What's happening: Teck American to sell Utah’s Apex Mine to Blue Moon Metals
Teck Resources’ subsidiary Teck American will transfer full ownership of the Apex mine in Utah to Blue Moon Metals under a sale and purchase agreement signed in February 2026. Blue Moon will issue roughly 7 million common shares, representing about 8 % of its equity, and will pay Teck a 0.5 % net smelter royalty capped at $1 million.
Also developing:
Nimy Resources has launched a scoping study for the Block 3 gallium discovery at its Mons project in Western Australia’s Yilgarn Craton. The deposit contains roughly 2,700 tonnes of gallium, positioning it as a potential non‑Chinese supply source for Western markets. Metallurgical testing is proceeding in parallel in Perth and the United States, with the first test material already shipped to US partner M2i Global. The study, led by Strategic Metallurgy, will evaluate mining, processing, cost, marketing and financial metrics, with results expected in Q2 2026.
Rox Resources is accelerating development at its wholly‑owned Youanmi gold project in Western Australia, completing roughly 750 metres of underground advance and targeting first‑level access by month‑end. Surface and underground infill drilling are underway to boost early ore inventory, while dewatering...
Select Water Solutions reported $1.4 billion in consolidated revenue for 2025 and a record adjusted EBITDA of $260 million, exceeding its guidance. The Water Infrastructure segment posted a 54% gross margin in Q4 and is projected to grow 20‑25% year‑over‑year in 2026,...
Centrus Energy reported FY 2025 revenue of $448.7 million, a modest 1.5% increase, with gross profit rising 5% to $117.5 million and net income of $77.8 million. Growth was driven by a 21% jump in SWU sales, while uranium revenue...
Warrior Met Coal reported record Q4 and full‑year 2025 production and sales, driven by the early, on‑budget launch of the Blue Creek longwall mine. Revenue rose to $384 million and net income surged to $23 million, while adjusted EBITDA increased 75% to...
Fortescue Metals Group delivered a record 100.2 million tonnes of iron ore in the first half of FY 2025, a 3% increase over the prior period, driving revenue to $8.4 billion and EBITDA to $4.486 billion. Mining output rose 2% and processing volumes matched...
Alkane Resources has identified high‑grade antimony‑gold intersections at the Kendal system, an up‑dip extension of its Youle and Shepherd deposits at Costerfield, Victoria. Infill and extension drilling over the past year revealed multiple bonanza‑style zones, notably the 520 vein which...

Whitecap Resources leveraged its May acquisition of rival Veren to boost scale, prompting a credit‑rating upgrade, lower borrowing costs and larger reserves. The expanded footprint enabled the company to lock in two 10‑year natural‑gas supply contracts totaling 85,000 MMBtu per day,...
PolarX’s inaugural drill program at the Ridgeline prospect in Nevada delivered high‑grade gold intersections, highlighted by a 9.1‑metre interval grading 6.38 g/t at 89 metres depth. The 13‑hole, 2,027‑metre campaign intersected mineralisation in ten holes, confirming the surface‑to‑depth continuity of steeply dipping...
Air Products has moved to secure a Water Quality Certification from the Louisiana Department of Environmental Quality, a prerequisite for its federal permit to build a blue‑hydrogen and carbon‑capture facility. The certification confirms compliance with Clean Water Act sections governing...
Canada’s largest gold producer Agnico Eagle announced an accelerated expansion of its Detour Lake mine and ongoing construction of the Upper Beaver project, aiming to boost output by up to 30% and exceed 4 million ounces by the early 2030s. The...
Chile’s right‑wing government, set to assume power on March 11, is reshaping mining policy. President‑elect José Antonio Kast campaigned on stricter border control and law‑and‑order, reflecting rising concerns over crime and Venezuelan migration. He merged the Mining and Economy ministries and...
Hong Kong announced a concerted push to become a premier international gold trading hub, aligning with China’s goal to expand its market share and influence on global bullion prices. The city plans to increase gold storage capacity to over 2,000...
Canada’s Defence Industrial Strategy, unveiled on 17 February 2026, places critical minerals at the core of national security and industrial policy. The government frames domestic mining as essential for defence supply chains, reducing reliance on China’s near‑monopoly over rare earths and...
Denison Mines Corp. has secured regulatory approval from the Canadian Nuclear Safety Commission to construct the Wheeler River uranium mine in northern Saskatchewan’s Athabasca Basin. The construction licence, effective until February 28, 2031, makes the project the province’s first new uranium mine...
Canadian Prime Minister Mark Carney is set to address the Australian Parliament, signalling a push toward a Canada‑Australia critical minerals partnership. His recent World Economic Forum speech urged medium powers to forge new alliances, a message that provoked a sharp...
Lab‑grown diamonds, touted as a cost‑effective alternative to mined stones, can be up to 90 percent cheaper. A CBC Marketplace investigation bought two one‑carat, D‑color, ideal‑cut, VS1‑clarity diamonds—one from Blue Nile and another from Alibaba—and found a stark price gap despite...
Canadian billionaire Eric Sprott increased his stake in Hycroft Mining Holding by purchasing 150,000 shares at $42.05, bringing his ownership to roughly 44.5% of the company. The buy‑back sparked a more than 12% rally, pushing the stock to a one‑month...

The European Union is reviewing its Arctic policy, and a tighter definition could unlock the Barents Sea’s estimated 22 trillion cubic feet of gas. Norway’s offshore fields could then supply 20‑30% of EU gas demand through 2050, offering a lower‑emission alternative...
Eagle Energy Metals Corp. completed its business combination with Spring Valley Acquisition Corp. II, creating Eagle Nuclear Energy Corp. The new company will begin Nasdaq trading on February 25, 2026 under the ticker symbols NUCL and NUCLW. The merger pairs the largest...

Ghanaian officials and civil‑society groups are urging a revision of the Minerals and Mining Act to curb the rampant smuggling and use of mercury in artisanal and small‑scale gold mining (ASGM). The current legislation lacks a national mercury storage and...
Rokbak concentrates exclusively on articulated haulers, positioning itself as a niche expert for mining and quarry operations. Its RA30 and RA40 models achieve high physical availability by integrating robust structures, proven components, and low warranty claim rates. The company extends...

The Ministry of Mines and Energy convened a one‑day pilot stakeholders’ dialogue in Arthington on Feb 20 to address gaps between mineral rights, land rights and community obligations. Participants including chiefs, civil‑society groups, GIZ and LEITI examined regulatory, fiscal and environmental...

On February 24, a collapse at an artisanal mine on the outskirts of Kolwezi in Lualaba Province killed several Algerian workers, prompting Prime Minister Judith Suminwa to condemn the tragedy and pledge stronger safety oversight. She cited a December 2025 ministerial report...

At Mining Indaba 2026 in Cape Town, Lualaba province positioned itself as the world’s leading cobalt producer, emphasizing its pivotal role in the energy transition. Governor Fifi Masuka Saini highlighted the region’s stable, investment‑friendly governance and alignment with international mining...
The Blavatnik School of Government at Oxford, in partnership with the Natural Resource Governance Institute, has launched a five‑day executive programme titled “Managing Mining, Oil and Gas for National Development.” Applications open on 2 March 2026, targeting senior leaders from government, industry,...

The Democratic Republic of Congo’s mineral export prices are set to fall in the week of Feb 23‑28, 2026, with tin posting the steepest decline to $48,089 per ton, a $1,667 drop from the prior week. Copper, gold, and zinc also...
A MiningWatch Canada field report reveals Canadian miner Baru Gold Corp is seeking to develop a gold mine on Indonesia’s Sangihe Island, a biodiversity hotspot. The grassroots Save Sangihe Island (SSI) coalition is mounting legal challenges and community actions to...
Philex Mining Corp posted a net income of P929.69 million in 2025, a 14.7% rise year‑over‑year, driven by record‑high gold and copper prices and a favorable peso exchange rate. Revenues climbed 8.2% to P8.85 billion, while core net income surged 43.6% to...

The Democratic Republic of Congo has launched a nationwide airborne geophysical and geological mapping programme, overseen by a newly formed steering committee chaired by Mining Minister Louis Watum Kabamba. Spanish firm Xcalibur Multiphysics Group SL secured the contract to conduct...

The Zambian government praised Kansanshi Mining PLC for hosting a Tender and Bid Workshop aimed at strengthening local suppliers and contractors in the North‑Western Province. Deputy Permanent Secretary Luckson Mulumbi highlighted the workshop’s role in advancing local content and reinforcing...
Vizsla Copper Corp. has secured a lease extension on Alaska Mental Health Trust lands at its Palmer project through August 2033. The high‑grade volcanogenic massive sulfide deposit hosts 4.77 Mt of indicated resources averaging 1.69% copper, 5.17% zinc, plus notable silver and...

Kibali gold mine posted record revenue of about $2.3 billion in 2025, a 40% jump from 2024, despite a 2% dip in gold output to roughly 673,000 ounces. Barrick’s 45% share generated $1.04 billion, while the mine’s contribution to group earnings rose...
The blog showcases Claude, Anthropic’s AI, compiling recent mining studies (2024‑2026) that use toll‑milling as a base case, highlighting projects in Canada, Argentina, and Australia. It outlines the operational, commercial, metallurgical, financial, regulatory and strategic risks inherent to toll‑milling arrangements....
The University of Manitoba has partnered with silica‑sand producer Sio Silica to pilot a quantum gravimetry network that monitors groundwater changes in real time. The initiative follows the company’s revised mining proposal in the Rural Municipality of Springfield after the...

Renault's Ampere division has signed a development agreement with Basquevolt to accelerate lithium‑metal battery prototypes for future electric vehicles. The partnership targets pre‑A sample cells that could deliver up to 450 Wh/kg energy density while cutting capital costs and energy use...
Mars announced a power purchase agreement with Foresight Energy Infrastructure Partners for 70% of the output from the newly commissioned 277 MW Kölvallen wind farm in Sweden, delivering roughly 670 GWh of clean electricity each year. The deal marks the confectioner’s second...

Sylvania Platinum posted a 110% year‑on‑year jump in net revenue to $99.8 million for the six months to 31 December, driven by a 25% rise in 4E PGM production and a 55% increase in basket prices. Adjusted EBITDA surged 414% to $51 million...

Australia’s fuel tax credits scheme is costing taxpayers nearly $10.8 bn this fiscal year – roughly $30 m a day – by refunding excise on diesel and petrol for miners, farmers and other heavy‑fuel users. Critics label it the nation’s most expensive...
Appia Rare Earths & Uranium Corp. announced diamond drilling on its Ultra Hard Rock target in Goiás, Brazil, intersecting a 300‑metre interval grading 2.55% TREO, including a 1.7‑metre zone at 14.27% TREO. The results come from a carbonatite‑hosted system, delivering...
The article argues that the United States must seize early leadership in space mining to secure economic, energy and geopolitical advantages as extraction technologies become viable. It highlights the trillion‑dollar profit potential of asteroid resources and the strategic value of...

Malaysian tanker owner Orkim has signed a six‑month time‑charter for its 2012‑built Orkim Citrine MR2 tanker with PETCO Trading Labuan, the trading arm of Petronas. The agreement, effective at the end of February 2026, includes an option to extend another six...

Mitsubishi Shipbuilding has shipped the first ammonia fuel supply system (AFSS) and ammonia gas abatement system (AGAS) for Japan Engine Corporation’s inaugural ammonia‑fueled marine engine, model 7UEC50LSJA‑HPSCR. The AFSS delivers ammonia to the engine safely and steadily, while the AGAS...
Critical One Energy has received Ontario Ministry of Energy and Mines Exploration Permit PR‑24‑000227 for its Howells Lake antimony‑gold project in the Thunder Bay Mining District. The project, located 120 km west of the Ring of Fire, contains a historic resource...
Volta Metals Ltd. announced a major resource expansion at its Springer rare‑earth project, now totaling 176.1 Mt with a 1,248% rise in indicated resources. Near‑surface zones exceeding 1% TREO support open‑pit potential, while a funded 6,000‑m drill program and a gallium...

South African Police Service warned that illegal mining has resurged, becoming a coordinated organized‑crime threat across Gauteng, North West, Mpumalanga, Limpopo, Free State, Northern Cape and KwaZulu‑Natal. Syndicates are re‑occupying abandoned shafts, using heavy equipment and engaging in armed clashes while expanding chrome...
The European Economic and Social Committee (EESC) is pushing sodium‑ion batteries to the forefront of the EU’s industrial strategy, urging the next 2028‑2034 Multi‑Annual Financial Framework to allocate dedicated funding. EESC President Séamus Boland argues that sodium‑ion technology offers a...
The European Council gave final approval to the Omnibus I simplification package, dramatically scaling back the EU's corporate sustainability reporting and due‑diligence rules. The agreement retains a 1,000‑employee threshold for the CSRD but adds a €450 million revenue floor, cutting roughly...

Brazil's foreign trade council approved a resolution that eliminates import duties on high‑efficiency SHA256 Bitcoin miners—those above 200 TH/s and under 20 J/TH—effective through January 2028. Three days later, French utility Engie signaled interest in installing such miners at its 895 MW Assu...
Anglo American posted a 6% year‑over‑year rise in adjusted EBITDA to $6.9 billion, driven by higher copper and iron‑ore prices, while losses in its other divisions slashed net profit after tax 70% to $610 million. The company kept its final dividend at...