Gold Digger: Are Hedges Bad? It’s Not that Simple, Stupid
Gold’s surge to record highs has exposed Australian miners to massive opportunity costs, with hedging contracts costing the sector over A$1 billion per quarter. Euroz Hartleys reports a $670 million loss in September and $1.08 billion by year‑end as forward contracts were unwound, driving the global hedge book down to a 11‑year low of 142 t. In response, producers are shifting from forwards to put options to retain upside while limiting downside. The trend is reshaping financing for juniors and prompting a rise in streaming deals as alternative risk‑management tools.
Mastermyne Bounces Back
Mastermyne reported a strong first‑half recovery after losing contracts at the Grosvenor and Moranbah North coal mines due to ignition‑related shutdowns. The company attributed the earlier downturn to external factors and highlighted safety upgrades that enabled the resumption of operations....
New Chinese Entrant Into the Cape Sector
National Fortune Shipping Group, a Chinese firm incorporated in April 2025, announced the acquisition of two second‑hand capesize bulk carriers—NF Fortune and NF Future—at $18.5 million each. The vessels, the 177,200‑dwt Mikata and the 185,900‑dwt Ally, were built in 2005 and...
Latrobe Magnesium Hits De-Risking Milestone in Critical Mineral Production Process
Latrobe Magnesium’s demonstration plant in Victoria produced roughly 20 tonnes of magnesium oxide (MgO) over a continuous two‑week run, confirming the viability of its patented low‑carbon extraction process. The achievement de‑risks the company’s transition to full‑scale magnesium metal production, slated for...
NITI Aayog Panel Calls for Public-Private Push to Boost India's Critical Minerals Self-Reliance
The NITI Aayog‑led National Critical and Strategic Minerals Committee called for a joint public‑private drive to accelerate exploration, research and partnerships for India’s critical minerals. Despite sizable reserves, limited exploration has left the country heavily import‑dependent on lithium, rare‑earth elements,...
WA Takes Its Critical Minerals Roadshow to North America
Western Australia’s Mines and Petroleum Minister David Michael is leading a delegation of critical‑minerals firms on a trade mission to Canada and the United States. The team will hold meetings in Toronto, New York and Washington DC to promote Australian lithium, rare‑earth...
Routing Software Wins LNG Carriers on Crew-First Approach
Knutsen LNG France has selected Syroco Live, an AI‑driven routing platform, for fleet‑wide deployment after a successful 2024 trial on four vessels. The system promises to boost navigation safety, cut fuel consumption by roughly 10% and lower greenhouse‑gas emissions while...
Petronas Carigali Taps Singapore Firm for Newbuild FPSO
Petronas Carigali awarded a 15‑year firm charter to Singapore‑based OceanSTAR Elite for a new‑build FPSO supporting the Sepat Integrated Redevelopment Project offshore Peninsular Malaysia. OceanSTAR will design, construct, install, operate and maintain the vessel, the third unit using its standardized...
Artemis Cracks Open Titan East Gold Zone with Deeper Drilling Results
Artemis Resources announced that diamond drilling at its Titan East shear zone in the Karratha gold project has confirmed downdip continuity of gold mineralisation. The best intercept was 4.7 metres grading 2.3 g/t gold, including a 1.3‑metre sub‑interval at 6.38 g/t, from...
Terra Powers up Southwest PGM Sulphide Hunt with $85m War Chest
Terra Metals secured an $85 million institutional placement at A$0.37 per share, with Washington H. Soul Pattinson acting as cornerstone investor. The capital boost targets the Southwest prospect, where recent drilling revealed a world‑class platinum‑group‑metal sulphide system within the broader Dante project. Assays...
Natural Resource Partners LP (NRP) Q4 2025 Earnings Call Transcript
Natural Resource Partners L.P. reported $42 million of free cash flow in 2025 and $190 million over the trailing twelve months, while net income reached $31 million. The partnership retired nearly $130 million of debt, leaving $70 million outstanding, and maintained a 75‑cent per unit...
Alpha Metallurgical Resources Inc (AMR) Q4 2025 Earnings Call Transcript
Alpha Metallurgical Resources reported Q4 2025 adjusted EBITDA of $28.5 million, a 32% decline from the prior quarter, driven by lower tonnage and reduced coal inventory values. Total shipments fell to 3.8 million tons, while metallurgical coal realizations modestly improved to a...
Exploration Round-Up: True North Secures Legacy Mine Funding
True North Copper secured a $400,000 Queensland Government grant to assess legacy waste at its Mt Oxide project, aiming to determine reprocessing potential. The non‑dilutive funding supports drilling, laboratory assays, and metallurgical testing, with a partnership with Regeneration Enterprises for...
JV Video: Arbitration Finance Moves Into the Mainstream, Says Burford Capital
Arbitration finance has shifted from a niche service to a mainstream strategic tool for mining companies facing investor‑state and commercial disputes. Multi‑million‑dollar claims and lengthy litigation have driven firms to seek third‑party funding to cover legal costs and manage balance‑sheet...
New Found Gold’s Hammerdown Project Shows $199M NPV in Positive Study
New Found Gold released a positive preliminary economic assessment for its Hammerdown gold project, reporting an after‑tax net present value of $199.2 million at a $3,475/oz gold price. The open‑pit mine is slated to reach commercial production in the second half...
Ballard Mining Hits Million-Ounce Gold Resource
Ballard Mining announced that its Baldock deposit within the Mt Ida project has reached a one‑million‑ounce indicated and inferred gold resource. The infill drilling program added 76,000 ounces, raising the deposit to nine million tonnes at 3.5 g/t, while the broader Mt...
SME Hosts Successful MINEXCHANGE Event in Salt Lake City
More than 7,400 mining professionals gathered at the Salt Palace Convention Center for SME’s MINEXCHANGE conference in Salt Lake City. The opening keynote, "Regaining America’s Mineral Dominance," featured Utah Governor Spencer J. Cox, USGS Director Dr. Ned Mamula, and Resolution...
Due Diligence Required as More Biofuel Feedstocks Used
NorthStandard released a white paper outlining the rapid uptake of biofuels in commercial shipping, noting a twelve‑fold increase in testing volumes to over 1 million MT between 2021 and 2025. Current 5‑10% bio‑blend usage satisfies the 2022 FuelEU Maritime requirement, but upcoming...
These ASX Resources Stocks Are Aiming to Hit FID in 2026
Australian junior miners on the ASX are converging on final investment decisions (FID) for projects slated for 2026. Aura Energy aims to secure a Q3 2026 FID for its Tiris uranium project in Mauritania, backed by a $20 million placement and...
NMG Acquires Brownfield Site in Bécancour
Nouveau Monde Graphite Inc. (NMG) has acquired a 143,000‑square‑metre brownfield site adjacent to its existing 200,000‑square‑metre greenfield property in Bécancour, Québec. The purchase equips NMG to launch the first stage of its Phase‑2 battery material plant, delivering concentrated graphite for...
QIMC Identifies Second Hydrogen-Associated Structural Zone at 313m, Supporting Multi-Zone H2 System at West Advocate in Nova Scotia
Québec Innovative Materials Corp. announced that drill hole DDH-26-01 intersected a second hydrogen‑associated structural zone between 313 and 330 metres depth at its West Advocate project in Nova Scotia. This finding complements the earlier 142‑191 m fault corridor, confirming a vertically...
Shell Troubleshoots Subsea Equipment at Ormen Lange Oil Field
Shell is troubleshooting subsea equipment at its Ormen Lange offshore gas field in the Norwegian Sea after a compressor failure forced production cuts on February 16. Output has been reduced by roughly 11.9 million cubic metres per day, about 46% of the...
RANKED: Top 10 Gold Mining Companies of 2025
Gold’s 2025 rally pushed bullion over 40% higher, its strongest annual gain since 1979, and sent the VanEck Gold Miners ETF soaring 155%. The surge propelled the world’s largest gold miners into record valuations, with Newmont and Agnico Eagle topping...
Reach Subsea Lands Equinor Pipeline Survey Deal
Norwegian offshore services firm Reach Subsea has been awarded a contract by Equinor, on behalf of Gassco, to conduct external inspections of roughly 3,500 km of subsea pipelines. The inspections will span Gassco’s network in Norwegian waters and export routes to...
MP Materials to Build New $1.25B Magnet Plant in Texas
MP Materials announced a $1.25 billion investment to build a 120‑acre rare‑earth magnet campus in Northlake, Texas, under its “10X” program and a public‑private partnership with the U.S. Department of War. The facility will add roughly 10,000 metric tons of NdFeB magnet...
Biden’s Green New Deal Supercharged Manufacturing Construction in USA, Trump Killing It
The Inflation Reduction Act and accompanying Bipartisan Infrastructure Law sparked a massive reshoring wave, tripling U.S. manufacturing construction spending between 2021 and 2024. The legislation attracted EV battery, solar, and other cleantech projects, creating a surge in blue‑collar jobs. Following...
Cass, Caspian Partner to Tackle Tariff Costs
Cass Information Systems announced a partnership with AI‑enabled tariff specialist Caspian to embed advanced customs audit and refund capabilities into its freight‑payment platform. The integration adds AI‑driven HTS modeling, detailed audit functions, and support for post‑summary corrections, protests, and duty‑drawback...
Zambian Copper Producer Selects Sandvik for Surface Fleet Replacement
One of the world’s largest copper producers in Zambia has ordered 16 Sandvik D25KX down‑the‑hole rotary drill rigs to replace its aging surface fleet and support a newly commissioned expansion. The order, booked for 2025, includes Sandvik’s Remote Monitoring Service,...
Core Lithium to Sell Finniss Stockpile to Glencore International
Core Lithium has entered a binding agreement to sell its remaining 5,100 dry metric tonnes of spodumene concentrate from the Finniss Lithium Project to Glencore International. The price is fixed to the Fastmarkets SC6 CIF China rate of $2,023 per...
Midas Minerals Discovers Copper-Silver Deposits in Namibia
Midas Minerals announced high‑grade copper‑silver intercepts at the Spaatzu Prospect, part of its Otavi Copper Project in Namibia. Drill‑hole MORC010 returned 26 m at 1.37% copper and 31.1 g/t silver, with additional zones exceeding 2% copper. To date the company has completed...
Questcorp Mining Conducting IP Survey at North Island Copper Project, British Columbia
Questcorp Mining has launched a 2026 induced polarization (IP) survey across its 1,168‑hectare North Island Copper Project on Vancouver Island. The 10‑15 km program, run by Peter E. Walcott & Associates, will refine the historic Marisa Zone porphyry copper targets and feed a...
Panama Growth Hinges on Cobre Panama Restart: Report
Panama’s economy expanded 4% in 2025, driven mainly by services, while manufacturing lagged at 0.46%. Business group SIP says reopening First Quantum’s Cobre Panama copper mine could lift GDP growth to 6% by 2027, versus a 3.7% slowdown if the mine...
How Mining-Induced Stress Redistribution Activates Geological Faults
A recent Scientific Reports study examined how mining‑induced stress redistribution activates a 70° normal fault in China’s Ordos Basin during thick coal seam extraction. Field data and similar‑material simulations showed peak floor stress rising to 19.95 MPa and roof stresses increasing...
Xali Gold Receives Green Light From Community, Pico Machay Gold Project in Peru
Xali Gold announced that the Santa Ana community approved its continued exploration at the Pico Machay Gold Project in Peru on February 22, 2026. The company will immediately launch a Phase I field program to update historic geological, engineering and economic...
Samsara Releases Latest-Generation Asset Tag and New Asset Tag XS
Samsara unveiled a next‑generation Bluetooth asset tag and a smaller Asset Tag XS, expanding its IoT tracking portfolio for fleet equipment managers. The tags run on an enhanced Samsara Network that now incorporates Hubble’s 90 million‑device consumer smartphone mesh, boosting indoor...
Momentum Midstream Explores Sale That Could Fetch $5B
EnCap Flatrock Midstream is exploring a sale of its gas‑pipeline subsidiary Momentum Midstream for a price exceeding $5 billion. The private‑equity firm has engaged advisers and is gauging interest from rivals and other buy‑out funds. Momentum operates roughly 4,000 miles of...
Eni Approves Project to Enable Biofuel Production at Pavia Refinery
Eni SpA has approved a final investment decision to convert units at its Pavia refinery into a biorefinery capable of processing up to 550,000 metric tons of waste‑derived feedstock per year. The project, which repurposes the Hydrocracker (HDC2) with Ecofining™...
White Gold Widens Saddle High-Grade Zone
White Gold Corp. announced new assay results from its 2025 diamond drill program at the Golden Saddle and Arc deposits in Yukon. The drilling pushed the high‑grade core at Golden Saddle 50 m westward at a depth of 350 m and intersected...
First Offshore Vessel to Operate on Ammonia Coming This Autumn
Norwegian offshore vessel owner Eidesvik Offshore has commissioned the conversion of the 95‑metre platform supply vessel Viking Energy to run on ammonia, with work slated for completion in autumn 2026. Wärtsilä will provide a 25 MW dual‑fuel engine capable of burning...
Larger Nechalacho REE System Identified
Vital Metals announced ultra‑high‑grade rare‑earth and niobium grab samples from six prospecting zones at its Nechalacho project, suggesting a mineralized system far larger than the current Tardiff deposit. The updated resource now totals 48.6 Mt measured‑indicated with 1.32% TREO and 0.25%...
Enabling the 5th Explorer Concept in the US
The U.S. has expanded its critical‑minerals list to 60, adding ten new elements in 2025, underscoring a widening supply gap. Because new mines take 10‑30 years to develop, the government is urging a systematic exploration strategy on mine‑enabling public lands....
Cambria Launches Premier Gold Mine Drilling
Cambria Gold Mines (formerly Ascot Resources) has launched a 27,000‑meter resource‑upgrade drill program at its Premier gold‑mine complex in British Columbia’s Golden Triangle. The initiative, funded by a C$175 million financing package, focuses on close‑spaced drilling of the Premier‑Northern Lights and...
Everllence’s Electrically Driven Compressor Trains Ordered for Guyana-Bound FPSO
Everllence, formerly MAN Energy Solutions, will supply four electrically driven compressor trains to MODEC for an FPSO serving ExxonMobil’s Hammerhead field offshore Guyana. The order includes two low‑pressure gas compressors with variable‑frequency drives and two export‑gas compressors with fixed‑speed drives....
Fraunhofer Reveals Collaborative Project ‘ProBatman’ on Direct Battery Recycling
Fraunhofer’s FZEB has launched the ProBatman project to develop direct recycling of lithium‑ion battery cathodes, aiming to recover high‑purity materials while minimizing waste. Coordinated by Netzsch‑Gerätebau, the consortium includes BMW, EurA AG, the University of Würzburg and several technology firms,...
Bridgestone to Launch Three New Mining & Quarrying Tyres at CONEXPO
Bridgestone Americas unveiled three new off‑the‑road tyres at CONEXPO‑CONAGG, targeting haul trucks, dump trucks and loaders. The MasterCore VMTD 27.00R49 offers a 14 % deeper tread, 10 % longer life and a 10 % load‑capacity boost for 100‑ton trucks. The V‑Steel Rock Deep...
Namibia: Decision On Omaheke Uranium Mining Will Be Based On Science - Government
Namibia's Ministry of Environment announced that the decision on the proposed uranium mining project in Omaheke will be guided by scientific evidence rather than political pressure. Russian‑linked Headsprings Investments, a Rosatom subsidiary, has applied for an exclusive prospecting licence to...
Chile Moves to Fast-Track New Lithium Deals
Chile’s mining ministry is set to file five new lithium contracts in March, just days before President Gabriel Boric departs office, as part of a push to accelerate the 2023 national lithium strategy. The contracts target the Salar de Ascotán,...
Brazilian Chromite Miner FERBASA Gets Country’s First Cat R2900XE
Caterpillar’s diesel‑electric LHD, the R2900XE, has been delivered to Brazil’s FERBASA, marking the country’s first unit and the first equipped with a Tier 3 engine. The machine offers an 18.5‑ton payload and claims a 20 % productivity boost over the R2900G, with...
Hull of New Dutch Multifunctional Workboat Soon to Be Launched
Dutch shipbuilder Neptune Marine is preparing to launch the hull of the EuroCarrier 2712‑DP1‑TIER III workboat, named Maasstroom, for Van Wijngaarden Marine Services. The vessel will handle single and double towing, anchor handling, crane operations, survey, geotechnical and dredging support. The hull launch...
Ukrainian Steel, Agricultural Sectors in the Fight for Market Share Despite Non-Stop War
Ukraine’s agriculture and steel sectors remain economic pillars despite war‑driven disruptions, contributing roughly 7‑8% and 5.7‑7.2% of GDP respectively. Grain exports have fallen to their lowest level since the invasion, while sunflower crushing is 9% below last year and 26%...
