Scientists Discovered the Secret Behind Earth’s “Gold Kitchen”
A new study of volcanic island arcs, focusing on glass samples from the Kermadec Island Arc and Havre Trough, reveals why these regions concentrate gold. Researchers found gold levels up to six times higher than those in mid‑ocean ridge basalts, driven by high‑temperature hydrous melting that liberates gold from sulfide minerals. Repeated remelting of a depleted, oxidized mantle further amplifies the enrichment. Although the concentrations are far below economic mining thresholds, the findings illuminate the deep‑Earth processes that funnel gold toward the surface.
Vinyl Institute Reports PVC Recycling Increase in US, Canada
The Vinyl Institute’s 2024 report shows North America recycled more than 1.1 billion pounds of PVC, surpassing 2019 levels by over 45 million pounds. Post‑industrial recycling grew 10% to 1.056 billion pounds, while post‑consumer recovery slipped to 71.3 million pounds, missing its 2020 target...
Chang’e-7’s Water-Ice Hunt Could Redraw the Map of Lunar Resource Politics
China’s Chang’e‑7 mission, slated for a 2026 launch, will deploy a hopping probe equipped with the Lunar Soil Water Molecule Analyzer to drill into permanently shadowed craters near the lunar south pole. A positive detection of usable water‑ice would turn...
Businesses, Industries Urge US Government to Apply Export Controls on Tungsten
A coalition of U.S. manufacturers led by critical‑minerals recycler Amermin sent a March 18 letter to Secretary of Commerce Howard Lutnick urging export controls on tungsten, especially scrap and mill‑ready material. The group warns that China supplies more than 80%...
UAE’s IRH Expands Presence in DRC Copper and Cobalt Sector Amid Strategic Mining Deals
International Resources Holding (IRH), the UAE‑backed mining arm of International Holding Company, is being linked to new copper and cobalt projects in the Democratic Republic of Congo’s Lualaba province. The Kabulungu deposit is now run by a 60‑40 joint venture...
US Considers Extending Russian Oil Waiver as Prices Spike During Iran Conflict
The Trump administration is poised to extend a 30‑day waiver that lets countries purchase sanctioned Russian oil at sea, a measure that currently expires on April 11. The waiver would free roughly 100 million barrels—about one day of global output—as oil prices...
Selkirk Copper Raising $30 Million From Upsized Bought Deal
Selkirk Copper Mines Inc. has upsized its bought‑deal private placement, now targeting just over $30 million CAD (about $22 million USD) to fund the restart and redevelopment of the Minto copper‑gold‑silver mine in Yukon. The offering comprises 4.41 million flow‑through shares at C$1.70...
Chinese PV Industry Brief: Polysilicon Prices Extend Decline
State-owned CECEP issued 29.5 million convertible bonds, raising ¥2.95 bn ($432 million) to fund six photovoltaic plants and storage projects totaling 900 MW. The total project outlay is about ¥4.57 bn ($670 million). Meanwhile, China’s polysilicon market saw its seventh consecutive weekly price drop, with N‑type...
Q-Gold Resources Posts Maiden Preliminary Economic Assessment for Quartz Mountain Gold Project
Q‑Gold Resources released a Preliminary Economic Assessment for its Quartz Mountain gold project in Oregon, showing an after‑tax NPV of $1.71 billion and a 55.2% IRR based on a $3,265/oz gold price. The study projects a 14‑year mine life with average...
Turkey Launches Deep Sea Drilling Mission in Somalia
Turkey’s deep‑sea drilling vessel Cagri Bey arrived off Mogadishu to launch the country’s first overseas deep‑sea oil exploration. The planned well will reach 7,500 metres, placing it among the world’s deepest offshore drills. Energy Minister Alparslan Bayraktar hailed the project...
Neo Performance Begins Producing Heavy Rare Earths at Estonia Plant
Neo Performance Materials announced that its solvent‑extraction line at the Silmet facility in Estonia has begun producing heavy rare earth oxides, specifically terbium and dysprosium, at name‑plate capacity. The new line complements Neo’s 2,000‑tonne‑per‑year sintered‑magnet plant in Narva, creating Europe’s...
Copper Claws Higher to Three-Week Peak as Investors Balance Iran with Chinese Demand
Copper prices on the London Metal Exchange rose to $12,845 a metric ton, the highest level since March 17, as investors weighed stronger demand in China against a fragile cease‑fire in the Iran conflict. The benchmark three‑month contract gained 0.6%...
SA Platinum Exports Surge but Miners Face War Inflation
South Africa’s platinum‑group‑metal (PGM) exports jumped 13% in the first two months of 2026, driven by strong demand in China and Europe, according to UBS. At the same time, the ongoing Middle‑East conflict is raising diesel prices, adding roughly 80...
Vanguard Mining Files Maiden NI 43-101 Technical Report for Brussels Creek Project, British Columbia
Vanguard Mining Corp. has filed its maiden NI 43-101 Technical Report for the 100%-owned Brussels Creek Project in British Columbia, establishing a formal technical foundation for the gold‑copper prospect. The report, prepared by qualified geologist Jeremy Hanson, highlights a porphyry‑epithermal...
Peru Pulls Permit for $1.8B Tia Maria Copper Mine
Peru's Ministry of Energy and Mines has revoked Southern Copper's permit for the $1.8 billion Tía María copper project, citing a lack of legal justification and incomplete technical plans such as waste‑dump design. The decision forces a fresh review of a...
Sky Robots Showcases Integrated Drone Security Model for Mines, Other High-Value Assets
Sky Robots unveiled an integrated drone security platform aimed at mines and other high‑value assets, combining VTOL fixed‑wing aircraft for persistent surveillance with rapid‑response multi‑rotor drones. The solution bundles remote piloting, ROIP communications, AI‑driven flight safety, and a full suite...
Drillship Comes to Africa for Türkiye’s First Deepwater Drilling Foray Abroad
Turkey’s Ministry of Energy confirmed that the seventh‑generation ultra‑deepwater drillship Çağrı Bey has arrived in Somalia to launch the country’s first deep‑sea exploration drilling operation abroad. The vessel will target the CURAD‑1 well, slated to reach a total depth of 7,500 m—potentially...
US Minerals Deal Helps Congo Raise $1.25bn in Maiden Bond
The Democratic Republic of Congo completed its inaugural sovereign Eurobond, raising $1.25 bn. The issue comprised $600 m of 2032 notes at an 8.75% yield and $650 m of 2037 notes at 9.50%, with order books reaching $2 bn and $2.8 bn respectively, allowing tighter...
Saudi Arabia Maintains Oil Exports From Key Red Sea Port for Now
Saudi Arabia’s east‑west pipeline, which feeds Red Sea export terminals, suffered a drone strike that knocked out one pumping station and cut capacity by about 700,000 barrels per day. The reduction won’t affect Yanbu’s shipments immediately because oil already in...
Ventura Offshore’s Sixth-Gen Drillship Picks up 135-Day Extension in Brazil
Ventura Offshore announced a 135‑day extension for its DS Carolina ultra‑deepwater drillship, pushing the contract through September 2026 and adding roughly $29 million to its backlog. The delay shifts the next campaign on the Sepia‑Atapu field to January 2027, but otherwise leaves the terms...
Solid Spikes Lead to Mine Water Treatment Failure
A new review in *Separations* highlights that treating mine water with high suspended solids (HSS) demands system stability more than peak separation efficiency. The authors analyze two decades of research on hydrocyclone‑filtration integration, showing typical cyclone efficiencies of 85‑95% but...
WBullion Gold Concludes Drilling at Quebec’s Langlade Project
Bullion Gold Resources has finished a 1,771‑metre diamond drilling program at its Langlade project in Quebec, completing 11 holes. Core analysis identified chalcopyrite and sphalerite mineralisation, with scapolite alteration suggesting strong hydrothermal activity. The company’s geophysical interpretation points to east‑west...
Goldstorm Raising $4.0 Million for Golden Triangle Exploration
Goldstorm Metals Corp. announced a non‑brokered private placement expected to raise roughly $3.0 million USD (CAD $4 million). The offering comprises HD units at $0.20, flow‑through (FT) units at $0.24, and Charity FT units at $0.31, each bundling a share and half a...
Paladin Targets 2027 Uranium Decision on Patterson Lake South
Paladin Energy said it will decide by the end of 2027 whether to fund the Patterson Lake South (PLS) uranium project in Saskatchewan. The high‑grade Triple R deposit is moving through front‑end engineering, design and permitting after receiving provincial environmental approval....
Argentina Passes Glacier Mining Bill
Argentina's Congress approved an amendment to the 2010 Glacial Law, opening high‑altitude glacial regions to mining. The new bill grants individual provinces the authority to set their own environmental standards for such operations. This shift overturns previous nationwide prohibitions on...
Epiroc Underground Loaders and Haulers Head for Zambia
Mopani Copper Mines in Zambia has placed an order for a new fleet of Epiroc underground equipment, including Minetruck MT42 haulers and Scooptram loaders. The machines will operate at the Nkana and Mufulira copper mines, where they are expected to...
Beauce Gold Fields Drilling Beauce Gold Project, Quebec
Beauce Gold Fields (TSXV: BGF) has started a diamond‑drill campaign in the Grondin zone of its Beauce gold project in Quebec. The first phase consists of five holes totaling about 500 m to test depth extensions and continuity of the Saddle...
Weekly Newsletter 10 April 2026
Gold’s price rally has dominated mining headlines over the past year, prompting heightened exploration and production activity across the sector. Mining Magazine’s weekly newsletter underscores this trend while promoting its suite of premium research, including the 2026 Future Fleets Insights,...
Australia Backs Proposed LNG Terminal to Stave Off Victoria’s Gas Supply Crunch
Viva Energy has obtained federal environmental clearance under the EPBC Act for a new liquefied natural gas (LNG) terminal at Geelong Refinery Pier. The approval follows a positive state assessment and allows the project to proceed subject to conditions. Viva...
EU, US Near Critical Minerals Pact to Counter China’s Grip
The European Union and the United States are close to finalising a critical‑minerals pact that would coordinate production, pricing and supply‑chain resilience to curb reliance on China. The draft action plan proposes minimum‑price mechanisms, joint standards, and investment projects, while...
Case Study: Underground Digitalisation at Rampura Agucha
Hindustan Zinc is digitising its flagship Rampura Agucha underground mine in Rajasthan, deploying automated haul trucks, remote‑monitoring sensors, and low‑emission power systems. The initiative links equipment to a central control platform, enabling real‑time performance analytics and predictive maintenance. Early results...
Coal India Absorbs Price Shock Despite Sharp Rise in Operational Costs
Coal India said it will absorb a sharp rise in input costs, including a 44% jump in ammonium nitrate to ₹72,750 per ton (≈$877) and a 54% surge in industrial diesel to ₹142 per litre (≈$1.71). Explosives costs rose 26%...
Strait of Hormuz Control Key to Iran’s Deterrence Strategy
Iran’s Islamic Revolutionary Guard Corps has formalized control over the Strait of Hormuz, requiring vessel‑by‑vessel clearance and tolls paid in Chinese yuan or cryptocurrency. The move leaves roughly 175 fully‑laden tankers—about 150 million barrels of crude and products—stranded in the Arabian...
Gulf of Suez Oil Output on the Rise as New Well Joins in on the Action
GUPCO has brought the South Wasl BB exploration well online in Egypt’s Gulf of Suez, adding roughly 2,500 barrels of oil and 3 million scfd of gas per day. The new well is tied directly into existing facilities, pushing GUPCO’s total output...
Diana Mendez: Women Can Make a Difference
Diana Mendez, executive director of Insuco LatAm, highlighted how women can drive transformative change in the mining sector. Drawing on her experience in Peru, Canada and Mexico, she emphasized gender‑inclusive strategies that improve community relations and operational resilience. Insuco, a...
Nigeria: When There Is No Playbook - Building Community Relations in Nigeria's First Legal Large-Scale Gold Mine
Segilola Resources Operating Limited launched Nigeria’s first legally recognised large‑scale gold mine in Osun State and had to invent a community‑relations framework from scratch. The company openly acknowledged the oil‑and‑gas legacy of mistrust, integrated traditional Yoruba rulers into operational decisions,...
Barry FitzGerald: Gold Streaming Giant Wheaton Confirms True Value in Garimpeiro Copper Pick KGL
Australian junior miner KGL Resources secured a $300 million streaming agreement with Canada’s Wheaton, the world’s largest precious‑metals streaming firm, to monetize future gold and silver from its undeveloped Jervois copper‑silver‑gold project. The deal effectively values KGL at about $204 million, a...
Shell Targets 2027 Gas Start-Up at Loran-Manatee Field
Shell announced that it will start natural gas production from the offshore Loran‑Manatee field in 2027, a joint development straddling Venezuela and Trinidad and Tobago. The company has boosted the pipeline capacity to transport the gas to Trinidad to 1 billion...
ConocoPhillips Assessing Oil Opportunities in Venezuela
ConocoPhillips is sending a small evaluation team to Venezuela this week to assess oil and gas prospects. The U.S. producer, which left the country in 2007 after nationalization, is still owed roughly $12 billion plus interest from arbitration awards. The move...
Hecla Mining: Undersupplied Silver Market To Drive Growth
Hecla Mining Company (HL) received a Buy rating as analysts anticipate a sustained silver deficit through 2026, which should lift prices. The firm projects 15.1‑16.5 million ounces of silver output next year, driven by low‑cost North American mines that generate strong...
Resources Top 5: Fresh News Keeps These Small-Cap Ressies Growing
The latest Resources Top 5 roundup spotlights five Australian‑listed junior miners that have each delivered a concrete development catalyst. Arika Resources is scaling its 2026 drill program with assays pending from Yundamindra and Kookynie. Latitude 66 secured tenure and permits for its...
Commodities: Oil Supported By Ongoing Supply Risks
Oil prices rose for a second consecutive session as fresh supply‑risk concerns in the Middle East kept Brent near $96 per barrel. Attacks on Saudi and Kuwaiti infrastructure have tightened the market, preserving a geopolitical risk premium despite cease‑fire talks....
Petronas Tasks Petra Energy with Work on Malaysian Gas Project
Petronas Carigali has awarded Petra Resources Sdn. Bhd., a subsidiary of Petra Energy, four work orders for hook‑up and commissioning (HUC) services on the Bintulu Integrated Facilities (BIF) rejuvenation Phase 2. The orders, dated Dec 1 2025 and Jan 2026, total RM 298 million (about $75 million)....
Splash Wrap: Fragile Hormuz Ceasefire Fails to Lift Traffic
A tentative U.S.-Iran cease‑fire has not restored traffic through the Strait of Hormuz, leaving vessel movements at a near‑standstill. Meanwhile, Exmar is set to receive the world’s first ammonia‑powered gas carriers, a 46,000 cu m pair built by Hyundai Heavy Industries. Panama...
Aurum Clears 4M Ounces After West African Gold Resource Surge
Aurum Resources announced a 34% increase in its Napié gold resource, adding a first indicated resource of 0.35 million ounces and bringing the Napié total to 1.16 million ounces. Combined with the 3.03 million ounces at the flagship Boundiali project, Aurum’s group resource...
Epiroc Wins Large Order From Mopani Copper Mines in Zambia
Swedish equipment maker Epiroc AB landed a roughly $20 million contract with Zambia’s Mopani Copper Mines to supply a fleet of Minetruck haulers and Scooptram loaders for its Nkana and Mufulira underground operations. The order, booked in Q1 2026, includes MT436 and...
Middle East Producers Gear Up for Hormuz Export Restart
Middle East oil producers are urging Asian refiners to submit loading programmes for April and May as they prepare for a possible reopening of the Strait of Hormuz following a U.S.-Iran cease‑fire. Saudi Aramco has asked customers to nominate cargoes...
Middle East Producers Gear Up for Hormuz Export Restart
Middle Eastern producers are urging Asian refiners to submit crude loading programmes for April and May as they prepare for a potential reopening of the Strait of Hormuz. A two‑week U.S.-Iran ceasefire raised hopes of resuming shipments, but Tehran has...
Alligator Poised for Success at Samphire with Plus-55pc Uranium Recovery
Alligator Energy’s Samphire in‑situ recovery (ISR) trial in South Australia has achieved uranium recoveries above 55% after processing 39 of the planned 60 pore volumes. The returned solution consistently exceeds 200 mg/L U3O8 early on and stays above 100 mg/L, indicating ongoing...
Thenamaris Moves Into Ammonia Shipping Segment
Greek shipowner Thenamaris has placed an order for two 90,000 cu m very large ammonia carriers (VLACs) with China’s Jiangnan Shipyard, with deliveries expected in 2029. The vessels will use low‑resistance hulls optimized for old Panamax dimensions and LPG dual‑fuel engines, targeting...