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:
Why Are Gold, Silver Prices Falling as Crude Spikes?
Gold and silver prices slipped on April 28, 2026 as stalled US‑Iran peace talks and a 4.34% 10‑year Treasury yield dampened safe‑haven demand. MCX gold fell 0.64% to ₹151,721 (~$1,828) per 10 g and COMEX gold dropped 1% to $4,693.7/oz; MCX silver slid 1.15% to ₹241,824 (~$2,915) per kg and COMEX silver fell 1.78% to $75.57/oz. Meanwhile crude oil surged, with MCX crude up 3.28% to ₹9,106 (~$110) per barrel, Brent at $108.2 and WTI at $96.4, driven by supply tightness in the Strait of Hormuz. Markets await the Fed’s policy decision, which could influence rate‑cut timing.
Barkly Gets Green Light for 10,000m NT Rare Earths Drilling Blitz
Barkly Rare Earths secured an environmental mining licence, enabling a 10,000‑metre drilling campaign at its Northern Territory flagship project. The phase‑one resource extension will test lateral expansion of its 40 million‑tonne inferred resource, which contains 2,100 ppm TREO (about 82,000 tonnes of TREO)....
Coal Demand Concentrated: Six Nations Drive 87% Consumption
Coal consumption is more concentrated than many think. China alone accounts for over 50% of global demand, more than the rest of the world combined. The top six countries make up 87% of total consumption, with India, Indonesia, the U.S., and Australia following at...
Mining Contractors Facing 'Renewed Activity', Says Grant Thornton
Grant Thornton’s latest report says Australia’s mining contracting sector is entering a period of renewed activity, driven by strong copper and gold prices and early signs of a lithium demand rebound. The firm highlights that robust commodity markets are boosting...
Mining Contractors Facing 'Renewed Activity', Says Grant Thornton
Grant Thornton’s latest advisory report says the mining contracting sector is entering a period of renewed activity, driven by robust copper and gold prices and early signs of a lithium market rebound. The uplift in commodity prices is expected to...
Are You Using the Right Tools to Make Metal Buying Decisions?
MetalMiner’s Sage platform adds AI‑driven analysis to metal procurement, but emphasizes transparency over opaque predictions. The tool breaks down market signals, separating exchange prices from regional premiums and highlighting technical resistance levels to aid budgeting. Recent data show divergent price...
Heavy Rare Earths Separation Delivers Upside Kick for Victory at North Stanmore
Victory Metals announced that heavy‑liquid separation (HLS) at its North Stanmore project achieved a 72% heavy rare‑earth oxide (HREO) ratio, placing it among the world’s top HREE projects. The same low‑cost gravity step also produced a high‑grade zircon concentrate enriched...
ICSG Forecasts Secondary Copper Output Boost
The International Copper Study Group (ICSG) projects secondary‑refined copper output to rise 5.7% in 2027, outpacing primary refined production, which is forecast to increase 2.3%. Global refined copper usage growth is trimmed to 2% for 2027 after a downgrade to...
Tanzania: Tanzania Renews Efforts to Ensure Licensed Mines Begin Production Timely
Minister of Minerals Anthony Mavunde announced that Tanzania’s Mining Commission will keep issuing licences while tightening enforcement to ensure new mines start production on schedule. The commission will suspend or revoke licences for non‑compliance, designate zones for small‑scale miners, and...
Australian Mines Lifts Flemington Scandium Outlook with Robust Scoping Study
Australian Mines released a scoping study for its Flemington scandium project in New South Wales, projecting a post‑tax NPV8 between US$270 million and US$860 million and an IRR of 32%‑74% at a $1,500‑$3,000 per kilogram scandium‑oxide price. The study assumes an initial...
Atomic Eagle Launches 30,000m Uranium Drill Blitz at Muntanga
Atomic Eagle has kicked off a 30,000‑metre drilling campaign at its Muntanga uranium project in Zambia, aiming to boost the existing measured‑indicated resource of 58.8 Mlb U₃O₈ and uncover new deposits. The program includes infill drilling at the Chisebuka deposit to...
Diesel Consumption Shows the Decline in Coal – a Specific Symptom of a Broader Need for Renewal
Australia’s coal production has likely passed its peak, with saleable black coal falling from a 2018‑19 high of 481 Mt to about 410 Mt in 2024‑25. Diesel intensity per tonne of coal has risen 50% since 2013‑14, indicating miners are moving more...
Resolution Minerals Rocks on with Tungsten Concentrate at Horse Heaven
Resolution Minerals announced that its Johnson Creek mill site has produced a 52.3% WO₃ tungsten concentrate from historic stockpiles sourced at the Golden Gate mine in Idaho. The gravity‑separation test achieved up to 75.5% recovery and an upgrade ratio of...
China Rare Earth Research Institute Allocates $30 Million to Deep‑Processing Expansion
China Rare Earth Research Institute announced a 216 million‑yuan ($30 million) investment in deep‑processing technologies to upgrade its rare‑earth refining capacity. The move follows the discovery of 9.67 million tonnes of rare‑earth oxides at Sichuan’s Maoniuping mine and reflects Beijing’s drive to lessen...
Sandvik Secures $0 Deal for Three DR413i Rigs to Restart Glencore's Alumbrera Copper Mine
Sandvik has been awarded an order for three DR413i rotary blasthole drill rigs to help Glencore reopen Argentina's Alumbrera copper mine. The first rig arrives in April 2026, with the remaining two slated for late 2026, paving the way for...
Coal Futures Dip Below $130 as US‑Iran Talks Boost Optimism
Coal futures slipped below $130 per ton, the lowest level in more than seven weeks, after renewed optimism about US‑Iran diplomatic talks. The price retreat follows a 17‑month high of $146.5 on March 20 and reflects expectations that energy shipments...
Kingston Resources Accelerates Mineral Hill Copper Production with Successful Underground Ore Trial
Kingston Resources has fast‑tracked copper production at its Mineral Hill mine in New South Wales by completing a successful underground ore trial. The test processed 6,000 tonnes of low‑grade copper‑gold ore, yielding a concentrate of over 20% copper with an...
Trump Approves Toxic Mining on Doorstep of Boundary Waters
President Donald Trump signed a Congressional Review Act resolution that overturns a two‑decade ban on sulfide mining in Minnesota’s Superior National Forest, the headwaters of the Boundary Waters Canoe Area Wilderness. The move reclassifies the mining restriction as a non‑rule,...
The Pro-Alberta Case For Holding Weak Oil & Gas Operators Accountable
The Alberta Energy Regulator halted MAGA Energy’s operations in April 2026 after the firm failed to pay roughly $185 million USD in municipal taxes and fell behind on multiple regulatory fees. The company, which operates 581 wells, 108 facilities and 801 pipeline...
Queensland Launches Australia’s First Graphite‑to‑Anode Plant in Townsville
The Queensland government has commissioned a vertically integrated graphite‑to‑anode demonstration plant in Townsville, operated by Graphinex. The facility aims to produce battery‑grade graphite for export, marking a milestone for Australia’s emerging domestic battery supply chain.
Govt's Strategic Stakes Beat Retail Portfolios
The White House just outperformed your portfolio $USAR — Gov took 10% equity stake via $1.6B investment to onshore rare earth supply chain. $INTC — DoD stake made it a strategic national asset ; acquired at $20.47/share $AMD — Pays the...
Trump Doubts Iran's Proposal, Oil Hits Post‑ceasefire Highs
According to both the NYT and the WSJ, President Trump is skeptical of the latest proposal from Iran to end the blockade of the Strait of Hormuz (and leave nuclear talks for later). Oil prices are now the highest since...
Sungrow Rolls Out Full‑Scenario PV Inverter and Storage Platform to Meet 4,000 TWh Demand by 2030
Sungrow introduced a full‑scenario PV inverter and energy‑storage platform at the Global Renewable Energy Summit in Hefei, aiming to serve mining, hydrogen production, EV charging and microgrid sectors whose combined electricity demand could hit 4,000 TWh by 2030. The move positions...
Oil Rebounds as Clean‑tech Export Slump Accelerates Transition
Is oil king again? According to some global analysts, China's clean tech exports were gonna fall and there'd be a slowdown in global deployment Anybody that's awake to the rapid energy transition not surprised Oil crisis made it faster https://t.co/BMbEUch3Ox @ConversationEDU https://t.co/Xyx8yRhklD
Clear Street Initiates Buy Rating on REalloys as Rare Earth Crunch Intensifies
Clear Street initiated coverage on REalloys (NASDAQ: ALOY) with a Buy rating and a $35 price target, highlighting the company’s "mine‑to‑magnet" strategy that keeps rare‑earth processing entirely in North America. A U.S. defense ban on Chinese‑origin NdFeB magnets slated for...
What Will Surging Copper Demand Mean for UK Construction?
Copper demand is set to surge as the global energy transition fuels growth in data centres, electric vehicles and renewable power, pushing demand up 81% between 2025 and 2040. Construction will remain a major consumer, accounting for roughly 23% of...
Relentless Resource Expansion: The Evolution of Mont Royal’s Ashram Rare Earth Deposit
Mont Royal (ASX: MRZ) now controls the Ashram Rare Earth Project in Quebec, a deposit that has consistently expanded in tonnage and grade across multiple drill campaigns. Historical drilling delivered a standout 129.5‑metre intercept at 2.07% REO, underpinning a current...
U.S. LNG Faces Limits Replacing Lost Qatari Supply
U.S. LNG exporters have temporarily filled the gap left by Qatar’s shutdown, pushing U.S. shipments up 28% year‑over‑year to a record 32.15 million tonnes between January and April. Despite this surge, U.S. plants face maintenance schedules and the upcoming hurricane season,...
Lake Resources Advances Kachi Project with Key Tech Validations and Bridge Liquidity
Lake Resources reported steady progress on its Kachi lithium project, moving the Exploitation Environmental Impact Assessment timeline to the first half of 2026 and securing Ramsar Zone 3 zoning. The company highlighted that Lilac Solutions' Gen 5 direct‑lithium‑extraction technology, now in commercial‑scale...
Massive Silver Resource Just Got Bigger With Higher Grades and a New Indicated Core
Eloro Resources announced an updated NI 43‑101 mineral resource estimate for its Iska Iska silver‑tin project in Bolivia, effective April 2, 2026. The revision shows a larger total resource with higher average silver grades and introduces a new indicated core zone. Independent...
What’s Next for the Boundary Waters?
On April 16 the U.S. Senate voted 50‑49 to overturn a 20‑year mining moratorium protecting the Boundary Waters Canoe Area, and President Trump signed the resolution (HJ Res 140) into law. The repeal clears the way for Twin Metals, a...
Terahertz Spectroscopy and AI Enable Coal-Rock Interface Detection
Researchers have merged Terahertz Time‑Domain Spectroscopy (THz‑TDS) with machine‑learning algorithms to create a real‑time coal‑rock interface detector that achieves 96% accuracy. Using the TAS7500SP system, they captured spectral data across 0.7‑1.3 THz, applied PCA, and trained four models, with Random Forest...
Brazil Faces Loss as Russian Diesel Rerouted to Asia
Russian diesel shipments are being diverted from Brazil to other destinations, possibly Asia. 🇧🇷What would Brazil do?
Trump Signs Bill to Advance Twin Metals Copper‑nickel Project
Trump signed this bill today, giving a big boost to Antofagasta's Twin Metals copper/nickel project in northern Minnesota
DOUG CASEY'S EXPERT ROUNDTABLE SPOTLIGHTS ARIZONA EAGLE MINING: My Take as a Roundtable Member on a High-Grade Past Producer, on...
Arizona Eagle Mining (TSXV:AZEM/OTC:CNCOD) presented its McCabe gold‑silver project to Doug Casey’s Expert Roundtable, emphasizing near‑surface, high‑grade resources and recent acquisitions of three historic silver mines. The panel, including Doug Casey and a Harvard‑trained geologist, praised the company’s share structure,...
Maple Gold Mines Surges on Quebec Resource Boost
Maple Gold Mines (TSXV:MGM) announced a major resource upgrade for its Douay and Joutel projects in Quebec’s Abitibi region, adding 394,000 ounces to indicated resources and 1.77 million ounces to inferred resources—a 77% and 70% increase respectively. The Douay pit now...
Agnico Eagle’s $4bn Finnish Cash Splash Puts Focus on Nordic Gold Stocks
Canadian gold giant Agnico Eagle announced a C$4 bn (≈US$2.9 bn) package of acquisitions in Finland, buying Rupert Resources, Aurion Resources and a 70% stake in the Fingold JV. The deals give Agnico a 2,492 km² land package in the Central Lapland Greenstone...
Iran Must Deploy Old Tankers or Shut Wells
"Iran needs to use these old oil tankers. Otherwise, they need to shutter the wells. It will cause significant damage if they are forced to shut down wells." 🛢️ -- @ramahluwalia https://t.co/V2FDkHgzi2
U.S., Philippines and Japan Launch Luzon Economic Corridor and Pax Silica Hub
The United States, the Philippines and Japan unveiled the Luzon Economic Corridor and Pax Silica initiative, establishing a 4,000‑acre industrial hub in New Clark City. The project, backed by $15 million in private‑sector funding, aims to reroute semiconductor, AI and critical‑mineral...
Blue Moon Metals Confirms Final Investment Decision to Construct Nussir Project Mine, Intention to Construct the Springer Tungsten Mine and...
Blue Moon Metals announced board approval of the final investment decision to build the Nussir copper‑gold‑silver underground mine in northern Norway, targeting a 6,000‑tonne‑per‑day operation and a 13‑year life with production slated for Q3‑2027. The company also initiated planning to...
Solis Minerals Buys Rio Tinto's Brazil Lithium Project for $500,000
Australian junior Solis Minerals has purchased Rio Tinto's Brazil Lithium Project in Minas Gerais for roughly $500,000, marking its first foray beyond Peru. The deal adds a hard‑rock lithium asset to Solis' copper‑focused pipeline and underscores Brazil's rising role in...
Zambia Hosts Historic International Mine Rescue Competition for the First Time in Africa
Zambia has launched the International Mine Rescue Competition 2026, the first time the global safety event is hosted in Africa. The week‑long contest, running 26 April‑5 May, draws 22 elite rescue teams to the Copperbelt’s Mopani, Mufulira and Kansanshi sites....
Zimbabwe Just Changed the Lithium Game in Africa with First-Ever Sulphate Shipment
Arcadia Technology Zimbabwe has shipped the continent’s first lithium sulphate, marking a shift from raw concentrate exports to higher‑value battery material production. The $400 million plant, owned by Zhejiang Huayou Cobalt’s Prospect Lithium Zimbabwe, can produce about 80,000 metric tonnes annually...
Fortune Bay Hits 9.
Last week @fortunebaycorp announced that it drilled 9.9 g/t over 7.0 m within 3.7 g/t over 21.0 m in a large step-out from its Box deposit. Mining Stock Daily spoke to CEO Dale Verran $FOR https://t.co/rGZ9KV5MOL https://t.co/Fehv6RuLbW
PTX Metals Raises Cash to Drill
PTX Metals $PTX.V $PANXF Recently cashing up even more to drill their 100%-owned W3 Project. +2.3B lbs of Cu equivalent (incl Nickel and 2M oz Platinum). https://t.co/sle85oQI28
Indium Corp Gains $3.2m DOE TRACE-Ga Grant to Establish Domestic High-Purity Gallium Recovery
Indium Corp of Clinton, New York has secured a $3.2 million grant from the U.S. Department of Energy’s TRACE‑Ga program to develop a domestic process for recovering high‑purity gallium from manufacturing by‑products. The initiative marks the first effort to re‑establish U.S....
Adelayde Exploration Poised at Low
Adelayde Exploration $ADDY.CA $SPMTF Coiled nicely with its bottom in- tiny market cap. Antimony, Gold, Tungsten and Lithium.
Dryden Gold Secures Upsized Funding, Attracts Centerra, Alamos
This ain't tourist capital—that’s how JV describes @DrydenGold's upsized financing that includes both producers Centerra Gold and Alamos Gold adding to their existing positions. Remember this is a district-scale #gold story. My position is overweeeeeeight: https://t.co/O2i3kOUhxe
China’s Minerals Leverage Raises Quantum Security Concerns
A new study by Stanford, Los Alamos and CIGI warns that China's expanding control over critical minerals could jeopardize the supply chains essential for quantum computers and communications. The research highlights U.S. reliance on imported niobium and nickel‑iron alloys, where...
Westward Gold to Drill Deeper “Target Beneath Target” Zone
Drills will soon turn again at @WestwardGold's Toiyabe Hills NV #gold project. As JV says it's a "Target Beneath the Target," meaning a deeper zone sitting beneath earlier work. Read why the SSD zone is drawing attention and why JV...