on the 2026 Rich List. Despite analysts warning of...
Tudor Gold has withdrawn its appeal against the British Columbia regulator’s decision, removing one legal obstacle to Seabridge Gold’s KSM gold‑copper project. The appeal concerned the Mitchell Treaty Tunnels that would run through Tudor’s claims, potentially restricting access to the...
Fact Sheet: President Donald J. Trump Strengthens U.S.-Japan Alliance for the Benefit of All Americans Under a new Memorandum of Cooperation, the two nations will accelerate joint research and development and industry cooperation on commercially-viable development of deep-sea critical minerals...
Fluvanna County’s Board of Supervisors approved a 4‑1 vote for Tenaska’s 1.5‑gigawatt Expedition Generating Station, a natural‑gas plant, granting a special‑use permit, higher smokestack allowances, and restrictive covenants. The deal promises roughly $250 million in tax revenue and includes a $5 million...
U.S. resin exporters are seeing a surge in container bookings as the Iran‑Israel conflict disrupts the Middle East’s dominant plastics supply chain. On March 16, Vizion recorded 6,191 daily export bookings, nearly double the 3,500‑4,500 range typical for 2026. The first...
The Bureau of Land Management, under the Trump administration, has released two plans to open more than one million acres of California public lands to oil and gas drilling and fracking, including areas adjacent to Yosemite, Sequoia, and other national...
Gold miners’ Bullish Percent Index plunged to a near‑record 3.7, signaling extreme bearish sentiment. Despite the panic, gold prices hover around $4,500 per ounce and geopolitical tensions remain high. The Federal Reserve has completed its aggressive tightening cycle, removing a...
The International Seabed Authority (ISA) has yet to finalize its mining code, leaving deep‑sea mining without a binding international regulatory framework. ISA Secretary‑General Leticia Carvalho urged completion by year‑end, but the March 19 meeting adjourned without a clear timeline. Meanwhile, the...
A rockfall at depth 1,100 m in Boliden’s Garpenberg mine on March 14 triggered a pressure wave that injured six workers, all now discharged. The incident prompted evacuation and halted production at the concentrator on March 15. Garpenberg, Sweden’s oldest operating mine, produces...
Scottie Resources Corp. released the final results of its 2025 drill campaign at the Blueberry Contact Zone, part of the Scottie Gold Mine Project in British Columbia's Golden Triangle. The company announced a fully‑funded 50,000‑metre drill program for 2026, aimed...
Diesel retail prices jumped to $5.18 per gallon, up sharply from $3.81, while the cost of diesel exhaust fluid (DEF) has remained flat around $4.30‑$4.60 per gallon. The raw material for DEF—urea—saw its benchmark price surge from $482.50 to $712.50...
Pirate Gold Corp has begun drilling at the Crippleback Lake target within its 78,600‑hectare Treasure Island Project in central Newfoundland, following high‑grade results at the Moosehead zone. The Crippleback area is characterized by intense alteration and surface gold‑copper‑molybdenum mineralization, suggesting...
The United States and Brazil’s Goiás state signed a memorandum of understanding to explore and locally process critical minerals, marking Washington’s first direct mining pact with a Brazilian subnational government. The deal aims to secure lithium, niobium and rare‑earth supplies...
Fitzroy Minerals saw its TSXV‑listed shares jump 6.6% to C$0.405 after releasing new drilling data from its Buen Retiro copper project in northern Chile. Infill hole BRT‑DDH045 returned 384 metres grading 0.22% copper, including a higher‑grade 94‑metre interval at 0.33%...
Assuming the USS Boxer is heading to the Middle East, and considering that she only left San Diego two days ago, she won't be near the Persian Gulf until mid-April. If the reinforcements are intended to reopen the Strait of...
West Red Lake Gold Mines is initiating early design work for the Fork deposit, an untapped high‑grade gold zone near its Madsen underground mine in Red Lake. Recent infill drilling released encouraging grades and vein continuity, prompting the engineering team to...
Australian mining magnate Gina Rinehart’s Northback Holdings has filed a $2 billion claim against the Canadian government under the CPTPP’s investor‑state dispute settlement mechanism. The claim arises from Canada’s refusal to approve the Grassy Mountain metallurgical‑coal project, which Rinehart says violates...
Tropical Cyclone Narelle hit northern Queensland with 195 km/h winds, forcing Rio Tinto to temporarily close its Amrun and Andoom bauxite mines, which together produce about 30 million tonnes annually. South32 also shut the world’s largest manganese mine on Groote Eylandt...
The commentary warns that adopting crop‑based biofuels to decarbonise shipping could exacerbate Africa’s land pressure and food insecurity. Shipping accounts for roughly 300 million tons of fuel annually and 3 % of global emissions, so even modest biofuel uptake would demand large...
SANY Group and Holcim have signed a Letter of Intent worth 100 million CHF to roll out electrified construction equipment over the next five years. The deal includes delivery of 100 electric units and deployment of 20 autonomous mining trucks across...
Mkango Resources released an updated definitive feasibility study for its Songwe Hill rare‑earth mine in Malawi and a prefeasibility study for a rare‑earth separation plant in Puławy, Poland. The Songwe project forecasts 5,954 t/y of total rare‑earth oxides over an 18‑year...
Norway’s natural gas production slipped to 355.13 MMcmd in February, a 2.6 % decline from January and 0.4 % below February 2025, missing the NOD forecast by 2.1 %. Gas sales fell to 9.9 Bcm, down 1.4 Bcm from the previous month. Oil output rose to 1.97 MMbpd,...
SBM Offshore’s COO Alex Glenn detailed the Fast4Ward program, which shifts the company from bespoke FPSO designs to a standardized, modular, data‑driven model. The initiative introduces pre‑engineered hulls and topside modules, cutting delivery schedules by up to a year and...
China’s shipments of rare‑earth permanent magnets to the United States fell 22.5% year‑on‑year in January‑February 2026, marking the seventh consecutive month of decline. The US now accounts for just 9.2% of China’s magnet exports, slipping to the third‑largest buyer behind...
China pulls Silver from global markets to meet surging demand; The world's biggest buyer pulled in over 790 tons in the first two months, including nearly 470 tons in February, the highest ever for that month.
US loans ~45 millions barrels from the Strategic Petroleum Reserve — significantly fewer barrels than the 86 million the government offered as part of the SPR “exchange” first tranche.
Epiroc secured a SEK380 million (US$40.7 million) order for autonomous, cable‑electric Pit Viper 275 E blasthole drill rigs destined for African surface mines. The rigs, fully driverless and zero‑emission, will be delivered through the end of 2027, reinforcing Epiroc’s push toward electrified, automated fleets....
Oddly enough, depending on how you measure February/March, the world may have just hit peak oil
on $MP MP Materials Mountain Pass rare earth mine and processing facility will be featured on 60 minutes this Sunday. https://t.co/fMqakwaDvz preview video of MP CEO James Litinsky https://t.co/9Q7tyfTTw5
Los Angeles‑based TransAstra announced its New Moon mission, a NASA‑funded effort to capture small near‑Earth asteroids with an inflatable bag and move them to a stable Earth‑adjacent orbit. The plan, demonstrated on the ISS, could see its first retrieval launch...
Oil prices swung sharply this week as escalating war risk in the Middle East collided with a series of emergency supply measures. WTI fell to $94.13, down 3.98%, after traders weighed tanker delays in the Strait of Hormuz against strong...
The Iran‑Israel conflict is spilling into global oil markets as strikes target both the Hormuz corridor and Iran’s Kharg Island export hub. U.S. officials have responded with a Jones Act waiver, Strategic Petroleum Reserve drawdowns, and the prospect of releasing...
Ghana’s Parliament has formally ratified Atlantic Lithium’s Ewoyaa mining lease, granting the company exclusive rights to develop a lithium mine and processing plant. The 15‑year lease, renewable under Ghanaian law, incorporates the new 2025 royalty regulations, aligning fiscal terms with...
