Gold Price Climbs to Three-Week High on US-Iran Ceasefire
Gold surged to a three‑week high on Wednesday, with spot prices climbing over $4,850 per ounce—a 3% jump following the U.S.–Iran two‑week ceasefire. The truce eased fears that Middle‑East conflict‑driven oil spikes would stoke inflation and keep central banks from cutting rates, reviving demand for non‑yielding assets like gold. Analysts note the rally is fragile, hinging on the durability of the cease‑fire and broader geopolitical negotiations. Nonetheless, bullish long‑term forecasts from Goldman Sachs and Wells Fargo keep price targets near $5,400‑$6,300 per ounce.
Rock Tech Draws $144M Investment in Ontario Lithium Plant
BMI Group is investing C$200 million ($144 million) as the lead limited partner in Rock Tech Lithium’s proposed lithium‑hydroxide converter plant in northern Ontario. The partnership also earmarks up to C$30 million ($21.6 million) for engineering, permitting and early site work, targeting a final...
AOMC, Odyssey Merge to Build $1B Deep-Sea Miner
American Ocean Minerals Corp. (AOMC) is merging with Odyssey Marine Exploration in an all‑stock reverse takeover, creating a deep‑sea mining entity valued at roughly $1 billion. The deal is backed by more than $150 million of private‑placement financing and a $75 million pre‑public...
Top 50 Mining Companies Power Through Iran War – up $250 Billion in 2026
The MINING.COM Top 50 miners posted a combined market capitalization of $2.41 trillion at the end of Q1 2026, up roughly $250 billion from the start of 2025. Despite the onset of the US‑Iran conflict and a sharp drop in gold and silver prices,...
PH7 Technologies Targets Tough Ores with Cleaner, Closed-Loop Processing
pH7 Technologies is expanding its Vancouver facility to scale recovery of platinum‑group metals and strengthen Canadian critical‑metal supply chains. The company secured up to C$4 million ($2.8 million) in NRC IRAP funding to accelerate its proprietary organo‑electrochemical platform that extracts PGMs without...
‘Phytocapture’ From Kazakhstan Research Institute Helps Trap Airborne Dust Near Gold Mine
China's Zijin Mining will spend $500 million to build a processing plant in Kazakhstan after acquiring RG Gold for $1.2 billion. RG Gold, now part of Zijin, has planted over 100,000 Scots pine trees across 20 hectares to capture dust from its Raygorodok open‑pit...
Barrick Warns of “Significant Increases” To Budget, Timeline for Pakistan Copper Project
Barrick Gold warned that its Reko Diq copper project in Pakistan could see "significant increases" to the previously disclosed capital budget and a delayed timeline. The miner now expects to extend the project review until mid‑2027 due to escalating security...
Atlas Lithium’s Neves Project Selected for Potential Funding Under US-Japan Partnership
Atlas Lithium’s flagship Neves lithium project in Brazil was named in the joint US‑Japan critical minerals fact sheet, making it the sole Brazilian asset under consideration for government funding. The inclusion follows a $30 million strategic investment and off‑take agreement with...
Cerrado Battles Portugal over Stalled Copper-Zinc Project
Toronto‑listed Cerrado Gold reported higher earnings but faces a legal battle in Portugal over its Lagoa Salgada copper‑zinc project. The company filed an injunction against an environmental ruling that cited water‑resource risks, arguing procedural flaws and a shortened consultation period....
Wheaton Lands $4.3B BHP Silver Stream, Enters Australia
Wheaton Precious Metals has signed a $4.3 billion silver streaming agreement with BHP, granting it 33% of silver output from Peru’s Antamina mine until 100 million ounces are delivered, after which the share falls to 22.5%. The company also sealed a $275 million...
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...
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...
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...
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...
ACG Metals Hunts Copper Deals to Build Western Supply
London‑listed ACG Metals is actively pursuing up to ten copper‑mine acquisitions, focusing on assets already producing or near production. The company completed its first 2024 deal, buying Turkey's Gediktepe gold‑silver mine for $300 million and plans to start copper output there...
Falcon Seeks $100M From Guinea in World Bank Court
Falcon Energy Materials has lodged a $100 million arbitration claim with the World Bank’s International Centre for Settlement of Investment Disputes, alleging Guinea illegally expropriated its Lola graphite project. The claim invokes the bilateral investment treaty between Guinea and the United...
BHP Wins UK Appeal Ending Case over Brazil Dam Collapse Claims
BHP has won a UK Court of Appeal decision that terminates contempt of court proceedings linked to claims it funded litigation to block Brazilian municipalities from suing over the 2015 Mariana dam disaster. The appeal overturns a prior High Court...
Centaurus Inks Glencore Deal for Jaguar Nickel Output
Centaurus Metals secured a five‑year, $450 million off‑take with Glencore for 20,000 tonnes of 32% nickel concentrate annually, covering roughly one‑third of the Jaguar project’s planned output. The agreement ties sales to LME nickel prices and includes copper and cobalt by‑product terms....
Rio Tinto Slows Quebec Lithium Plant Build, Timeline Intact
Rio Tinto announced it will slow construction of the Nemaska lithium processing plant in Quebec, halving its contractual workforce to manage rising costs. The plant, now about 70% complete, is slated to produce 32,000 tonnes of lithium hydroxide annually, with...
Op-Ed: Europe’s Rare Earth Test Begins After Finland’s Drill Hit
European Resources reported its strongest rare‑earth intercept at Finland’s Korsnäs project, logging an average 4,902 ppm TREO over a 31.5‑metre interval. The drill core also showed a high proportion of neodymium‑praseodymium (NdPr), comprising roughly 28‑30% of the total rare‑earth mix. While...
Rio Tinto Produces Low-Carbon Aluminum Rod in Partnership with Prysmian
Rio Tinto and Prysmian have completed an industrial trial producing low‑carbon aluminum rod by blending hydro‑powered metal from the Alma smelter in Quebec with aluminum made using Rio Tinto’s ELYSIS technology, which eliminates direct CO₂ emissions. The trial is part...
Iran War Could Leave Lasting Shock on Commodities: Report
The US‑Israel war against Iran has already rattled global commodity markets, tightening supply chains for oil, fertilizers, chemicals and several metals. BMO Capital Markets notes oil prices spiked toward $120 per barrel before settling near $90, while nitrogen fertilizer costs...
Gold Price Fades on Inflation Concerns, Silver Price Rebounds
Gold slipped to about $5,015 an ounce on Monday, a 3% intraday drop, before regaining most of the loss, as a stronger U.S. dollar and inflation‑driven rate worries kept investors on the sidelines. Silver, by contrast, rose over 2% to...
La Mancha Builds $313M Interest in G Mining
La Mancha Resource Capital purchased 9.3 million G Mining shares for C$427 million, raising its stake to 19.9%. The deal underscores La Mancha’s confidence in G Mining’s expanding asset base, notably the Tocantinzinho ramp‑up and the upcoming Oko West project in Guyana....
Phoenix Copper Fires Chair, CFO over Secret Payments
Phoenix Copper (AIM: PXC) dismissed its executive chairman Marcus Edwards‑Jones and CFO Richard Wilkins after an internal probe revealed undisclosed related‑party payments of about $1.765 million to a firm owned by the chairman and an additional £610,000 in unauthorized bond‑related transfers. The board...
Beyond Mining: Oklahoma Bets on Refining to Anchor US Critical Minerals Supply Chain
U.S. critical‑minerals strategy is shifting from mining to processing, and Oklahoma is positioning itself as a domestic hub for refining, smelting and magnet manufacturing. The state is courting major projects, including a $4 billion aluminum smelter by Emirates Global Aluminium at...
Luca Drills 14g Gold that May Grow Mexico Mine
Luca Mining announced two high‑grade gold intercepts at its Tahuehueto mine, including 14.27 g/t gold over 7.6 m and 6.66 g/t gold over 13.2 m, both drilled just below existing underground workings. The hits occur within 30 m of Level 23, leveraging the mine’s current infrastructure...
South32 Hermosa Project Closer to US Federal Approval
South32’s Hermosa zinc‑silver project in Arizona received a Draft Record of Decision and Final Environmental Impact Statement from the U.S. Forest Service, signaling federal approval for key infrastructure on National Forest land. The draft endorses the preferred development alternative, allowing...
RANKED: Top 20 Automakers by Battery Metals Spending
The global passenger EV market grew 18% YoY in 2025, pushing battery capacity deployment past 1 TWh for the first time. Raw‑material costs for lithium, graphite, nickel, cobalt and manganese reached $15.6 billion, an 11% rise over 2024 but still half of...
First Nations Coalition Says Indigenous Equity Key to Faster Mining Approvals in Canada
The First Nations Major Projects Coalition (FNMPC) is championing Indigenous equity ownership as a catalyst for faster mining and energy project approvals across Canada. By providing technical, regulatory and financial support, the coalition helps First Nations move from consultation to...
Resolute Mining Grows Gold Inventory with Côte D’Ivoire Additions
Resolute Mining announced a 60% increase in its gold resource estimate, now totaling 347 million tonnes at 1.6 g/t gold and over 17.63 million ounces. The boost stems from the $150 million acquisition of the Doropo and ABC projects in Côte d’Ivoire, which added...
Pan American’s Largest Silver Mine Just Got Bigger
Pan American Silver announced the discovery of four new high‑grade veins—Filomena, Nicolasa, Bernardina and Josefina—at its La Colorada mine in Zacatecas, Mexico. Roughly 40% of the recent drill holes returned silver assays above 1,000 g/t, indicating a substantial resource upside. The...
Defense Metals Conditionally Approved for Canadian Infrastructure Funding
Defense Metals received conditional approval for C$1.88 million from Canada’s Critical Minerals Infrastructure Fund to build a 60‑km transmission line delivering up to 35 MW of hydroelectric power to its Wicheeda rare‑earth project in British Columbia. The Wicheeda deposit holds 25.5 million tonnes...
Canada, Brazil Launch AI Push to Find Nickel Deposits
Canada and Brazil have signed a technical cooperation agreement to apply artificial intelligence to nickel exploration. The Geological Survey of Canada and Brazil’s Geological Survey will merge geology, geochemistry, geophysics and remote‑sensing data into a shared AI‑driven modelling platform. Initial...
US Antimony Estimates Resource for Ontario Tungsten Project
United States Antimony released an initial resource study for its Fostum tungsten project in Ontario, showing an inferred 14.62 million‑tonne resource grading 0.17% WO₃ and containing 53.6 million pounds of tungsten oxide. At $1,890 per tonne, the in‑ground metal is valued at...
Shorter Commodity Cycles Reshaping Trading, Value: McKinsey
McKinsey’s latest commodity trading report warns that volatility cycles are shortening, diminishing the relevance of traditional super‑cycle models. Trading revenues slipped to $69 billion in 2025, yet remain about twice pre‑pandemic levels, establishing a higher baseline. The firm highlights AI and...
Rare Earths Norway Says Fen Resource 81% Larger
Rare Earths Norway announced an updated mineral resource estimate for its Fen project, Europe’s largest rare‑earth deposit, now pegged at 15.9 million tonnes – an 81% increase over the 2022 figure. The new estimate eclipses Sweden’s Per Geijer deposit, positioning Fen as...
First Phosphate Lands Conditional $12.2M Grant to Advance LFP Processing Plans
First Phosphate secured a conditional non‑repayable contribution of up to C$16.7 million ($12.2 million) from the Canadian government to fund a feasibility study for lithium‑iron‑phosphate (LFP) battery material processing. The grant will finance technical and engineering work through 2028 to validate production...
Sustainable Fitch Affirms Navoi Mining’s ESG Rating
Navoi Mining and Metallurgical Company (NMMC) received a reaffirmed ESG rating from Sustainable Fitch, maintaining a ‘3’ rating while its overall score rose to 54. The environmental profile improved to ‘2’ after the company disclosed Scope 2 emissions and set a...
Taseko’s Florence Mine Delivers First New US Copper in 17 Years
Canadian miner Taseko Mines announced its Florence Copper operation in Arizona has produced its first copper cathodes, the first new US copper output from a greenfield project since 2008. The electrowinning plant began commercial operations in late February, positioning Florence...
Hudbay Minerals to Buy Arizona Sonoran in $1B Deal
Hudbay Minerals announced an all‑share acquisition of Arizona Sonoran Copper Company for roughly C$1.48 billion, creating North America’s third‑largest copper district. The deal gives Hudbay full ownership of the Cactus project and expands its U.S. growth pipeline alongside Copper World. Valued...
Osisko’s Gaspé Revamp Ties History to Copper’s Surge
Osisko Metals is spearheading the revival of Quebec’s historic Gaspé copper mine, the largest undeveloped copper resource east of the Mississippi. The company, which acquired the property from Glencore for $45 million, expects a resource update by March 31 and a preliminary...
Sprott Invests $17M in American Eagle for 9.9% Stake
Canadian billionaire Eric Sprott has invested C$23 million (≈ $16.8 million) for a 9.9 % equity stake in British Columbia‑focused junior American Eagle Gold. The deal, executed at C$1.20 per share, pushes the company's market capitalization to roughly C$163 million and brings its cash balance...
QazMoly Nears $240M US Funding for Tungsten Project in Kazakhstan
Kazakh miner QazMoly is close to securing up to $240 million from the U.S. Export‑Import Bank to fund its Drozhilov tungsten project, provided all output is sold to U.S. buyers. The financing would cover a large share of the mine’s capital...
Gunnison Copper Update Lifts Project Value to Near $2B
Gunnison Copper (TSX:GCU) lifted its preliminary economic assessment, pushing the project’s net present value to $1.95 billion and the post‑tax IRR to 23% while extending mine life to 21 years. Capital spending rose 18% to $1.54 billion, reflecting operational upgrades such as...
Ontario Vows More Cash to Boost Mining
Ontario’s government is pledging additional cash to accelerate mining development, announcing C$140 million for road work to the Ring of Fire and billions for high‑capacity power lines. The province upgraded Kinross Gold’s Great Bear project under the One Project One Process...
RANKED: Top 10 Gold Mining Companies of 2025
Gold’s 2025 rally pushed bullion over 40% higher, its strongest annual gain since 1979, and sent the VanEck Gold Miners ETF soaring 155%. The surge propelled the world’s largest gold miners into record valuations, with Newmont and Agnico Eagle topping...
MP Materials to Build New $1.25B Magnet Plant in Texas
MP Materials announced a $1.25 billion investment to build a 120‑acre rare‑earth magnet campus in Northlake, Texas, under its “10X” program and a public‑private partnership with the U.S. Department of War. The facility will add roughly 10,000 metric tons of NdFeB magnet...
Panama Growth Hinges on Cobre Panama Restart: Report
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...