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 79.4‑million‑tonne resource with 1.609 billion pounds of copper and 500,000 ounces of gold. Strong copper and gold prices and upgraded underground infrastructure are cited as key enablers.
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....
Yancoal posted record 2025 coal production, lifting run‑of‑mine output to 67 million tonnes and saleable production to 50.8 Mt, despite a 13% revenue decline driven by lower coal prices. Operating EBITDA reached $1.44 billion, delivering a 24% margin, while cash operating costs fell...

Caterpillar’s Electrification + Energy Solutions Division has created a Product Support Field Engineering team to back its first‑generation battery‑electric mining equipment. The team troubleshoots hardware in real‑world sites, trains dealers on high‑voltage safety, and channels field observations back to engineers....
Compania de Minas Buenaventura reported Q2 2025 EBITDA of $130 million and net income of $91 million, driven by a 28% rise in copper output while silver and gold fell 11% and 17% respectively. The San Gabriel project reached 88% completion with $82 million CapEx...

Turkey’s state‑owned TPAO and Britain’s BP have signed a comprehensive oil and gas cooperation agreement targeting Iraq’s Kirkuk basin. TPAO aims to lift 500,000 barrels per day by 2028, while BP’s initial target is 328,000 barrels per day, with plans...
Royal Gold reported record 2025 results, with annual revenue of $1 billion, a 43% increase, and operating cash flow of $705 million, up 33%. Net income rose 40% to $466 million, while adjusted net income hit $510 million, boosted by strong gold prices and...
The Northern Territory recorded a $1.7 billion gold output in 2024/25, aiming for a $2 billion target. Mining Minister Gerard Maley stressed that the region remains under‑explored and called for intensified prospecting to sustain future projects. The government also seeks to broaden...
Greenland Resources secured an exclusive special exploration licence covering 1,147.76 km² in the Semersooq region, encircling its existing molybdenum‑magnesium exploitation permit. The new area adds a dominant mineral‑licence position on Greenland’s east coast and will be explored with hyperspectral surveys. Molybdenum...
Lundin Gold is investing $100 million in 2026 to deepen exploration at Ecuador’s Fruta del Norte mine, aiming to extend its life amid robust gold prices. The Canadian miner has partnered with Australian firm Fleet Space Technologies, using the ExoSphere platform...
Saskatchewan Premier Scott Moe is leading a week‑long trade mission to India, concentrating on agriculture, potash and uranium. The trip coincides with the Raisina Dialogue and runs alongside Prime Minister Mark Carney’s meetings with Prime Minister Narendra Modi. Moe aims...

Codelco has launched the Kinamics Arkytas MU-2.1 robot at its El Teniente mine to map newly blasted tunnel fronts. The remote‑controlled unit creates 3‑D photogrammetric models from 22 photos, allowing engineers to assess terrain without entering hazardous zones. Beyond imaging,...

The Canadian Space Agency (CSA) has launched the Lunar Surface Exploration Initiative (LSEI) Architecture Studies to shape Canada’s contributions to NASA’s Artemis program. The agency will fund up to two contracts per focus area—mining and in‑situ resource utilization (ISRU) and...
Fastmarkets announced that the contract price for spodumene min 6% Li2O CIF China was published 2 hours 36 minutes later than scheduled. The price is part of Fastmarkets' industrial minerals package and serves as a benchmark for global lithium‑ion supply...

New Gold’s New Afton mine is installing a private LTE/5G network from Ambra Solutions, using an Athonet core and Ericsson radios. The rollout began in March 2024 and follows a three‑phase plan covering remote operations, underground coverage, and surface communications....
Fastmarkets announced a consultation to revise its black‑mass pricing methodology after China lifted its import ban and imposed stricter metal‑content rules. The new specifications require nickel‑cobalt‑manganese (NCM) black mass to contain 20‑25% nickel, 3‑10% cobalt and 3‑4.5% lithium, with total...

The U.S. Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act, potentially unlocking refunds on more than $90 billion of duties and lowering landed costs for importers. Moody’s expects a short‑term surge in cargo volumes at major...
In February 2026 the U.S. Air Force faced F‑35 radar delays because gallium supplies were blocked by China, prompting the launch of Project Vault, a $12 billion strategic critical‑mineral reserve backed by the Export‑Import Bank and private investors. Unlike the historic...

Capital Mining Services announced three major contract wins that reinforce its growth trajectory. An 18‑month waste‑stripping cut‑back contract at AngloGold Ashanti’s Sukari mine will start in Q1 2026, using existing equipment and newly acquired trucks. The company also secured a five‑year...
Metso and Loesche have formed an exclusive partnership to launch Metso Loesche VRM dry grinding technology for minerals processing. The solution merges Metso’s end‑to‑end processing portfolio with Loesche’s vertical roller mill (VRM) design, aiming to replace HPGR, horizontal and stirred mills....

Eidesvik Offshore has secured an additional contract extension from Aker BP for its 2012-built platform supply vessel Viking Prince. The extension adds roughly two months to the vessel’s hire, pushing the end‑date to the end of April 2026. This follows...

Saudi Arabia’s largest oil shipper, Bahri, provisionally chartered five very large crude carriers as daily charter rates neared $200,000, the highest level since 2020. The vessels are slated to move Saudi crude to Asian markets, chiefly China, in the coming...
Surge Battery Metals, together with Evolution Mining, released the final assay results from its 2025 core drilling program at Nevada North Lithium Project. Infill drilling returned a 116‑metre interval averaging 3,752 ppm lithium, including a 32.1‑metre zone grading 4,521 ppm, confirming a...
The U.S. Treasury’s Office of Foreign Assets Control announced sanctions on 12 tankers and their owners that have shipped hundreds of millions of dollars in Iranian petroleum and petrochemical products. The designations also include nine individuals and entities in Iran,...

South Africa’s Minerals Council criticised the 2024 budget for omitting any reduction in electricity tariffs for the ferroalloys sector, despite industrial power costs soaring over 900% since 2008. The omission threatens the ferrochrome industry, which supports more than 20,000 jobs,...
The Arkansas River port, devastated by the 2019 flood, secured an $8.1 million federal grant to modernize its facilities and expand rail capacity. Operator Five Rivers Distribution will construct three 30,000‑square‑foot warehouses to handle freight arriving by rail. The city’s port...
VanadiumCorp Resource Inc. announced it is moving forward with a staged, gated technical program to produce an NI 43‑101 compliant report for its Lac Laura gold‑copper property in Quebec. The company is selecting independent geological and engineering consultants to execute Phase 1...

FLSmidth announced that Toni Laaksonen will assume the role of chief executive officer, while temporarily retaining his duties as president of the service business line. He succeeds Mikko Keto, who has stepped down after a tenure marked by strategic realignment. The appointment...
Crédit Agricole has appointed former French cabinet minister Quentin Guerineau as its Chief Sustainability and Impact Officer, succeeding Eric Campos. Guerineau joins the bank’s Management Committee and will report to Gregory Erphelin, head of the newly formed Transformation, Human Resources...

The Global Tailings Management Institute (GTMI) announced Ed Toms as its new chief executive officer. Toms, a veteran of the mining sector, will steer GTMI’s mission to improve tailings safety and sustainability worldwide. The appointment comes amid heightened scrutiny of...

The U.S. Department of Labor has sworn in Wayne D. Palmer as the 12th assistant secretary for the Mine Safety and Health Administration (MSHA) after his Senate confirmation in October. Palmer previously served as acting and deputy assistant secretary at...
Clinton Smyth has been hired as chief geologist for Eskay Mining Corp., bringing a 25‑year mining pedigree from Anglo American and Minorco. He previously served as vice‑president of exploration, overseeing the discovery of the 2‑million‑ounce Buzwagi gold deposit in Tanzania...

Highland Copper announced that Project Director Dr. Wynand van Dyk is leaving the company to become an associate professor at the University of Stellenbosch. He will stay on a consulting basis to finish the integrated mine plan review. The firm...

Tectonic Metals Inc. announced that co‑founder Eira Thomas has been appointed chair of the board of directors. Thomas brings more than three decades of senior mining and exploration experience, having led Kaminak Gold and co‑founded Stornoway and Lucara Diamond. Allison...

AECI reported a record R3.4 billion EBITDA and an 11% margin despite a 4% drop in revenue to R32.1 billion. The company completed most non‑core asset disposals, generating R2.2 billion and cutting net debt to R465 million from R3.74 billion. Earnings per share turned positive,...
Sixty North Gold Mining Ltd announced the addition of two directors, Daniel Martin and Michelle Legat. Martin contributes 15 years of investment‑banking experience, having advised public and private firms on capital‑markets and strategic deals. Legat, a professional geoscientist, joins from GeologicAI where she...

Collective Mining Ltd. announced the appointment of Carlos Andrés Santos as executive vice president, effective immediately. Santos arrives with more than two decades of senior leadership, most recently as CEO of Americas Business Services at Holcim/Amrize. He also previously served...
Strategic Metals Ltd. has appointed Sam Wallingham as its vice president of energy development. Wallingham brings extensive Yukon experience, having served as a community affairs director, negotiator, and trainer for multiple exploration firms. He previously sat on the Alexco Resource...

Almonty Industries Inc. announced the appointment of Guillaume Wiesenbach de Lamaziere, CFA, as its new chief development officer. The veteran finance professional will oversee the company's growth initiatives across its global tungsten mining portfolio. Wiesenbach de Lamaziere brings over two...
Indonesia, which supplies roughly 65% of global nickel, is set to increase output to 2.9 million tonnes in 2026, an 11.9% rise from 2025. The boost stems from expanded mining permits at Weda Bay and the commissioning of several high‑pressure acid...
The Prospectors & Developers Association of Canada will host its 94th annual convention in Toronto from March 1‑4, 2026, at the Metro Toronto Convention Centre. The event, billed as the world’s premier mineral exploration and mining gathering, will feature more...

The EU’s revised Sustainable Finance Disclosure Regulation (SFDR) now obliges funds to disclose and potentially divest from fossil‑fuel holdings, prompting German NGOs to warn that an extra €9 billion of assets may need to be sold. The European Securities and Markets...

Zambia will establish a “rainy day” stabilisation fund to lock away surplus copper revenues as production hits record levels and prices hover near historic highs. The Treasury plans to finalise the fund’s framework this year before beginning deposits, using the...
Australia’s coal output remained flat in 2025 at roughly 65 mt, buoyed by the Olive Downs Complex and efficiency gains at Hunter Valley and Dawson. A 3.9% rise to 483.2 mt is forecast for 2026, driven by the Maxwell underground ramp‑up, capacity...
Sitka Gold Corp. released an updated mineral resource estimate for its RC Gold project in Yukon, pushing the combined resource base above five million ounces of gold. The new estimate adds a maiden 2.25‑million‑ounce resource at the newly discovered Rhosgobel deposit...

A joint venture led by Technip Energies, together with Consolidated Contractors Company and Gulf Asia Contracting, secured an EPCC contract from QatarEnergy for the onshore LNG facilities of the North Field West project. The award, valued at over €1 billion, includes...

Ontario’s Ministry of Northern Development granted an exploration permit for the Howells Lake project, targeting a combined antimony‑gold deposit in the province’s mineral‑rich north. The permit follows a rigorous environmental review and grants the operator a five‑year window to delineate...
BQE Water has signed a contract with Hudbay Minerals to advance the engineering design of Canada’s first SART (Sodium Arsenite Removal and Treatment) plant, slated for integration into Hudbay’s Snow Lake mill in Manitoba. The agreement moves the project into...

Australia’s Gorgon‑linked LNG exporter sent a cargo aboard the Maran Gas Hector to eastern Canada, covering roughly 16,000 miles – the longest route for Australian LNG to date. The move reflects a sharp slowdown in Asian demand, where shipments to...
Botswana Diamonds announced it will rebrand as Botswana Minerals and adopt the ticker BMIN on Feb 27, reflecting a strategic shift beyond diamonds into copper exploration. The change follows an AI‑driven review of its 95,000 sq km geological database, which uncovered 11 high‑prospectivity...