Company that Wants to Mine Ocean Floor Says It May Have 'Overstated' Its Growth Potential
Deep Sea Minerals Corp., a Vancouver‑based firm aiming to mine the ocean floor, admitted its investor materials may have overstated growth potential and launched a review after the British Columbia Securities Commission raised concerns. The company clarified it holds no seabed concessions or subsea‑mining patents it previously implied, and it is removing promotional posts created under a $400,000 marketing contract. Shares fell roughly 23% to C$0.91 on the Canadian Securities Exchange. The firm continues early‑stage talks with Pacific governments while acknowledging significant capital and time requirements for commercial operations.
DRC Moves to Approve Chemaf Sale to US Firm Virtus Minerals
The Democratic Republic of the Congo is poised to approve the sale of mining firm Chemaf to U.S.-based Virtus Minerals. Under the deal, Virtus will pay $30 million for equity and commit roughly $750 million to revive the stalled Mutoshi copper‑cobalt project,...
Gravel Mining Alters Natural Physical Structure of Rivers
A new study in Cell Reports Sustainability examines gravel mining in Bangladesh’s Lubha River, revealing extensive geomorphological alteration and socio‑economic disruption. Between 2012 and 2021, 4.94 million tonnes of gravel were extracted, with active‑channel mining accounting for 82% of the total....
More Gold Mining Approvals Have Been Secured by West Wits
West Wits Mining announced that additional gold‑mining permits have been granted for its Qala Shallows project near Johannesburg, reinforcing a 17‑year, $1.15 billion contribution to South Africa’s economy. The company highlighted a clear growth plan, targeting 70,000 ounces of gold per...
Royal Road Eyes Underground Mine as Colombia Drilling Resumes
Royal Road Minerals reported that drilling at its Guintar‑Aleman‑Margaritas project in Colombia intersected significant gold‑silver‑copper mineralization, suggesting the deposit could support a bulk‑tonnage underground mine. Hole GUI‑DD‑028 returned 76 metres grading 2.1 g/t gold, 0.4% copper and 7.9 g/t silver, while other...
Mariana Says Copper One Set to Be World Pioneer Autonomy-First Mine and Refinery
Mariana Minerals announced that its Copper One site in Utah will become the world’s first autonomy‑first copper mine and refinery. The company will roll out its MarianaOS platform—combining MineOS, PlantOS and CapitalProjectOS—to automate mining, processing and capital project execution, targeting...
Congo Export Curbs to Keep Cobalt Scarce Till 2030
The Democratic Republic of Congo, responsible for over 70% of global cobalt, imposed an export ban in February 2025 and later introduced strict quotas, slashing refined output by roughly 20%. The curbs created an 82,000‑ton deficit in 2025 and drove...
Indonesia Awards Nine Oil, Gas Blocks
Indonesia’s Energy Ministry announced the award of nine oil and gas blocks, committing roughly $85 million in investment. The blocks, located in West Papua, Aceh, East Java and South Sulawesi, include the Bintuni and Drawa fields with combined gas resources exceeding...
Op-Ed: Copper Rally Masks Smelting Power Shift
Copper prices are hovering near historic highs, driven by electrification, AI‑related demand and limited new mine supply. However, treatment and refining charges for smelters have collapsed from about $80 per tonne in 2024 to near‑zero levels, with spot terms expected...
Titan Minerals Grows Dynasty Gold Project Resource to 3.9 Moz Gold and 26.1 Moz Silver
Titan Minerals announced a 25% increase in gold and 19% increase in silver resources at its 100%-owned Dynasty Gold Project in southern Ecuador. The updated Mineral Resource Estimate now totals 3.9 million ounces of gold and 26.1 million ounces of...
High-Priority Drill Targets Identified at Star Range Silver-Antimony Project in Utah
Diablo Resources has identified high‑priority drill targets at its 100 % owned Star Range Silver‑Antimony Project in Utah after completing a 9‑km induced‑polarisation (IP) survey at the North Star prospect. The survey revealed chargeability and conductivity anomalies that line up with...
Northern Cape Sun Providing 240 MW of Power to Platinum, Diamond, Iron-Ore Mines
South Africa’s Mooi Plaats solar photovoltaic project has entered commercial operation, delivering 240 MW of renewable electricity to Anglo‑American‑owned platinum, diamond and iron‑ore mines. The venture is part of Envusa Energy, a joint Anglo American‑EDF partnership, and marks the first of...
Troilus, Boliden Sign MoU for Copper-Gold Concentrate Supply
Troilus Mining has signed a long‑term memorandum of understanding with Boliden Commercial to purchase copper‑gold concentrate from its north‑central Québec project. The feasibility study released in May 2024 projects the mine will generate roughly 135.4 million pounds of copper equivalent each...
Boliden Begins Inspections at Garpenberg
Swedish miner Boliden has begun initial inspections at its Garpenberg underground mine after a deep‑rock fall caused increased seismic activity. The company said production will resume gradually, but the exact timing of a full ramp‑up remains uncertain. Inspections focus on...
Offshore Vietnam: Energy Imports Rise as Domestic Production Falls
Vietnam’s government forecast shows domestic crude production falling to 5.8‑8.0 million metric tons annually between 2026 and 2030, down from an eight‑year average of 8.6 Mt. Imports already rose 5.3% last year to 14.2 Mt, with roughly 80% sourced from Kuwait, now constrained...
New Almalyk Mining Copper Plant Begins Work with 60 Million Tonne Capacity
Uzbekistan has launched a new copper processing plant at the Almalyk Mining and Metallurgical Complex, adding 60 million tonnes of annual ore‑processing capacity. The facility is slated to produce up to 900,000 tonnes of copper concentrate, potentially moving Almalyk into the global...
Southern Africa: SADC and Unodc Convene Regional Workshop to Tackle Mineral Crimes
The Southern African Development Community (SADC) and the United Nations Office on Drugs and Crime (UNODC) convened a regional workshop in Gaborone to address rising mineral crimes targeting the bloc's critical mineral deposits. Law‑enforcement, regulatory agencies, and international partners, including...
Sibanye-Stillwater Welcomes New US Tariff on Russian Palladium
Sibanye-Stillwater welcomed the U.S. Department of Commerce's proposal for a 109.10% countervailing duty on Russian unwrought palladium, adding to an earlier anti‑dumping duty of up to 132.83%. Together the measures impose roughly a 242% tariff on Russian palladium imports. The...
Ghana Studies Bids to Revive Seized Damang Mine
Ghana is evaluating three local bids to acquire the seized Damang gold mine as the current lease with South African miner Gold Fields expires on 18 April. The government rejected Gold Fields' renewal request, citing insufficient reserve data, and will not...
China’s Multibillion-Dollar Minerals Investment Lifts Foreign Economies: Report
Since 2023, China has poured more than $120 billion into overseas mining and mineral‑processing projects, covering lithium, rare‑earth metals and battery components. The Australian think‑tank Climate Energy Finance says the outflow fuels clean‑energy deployment in developing economies, supplying inputs for solar,...
Equinor Makes New Oil Discovery at Johan Castberg
Equinor announced a new oil discovery in the Polynya Tubåen prospect, estimating 14‑24 million barrels of recoverable oil equivalents. The find will be tied into the Johan Castberg field, which already holds 500‑700 million barrels and aims to add another 200‑500 million barrels. Production at...
Glencore-Owned Raglan Achieves Autonomous Haulage Milestone at Anuri
Raglan Mine, owned by Glencore, marked a milestone when its first autonomous haul truck successfully discharged ore at the Anuri underground operation in Quebec. The unload was executed from a remote control centre 14 km away using Sandvik’s AutoMine® platform, which...
CMRA Selects Vietnam for 2026 Event
The China Nonferrous Metals Industry Association’s Recycling Metals Branch (CMRA) will host its third Recycling Metals Spring Convention in Hanoi, Vietnam, from May 9‑12, 2026. The event, rebranded from the ASEAN Recycling Metals International Conference, adopts the theme “Industrial Symbiosis,...
Terra Metals Launches Five-Rig Drill Blitz at Southwest PGM-Copper-Nickel Discovery
Terra Metals has launched its largest exploration effort at the Southwest high‑grade PGM‑copper‑nickel discovery on the Dante project in Western Australia, deploying up to five drilling rigs. The first diamond hole revealed semi‑massive sulphide mineralisation, supporting the magmatic sulphide model...
Shining Brighter: Godolphin Lifts Gold Recovery at Lewis Ponds
Godolphin Resources reported a 21% increase in gold recovery at its Lewis Ponds project after adding a gravity circuit, raising total recovery to roughly 83% in the primary ore zone. Knelson testing produced a high‑grade gravity concentrate up to 51.3 g/t...
Lodestar Picks up High-Value Heavy Rare Earths Mineral Xenotime at Virgin Mountain
Lodestar Minerals’ shares surged 30% after confirming xenotime as the dominant rare‑earth mineral at its Virgin Mountain project in Arizona. The mineral hosts heavy rare earths—dysprosium, terbium and lutetium—critical for defense, electric‑vehicle motors and wind turbines. Assay results from reconnaissance...
Resolution’s Upcoming Diamond Drill Program to Test Scale of Golden Gate System
Resolution Minerals will launch a 45‑hole, 13,700‑metre Phase 2 diamond drill program at its Horse Heaven project in Idaho, targeting the Golden Gate gold‑antimony‑tungsten‑silver system. The campaign, slated for May‑August 2026, will allocate 60% of holes to the southern target and...
Quantum Battery Breakthrough Signals Future Critical Minerals Demand
Australian researchers led by CSIRO have demonstrated the world’s first proof‑of‑concept quantum battery, proving that a quantum system can charge, store and release energy. The laser‑charged organic microcavity prototype exhibits a counter‑intuitive effect: it charges faster as its size grows,...
Vulcan’s Lionheart Heads to Production
Vulcan Energy secured its first lithium production licence for the Lionheart project in Germany, clearing a critical regulatory hurdle and moving the $3.9 billion venture toward production. The licence, LiThermEx, covers the Insheim geothermal area and is valid for six years,...
Final Call for Innovators as GRX26 Challenge Deadline Looms
The Global Open Innovation Colab challenge, hosted by Austmine and AusIMM, is closing its submission window on March 26, one week before the deadline. The competition seeks breakthrough technologies—such as AI‑driven geological modelling, remote sensing, and low‑impact drilling—to accelerate discovery and...
SLB OneSubsea Awarded Integrated EPC Contract by CNOOC
SLB OneSubsea secured a multi‑well integrated EPC contract from China National Offshore Oil Corporation for the deep‑water Kaiping 18‑1 field, covering 20 wells. The agreement includes delivery of standardized subsea production hardware—dual electric submersible pumps, gas‑lift and gas‑injection horizontal trees, manifolds,...
Fuel Supply Pinch Hits Junior Miners: AMEC
The Association of Mining and Exploration Companies (AMEC) warns that domestic diesel distribution bottlenecks are hampering remote Australian mining projects, especially junior operators. While fuel imports remain steady, major wholesalers are rationing supplies to independent distributors, creating uncertainty for smaller...
Standard Chartered Predicts Oil Prices Will Remain Higher For Longer
Standard Chartered raised its 2026 Brent forecast to $85.50 a barrel, up from $70, citing a 7.4‑8.2 million bpd supply cut from the Middle‑East war and limited off‑ramps. The bank projects quarterly Brent prices ranging from $78 in Q1 to $98...
Dakota Gold Sees Expansion Potential at Richmond Hill
Dakota Gold reported a 260‑metre north step‑out drill at Richmond Hill that intersected 13 metres grading 3.14 g/t gold and 10.57 g/t silver, indicating mineralization extends beyond the current measured and indicated resource. Additional holes, including BG‑GW‑11 and BG‑GW‑13, returned further gold‑silver...
BluVein Dynamic Charging Testing Moves up a Gear
BluVein has launched testing of its fourth‑generation dynamic charging system at Heidelberg Materials' Wolffdene bluestone quarry, fitting a retrofitted Epiroc MT42 Minetruck with the Hammer rail‑collector. After surviving extreme‑condition electrical tests at Germany's KEMA Labs, the system now undergoes six...
American Rare Earths’ Cowboy State Mine to Provide Feedstock for DoE Research
American Rare Earths (ARR) has been selected to supply feedstock for the DOE’s METALLIC research consortium, leveraging ore from its Cowboy State mine in Wyoming. The mine, part of the Halleck Creek project, was recently estimated to contain 547.5 million...
Terra Balcanica Intercepts 607 G/T Ag Eq. Over 3.0 M and 670 G/T Ag Eq. Over 3.9 M At Cumavici...
Terra Balcanica Resources announced Phase III drill results from its Cumavici Ridge target in Bosnia and Herzegovina, highlighting two high‑grade intercepts. Drillhole CMV25005 returned 607 g/t Ag Eq over 3.0 m, including 842 g/t Ag Eq over 1.7 m with 3.05% Sb. Drillhole CMV25006 intersected 670 g/t Ag Eq over...
Engine Air Filtration System
Donaldson Co. introduced ArmorSeal, a new air filtration system designed for off‑highway equipment engines. The system uses a precision spin‑welded joint and a geometry‑based seal to replace traditional snaps and adhesives. This design delivers consistent sealing pressure, cuts filter removal...
Conveyor Skirboards, Skirting Liners
Superior Industries unveiled its Adjustable Skirtboard Systems and RockGuard Skirting Liners, targeting conveyor load zones and transfer points. The modular, 3‑inch incremental design enables precise length and height adjustments, creating tighter seals that curb fugitive dust and material spillage. Integrated...
Mid-Range Drill Bit Resharpening Machine
Sandvik has launched the RG550Be, a mid‑range, semi‑automatic drill‑bit resharpening machine that operates as a stationary, non‑pneumatic plug‑and‑go unit with integrated water recirculation, filtration and ventilation. The machine is offered in a battery‑electric, rig‑mounted version and includes Wi‑Fi connectivity and...
Efficient New Cat Shovel Pairs With 777s
Caterpillar unveiled the Cat 6015 hydraulic mining shovel, featuring a 14.6‑metric‑ton payload that pairs directly with its 773, 775, and 777 trucks. The machine runs on a 615‑kW engine that meets Tier 4‑Final/EU Stage V standards without diesel exhaust fluid and offers...
Benz Drills Bonanza Gold at Australia’s Mt Egerton
Benz Mining announced an ultra‑high‑grade gold intercept at Mt Egerton, Western Australia, returning 7 metres grading 223 g/t gold within an 11‑metre, 144.2 g/t zone beneath the historic Hibernian mine. The hit validates the company’s revised structural model and adds to an existing...
Antimony Resources Hits All-Time High as It Prepares for Initial Resource
Antimony Resources (CSE: ATMY) is advancing its Bald Hill deposit in New Brunswick toward a first‑ever mineral resource estimate, completing a 10,000‑metre drill program with half the holes already finished. The company hired SRK Consultants to perform the estimation, leveraging...
Energy Department Offers $500M to Scale Critical Minerals Production
The U.S. Department of Energy announced up to $500 million in grants to expand domestic production of critical minerals for advanced batteries, marking its third funding round since 2022. The Office of Critical Minerals and Energy Innovation will fund up to...
Saudi Maaden Looks to Yanbu for Phosphates Exports
Saudi Arabian phosphate producer Maaden will restart exports through the Red Sea port of Yanbu, shifting from its traditional Ras Al‑Khair gateway. The move circumvents the Strait of Hormuz, which Iran has blocked since late February. Maaden plans to ship...
Bits, Bytes, Barriers: The State of Digital in Blasting
The article examines how digitalisation is reshaping blasting operations, drawing on insights from industry leaders BME, Enaex, and Orica. It highlights the massive data generated by each blast and the potential of AI, sensors, and edge computing to improve efficiency,...
Energy Storage to Emerge as Demand Driver for Lithium: Liontown CEO
Liontown Resources CEO Tony Ottaviano says large‑scale stationary energy storage is emerging as a second engine for lithium demand, reducing reliance on electric vehicles alone. Fastmarkets forecasts global storage installations will grow ~25% annually, reaching about 800 GWh by 2030 and...
FLS Announces JV in Uzbekistan, Underpinning Its Strategic Focus on Central Asian Mining
FLSmidth announced a joint venture with Uzbek industrial group Texnopark to build a modular service centre in Uzbekistan. The centre will initially support Almalyk MMC’s MOF‑4 copper‑gold‑molybdenum concentrator and later expand as new mines come online. By locating service, spare‑parts...
Zambia Strengthens Sustainable Gold Mining Through Landmark ZCCM-IH and planetGOLD Partnership
Zambia’s state‑owned ZCCM Investments Holdings has signed a Memorandum of Understanding with the UN‑backed planetGOLD Zambia Project to formalize the artisanal and small‑scale gold mining (ASGM) sector. The partnership will create a transparent off‑take system, introduce mercury‑free processing technologies, and...
BOEM Issues Notice of Intent for Offshore Well Stimulation Work
The Bureau of Ocean Energy Management (BOEM) issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which would allow hydraulic fracturing on 16 existing wells...