B2Gold Reports $200M Profit Surge on Strong African Output as Gold Production Reaches 237,763 Ounces
B2Gold Corp. posted a $200 million jump in net income, propelled by robust gold output from its Mali and Namibia operations. The company produced 237,763 ounces in the first quarter, reinforcing its 2025 target of up to 1.075 million ounces. A $325 million sale of its European assets bolstered cash reserves to $479 million, while a $105 million investment in the Antelope project aims to add 110,000 ounces annually from 2026. CEO succession is planned as CFO Mike Cinnamond prepares to replace retiring President Clive Johnson.
The Global Sand Crisis: It’s Being Used up Faster than It Can Be Replaced
A new UN‑UNEP report warns that the world extracts roughly 50 bn tonnes of sand each year—far faster than natural processes can replace it. Sand underpins construction, concrete, silicon chips and solar panels, yet its removal erodes riverbanks, coastal defenses and...
NESI and Vulcan Break Ground on German Lithium Refinery
NESI and Vulcan have begun construction on a 24,000‑tonne‑per‑year lithium refinery in Frankfurt, marking Europe’s first commercial‑scale electrochemical lithium‑refining facility. The plant is designed to produce enough lithium hydroxide monohydrate (LHM) for roughly 500,000 electric‑vehicle batteries each year. NESI recently...
Europe’s Reliance on Copper, Aluminium Imports Exposed as Security Concerns Overtake Energy Transition
Europe remains heavily dependent on imported copper and aluminium, with domestic processing capacity covering only a fraction of demand. Recent disruptions and widening deficits have pushed European copper premiums to $120‑150 per tonne and aluminium extrusion premiums above $1,200 per...
Komatsu’s Mine 4D Technology Offering Real-Time Visibility at Kevitsa Operation
Komatsu has deployed its Mine 4D digital platform at Boliden’s Kevitsa nickel‑copper mine in northern Finland, delivering real‑time visibility of load, haulage distance, utilisation and cycle times. The system operates reliably in temperatures as low as –40 °C, replacing manual reporting with...
LNG Capacity Boost Emerging in Oceania as New Gas Project Gets the Green Light
Joint‑venture partners including Santos, ExxonMobil PNG and others have secured a final investment decision for the Agogo Production Facility (APF) tie‑in project in Papua New Guinea, targeting first gas in the second quarter of 2028. The development will add roughly...
Kamoa Copper Expands Green Energy with New 30 MW Solar Deal
Kamoa Copper and Green World Energie have signed a second Power Purchase Agreement for an additional 30 MW of solar capacity, expanding the Phase II renewable project in the Democratic Republic of Congo. The deal brings the total installed solar capacity to...
The World Needs Africa. That Does Not Mean Africa Wins
Africa’s vast critical‑mineral reserves have thrust the continent into the center of the emerging global order, yet it captures less than 1% of clean‑energy manufacturing value. The competition among China, the United States, the European Union and Gulf states now...
India’s Critical Minerals Sector Faces Financing Constraints Despite Policy Push: Report
India’s critical minerals sector is hampered by financing constraints despite the National Critical Mineral Mission’s policy push. The International Energy Agency projects $915 billion of global investment needed for mining and refining between 2026 and 2035, yet private capital remains scarce....
FMG to Pay $150M for Solomon Hub Disruptions
Fortescue Metals Group (FMG) has been ordered by a Federal Court judge to pay just over $150 million to the Yindjibarndi Ngurra Aboriginal Corporation for economic and spiritual losses tied to disruptions at the Solomon Hub in Western Australia. The hub,...
FMG to Pay $150M for Solomon Hub Disruptions
Fortescue Metals Group (FMG) has been ordered by the Federal Court to pay just over $150 million to the Yindjibarndi Ngurra Aboriginal Corporation for disruptions to the Solomon Hub in Western Australia. Justice Stephen Burley found FMG’s operations caused significant economic...
China LNG Imports Signal Recovery
China’s LNG imports are rebounding, with the 30‑day moving average reaching its highest level since late February. Although still below the five‑year average, the gap has narrowed to about half of what it was in early April. The shortfall caused...
Barrick Advances Lumwana Super Pit Expansion as Copper Output Rises
Barrick Gold said its Lumwana Super Pit expansion in Zambia stayed on schedule and within budget in Q1 2026, with the first mill wall lift completed and steel deliveries due by June. Capital spending for 2026 is expected at the...
BHP, Rio Tinto Collaborating to Drive Tailings Best Practice
BHP and Rio Tinto have released new guidance on tailings dewatering through the Tailings Management Consortium (TMC). The two firms published a study guide for filtered‑tailings projects and a geotechnical white paper on large‑tonnage filtered stacks. The documents aim to...
Buried Treasure: Private Markets Sustainability Data and The Wealth Opportunity
Private market ESG data, long hampered by limited disclosures, is rapidly improving thanks to AI‑driven scraping and workflow tools that now generate near‑public‑level metrics. At the same time, U.S. wealth investors—especially those with over $100,000 in assets and younger generations—are...
RCT – Powered by Epiroc AutoNav Lite Solution Improving Stabilisation, Remediation Activities at Gold Mine
RCT – Powered by Epiroc quickly deployed AutoNav Lite semi‑automation on two Caterpillar D10 dozers at a northern Canada gold mine, enabling remote operation for stabilisation and remediation. The project moved from approval to commissioning faster than typical automation cycles....
Zimbabwe: Government-Backed Mutapa Ramps Up Gold Exploration Projects, Pursues U.S.$75m Debt Deal
Mutapa Gold Resources, a state‑owned mining group in Zimbabwe, has earmarked more than $12 million for gold exploration in 2026 to extend the life of its mines to at least a decade. The company says it needs roughly $250 million for long‑term...
Zimbabwe: Mnangagwa Confirms 4,48 Tons of Gold Reserves in Latest RBZ Visit
President Emmerson Mnangagwa visited the Reserve Bank of Zimbabwe and announced that the nation’s gold reserves have risen to 4.48 tons, up from 4.2 tons in February. The gold underpins the ZiG, Zimbabwe’s gold‑backed currency launched in 2024, and the government aims...
American Pacific Begins Sampling at Nevada’s Ziggurat Gold Project
American Pacific Mining has launched a field reconnaissance and surface sampling program at its Ziggurat Gold Project in Nye County, Nevada. The effort focuses on mapping alteration zones and geochemical anomalies linked to Carlin‑type gold mineralisation, with teams collecting 59...
How to Get a Green Premium
Western Australian gold miner Bellevue Gold has demonstrated that a green premium—an extra price for environmentally responsible production—can be captured in the precious metals market. By powering its Bellevue operation with wind turbines, the company reduced its carbon footprint and...
PYBAR Cuts First Exploration Portal in 30 Years at MMG's Rosebery
Mining contractor PYBAR has cut the first exploration portal at MMG's Rosebery mine in over 30 years, marking a new phase for the 90‑year‑old operation on Tasmania's west coast. The Tom McDonald Exploration Portal will support underground drilling aimed at identifying...
MEGA Delivers First Blast for Star at Tumblegum South
Star Minerals announced that the first blast at its Tumblegum South gold project in Western Australia has been successfully fired. The blast, executed by drilling contractor MEGA, cleared the initial waste rock, marking the start of bulk excavation. This milestone...
Larvotto Resources Delivers First Ore to Hillgrove Stockpile Ahead of August Commissioning
Larvotto Resources has moved the first development ore from the Metz underground mine to the Hillgrove antimony‑gold stockpile, keeping the project on schedule for an August 2026 plant‑commissioning. Underground development has progressed with 1.9 km of drives rehabilitated, a 170 m ramp‑up and...
Dalaroo Closes in on Drill Targets at 9km Côte D’Ivoire Gold Corridor
Dalaroo Metals has wrapped a district‑scale soil geochemistry program across its 9‑kilometre Gold Ridge corridor in Côte d’Ivoire, collecting 3,612 primary samples and a total of 4,363 specimens for laboratory analysis. The campaign, which covered 194.5 km of sampling lines on...
Beyond Green Extractivism: Asean's Security Depends on Justice
At the ASEAN summit in Cebu, leaders confronted a stark paradox: while the region’s energy plan touts a "Just and Inclusive Energy Transition," its infrastructure still prioritises natural‑gas pipelines and joint oil stockpiles. The ongoing Strait of Hormuz crisis has...
EV Resources Confirms Extensive Shallow Antimony System with Maiden Drilling at Los Lirios
EV Resources reported that its maiden diamond drilling at the Los Lirios antimony project in Mexico confirmed a broad, shallow carbonate‑replacement system. Four of five holes intersected antimony within 10 m of the surface, with the highest grade intersect being 3.05 m...
Iron Bear Lifts Indicated Iron Ore Resource by 114pc to 4.5Bt
Iron Bear Resources announced that its flagship Labrador Trough project now holds an indicated iron ore resource of 4.5 billion tonnes, a 114% increase from the previous estimate. The resource grades 29.5% total iron and 20.6% magnetic iron, with metallurgical testwork...
Auravelle Gears up for Infill, Extensional Gold Drilling at Sheoak
Auravelle Metals is launching a new reverse‑circulation (RC) drilling campaign at its Nuckulla Hill project in South Australia to infill and extend high‑grade gold mineralisation at the Sheoak prospect. Recent RC work at Sheoak returned broad, high‑grade intervals, including 21 m...
Verity Resources Declares Maiden Gold Resource
Verity Resources announced a maiden indicated gold resource of 66,200 ounces (1.75 g/t) at its Monument project in Western Australia’s Laverton Goldfields. The resource includes a 57,000‑ounce open‑pit component and raises the total indicated‑plus‑inferred resource to 137,700 ounces. An 11,000‑metre infill...
Mithril Silver and Gold Confirms High-Grade Mineralisation Outside Resource Boundary at Copalquin
Mithril Silver and Gold announced that its final phase of drilling at the Target 1 deposit on the Copalquin property has confirmed high‑grade gold‑silver mineralisation 300 m west of the existing resource boundary. The program drilled 13 holes totaling 4,383 m, delivering a...
Cheers for GoldArc as Bonanza-Grade Intercepts Confirm Scale of Cosmopolitan
GoldArc Resources’ first‑pass reverse‑circulation drilling at the historic Cosmopolitan underground mine in Western Australia delivered multiple bonanza‑grade intercepts, confirming a larger high‑grade gold system. The Main Zone returned up to 23 m at 11.31 g/t, including 2 m at 41.38 g/t and 3 m at...
ETM Scores Traxys MoU for Spanish Critical Minerals Project
Energy Transition Minerals (ETM) has signed a non‑binding memorandum of understanding with commodity trader Traxys Europe to explore a six‑year, exclusive off‑take of tin, tantalum and niobium concentrates from the Penouta mine in Galicia, Spain. The MoU allows Traxys to...
Trump Officials Cancel Rule that Made Conservation a ‘Use’ of Public Lands
The Trump administration has moved to cancel the 2024 Biden-era rule that allowed conservation projects to be leased on Bureau of Land Management (BLM) lands on the same footing as oil, gas, mining, logging and grazing. Interior Secretary Doug Burgum...
Blast Off for Star as Tumblegum South Mining Starts
Star Minerals (ASX:SMS) has fired the first blast at its Tumblegum South project in Western Australia, moving the mine from development into active extraction. The partnership with MEGA Resources includes a 50/50 profit split and a Right‑to‑Mine agreement that covers...
Thailand Pulls Out of Historic Cambodia Joint Exploration MoU
Thailand announced it is withdrawing from the 2001 memorandum of understanding with Cambodia that set out joint exploration and development of offshore oil and gas in their overlapping maritime claims area. The decision ends a two‑decade‑old framework aimed at sharing...
Deep Mining Models Improve Gas Drainage and Safety
Researchers have combined dual‑porosity modeling with triaxial laboratory tests to map how stress‑driven plastic damage around deep coal‑seam boreholes influences methane flow. The study shows a four‑fold increase in in‑situ stress can produce a 13‑fold rise in damage, and identifies...
K92 Mining Announces Strong Q1 2026 Financial Results – Record Quarterly Revenue, Net Income, Operating Cash Flow, EBITDA and Net...
K92 Mining reported record first‑quarter results, with revenue of $236.3 million—a 63 % increase year‑over‑year—and net income of $116.6 million, up 66 %. Production reached 46,743 ounces gold‑equivalent, matching budget, while cash costs fell to $785 per ounce of gold. The company ended the quarter...
SC Rule vs Mining ‘Trial by Sentiment’ Hailed
The Philippine Supreme Court dismissed a Writ of Kalikasan petition against Hinatuan Mining Corp., a unit of Nickel Asia Corp., citing insufficient form and substance. The court emphasized that environmental cases must be grounded in scientific evidence and proper judicial...
NESI Technology Powers New Low-Carbon Lithium Plant in Germany
Vulcan Energy Resources has begun building a low‑carbon lithium plant in Frankfurt using NORAM Electrolysis Systems Inc. (NESI) proprietary NORSCAND technology. The project is backed by a €2.2 billion (~$2.4 billion) funding package and targets 24,000 tonnes of lithium hydroxide per year—enough for...
Gold Ticks Lower Amid Increasing Oil-Driven Inflation Concerns After U.S. Rejects Iran's Peace Plan
Gold edged lower on Monday, slipping 0.01% to $4,730.50 per ounce after the United States dismissed Iran's counter‑proposal to a peace plan, reigniting oil‑driven inflation concerns. Silver surged 6.5% to $85.84 per ounce as investors shifted toward risk‑on assets. The...
Fastmarkets Extends Consultation on Proposal to Launch Price Assessment for Tungsten Unwrought Metal Bar, CIF Main Ports Europe, US, Japan
Fastmarkets has extended the consultation on its proposed price assessment for unwrought tungsten metal bars to May 26, with a decision slated for May 29. The new index would price 99.8% pure tungsten bars on a CIF basis to major ports in...
Mosaic to Scale Back US Phosphate Production over High Input Costs
Mosaic, the largest U.S. phosphate producer, announced it will halve output at its Faustina, Louisiana, and Bartow, Florida plants due to soaring sulfuric acid prices, a key input for monoammonium phosphate. The curtailment trims U.S. production by roughly 3.4 million tons, undermining...
ABTC Claims Record Revenue, Positive Growth Margin in Third Quarter of FY26
American Battery Technology Co. (ABTC) reported a record $7.8 million in third‑quarter FY26 revenue, up 64 percent QoQ, and posted its first positive gross margin of $738 k. The Nevada recycling plant’s improved efficiency drove cost‑of‑goods‑sold growth to only 11 percent, while the company...
Silver Price Jumps to Two-Week High Despite US-Iran Deadlock
Spot silver surged 7% to nearly $86 per ounce, hitting a two‑month high despite a deadlock in US‑Iran peace talks. Gold edged up about 0.4% as investors weighed the geopolitical tension and broader macro data. Technical analysis shows silver breaking...
Iran War Chokes ‘Major Driver’ of Global Economy
The U.S. war in Iran has choked the Strait of Hormuz, trapping roughly 15 million barrels of crude and 5 million barrels of petroleum products each day. The resulting supply squeeze pushed U.S. diesel prices 60 percent higher than a year ago, the...
Indonesia Postpones Royalties Bump
Indonesia’s Ministry of Energy and Mineral Resources announced a postponement of the scheduled increase in mine royalties. Minister Bahlil Lahadalia said the delay is intended to allow the government to develop a more beneficial formulation of the royalty structure. The...
Galiano Assays Expand Asanko Gold Mine in Ghana
Vancouver‑based Galiano Gold announced new assay results from its Asanko mine that extend the Abore underground deposit well beyond the current resource. Notable intercepts include 53 m at 3.9 g/t Au from 179 m depth and a high‑grade 6 m at 8.4 g/t Au from...
TMC and Allseas Sign Agreement for Offshore Nodule Recovery Operation
The Metals Company (TMC) has signed a contract with offshore contractor Allseas to develop, commission and operate the world’s first commercial polymetallic‑nodule collection system in the Clarion‑Clipperton Zone. The system, featuring two collector vehicles, a four‑kilometre riser, and the surface...
Namibia: Otjikoto Mine Exceeds Expectations in First Quarter
B2Gold’s Otjikoto Mine in Namibia delivered 24,529 ounces of gold in Q1 2026, far surpassing internal forecasts and boosting the company’s total first‑quarter production to 237,763 ounces. The surge stemmed from a higher‑than‑expected ore grade, despite modest mill‑throughput reductions caused...
Copper Shrugs Off Middle East Uncertainty to Eye Record High
Copper is approaching its highest ever close, trading around $13,730 per ton on the LME, as broader base‑metal prices rise despite the US‑Iran standoff. Tight supply, declining Chinese inventories, and strong demand from clean‑tech exports are driving the rally. Analysts...