Another 20-Year LNG Offtake Lands in Mexican Project’s Bag
International Resources Holding (IRH) has signed a 20‑year sale‑and‑purchase agreement to purchase 1 mtpa of LNG from Amigo LNG’s upcoming export terminal in Guaymas, Sonora. Deliveries are slated to begin in the second half of 2028 when the project’s first liquefaction train reaches commercial operation. The agreement gives IRH Pacific‑Basin supply that avoids the Panama Canal, strengthening its diversified global trading portfolio. The deal also underscores Mexico’s growing role as a strategic LNG hub for Asian markets.
Indonesian Geothermal Projects Stall Amid Indigenous Concerns over Justice
Indonesia’s ambitious geothermal program on Flores, once touted as a renewable‑energy showcase, has stalled after nearly a decade of delays. The project, initially backed by the World Bank and Germany’s KfW, faced sustained opposition from Manggarai Indigenous communities concerned about...
The Energy Transition Has Its Own Strait of Hormuz
The clean‑energy transition is reshaping global energy chokepoints, moving vulnerability from oil‑laden sea lanes to the supply chains of critical minerals. Recent crises, such as the Iran war, have highlighted how dependent nations are on these new bottlenecks in refining,...
Proven in Canada: Komatsu Launches Its Largest Hydraulic Mining Excavator
Komatsu Germany Mining Division has globally launched the PC9000‑12, the largest hydraulic mining excavator in its lineup, after a successful rollout in Canada. The machine can handle 46‑m³ front‑shovel or 49‑m³ backhoe buckets and load 240‑400‑ton trucks in three to...
Mediterranean Gas Field Back Online After Shutdown Due to Regional Safety Woes
Chevron Mediterranean Limited and its partners have restarted gas production at Israel’s Leviathan field after a 33‑day shutdown triggered by regional security tensions. The suspension, caused by the U.S.–Israel military response to Iran and related LNG disruptions, is not expected...
Fastmarkets Proposes to Amend Publication Times, Holiday Pricing Schedule for Asian Base Metals Assessments
Fastmarkets has proposed shifting the publication schedule for its Asian base‑metal assessments from UK working hours to China or Singapore working hours, aligning the holiday calendar with local markets. The change also introduces new cut‑off times for several copper assessments...
Hindustan Zinc’s Mined Metal Output Rises in Q4; Silver Production Slips
Hindustan Zinc Ltd reported a modest rise in mined metal output to 315,000 tonnes in Q4 FY26, a 2% increase year‑on‑year. Refined metal production grew 5% to 282,000 tonnes, while silver output slipped 0.2% to 176 tonnes. The company's wind‑power...
Zimbabwe: Botha Mine's Appeal Bid Questioned As Court-Ordered Inspection Goes Ahead
Zimbabwe’s Bindura Magistrates Court ordered an environmental site inspection at Botha Mine, while the company filed a last‑minute appeal to the High Court in Bulawayo. EMA invited all stakeholders to the verification on 2 April, but Botha Mine’s appeal is deemed...
Leading UK Climate Scientists Warn Against New North Sea Drilling
A coalition of leading UK climate scientists has publicly warned the government against approving new oil and gas drilling licences in the North Sea. They argue that the additional production would generate roughly 30 million tonnes of CO₂ annually, undermining the...
Tanker Shipping Market Very Tight Due to Dislocation of Tonnage
A New York panel convened by NYMAR and YSPNY warned that tanker markets have become exceptionally tight after the onset of Operation Epic Fury, which displaced VLCCs and forced Suezmaxes and Aframaxes onto Asian routes. Panelists highlighted Asia’s heightened dependence on Middle‑East crude...
Ventura Offshore Secures Brazil Rig Extensions with Petrobras
Ventura Offshore announced contract extensions for two of its offshore rigs operating in Brazil. The 2009‑built SSV Victoria will receive a 1,455‑day extension starting January 2027, adding roughly $466 million to the company’s backlog. The drillship Atlantic Zonda secured a 365‑day extension...
Sponsored Article: Revival Gold Preps for 2027 Mercur Decision After Strong Assays
Revival Gold reported high‑grade assay results from its historic Mercur gold mine in Utah, including 9.8 g/t Au over 5.7 m in drill hole RMC25‑028. The company has finished 13,000 m of drilling and aims to release a prefeasibility study in early 2027,...
‘Phytocapture’ From Kazakhstan Research Institute Helps Trap Airborne Dust Near Gold Mine
China's Zijin Mining will spend $500 million to build a processing plant in Kazakhstan after acquiring RG Gold for $1.2 billion. RG Gold, now part of Zijin, has planted over 100,000 Scots pine trees across 20 hectares to capture dust from its Raygorodok open‑pit...
Tariffs Strained U.S. Aluminum Supplies. Now the Iran War Is Making It Worse.
U.S. tariffs on imported aluminum have tightened domestic supply, and the escalating conflict in Iran is further disrupting global metal shipments. Manufacturers like Awake Window & Door in Arizona are already cutting production, while Reitnouer Trailers relies on roughly 4,500 pounds...
Barrick Warns of “Significant Increases” To Budget, Timeline for Pakistan Copper Project
Barrick Gold warned that its Reko Diq copper project in Pakistan could see "significant increases" to the previously disclosed capital budget and a delayed timeline. The miner now expects to extend the project review until mid‑2027 due to escalating security...
America’s War Machine Runs on Tungsten—And It Could Run Out
U.S. military operations against Iran have exposed a critical dependence on tungsten, a metal essential for armor‑piercing rounds and rocket nozzles. Prices have surged more than 500% as existing stockpiles dwindle, and the United States imports the majority of its...
Administration Adjusts Metals Tariffs
President Donald Trump signed a proclamation revising the 2025 steel, aluminum and copper tariffs. Derivative products containing less than 15% metal are now duty‑free, while those above that threshold see the rate drop from 50% to 25% and are assessed...
Komatsu Launches Its Largest Mining Excavator Globally After Successful Operations in Canada
Komatsu has launched the PC9000‑12, the company’s largest hydraulic mining excavator, following a successful pilot in Canada. The machine can move more than 80 tons per pass and achieve production rates of roughly 8,000 tons per hour. It is offered in diesel...
Energy Security Drives Coal ETF Assets to Double in March
The Range Global Coal Index ETF (COAL) saw assets double in March as investors rushed into coal amid heightened energy‑security concerns triggered by the Persian Gulf conflict. COAL climbed just over 11% in the month and has delivered roughly 60%...
Govt Imposes Import Curbs on All Articles of Gold, Silver, Platinum
The Indian government has imposed a blanket import ban on all articles of gold, silver and platinum, overriding any existing contracts, letters of credit or advance payments. The Directorate General of Foreign Trade announced the revision of Chapter 71 of the...
Founders Metals Makes First Discovery at Antino North; Drills 17.22 G/T Au over 3.6 M Within 24.6 M of 2.81...
Founders Metals announced its first drill hole in the Antino North area of southeastern Suriname, intersecting 17.22 g/t gold over 3.6 m within a broader 24.6 m interval grading 2.81 g/t, starting just 1.5 m below surface. The high‑grade, near‑surface intercept confirms the presence of...
Komatsu Germany Mining Division Announces Global Launch of PC9000-12 Hydraulic Mining Excavator
Komatsu Germany Mining Division has launched the PC9000-12, the biggest hydraulic excavator in its PC series, for global sale after a successful debut in Canada. The machine can be equipped with diesel Tier 4, unregulated diesel, or electric drive, and is...
South America’s Rightward Shift Lifts Mining
Colombia’s May 31 presidential election will test whether a right‑leaning, market‑friendly government can revive a mining sector that contributed about 2.4% of GDP but saw output fall amid higher taxes and security concerns. The vote comes as Argentina, Chile and Bolivia...
Polestar Launches Recycled Battery Content in Two Models
Polestar announced that the battery packs in its Polestar 2 and Polestar 3 models will contain at least 50 % recycled cobalt, marking the first rollout of circular battery material in its lineup. The initiative is part of a broader circularity strategy that...
Atlas Lithium’s Neves Project Selected for Potential Funding Under US-Japan Partnership
Atlas Lithium’s flagship Neves lithium project in Brazil was named in the joint US‑Japan critical minerals fact sheet, making it the sole Brazilian asset under consideration for government funding. The inclusion follows a $30 million strategic investment and off‑take agreement with...
First Majestic Eyes Late 2027 Restart for Jerritt Canyon
First Majestic Silver announced plans to restart the Jerritt Canyon gold mine in Nevada by late 2027, targeting a $75 million (≈ $76 million USD) 2026 investment for technical work, underground development and plant upgrades. A new prefeasibility study is slated for Q4...
Brazil’s Iron Ore Production to Rise Due to Stronger Vale Performance
Brazil’s iron ore output is set to climb 1.9% in 2025, reaching 437.2 million tonnes, driven largely by Vale’s 336.1 mt production which accounts for 76.9% of national supply. The resumption of pelletizing Plant No. 4 and the ramp‑up of BHP’s Samarco concentrator...
Baker Hughes, Naftogaz to Explore Energy Cooperation
Ukraine’s state‑owned Naftogaz and U.S. energy‑technology firm Baker Hughes have signed a memorandum of understanding to explore joint projects across the entire energy value chain, from upstream exploration to power generation. The agreement emphasizes improving gas turbine and compressor efficiency,...
Cerrado Battles Portugal over Stalled Copper-Zinc Project
Toronto‑listed Cerrado Gold reported higher earnings but faces a legal battle in Portugal over its Lagoa Salgada copper‑zinc project. The company filed an injunction against an environmental ruling that cited water‑resource risks, arguing procedural flaws and a shortened consultation period....
Cerrado Battles Portugal over Stalled Copper-Zinc Project
Cerrado Gold reported higher earnings but is now embroiled in a legal fight over its Lagoa Salgada copper‑zinc project in Portugal. The company filed an injunction against a January environmental ruling that cited water‑resource risks, claiming procedural flaws. Shares hovered...
Vale Base Metals to Deploy Coarse Particle Flotation at Salobo Copper Mine
Vale Base Metals will introduce coarse particle flotation (CPF) at its Salobo III copper mine in Brazil, aiming to lift ore throughput from 35 Mt in 2025 to 42 Mt by 2029. The CPF system processes larger particle sizes, allowing a primary grind...
Cassiar Gold Launches PEA at B.C. Project
Cassiar Gold Corp. announced the launch of a preliminary economic assessment (PEA) for its 100%-owned Cassiar Gold project in northern British Columbia, targeting completion in the third quarter of 2026. The study will focus on the Taurus deposit, which now...
Exxaro Concludes 9.3mt Coal Sale with Eskom
Exxaro Resources signed a long‑term agreement with South Africa's power utility Eskom to supply 9.3 million tonnes of coal each year to the Matla power station. The coal will come from Exxaro's Matla Colliery, which recently completed a R5.2 bn (≈ $275 m) expansion...
Canuc Provides Details for Seismic Survey
Canuc Resources announced that OptiSeis Solutions has launched a high‑resolution seismic survey on its 100% owned East Sudbury Project in Ontario, backed by Natural Resources Canada’s Critical Minerals Geoscience and Data Initiative. The program will acquire 13.5 km of 2D...
Amarc Confirms Boliden’s Participation in B.C. Copper-Gold Project
Amarc Resources announced that Boliden Mineral Canada will not exercise its option to invest an additional $60 million (≈$44 million USD) to raise its stake to 70%, keeping a 60% interest after a $30 million (≈$22 million USD) contribution through 2025. The partnership, governed...
Singapore Bunker Supply Continues to Run Down as Middle East War Drags On
Singapore, the world’s largest bunkering hub, sold 56.2 million metric tons of bunker fuel in 2025, a 3.2% increase year‑over‑year. Over half of its fuel imports travel through the Strait of Hormuz, which has been effectively closed since the Middle East...
Sudbury to Host Underground Mining Technology Showcase in May
NORCAT’s third biennial Mining Transformed showcase will convene in Sudbury this May, offering the world’s only underground mining technology exhibition. Over three days, developers can demonstrate autonomous, electrified and digital solutions inside the NORCAT Underground Centre, letting buyers evaluate performance...
Anfield Energy Submits Notice of Intent for Underground Drilling at SM-18 Uranium-Vanadium Project, Colorado
Anfield Energy filed a Notice of Intent to commence underground drilling at its SM‑18 uranium‑vanadium project in Colorado, aiming to verify and potentially expand existing resources. The program will also support the development of a comprehensive Plan of Operations, positioning...
World Fuel, West Coast Clean Fuels Launch US Methanol Bunkering Service
World Fuel Services and West Coast Clean Fuels have launched a U.S.‑wide methanol bunkering capability after a successful pilot in South Florida. The service uses Coast Guard‑approved procedures, trained crews and purpose‑built equipment to deliver methanol directly from trucks to...
Improving Recycling Rates for Cell-to-Pack Battery Systems
The Fraunhofer IPA‑led ‘Difference’ project targets the low recyclability of Cell‑to‑Pack (CTP) battery designs, which replace traditional modules with directly integrated cells. By focusing on robot‑assisted, laser‑based disassembly, the consortium aims to separate adhesives, foams and metals efficiently. The initiative,...
Coal Mine Giant EVR Contributes $6.1B to Canadian Economy
Elk Valley Resources (EVR), Canada’s largest steel‑making coal producer, reported that its operations generate roughly $4.5 billion USD in national GDP, accounting for about 12% of the country’s mining sector. In British Columbia, EVR contributes approximately $3.9 billion USD to the provincial...
OMV Petrom’s Black Sea Well Fails to Find Significant Gas Volumes
OMV Petrom and its partners completed drilling the Krum‑1 exploration well in the Han Asparuh Block offshore Bulgaria, reaching roughly 3,500 metres without encountering significant gas volumes. The well follows the Vinekh well as the second deep‑water test in the Black Sea basin....
StanChart Warns OPEC+ Could Abandon Cuts at Next Meeting
Standard Chartered’s energy research head Emily Ashford warned that the OPEC+ meeting on April 5 could see the group abandon its voluntary output cuts and associated compensation cuts, effectively unwinding the remaining April 2023 adjustments. She highlighted that eight OPEC+ members, led...
Mon Mine Restart Clears Another Hurdle
Sixty North Gold Mining has completed the winter‑road delivery of all equipment needed to restart the Mon gold mine in the Northwest Territories. The company aims to begin mill construction this summer and resume production at a permitted 100‑ton‑per‑day capacity,...
Borr Drilling Secures New Drilling Rig Contracts Across Four Regions
Borr Drilling announced new contract commitments and extensions for four of its premium jack‑up rigs spanning West Africa, the Americas, Europe and Southeast Asia. The Prospector 5 rig secured a binding 320‑day, up‑to‑220‑day extension contract with BW Energy in Gabon. The...
Transocean Secures $1bn Backlog Boost
Transocean announced a roughly $1 bn increase to its order backlog after winning a new harsh‑environment semisub contract in Norway and securing extensions for two ultra‑deepwater drillships in Brazil. The Barents rig will operate under a 1,095‑day, $450,000‑per‑day agreement starting mid‑2027,...
Future of Matla Mine, Power Station Secured as Exxaro, Eskom Ink CSA to 2043
Exxaro Resources and state utility Eskom have signed a new coal supply agreement that extends the delivery of Matla mine coal to the Matla power station through November 2043, renewing a partnership that began in 1983. The contract is a...
BP, ADNOC JV Takes FID on Harmattan Gas Project Off Egypt
Arcius Energy, the BP‑ADNOC joint venture, announced a final investment decision to develop the Harmattan gas field in Egypt’s El Burg Offshore concession. The project carries an estimated $500 million investment and aims to lift domestic natural‑gas output. Execution contracts have been...
Metso Launches Robotic Split Strip for Optimised Cathode Stripping in Copper Operations
Metso has launched the Outotec® Robotic Split Strip, a compact, robot‑driven system for separating cathode sheets from plates in copper electrorefining. The solution combines hydraulic precision with flexible robotics, replacing bulky mechanical split‑strip machines and allowing easier installation and maintenance....
Zacatecas Silver Starts 2026 Drilling at El Cristo, Mexico
Zacatecas Silver has kicked off its 2026 diamond drilling campaign at the El Cristo Project in Mexico’s historic Zacatecas Mining District. The first hole reached 117 m depth on a –60° incline and intersected a brecciated, sulphide‑rich vein between 89 m and...
