March 2026 Steel Output Rises Month on Month
World Steel Association data show March 2026 steel production rose 12.7% month‑on‑month to 159.9 million metric tons, yet remained 4.2% lower than March 2025. The rebound was driven by China’s 14.3% output surge after the Lunar New Year break, alongside strong gains in the United States (10.8% MoM) and India (12.5% MoM). Despite these gains, first‑quarter output fell 2.3% YoY as several regions, including Russia and Brazil, trimmed production. Capacity utilization in U.S. mills reached 80%, matching a White House tariff‑related target.
AT4 Joins US Defence Consortium Push for Tungsten, Antimony
American Tungsten & Antimony (ASX:AT4) has been admitted to the U.S. Defense Industrial Base Consortium, giving it a direct line to the Department of War and access to DoW‑sponsored funding. The company is evaluating a hub‑and‑spoke model that would turn...
Report: Countries with the Most Gold Reserves, 2026
Gold prices topped $5,300 per ounce in early 2026, pushing bullion bars above $1 million each. Official holdings show the United States still leads with 8,133.5 tonnes, followed by Germany, Italy and France, while Russia, China and several mid‑size economies expand their...
Lithium Supply Tightens as Low Prices Stall New Projects
Lithium supply is tightening, with analysts warning of a potential global deficit as early as 2024 that could extend to 2035. Prices have plunged about 80% year‑over‑year to mid‑2025, eroding miner margins and stalling new projects. Production cuts are evident...
Transformer Network Enhances Underground Mining Image Resolution
Researchers introduced BDL, a transformer‑based super‑resolution network that restores degraded underground coal‑mine images. The architecture combines a Bidirectional Adaptive Interaction Module, Dual‑Group Feedforward Network, and Local Convolution Block to fuse local and global features. In tests, BDL achieved 32.07 dB PSNR...
How Mining Companies Are Innovating to Address Sustainable Tailings Management
South African miners are accelerating sustainable tailings management as gold output drops 32% and underground mining becomes uneconomic. DRDGOLD’s Ergo operation now treats roughly 1.7 million tonnes of tailings annually, integrating real‑time leak detection, SCADA monitoring, and concurrent land‑rehabilitation. Panelists at...
Canada Offers Mines and More in $730b Investment Bid Slammed as Unsustainable
Canadian Prime Minister Mark Carney announced a first‑ever Canada Investment Summit in Toronto, slated for September 14‑15, to court C$1 trillion (about $730 billion) of new capital over the next five years. The government is positioning the country’s abundant natural resources—particularly LNG,...
Ten Bagger: Where Big Investors Are Looking After Gold-Fuelled Gains
John Forwood, CIO of the Lowell Resources Fund, says large investors are moving beyond the 67% gold rally of 2023 to hunt alpha in junior battery‑metal, oil‑gas and silver plays. He highlights small‑cap picks such as Equus Energy’s 1.7 tcf gas...
US Department of Energy Unveils “Nuclear Dominance — 3 by 33” Campaign
The U.S. Department of Energy’s Office of Nuclear Energy announced the “Nuclear Dominance — 3 by 33” campaign, a ten‑year effort to guarantee a domestic nuclear fuel supply chain by 2033. Leveraging the Defense Production Act, the initiative brings together...
I’d Rather We Didn’t Build a Potentially Toxic Mine on Minnesota Public Lands
The article surveys several state‑level battles shaping American democracy. In Minnesota, a coalition of environmental groups, tribal leaders and outdoor enthusiasts is mobilizing to block Twin Metals’ proposed copper‑nickel mine in the Boundary Waters, citing risks to pristine waters and...
A New Bureau Will Oversee Both Offshore Drilling and Seabed Mining
The Trump administration announced the creation of the Marine Minerals Administration, merging the Interior Department’s oil‑leasing office with the environmental and financial bureaus that were split after the 2010 Deepwater Horizon disaster. The reunified agency will oversee offshore oil and...
An Oilfield Leak Springs Under a Permian Basin Baptist Church
A gurgling plume of salty produced water erupted in the parking lot of the First Baptist Church in Grandfalls, Texas, after pressure from underground oilfield wastewater forced its way through an old, plugged well. State inspectors from the Railroad Commission...
Oil and Gas: How Obsolescence Management Can Save You Millions of Pounds
Score, an engineering specialist, warns that obsolete valves and components are behind more than 80% of emergency shutdowns in UK oil and gas operations, costing operators millions per day. The firm shows that targeted obsolescence management—assessing critical parts, refurbishing where...
Alaska Senator Reignites Mining Dispute that Could Complicate Canada's Critical Minerals Strategy
Alaska Republican Senator Dan Sullivan has asked Prime Minister Justin Trudeau for stronger environmental safeguards on mining projects in British Columbia’s Golden Triangle, citing risks to trans‑boundary rivers that flow into Alaska. Sullivan’s letters call for formal US‑Canada consultation, dispute‑resolution mechanisms,...
Stakeholders Urge Congress to Improve EPA’s Strict Critical Minerals Regulations
Witnesses told a House environmental subcommittee that EPA’s strict critical‑minerals rules under the Toxic Substances Control Act (TSCA) and the Resource Conservation and Recovery Act (RCRA) are creating costly delays for manufacturers and recyclers. Redwood Materials highlighted how a modest...
Myriad Builds Wyoming Uranium District as Report Shows Scale
Myriad Uranium announced an all‑share merger with Rush Rare Metals that will give the partner a 25% interest and consolidate control of the Copper Mountain district in Wyoming, the first such unification since the 1970s. A new technical report compiles...
China Publishes Maps Detailing Minerals on the Ocean Floor
China’s geological survey has published a detailed deep‑sea atlas that pinpoints deposits of cobalt, nickel, manganese and other critical minerals on the ocean floor. The map covers contested waters in the South China Sea, giving Beijing both a commercial roadmap...
Gold Stocks to Watch in ‘Structural’ Bull Market
Gold equities remain undervalued even as the metal is up about 7.8% year‑to‑date, prompting analysts at Haywood Securities to label the market a structural bull run. The firm projects gold averaging $4,906 per ounce in 2026 and $5,000 in 2027,...
Dutch Startup Resilicon Granted NZIA Support for New European Polysilicon Plant
Dutch startup Resilicon has secured Net Zero Industry Act (NZIA) strategic‑project status for a 13 GW polysilicon plant in Groningen, Netherlands. The EU designation promises streamlined permitting, rapid administrative treatment and access to financing advice. The facility will be powered entirely...
Sandvik DR410i Rotary Drill Rig to Feature in ‘Autonomy-First Operation at Mariana Minerals’ Copper One
Sandvik Mining has delivered a DR410i rotary drill rig, pre‑configured for autonomous operation, to Mariana Minerals’ Copper One mine in Utah. The rig is being commissioned under Sandvik’s AutoMine® Surface Drilling system and will be linked to Mariana’s in‑house MarianaOS...
Morgan Stanley Cuts Gold Price Forecast by Almost 10%
Morgan Stanley’s commodities team slashed its gold price target for the second half of 2026 to $5,200 per ounce, a near‑10% reduction from the prior $5,700 forecast. The downgrade follows a six‑week sell‑off that erased roughly a quarter of gold’s...
Purepoint Advances 3D Uranium Targeting Technology
Purepoint Uranium Group completed an integrated airborne MobileMT electromagnetic survey and 3‑D structural modeling program across its Celeste East, Russell South and Tabbernor projects in the Athabasca Basin. The new workflow sharply improves identification of conductive folds and basement structures...
Fox Tungsten Closes $12.7 Million Bought Deal Financing
Fox Tungsten Ltd. closed a CAD$12.7 million (~US$9.3 million) bought‑deal private placement, issuing hard‑dollar and charity flow‑through units. The proceeds will fund a 2026 exploration program and a preliminary economic assessment for its high‑grade Fox Tungsten Project in central British Columbia, which...
Golden Pass Ships First LNG Cargo, Launching Major New U.S. Export Supply
Golden Pass LNG, a QatarEnergy‑ExxonMobil joint venture, shipped its first export cargo from Sabine Pass, Texas, marking the transition from commissioning to commercial trade. The three‑train terminal aims to export about 18 million tonnes per annum, positioning it among North America’s...
Middle East Conflict Triggers Aluminium Supply Concerns
The global aluminium market is confronting a sudden supply shock as the Middle‑East conflict disrupts both primary aluminium and alumina shipments. The region accounts for roughly seven million tonnes, about 9% of worldwide output, and the disruption could create a...
Pantoro Partners with Mega Resources on Rama Pit in WA
Pantoro Gold has entered a profit‑sharing partnership with Mega Resources and Bain Global Resources to develop the underground extension of the Rama Open Pit in Western Australia’s Forrestania region. Pantoro will advance up to A$20 million (≈ $13.2 million) to Mega for stage‑two...
Anglo Asian Mining Invests in Processing Capacity at Gedabek, Demirli Operations
Anglo Asian Mining plc announced major upgrades to its Gedabek and Demirli processing plants in Azerbaijan. At Gedabek, nine high‑efficiency Imhoflot pneumatic flotation cells were installed for about $1.8 million, alongside an Energy Efficient Pulp Lifter and other equipment, to improve...
Teck Flags Chile Cost Pressure Amid Fuel Squeeze
Teck Resources warned that rising diesel and freight costs tied to supply disruptions in the Strait of Hormuz could increase operating expenses at its Chilean copper mines through the second quarter of 2026. Despite the cost pressure, the miner delivered...
Republican Lawmakers Attempt to Shield Big Oil From Climate Lawsuits in ‘Alarming’ Bills
Republican lawmakers introduced the Stop Climate Shakedowns Act of 2026, led by Rep. Harriet Hageman and Sen. Ted Cruz, to grant oil and gas companies sweeping legal immunity from climate‑related lawsuits. The proposal would dismiss more than 70 pending state...
Zimbabwe: Zimbabwe Seeks Investment in Mineral Value Addition After Raw Export Ban
Zimbabwe’s cabinet has imposed a ban on raw mineral and lithium concentrate exports, signaling a pivot toward domestic processing and refining. Vice President Constantino Chiwenga urged private‑sector investment to build processing plants, expand steel capacity, and develop renewable energy projects....
Tight Supply Drives Surge in High-End AHTS Dayrates
High‑end AHTS dayrates in the North Sea have surged as supply tightens. The global fleet of about 1,700 AHTS vessels includes only roughly 150 high‑spec units over 200 t bollard pull, with more than 60 % older than 15 years and no new...
Liberia: Gold Rush Chaos Threatens Rivers, Power, and Governance
Integrity Watch Liberia released a field assessment warning that the country’s artisanal and small‑scale mining (ASM) sector is rapidly turning into a semi‑industrial gold rush. Mechanized dredging on the St. Paul and Tuma rivers is causing severe water contamination, fish loss,...
Analyst Report: Newmont Corp
Argus analyst coverage lifted its outlook on Newmont Corp., the world’s largest gold miner, and raised the firm’s price target. The Denver‑based company, founded in 1921, generates roughly 85% of its revenue from gold and operates across North America, South...
TNM Podcast: Juan Biset on Argentina Glacier Mining Reform, Copper Triangle
In the latest TNM Podcast, former Argentine Undersecretary of Mining Juan Biset discusses the government’s plan to overhaul the 2010 glacier mining law, a framework that has limited large‑scale copper development in the Andes. He outlines how the reform could...
Silver Extends Losses as US-Iran Stalemate and Rate Hike Bets Weigh on Precious Metals
Silver prices slipped further Tuesday as Iran rejected participation in Islamabad talks, heightening geopolitical tension. The market’s bearish tilt was reinforced by persistent U.S. rate‑hike expectations, keeping upside capped. Technical charts show the metal breaking below $78, eyeing the $67...
Floating Wind & Deepwater Oil and Gas - Two Worlds Collide
The latest Intelatus Global Partners forecast warns that rising floating offshore wind projects will strain the supply of large anchor handling tug supply vessels (AHTSs) and multi‑purpose support vessels (MSVs) as early as 2029‑2031. While deep‑water oil and gas activity...
Hormuz 'Reopening Optimism' Is 'Sliding Fast', Analyst Warns
Analysts warn that optimism about a May 1 reopening of the Strait of Hormuz is eroding, raising the risk of a sharp Brent price adjustment. SEB’s Bjarne Schieldrop notes that each week of delay could add roughly $5 per barrel to...
Anglo American Draws Three Bidders for Coal Sale
Anglo American is restarting the sale of its Queensland steelmaking coal assets after a $3.8 billion deal with Peabody Energy fell apart due to a mine fire. At least three parties—Stanmore Resources, Mitsubishi Corp. and Indonesia’s BUMA Internasional—are now in the...
Deepwater’s Playbook for Delivering Growth
Deepwater oil output is projected to climb from roughly 8 million barrels per day today to about 10 million barrels per day by the early 2030s, according to Welligence. After 2035, production will decline unless a new wave of pre‑FID projects is...
BOEM Issues Environmental Review for Multi-Well Stimulation at Californian Offshore Platform
The U.S. Bureau of Ocean Energy Management (BOEM) issued a final environmental impact statement for well‑stimulation, including hydraulic fracturing, on Platform Gilda off Ventura County, California. The document was completed in just 28 days after the notice of intent and...
Red Dog Zinc Output Fades in Transition
Teck Resources announced a C$200 million (US$145 million) investment to extend the life of its Red Dog zinc mine in Alaska as first‑quarter output fell 9% to 106,200 metric tons and the average zinc grade slipped 11% to 12.1%. The company’s revised three‑year...
Pogo Gold Production Rebounds During Q1
Northern Star Resources reported that its Pogo underground mine in Alaska produced 65,672 ounces of gold in Q1 2026, up from 52,832 ounces the prior quarter. All‑in sustaining costs dropped to $1,529 per ounce, down from $1,871. The average ore grade...
SIEMAG TECBERG’s First Hoisting Project in Indonesia Successfully Accepted
SIEMAG TECBERG Machinery supplied two vertical shaft hoisting systems to the SDE 2# coal mine in South Kalimantan, Indonesia, and they have now passed final acceptance. The $300 million project, developed by Qinfa Group, aims to produce up to 10 Mt of...
Cameco: The Uranium Powerhouse I'd Buy on Every Dip and Hold Through Any Energy Shock
Cameco, the largest North American uranium miner, owns high‑grade assets at McArthur River and Cigar Lake and holds a 49% stake in Westinghouse Electric. The company stands to benefit from the U.S. shift away from Russian uranium and the planned...
UK Energy Sec Says North Sea Is an 'Important Resource'
UK Energy Secretary Ed Miliband reaffirmed the North Sea as a vital domestic energy resource, announcing the rollout of Transitional Energy Certificates (TECs) to enable continued production in existing fields. The government’s North Sea Future Plan bans new oil and...
Valterra Normalizes Quarterly Production After Last Year’s Flooding
Valterra Platinum reported Q1 2026 production normalizing after last year’s flood, with total PGM output up 7% to 743,500 oz and sales 60% higher at 791,400 oz, driven by a five‑year‑high basket price of $2,911 per ounce. The company deferred first‑quarter maintenance to...
WireCo Reports that Synthetic Pendants Cut Mining Equipment Stress and Extend Asset Life
WireCo introduced UNION Gladiator synthetic pendants that damp vibration and shock in draglines and electric rope shovels, cutting harmonic energy by 13% and sideload stress by roughly 29%. The reduced dynamic loads translate into an average 14% extension of component...
CHART: Freeport-McMoRan Stock Craters on Grasberg Ramp-Up Delay
Freeport-McMoRan reported Q1 earnings that beat estimates but saw its shares tumble more than 13%, pushing the market value below $90 billion. The company confirmed a slower‑than‑expected restart at Indonesia’s Grasberg mine, cutting the second‑half 2026 operating rate to about 65%...
Fortuna Reports 15% Increase YoY in Consolidated Mineral Reserves and Updates Estimate of Sunbird Deposit, Séguéla
Fortuna Mining Corp. announced a 15% year‑over‑year increase in its consolidated proven and probable mineral reserves, now totaling 3.0 million gold‑equivalent ounces after accounting for production depletion. The Sunbird deposit at the Séguéla mine saw underground reserves rise 34% to 539,000...
War Turns Sulphur Market Toxic in Acid Supply Shock
Global seaborne sulphur shipments plunged in March 2026, falling 31% month‑on‑month to 1.5 million tonnes, the sharpest decline in a decade after the Strait of Hormuz was effectively closed. The Gulf, which supplies over half of the world’s sulphur, saw exports...