Montage Expands West Africa Presence with New Mauritania Exploration Permits
Montage Gold (TSX:MAU) secured five green‑field exploration permits covering more than 2,100 km² in northern Mauritania, marking its first entry into the country. Four permits were awarded in the Sfariat block and an 80%‑owned permit in the Zednes block, both considered under‑explored. The move complements Montage’s existing West African assets, including the Koné project in Côte d’Ivoire, which is slated for first gold pour by year‑end. Shares rose 3.3% to C$16.83, near a record high, as investors welcomed the expansion.
DRC Central Bank Receives First Refined Gold Ingots Under New Reserve-Building Programme
The Democratic Republic of the Congo’s central bank has received its first batch of refined gold ingots, marking the launch of a state‑led reserve‑building programme. The delivery follows a February contract between the central bank and DRC Gold Trading SA,...
ExxonMobil, Energean, Helleniq Energy to Sign Contract for Exploratory Drilling Offshore Greece
ExxonMobil, Energean and Helleniq Energy will sign a contract with Stena Drilling to begin exploratory drilling in Greece's Block 2 offshore in the Ionian Sea. The operation, slated for February 2027, will employ a deep‑water vessel capable of drilling to 35,000 feet. This...
IEA: Global Oil Market Hit by Historic Supply Shock Amid Middle East Conflict
The International Energy Agency reports that the Middle East conflict has slashed global oil supply by 10.1 million barrels per day, pulling total output down to 97 million b/d in March. OPEC+ output fell 9.4 million b/d while non‑OPEC supply dropped 770,000 b/d, creating...
Yahua Secures Lithium Export Quota From Zimbabwe After Suspension
China’s Yahua Industrial Group secured a six‑month lithium export quota from Zimbabwe, allowing it to resume shipments from its Kamativi mine after a two‑month suspension. The quota is intended to keep production stable while Zimbabwe shifts to a quota‑based system...
Andrada Mining Reports Strong Tungsten, Copper and Tin Recoveries at Brandberg West
Andrada Mining announced that test work at Namibia's Brandberg West project achieved up to 91% tungsten recovery, 94% tin recovery and a 90% mass reduction. Grade improvements were dramatic, with tungsten rising from 0.24% to 1.45%, copper from 0.73% to...
COPP: Copper Is King Of Commodities
Sprott Copper Miners ETF (COPP) earned a Buy rating as copper demand surges from electrification and data‑center expansion, with projected consumption of 42 million tonnes by 2040. The fund offers dual exposure to commodity price appreciation and miner cash‑flow improvements via...
Agnico Eagle Mines Limited (AEM) Presents at Mining Forum Europe 2026 Transcript
Agnico Eagle Mines Limited, the world’s second‑largest gold producer, highlighted its global footprint of ten operating mines in Canada, Finland, Mexico and Australia, with 85% of output coming from its Canadian regions. The company reported $8.8 billion in EBITDA and $4.4 billion...
Powering Defense: The Strategic Metals Shaping Warfare | Fast Forward Market Briefing Transcript
The Fast Forward podcast highlighted four niche metals—cobalt, gallium, germanium and antimony—as critical to modern defense systems, from jet‑engine super‑alloys to infrared optics and ammunition. Their supply chains are heavily concentrated, with the Democratic Republic of Congo providing most cobalt...
Future-Proofing Mining
A new webinar highlights how private 5G networks are powering autonomous mining equipment such as trucks, loaders, and drills. The session showcases real‑world deployments that boost operational efficiency while improving worker safety. By delivering low‑latency, high‑capacity connectivity underground, private 5G enables real‑time...
From Signal to Insight
Mining firms are turning to private 5G to overcome the limitations of legacy radio and Wi‑Fi networks, enabling real‑time data flow for autonomous equipment and safety systems. Ericsson and Becker‑Lasec’s partnership combines Ericsson’s private 5G infrastructure with LASEC’s Smartflow platform,...
Aura Minerals Green Lights Guatemala Gold Project
Aura Minerals announced board approval to construct the Era Dorada underground gold mine in Guatemala, raising the project's capital budget to $386‑$453 million. The 17‑year mine is expected to produce 1.75 million oz of gold equivalent, with average annual output of 111,000 oz in...
Oil Pulls Back as IEA Cuts Demand Outlook
Oil prices slipped below $100 a barrel as the International Energy Agency sharply reduced its 2026 demand‑growth forecast, marking the first annual demand decline since the pandemic. The cut, combined with a lull in U.S.–Iran confrontations, has shifted market focus...
Angola Flooding Closes African Copper Export Route
Heavy rains in Angola have forced the Lobito Atlantic Railway to suspend service on the Lobito Corridor, a $2.1 billion rail‑and‑port project that moves copper and cobalt from the DRC and Zambia to Atlantic markets. The shutdown damages bridges and track...
Multi-Country Hydrogen-Based Iron-Ore-to-Green-Steel Breakthrough in Namibia
A hydrogen‑powered rotary kiln in Namibia has successfully converted 80 t of low‑grade Australian iron ore (56 % Fe) into direct‑reduced iron (DRI) at industrial scale, demonstrating climate‑neutral production without pelletising. The pilot, run by the SuSteel AG consortium linking Australia, Namibia and...
Andina Copper Posts 232 Metres of 0.68% Copper, 75 Ppm Moly From 38 Metres at Cobrasco Project, Colombia
Andina Copper Corp. announced drillhole CDH006 from a new step‑out pad at the Cobrasco Project in Chocó, Colombia, intersecting 232 m of 0.68% copper and 75 ppm molybdenum starting at 38 m depth. The hole confirms the northwest continuity of the Cobrasco Central...
Dolphin Drilling Lines up $230m Semisub Contract
Dolphin Drilling, the Oslo‑listed offshore contractor, has signed a letter of intent for a $230 million semi‑submersible contract for its Borgland Dolphin rig. The deal would begin in the second half of 2027, following the rig’s current Repsol assignment, and run...
Kodal Ships Record Lithium From Bougouni in Mali
Kodal Minerals reported record lithium production and shipments from its Bougouni mine in Mali during Q1 2026. The operation produced 26,981 tonnes of spodumene concentrate grading 5.28% Li₂O, with March output topping 10,900 tonnes, a new high. Total exports reached about 49,000 tonnes, generating...
Why Fertilizer Prices Could Remain High Into 2027
Rabobank’s semi‑annual fertilizer outlook warns that phosphate prices will stay above $1,000 per ton through 2027, driven by geopolitical shocks from the U.S.–Iran conflict and potential Strait of Hormuz closures. The 12‑month affordability index for nitrogen, phosphate and potash has...
Japan Finds a Way to Recover 90% of Lithium From Old EV Batteries
Japan’s JX Metals Circular Solutions has demonstrated a new recycling line that pulls roughly 90% of lithium from end‑of‑life electric‑vehicle batteries, about twice the recovery rate of earlier methods. The plant in Tsuruga uses a revised hydrometallurgical treatment that substitutes...
Rise In China Rare Earth Exports
China’s rare‑earth shipments rose to 62.6 thousand metric tons in 2026, up from 55.4 thousand tons in 2024 and well above the pandemic low of 35.4 thousand tons in 2020. The surge includes the highest monthly export volume since 2009, reflecting robust demand...
DNV Paper Finds That Existing LNG Infrastructure Can Ease Transition to Low‑GHG Methane
Demand for low‑GHG methane is rising as the LNG‑fuelled fleet faces tighter emissions rules. With about 800 LNG‑capable vessels already operating and 600 more on order, the sector has a mature technical base and global bunkering network. DNV’s white paper...
Global Oil Flows Plunge as Hormuz Disruption Chokes Tanker Trade
Global seaborne crude oil shipments have plunged 16% since the Iran war, cutting daily volumes by 7.6 million barrels to 38.4 mbpd—about 9.5% of projected world production now stranded. Gulf exports collapsed, with a net loss of 9.0 mbpd after modest gains from...
ISO, GHG Protocol Launch Working Group to Develop Unified Product-Level GHG Accounting Standard
ISO and the Greenhouse Gas Protocol have established a Joint Working Group to create a unified product‑level greenhouse‑gas accounting standard. The effort builds on their strategic partnership launched last year to reduce fragmentation in emissions measurement. The group attracted more...
Namibia’s Central Bank Lowers Economic Growth Forecasts
Namibia’s central bank slashed its GDP growth outlook, now projecting 2.6% for 2024 and 2.9% for 2025, trimming previous estimates by 1.2 and 1.4 percentage points respectively. The downgrade reflects a sharper-than‑expected decline in metal ore output and persistent weakness...
EnviroGold to Develop Processing Hub for Metal Supply Boost
EnviroGold Global is rolling out a centralised processing hub that uses its NVRO Process to treat tailings and complex sulphide ores across the United States, Canada and Australia. The hub model shares infrastructure, allowing licensing and toll‑processing arrangements that cut...
Ucore Upgrades Bokan Mountain Resource
Ucore Rare Metals released an upgraded resource estimate for the Dotson Ridge deposit at its Bokan Mountain project in Southeast Alaska, revealing a measured resource of 801,600 t containing 4.83 million t of total rare‑earth oxides (TREO) at an average 0.6% grade. The...
North America Loses Rigs For 7 Straight Weeks
Baker Hughes reported that North America’s weekly rig count fell by 10 units, bringing the total to 680 rigs – 545 in the United States and 135 in Canada. The U.S. rig mix includes 411 oil rigs, 127 gas rigs...
Turner Mining Group Taps Wingspire Equipment Finance for Fleet Expansion Plans
Turner Mining Group has secured a structured equipment financing facility with Wingspire Equipment Finance worth up to $150 million. An initial $20 million tranche is being used to acquire a mobile mining fleet for the GRP Pan Gold Mine in Nevada, with...
Gold Terra Extends Yellorex at Depth
Gold Terra Resource Corp. announced assay results from five new drill holes at its Yellorex zone, part of the Campbell Shear on the Con Mine Option property in the Northwest Territories. The intercepts confirm high‑grade gold mineralization down to roughly...
FPX Nickel Renews Global Generative Exploration Alliance with JOGMEC
FPX Nickel Corp. has renewed its Global Generative Exploration Alliance with Japan's JOGMEC for a fourth year, committing $1.2 million to the program from April 2026 to March 2027. FPX will fund 60% of the budget, securing a 60% ownership stake...
Transocean Locks in $445m Petrobras Drillship Extension
Transocean secured a 1,156‑day extension from Brazil’s Petrobras for its ultra‑deepwater drillship Deepwater Corcovado, adding roughly $445 million to its backlog and keeping the rig operational through November 2030. The agreement includes a short‑term $20 million backlog reduction between April 2026 and September 2027 as...
IEA Cuts Oil Outlook on ‘Largest Disruption in History’
The International Energy Agency slashed its 2026 oil demand forecast by 730,000 barrels per day, citing the sharpest demand drop since the Covid‑19 pandemic. Conflict after the US and Israel attacked Iran has crippled Middle‑East energy infrastructure and effectively closed...
Canada and Peru Delegations Heading to Perth for GRX26
Perth will host the Global Resources Innovation Expo (GRX26) from May 5‑7, drawing delegations from Canada, Peru, Chile, New Caledonia and the Philippines. Co‑hosted by Austmine and AusIMM, the event will spotlight Australia’s mining equipment, technology and services (METS) capabilities and critical‑minerals...
Petrobras Makes FID for Brazil’s Deepwater Scheme, Picks SBM Offshore for FPSOs
Petrobras has issued a final investment decision for the SEAP I deepwater project in Brazil’s Sergipe‑Alagoas Basin, joining the previously sanctioned SEAP II module. The combined development will cost over $12 billion (about $11.4 billion) and aim to produce more than 1 billion barrels of oil...
China's Gold Market Importance Probably Growing, Says Precious Metals Analyst
Precious‑metals analyst Jeffrey Christian says China’s role in the gold market is expanding, mirroring its broader economic rise. Record gold prices are driven by a surge in investment demand, with investors buying roughly 55 million ounces in 2025, while central banks...
Australia and US Allocate $3.5bn for Critical Minerals Projects
Australia and the United States have pledged more than $3.5 bn to fund critical‑minerals projects in Australia under a bilateral Critical Minerals Framework. The financing, provided by Export Finance Australia and the U.S. Export‑Import Bank, backs a slate of initiatives including...
Why SA Coal Export Prices Haven’t Shot the Lights Out
Thungela Resources’ shares surged 80% in six months after the US‑Israel strike on Iran sparked energy‑security concerns, but export coal prices have risen only modestly. Analysts note that while oil and gas benchmarks jumped 50‑80%, South African coal benchmarks are...
Pirate Gold Drills 65.1 G/T Gold over 3.25 Metres in New Rib Vein Discovery at Moosehead Zone, Treasure Island Project,...
Pirate Gold Corp. announced a new high‑grade Rib Vein discovery in the Moosehead Zone of its Treasure Island Project in Newfoundland. Drilling intersected up to 65.1 g/t gold over 3.25 m, including a spectacular 309.5 g/t over 0.65 m. Sixteen drill holes now outline...
Sandvik Introduces End-to-End Resin Bolting Solutions
Sandvik has unveiled a fully integrated, end‑to‑end resin bolting solution for underground mining, merging its drill rigs, pumpable resin systems, automatic capsule injection, chemical products and bolt portfolio into a single engineered package. The sealed pumpable resin can be mixed,...
Norway Reopens Annual Whale Hunt Despite Pressure to End Commercial Whaling
Norway reopened its annual minke whale hunting season, authorizing a quota of 1,641 whales—235 more than the previous year. Despite the quota, domestic demand remains low, with only about 1% of Norwegians regularly consuming whale meat, and roughly a third...
IEA Cuts Oil Demand, Supply Outlook Amid Iran War
The International Energy Agency (IEA) sharply revised its outlook, now expecting global oil demand to fall by 80,000 barrels per day in 2026, down from a previously projected 640,000‑bpd increase. It also cut the 2026 supply forecast by 1.5 million bpd, reversing...
WATCH: Aker BP Making Inroads at North Sea Oil & Gas Projects
Norwegian oil and gas producer Aker BP is advancing its North Sea portfolio, with the Valhall PWP‑Fenris development entering construction and a $6.6 billion investment slated for first gas in Q3 2027. The 1,000‑tonne MEG module has been completed and the Fenris...
The Spike in Diesel Prices Is Quietly Costing You Billions
Diesel prices have surged 54% since the Iran‑Israel conflict began on Feb. 28, outpacing gasoline’s 38% rise and adding roughly $9.4 billion in extra costs for U.S. households—about half of the $19 billion total fuel burden. The spike stems from the Strait of...
Philippines Seeks US Extension to Buy Russian Oil
The Philippines has asked the United States to extend a waiver that lets Manila purchase Russian oil, a permission that lapsed on April 11. Energy Secretary Sharon Garín said the government remains optimistic about the extension while also scouting alternative supplies...
Tharisa Navigates Tricky Quarter Thanks to Resilient PGMs
Tharisa ended Q2 with $54.7 million in net cash, up from $47 million, thanks to an $800‑per‑ounce lift in average PGM prices. Despite a grade decline and heavy rains that reduced PGM output to 34,300 oz, chrome production rose to 404,000 t and fetched...
Resources Top 5: Blackstone Goes to the Mayor, Wins Copper Exploration Rights
Blackstone Minerals announced that the cease‑and‑desist order from the Mankayan mayor has been lifted, clearing the way for drilling on its 638 Mt copper‑gold project in the Philippines. The company plans ten drill holes, each 800‑1000 m deep, as it moves toward...
Bangladesh in Ship Recycling Pole Position but Supply Remains Weak
Bangladeshi ship‑recycling yards have seized the pricing lead, offering $490‑495 for container vessels as stable exchange rates lift steel‑plate costs. The sector, however, is hampered by a shortage of scrap candidates and lingering OFAC‑sanctioned VLCCs that remain outside port limits....
Pioneer Minerals Notches up Springfield Milestone in US Tungsten, Gallium Race
Pioneer Minerals has submitted a plan of operations to the U.S. Forest Service for a low‑impact reverse‑circulation drilling program at its Springfield tungsten‑gallium prospect in Idaho. The proposal calls for up to 15 deep drill holes and up to 20...
Australia, United States Outline Joint Steps to Secure Critical Minerals Supply Chains
Australia and the United States have formalized a bilateral framework to secure critical‑minerals and rare‑earth supply chains, committing at least $1 billion each in financing within six months. The partnership establishes a Critical Minerals Supply Security Response Group to pinpoint vulnerabilities...