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Copper Mining News

68 articles about copper mining

Energy Secretary Secures Mid-Atlantic Grid Ahead of Period of Hot Weather

The U.S. Department of Energy (DOE) issued two emergency orders on June 30, 2026, to stabilize the Mid-Atlantic power grid and avert potential blackouts stemming from anticipated record-breaking peak electricity demand fueled by severe hot weather. These directives, targeting PJM Interconnection, LLC, involve dispatching specific generation units and activating backup resources, highlighting the critical need for grid reliability and resilient energy infrastructure across the nation. For the mining sector, these developments underscore the ongoing pressures on power supply, the imperative for stable energy costs, and the growing demand for raw materials essential for grid modernization and energy security initiatives.

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The UK’s lithium moment: new issue of MINE out now!

The latest issue of <em>MINE</em> digital magazine, published on June 30, 2026, by Alejandro Gonzalez, centers on the dynamic lithium sector, exploring its crossroads after a decade of rapid growth. This comprehensive edition delves into the UK’s potential for a domestic lithium industry, direct lithium extraction advancements in the US, and the critical role of decarbonization technologies and cybersecurity in mining. Additionally, a dedicated Australia supplement provides in-depth analysis on metallurgical coal, uranium expansion, and innovative lithium production in the region, offering vital insights for mining industry professionals navigating evolving global commodity markets and strategic priorities.

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South32 agrees conditional $5.6bn aluminium asset sale to Alcoa

South32 has signed a conditional agreement to divest its aluminium value chain assets to Alcoa for an implied enterprise value of up to $5.6 billion, marking a significant strategic realignment for both companies. The transaction, encompassing major bauxite, alumina, and aluminium smelting operations across Australia, South Africa, and Brazil, will see South32 shed its exposure to the aluminium sector to focus on base and precious metals, while Alcoa substantially expands its integrated Bauxite-to-Aluminum portfolio globally. The complex deal involves upfront cash, Alcoa shares, assumed debt, and contingent payments, subject to numerous shareholder and regulatory approvals.

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pH7 Technologies secures funding for copper cathode production

<p><strong></strong></p> <p>In a significant development for sustainable mining, pH7 Technologies has secured up to C$5 million (US$3.51 million) from Natural Resources Canada to pilot its innovative closed-loop copper extraction technology at the Gibraltar Mine in British Columbia. Announced on July 1, 2026, this initiative aims to produce 99.9% pure copper cathodes directly from low-grade sulphide ores on-site, with green hydrogen generated as a valuable by-product. The project is poised to generate crucial data to inform future expansion, enhance critical mineral supply chains, and significantly contribute to the decarbonization of the Canadian mining sector.</p> <p><strong>

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Hancock starts production at $579m McPhee Creek mine

<p class="summary">Hancock Iron Ore has successfully commenced production at its A$840 million ($579 million) McPhee Creek mine in Western Australia's Pilbara region, overcoming regulatory delays to deliver its first ore after nearly 19 months of development. This significant milestone for the Australian mining giant, led by executive chairman Mrs. Gina Rinehart AO, underscores the continued investment and strategic importance of the Pilbara in the global iron ore market, integrating new production with existing infrastructure at the Roy Hill facility.</p>

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Orvana secures Evelina claims to expand Taguas Project footprint

Orvana Minerals has significantly expanded its influence in Argentina's prospective San Juan Province, increasing the footprint of its Taguas Project by 123% through the acquisition of the 4,015-hectare Evelina claims. This strategic move, valued at $1.2 million (C$1.7 million) from a Pan American Silver subsidiary, consolidates a continuous land package within a highly prospective metallogenic belt, enhancing geological optionality as Orvana advances its understanding of a deep porphyry system at Taguas. The expansion aligns with ongoing intensive exploration efforts, including recent deep drilling that has intersected encouraging porphyry alteration and mineralization.

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Second gold doré bar poured at Pacgold’s White Dam project

<p></p> <p>Pacgold has announced its second gold doré pour, weighing 97oz, from the White Dam Gold Project in South Australia's Olary Province, signaling significant operational ramp-up and cash flow generation. Concurrently, the company is accelerating development plans for the Vertigo prospect, targeting an earlier restart of mining operations by late 2026, supported by extensive drilling and engineering work to expand resources and optimize production pathways. These advancements, coupled with ongoing heap leach pad expansion initiatives, underscore Pacgold's strategic push to enhance output and capitalize on its asset base.</p> <p>

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Legacy Minerals begins geophysical surveys at Mt Carrington in NSW

<p></p> <p>Legacy Minerals has initiated significant ground geophysical surveys at its Mt Carrington Project in New South Wales, Australia, focusing on the Battery and Mascotte prospects. This dipole-dipole induced polarisation (DDIP) survey, conducted by Fender Geophysics, aims to delineate extensions to high-grade gold, silver, and copper mineralisation identified in previous drilling campaigns. The data gathered is critical for refining geological models and designing subsequent targeted drilling programs, advancing the project towards a new 2026 Mineral Resource Estimate and an upcoming scoping study.</p> <p>

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Silverco Mining mobilises contractors at Cusi site in Mexico

Silverco Mining has announced the mobilization of two experienced local contractors, Mafrissa and Rencer, for underground development and production mining activities at its wholly owned Cusi Silver Complex in Chihuahua, Mexico. This critical step marks an important milestone in the mine's restart plan, with first ore from the Promontorio zone expected in late Q3 2026 and initial concentrate production projected for Q4 2026, positioning Silverco to operate two producing silver mines in Mexico by year-end.

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K2 Gold begins drilling campaign at Mojave Project in California

K2 Gold has commenced its 2026 exploration and drilling campaign at the wholly owned Mojave Project in Inyo County, California, marking a significant milestone for the company. Following federal environmental approval, the program plans for a minimum of 5,650 meters of drilling, initially focusing on the high-priority Dragonfly Zone and later extending to the Newmont Zone. This substantial exploration effort, backed by a $9.8 million budget, aims to expand known gold mineralization across a 4-kilometer strike length, signaling a major push in a historic US gold-producing region.

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Trump Administration Keeps Coal-Fired Power Generation Alive in Colorado

U.S. Secretary of Energy Chris Wright has issued an emergency order to keep Craig Unit 1, a coal-fired power plant in Colorado, operational through September 26, 2026, citing critical grid reliability concerns. This marks the third such directive, reversing a planned shutdown and highlighting a broader federal effort under the Trump administration to prevent the premature retirement of coal-fired generation across the nation, aimed at ensuring affordable and secure electricity access. The move underscores significant policy shifts impacting the U.S. energy landscape and the domestic thermal coal mining sector.

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Titan Mining unit wins EUL notices for two US Army sites

Titan Mining, through its subsidiary Empire State Mines, has secured pivotal Conditional Selection Notices from the US Army for Enhanced Use Lease opportunities at Pine Bluff Arsenal, Arkansas, and Anniston Army Depot, Alabama. This groundbreaking agreement marks the first major public-private partnership for critical mineral processing on American military bases, aiming to establish domestic production of purified micronised graphite (PMG) and coated spherical purified graphite (CSPG) to reduce the nation's reliance on foreign supply chains.

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Alliance Nickel starts vat leach test-work at NiWest project

Alliance Nickel has initiated crucial vat leach test-work on a bulk ore sample from its wholly owned NiWest Nickel-Cobalt Project in Western Australia. This strategic move aims to evaluate vat leaching as an alternative to the heap leaching process outlined in the 2024 Definitive Feasibility Study, potentially reducing significant capital expenditure, particularly the A$310 million allocated for water infrastructure, and offering notable metallurgical benefits. The results, expected in the third quarter of 2026, could significantly enhance NiWest's economic viability and development pathway.

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DOE Announces Travis Kavulla as Bonneville Power Administration Administrator

The U.S. Department of Energy (DOE) has announced Travis Kavulla as the new Administrator and CEO of the Bonneville Power Administration (BPA), effective with his swearing-in on June 29, 2026. This appointment signifies a strategic move to bolster energy infrastructure and grid reliability in the vital Pacific Northwest, a region crucial for various energy-intensive industries, including mining. Kavulla’s extensive experience is expected to further BPA’s mission of delivering affordable, reliable, and secure power, directly impacting operational stability and long-term investment prospects for mineral resource development.

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REalloys raises $100M via institutional placement

REalloys, a Euclid, Ohio-based company, has successfully secured $100 million through an institutional share placement, earmarking these funds for the development of its ambitious vertically integrated rare earth magnet supply chain. This strategic capital injection aims to establish domestic industrial independence for critical defense-grade materials, supported by upstream assets like Hoidas Lake and a significant 15-year offtake agreement for heavy rare earth concentrates from Greenland's Tanbreez project. The financing announcement closely precedes reports that REalloys may construct a rare earth separation facility at the Toole Army Depot in Utah, signalling robust US government support for critical mineral reshoring efforts despite a temporary dip in REalloys' stock price following the news.

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American Ocean Minerals finishes first offshore exploration mission in Cook Islands

American Ocean Minerals Corporation (AOMC) has successfully completed Expedition 7 in the Cook Islands, a critical research mission focused on environmental baseline studies and resource refinement for future deep-sea mineral exploration. This significant milestone, which involved comprehensive data collection using the refurbished MV <em>Anuanua Moana</em>, supports the company's ambition to transition polymetallic nodule assets from exploration to potential commercial harvesting. The expedition's findings are central to upcoming environmental impact statements and pre-feasibility studies, reinforcing AOMC's strategic partnership with Odyssey Marine Exploration and its commitment to responsible deep-sea resource development.

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Endurance Gold hits high-grade step-outs at Reliance project

Endurance Gold has reported significant high-grade gold intercepts from its 2026 drill program at the Reliance project in southern British Columbia, with results positioning mineralization outside the current inferred resource for potential future inclusion. These new findings, including 14.7 metres grading 7.67 grams gold per tonne, are crucial as the company progresses towards a Preliminary Economic Assessment this year, signaling a strategic shift from discovery to development at the promising Bridge River camp asset. The exploration success aims to upgrade and expand the existing 1.45 million ounce inferred resource, reinforcing Endurance's growth trajectory in the Canadian gold sector.

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Deutsche Bank cuts Q3 gold price target by 22%

Deutsche Bank has significantly revised its near-term gold price targets, cutting its third-quarter 2026 forecast by 22% to $4,300 per ounce, citing Federal Reserve policy repricing and resilient U.S. economic data. While still projecting price increases above current levels by year-end, the adjustment reflects growing macroeconomic headwinds, impacting market sentiment and strategic planning across the global mining industry.

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Aclara Resources gets environmental OK for Chile rare earths project

Aclara Resources has secured the final environmental approval for its Penco Module rare earths project in Chile, a significant milestone after more than four years of permitting bureaucracy. This development positions Aclara to become a key player in establishing a Western vertical rare earth supply chain, with the project projected to produce 774 tonnes of rare earth oxides annually over 14 years. The company now aims to finalize permitting and begin construction in early 2027, highlighting the broader need for governmental coordination to capitalize on critical minerals demand in Latin America.

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Jindalee Lithium inks stewardship MoU for McDermitt project

<p></p> <p>Jindalee Lithium, through its 100%-owned U.S. subsidiary HiTech Minerals, has signed a Memorandum of Understanding with the nonprofit organization RESOLVE. This agreement aims to explore the establishment of a voluntary Stewardship Area in the broader Oregon-Nevada caldera region, focusing on improved environmental outcomes alongside responsible lithium development at the McDermitt project. The initiative underscores a growing industry trend towards integrating environmental stewardship and community engagement into critical minerals project advancement, especially as Jindalee prepares to spin out its U.S. lithium assets into a new Nasdaq-listed company called US Elemental.</p> <p>

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Generation Mining secures $141m loan for Marathon project

Generation Mining has secured a significant C$200 million ($141 million) debt commitment from the Canada Infrastructure Bank (CIB) for its Marathon Copper-Palladium Project in north-western Ontario. This funding, comprising a C$110 million subordinated debt facility and a C$90 million standby facility, is a crucial component of the project's C$969 million financing plan, underscoring its strategic importance as Canada's first CIB critical minerals investment in Ontario. The project aims to become a key North American producer of copper and palladium, vital metals for the global energy transition, with construction anticipated to commence in the latter half of 2026.

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Anglo Asian Mining appoints Worley for Azerbaijan feasibility studies

Anglo Asian Mining has formally appointed Worley Europe to conduct comprehensive feasibility studies for its Xarxar and Garadag copper deposits in Azerbaijan, aiming for completion by mid-2027 and H1 2028, respectively. This pivotal move signifies Anglo Asian's strategic intent to establish on-site copper metal production through advanced processing methods, marking a significant step towards becoming a mid-tier, multi-asset copper and gold producer and potentially the first such operation in Azerbaijan. The initiative is supported by an extensive 90,000-meter drilling program for 2026-2027, underpinning resource updates and project design.

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Silver Storm secures permits for La Parrilla mine drilling

Silver Storm Mining has recently secured crucial drilling and operational permits from Mexico's federal agency SEMARNAT for its wholly owned La Parrilla Silver Mine Complex in Durango State. These approvals enable an extensive 2026 exploration program targeting resource expansion and upgrades at the C340 and 14 Marcos areas, involving approximately 6,600 meters of surface drilling. Additionally, the company received a ten-year extension for its tailings storage facility, a vital permit ensuring the continued environmental compliance and operational stability of the past-producing asset.

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Barminco secures $192m contract for Barrick’s Fourmile Project

Barminco, the underground mining division of Perenti, has secured a substantial A$275 million (US$192 million) contract to provide comprehensive mining services at Barrick Mining’s wholly-owned Fourmile Project in Nevada, USA. Commencing operations in July 2026 for a 45-month term, the agreement underscores Perenti's strategic expansion in North America's vital hard-rock underground mining market and solidifies Barminco's critical role in advancing a key Barrick gold asset adjacent to the significant Goldrush Project.

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The Department of Energy Applauds FERC’s Action on Large Load Interconnection Reform

The U.S. Department of Energy (DOE) has lauded the Federal Energy Regulatory Commission's (FERC) recent directive, issued on June 18, 2026, compelling the six regional grid operators to reform or justify their interconnection tariffs for data centers and other large energy users. This significant action, initiated at the direction of U.S. Secretary of Energy Chris Wright, aims to accelerate the provision of power essential for American innovation, national security, and economic growth, while safeguarding ratepayers against unjust cost shifts. For the mining industry, a major electricity consumer, these reforms promise swifter project development, more predictable operating costs, and enhanced energy reliability crucial for meeting escalating domestic and global mineral demands.

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Nuclear energy hiring is slowing in North America – but leaders can see where capacity and risk are shifting

<p></p> <p>While North America's nuclear energy sector appears to be experiencing a headline slowdown in overall hiring, detailed workforce analytics reveal a nuanced picture where pure-play nuclear operators are strategically expanding their capacity. Data from June 2025 to May 2026 indicates a shift from broad sector growth to a more focused build-out among companies with significant nuclear exposure, while services and engineering firms are retracting. This targeted expansion, particularly evident in operational and compliance-related roles, holds significant implications for the long-term demand for uranium and the broader mining industry.</p> <p>

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Trump Administration Keeps Indiana Coal Plants Open to Ensure Grid Reliability and Minimize Electricity Costs

The U.S. Department of Energy has issued emergency orders to keep two critical Indiana coal plants, R.M. Schahfer and F.B. Culley generating stations, operational from June 22, 2026, through September 19, 2026. This directive, following initial orders from December 23, 2025, aims to ensure grid reliability, minimize electricity costs, and prevent blackouts in the Midwest, highlighting persistent concerns over escalating energy demand and the rapid retirement of baseload power generation. The decision underscores a broader Trump Administration effort to preserve coal-fired capacity nationally, impacting energy policy, grid stability, and offering a critical, albeit temporary, lifeline to the coal mining sector.

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Goldman cuts gold price forecast down to $4,900

<p></p> <p>Goldman Sachs has significantly revised down its gold price forecast for the end of 2026 to $4,900 per ounce, a $500 reduction from its previous $5,400 target. This adjustment reflects a heightened probability of the US Federal Reserve implementing interest rate hikes rather than cuts, a hawkish shift underscored by new Chair Kevin Warsh's recent policy pronouncements. The revision, coming amidst a substantial decline in gold prices from their January highs, signals a potentially more challenging environment for the non-yielding precious metal, with crucial implications for mining companies and investors navigating increased market volatility.</p> <p>

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Newmont’s Red Chris underground expansion gets regulatory green light

Newmont's Red Chris mine in British Columbia has secured crucial regulatory approvals for its transition from open-pit to underground block caving operations, extending its projected lifespan into the mid-2040s. This significant milestone, achieved through a consent-based process with the Tahltan Nation, paves the way for a final investment decision later this year and underscores the project's substantial economic benefits, job creation, and strategic importance for Newmont's global portfolio and Canada's copper production.

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Op-Ed: what the Scope Systems cyber attack reveals about mining’s digital fragility

The recent ransomware attack on Scope Systems, a key enterprise resource planning (ERP) software provider for the mining sector, has exposed significant digital vulnerabilities across dozens of mostly Australian mining companies. This incident, described as the "broadest-reaching cyber event" for the industry by the Mining and Metals ISAC (MM-ISAC), underscores the escalating threat landscape and the critical risks associated with third-party technology dependencies. It highlights the urgent need for enhanced cybersecurity protocols and greater transparency in an era of rapid digital transformation within mineral extraction.

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Mining’s nuclear reality check: SMRs are still not on miners’ shopping lists

Despite the theoretical alignment of small modular reactors (SMRs) with the power needs of remote, off-grid mining operations, a recent industry survey indicates that mining companies are not prioritizing nuclear technology. While SMRs offer firm, low-carbon electricity, the complexities of licensing, financing, and long-term liabilities currently place them well behind conventional renewables and energy storage on miners’ investment lists. This article explores the current reluctance, the distinct appeal, and broader utility-led initiatives that may eventually bring nuclear power to mining regions.

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Trinity Metals doubles US tungsten concentrate supply to 20%

Rwanda's Trinity Metals has announced a substantial increase in its tungsten concentrate exports to the United States, now accounting for up to 20% of America's primary tungsten consumption. This strategic uplift, driven by a 2025 agreement with Global Tungsten & Powders and an offtake partner Traxys, underscores a growing industry shift towards diversified, traceable supply chains for critical minerals, particularly as demand for defense and industrial applications rises and global supply dynamics evolve.

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The future of bioleaching in mining

Bioleaching, a method utilizing microorganisms to extract metals, is rapidly gaining prominence as the mining industry grapples with declining ore grades, escalating demand for critical minerals, and intense pressure to decarbonize. Advances in molecular biology, coupled with strategic integration into existing mining flowsheets, are expanding its application beyond traditional copper and gold, particularly towards the economic recovery of valuable metals from complex waste streams. This re-emergence positions bioleaching as a critical technology for enhancing supply chain security and mitigating environmental liabilities in the evolving global mining landscape.

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Star Gold secures BLM approval for Longstreet drilling

Star Gold has secured crucial approval from the US Bureau of Land Management (BLM) for exploration, geotechnical testing, and water well drilling at its Longstreet gold and silver project in Nevada’s prolific Walker Lane Belt. This enables the company to simultaneously advance resource definition and gather essential engineering data for future heap leach pad design, marking a significant step toward developing the 2,600-acre open-pit project and its eventual operational permitting. The methodical program reflects Star Gold’s value-focused development strategy for its shareholders.

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Ucore, SCOA sign deal for North American rare earth supply chain

Ucore Rare Metals and Sumitomo Corporation of Americas (SCOA) have formalized a strategic cooperation to build a diversified rare earth supply chain for North America and allied markets. Signed on June 10, 2026, the agreement focuses on sourcing feedstock for Ucore's Louisiana Strategic Metals Complex and establishing downstream offtake for critical middle and heavy rare earth elements essential for advanced industrial applications. This collaboration leverages Ucore's RapidSX technology with SCOA's global logistics and market access, aiming to bolster regional rare earth independence.

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Great Southern Copper begins scout drilling at Artemisa South in Chile

Great Southern Copper has initiated scout reverse circulation (RC) drilling at its Artemisa South copper-gold target in Chile, marking the final stage of an advanced porphyry exploration program within its Especularita Project. This drilling aims to assess mineralization beneath historic workings in a region known for significant copper deposits. The move follows promising initial results from the nearby Victoria prospect, where previous drilling indicated a large-scale porphyry copper-type alteration system.

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Westar receives government funding for Bunda Creek survey

<p></p> <p>Westar Resources has secured a substantial A$55,689 grant from the Northern Territory Government to conduct a high-resolution aeromagnetic survey at its Bunda Creek Project in Australia's frontier Birrindudu Basin. This funding, awarded through the competitive Geophysics and Drilling Collaborations programme, aims to facilitate the identification of sediment-hosted copper and other base metal deposits across approximately 569km² of unexplored terrain, with the potential to extend coverage to 1,200km² by integrating with previous data.</p> <p>

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Energy Department Delivers $1.6 Billion Loan to Lower Energy Costs for Michiganders

The U.S. Department of Energy, through its Office of Energy Dominance Financing, has finalized a significant $1.6 billion loan to DTE Gas Company, aiming to substantially reduce electricity costs and modernize natural gas infrastructure across Michigan. This initiative, announced on June 15, 2026, is projected to deliver over $700 million in cost savings to millions of customers by upgrading 800 miles of distribution lines and rebuilding a crucial compressor station. For the mining industry, this development signals a commitment to affordable and reliable energy, directly impacting operational costs, supply chain stability, and the broader investment climate for energy-intensive mining operations in the region and beyond.

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From camera clarity to collision avoidance: What ‘AI in mining’ actually looks like in 2026

<p></p> <p>In 2026, Artificial Intelligence (AI) in mining is shifting from theoretical concepts towards immediate, practical applications in mine safety, particularly within challenging underground environments. This article delves into how AI, starting with foundational technologies like self-cleaning camera systems from ExcelSense, is enhancing operational visibility, refining proximity detection, and supporting advanced collision-risk management. By integrating diverse sensor data and reducing nuisance alarms, AI-enabled systems are empowering human operators with more accurate, reliable, and timely information to prevent vehicle-to-person and vehicle-to-vehicle incidents, marking a significant advancement in industry safety protocols.</p> <p>

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Fortuna secures environmental approval for Diamba Sud mine

Fortuna Mining has secured a crucial environmental decree for its Diamba Sud Gold Project in Senegal, marking a significant step forward for the development of the 724,000-ounce indicated resource. This approval, granted by Senegal’s Ministry of Environment and Ecological Transition, validates the project’s Environmental and Social Impact Assessment and underscores the strong commitment from the Senegalese government to responsible mining. With this key regulatory hurdle cleared, Fortuna is advancing early construction works and plans to finalize its feasibility study and make a final construction decision by mid-2026, positioning Diamba Sud as a potential new gold producer in the prolific Kenieba-Koudougou Inlier.

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LKAB receives permit for expanded mining at Malmberget

Swedish state-owned mining giant LKAB has secured a pivotal permit from the country's Land and Environmental Court, allowing for the comprehensive expansion of mining and processing operations at its historic 135-year-old Malmberget site in Gällivare. This critical approval not only covers existing extraction but also facilitates significant growth initiatives, including the establishment of a demonstration plant for fossil-free sponge iron and a new facility for apatite processing slated to yield vital phosphorus and rare earth elements for European industries. The decision is set to bolster LKAB's long-term operational viability, enhance Sweden's position in critical raw material supply chains, and contribute significantly to global decarbonization efforts.

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United States, Cyprus, Greece, Israel and Rice University To Establish Eastern Mediterranean Energy Center in Houston

On June 11, 2026, the United States, Cyprus, Greece, Israel, and Rice University formally committed to establishing the Eastern Mediterranean Energy Center (EMEC) in Houston, Texas. This initiative aims to bolster energy security, foster innovation, and enhance economic growth within the Eastern Mediterranean by facilitating collaboration on natural gas development, LNG infrastructure, and emerging energy technologies, leveraging Houston's status as a global energy hub. The center reinforces U.S. strategic partnerships and expands opportunities for American energy investment in an increasingly vital energy region.

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Energy Secretary Secures Carolinas' Grid Ahead of Period of Hot Weather

<p></p> <p>In a significant move to avert potential blackouts, the U.S. Department of Energy on June 11, 2026, issued an emergency order authorizing Duke Energy to operate generating units in the Carolinas at maximum capacity. This directive, granted under Section 202(c) of the Federal Power Act, explicitly overrides existing air quality and other environmental permit limitations for a critical 30-hour period. The action underscores heightened concerns over grid reliability and signals a federal prioritization of energy security, with substantial implications for the power-intensive mining sector.</p> <p>

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Drilling begins at Legacy Minerals’ Emu copper-gold site

Legacy Minerals has commenced a significant diamond drilling program at its Emu Copper-Gold Prospect, part of the Mt Carrington Project in northern New South Wales, Australia. This marks the first modern exploration drill test in 50 years at a compelling porphyry-epithermal target identified through recent geophysical surveys. The program, spanning up to eight drill-holes for a total of 4,000 meters, aims to unlock substantial copper-gold potential within a highly prospective regional caldera-margin trend.

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Codelco, CEA-Liten sign deal to electrify mining equipment

Codelco, the world's largest copper producer, has formalized a one-year agreement with French research institute CEA-Liten to accelerate the electrification of underground mining equipment. This collaboration, supported by the Chilean state company and the French FASEP fund, targets advanced simulations, rigorous lithium battery testing, and techno-economic analyses to drive decarbonization and enhance worker safety. The initiative underscores a growing industry commitment to sustainable mining practices and technological innovation.

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Queensland approval overhaul puts permitting in focus ahead of IMARC

<p></p> <p>The Queensland Government has introduced significant reforms to its State Development and Public Works Organisation Act 1971, aiming to accelerate critical minerals projects by streamlining approvals and coordinating essential infrastructure. These changes, enacted on June 2, 2026, are seen by industry leaders like the Queensland Resources Council (QRC) and the Association of Mining and Exploration Companies (AMEC) as crucial steps to boost investment and capitalize on the growing global demand for critical minerals. The efficacy of these new frameworks, along with broader discussions on permitting and investment certainty, is set to be a key agenda item at the International Mining and Resources Conference (IMARC) 2026 in Sydney this October.</p> <p>

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Larvotto signs deal to acquire 100% of Hammer Metals

Larvotto Resources has announced a binding scheme implementation deed to acquire 100% of Hammer Metals, a strategic move set to create a diversified critical minerals and precious metals company in Australia. The acquisition, valued at approximately A$54 million, will merge Larvotto’s Hillgrove Antimony-Gold Project in New South Wales with Hammer’s significant Mt Isa copper and critical minerals portfolio in Queensland, establishing a combined copper-equivalent resource of around 530,000 tonnes in the Mt Isa district alone. This consolidation is further bolstered by a A$15 million strategic investment from Glencore, underscoring the potential for rapid development and production commencement at the Hillgrove project by August 2026.

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Metso invests in new mineralogy analysis equipment in Finland

Metso has significantly bolstered its research capabilities with the installation of a TESCAN TIMA automated mineralogy analyser at its Research Centre in Pori, Finland. Announced on June 12, 2026, this strategic investment aims to provide mining customers with faster and more comprehensive mineralogical data, crucial for optimizing mineral processing, hydrometallurgy, and pyrometallurgy operations. The advanced system, combining high-resolution field-emission scanning electron microscopy with multi-detector elemental analysis, underscores Metso's commitment to innovation, risk reduction, and improved resource efficiency across the global mining sector.

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Orion CMC considers acquiring stake in French miner Eramet

Orion Critical Mineral Consortium (Orion CMC), a US and Abu Dhabi-backed entity, is reportedly evaluating the acquisition of a 37% stake in the French mining company Eramet from the Duval family. This potential move, occurring amid intense competition for critical minerals vital to the energy transition, would position Orion CMC as a significant shareholder alongside the French Government and aims to bolster Western mineral supply chains. The consideration comes as Eramet grapples with financial challenges and internal governance issues.

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Mining lubrication technology: The critical role it plays in autonomous mining safety

The rapid global adoption of autonomous haul trucks, with an 84% increase between July 2024 and July 2025 according to GlobalData, is revolutionizing mine safety and productivity. This surge in continuous, around-the-clock operations places unprecedented demands on equipment, making advanced lubrication technology and smarter oil management indispensable for ensuring reliability, extending service intervals, and maintaining the integrity of these high-utilization fleets. The integration of cutting-edge lubricants and proactive monitoring systems is proving critical for sustaining the safety benefits and operational efficiencies promised by automation.

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BHP, BOTON sign agreement for mining conveyor systems

BHP, a global mining giant, has formalized a strategic global framework agreement with Wuxi BOTON Technology, a Chinese leader in conveyor systems. Signed in May 2026, this collaboration extends beyond traditional product supply to focus on jointly developing advanced automation technologies for conveyor operations, enhancing sustainability through supply chain carbon footprint monitoring, and bolstering global service support. This partnership aims to improve productivity, reduce environmental impact, and advance the safety and efficiency of mining operations worldwide, leveraging innovations like AI-based belt alignment and robotic inspection tools.

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FACT SHEET: The Energy Department is Unleashing Beautiful, Clean Coal

The U.S. Energy Department, under the Trump Administration, announced on June 4, 2026, a significant expansion of its efforts to support and revitalize the American coal industry. This initiative, highlighted by a commitment to save or support an additional 17 coal plants and one export facility, builds on previous actions that have already impacted 45 coal plants and more than 40 gigawatts of coal power, aiming to enhance grid reliability, national security, and support American coal workers. The comprehensive strategy includes substantial investments in building, modernizing, and recommissioning coal-fired power plants, alongside bolstering domestic coal supply chains through Defense Production Act funding, with a claimed total of $50 billion in saved generation costs and the likely continued operation of at least 42 coal mines.

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Fulcrum EnviroTech, TDI sign deal on mine waste pilot plant

Fulcrum EnviroTech, a subsidiary of Fulcrum Metals, has partnered with Test Design Implement Solutions (TDI) to establish a pilot plant in Ontario, Canada, focused on recovering precious and critical metals from historic mine waste using innovative cyanide-free technology. This initiative, supported by Extrakt Process Solutions and Bechtel Energy Technologies & Solutions, represents a significant step towards commercializing sustainable value extraction from legacy mining sites, beginning with material from Fulcrum’s Teck-Hughes project. The 2.4-tonnes-per-day facility aims to gather crucial operational and metallurgical data, paving the way for broader application across Ontario’s resource-rich regions.

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Austin Metals starts RC drilling at gold project in WA

Austin Metals has initiated a significant 4,000m reverse circulation (RC) drilling campaign at its 111km² Austin Gold Project in Western Australia's Murchison region. Commencing in June 2026, the program targets high-priority gold prospects within the Northern Zone, specifically focusing on the Brunswick Hill and Mt Sandy areas, seeking to delineate and extend mineralisation in BIF-hosted and shear-related gold systems. The results, expected within four to six weeks post-drilling, are crucial for updating geological models and guiding future exploration efforts at this emerging regional gold play.

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Energy Department Releases Finalized Fusion Science and Technology Roadmap to Accelerate Commercial Fusion Power

The U.S. Department of Energy (DOE) officially released its finalized Fusion Science and Technology (FS&T) Roadmap on June 9, 2026, outlining a comprehensive national strategy to accelerate the commercialization of fusion energy by the mid-2030s. This initiative, built on extensive public-private collaboration, aims to establish U.S. leadership in fusion by focusing on infrastructure, advanced research, and ecosystem development, with profound implications for critical mineral supply chains and broader energy transition goals within the mining industry.

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Larvotto signs seven-year Hillgrove gold offtake deal with Glencore

Larvotto Resources has secured a significant seven-year binding offtake agreement with Glencore for gold concentrate from its Hillgrove Antimony-Gold Project in New South Wales, Australia. This deal, covering approximately 15,000 dry tonnes per annum of concentrate, is structured on a mine-gate basis, with Glencore managing logistics. Scheduled for commissioning in August 2026, the project has now fully de-risked its primary revenue streams, following an earlier antimony offtake with Wogen Resources, providing crucial certainty for its transition into operations.

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Trilogy Metals launches 2026 Upper Kobuk fieldwork in Alaska

Trilogy Metals has initiated its robust 2026 summer field program at the Upper Kobuk Mineral Projects (UKMP) in Alaska, a crucial step towards advancing the Arctic copper-zinc-lead-gold-silver project while preparing the Bornite copper-cobalt deposit for future development. Managed by the Ambler Metals 50-50 joint venture with South32, the fully funded program features extensive drilling focused on mine design, environmental data, and exploration, aiming to propel the district towards a potential construction decision amid favorable permitting momentum.

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ABTC wins back $115m DoE grant for Tonopah Lithium refinery

<p></p> <p>The American Battery Technology Company (ABTC) has successfully secured the reinstatement of a substantial $115 million grant from the U.S. Department of Energy (DoE), earmarked for the first phase of its commercial-scale lithium refinery at the Tonopah Flats Lithium Project in Nevada. This critical funding, initially terminated in October 2025, was restored following a successful appeal and rigorous review process, underscoring continued federal commitment to developing domestic battery-grade lithium production from claystone resources. The refinery is designed to produce 5,000 tonnes per annum of battery-grade lithium hydroxide, a cornerstone material for the burgeoning electric vehicle and energy storage sectors.</p> <p>

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Scorpio Gold drills 1.27g/t gold over 45.23m at Goldwedge target

Scorpio Gold has announced encouraging assay results from its Phase Two diamond drilling program at the Manhattan District Project in Nevada, highlighted by an intercept of 1.27 grams per tonne (g/t) gold over 45.23 meters in hole 26MN-086 at the Goldwedge target. These results, part of a broader 92-hole, 25,919-meter program, signal potential for significant volcanic-hosted gold mineralization beyond current resource estimates, drawing comparisons to large-scale systems like the nearby Round Mountain. The ongoing exploration, including a review of historic core, aims to define new mineralized zones and expand the project's economic viability in one of the world's premier gold mining jurisdictions.

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Eldorado produces first copper concentrate at Canada’s McIlvenna Bay

Eldorado Gold has announced the successful production of its first copper concentrate from the McIlvenna Bay Project in east-central Saskatchewan, Canada, marking a significant step towards commercial production expected in Q3 2026. This development expands the company's Canadian footprint and diversifies its revenue base with critical copper and zinc production, alongside its established gold operations. With a nameplate capacity target of 4,900 tonnes per day, the project underscores Canada's role in advancing essential mineral assets and positions Eldorado Gold as a more resilient, multi-commodity producer.

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Energy Department to Invest $350 Million to Build, Modernize, and Restart Coal Plants

The U.S. Department of Energy (DOE) announced on June 4, 2026, the allocation of $350 million across four coal modernization and reliability projects, part of a larger $525 million initiative. These projects, located in Alaska, West Virginia, Puerto Rico, and Maryland, are projected to add or preserve approximately 3,565 megawatts (MW) of coal-fired generation capacity. This federal investment aims to strengthen baseload power generation, enhance grid reliability, and support the domestic coal industry, aligning with the administration's focus on energy security and affordability.

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Silver X secures full ownership of Ccasahuasi gold project in Peru

Silver X Mining has secured full ownership of the Ccasahuasi gold project in central Peru by acquiring the Lily 19 mining concession from Barrick Mining for $30,000, alongside an NSR royalty. This strategic acquisition adds an inferred mineral resource of 42,303 ounces of gold to Silver X’s portfolio, located just one kilometer from its producing Tangana mine, presenting significant operational synergies and exploration upside. The project, identified through limited drilling, remains open at depth and along strike, prompting plans for a comprehensive follow-up drilling program.

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Energy Department to Use Defense Production Act Funding to Expand Coal Capacity at 13 Plants and Build Export Infrastructure

The U.S. Department of Energy announced on June 4, 2026, a significant investment of up to $500 million in Defense Production Act (DPA) Title III funds to bolster domestic coal infrastructure. This funding includes $425 million for 12 American coal-fired power plants to enhance baseload power generation and an additional $75 million for the West Gateway Terminal Project in Oakland, California, aimed at expanding West Coast coal and bulk commodity export capacity to key Indo-Pacific allies. This strategic move underscores the administration's commitment to national security, strengthening energy supply chains, and reinforcing America's role in global energy exports.

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CRU to lead study on future of Queensland copper industry

The UK-based business consultancy CRU has been chosen to lead a joint Commonwealth-Queensland government study focusing on the future of north-west Queensland's copper industry. This critical initiative, announced on June 5, 2026, aims to assess the region's entire copper value chain, from mining in the North West Minerals Province to smelting and refining, and identify long-term opportunities for sustainable industrial growth beyond current government support. The findings, expected by late 2026, are set to shape strategic pathways to enhance the region's industrial capability, resilience, and global competitiveness in the vital copper market.

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DoE turns to coal for baseload reliability and supply chain resilience

<p></p> <p>The U.S. Department of Energy (DoE) announced on June 5, 2026, a significant federal investment of up to $500 million in Defense Production Act funding aimed at fortifying the nation's coal infrastructure. This strategic funding package will support 13 U.S. coal-fired power plants and establish new coal export capabilities, including the crucial West Gateway Terminal Project in Oakland, California. The initiative signals a notable pivot in federal policy, underscoring coal's renewed importance for ensuring baseload reliability, strengthening domestic supply chains, and enhancing strategic energy leverage in global markets, particularly for key Indo-Pacific allies.</p> <p>

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REalloys signs LoI with Patriot for US rare earth supply

REalloys and Patriot Exploration & Mining have signed a non-binding Letter of Intent (LoI) to establish a domestic US rare earth supply chain. This agreement grants REalloys priority access to up to 30% of rare earth products from Patriot's extensive above-ground resources, which span over 150 sites across the Appalachian Basin and contain more than 40 US-classified critical minerals. The collaboration aims to strengthen US national security and industrial interests by providing a reliable, fully domestic feedstock source for REalloys' critical minerals processing, refining, and metallisation facilities ahead of new procurement restrictions in January 2027.

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Highland Copper targets Q1 2027 feasibility update for Copperwood

Highland Copper is advancing detailed engineering and optimization studies at its Copperwood project in Michigan, US, aiming to release an updated feasibility study in the first quarter of 2027. This comprehensive review includes evaluating lower cut-off grades, incorporating bulk ore sorting technologies for previously excluded resources, and refining metallurgical processes and tailings management, all designed to enhance project economics and secure financing in a robust copper market. The efforts are crucial as the project progresses towards a significant construction decision, positioning it as a potential key contributor to near-term US copper supply.

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