Today's Mining Pulse
Chinese financing fuels a $98 billion mineral power shift
A wave of $98 billion in Chinese financing and heightened U.S. diplomatic activity has thrust critical minerals into the geopolitical spotlight. Resource‑rich nations such as the DRC, Brazil and Zambia are leveraging their mineral wealth to negotiate better terms and assert greater control over strategic industries.
Also developing:
Greenland Mines Advances Skaergaard as Critical Minerals Gain Strategic Urgency
Greenland Mines' President Bo Møller Stensgaard discussed the Skaergaard project, highlighting its shift from a gold‑palladium focus to include critical minerals such as vanadium, gallium, titanium and iron. The company is moving from underground to a large‑scale open‑pit mining plan, leveraging low‑cost Arctic energy and modern processing techniques. Operational efficiency will improve with the icebreaker M/V Argus and helicopter support, extending the summer exploration window. Stensgaard emphasized Greenland’s geostrategic position and growing political support, positioning Skaergaard as a potential hub for Western supply‑chain diversification.
Iran Energy Shock Tests Limits of Trump’s Vision of US Energy Dominance
President Trump claims U.S. energy dominance despite Iran’s Strait of Hormuz blockade, yet gasoline prices surged to over $4 per gallon, costing households $8.4 billion in a month. The United States, while a net exporter, still imports roughly 6 million barrels of...
Fox Tungsten Advances the World’s Highest-Grade Tungsten Project with Fully Funded Drill Program
Fox Tungsten Ltd. says its British Columbia project hosts the world’s highest‑grade tungsten resource, averaging about 1% tungsten, comparable to 11 g/t gold. The company secured an $11 million bought‑deal financing and will launch a 20,000‑meter drill program to double historic drilling...
How the Global Energy Crisis Is Shaking Canada From Coast to Coast — and Could Leave a Lasting Legacy
The Iran‑Israel conflict has choked the Strait of Hormuz, driving global oil prices above $90 a barrel and prompting Canadian firms to scramble for supply. Irving Oil secured regulator approval to use a foreign tanker to import up to 680,000...
From California Mill Idea to $1B Blue Moon Surge
Seeing Blue Moon $BMM $MOON.V flirt with a C$1 billion market cap, the Koala again looks at the US listed tungsten comps and chuckles... What started as a "well, what if we bought this instead of trying to permit a mill...
US Natural Gas Prices Drop to 18‑Month Low
In the middle of what some have described as the worst energy crisis ever (worst than 1973+1979+2022 combined), let me tell you that US natural gas prices are falling toward a 18-month low of $2.6 per mBtu. (And yes, North...
Terex Delivers a New High-Capacity Sand Washing Solution in a Compact Footprint
Terex Washing Systems unveiled the FM 300 Compact, a sand‑washing plant capable of delivering up to 300 tonnes per hour of dewatered sand from a single modular chassis. The machine fits within a 10.13 m × 5.36 m × 8.69 m footprint, integrating a collection tank, rubber‑lined hydrocyclones, a high‑frequency...
Tocvan Announces Addition of Second Drill Rig and Accelerates High-Priority Drill Targets at Flagship Gran Pilar Gold-Silver Project
Tocvan Ventures announced the mobilization of a second reverse‑circulation drill rig to its Gran Pilar gold‑silver project in Sonora, Mexico, on April 6, 2026. The additional rig will double the company’s monthly drilling capacity and accelerate its fully funded 20,000‑meter program,...
Argentina Passes Bill to Expand Glacial Mining
Argentina’s lower house approved a reform bill that overturns the 2010 Glacier Law, allowing mining in glacial and permafrost zones of the Andes. The Chamber of Deputies voted 137‑111 with three abstentions after a 12‑hour debate, following Senate approval in...
Metal Movers: Strait of Hormuz - How Sulphur Is Impacting the Copperbelt
In this joint Argus Fertilizers and Argus Metals episode, the hosts examine how the Middle East conflict, especially the closure of the Strait of Hormuz, has choked sulfur shipments that feed the African copper belt’s leaching operations. Sulfur prices in...
Rockland Resources Completes Expanded 5,300-Metre Drill Program at Cole Gold Mines Project, Red Lake, Ontario
Rockland Resources completed a 5,300‑metre diamond drill campaign at its 100%‑owned Cole Gold Mines project in Ontario, drilling 19 holes and intersecting visible gold across multiple depths. The program expanded from an initial 3,000‑metre plan to test the rheological contact...
DRC Quota Extension Eases Cobalt Supply Concerns, but Market Reaction Muted
The Democratic Republic of Congo extended its cobalt export quota deadline by an additional 30 days, moving the Q4 2025 cutoff to the end of Q1 2026. CMOC, the world’s largest cobalt producer, said the extension will let it ship its full...
Philippi-Hagenbuch Upgrades Truck Bodies with 500 Tuf Floors for Enhanced Durability
Philippi-Hagenbuch announced that all its custom HiVol® haul‑truck bodies will now feature floors made from SSAB Hardox 500 Tuf steel. The 500 Tuf alloy, with a Brinell hardness of 500, is designed to resist abrasion and impact, extending floor service life up to...
NioCorp Lines up Traxys as Potential Buyer for Elk Creek’s Planned Output
NioCorp Developments has entered a non‑binding agreement with commodity trader Traxys to serve as the exclusive offtake and marketing partner for the remaining output of its Elk Creek critical‑minerals project in Nebraska for an initial ten‑year term. The deal adds...
Iron Ore Slips on Signs of BHP-China Thaw
Iron ore prices fell to a one‑month low after Bloomberg reported that BHP’s incoming CEO, Brandon Craig, visited Beijing. The visit sparked speculation that the long‑running pricing dispute between BHP and China Mineral Resources Group (CMRG) may be easing. Futures...
G Mining to Buy G2 Goldfields for $2.2B in Guyana Play
Canadian miner G Mining Ventures announced a C$3 billion all‑share acquisition of rival G2 Goldfields, creating a combined Oko district in Guyana. The deal offers G2 shareholders 0.212 G Mining shares per G2 share, a 72% premium, and adds a new...
West Point Gold Drilling at Sheep Trail, Gold Chain Project, Arizona
West Point Gold Corp announced initial drill results from the Sheep Trail target at its Gold Chain Project in Arizona, intersecting shallow gold mineralization with intervals up to 32 metres grading around 1‑2 g/t Au. The strike length exceeds one kilometre, suggesting...
Massive Untapped Copper Resource Highlights Decade‑Long Deficit
The #copper deficit is, in my view, one of the most underpriced macro stories of the decade. Our portfolio company @SuperCopperCo has just defined a kilometre-scale copper target: 800m of strike, ~400m wide, ~400m deep - and open in all directions. Historical...
IMDEX Acquires 100% Stake in Krux Analytics
IMDEX has completed the acquisition of 100% of Krux Analytics, a provider of advanced drilling‑site data capture and analytics software. The deal brings Krux’s real‑time drilling analytics platform under IMDEX’s downhole sensor technology (DST) portfolio, creating a unified solution for...
New Oil Discovery Comes to Light in Gulf of America
Occidental (Oxy) announced a new oil discovery at the Bandit prospect in the Gulf of America, roughly 125 miles south of the Louisiana coast. The exploration well in Green Canyon Block 680 intersected high‑quality, full‑to‑base Miocene oil‑bearing sands. Oxy operates the...
THE INCOMING COPPER SQUEEZE: The Middle East Reconstruction Shock + the Historic Demand Stack + the Declining Supply = the...
The recent conflict in Iran and broader Middle‑East unrest has triggered a massive reconstruction effort that will require between 5,000 and 15,000 metric tons of copper over the next decade. This demand adds to an already historic deficit driven by...
KwaZulu-Natal Mineral Sands Mine Powered by New Limpopo Solar Plant
A 148 MW Bolobedu Solar Farm, built by Voltia and local empowerment partners, has begun feeding green electricity into South Africa’s grid to power Rio Tinto’s Richards Bay Minerals (RBM) in KwaZulu‑Natal. The plant will slash RBM’s baseline emissions by at...
Omai Poised for G2‑scale Valuation After Deal Alignment
A deal that always made operational/synergistic sense finally had the numbers align Logical flow forward of funds here will be Omai $OMG.V If G2 goes for ~C$2.6 billion with <4 million ounces in resources, have to think Omai has clear line...
Cameco Poised to Break $120 Resistance Amid Quiet Uranium Sector
$CCJ Daily. Uranium miners been quiet but Cameco shaping up nicely. Trying to break higher from falling channel pattern. Watch back over $120 long to confirm https://t.co/lnHsjzIHhu
FireFox Gold Expands the East Zone to the Southwest with Ongoing Grid Drilling at the Mustajärvi Gold Project, Finland
FireFox Gold Corp announced results from seven new drill holes (25MJ016‑25MJ022) that extend the high‑grade East Zone at its 100%‑owned Mustajärvi Gold Project in Lapland, Finland. Notable intercepts include 5.0 m averaging 6.29 g/t Au (including 1 m at 24.9 g/t) and 13.0 m averaging...
Japan's Oil Outlook Improves, but SPR Usage Persists
Japan updates on its oil situation (And it looks better that I had expected; but note that the country is signalling continues use of its SPR)
Mexico's Climate‑scientist President Backs Controversial Shale Gas
Mexico President Claudia Sheinbaum, a climate scientist by training, makes a policy U-turn, now backing the development of shale gas deposits in her country (which means fracking, even if she avoided using that word — a taboo in Mexico —...
Barrick Signals Deal Push Amid Strategic Reset
Barrick Gold is reversing a decade‑long expansion strategy by refocusing on acquisitions in low‑risk, tier‑one gold assets and exiting higher‑risk regions. Chairman John Thornton, in his first shareholder letter since the CEO change, said the company believes its shares are...
INTEGRA LAUNCHES LARGEST DRILL PROGRAM IN ITS HISTORY: 50,000-METER EXPANDED PROGRAM TARGETING RESOURCE GROWTH, MINE LIFE EXTENSION AND ADVANCED ENGINEERING...
Integra Resources announced a 50,000‑meter drilling campaign across its Nevada and Idaho assets, the largest in the company’s history. The program includes 42,500 m at the cash‑flowing Florida Canyon Mine, 5,500 m at the Nevada North (Wildcat) project to support a pre‑feasibility...
Defining Time, Defining Strategy: Cesium’s Quiet Rise in the Critical Minerals Economy
Cesium, the element that defines the international second, underpins GPS, telecoms, finance and military navigation. At a Critical Minerals Institute masterclass, Grid Metals CEO Robin Dunbar highlighted the company’s Lucy South pegmatite in Manitoba, a near‑surface, flat‑lying pollucite deposit that...
ASAP Oil Prices Surge to Record Highs
Very good short note from my colleague @alexlongley1 about why the price of what he rightly calls "ASAP" oil barrels is going throughout the roof https://t.co/6dpWmdpJlG
USC Annenberg Center for Climate Journalism and Communication Releases Season Three of Its Energy Transition Podcast
Season three of USC Annenberg’s Electric Futures podcast returns to California’s Imperial Valley, shifting focus from stalled lithium extraction to the arrival of hyperscale data centers seeking geothermal power. Host Charles Zukoski examines how AI‑driven data‑center growth could double global electricity...
Doug Sheridan: Coal Is Far From Dead
Rising natural‑gas prices triggered by the Iran‑Israel conflict are prompting Asian and European nations to revive coal‑fired power. Thailand has restarted plants, while Japan, South Korea and Italy have lifted caps or delayed coal phase‑outs, with Germany’s coal output now...
Tuurny Deploys AI Robotics to Harvest RAM Chips, Tackling US Chip Shortage
Tuurny unveiled its Nantul robotic cell, capable of pulling up to 300 RAM integrated circuits per hour from domestic e‑waste, and secured a six‑figure contract with UK processor Areera. The system promises a new on‑shore source of memory chips while...
Brazilian Election Tie Sparks U.S. Push on Critical Mineral Supply Chains
A new IDEIA poll puts Brazil's incumbent Lula at 45.5% and challenger Flávio Bolsonaro at 45.8%, a statistical tie that has amplified U.S. worries about securing Brazil's critical mineral output. Bolsonaro’s appeal to the United States and his framing of...
European Firm Lines up Five LNG Cargos to up Gas Storage Ante
Finland‑based Elenger secured five LNG cargoes for the spring, with three slated for the Inkoo terminal and two for Lithuania’s Klaipėda terminal. The first shipment arrived from the United States on the Marvel Swallow tanker, and additional deliveries are planned...
Unpacking Trump’s Use of Emergency Powers to Prop Up Coal
President Trump’s Department of Energy has revived Section 202(c) of the Federal Power Act to force utilities to keep aging coal plants operating, starting with Michigan’s JH Campbell plant in May 2025. The emergency orders bypass long‑term resource planning, cost utilities millions, and...
3 Canadian E&P Stocks Benefiting From a Tight Oil Market
Zacks highlights a tight oil market and expanding LNG capacity as catalysts for Canadian exploration‑and‑production firms, naming Canadian Natural Resources, Baytex Energy and ARC Resources as top picks. The industry outperformed the broader oil‑energy sector, delivering a 79.2% gain versus...
OneSubsea Technology to Enable ‘Faster Production’ at American Deepwater Field
OneSubsea, the SLB‑Aker‑Subsea7 joint venture, secured a contract with Texas‑based Beacon Offshore Energy to supply a high‑pressure, high‑temperature multiphase boosting system for the Shenandoah deepwater field in the Gulf of America. The system is engineered to operate above 15,000 psi, enabling...
Fuerte Files PEA for Coffee Gold Mine
Fuerte Metals filed a 2026 Preliminary Economic Assessment for its Coffee gold mine in Yukon, estimating initial capital of C$998.2 million (≈US$718 million) and a two‑year payback. The updated technical report shows an after‑tax NPV of C$3 billion (≈US$2.2 billion) and a 43.5% IRR...
Aggreko to Deliver ‘Australia’s Largest’ Off-Grid Renewable Hybrid Power Plant
Aggreko announced a landmark 15‑year power purchase agreement with Harmony Gold to supply the Eva copper project in northwest Queensland. The off‑grid hybrid plant will combine a 118 MW solar farm, a 250 MWh battery storage system and a 104 MVA thermal generator,...
Cementation Africa Celebrates Tharisa Minerals Underground Project Commencement
Tharisa Minerals fired its inaugural blast on March 31, 2026, officially launching the underground phase of its Bushveld Complex chrome and PGM operation. Cementation Africa was selected as the development partner, tasked with early works, a five‑year main development program,...
Paramount Gold Nevada Begins Initial Assessment of Sleeper Gold Project, Nevada
Paramount Gold Nevada has started an Initial Assessment (IA) for its 100%-owned Sleeper Gold Project in northern Nevada, focusing on a heap‑leach‑only development of roughly 54 million tons of oxide and transitional material. The IA, conducted by SLR International with Forte...
Zentek Subsidiary Albany Graphite Engages Micon Int’l to Prepare New PEA for Albany Graphite Project, Ontario
Zentek Ltd. has engaged Micon International to prepare a new NI 43‑101 Preliminary Economic Assessment (PEA) for its Albany Graphite Project in Ontario, with completion expected this summer. The updated study will incorporate an updated mineral resource estimate, revised cut‑off...
Antimony Resources Advancing Bald Hill Property, New Brunswick
Antimony Resources reported significant progress on the Bald Hill antimony project in New Brunswick. The company has completed 6,500 metres of a 10,000‑metre drill program, extending the historic Main Zone and uncovering a new Marcus (West) Zone with massive stibnite mineralisation. Attention is...
A New Paradigm for Valve Reliability in HPAL and POX Mining Operations
Score’s acquisition of Callidus introduced FM‑1500™, a metallurgically bonded titanium‑nitride surface modification that replaces traditional thermal‑spray coatings on severe‑service ball valve trim. The new layer is about 1,500 µm thick, fully dense, and can reach 1,000 HV hardness, dramatically improving erosion and...
Multimillion-Dollar Fine for EnQuest over 33 Idle Wells as UK Cracks Down on Decom Inactivity
The UK regulator North Sea Transition Authority fined EnQuest £16.5 million (≈$22 million) for not decommissioning 33 idle wells in the Alma, Galia, Broom and Dons fields. The penalty, £500,000 per breach, follows missed deadline extensions after production stopped in 2020‑2021. NSTA...
Milei Win as Argentina Reviews Glacier Law to Boost Mining
Argentina’s new libertarian president Javier Milei is spearheading a review of the country’s glacier protection law, aiming to open previously off‑limits areas to mining. The proposal targets the mineral‑rich Patagonian glaciers, promising billions of dollars in foreign investment and new jobs....
Tests Return Strong Danver Copper Recovery
White Cliff Minerals announced that metallurgical test work on the Danvers zone of its Rae copper project in Nunavut recovered more than 90% of copper in all sample blends, peaking at 95.4%, and produced a high‑grade concentrate of about 40%...
Gold Terra Extends Walsh Lake North
Gold Terra Resource Corp. completed a 2026 winter drill campaign at its Walsh Lake target, sinking 15 holes and 4,905 m of core. The program confirmed a northward extension of the gold corridor by roughly 150 m and delivered high‑grade intercepts, notably a 5.7 m...