Today's Mining Pulse
JERA receives first LNG cargo from Australia's Barossa gas project
JERA took delivery of its first liquefied natural gas cargo from the Barossa gas project, arriving at the Futtsu LNG terminal on June 12. The Barossa field can produce about 3.4 million tonnes of LNG per year, with JERA entitled to roughly 425,000 tonnes annually, expanding its diversified supply mix.
Also developing:
By the numbers: Ganfeng invests $319M in Australian Mount Marion lithium mine
Lokesh Invites Russian Institute to Set up Rare Earth Hub in Andhra Pradesh
India’s IT minister Nara Lokesh invited Russia’s Giredmet Institute to assess a rare‑earth refining hub in north Andhra Pradesh and a full‑cycle NdFeB magnet plant in Nellore. The proposal leverages Giredmet’s advanced processing technologies to produce high‑performance magnets for electric vehicles, wind turbines and electronics. Lokesh also suggested joint labs for ultra‑pure semiconductor materials and waste‑to‑metal extraction. The initiative aims to tap regional mineral reserves and reduce India’s dependence on imported critical minerals.
Asia Coal Prices Hit 2-Year High on Indonesia Export Rules
Asia’s benchmark coal price surged to a two‑year high as Indonesia’s new export regulations delayed shipments, tightening regional supply. The Australian Newcastle coal futures for June climbed 2.4% to $152.25 a ton, the highest intraday level since late 2023. The...
Tibet Quartz Discovery Boosts China’s Self-Sufficiency Push for Hi-Tech Materials
China’s researchers have identified high‑purity quartz in Tibet’s Dinggye leucogranites, achieving silica levels above 99.995 %. The find could replace much of the material China currently imports from the United States’ Spruce Pine mine for solar‑panel and semiconductor production. The discovery...
'Making in Russia for India' Eyes Fertilisers, Critical Mineral Mining JVs
India’s ambassador to Moscow unveiled a "Making in Russia for India" strategy that seeks joint‑venture projects in fertilizers, critical minerals and mining. A flagship urea plant in Russia will churn out 2 million tonnes a year, earmarked entirely for export to...
BLM Announces 156,000‑Acre Colorado Wilderness Lease Sale for Oil Drilling
The U.S. Bureau of Land Management is set to auction more than 156,000 acres of northwestern Colorado wilderness to oil and gas firms on June 16, the largest lease sale of its kind in modern history. Conservation groups warn the move...
China NdFeB Magnet Production Surges on NEV, Robot, Wind Demand
China NdFeB magnet output rose in 2025 as NEV, robot and wind demand strengthened. https://www.metalnomist.com/2026/06/china-ndfeb-magnet-output-rose-in-2025.html
OPEC+ Raises Output Even as Hormuz Closure Remains Symbolic
With the Strait of Hormuz closed, it’s a largely symbolic decision. Still, the core OPEC+ group has agreed to another monthly oil output increase. https://t.co/3BgECMCkGK
Commentary: China’s Next Solar Bet Isn’t Manufacturing. It’s Recycling.
China, long dominant in solar manufacturing, is now targeting solar panel recycling as a strategic industry. At the ECOPV Alliance meeting officials released a white paper outlining plans to build standardized, high‑tech recycling capacity before the 2030 end‑of‑life surge, backed...
First Atlantic Nickel Showcases Awaruite; Greenland Mines Accelerates Rare Earth Deal
First Atlantic Nickel & Cobalt Corp. exhibited its high‑grade awaruite nickel‑cobalt alloy at the Critical Minerals for Defence conference, while Greenland Mines Ltd completed a rapid acquisition of the Sarfartoq rare‑earth project and sent a field team to Greenland within...
Japan Launches $20 M Rise+ Fund and $10 B Drive Plan to Secure Energy and Minerals in Emerging Asia
Japan, together with the World Bank, announced a $20 million Rise+ facility and a $10 billion Drive programme to fast‑track energy‑security grids and critical‑mineral supply chains across emerging‑market partners in Asia. The move is positioned as a Belt‑and‑Road‑style alternative that could reshape...
China's Rare‑Earth Magnet Monopoly Endangers U.S. Drone Production
China supplies almost all of the 50,000 tons of permanent magnets the U.S. needs for drones, jeopardizing the Pentagon's $1 billion Drone Dominance Program. Export restrictions and price volatility highlight a strategic vulnerability in the rare‑earth mining supply chain.
Guinea’s Simandou Iron Ore Shipment Highlights Mining Challenges
Mongabay Africa’s most‑read story of 2026 focuses on Guinea’s inaugural iron‑ore shipment from the Simandou project to China. The piece reflects growing reader interest in the country’s mining sector and the broader perils that accompany extractive development.
Extractivism Threatens Indigenous Communities in Peru‑Brazil Amazon Corridor
A joint report by Earth Insight, ORPIO, COIAB and AIDESEP warns that oil, gas and mining concessions are encroaching on the 16‑million‑hectare Yavarí‑Tapiche corridor. The study finds 10% of the corridor overlapped by hydrocarbon blocks, putting 17 isolated Indigenous groups...
Gold Prices Down B1,450 to B67,500
Thai gold prices slipped on Saturday, with gold bars falling 1,450 baht (about $41) to 67,500 baht per baht‑weight. The Gold Traders Association set buying prices at 65,961 baht for ornaments and 67,300 baht for bars, while selling prices were 68,300 baht and 67,500 baht respectively....
“Significant Milestone:” Off-Grid Mine Runs 155 Consecutive Hours on 100 Pct Renewables and Engines Off
The Bellevue gold mine in Western Australia operated for 155 consecutive hours on 100 % renewable energy, with diesel engines completely shut off. Over March the mine achieved an average renewable share of 93.8%, far exceeding its 80 % target. The hybrid...
ANWR Oil Draws Few Bids, Despite Trump’s Push for ‘Liquid Gold’
The federal auction of oil leases in Alaska's Arctic National Wildlife Refuge concluded with only nine bids, covering roughly 10 percent of the 58 available tracts. The sale generated about $3.7 million, half of which came from Alaska's publicly owned economic...
China, Tungsten and a Supply Shock in Metal Critical for War that Will Last Far Beyond Iran Conflict – by...
The Iran‑Israel conflict and ongoing war in Ukraine have driven a sharp surge in U.S. demand for tungsten, a metal essential to armor‑piercing ammunition and a host of civilian applications. Because roughly 80% of the United States’ tungsten supply comes...
Ceremony Marks Reclamation Work on Uranium Sites in Kyrgyzstan (World Nuclear News – June 4, 2026)
A ceremony in Kyrgyzstan celebrated the latest milestone of the Commonwealth of Independent States’ Reclamation of Territories of States Impacted by Uranium Mining Operations programme. Rosatom reported that more than 27 hectares of contaminated land have been reclaimed and over...
Oil Boosts Risk of Gold Miner Cost Revisions: Jefferies
Jefferies warns that sustained oil prices of $90‑100 per barrel could push gold miners' all‑in sustaining costs (AISC) up 5%‑9% through the second half of 2026, despite record bullion prices boosting earnings. The bank notes that most miners built 2026...
Arakompa Starts to Look Like K92’s Next Ore Source
K92 Mining released its sixth batch of drill results from the Arakompa deposit, located just 4.5 km from its Kainantu processing plant in Papua New Guinea. The data include several high‑grade intercepts, such as 91.55 g/t gold over 1.7 m and 15.11 g/t gold...
Bolivia Unrest Puts World-Class Lithium Assets at Risk
Bolivian President Rodrigo Paz has tabled a state‑of‑exception bill that would broaden military authority to intervene alongside police during ongoing protests, now in their 36th day. The measure follows recent legislation easing military deployment restrictions and is presented amid blockades...
Russia Says It Mined Enough Gold to Beat China
Russia's natural resources minister announced that the country could mine between 480 and 500 tonnes of gold in 2025, a level that would surpass China and make Russia the world's top producer. The claim is roughly 50% higher than the...
Jubilee Metals Resumes Roan Operations, Advances Copper Recovery and Processing Upgrades in Zambia
Jubilee Metals has completed its annual maintenance shutdown and restarted the Roan concentrator in Ndola, Zambia, aiming for a run‑of‑mine throughput of 30,000 tonnes per month. The restart includes processing of roughly 140 tonnes of previously stockpiled fine copper concentrate...
Tenke Fungurume Mine Moves to Restore Operations After Brief Strike Disruption in DRC
China’s CMOC Group announced that the Tenke Fungurume Mine in the DRC ended a brief strike that began on June 1 over a contested collective bargaining agreement. The company warned it will dismiss workers who do not return, while rewarding non‑striking...
Gold and Antimony in One Permit: Rua Gold’s Positive PEA Lands in a Fast-Track Jurisdiction
Rua Gold Inc. announced a positive Preliminary Economic Assessment for its 100%‑owned Auld Creek Gold‑Antimony project in New Zealand. The study projects an after‑tax NPV5% of about US$42 million at base‑case prices, rising to roughly US$113 million at spot gold, with a 5.5‑year...
Trump Admin Tries Again to Revive Dying Coal Industry
President Donald Trump announced a $700 million injection of Defense Production Act funds to prop up the U.S. coal sector. The money will upgrade 14 aging plants and finance new coal facilities in Alaska and West Virginia, the first such builds...
Codelco’s El Teniente Obtains The Copper Mark & The Molybdenum Mark
Codelco’s El Teniente division has secured The Copper Mark and The Molybdenum Mark, the mining industry’s premier responsible‑production certifications. The independent audit applied the new RRA 3.0 framework, reviewing 33 criteria and 171 specific requirements, with El Teniente achieving full compliance on...
American Lithium Minerals, Inc. (OTC: AMLM) Signs Letter of Intent for Canadian Listing of the Piscau‑North Project for a Deemed...
American Lithium Minerals (OTC: AMLM) signed a Letter of Intent to sell its 100%‑owned Piscau‑North polymetallic project in Quebec to 1539914 B.C. Ltd. via a reverse takeover. The deal values the project at a deemed $6 million, issuing 20 million shares at...
Nth Cycle and Ionic Rare Earths Team up to Develop US Rare Earth Refining
Nth Cycle and Ionic Rare Earths have signed a joint development and licensing agreement to embed Nth Cycle’s proprietary electro‑extraction technology into Ionic’s rare‑earth recycling and refining operations. The partnership will debut at Ionic’s Belfast facility in the fourth quarter...
Tin Prices Surge as DRC Mineral Export Forecasts Signal Mixed Market Performance
Tin prices in the Democratic Republic of Congo are set to jump to $53,440 per tonne for the week of June 1‑6, up $3,217 from the prior week, marking the strongest gain among the country’s key mineral exports. By contrast, copper,...
REalloys Signs LoI with Patriot for US Rare Earth Supply
REalloys has signed a non‑binding letter of intent with Patriot Exploration & Mining, giving it priority access to up to 30% of Patriot’s U.S. rare‑earth production pending a definitive offtake deal. Patriot claims a domestic resource of roughly 2 billion tonnes...
Trump Administration Proposes 10%-12.5% Tariffs on Forced‑Labor Imports, Sparing Rare Earth Minerals
The Trump administration announced a draft plan to levy 10% tariffs on 16 trading partners and 12.5% on 44 others for alleged forced‑labor imports. Rare earth minerals, vital to smartphones and electric vehicles, are among the exemptions, a move that...
AstroForge Completes DeepSpace-2 Assembly, Targets Asteroid Flyby
Asteroid‑mining startup AstroForge finished assembling its DeepSpace‑2 spacecraft, a $5 million, sub‑$10.5 million mission slated for a Falcon 9 rideshare launch with Intuitive Machines’ IM‑3 lunar lander. The build marks the company’s first fully integrated modular platform after a failed Odin mission last...
Tom Drivas on Why Appia Rare Earths Has Positioned Itself Across Three of the World’s Most Strategic Rare Earths and...
Appia Rare Earths & Uranium Corp. is advancing projects in Brazil, Saskatchewan and Ontario, leveraging a $10 million partnership with Ultra Rare to develop ionic‑clay and hard‑rock rare‑earth deposits. In Saskatchewan, the Alces Lake project boasts monazite grades over 80% and...
How Can Bauxite Processing Be Made More Ecologically Sound?
An Australian consortium led by Queensland Alumina is testing a new process to dramatically reduce the red‑mud waste generated by bauxite refining. The pilot aims to convert up to 90% of the alkaline residue into usable construction aggregates and to...
Response to UK Government Call for Evidence on Critical Minerals
London Mining Network (LMN) submitted evidence to the UK Business and Trade Sub‑Committee, challenging the government’s Critical Minerals Strategy that targets a near‑doubling of copper and an eleven‑fold rise in lithium demand by 2030. LMN argues that such expansion will...
Zine: Global Resistance to Glencore
A new printable zine from the London Mining Network spotlights Glencore’s controversial mining operations across the Democratic Republic of Congo, Peru, Brazil, Colombia and South Africa, linking them to human‑rights abuses, toxic pollution and deforestation. The guide documents how these...
China Tightens Grip on Greenland Rare‑Earth Project as US Defends 6 GHz Wi‑Fi Policy
China is intensifying its push to secure a Greenland rare‑earth mining venture even as Greenland's authorities have halted the project. The move coincides with a broader U.S. effort to protect its 6 GHz Wi‑Fi spectrum policy, underscoring a widening strategic contest...
![[REPLAY] Rebecca Hunter: Life As A Uranium Explorer](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_nologo/2862374/2862374-1613085518959-c8592d1bd21bb.jpg)
[REPLAY] Rebecca Hunter: Life As A Uranium Explorer
In this episode, Rebecca Hunter, VP of Exploration at Forum Energy, walks listeners through her journey from a Saskatchewan upbringing in potash mining to leading uranium exploration projects in Nunavut’s Thelon Basin. She explains how the Fukushima disaster reshaped the...
Great Atlantic Resources Updates Pilley’s Island Project, Newfoundland
Great Atlantic Resources (TSXV:GR) reported that its partner HM Exploration has completed the first five drill holes of a 2,500‑metre maiden diamond‑drilling program at the Pilley’s Island VMS project in north‑central Newfoundland. The initial 1,088 metres intersected massive, semi‑massive and disseminated...
Conrad Secures Drilling Rig for Mako Gas Field Off Indonesia
Conrad Asia Energy, through its West Natuna Exploration Limited subsidiary, signed a binding agreement with PT Pertamina Drilling Services Indonesia and the ADES consortium to deploy the Admarine 502 jack‑up rig for six development wells at the Mako gas field offshore...
URU Ground Survey Refines Additional Targets at South African Nickel Project
URU Metals announced that its ground geophysics program at the Zeb nickel project in Limpopo has refined the definition of Target 2, revealing a more complex magnetic signature than Target 1. While Target 1 stays the primary drilling focus, the new data will...
PLS Opens Australia’s First Mine-Site Lithium Mid-Stream Processing Facility at Pilgangoora
Pilbara Minerals (PLS) has inaugurated Australia’s first mine‑site lithium mid‑stream processing plant at its Pilgangoora operation in Western Australia. The demonstration facility uses electric flash calcination to convert 27,000 t of spodumene concentrate per year into about 3,000 t of lithium phosphate,...
Aureka Drone Blitz Unlocks Prime Targets in Stawell Corridor
Aureka Limited has deployed high‑resolution drone‑borne magnetics over its 100% owned Irvine gold project in Victoria, uncovering a network of previously hidden subsurface structures. The new dataset, collected on 50‑metre line spacings, pinpointed several high‑priority anomalies, including the North Resolution...
AT4’s Fingerprinting at Little Emma Points to Evidence of District-Scale Antimony
American Tungsten & Antimony (AT4) reported Phase 1 drilling at its Little Emma prospect in Utah, extending a high‑grade antimony zone with 10.37 m averaging 3.98% Sb, including 4.57 m at 8.56% Sb. The program now totals 30 holes and 1,970 m, confirming continuity...
Mali 'Road Insecurity' Delays Resolute Equipment Delivery
Mali’s escalating road insecurity, driven by jihadist activity, has delayed the delivery of essential processing equipment to Resolute Mining’s Syama gold project. As a result, Resolute cut its quarterly output guidance for the operation, though it kept its full‑year production...
Indonesia's Low 2026 Nickel Quota Sparks Supply Worries
Indonesia approved only 190mn-200mn t of 2026 nickel mining quotas, raising ore supply concerns. https://www.metalnomist.com/2026/06/indonesia-nickel-mining-quota-approval.html
Big Oil Skips Alaska ANWR Lease Auction, only Two Bidders
Only two bidders participated in the Trump administration’s auction for drilling leases in Alaska’s Arctic National Wildlife Refuge as big oil companies sat out the sale https://t.co/8uOnH98PPJ
Depleting Inventories Set up Summer Oil Price Surge
Oil prices are "high." The depletion of inventories has kept them from going higher. But when we reach the bottom of the barrel later this summer, the 2nd leg of the energy shock will hit. THE OIL-PRICE SPIKE CLOCK IS TICKING....
PLS Opens New Lithium Plant, Invites Competitors
PLS ‘welcomes’ rivals to share in new lithium plant, opened next to Pilgangoora mine https://t.co/0WKUfkjuKh