Today's Mining Pulse
Updated 2h ago
Uranium Royalty to acquire Sweetwater Royalties in $1.1B deal
Uranium Royalty announced a $1.1 billion acquisition of Sweetwater Royalties, valuing the target at roughly $1.9 billion including debt. The combined entity will form a U.S.-based parent slated for a Nasdaq listing, with Orion Resource Partners and Ontario Teachers’ Pension Plan taking significant stakes.
Also developing:
By the numbers: Virtus acquires DRC miner Chemaf for $30M
Sierra Nevada Sets the Stage for As Safra Drilling with High-Grade Copper and Gold Samples
Sierra Nevada Gold announced that rock‑chip sampling at its As Safra project in Saudi Arabia returned exceptionally high grades, including up to 7.63% copper and 32.9 g/t gold. The 60‑sample program highlighted a 400 m high‑grade corridor in the Central Gold Zone and an average of 3.78% copper across a 400 m strike in the As Safra Southeast target. Multi‑element geochemistry revealed strong copper‑bismuth‑tellurium associations, reinforcing the interpretation of a large, skarn‑type mineralised system. The company is now finalising a 5,000 m reverse‑circulation and diamond drilling campaign, slated to start shortly after licence approval.
Australian Developer Moves Ahead with Modular Green Hydrogen Production Plant
InterContinental Energy (ICE) announced it has secured up to AUD 1.6 million ($1.14 million) in Australian federal funding to develop a digital twin for its patented P2(H2)Node modular system. The company also signed the first licence for the node, marking the transition from...
Gold Miners Lead Early Bull Cycle Awareness Phase
Gold miners are leading the market once again. Since January 2025, their performance has far outpaced every other sector. This could mark one of the most important comebacks in mining history. So where are we in the bull cycle? I would argue we are...
Waratah Minerals Drilling Keeps Extending High-Grade Gold Mineralisation at Spur Project
Waratah Minerals' aggressive 10‑rig drilling campaign at its Spur project in New South Wales has extended high‑grade gold mineralisation in both the Consols and Spur zones. In the Consols zone, hole SPD025 added 75 m of strike continuity and 100 m up‑dip,...
Gold Mine Stops Underground Operations After magnitude-4.5 Earthquake
Newmont’s Cadia gold mine in New South Wales halted all underground operations after a magnitude‑4.5 earthquake struck just west of the site on April 15. The tremor, the strongest ever recorded in the Central West region, prompted an immediate evacuation...
Bloom Energy's Oracle Deal Spurs Scandium Boom
Congratulations to Bloom Energy $BE on their deal with Oracle The koala is absolutely thrilled to see the demand growth trajectory for bloom boxes inflect higher and higher 4kg per 100kw scandium density (Gemini screenshot below) is ~40 tonnes per GW Let’s...
Sinopec to Source Russian Oil Directly After US Waiver
Translation: With President Trump Waver, SINOPEC can but the Russian oil "DIRECTLY" without STS or intermediaries. Sinopec buys Russian oil to replace Mideast supply after US waiver, sources say
Ivanhoe Mines Posts 71,417 Tonnes of Copper Anodes in Q1 2026, Signaling Ramp‑up at Kamoa‑Kakula
Ivanhoe Mines announced that its Kamoa‑Kakula mine produced 71,417 tonnes of copper in blister and anode form in the first quarter of 2026, including 63,671 tonnes from its on‑site smelter. The result supports the company's guidance to exceed 500,000 tonnes...
Iran Reverts to State-Controlled Oil Export Model
⚾️I have no idea about the implications... but one thing is clear, they know things that we don't. ⚾️Please share your thought if you are familiar with these issues. 🛟Iran ends intermediary oil sales, returns to state-controlled export model...
YOLOv11 Model Detects Unsafe Coal Mining Behaviors
Researchers have enhanced the YOLOv11 object‑detection framework with attention and anchor‑optimization modules to identify unsafe miner behaviors in underground coal mines. The dual‑model system, combining YOLOv11 and YOLOv11‑Pose, achieved 95.7% mean average precision, 95.3% accuracy and 95.1% recall on a...
Robots Become Modern Miners, Extracting Gold From E-Waste
California was started by gold miners who dug gold out of the ground. Today I met Sina who is digging gold out of old electronics with robots. Video will be up tomorrow. Turns out there is a lot of gold (and...
New Lithium Finds Slash Battery Costs, Accelerate 100% Renewable Shift
With the discovery of 30% more world lithium resources in one year, battery-electric vehicle and stationary battery storage prices should continue to drop rapidly, facilitating world electrification and the inevitable transition to 100% WindWaterSolar across all energy sectors.
Monash Research Uncovers New Pathway to Cleaner Copper Production
Monash University researchers identified microscopic defects and trace elements in chalcopyrite that can be leveraged to improve copper extraction. The study, published in Nature Geoscience, shows that tiny amounts of silver destabilize the mineral’s surface, boosting recovery rates. This insight...
DEScycle Technology Being Tested by Cisco
London‑based DEScycle announced that Cisco will trial its modular metals‑recovery platform on printed‑circuit‑board scrap at DEScycle’s demonstration plant in Wilton, UK. The pilot will process large‑batch PCB feedstock to generate recovery data, assess cost‑benefit and evaluate integration into Cisco’s reverse‑supply...
15 Charts that Explain Why the Strait of Hormuz Shutdown Matters for the Global Economy
The United States announced a blockade of the Strait of Hormuz on April 12, effectively shutting down one of the world’s most vital commodity corridors. The closure halts exports of crude oil, LNG, jet fuel, diesel, ammonia, sulfur, helium and...
Explorers Podcast: GoldArc Targets Big Leonora Find as Production Nears
GoldArc Resources is accelerating drilling across its Leonora North and South projects in Western Australia while forging mining partnerships to generate cash flow from existing assets such as Mount Stirling and Stirling Well. The company plans to launch a campaign‑style...
2026 IS THE PERFECT STORM: How Constrained Oil Supply, Record Commodity Demand, Rising Budget Deficits, & a Dovish Fed Are...
The article warns that 2026 is a “perfect storm” for hard assets as constrained oil supply, surging commodity demand, expanding US deficits, and a dovish Federal Reserve converge. Iran’s new toll‑gate strategy in the Strait of Hormuz creates a structural...
Iran Conflict Fuels Massive Commodity Price Surges
Since the start of the Iran war... Sulfur: +67% Jet Fuel: +66% Urea: +51% Diesel: +50% Heating Oil: +40% WTI Crude Oil: +37% European Natural Gas: +34% Gasoline: +32% Fertilizer: +31% Brent Crude Oil: +31% Coal: +14% Palm Oil: +10% Iron Ore: +7% Rice: +4% S&P 500: +1% $VIX: -8%
Echoes of DeGrussa: New Wave of Explorers Drive Murchison Copper Revival
The Murchison region of Western Australia, once revitalised by Sandfire’s 2009 DeGrussa copper‑gold discovery, is seeing a fresh surge of exploration as copper prices hit record highs. ASX explorers BOA Resources, Solstice Minerals and Neometals have secured new tenements and...
African Mining Attracts $250 Billion ESG‑Linked Investment Wave
Africa’s mining industry is drawing an estimated $250 billion of ESG‑linked financing as demand for copper, cobalt, lithium and rare earths is set to quadruple by 2035. Structured instruments such as sustainability‑linked bonds and ESG‑linked loans are unlocking capital for projects...
Omai Soars on Resource Update in Guyana
Omai Gold Mines announced a 22% increase in its contained gold, lifting total resources to 8 million ounces and upgrading roughly half into higher‑confidence categories. The update propelled the stock 10% higher to a record C$2.34 per share, valuing the company...
World Lithium Reserves Surge, Fueling Full EV Transition
New data: no shortage of lithium in the world for a 100% WWS transition. @USGS says known world lithium resources increased by 30% in one year, from 115.1 in 2024 to 150 million tons in 2025. That is enough for 19 billion...
Argentina to Start 8 New Lithium Projects by 2030
Argentina plans to commission eight new greenfield lithium projects by 2030, more than doubling its installed production capacity to 409,000 metric tonnes of lithium carbonate equivalent (LCE). The projects, ranging from Rio Tinto's 60,000‑t/yr Rincón to smaller 8,000‑t/yr developments, will...
Copper Rises to 6-Week High as Iran Talks Raise Hopes
Copper surged 1.8% to $13,284.50 a ton on the London Metal Exchange, reaching its highest level in six weeks. The rally follows renewed optimism that the United States and Iran will resume peace talks and that Tehran may pause shipments...
Deep-Sea Wildernesses Are More Important than the Promise of Seafloor Mining (Analysis)
Deep‑sea ecologist Andrew Thaler recounts his 2008 Solwara I expedition, concluding that the hydrothermal‑vent ecosystem’s unparalleled biodiversity and fragile connectivity make commercial mining untenable. The site, rich in copper, gold and rare‑earth metals, also hosts unique species such as Alviniconcha snails,...
U.S. Will Let Iran Oil Waiver Expire as Blockade Tightens Grip on Global Flows
The Trump administration will let the 30‑day waiver that permitted Iranian oil shipments at sea expire on April 19, tightening the sanctions blockade. The waiver, issued on March 20, had allowed roughly 140 million barrels of Iranian crude to reach global markets, easing...
European Gas Prices Plunge to 7‑Week Low Amid Oversupply
CHART OF THE DAY: European natural gas benchmark prices (TTF) fall to 7-week low. Current prices are about the same as in late-January, when I don’t remember anyone in Brussels (or Frankfurt) talking about a crisis and/or inflation problem. LNG market...
IMF Adds Olive Oil to Its Commodity Basket.
I just realized the IMF has expanded the basket of commodities it tracks, adding olive oil (among others). I think my job is done here.
Phenom Engages Energold for Dobbin Drilling
Phenom Resources announced a drilling contract with Energold Drilling USA for its Dobbin project in Nevada. The agreement covers up to 14 core holes, totaling 5,120 metres, pending final Forest Service permit approval. Phenom has identified a 2.1‑km gold‑in‑soils anomaly with...
Yttrium Prices Surge 140‑Fold Amid China Restrictions
ICYMI Rare earth yttrium hits new high, up 140-fold in 1 year on China curbs Crazy https://t.co/IlKp0JP6Ny via @NikkeiAsia
Tiger Gold Doubles Down at Ceibal, Strong Buy
New pick @tigergoldcorp doubles down at Ceibal, with 2 rigs targeting a large-scale #gold system inside the broader 20k-meter program across the Quinchía project in Colombia’s Mid-Cauca belt. The corridor is already showing scale. Stock is a Strong Buy: https://t.co/znPTsmgY4L
Liberia: Koung Visit Sparks Gold Revenue Shock
Vice President Jeremiah K. Koung’s recent tour of the Bea Mountain Mining Company revealed that the operation may be extracting up to 1,271 kilograms of gold per month, far higher than the company’s reported 900 kilograms. The higher output translates...
Phase II Drills Confirm 1.9 Km Silver‑Gold Vein
Phase II drills at @Pacifica_Silver's Claudia project confirm the vein now stretches 1.9km—14 of 16 holes intersect #silver-#gold mineralization. See JVs Dig the Definition & his important statement after the map. Stock still in Buy range, won't be forever https://t.co/CDliwrkZwb
Montage Expands West Africa Presence with New Mauritania Exploration Permits
Montage Gold (TSX:MAU) secured five green‑field exploration permits covering more than 2,100 km² in northern Mauritania, marking its first entry into the country. Four permits were awarded in the Sfariat block and an 80%‑owned permit in the Zednes block, both considered...
DRC Central Bank Receives First Refined Gold Ingots Under New Reserve-Building Programme
The Democratic Republic of the Congo’s central bank has received its first batch of refined gold ingots, marking the launch of a state‑led reserve‑building programme. The delivery follows a February contract between the central bank and DRC Gold Trading SA,...
ExxonMobil, Energean, Helleniq Energy to Sign Contract for Exploratory Drilling Offshore Greece
ExxonMobil, Energean and Helleniq Energy will sign a contract with Stena Drilling to begin exploratory drilling in Greece's Block 2 offshore in the Ionian Sea. The operation, slated for February 2027, will employ a deep‑water vessel capable of drilling to 35,000 feet. This...
Escalating Bidding Wars For Physical Crude Oil Delivery And Implications For Silver And Gold
A surge in bidding wars for physical crude and LNG has erupted after the Strait of Hormuz blockage cut off 30‑35% of global supply. Traders in the North Sea are paying record premiums, with prompt deliveries now exceeding $150 per...
Erik Wetterling – Value Proposition In Amex Exploration, K2 Gold, and Goldsky Resources
Amex Exploration released a feasibility study confirming Phase 1 of its 100%-owned Perron Gold Mine in Québec, focusing on underground mining of the high‑grade Champagne Zone and setting the stage for a Phase 2 expansion. K2 Gold announced that the U.S. Bureau...
Heliostar Metals Targets 2027 Feasibility, 2028 Production
Expect lots of drill news from @HeliostarMetals says CEO Charles Funk. The company's Ana Paula has an upcoming feasibility study planned for 2027. Production is set for the second half of 2028. $HSTR https://t.co/gt1keXCkBg
IEA: Global Oil Market Hit by Historic Supply Shock Amid Middle East Conflict
The International Energy Agency reports that the Middle East conflict has slashed global oil supply by 10.1 million barrels per day, pulling total output down to 97 million b/d in March. OPEC+ output fell 9.4 million b/d while non‑OPEC supply dropped 770,000 b/d, creating...
Yahua Secures Lithium Export Quota From Zimbabwe After Suspension
China’s Yahua Industrial Group secured a six‑month lithium export quota from Zimbabwe, allowing it to resume shipments from its Kamativi mine after a two‑month suspension. The quota is intended to keep production stable while Zimbabwe shifts to a quota‑based system...
Critica Hits 81% Magnet Rare Earth Recovery at Jupiter Pilot, Boosting Supply Outlook
Critica Limited announced that its Jupiter Rare Earth pilot plant achieved an 81% recovery of magnet rare earths and a 71% recovery of total rare earth oxides, a 45% improvement over previous benchmarks. The results validate the project's beneficiation circuit...
Andrada Mining Reports Strong Tungsten, Copper and Tin Recoveries at Brandberg West
Andrada Mining announced that test work at Namibia's Brandberg West project achieved up to 91% tungsten recovery, 94% tin recovery and a 90% mass reduction. Grade improvements were dramatic, with tungsten rising from 0.24% to 1.45%, copper from 0.73% to...
COPP: Copper Is King Of Commodities
Sprott Copper Miners ETF (COPP) earned a Buy rating as copper demand surges from electrification and data‑center expansion, with projected consumption of 42 million tonnes by 2040. The fund offers dual exposure to commodity price appreciation and miner cash‑flow improvements via...
Rick Rule: The Coming Copper Price Shock
Rick Rule warns that decades of under‑investment in copper exploration and mine development have left the market severely undersupplied. With consumption already outpacing production, inventories are dwindling and new supply cannot materialize for another 5‑10 years. He predicts a sharp...
Agnico Eagle Mines Limited (AEM) Presents at Mining Forum Europe 2026 Transcript
Agnico Eagle Mines Limited, the world’s second‑largest gold producer, highlighted its global footprint of ten operating mines in Canada, Finland, Mexico and Australia, with 85% of output coming from its Canadian regions. The company reported $8.8 billion in EBITDA and $4.4 billion...
Powering Defense: The Strategic Metals Shaping Warfare | Fast Forward Market Briefing Transcript
The Fast Forward podcast highlighted four niche metals—cobalt, gallium, germanium and antimony—as critical to modern defense systems, from jet‑engine super‑alloys to infrared optics and ammunition. Their supply chains are heavily concentrated, with the Democratic Republic of Congo providing most cobalt...
InvestorTalk Alert: James Deckelman From Deep Sea Minerals Corp. To Host on Wednesday, April 15, 2026, at 9:00 AM EST
Deep Sea Minerals Corp. announced an InvestorTalk with CEO James Deckelman on April 15, 2026. The company recently formed a wholly‑owned subsidiary in the Cook Islands to advance a potential seabed‑mineral concession, taking advantage of the jurisdiction’s dedicated legal framework....
Future-Proofing Mining
A new webinar highlights how private 5G networks are powering autonomous mining equipment such as trucks, loaders, and drills. The session showcases real‑world deployments that boost operational efficiency while improving worker safety. By delivering low‑latency, high‑capacity connectivity underground, private 5G enables real‑time...
From Signal to Insight
Mining firms are turning to private 5G to overcome the limitations of legacy radio and Wi‑Fi networks, enabling real‑time data flow for autonomous equipment and safety systems. Ericsson and Becker‑Lasec’s partnership combines Ericsson’s private 5G infrastructure with LASEC’s Smartflow platform,...
