Shut Nova Scotia Mine May Hold $118M in Gold
St Barbara secured Nova Scotia approval to process roughly three million tonnes of ore from the idle Touquoy gold mine, targeting a revenue of CAD $118 million (US$86 million) at current $4,000‑per‑ounce gold prices. The 10‑14‑month operation will cost about CAD $11.4 million (US$8.3 million) and aims to extract 38,000 oz, with sustaining costs of US$1,598 per ounce. The project will generate 197 jobs and feeds into the company’s broader 15‑mile hub plan that envisions 100,000 oz annually by 2030. St Barbara’s shares jumped 20% to A71c, lifting its market value to roughly US$562 million.
Iran War, Indonesia Curbs to Support Nickel Price: Report
BMI raised its 2026 refined nickel price forecast to $16,600 per tonne, up from $15,800, citing a structurally firmer market despite a persistent global surplus. Indonesia’s decision to cap nickel ore mining quotas at 260‑270 million wet metric tonnes, down from...
Antofagasta Backs 2026 Goals Despite Copper Output Dip
Chilean miner Antofagasta reported an 8% drop in first‑quarter copper output to 143,000 tonnes, but net cash costs fell 30% to $1.08 per pound. The company kept its full‑year production guidance of 650,000‑700,000 tonnes and its $3.4 billion capital‑spending plan, citing...
Angola Flooding Closes African Copper Export Route
Heavy rains in Angola have forced the Lobito Atlantic Railway to suspend service on the Lobito Corridor, a $2.1 billion rail‑and‑port project that moves copper and cobalt from the DRC and Zambia to Atlantic markets. The shutdown damages bridges and track...
Kodal Ships Record Lithium From Bougouni in Mali
Kodal Minerals reported record lithium production and shipments from its Bougouni mine in Mali during Q1 2026. The operation produced 26,981 tonnes of spodumene concentrate grading 5.28% Li₂O, with March output topping 10,900 tonnes, a new high. Total exports reached about 49,000 tonnes, generating...
Paladin’s Namibia Restart Sharpens Africa’s Uranium Relevance During Wave of Reactor Builds
Paladin Energy has restarted its Langer Heinrich uranium mine in Namibia, targeting full production of about 4 million pounds of uranium per year by the end of June 2026. The restart lifts Namibia to roughly 12% of global uranium output, reinforcing...
New Woe Besets BC’s Two Biggest Gold Projects
Seabridge Gold’s KSM project, a $6.4 billion (≈$6.5 bn USD) capex venture and the world’s largest undeveloped gold resource, has hit a new roadblock as British Columbia will not issue the remaining tunnel permits until its court dispute with neighbour Tudor Gold is...
Uranium Energy Starts Burke Hollow Output in Texas
Uranium Energy Corp. (UEC) has activated its Burke Hollow in‑situ recovery (ISR) operation in Texas, marking the first U.S. ISR uranium production in over a decade. The project, approved by the Texas Commission on Environmental Quality, is expected to ramp...
First Quantum Taps IFC for Argentina Copper Push
First Quantum Minerals has secured a partnership with the World Bank’s International Finance Corporation to bring its Taca Taca copper project in Argentina up to IFC’s environmental and social standards. The deal paves the way for $4.2 billion of initial capital spending,...
Panama Moves to Unlock Copper From Idled Mine
Panama’s Commerce and Industries Ministry will issue a resolution permitting First Quantum Minerals to remove and process the 38 million‑tonne stockpile at the idled Cobre Panama mine, which contains roughly 70,000 tonnes of copper. Processing could start within three months and run...
White House Taps Highland Copper in Local Supply Push
The White House has highlighted Canadian miner Highland Copper as a key contributor to expanding U.S. domestic copper supply, placing its Copperwood project alongside major players like Rio Tinto. The announcement follows President Trump’s recent tariff adjustments that lower duties...
Editorial: Where Discoveries Begin
The Prospectors & Developers Association of Canada (PDAC) convention drew a record 32,000 attendees and over 1,300 exhibitors, underscoring its status as the mining industry’s premier networking forum. AngloGold Ashanti’s chief geologist Paul Bartos captured the PDAC Thayer Lindsley Discovery...
South America’s Rightward Shift Lifts Mining
Colombia’s May 31 presidential election will test whether a right‑leaning, market‑friendly government can revive a mining sector that contributed about 2.4% of GDP but saw output fall amid higher taxes and security concerns. The vote comes as Argentina, Chile and Bolivia...
First Majestic Eyes Late 2027 Restart for Jerritt Canyon
First Majestic Silver announced plans to restart the Jerritt Canyon gold mine in Nevada by late 2027, targeting a $75 million (≈ $76 million USD) 2026 investment for technical work, underground development and plant upgrades. A new prefeasibility study is slated for Q4...
Cerrado Battles Portugal over Stalled Copper-Zinc Project
Cerrado Gold reported higher earnings but is now embroiled in a legal fight over its Lagoa Salgada copper‑zinc project in Portugal. The company filed an injunction against a January environmental ruling that cited water‑resource risks, claiming procedural flaws. Shares hovered...
Americas Gold & Silver Sees 30% Output Rise This Year
Americas Gold & Silver projects a 30% rise in 2026 silver output, targeting 3.2‑3.6 million ounces at an all‑in sustaining cost of $30‑$35 per ounce. Measured and indicated resources grew 10% to 115.7 million ounces, with average grades up 30%. The company...
Montage Boosts Koné Gold Grade by 20% in Africa
Montage Gold lifted its Koné resource by 21% to 4.63 million ounces grading 0.69 g/t, while the Gbongogo Main deposit saw indicated resources rise 40% to 783,000 ounces at 1.51 g/t. The upgrade follows a 174,000‑metre 2025 drilling campaign with tighter 12.5‑metre spacing...
Saga Metals Acquires Titanium Property From Rio Tinto
Saga Metals has purchased the 64.5 km² Garneau titanium prospect from Rio Tinto’s Canadian arm for an exploration spend of about $317,000 USD, with Rio retaining a 2% NSR royalty and reimbursing $44,000. The property sits within Quebec’s Havre‑Saint‑Pierre anorthosite complex,...
Gold Strong, but Juniors Must Deliver, Haywood Says
Gold’s rally to roughly $5,600 per ounce has lifted junior miners, but Haywood Securities warns that the next phase will reward only those with funded drill plans and clear catalysts. The firm’s latest quarterly report adds eight explorers to its...
B2Gold’s Goose Area Keeps Laying Bonanza Eggs
B2Gold reported striking drill results at its Llama deposit in Nunavut, including a 13.7‑metre intercept grading 41.95 g/t gold and a 38.2‑metre intercept at 17.95 g/t. The company’s 2025 exploration program, backed by $46 million in 2026 spending, expands the Back River district’s...
RANKED: World’s Top 20 Largest Gold Mines
The latest ranking of the world’s 20 largest gold mines shows Nevada Gold Mines retaining the top spot with 2,595 koz in 2025, while production at several sites shifted dramatically amid market volatility. Gold prices surged to a record $5,600 per...
Tudor Drops One Wrangle over BC’s Biggest Gold Project, but Other Hurdles Remain for Seabridge’s KSM
Tudor Gold has withdrawn its appeal against the British Columbia regulator’s decision, removing one legal obstacle to Seabridge Gold’s KSM gold‑copper project. The appeal concerned the Mitchell Treaty Tunnels that would run through Tudor’s claims, potentially restricting access to the...
Guardian Taps NYSE American for Nevada Tungsten
Guardian Metal Resources listed on NYSE American, raising roughly $50 million to accelerate development of its Nevada tungsten assets. The proceeds will fund the Pilot Mountain project, which holds a 12.5 Mt resource grading 0.27% WO₃, and the Tempiute site, which benefits...
Myriad Sells New Mexico Uranium Project for 6X Return
Myriad Uranium announced the sale of its Red Basin uranium project in New Mexico to Subatomic Industries for $2.5 million cash, while retaining a 10 % free‑carried interest. The transaction delivers more than a six‑fold return on the C$525,000 investment made a year earlier....
Lucara Finds Rare Blue Diamond in Botswana
Canadian miner Lucara Diamond announced the recovery of a 36.92‑carat Type IIb blue diamond from stockpiled ore at its Karowe mine in Botswana. The stone was located using X‑ray transmission technology, adding to a year that already produced five diamonds over...
Teck’s Undisclosed Royalty Worth Billions on Barrick’s Fourmile Could Stymie IPO
Teck Resources disclosed a 10% net legacy profit royalty on Barrick Gold’s Fourmile project, increasing to 15% after 6 million ounces are produced. The royalty is estimated to generate $100‑200 million annually, potentially worth billions over the mine’s life and representing about...
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...
Nouveau Monde Graphite Scores $460M Funding Deal
Canadian graphite miner Nouveau Monde Graphite secured a $335 million senior debt facility from Export Development Canada and the Canada Infrastructure Bank, covering most of the $421 million capital cost for the second phase of its Matawinie project. The financing, combined with...
JV Article: Trinity Consultants Sees Early Gains Under Ontario’s New Rules
Ontario’s One Project, One Process (1P1P) framework consolidates multiple mining permits into a single, government‑led pathway, aiming to speed approvals for critical‑mineral projects. Frontier Lithium’s PAK lithium project, the first designated under 1P1P, is already seeing benefits such as streamlined...
JV Article: Deloitte Targets Mid-Tier Miners Managing Project Complexity
Deloitte Canada has introduced the Mining Evolution Platform, a subscription‑based ERP solution built on SAP Public Cloud, targeting mid‑tier and junior miners. The platform consolidates financial, operational and supply‑chain data into a single, real‑time view, aiming to replace fragmented legacy...
JV Q&A: Dundee Sustainable Eases Processing Risk
Dundee Sustainable Technologies is helping miners mitigate processing risk by removing arsenic from sulphide‑bearing concentrates and stabilising it into an inert glass product. ESG scrutiny is pushing regulators and financiers to evaluate processing routes earlier, prompting miners to engage Dundee...
AI’s Application Still Clouded by Hype
AI is being promoted across mining for exploration, but most tools deliver modest efficiency gains rather than breakthroughs. EY’s 2026 outlook shows 21% of miners intend to raise AI spending by over 20% despite limited returns due to siloed data...
Titan Mining Starts Graphite Shipments, Feasibility Study
Titan Mining has begun shipping graphite concentrate from its Kilbourne demonstration plant in New York, marking the first U.S. graphite output in decades. The demo facility, capable of 1,200 tonnes per year, has produced roughly 1,600 kg and is supplying customers for...
Botswana Diamonds Rebrands, Targeting Copper
Botswana Diamonds announced it will rebrand as Botswana Minerals and adopt the ticker BMIN, reflecting a strategic pivot toward copper exploration. An AI‑driven analysis of its 95,000 sq km geological database uncovered 11 high‑potential copper targets, leading to eight new licences. The...