What's happening: Teck American to sell Utah’s Apex Mine to Blue Moon Metals
Teck Resources’ subsidiary Teck American will transfer full ownership of the Apex mine in Utah to Blue Moon Metals under a sale and purchase agreement signed in February 2026. Blue Moon will issue roughly 7 million common shares, representing about 8 % of its equity, and will pay Teck a 0.5 % net smelter royalty capped at $1 million.
Also developing:

Eastern Pacific Shipping (EPS) has placed two additional 306,000 dwt VLCC orders with China’s Hengli Shipbuilding, expanding its fleet to ten VLCCs at the yard. The vessels are part of a five‑ship order slated for delivery in 2029‑2030, completing a broader five‑year program that began in 2025 after a seven‑year hiatus from the VLCC market. EPS’s renewed focus on ultra‑large crude carriers follows years of concentration on aframax, suezmax and MR product tankers. The move reinforces EPS’s strategy to rebuild crude‑tanker exposure and deepens its partnership with Hengli.

Middle Eastern oil powerhouses, led by the UAE and Saudi Arabia, are accelerating multibillion‑dollar clean‑energy programs that span solar, wind, nuclear, and green‑hydrogen. The region’s renewable capacity is set to surge, with solar projected to grow ten‑fold and nuclear output...

Korea Marine Transport Co (KMTC) has placed a KRW 372.4 bn ($258 m) order for six 1,800‑TEU feeder containerships with HD Hyundai shipyards. The vessels are scheduled for delivery between August 2027 and June 2028, adding to KMTC’s fleet of more than 60 ships that...
Osisko Metals is spearheading the revival of Quebec’s historic Gaspé copper mine, the largest undeveloped copper resource east of the Mississippi. The company, which acquired the property from Glencore for $45 million, expects a resource update by March 31 and a preliminary...
Canadian billionaire Eric Sprott has invested C$23 million (≈ $16.8 million) for a 9.9 % equity stake in British Columbia‑focused junior American Eagle Gold. The deal, executed at C$1.20 per share, pushes the company's market capitalization to roughly C$163 million and brings its cash balance...

Japan announced a $36 billion investment in the United States as the first phase of a broader $550 billion partnership, with most of the capital earmarked for a 9.2‑gigawatt natural‑gas‑fired power plant in Ohio. The project aims to address rising electricity demand...

Nickel Asia Corp (NAC) posted a 312% jump in net income to ₱6.27 billion, driven by record nickel ore prices and a 56% rise in EBITDA. The company announced three new wholly‑owned subsidiaries to support a geothermal holding entity, a shared‑services...

The article highlights how simultaneous geopolitical tensions at the Strait of Hormuz, the Red Sea, and Pakistan’s Arabian Sea threaten global maritime trade. Iranian Revolutionary Guard warnings triggered tanker stand‑offs, navigation interference, and a surge in war‑risk insurance premiums, while...
The article expands the "mineral imperative" concept, arguing that global demand for metals and critical minerals must roughly double by 2050 to sustain development, decarbonisation, digitalisation and now defence. While population growth, urbanisation, electrification and AI have already driven material...

Cities are emerging as powerful actors in ocean governance, using port regulations, municipal procurement, and data tools to shape maritime behavior. Port clean‑air initiatives in Los Angeles and Long Beach have forced shipping lines toward lower‑emission fuels and shore power. Municipal buyers...
State‑owned QatarEnergy Marketing postponed its March Qatar Sulphur Price (QSP) announcement to 4 March, citing recent geopolitical developments. February’s QSP was set at $520 per tonne FOB, a modest $3 increase from January. The delay follows the US‑Israeli strike on Iran,...
India’s Andaman Basin is seeing a major push in oil exploration after 63.5% of the 600,000‑sq‑km no‑go zone was cleared for drilling, a move Lieutenant Governor Admiral D.K. Joshi says could help lift the country from its current $4 trillion GDP...

Botswana’s government announced a feasibility study to assess a copper refinery linked to MMG’s Khoemacau expansion. The mine has already shipped about 587,000 tonnes of copper concentrate, containing roughly 177,000 tonnes of copper, and aims to boost concentrate output to...

Konkola Copper Mines (KCM) has poured roughly $600 million into its Zambian operations since Vedanta Resources returned, prioritising underground development, infrastructure rehabilitation and AI‑driven safety systems. The capital injection has created more than 2,000 jobs, expanding the workforce to over 14,000...

Zambia’s cabinet approved two cross‑border pipelines—the Tanzania‑Zambia Multi‑Products Pipeline and the Namibia‑Zambia Refined Petroleum and Natural Gas Pipeline—to diversify fuel imports and reduce reliance on the decades‑old TAZAMA line. The projects aim to create supply redundancy, improve pricing competitiveness, and...
Kazakh miner QazMoly is close to securing up to $240 million from the U.S. Export‑Import Bank to fund its Drozhilov tungsten project, provided all output is sold to U.S. buyers. The financing would cover a large share of the mine’s capital...

A U.S. and Israeli strike on Iran broke over the weekend, prompting immediate reactions in precious‑metal markets. Because traditional markets are closed, the first price signal came from crypto‑linked gold tokens, with Tether Gold jumping 1.57% to about $5,341 per...

Oil tankers are increasingly bypassing the Strait of Hormuz following the US and Israel airstrikes on Iran, prompting major shipping lines to issue cautionary directives. While the waterway remains officially open, Bloomberg tracking shows a buildup of idle vessels both...

Rwanda’s mining authority has opened a second tranche of ten exploration blocks covering tin, tantalum, tungsten, lithium, beryllium and gemstones. The government expects more than 70 applications, aiming to double the interest seen in the 2025 round. Investors must register...

The Democratic Republic of the Congo announced strict cobalt export quotas—18,125 tonnes for Q4 2025 and 96,600 tonnes for 2026—while reserving 10% of production as a strategic stockpile. The policy, aimed at curbing smuggling, stabilising prices and capturing more domestic value,...
Singareni Collieries Company (SCCL) is preparing to bid in upcoming coal‑bed methane (CBM) auctions for three blocks in the Singareni region. The blocks, covering six districts in Telangana, hold an estimated 1.9 billion cubic metres of gas resources. Government officials have...

Following US and Israeli strikes on Iran, Yemen’s Houthi rebels announced they will resume attacks on commercial vessels in the Red Sea, ending a four‑month lull. BIMCO warns that ships linked to US or Israeli interests face heightened risk, though...
Since its September 2025 debut, the Sprott Active Metals & Miners ETF (METL) has delivered a cumulative return exceeding 50%, outpacing the broader Natural Resources sector. The fund’s portfolio is notably overweight in copper and uranium, differentiating it from gold‑centric...
SQM reported FY2025 revenue of US$4.576 billion, a modest 1 % increase, while net income surged to US$588 million, reversing a US$404 million loss from the prior year. Gross profit rose to US$1.353 billion, and fourth‑quarter revenue jumped 23.3 % to US$1.324 billion, with net income up...

U.S. forces captured Venezuelan President Nicolas Maduro in a January 2026 raid, removing the military threat to Guyana’s Essequibo region and clearing the path for the country’s oil expansion. Guyana’s offshore Stabroek Block, operated by ExxonMobil with Chevron and CNOOC,...

Chile’s Ministry of Health has authorized copper slag as an artificial aggregate for road and infrastructure projects under Supreme Decree 46, effective 12 February 2026. The decree permits use only after sanitary approval and confines applications to specified construction uses....

DELKOR India has completed a two‑month revamp of Tata Steel’s 145 m² horizontal belt filter in West Bokaro, a unit that operated continuously for 19 years. The upgrade introduced a site‑spliced 4.2 m belt, redesigned vacuum boxes and airboxes, and a stainless‑steel...

Daughter Craft No. 3, commissioned by Purus, is in final outfitting ahead of sea trials, with Volvo Penta IPS drives now installed. The vessel features IMO Tier 3 exhaust after‑treatment to curb emissions and has undergone extensive CFD and tank testing for optimal...

NASA’s Carbothermal Reduction Demonstration (CaRD) successfully used a solar concentrator, mirrors and software to heat simulated lunar regolith and generate carbon monoxide, a precursor to oxygen. The test confirmed that sunlight‑driven chemistry can extract usable gases from moon‑soil without Earth‑supplied...

Permian Resources Corp. says a wave of asset divestitures is looming as large oil‑and‑gas players unwind recent mega‑deals, and the Midland‑based operator is ready to act. The company can comfortably spend up to $3 billion on acquisitions through 2027 without stretching...

Nike has appointed long‑time manufacturing executive Cimarron Nix as its new chief sustainability officer, effective March 15. Nix will report to COO Venkatesh Alagirisamy and relocate from Singapore to Nike’s Beaverton headquarters. She succeeds Jaycee Pribulsky, who departed for a...
Assistant Secretary of Defense Michael Cadenazzi joined a live event with Ryan Evans to assess the current state of the U.S. defense industrial base. The dialogue covered a surge of venture‑capital‑backed startups, the dominance of legacy primes, and the urgent...

The UK OECD National Contact Point has ruled a complaint from Senegalese artisanal fishers against the Grand Tortue Ahmeyim (GTA) gas platform admissible. The complaint alleges pollution, denied fishing access, and an inadequate environmental impact assessment by BP and partners....

NatPower Marine warns that the UK’s flagship shore‑power projects in Aberdeen and Portsmouth are faltering because soaring industrial electricity prices and a punitive pricing framework make diesel generators cheaper than grid‑connected power. The company attributes the delays to structural policy...

Enaex has commissioned a fully electric mechanised emulsion charging unit at Minera Santa Cruz (MSC) gold‑silver mine in Argentina. The 100 % electric system eliminates diesel engines, cutting underground emissions, noise, and ventilation costs while boosting safety. Jointly developed with MSC,...
UK hot‑rolled coil (HRC) prices are trading at an average €62 per tonne discount to north‑European benchmarks after Tata Steel UK closed its last blast furnace in September 2024. Imports have surged from 770,000 t in 2023 to 1.4 million t in 2025,...

The U.S. Department of Justice filed a civil forfeiture complaint to permanently seize the motor tanker Skipper and its 1.8‑million‑barrel Venezuelan crude cargo. Authorities seized the vessel off Venezuela in December 2025 after it operated without nationality and falsely claimed...

A worker died in an early‑morning incident at Prospect Lithium Zimbabwe's processing plant, specifically in the conveyor‑belt section. Police arrived later in the afternoon and the body remained on site for almost twelve hours before being released to relatives at...

Chinese battery giant CATL and German automaker BMW have signed a letter of intent to deepen their partnership, targeting data exchange for the EU battery passport. The two will run pilot projects using the Catena‑X open data ecosystem to enable...
Super Copper Corp. announced an upsized brokered private placement, now targeting $6 million in net proceeds, up from its original $2 million goal. Each unit consists of one common share and a warrant exercisable at $1.15 for three years, with closing expected...
MP Materials posted a fourth‑quarter revenue of $52.7 million and net income of $9.4 million, buoyed by a U.S. Department of War price‑floor agreement. The company recorded a 12% year‑over‑year increase in rare‑earth oxide concentrate, producing a record 50,692 metric tons, and more...
Maersk announced it will reroute several U.S. and other services from the Red Sea to the Cape of Good Hope, citing unforeseen security constraints in the region. The changes affect both ME11 and MECL routes, with one westbound and two...
Gunnison Copper (TSX:GCU) lifted its preliminary economic assessment, pushing the project’s net present value to $1.95 billion and the post‑tax IRR to 23% while extending mine life to 21 years. Capital spending rose 18% to $1.54 billion, reflecting operational upgrades such as...
National and international NGOs condemned the Quevedo Criminal Court's decision to imprison three environmental defenders for four years and impose a fine of fifteen basic salaries. The rulings are part of a broader wave of criminalisation targeting 32 activists opposing...
Silver has become a strategic material for the clean‑energy transition, with solar photovoltaics now accounting for roughly 17% of global silver demand. Primary ore grades are falling, pushing the industry toward higher‑grade, above‑ground sources such as retired solar panels that...

California’s Air Resources Board has set an August 2024 deadline for companies to file mandatory greenhouse‑gas (GHG) emissions reports covering Scope 1 and Scope 2 emissions. The state’s climate‑action statutes, including AB 32 and SB 32, require detailed carbon accounting to enforce its cap‑and‑trade...
Manganese X Energy is moving its Battery Hill pre‑feasibility study forward in New Brunswick by launching a targeted geotechnical drilling program—three holes totalling about 550 metres—and deepening metallurgical process optimization with Kemetco Research. ABH Engineering is steering the PFS schedule and...

Serval Resources has launched its 2026 exploration programme on two licences owned by Kalahari Copper Limited (KCL) in Botswana’s Kalahari Copper Belt, following a conditional agreement to acquire KCL. The first activity is a ground magnetic survey on licence PL061,...
High‑tech mining has embraced automation, AI‑driven haulage and remote operation centres, yet firms struggle to recruit young engineers. Despite the sector’s digital transformation, a perception gap and limited exposure in STEM pipelines keep talent scarce. Universities lag in offering curricula...
Tariff volatility under the Trump administration is forcing U.S. brands to rethink where they source products. Executives like Brooklinen's COO note that shifting production to a new country takes months, not weeks, and domestic cotton supplies are limited. Companies are...