Proposal to Launch Antimony Trioxide 99.5% Sb2O3 Min, Exw China Price Assessment: Pricing Notice
Fastmarkets announced a proposal to launch a new ex‑works China price for antimony trioxide (99.5% Sb2O3 min). The price, quoted in yuan per tonne, will be published weekly and targets a minimum 10‑tonne spot transaction. The consultation period runs from Feb 27 to Apr 10, with a planned launch on Apr 17, 2026, pending market feedback. This addition expands Fastmarkets' industrial minerals suite and offers a domestic benchmark amid tighter antimony export controls.
SA Bank Says Gold to End Above $6,000/Oz This Year
Standard Bank’s African Markets Conference highlighted a bullish outlook for gold, with its head of precious metals projecting the metal to finish the year above $6,000 per ounce and potentially reach $7,000‑$10,000 next year if interest rates keep falling. Attendees...
Hillgrove Charts Path to Growth as Copper Production at Kanmantoo Gathers Momentum
Hillgrove Resources reported a strong 2025 turnaround at its Kanmantoo underground copper mine, boosting production to over 11,300 tonnes and lifting revenue 49% to $167.6 million. The company reversed a $14.8 million loss into a modest $100,000 profit and grew cash reserves...
Namibia: Chamber of Mines Says Sector Employs 26.7 Percent of Namibian Workforce
The Chamber of Mines rebutted ILO remarks by highlighting that its members generated 20,843 direct jobs and an estimated 145,901 indirect jobs in 2024, accounting for 26.7% of Namibia’s employed population. It contested claims that the sector lacks local beneficiation...
Arika Expands Pennyweight Point Gold System Along Strike and at Depth
Arika Resources announced that recent RC drilling at its Pennyweight Point deposit on the Yundamindra project has extended high‑grade gold mineralisation both along strike and to greater depth. Intercepts include 21 m at 4.65 g/t Au, with a peak of 19.39 g/t over...
Fortescue’s Electrification Spend Hits $1 Billion-a-Year “Run Rate,” As Diesel Savings Start to Flow
Fortescue Metals Group spent $427 million in the first half of FY2026 on decarbonisation and expects annual outlays of $800 million to $1.2 billion, putting the company on a roughly $1 billion‑a‑year run rate through the decade. The miner is installing solar, wind, battery...
Coronado Turns Page on a 'Challenging Year'
Coronado Global Resources announced the completion of its Mammoth Underground expansion and Buchanan growth project after a challenging 2025 marked by a steep revenue decline and significant net losses. The company aims to leverage the new assets to boost ore...
Riversgold Storms Ahead with Northern Zone Work Ahead of Near-Term Gold Production
Riversgold has completed a 31‑hole shallow drill program across the central and eastern mineralised zones of its Northern Zone gold project in Western Australia. The company expects assay results soon and is advancing the conversion of the tenement to a...
Norwest Minerals Delivers Exquisite High-Grade Gold at Marymia East
Norwest Minerals announced a high‑grade gold intercept at its Marymia East project, reporting 3 metres grading 7.93 g/t Au from 48 m depth, including a 1 metre section of 21.4 g/t. The drill hole, MRC02, was located 50 m west of historic shallow mineralisation and bolsters...
Government Monitors Iron Ore Pricing Shifts Amid China Talks
The Australian government is closely tracking new iron‑ore pricing arrangements being trialled between Chinese buyers and major Australian producers. Companies such as Fortescue and Rio Tinto have begun using Fastmarkets, while BHP negotiates with China Mineral Resources Group over alternative...
Nimy Resources Kicks Off Block 3 Gallium Scoping Study
Nimy Resources has launched a scoping study for the Block 3 gallium discovery at its Mons project in Western Australia’s Yilgarn Craton. The deposit contains roughly 2,700 tonnes of gallium, positioning it as a potential non‑Chinese supply source for Western markets. Metallurgical...
Rox Advances Youanmi on Multiple Fronts Towards First Gold
Rox Resources is accelerating development at its wholly‑owned Youanmi gold project in Western Australia, completing roughly 750 metres of underground advance and targeting first‑level access by month‑end. Surface and underground infill drilling are underway to boost early ore inventory, while dewatering...
Centuri Holdings Inc (CTRI) Q4 2025 Earnings Call Transcript
Centrus Energy reported FY 2025 revenue of $448.7 million, a modest 1.5% increase, with gross profit rising 5% to $117.5 million and net income of $77.8 million. Growth was driven by a 21% jump in SWU sales, while uranium revenue...
Essential Utilities Inc (WTRG) Q4 2025 Earnings Call Transcript
Select Water Solutions reported $1.4 billion in consolidated revenue for 2025 and a record adjusted EBITDA of $260 million, exceeding its guidance. The Water Infrastructure segment posted a 54% gross margin in Q4 and is projected to grow 20‑25% year‑over‑year in 2026,...
Ramaco Resources Inc (METC) Q4 2025 Earnings Call Transcript
Warrior Met Coal reported record Q4 and full‑year 2025 production and sales, driven by the early, on‑budget launch of the Blue Creek longwall mine. Revenue rose to $384 million and net income surged to $23 million, while adjusted EBITDA increased 75% to...
Record Iron Ore Shipments Fill Fortescue’s Pockets
Fortescue Metals Group delivered a record 100.2 million tonnes of iron ore in the first half of FY 2025, a 3% increase over the prior period, driving revenue to $8.4 billion and EBITDA to $4.486 billion. Mining output rose 2% and processing volumes matched...
Alkane Uncovers Bonanza Antimony-Gold Hits at Kendal
Alkane Resources has identified high‑grade antimony‑gold intersections at the Kendal system, an up‑dip extension of its Youle and Shepherd deposits at Costerfield, Victoria. Infill and extension drilling over the past year revealed multiple bonanza‑style zones, notably the 520 vein which...
Whitecap Says Scale Gained with Veren Takeover Helped Secure Global Gas Contracts
Whitecap Resources leveraged its May acquisition of rival Veren to boost scale, prompting a credit‑rating upgrade, lower borrowing costs and larger reserves. The expanded footprint enabled the company to lock in two 10‑year natural‑gas supply contracts totaling 85,000 MMBtu per day,...
PolarX’s ‘Outstanding’ Gold Hits Prompt Push for More Drilling at Ridgeline
PolarX’s inaugural drill program at the Ridgeline prospect in Nevada delivered high‑grade gold intersections, highlighted by a 9.1‑metre interval grading 6.38 g/t at 89 metres depth. The 13‑hole, 2,027‑metre campaign intersected mineralisation in ten holes, confirming the surface‑to‑depth continuity of steeply dipping...
Hycroft Mining Soars on Sprott Share Buy
Canadian billionaire Eric Sprott increased his stake in Hycroft Mining Holding by purchasing 150,000 shares at $42.05, bringing his ownership to roughly 44.5% of the company. The buy‑back sparked a more than 12% rally, pushing the stock to a one‑month...
How the EU Could Unlock 22 Trillion Cubic Feet of Barents Gas
The European Union is reviewing its Arctic policy, and a tighter definition could unlock the Barents Sea’s estimated 22 trillion cubic feet of gas. Norway’s offshore fields could then supply 20‑30% of EU gas demand through 2050, offering a lower‑emission alternative...
Eagle Energy Metals and Spring Valley Acquisition Corp. II Announce Closing of Business Combination
Eagle Energy Metals Corp. completed its business combination with Spring Valley Acquisition Corp. II, creating Eagle Nuclear Energy Corp. The new company will begin Nasdaq trading on February 25, 2026 under the ticker symbols NUCL and NUCLW. The merger pairs the largest...
Ghana: Tighten Mining Act to Halt Mercury Smuggling
Ghanaian officials and civil‑society groups are urging a revision of the Minerals and Mining Act to curb the rampant smuggling and use of mercury in artisanal and small‑scale gold mining (ASGM). The current legislation lacks a national mercury storage and...
How Rokbak Haulers Maximize Uptime and Cut Lifecycle Costs
Rokbak concentrates exclusively on articulated haulers, positioning itself as a niche expert for mining and quarry operations. Its RA30 and RA40 models achieve high physical availability by integrating robust structures, proven components, and low warranty claim rates. The company extends...
Liberia: Mme Hosts One-Day Pilot Stakeholders' Dialogue On Mineral Rights
The Ministry of Mines and Energy convened a one‑day pilot stakeholders’ dialogue in Arthington on Feb 20 to address gaps between mineral rights, land rights and community obligations. Participants including chiefs, civil‑society groups, GIZ and LEITI examined regulatory, fiscal and environmental...
DRC Govt Condemns Artisanal Mine Collapse in Lualaba, Calls for Urgent Safety Measures
On February 24, a collapse at an artisanal mine on the outskirts of Kolwezi in Lualaba Province killed several Algerian workers, prompting Prime Minister Judith Suminwa to condemn the tragedy and pledge stronger safety oversight. She cited a December 2025 ministerial report...
Lualaba Showcased Cobalt Leadership and Sustainable Vision at Mining Indaba 2026
At Mining Indaba 2026 in Cape Town, Lualaba province positioned itself as the world’s leading cobalt producer, emphasizing its pivotal role in the energy transition. Governor Fifi Masuka Saini highlighted the region’s stable, investment‑friendly governance and alignment with international mining...
DRC Mineral Export Prices Decline, Tin Records Steepest Weekly Drop
The Democratic Republic of Congo’s mineral export prices are set to fall in the week of Feb 23‑28, 2026, with tin posting the steepest decline to $48,089 per ton, a $1,667 drop from the prior week. Copper, gold, and zinc also...
Philex 2025 Income Climbs to P929.69M on Record Metal Prices
Philex Mining Corp posted a net income of P929.69 million in 2025, a 14.7% rise year‑over‑year, driven by record‑high gold and copper prices and a favorable peso exchange rate. Revenues climbed 8.2% to P8.85 billion, while core net income surged 43.6% to...
DRC Launches National Airborne Geophysical Mapping Programme to Modernise Mining Sector
The Democratic Republic of Congo has launched a nationwide airborne geophysical and geological mapping programme, overseen by a newly formed steering committee chaired by Mining Minister Louis Watum Kabamba. Spanish firm Xcalibur Multiphysics Group SL secured the contract to conduct...
Govt Praises Kansanshi for Driving Local Supplier Development in North-Western Province
The Zambian government praised Kansanshi Mining PLC for hosting a Tender and Bid Workshop aimed at strengthening local suppliers and contractors in the North‑Western Province. Deputy Permanent Secretary Luckson Mulumbi highlighted the workshop’s role in advancing local content and reinforcing...
Vizsla Renews Trust Lands Lease at Palmer
Vizsla Copper Corp. has secured a lease extension on Alaska Mental Health Trust lands at its Palmer project through August 2033. The high‑grade volcanogenic massive sulfide deposit hosts 4.77 Mt of indicated resources averaging 1.69% copper, 5.17% zinc, plus notable silver and...
Kibali Breaks Revenue Record as Gold Prices Surge Despite Lower Output
Kibali gold mine posted record revenue of about $2.3 billion in 2025, a 40% jump from 2024, despite a 2% dip in gold output to roughly 673,000 ounces. Barrick’s 45% share generated $1.04 billion, while the mine’s contribution to group earnings rose...
U of M Project Aims to Inform Silica Sand Mining Plan
The University of Manitoba has partnered with silica‑sand producer Sio Silica to pilot a quantum gravimetry network that monitors groundwater changes in real time. The initiative follows the company’s revised mining proposal in the Rural Municipality of Springfield after the...
Renault Partners with Basquevolt on Lithium-Metal Cells
Renault's Ampere division has signed a development agreement with Basquevolt to accelerate lithium‑metal battery prototypes for future electric vehicles. The partnership targets pre‑A sample cells that could deliver up to 450 Wh/kg energy density while cutting capital costs and energy use...
Mars Signs One of Its Largest Renewable Energy Purchase Deals in Europe
Mars announced a power purchase agreement with Foresight Energy Infrastructure Partners for 70% of the output from the newly commissioned 277 MW Kölvallen wind farm in Sweden, delivering roughly 670 GWh of clean electricity each year. The deal marks the confectioner’s second...
Sylvania Posts Healthy Financials on the Back of Higher Production, Prices
Sylvania Platinum posted a 110% year‑on‑year jump in net revenue to $99.8 million for the six months to 31 December, driven by a 25% rise in 4E PGM production and a 55% increase in basket prices. Adjusted EBITDA surged 414% to $51 million...
Australia’s Most Costly Anti-Climate Policy Hits Taxpayers for $30m a Day as Calls Mount to Wind Back Fuel Tax Credits...
Australia’s fuel tax credits scheme is costing taxpayers nearly $10.8 bn this fiscal year – roughly $30 m a day – by refunding excise on diesel and petrol for miners, farmers and other heavy‑fuel users. Critics label it the nation’s most expensive...
Orkim Secures MR2 Charter with Petronas Trading Unit
Malaysian tanker owner Orkim has signed a six‑month time‑charter for its 2012‑built Orkim Citrine MR2 tanker with PETCO Trading Labuan, the trading arm of Petronas. The agreement, effective at the end of February 2026, includes an option to extend another six...
Mitsubishi Delivers First Ammonia Fuel Supply Systems for Marine Use
Mitsubishi Shipbuilding has shipped the first ammonia fuel supply system (AFSS) and ammonia gas abatement system (AGAS) for Japan Engine Corporation’s inaugural ammonia‑fueled marine engine, model 7UEC50LSJA‑HPSCR. The AFSS delivers ammonia to the engine safely and steadily, while the AGAS...
Critical One Energy Receives Exploration Permit for Howells Lake Antimony-Gold Project
Critical One Energy has received Ontario Ministry of Energy and Mines Exploration Permit PR‑24‑000227 for its Howells Lake antimony‑gold project in the Thunder Bay Mining District. The project, located 120 km west of the Ring of Fire, contains a historic resource...
Illegal Mining Remains a Nationally Coordinated Organised Crime Threat, SAPS Tells ...
South African Police Service warned that illegal mining has resurged, becoming a coordinated organized‑crime threat across Gauteng, North West, Mpumalanga, Limpopo, Free State, Northern Cape and KwaZulu‑Natal. Syndicates are re‑occupying abandoned shafts, using heavy equipment and engaging in armed clashes while expanding chrome...
Sodium-Ion Batteries Key to EU Competitive Edge, Says EESC President
The European Economic and Social Committee (EESC) is pushing sodium‑ion batteries to the forefront of the EU’s industrial strategy, urging the next 2028‑2034 Multi‑Annual Financial Framework to allocate dedicated funding. EESC President Séamus Boland argues that sodium‑ion technology offers a...
EU States Give Final Approval to Omnibus Package to Cut Sustainability Reporting and Due Diligence Requirements
The European Council gave final approval to the Omnibus I simplification package, dramatically scaling back the EU's corporate sustainability reporting and due‑diligence rules. The agreement retains a 1,000‑employee threshold for the CSRD but adds a €450 million revenue floor, cutting roughly...
Brazil Cuts Bitcoin Miner Import Duty to Zero and Companies May Plug Them Into Stranded Solar Next
Brazil's foreign trade council approved a resolution that eliminates import duties on high‑efficiency SHA256 Bitcoin miners—those above 200 TH/s and under 20 J/TH—effective through January 2028. Three days later, French utility Engie signaled interest in installing such miners at its 895 MW Assu...
Anglo American Earnings: Improved Copper and Iron Ore Results Offset by Its Other Businesses
Anglo American posted a 6% year‑over‑year rise in adjusted EBITDA to $6.9 billion, driven by higher copper and iron‑ore prices, while losses in its other divisions slashed net profit after tax 70% to $610 million. The company kept its final dividend at...
Liberia: Lofa Group Proposes Mining Ownership Model for Wologizi
The Lofa Senior Professionals Group hosted a workshop on Feb 19 2026 to unveil a ten‑year roadmap for a Liberian‑owned mining venture in the Wologizi Range. The plan proposes a three‑tier ownership split—40% government, 40% strategic investor, 20% community trust—and seeks $1.5‑2.5 billion...
Environmental, Community Groups to Challenge Regulators’ Approval of Dominion’s Gas Plant
Three climate‑justice nonprofits have filed a Virginia Supreme Court notice to appeal the State Corporation Commission’s approval of Dominion Energy’s $1.47 billion, 944‑megawatt Chesterfield natural‑gas plant. The appeal, filed through the Southern Environmental Law Center, invokes the Virginia Environmental Justice Act...
Microsoft Signs 1.8 Million Ton Carbon Removal Deal to Restore African Rainforest
Microsoft has signed a 15‑year agreement with Sierra Leone‑based Rainforest Builder to purchase up to 1.8 million carbon removal credits. The credits will be generated by Project Buffalo, a large‑scale reforestation effort that aims to plant over 10 million trees across 15,000...
DRC Replaces Top Officials at State Mining Company
The Democratic Republic of Congo’s president has replaced Gecamines’ chairman and CEO, appointing former justice minister Deogratias Ngele Masudi as chairman and EY mining partner Baraka Kabemba as chief executive. Gecamines, a state‑owned miner with minority stakes in copper‑cobalt projects...