
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, training and a 12‑month technical support package, with deliveries staged throughout 2026. The new rigs will sit alongside nine existing D25KS and four Pantera DP1500i units, boosting drilling productivity for a new processing plant, smelter upgrades and an open‑pit mine. The D25KX offers diesel power, 127‑203 mm hole diameters and up to 27 m depth, featuring a modern cabin and rugged chassis.
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 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 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’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...

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 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...

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...
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...

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 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...

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...
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%...
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 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, 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’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 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'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’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,...

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...

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...

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%...

China’s lithium carbonate futures surged after Zimbabwe suspended all raw mineral and lithium concentrate exports. The Guangzhou Futures Exchange contract jumped 6.07% to 178,020 yuan, having peaked above 9% earlier in the session. Zimbabwe, the continent’s top lithium producer, shipped...
Fastmarkets released five iron‑ore Value‑In‑Use (VIU) indices on February 26, a day later than scheduled. The indices include 61% Fe and 65% Fe fines, as well as fines measured for silicon, alumina and phosphorus, all quoted cfr Qingdao in dollars per dry...

Ghana announced an artisanal and small‑scale mining (ASM) gold formalisation programme that will channel roughly 127 metric tons of gold per year into official trade. The Ghana Gold Board, via the newly created GoldBod, will purchase a minimum of 2.45 tons weekly,...

Wood Mackenzie warns that the world’s 30 largest oil and gas firms must add roughly 22 million barrels of oil‑equivalent per day by 2040 to preserve their share of global demand. Current output of about 50 mbd is projected to fall nearly...

President Félix Tshisekedi announced a comprehensive reform of the Democratic Republic of the Congo's gold sector, targeting the massive revenue loss from smuggling and informal trade. The plan, presented at a Council of Ministers meeting on 20 February 2026, seeks...

China’s decades‑long dominance of rare‑earth processing is being challenged as the United States and allies pour over $8.5 billion into reshaping the supply chain. REAlloys Inc. has become the only North‑American company that can convert rare‑earth concentrates into metals and alloys,...

WisdomTree’s latest blog argues that uranium’s rally is rooted in solid fundamentals as nuclear power re‑enters the global energy agenda. Thirty‑one countries have pledged to triple nuclear capacity by 2050, while the United States targets a four‑fold increase. Major tech...

Endeavour Mining, under new CEO Ian Cockerill, has emerged from a turbulent 2024 marked by a CEO exit and operational setbacks. The company hit a turning point by pouring first gold at the Lafigué mine in Côte d’Ivoire and completing...

Zambia and France have agreed to deepen cooperation in the mining sector, focusing on sustainable development and transparency. The French delegation, led by Thomas Rossignol, pledged technical support to strengthen Zambia’s Minerals Regulation Commission, including modern monitoring and enforcement technologies. The...

Blackrock Silver has launched a fully funded 17,100‑meter drilling campaign at its Tonopah West project in Nevada, employing a hybrid approach that combines reverse‑circulation pre‑collar drilling with core tail drilling. The effort is split into an Eastern Expansion Programme targeting...
Tudor Gold has commissioned a Preliminary Economic Assessment (PEA) for the Goldstorm Deposit at its Treaty Creek Project in British Columbia’s Golden Triangle. Fuse Advisors will evaluate an underground operation capable of processing up to 10,000 tonnes per day and...

The 2026 Year of the Fire Horse marks the 60th anniversary of the world’s first VLCC, Idemitsu Maru, and has sparked a surge in supertanker charter rates, with spot prices topping $200,000 per day and rumors of a one‑year deal...

Zijin Golden Ridge Limited has taken delivery of five SANY SET150S off‑highway hybrid mining trucks at its Akyem gold mine in Ghana. The diesel‑electric trucks are designed to reduce fuel consumption, lower operating costs, and cut carbon emissions, aligning with...
Fleet Space Technologies supplied a satellite‑based IoT network to Lundin Gold’s Fruta del Norte mine in Ecuador, enabling the company to map previously undetectable, or “blind,” mineral systems. The real‑time data stream allowed more precise drilling, cutting exploration costs by...
The weekly newsletter spotlights a new testing hub at a former quarry in Neerabup, Perth, where Imdex, Jevons Robotics and the National Reconstruction Fund Corporation are trialing METS autonomous mining equipment. The collaboration brings together advanced robotics, mining technology and...

DRDGold has surged from a marginal waste‑dump miner to a R47.6bn market‑cap company, driven by soaring gold prices and a shift to unhedged cash flow. In the six months to December 2025 the firm posted R2.7bn operating profit on R5bn...
Black Cat Syndicate has begun feeding ore from its Fingals open‑pit and Majical underground gold mines into the Lakewood processing plant. The facility is slated for an expansion that will lift throughput to 1.5 million tonnes per annum. This marks the...
Victoria-based gold producer Victory Minerals has been placed on notice again by Resources Victoria after regulators discovered unauthorised works inside an existing pit at its Ballarat mine. The breach follows a previous compliance warning earlier this year for similar activities....

Venture capitalist Lucas Birdsall highlights how surging demand for copper and silver—driven by electric vehicles, renewable energy and electronics—is outpacing production capacity. S&P Global projects copper consumption could rise to 42 million metric tons by 2040, while silver’s photovoltaic share sits...

Belgian shipowner CMB.TECH has secured five five‑year charters for its capesize bulkers, adding $304 million in revenue and lifting its contract backlog to roughly $3.05 billion. The deals, which start in the coming months, include vessels built between 2014 and 2018 and...
Mont Royal Resources has secured a conditional extension of up to C$2.6 million from Natural Resources Canada’s Critical Minerals Infrastructure Fund to fund the planning and pre‑construction of a 300‑km access road linking its Ashram rare‑earth and fluorspar project to Schefferville....
Moonlight Resources (ASX:ML8) has launched Phase 2 reverse‑circulation drilling at its Leo Grande prospect within the 268 km² Clermont project in Queensland. The program will drill approximately 5,000 metres in about 70 holes to extend the shallow gold mineralisation that yielded up to...

The Australian Renewable Energy Agency (ARENA) is providing up to $5 million to Queensland‑based Banks Minerals to develop a pilot plant for its electro‑chemical copper extraction technology. The funding, delivered through the Advancing Renewables Program over three years, aims to de‑risk the...

On Jan. 23 Nepal became the first Asian nation to sign a carbon‑finance agreement with the LEAF Coalition, unlocking up to $55 million for forest‑dependent communities. The deal covers emissions reductions in Gandaki, Bagmati and Lumbini provinces and splits credit sales across...

Geopolitical tensions between the United States and Iran have added a sizable risk premium to oil, pushing Brent into the low‑70s and sparking forecasts of $100 per barrel if conflict escalates. The surge has lifted the STOXX Europe 600 Oil...
Federal Resources Minister Madeleine King announced government backing for the restart of Tasmania's Mount Lyell copper‑gold mine, now in care and maintenance since 2014. Sibanye‑Stillwater has finished a feasibility study and expects a board decision this year. The mine holds a...
29Metals reported a decisive financial turnaround in 2025, swinging back to profitability after a $178 million net loss in 2024. Revenue rose 3% to $567 million while cost of sales fell 14%, lifting EBITDA to $176 million and delivering a $24 million net profit....