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Mining Industry News Archive

Browse our complete archive of 67 mining industry news articles

U.S. Department of Energy Brings Together Vertical Gas Corridor Countries to Strengthen Energy Coordination - Mining Industry News

The U.S. Department of Energy (DOE) hosted officials from Bulgaria, Greece, Romania, Moldova, Ukraine, and the European Commission on February 25, 2026, to advance the critical Vertical Gas Corridor initiative. This strategic effort aims to enhance Europe's energy security by facilitating northbound flows of U.S. liquefied natural gas (LNG) from Greece, strengthening allies while creating significant opportunities for U.S. energy exports. The discussions focused on resolving regulatory challenges, harmonizing tariffs, and reviewing strategic infrastructure investments essential to unlocking the corridor's full capacity and reducing reliance on adversarial energy suppliers, thus indirectly bolstering demand for crucial mined materials in energy infrastructure development.

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Bold Ventures secures new claims near Joutel Property in Canada - Mining Industry News

Bold Ventures recently announced the strategic acquisition of six new mining claims contiguous to its Joutel Property in Quebec, Canada, consolidating its land package to 58 claims across 3,217 hectares. This expansion is driven by the identified presence of significant VTEM anomalies from a 2012 survey, with one area historically yielding promising nickel and gold intercepts. The transaction, involving 750,000 common shares issued to Emerald Geological Services (EGS) and awaiting TSX Venture Exchange approval, positions Bold for an aggressive exploration program targeting base and precious metals this winter.

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Dateline Resources acquires Music Valley rare earths project in US - Mining Industry News

Dateline Resources has significantly expanded its U.S. critical minerals footprint with the strategic acquisition of the Music Valley Heavy Rare Earths (HREEs) Project in California and a concurrent $1 million investment in Fermi Critical Minerals. These moves, announced on March 2, 2026, position Dateline to capitalize on historically high-grade HREE mineralization in California and gain exposure to a broad portfolio of uranium and rare earth projects across the US, reinforcing domestic supply chain capabilities at a pivotal time for global geopolitics and advanced technology development.

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Kingfisher Mining to sell Gascoyne assets to Dreadnought Exploration - Mining Industry News

Kingfisher Mining has executed a strategic divestment, agreeing to sell its 12 exploration licenses in Western Australia's Gascoyne region to Dreadnought Exploration, a subsidiary of Dreadnought Resources, for A$2 million in shares and up to A$1.5 million in performance-based cash payments. This move allows Kingfisher to reallocate capital and intensify exploration on its promising copper, gold, silver, zinc, and lead projects in New South Wales, particularly the Copper Blow project, while Dreadnought consolidates its position in the Gascoyne rare earth sector.

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Energy Secretary Continues to Strengthen Puerto Rico's Energy Grid with Renewed Orders - Mining Industry News

The U.S. Department of Energy has renewed two emergency orders for Puerto Rico, effective February 10, 2026, through May 11, 2026, to further fortify the island's electric grid ahead of the 2026 hurricane season and rising energy demand. These orders, initially issued in May 2025 and subsequently renewed, empower the Puerto Rico Electric Power Authority (PREPA) to manage critical generation units and accelerate crucial vegetation management, contributing to a significant increase in systemwide generation capacity and enhancing grid reliability. This strategic federal intervention highlights the critical importance of resilient energy infrastructure, a cornerstone for industrial stability and material demand globally, with significant implications for the mining sector's role in supplying essential raw materials.

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Core Lithium to sell Finniss stockpile to Glencore International - Mining Industry News

Core Lithium has finalized a binding agreement to sell its remaining 5,100 dry metric tonnes of spodumene concentrate stockpile from the Finniss Lithium Project to Glencore International. Valued at $2,023/dmt, this strategic sale is crucial for providing additional funding, reactivating the logistics chain to Darwin Port, and building momentum towards a potential restart of Finniss operations, which were previously halted in 2024 due to a precipitous drop in lithium prices.

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Project ramp-ups and new projects set to lift Australia’s iron ore output in 2026 - Mining Industry News

Australia is poised for a significant increase in iron ore production in 2026, with output projected to rise by 2.6% to 993.4 million tonnes, driven by the ongoing ramp-up of key projects like MRL’s Onslow, Rio Tinto’s Western Range, and Fortescue’s Iron Bridge, alongside new mine start-ups. This growth follows an estimated 1.4% increase in 2025, solidifying Australia’s position as the world's leading iron ore supplier, though the long-term outlook to 2035 includes both substantial new capacity and planned mine closures.

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Athena Gold plans acquisition of Forester Gold Project in Ontario - Mining Industry News

Athena Gold has announced plans to acquire a 100% interest in the 4,900-hectare Forester Gold Project in northwestern Ontario via an all-share transaction, positioning it strategically near Orla Mining's prolific Musselwhite Gold Mine. This acquisition diversifies Athena's portfolio and aims to leverage modern exploration techniques on an historically underexplored property showing geology analogous to a multi-million-ounce producer. The company plans a diamond drilling program for Forester in 2026, alongside upcoming drilling at its Laird Lake Project.

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Aruma Resources acquires 85% stake in Tillex Copper-Silver Project - Mining Industry News

Aruma Resources has acquired an 85% interest in the Tillex Copper-Silver Project in Ontario, Canada, through agreements with Metals Creek and for adjacent patent claims. The project, located in the Timmins mining district, contains high-grade copper sulphide mineralization with significant exploration and development potential, and positions Aruma to further delineate resources amid a favorable copper market outlook.

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Secretary Wright Arrives in Caracas to Further President Trump's Historic Energy Deal - Mining Industry News

U.S. Secretary of Energy Chris Wright arrived in Caracas on February 11, 2026, marking a pivotal moment for "President Trump’s historic U.S.-Venezuela Energy Deal." This high-level visit involves engagements with interim Venezuelan leadership, including interim President Delcy Rodriguez, local business leaders, and on-site assessments of the nation's oil fields, all aimed at restoring prosperity, safety, and security for Venezuela, the United States, and the broader Western Hemisphere. The initiative holds significant implications for global energy markets, geopolitical stability, and the interconnected mining industry, influencing everything from energy costs to regional investment climates.

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Eureka Lithium acquires Cabin Lake and Tyee Projects in Canada - Mining Industry News

Eureka Lithium has significantly diversified its asset base by acquiring 100% stakes in the polymetallic Cabin Lake Project in British Columbia and the titanium-vanadium Tyee Project in Quebec. This strategic move, completed through the purchase of Stairway Mining for 9.1 million common shares and potential C$1 million in milestone payments, expands Eureka's exposure beyond lithium into critical minerals essential for defense, electrification, and advanced manufacturing within mining-friendly Canadian jurisdictions. The acquisition signals Eureka's intent to grow into a multi-commodity exploration company, leveraging the geological potential and existing infrastructure of these promising Canadian assets.

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Energy Department Announces $175 Million to Modernize Coal Plants, Keeping Affordable Reliable Power Online for Americans - Mining Industry News

The U.S. Department of Energy (DOE) has allocated $175 million across six projects aimed at modernizing and extending the operational life of coal-fired power plants serving rural and remote U.S. communities. This initiative, part of a broader $525 million effort, seeks to enhance grid reliability, secure affordable electricity, and preserve high-wage energy jobs, particularly in Appalachia, marking a significant policy shift to reinvigorate the domestic coal industry.

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Secretary Wright Delivers Remarks Alongside Interim Venezuelan President Delcy Rodriguez - Mining Industry News

U.S. Secretary of Energy Chris Wright announced on February 11, 2026, a significant shift in U.S. policy towards Venezuela, signaling a renewed focus on commerce, peace, and prosperity through economic engagement. Following meetings with Interim President Delcy Rodriguez in Caracas, Secretary Wright detailed President Trump's agenda to dramatically increase Venezuelan oil, natural gas, and electricity production through an expedited licensing process. Crucially for the mining industry, Wright also highlighted Venezuela's "immense" natural resources in "mining, minerals," indicating a broader strategic intent to unlock the country's full resource potential and create substantial investment opportunities for U.S. and international firms.

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Energy Department Announces 26 Genesis Mission Science and Technology Challenges to Accelerate AI-Enabled American Innovation and Leadership - Mining Industry News

The U.S. Department of Energy (DOE) announced on February 12, 2026, the launch of 26 pivotal science and technology challenges under its Genesis Mission, aimed at harnessing artificial intelligence (AI) to accelerate innovation across energy, national security, and discovery science. This ambitious initiative, driven by Presidential Executive Orders, seeks to double the pace of U.S. research and development within a decade by integrating AI with world-class facilities and public-private partnerships, offering substantial implications for the mining industry's operational efficiency, resource discovery, and technological advancement.

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Energy Secretary Prevents Closure of Coal Plant That Provided Essential Power During Winter Storm - Mining Industry News

U.S. Energy Secretary Chris Wright has issued an emergency order to keep Consumers Energy's J.H. Campbell coal-fired power plant in West Olive, Michigan, operational through May 18, 2026. This directive aims to mitigate critical grid reliability issues in the Midwestern region, following the plant's essential role in stabilizing the power supply during recent winter storms. The decision underscores growing concerns about the premature retirement of dispatchable generating assets and their impact on energy security amidst the ongoing energy transition.

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Energy Secretary Keeps Critical Generation Online in Mid-Atlantic - Mining Industry News

The U.S. Department of Energy (DOE) has again intervened to prevent the shutdown of crucial natural gas and oil-fired generation units at the Eddystone Generating Station in Pennsylvania, issuing an emergency order on February 23, 2026. This directive, targeting Units 3 and 4, mandates PJM Interconnection and Constellation Energy Corporation to keep the units online from February 24, 2026, to May 24, 2026, citing persistent critical grid reliability concerns in the Mid-Atlantic region. The move underscores growing challenges in maintaining stable power supply amidst an evolving energy landscape, with significant implications for energy-intensive industries like mining.

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Energy Department Announces Largest Loan in Department History, Delivering Over $7 Billion in Electricity Cost Savings for Georgia and Alabama Customers - Mining Industry News

The U.S. Department of Energy (DOE) has announced a landmark $26.5 billion loan package, the largest in its history, to subsidiaries of Southern Company. This financing aims to add or upgrade over 16 gigawatts of firm, reliable power across Georgia and Alabama, delivering an estimated $7 billion in electricity cost savings for millions of customers. The monumental investment underscores a national priority for grid reliability and energy security, significantly impacting demand for essential mined commodities across the energy supply chain.

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Energy Department Announces $171.5 Million To Expand U.S. Geothermal Energy - Mining Industry News

The U.S. Department of Energy (DOE) has announced a significant $171.5 million funding opportunity to catalyze the expansion of next-generation geothermal energy across the nation. This investment aims to support critical field-scale tests for both electricity generation and advanced exploration drilling, thereby derisking promising geothermal prospects and encouraging private sector engagement to help achieve a potential 300 gigawatts of geothermal power by 2050. The initiative underscores a strategic push for domestic energy security, innovation, and economic growth under President Trump's "America First Energy Agenda."

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Energy Department Approves Export Expansion at Corpus Christi LNG - Mining Industry News

The U.S. Department of Energy, under Secretary Chris Wright, has authorized a significant 12% expansion of liquefied natural gas (LNG) exports from Cheniere Energy's Corpus Christi terminal, adding 0.47 billion cubic feet per day (Bcf/d) dedicated to non-Free Trade Agreement countries. This approval, announced February 26, 2026, elevates Corpus Christi to the nation's second-largest LNG export project with a total capacity of 4.45 Bcf/d, further solidifying the United States' position as the world's leading LNG exporter and creating substantial demand for mining sector products.

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Atlas Salt, Sandvik expand collaboration for salt project in Canada - Mining Industry News

Atlas Salt has expanded its agreement with Sandvik Mining to supply equipment, technology, and services for the Great Atlantic Salt Project in Newfoundland and Labrador, Canada. The updated collaboration, now valued at approximately $132 million, addresses all construction and ramp-up requirements as outlined in the latest feasibility study, including vendor-backed financing options.

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Angola eyes 20%-30% interest in De Beers - Mining Industry News

Angola is negotiating to acquire a 20%-30% minority stake in De Beers, with its state-owned companies Endiama and Sodiam managing the process. The move comes as Anglo American seeks to divest De Beers amid changing diamond market dynamics, and reflects Angola’s intent to strengthen its position in the global diamond sector.

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Questcorp initiates IP survey at BC’s North Island Project - Mining Industry News

Questcorp Mining has initiated a critical induced polarisation (IP) survey at its 1,168-hectare North Island Copper Project in British Columbia, Canada. This 10-15 line-kilometre survey, conducted by Peter E. Walcott & Associates, aims to verify and enhance historical geophysical targets within the Marisa Zone porphyry copper system, building on prior exploration that revealed copper mineralization in 1992. The programme is a key precursor to refining geological models and developing precise drill targets, positioning Questcorp to advance a compelling porphyry copper prospect supported by recent institutional financing from Sorbie Bornholm.

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Basin Energy to sell Marshall Uranium Project to GCC - Mining Industry News

Basin Energy has executed a definitive mineral rights sale and purchase agreement (SPA) to fully transfer its Marshall Uranium Project in Saskatchewan, Canada, to Green Canada Corporation (GCC), a subsidiary of PTX Metals. The transaction, valued at C$600,000 in cash and C$300,000 in shares over specified periods, is contingent upon GCC's reverse takeover of Maackk Capital, a C$2.5 million financing, and a public listing. This strategic move allows Basin Energy to unlock value from the project while retaining significant upside potential through equity interest, a buyback option, and exploration commitments from GCC.

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Atacama Resources announces acquisition of Atacama 3 site - Mining Industry News

Atacama Resources has announced the strategic acquisition of a full stake in the Atacama 3 mineral property, located approximately 16km south of Kirkland Lake, Ontario, within the highly prospective Abitibi Greenstone Belt. This 255-hectare site, comprising 13 contiguous mining claims, is situated just 2.5 miles from Agnico Eagle Mines' operating Macassa Mine, signaling a targeted move into a region renowned for significant gold production. Leveraging historical drilling data from 2006-2007, Atacama Resources has outlined a robust 2026 exploration program, including geophysical studies and further drilling, as it seeks to delineate economic mineralization in this structurally active corridor.

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Larvotto achieves 90% tungsten recovery at Hillgrove project - Mining Industry News

Larvotto Resources has reported a 90% tungsten recovery rate from metallurgical test-work at its Hillgrove project in New South Wales, Australia. This operational development supports the addition of tungsten concentrate as a byproduct to the existing antimony and gold production, with minimal capital investment and low operating costs.

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Catalyst Metals settles legal dispute concerning Plutonic gold belt - Mining Industry News

Catalyst Metals has resolved all outstanding legal disputes regarding the Plutonic gold belt in Western Australia, gaining full ownership and enabling accelerated exploration and development activities. The settlement supports the company’s strategy to expand mining operations and optimize the use of its processing infrastructure in a largely underexplored region.

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MinRes, POSCO sign binding deal for lithium partnership - Mining Industry News

Mineral Resources (MinRes) and POSCO Holdings have finalized a binding agreement for a lithium joint venture, with POSCO acquiring a 30% stake in MinRes’ operational lithium business. The deal covers significant interests in the Wodgina and Mt Marion lithium mines and is valued at approximately $3.9 billion, supporting both companies' positions in the global lithium supply chain.

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29Metals awards Gossan Valley mining contract to Byrnecut - Mining Industry News

29Metals has awarded Byrnecut Australia a four-year underground mining contract for the Gossan Valley project, part of the Golden Grove operations in Western Australia. The project features an initial six-year mine life, with ore reserves of 1.2 million tonnes and a combined mineral resource of 5.6 million tonnes, supporting ongoing production at Golden Grove.

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Vale iron ore strategy targets India - Mining Industry News

Vale is shifting its iron ore sales strategy to target increased demand from India and other Asian markets amid stable demand in China. The company reported its highest iron ore output since 2018, and is advancing significant capacity expansions in Brazil to support this market shift.

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Questcorp secures initial investment from Sorbie Bornholm - Mining Industry News

Questcorp Mining has secured a C$2 million ($1.42 million) initial investment from UK-based Sorbie Bornholm to support ongoing exploration and development at its key mining projects. The funds will advance work at the La Union gold and silver project in Sonora, Mexico, and the North Island copper property in British Columbia, Canada.

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Marubeni invests in Australian critical minerals project with RZ Resources - Mining Industry News

Marubeni has invested A$15 million for up to a 5% equity stake in RZ Resources’ mineral sands project in Australia, targeting the production of critical minerals including rutile, ilmenite, zircon, and monazite. The partnership encompasses mine development, plant upgrades, and improvements to feasibility and environmental documentation, with support from JX Advanced Metals and potential financing from US and Australian export credit agencies.

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China suspends ban on gallium, germanium, antimony exports to US - Mining Industry News

China has suspended its ban on exports of gallium, germanium, and antimony to the US, though export controls and licensing requirements remain in place. This regulatory adjustment restores partial US access to key minerals critical for semiconductor and defense industries, with the suspension scheduled to last until November 27, 2026.

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PYBAR to support Hillgrove antimony-gold project in NSW - Mining Industry News

Larvotto Resources has appointed PYBAR Mining Services as the underground development contractor for the Hillgrove antimony-gold project in New South Wales, Australia. The project is expected to supply up to 7% of global antimony demand and is fully funded for development, with operations scheduled to commence in Q4 2025.

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EU initiates Phase II investigation into MMG-Anglo nickel deal - Mining Industry News

The European Commission has launched a Phase II investigation into MMG’s proposed $500 million acquisition of Anglo American's Brazilian nickel assets, focusing on potential impacts to EU nickel supply and competition. The review is expected to conclude by March 20, 2025, with MMG and Anglo American required to address regulatory concerns to proceed.

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