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.
British Columbia announced early government backing for three critical‑mineral projects—Northisle Copper, Suns Copper’s Berg, and Defense Metals’ rare‑earth venture—by adding them to the province’s Critical Minerals Office. The move is designed to fast‑track assessment and permitting processes. Northisle is projected to generate 498 permanent jobs, while the other two projects anticipate about 200 operational jobs each and roughly 400 jobs over their lifecycles. Officials highlighted the potential for substantial investment and economic growth in the region.
The salt pyramids of Bonaire, towering white mounds on the Caribbean island, have evolved from a historic salt‑export hub into a signature visual for visitors. In the 17th‑19th centuries, Bonaire’s salt was a linchpin in trade routes linking the original...
Australian explorer Loyal Metals has used high‑resolution gravity imaging to identify a large, vertically extensive copper‑gold volcanogenic massive sulphide (VHMS) system at its Highway Reward project in Queensland. The newly defined anomaly extends well beyond the historic mine’s deepest level...
Argent Minerals reported the first visible gold at its Kempfield polymetallic project, intersected in diamond hole AKDD212 at roughly 194 m depth within Lode 100. The coarse, free gold particles occur alongside carbonate veining in sulphidic volcanic rocks, confirming high‑grade gold shoots...
EU agrees recycled plastics targets for cars, with future recycled steel and aluminium rules under end-of-life vehicles regulation. https://www.metalnomist.com/2026/02/eu-end-of-life-vehicles-regulation-sets.html
Pilbara Ports posted a record 67.9 million tonnes of cargo in January 2026, a 12% increase over the same month last year. The surge was driven by operational tweaks at Port Hedland, including revised ebb‑tide vessel guidelines and enhancements to the...
The author’s long‑standing bullish thesis on copper is now materialising, with the base metal entering a sustained up‑trend that also benefits silver. Recent market data shows copper prices accelerating as renewable‑energy projects, electric‑vehicle production, and infrastructure spending drive demand. At...
West Coast Silver’s 76‑hole air‑core scout program in Western Australia has extended near‑surface, high‑grade silver mineralisation at the Elizabeth Hill project up to 150 m north of the historic mine and into the southern Munni Munni fault corridor. Standout assays include 3 m...
Australia moves toward a fixed-price power deal to keep Rio Tinto’s Tomago aluminium smelter running after 2028. https://www.metalnomist.com/2026/02/tomago-aluminium-smelter-power-purchase.html
Alkane Resources announced the discovery of a new gold‑bearing geological structure at its Tomingley project in New South Wales, backed by both underground and near‑mine drilling. The campaign returned high‑grade intercepts, including 5.9 m at 31.0 g/t Au underground and 8.7 m at...
Regis Resources has issued an updated mineral resource statement for its 30% stake in the Tropicana joint venture, now reporting 5.4 million ounces of gold resources and 1.9 million ounces of ore reserves. The growth stems from systematic drilling that expanded mineralisation...
The United States is advancing domestic mining projects in Alaska, California, Pennsylvania and Nebraska to produce critical elements such as cobalt, copper, scandium, gallium and germanium. By securing these inputs, manufacturers can revisit alloy families previously deemed too costly or...
The Bureau of Ocean Energy Management (BOEM) has issued proposed revisions to its Outer Continental Shelf (OCS) hard‑mineral regulations, aiming to accelerate exploration and development of critical minerals. The changes align with Executive Orders 14285, 14154 and 14192, which prioritize...
Litchfield Minerals, an ASX‑listed junior explorer, has entered BHP’s Xplor accelerator and secured a US$500,000 grant to accelerate its flagship Oonagalabi copper‑zinc‑silver‑gold project in the North Australian Craton. The Oonagalabi drill program has returned broad intercepts—161 m at 0.5 % Cu and...
West African crude traders are slashing discounts as freight rates to Asia surge to a five‑year peak and the Brent‑Dubai exchange‑for‑swaps (EFS) spread widens to about $2 per barrel. The higher shipping costs and broader EFS premium have pushed West...
Kazakhstan’s state‑controlled miner Kazatomprom announced a new contract to supply fresh uranium to India, reinforcing the latter’s nuclear fuel pipeline. The deal follows earlier agreements that delivered 2,100 tonnes in 2009 and 5,000 tonnes between 2015‑19. While exact volumes were...
A tanker chartered by Reliance delivered about 100,000 tons of diesel to Rotterdam, marking the first Indian petroleum fuel cargo to reach the Amsterdam‑Rotterdam‑Antwerp hub since the EU imposed sanctions on Russian‑crude derived products. The vessel, Proteus Bohemia, loaded in India’s...
Hybrid car batteries, paired with compact rare‑earth‑based electric motors, have reshaped vehicle efficiency by enabling high‑power assist, regenerative braking, and smoother launches. Neodymium‑iron‑boron magnets deliver the torque density needed for these systems, while dysprosium and terbium protect performance at elevated...
I expect we will see similar results worldwide soon, country by country. A flattening of CO2, followed by a decline, as renewables replace coal and gas, and EVs displace gasoline/diesel.
B2Gold’s Otjikoto Mine in Namibia delivered 199,139 ounces of gold in 2025, hitting the top of its guidance range and helping the company post a record $3.06 billion in revenue. The firm’s three flagship mines collectively produced 926,434 ounces, while a...
In late 2025 and early 2026 the U.S. Coast Guard and allied forces seized three oil tankers—M/T Skipper, M/T Centuries and Bella 1—after months of multi‑source intelligence proved they were moving sanctioned cargo. The operation underscores a new enforcement paradigm: governments...
Century Lithium released an updated feasibility study for its Angel Island claystone project in Nevada, boosting its economics. The post‑tax net present value jumps one‑third to $4.01 billion while capital expenditures fall about 35% to $997 million. The internal rate of return...
French mining group Imerys announced that its British Lithium (IBL) project will be placed into “care and maintenance,” effectively pausing development. The decision comes as the UK seeks to build a domestic battery supply chain, and the move signals a...
Artisanal and small‑scale miners (ASM) delivered 2.24 tons of gold in January 2026, far surpassing the 808.4 kg supplied by large‑scale producers. Both segments posted lower volumes than the same month a year earlier, with ASM falling from 3.17 tons and large‑scale from 903.2 kg....
DRDGOLD CEO Niël Pretorius warned that South Africa’s sole cyanide producer, Sasol, is scaling back sodium cyanide output, creating a looming supply gap for gold miners. He suggested a consortium of local gold producers purchase the plant and partner with...
At the PDAC conference in Toronto, Epiroc will unveil its latest drilling safety innovations, highlighted by the new Uphole Brake. The brake integrates into the drill head and automatically stops a free‑falling inner tube when overspeed occurs, protecting personnel and...
The mining sector is moving toward fully autonomous operations, with 5G networks emerging as the backbone for real‑time worker‑machine collaboration. Newmont’s Cadia mine has deployed teleremote dozers that are controlled over a private 5G slice, delivering sub‑10 ms latency. Early performance...
B2Gold announced that founder and long‑time chief executive Clive Johnson will retire at the June 4 annual general meeting, handing the reins to chief financial officer Mike Cinnamond. Johnson will become Chair Emeritus, while board chair Kelvin Dushnisky shifts to an...
Lebanese officials are debating selling or leasing part of the country’s 280‑ton gold reserves, now worth roughly $45 billion after a 70 % price surge. The gold, the largest Middle‑East reserve after Saudi Arabia, could fund a financial‑gap law essential for an...
A tailings landslide at Indonesia's Morowali Industrial Park on February 18, 2026 killed a worker and forced a shutdown of the nickel‑smelting complex. The incident follows a 2025 landslide that claimed three lives and a 2025 flood that breached a...
Fastmarkets announced corrections to its European steel plate import price assessments after discovering currency conversion errors. The Northern Europe 8‑40 mm plate range (MB‑STE‑0049) is now €609‑650 per tonne, down from the mistakenly reported €720. The Southern Europe range (MB‑STE‑0050) is...
A historic nor'easter dumped up to 13 inches of snow in the New York metropolitan area, prompting seven states to declare emergencies and forcing the shutdown of the region's busiest maritime gateway, Port Newark. All gates at APM Terminals, Maher...
Sasol’s newly operational destoning plant at Twistdraai has reduced coal impurity to about 12% sinks, enabling the company to shift from external purchases toward higher‑quality internal supply. The firm aims to lift internal coal output to 28‑30 million tonnes in FY2026...
Gold prices have entered a consolidation phase, closing the week of Feb 20 at $5,067 per ounce, while a stronger dollar presents short‑term pressure. Ghana’s gold output rose to 187 t in 2023, positioning it as Africa’s top producer and potentially the...
Hudbay Minerals has secured permit amendments from British Columbia’s Major Mines Office to advance the New Ingerbelle expansion at the Copper Mountain mine. The project aims to tap higher‑grade gold zones, lower the stripping ratio, and extend the mine’s life, targeting 750,000 t...
The U.S. Interior Department issued Public Land Order 7966, revoking two federal withdrawals that covered roughly 2.1 million acres along the Dalton Highway corridor. The revocation removes the long‑standing restrictions, allowing Alaska to select the lands under its remaining statehood entitlement....
BMO Global Commodities Research warns that tungsten prices have surged fivefold in the past year as chronic under‑investment and tightening Chinese supply create a looming shortage. With China providing about 75% of global output, ore‑grade declines, environmental limits and export...
PT Bukit Makmur Mandiri Utama (BUMA) has secured a long‑term mining services contract with PT Adaro Indonesia for the South Tutupan Mine in South Kalimantan. The agreement, effective 1 April 2026 through 31 December 2030, mandates the removal of about 239 million bank cubic metres of...
Energy consultancy ABL has been awarded marine warranty survey services for Phase 4 of the Kamose offshore gas field in Egypt. The contract covers technical review, approval of documentation, DP trials, and on‑site witnessing of transportation and installation for three new...
Uganda announced plans to connect its new standard gauge railway to Tanzania’s under‑construction rail network. The line would run from the Tanzania border through southwestern Uganda to Mpondwe on the DRC frontier, linking mineral‑rich regions to the port of Dar...
I am seeing many market analysts include the accumulated copper stockpiles in the US in their global balance of copper stockpiles and therefore conclude that there are >1 million tonnes of available copper in global stockpiles today. I am not...
Fortescue’s green iron bet in a €300 per tonne iron world #energysky -- via Renew Economy: https://t.co/o9SQlmpEPc https://t.co/oEuy12U2pf
Celsius Tankers, a subsidiary of Denmark’s Celsius Shipping, has placed an order for a 180,000‑cubic‑metre LNG carrier with South Korea’s Samsung Heavy Industries. The contract, valued at roughly KRW 368 billion ($255 million), lifts Celsius’s LNG fleet to 24 vessels. The new ship...
New: @USCFInvestments files for a an Iron Ore Index Fund. Will invest in Iron order futures contracts. https://t.co/RHtnD2joQb
.@SigmaLithium providing formal guidance just a few weeks after restarting mining under owner/operator model: ◦12 months annualized forward production: 240,000 tonnes ◦24 months annualized forward production: 520,000 tonnes $SGML 👇
The Wildlife Conservation Society (WCS) is tackling a surge of illegal and artisanal gold mining that is poisoning Amazon rivers with mercury, a neurotoxic metal that bioaccumulates in fish and enters Indigenous diets. In Bolivia and Ecuador, WCS partnered with...
Is the store-of-value, gold, too stretched to be considered a safe haven? https://t.co/nC6Jxgznlb #gold #bonds @markets https://t.co/VvCZYA742S
Rio Silver $RYO.V $RYOOF Don Durrett and John Feneck take a closer look at Rio Silver. Must-watch if you like explosive Silver juniors ... https://t.co/XbSRRs7hRq
Diablo Resources announced a kilometer‑scale silver‑antimony geochemical anomaly at its 100% owned Star Range Project in Utah. First‑pass soil sampling at the South Star Prospect confirmed the anomaly, which extends over 1 km and remains open to the northeast, and is...
Critical One Energy @Critical1Energy $CRTL.CA $MMTLF Receives Exploration Permit for Howells Lake Antimony-Gold Project https://t.co/JkBm5YVa24
