Yukon Metals Secures Sumo Option
Yukon Metals Corp. has secured an option to acquire the 1,875‑hectare Sumo copper‑gold property adjacent to its Birch project. The deal requires $289,000 cash, 1.5 million shares and $2.64 million of work expenditures by 2031, with a 2.5% NSR royalty retained by the seller. Soil and surface sampling at Sumo revealed copper‑gold‑molybdenum anomalies and a 1,100 × 600 m skarn target that remains untested. The acquisition expands Yukon Metals’ presence along a promising southwestern Yukon mineral belt.
The US Mint Is Producing Tainted Coins
The U.S. Mint’s gold‑coin program generates roughly $3.5 billion in annual sales, driven by collectors and investors. A Reagan‑era statute mandates that the gold used be sourced from natural deposits within the United States. Investigations reveal that up to 20% of...
Fortune Targets Federal Funding for NICO
Fortune Minerals is courting Canadian and U.S. federal funds to develop the NICO deposit in the Northwest Territories, a site that holds 12% of global bismuth reserves and significant cobalt, copper, and gold. The company received C$17 million (US$12.2 million) for feasibility...
EVelution Energy and Mitsui Sign $850m Cobalt Supply Deal
EVelution Energy has secured a five‑year, $850 million cobalt offtake deal with Japan's Mitsui, granting the trader access to up to 3,000 tonnes per year from a new Arizona processing plant. The facility will be the United States’ first commercial‑scale cobalt metal...
Southern Palladium Doubles Expected Chrome Recoveries From the Bengwenyama Mine
Southern Palladium announced that recent metallurgical testing at its proposed Bengwenyama PGM mine has doubled projected chromite recoveries, raising the estimate from 30% to 65%. Executive Chairman Roger Baxter said the results underscore the orebody’s high grade and the project’s...
UAE Withdraws From OPEC, OPEC+
The United Arab Emirates announced it will leave OPEC and OPEC+ on May 1, ending a membership that began in 1967. The move aligns with Abu Dhabi’s long‑term energy strategy, allowing it to boost output toward a 5 million‑barrel‑per‑day target by 2027. UAE...
Sandvik Gives Annual Award to Its Electric Train
Sandvik awarded its own “electric train” system the company’s annual sustainability prize. The fully integrated, electrified crushing and screening solution combines two all‑electric machines with a hybrid unit, delivering a 25% reduction in fuel consumption. The award, presented to the...
Sylvania Platinum Rakes in Profits From Higher Pgm Prices in the March Quarter
Sylvania Platinum posted a strong March‑quarter performance, driven by a 28% rise in PGM basket prices and higher chrome sales. The company exceeded operational plans and expects to meet the upper‑end of its 90,000‑93,000 oz PGM production guidance for the year....
CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output
China's state‑owned offshore producer CNOOC reported a 7.1% rise in first‑quarter net profit to 39.14 billion yuan ($5.73 billion), helped by higher oil prices and higher output. Revenue climbed 8.6% to 116.08 billion yuan (≈$17 billion) as total production reached 205 million barrels of oil...
Russian Iron Ore and Grain Exports by Rail Skyrocket Amid War in the Middle East
Russian rail freight for iron ore surged 30% year‑on‑year in Q1 2026, reaching 57,100 tonnes, while grain shipments via rail approached a record 19.26 million tonnes between July 2025 and March 2026, representing 52‑56% of the modal mix. China stayed the top iron‑ore...
Regenerative Salt Landscapes: An ArchDaily Student Project Awards Winner Rethinking Extraction in Argentina
A team of architecture students from the National University of Córdoba won the ArchDaily Student Project Awards with a thesis titled “Regenerative Salt Landscapes.” The project tackles the clash between expanding lithium extraction at Argentina’s Olaroz Salt Flat and the...
Rain, Ground Conditions Crimp Whitehaven Production
Whitehaven Coal reported a sharp drop in production for the March quarter after heavy rain in Queensland and persistent geotechnical problems at its Narrabri longwall mine in New South Wales. The wet conditions slowed haulage and forced temporary shutdowns, while...
Resources Top 5: Eclipse Emerges with Larger REE Resource; Tivan Rides Tungsten Wave
Eclipse Metals boosted its Grønnedal rare‑earth resource to 208 Mt at 0.72 % TREO, adding a sizeable neodymium‑praseodymium component critical for EV magnets. Tivan Resources unveiled a scoping study for its Molyhill project that forecasts a $355 million post‑tax NPV, a 79 % IRR...
Indonesia’s Huafei to Cut MHP Output on Sulphur Costs
Huafei Nickel Cobalt, the Indonesian arm of China’s Huayou, will place half of its mixed hydroxide precipitate (MHP) capacity into temporary care and maintenance from 1 May due to sharply higher sulphur costs and sustained high plant utilisation. Granular sulphur prices have...
Comment Sought on Ellison and Rinehart Backed Lithium Mine
A proposal for a greenfield lithium mine in Western Australia’s Gascoyne region has been released, backed by mining veterans Chris Ellison and Gina Rinehart. The project, led by Delta Lithium, entered a seven‑day public comment period, inviting stakeholders to weigh...
Western Gold Extends Toll Milling Deal with Wiluna Mining
Western Gold Resources has secured a six‑month extension to its toll‑milling agreement with Wiluna Mining. The deal allows the Gold Duke project in Western Australia to continue using Wiluna’s Matilda carbon‑in‑leach plant while the company refines its mine‑planning and development...
Kenya: Ruto Pushes for Mineral Processing in Africa As Leaders Call for Value Addition
President William Ruto reaffirmed Kenya’s strategy to halt raw mineral exports and shift to local processing, refining, and manufacturing. At the Kenya Mining Investment Conference, he highlighted an 11 billion KSh (~$81 million) iron‑ore pelletisation plant in Taita Taveta that will create roughly...
Renascor Starts Commissioning PSG Demonstration Facility
Renascor Resources has moved into full‑plant commissioning of its purified spherical graphite (PSG) demonstration facility in South Australia. The plant, funded by a A$5 million grant (≈US$3.3 million), will test the company’s hydrofluoric‑acid‑free purification process using feedstock from the Siviour graphite deposit....
Eclipse Shares Surge on Big Upgrade at Greenland Rare Earths Play
Eclipse Metals shares surged up to 80% after the company announced a 234% increase in the size of its Grønnedal rare‑earth project in southwest Greenland, reporting 208 million tonnes of total rare‑earth oxides (TREO) at a 0.72% grade and 456,000 tonnes of...
Western Gold Resources Extends Toll Milling Agreement for Gold Duke
Western Gold Resources has secured a six‑month extension to its toll‑milling agreement with Wiluna Mining Corporation, ensuring that all Stage 1 ore from the Gold Duke project can be processed at the Matilda plant. Stage 1 targets 686,000 tonnes grading 2.1 g/t for...
Solaris Resources (TSX:SLS) Receives EIA Technical Approval for Warintza Copper Project
Solaris Resources announced that Ecuador’s Ministry of Environment and Energy has granted technical approval for the Environmental Impact Assessment of its Warintza copper project. The approval clears a major permitting hurdle after an 18‑month review and enables the company to...
Locksley Taps Columbia Uni Tech to Fast-Track US Rare Earths
Locksley Resources has teamed with Columbia University to develop faster, cleaner processing routes for bastnaesite‑rich rare‑earth ores at its Mojave project in California. The collaboration is mapping rare‑earth distribution, testing leaching and molten‑salt electrolysis methods, and refining spectroscopic detection techniques....
'Deeply Unjust': Could a Rush for Critical Minerals Harm the World's Most Vulnerable Communities
A new United Nations report warns that the surge in demand for critical minerals such as lithium and cobalt is creating severe, hidden environmental and health crises in low‑income regions of Africa and South America. While wealthy nations benefit from...
WM Cites Recycling as a Factor in Earnings Growth
WM reported a 13.5% rise in first‑quarter net income to $723 million, driven by disciplined pricing, cost optimization and sustainability projects. The blended price for single‑stream recycled commodities dropped to about $65 per ton from $88 a year earlier, yet recycling...
Off-Grid Gold Mine Achieves Record 93.8 Pct Renewables Share over Whole Month
The off‑grid Bellevue gold mine in Western Australia recorded a 93.8% share of wind and solar power in February, the highest monthly renewable contribution for any remote mining operation. Over the March quarter the 90 MW hybrid plant averaged 85.2% renewable...
Terra Links Discovery Zones as Southwest Platinum Group Metals Find Continues to Grow
Terra Metals announced that infill drilling has linked two previously separate intercepts at its Southwest discovery within the Dante project in Western Australia, revealing a continuous 172.4‑metre zone of PGM‑copper‑nickel mineralisation. The interval grades 1.11 g/t PGE3, 0.11% copper and 0.15%...
Lodestar Minerals Confirms Visible Copper in Second Three Saints Drill Hole
Lodestar Minerals announced visible copper and iron‑oxide mineralisation in its second diamond drill hole (L3SDD004) at the Three Saints project in Chile’s Atacama region. The hole intersected copper‑bearing minerals from 219 m to 510 m depth, extending the IOCG‑style system identified in...
Mining Contractors Prepare for Growth as Activity Rebounds, Says Grant Thornton
Grant Thornton’s latest report shows mining contractors are gearing up for a new growth phase as commodity prices rebound, especially for gold, copper and lithium. Contractors are adopting profit‑sharing and joint‑venture contract models, diversifying portfolios and tightening capital discipline to...
Austral Resources Accelerating Towards 50,000tpa Copper Production Target
Austral Resources Australia is accelerating toward a 50,000‑tonne‑per‑year copper output by leveraging a dual‑hub model that pairs the Mt Kelly oxide plant with the Rocklands sulphide facility. Recent operational upgrades pushed Mt Kelly’s heap‑leach stacking to a record 194,193 tonnes in a single...
India Flags Data Gaps as Global Coal Mine Methane Emissions Remain Flat Since 2021: Ember
Coal mining released roughly 35 million tonnes of methane in 2023, a level comparable to oil and gas emissions, and global coal‑mine methane (CMM) output has not moved since 2021. India’s latest report shows 1.2 million tonnes for 2024, yet the IEA’s...
Seismic Velocity Tomography Predicts Mining-Induced Rockburst Risks
A study in Scientific Reports shows that passive seismic velocity tomography can forecast mining‑induced rockbursts with over 86% accuracy. By mapping high P‑wave velocity zones, researchers linked these anomalies to future seismic events at the 1,100‑meter‑deep Xingcun Coal Mine in...
Carbon Direct and Arca Announce Collaboration on Industrial Mineralisation Technology
Carbon Direct and Arca have teamed up to commercialise Arca’s Industrial Mineralisation (IMin) carbon‑dioxide removal technology, which speeds up natural mineral carbonation in mine waste. After an 18‑month pilot with BHP that demonstrated net CO₂ removal, the partners plan to...
Sandvik Grows PNG Footprint as Porgera Attempts 100K Oz
Sandvik announced an expansion of its Lae service center in Papua New Guinea, boosting support for more than 40 mining machines and adding new repair and rebuild capabilities. The upgrade includes a Remote Monitoring Service to predict equipment failures and...
Canaan, Tether Deepen Partnership on Immersion-Cooled Mining Systems
Canaan announced an additional order from stablecoin issuer Tether for high‑density, immersion‑cooled Bitcoin mining modules destined for a South American facility. The deal expands a prior R&D collaboration and includes an option for further purchases, giving Tether flexibility to scale...
Drilling Has Begun at Our Sacred Site Pe' Sla, Setting a Dangerous Precedent for Indigenous Lands Across the Country. It...
Drilling has started in the 2‑mile buffer around Pe' Sla, a federally protected sacred site in South Dakota, after the U.S. Forest Service issued a permit for exploratory graphite mining. The project uses a categorical exclusion, bypassing a full NEPA environmental...
Oilfield Services Majors Bank on Flood of Oil, Gas Projects Linked to Middle East War
Oilfield‑services giants Baker Hughes, Halliburton and SLB say a wave of new oil and gas projects is likely as the U.S.-Israeli war with Iran tightens global energy demand. Their latest quarterly earnings highlight expectations for a surge in upstream contracts...
Tether Collaborates on Bitcoin Mining with Canaan, ACME Swisstech
Tether announced a partnership with chipmaker Canaan and mining services firm ACME Swisstech to launch a modular Bitcoin mining infrastructure. The collaboration introduces the Mining Development Kit (MDK), an open‑source framework that lets operators tune compute, cooling and upgrades independently....
Mariana Minerals Starts Its Copper Mine
Mariana Minerals has restarted the Copper One mine in Utah, formerly known as Lisbon Valley, positioning it as an autonomous‑first copper producer. Backed by Silicon Valley capital, the project aims to leverage end‑to‑end automation to cut operating costs and boost...
Envusa Energy Confirms Supply of Renewable Energy to Key Mines
Envusa Energy, a joint venture between Anglo American and EDF Power Solutions, inaugurated its 520 MW Koruson 2 (K2) renewable‑energy cluster in South Africa, connecting 380 MW of solar and wind power to more than ten mining sites. The R15 billion (~$790 million) investment includes the...
Silver One Posts Rock Sampling Assays and Updates Geophysical Surveys at Phoenix Silver Project, Arizona
Silver One Resources reported that surface rock sampling at its Phoenix Silver Project in Arizona returned high-grade results, including up to 6.97% copper and 5,007 g/t silver. A drone‑borne magnetometry survey over the famed 417 area identified a 1‑km east‑west magnetic...
Union Pacific Settles Dispute with Rail Supplier, Reaches 7-Year Agreement
Union Pacific Railroad settled a legal dispute with Rocky Mountain Steel Mills by signing a new seven‑year contract to source domestic steel rails. The agreement keeps the Pueblo, Colorado mill as a key supplier and coincides with a $1 billion investment...
Mining's Great Consolidation: Why Efficiency Will Decide the Winners
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Rise in Copper Sulphate Prices Increase Cultivation Costs for Coffee, Arecanut Growers
Copper sulphate prices in India have surged about 70% year‑on‑year, climbing from roughly ₹270 ($3.3) per kilogram to over ₹450 ($5.5) now, driven by higher copper and sulphuric‑acid costs. The chemical is essential for Bordeaux‑mixture fungicide used on coffee and...
Cleanova: Tailings Management for Operational Continuity
Cleanova, traditionally a filtration specialist for energy and marine sectors, is extending its technology to mining tailings management. By deploying advanced filtration systems, the company aims to improve solids separation, recycle water, and enhance tailings stability, thereby supporting continuous mine...
Verosoft Powers Enterprise Mining Platform for SMPC Operations
Verosoft has introduced an enterprise‑grade mining platform that uses secure multi‑party computation (SMPC) to let multiple stakeholders analyze shared data without exposing proprietary information. The system blends AI‑driven data mining, seismic modeling and real‑time operational feeds, supporting projects from a...
Ghana Gambles On Gold Royalties
Ghana introduced a sliding‑scale gold royalty that rises to 12% once the spot price passes $4,500 per ounce, immediately placing the country’s major miners in the highest tax bracket as gold traded above $5,000. The sector, which produced a record...
American Rare Earths Accelerates Wyoming Pilot Plant Project
American Rare Earths, through its U.S. arm Wyoming Rare, has accelerated the pilot‑plant phase of its Halleck Creek rare‑earth project in Wyoming. The first two processing stages—milling, sizing and mineral separation—will be performed locally with Western Research Institute and DISA...
South32 and Eskom in Talks over Hillside Smelter Power Supply Following Closure of Mozal
South32 and Eskom have launched a joint working group to negotiate a long‑term electricity supply for the Hillside aluminium smelter after the Mozal plant in Mozambique was placed on care and maintenance on March 15. The Mozal shutdown eliminated roughly...
Australia’s ARC Training Centre for IOCR Announces Four New Commercialisable Mining Technologies
Australia’s Australian Research Council Training Centre for Integrated Operations for Complex Resources (IOCR) has announced four world‑leading mining technologies that have completed research validation and are now ready for industry pilots. The suite includes rapid orebody model updating via integrated...
SLB Rolls Out AlphaSight Reservoir Mapping Solution
SLB has launched AlphaSight, a high‑resolution reservoir mapping and geosteering platform that delivers real‑time subsurface insight at unprecedented depths. The solution, part of SLB’s Sight family, combines advanced measurement technologies to improve well placement and reservoir contact. Field trials across...