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Copper Mining News

56 articles about copper mining

Cove Kaz, Skyline sign merger agreement

Cove Kaz Capital Group and Skyline Builders Group have signed a definitive merger agreement, anticipating the formation of Kaz Resources, a Nasdaq-listed entity under the ticker ‘KAZR’. This strategic consolidation aims to establish a global leader in critical minerals, particularly tungsten and rare earths, destined for the US defense and industrial sectors. The merger, which includes the significant acquisition of Kaz Critical Minerals' 15 licenses in Kazakhstan, is strategically poised to leverage substantial US government financial backing for its advanced exploration and late-stage projects.

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Energy Department Issues RFP to Continue Swift Execution of President Trump’s 172-Million-Barrel Strategic Petroleum Reserve Exchange

The U.S. Department of Energy (DOE) issued a new Request for Proposal (RFP) on April 30, 2026, for an emergency exchange of up to 92.5 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). This action is a continuation of President Trump’s 172-million-barrel release, part of a larger 400-million-barrel coordinated effort by International Energy Agency (IEA) member nations aimed at stabilizing global oil supplies. The initiative leverages the SPR’s exchange authority to provide immediate market relief while growing the reserve through premium barrel returns from participating companies.

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Kodiak, Teck sign LoI to establish new copper exploration company

Kodiak Copper and Teck Resources have signed a Letter of Intent (LoI) with Kay Copper to establish a new US-focused copper exploration company, slated for a TSX Venture Exchange listing. This strategic partnership involves transferring Kodiak's Mohave project and Teck's Copper Hill project, both located in Arizona, into a subsidiary of Kay Copper. The collaboration aims to advance these promising porphyry copper assets amidst growing global demand for the critical metal.

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Secretary Wright Signs Agreements To Grow American LNG Exports, Advances 'Trump Peace Pipelines Framework'

U.S. Secretary of Energy Chris Wright recently announced a series of significant agreements at the Three Seas Initiative (3SI) Summit in Dubrovnik, Croatia, signaling a substantial increase in American energy influence across Central and Eastern Europe. These deals, valued at billions of dollars in private capital, are set to bolster the region's energy security through expanded U.S. liquified natural gas (LNG) imports, new natural gas infrastructure, and advancements in civil nuclear cooperation, including the deployment of U.S. small modular reactor (SMR) technology. The initiatives are anchored by the formal launch of the "Trump Peace Pipelines Framework," aiming to solidify the U.S. as a premier energy partner and create significant demand across the mining and construction sectors.

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EVelution Energy and Mitsui sign $850m cobalt supply deal

EVelution Energy has secured a significant $850 million, five-year cobalt offtake agreement with Japanese trading giant Mitsui, announced on April 29, 2026. This landmark deal will see Mitsui receive the majority of cobalt output from EVelution Energy’s new Arizona processing facility, set to become the first commercial-scale cobalt metal and cobalt sulphate plant in the United States. The agreement underscores a concerted effort by the US and Japan to diversify critical mineral supply chains, enhance domestic refining capabilities, and mitigate strategic dependence on non-allied nations for essential materials like cobalt.

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Neotech signs agreement for Torrance Project acquisition

Neotech Metals has significantly expanded its footprint in Ontario's critical minerals landscape by acquiring the Torrance Project from Kenorland Minerals. This strategic move, announced on April 29, 2026, secures a 100% interest in 580 mining claims covering 12,270 hectares, positioning Neotech to explore for niobium, tantalum, and rare earth elements within the geologically promising Kapuskasing Structural Zone, proximate to its existing Hecla-Kilmer Project. The C$5 million deal, involving 1,000,000 Neotech shares and a drilling commitment, underscores the growing industry focus on securing domestic supply chains for vital technology metals.

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McCarthy, Fasken Martineau lead M&A legal advice in mining for Q1 2026

<p></p> <p>In a strong start to the year for the mining sector, McCarthy Tetrault and Fasken Martineau DuMoulin emerged as the leading legal advisors for mergers and acquisitions (M&A) during the first quarter of 2026. McCarthy Tetrault secured the top position by deal value, advising on transactions totaling an impressive $7.3 billion, while Fasken Martineau DuMoulin led by deal volume, handling seven distinct transactions. This robust activity, highlighted by a league table from data analytics company GlobalData, signals a buoyant M&A environment and continued strategic reshuffling within the global metals and mining industry.</p> <p>

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Confined Space Rescue Training for Safer Underground Mining

Underground mining presents inherently hazardous conditions within confined spaces, necessitating rigorous rescue training and robust regulatory compliance. This article, published on April 27, 2026, explores the global frameworks, detailed training components, and essential equipment required to safeguard workers and ensure effective emergency response in these challenging environments. It highlights the critical role of systematic preparedness and technological integration in meeting the evolving safety demands of the modern mining industry.

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BMO Capital Markets leads M&A financial advice in mining for Q1 2026

<p></p> <p>BMO Capital Markets has secured the leading position as the top financial advisor for mergers and acquisitions (M&A) in the global metals and mining sector during the first quarter of 2026. According to a comprehensive league table compiled by data analytics company GlobalData, the North American investment bank topped both deal value, advising on transactions totaling $8.7 billion across five deals, and deal volume. This achievement represents a significant leap from its Q1 2025 performance, underscoring its growing influence and strategic involvement in major sector transactions, including two billion-dollar deals that propelled it to the top.</p> <p>

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Mariana and Sandvik to launch autonomous drilling in Utah

Mariana Minerals and Sandvik have forged a significant partnership to deploy autonomous drilling technology at Mariana’s Copper One mine in south-eastern Utah, US. This collaboration integrates Sandvik’s AutoMine Surface Drilling platform directly into MarianaOS, Mariana’s proprietary software, creating a unified, data-driven system designed to enhance operational efficiency, safety, and inform superior downstream decision-making. The initiative represents a pivotal step towards a fully autonomous mining operation, strategically bolstering domestic copper production amidst rising US demand.

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Vizsla Silver advances Panuco project with new contract awards

Vizsla Silver's Panuco silver-gold project in Sinaloa, Mexico, is rapidly accelerating towards commercial production following the award of significant engineering, procurement, and construction management (EPCM) and mine design contracts. The company has engaged M3 Engineering & Technology and Mining Plus, respectively, for these crucial roles, underscoring a strategic push complemented by a recent $220 million project finance mandate from Macquarie Bank. These developments mark a pivotal advancement for the high-grade project, outlining a clear path through detailed planning, pre-production development, and eventual commissioning.

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Luanshya Mine to restart production in August 2026

Zambia's Luanshya Copper Mine is slated to restart production at its upper section in August 2026, marking a significant milestone in revitalizing the nation's mining sector. Acquired by China Nonferrous Mining Corporation (CNMC) in 2009, the mine is targeted to produce approximately 100,000 tonnes per annum of copper by 2030, supported by a substantial $710 million investment in infrastructure and shaft redevelopment. This phased recommissioning, beginning with the upper section and extending to the lower section by 2029, is expected to generate 3,000 jobs and bolster Zambia's position in the global copper market.

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Leviathan completes Central Project EM survey with 300m line spacing

Leviathan Metals has successfully completed a high-resolution helicopter-borne electromagnetic (EM) survey at its fully owned Central Project within Botswana’s prolific Kalahari Copper Belt. This crucial initial exploration phase covered over 20 kilometers of the geologically significant D’Kar-Ngwako Pan Formation contact, identifying conductive markers indicative of potential sediment-hosted stratiform copper mineralization. The project's strategic location, immediately south of MMG’s substantial Khoemacau deposits, positions Leviathan for an aggressive 2026 drilling campaign as it seeks to delineate new copper resources in a globally significant mining region.

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Fortescue commits $680m to Pilbara green energy expansion

Fortescue, a leading Australian mining company, has declared a substantial A$952.44 million (US$680 million) investment in its Pilbara Green Energy Project. This initiative aims to establish a 200MW integrated off-grid renewable energy system in Western Australia, specifically designed to meet burgeoning industrial demand, including from data centers, and further advance the company's ambitious decarbonization goals beyond its Real Zero by 2030 targets. The project, slated for completion by 2028, signifies a critical step towards energy independence and a blueprint for sustainable heavy industry operations.

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Pantoro partners with Mega Resources on Rama pit in WA

Pantoro Gold has forged a strategic partnership with Mega Resources and Bain Global Resources for the Rama Open Pit project in Western Australia's Forrestania region. Pantoro plans to advance up to A$20 million to Mega for Stage Two mining, securing high-grade gold ore (approximately 115,000 tonnes at 4.7 g/t gold) for its Norseman processing facility. This collaboration promises to unlock a previously stranded asset, generate robust margins for Pantoro, and provides an exclusive option for Pantoro to develop a potential underground operation, signaling a significant move to enhance its gold production profile.

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Middle East conflict triggers aluminium supply concerns

The global aluminium market is facing unprecedented supply disruptions due to escalating Middle East geopolitical tensions, with Mercuria predicting a minimum 2 million tonne shortfall by year-end. This "black swan" event has catapulted LME aluminium prices to a four-year peak, significantly impacting industries reliant on the metal such as transport, construction, and packaging. With major consuming regions like the US and Europe heavily dependent on Middle Eastern imports and global stocks at critically low levels, the industry faces severe challenges without readily available alternative supply or production capacity.

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New episode: Earth Day – electric vehicles across power, oil and gas and mining

On April 21, 2026, the <em>Energy Technology</em> podcast released a special Earth Day episode delving into the implications of electric vehicle (EV) adoption across the power, oil and gas, and mining sectors. Featuring insights from industry editors, the discussion covered the evolving EV market landscape, associated infrastructure demands, emerging battery technologies, and the significant shift in mineral demand, underscoring the critical role mining plays in the global energy transition.

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Chile targets faster permits to unlock $100B pipeline

Chile is aggressively moving to streamline its mining permit approval process, aiming to unlock over $100 billion in investment and revitalize its pivotal copper sector. This initiative, spearheaded by Economy and Mining Minister Daniel Mas, seeks to reduce processing times by 30% for approximately 200 procedures without compromising environmental standards, fostering legal certainty and attracting significant capital to key projects across copper and lithium.

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Banyan Gold hits new high on $34M capital raise

Banyan Gold, a Vancouver-based gold explorer, recently secured C$46.5 million ($34 million) through a strategic capital raise, propelling its stock to an all-time high. The significant financing is earmarked for advanced exploration at its flagship AurMac property in Canada's Yukon Territory, where the company has defined substantial indicated and inferred gold resources totaling over 7.7 million ounces. This development signifies strong investor confidence in Banyan Gold's project potential and Canada's role as a premier jurisdiction for gold exploration.

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Copper price within sight of all-time high as Chinese smelters hit record activity

Copper prices are rapidly approaching an all-time high, driven significantly by a substantial resurgence in Chinese smelter activity. Satellite data from Earth-i reveals a dramatic increase in operational capacity across China, while global concentrate supply faces unprecedented tightening due to geopolitical conflicts and strategic shifts in major mining nations, pushing treatment and refining charges into negative territory for the first time on record. This dynamic environment offers both opportunities and significant challenges for global mining companies and investors.

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Mogotes signs agreement with Kennecott for Montana site

Mogotes Metals has secured an option-to-joint-venture agreement with Kennecott Exploration Company, a Rio Tinto subsidiary, for the Copper Cliff Project in Montana, US. This strategic partnership enables Mogotes to invest up to $56 million over six years to earn a 60% interest in the gold-copper porphyry asset, leveraging Kennecott's extensive historical exploration data from the property. The agreement signifies a significant revitalization effort for a historically productive mining district and underscores the growing industry interest in North American critical minerals.

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Northern Lithium wins funding for development plans

Northern Lithium, a crucial player in the UK's emerging critical minerals sector, has secured £600,000 in UK Government funding alongside £5 million in equity investments to accelerate its 2026 development plans. This capital infusion will support a vital front-end engineering design (FEED) feasibility study for a commercial-scale lithium-from-brines plant at Ludwell Farm, County Durham, with commercial production targeted for 2028. The initiative aims to significantly bolster the UK's domestic lithium supply, reduce its 100% import dependency, and contribute to its ambitious net-zero and electric vehicle manufacturing goals.

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USA Rare Earth produces initial yttrium metal

USA Rare Earth, through its UK-based subsidiary Less Common Metals (LCM), has announced the commercial production of 99-99.5% pure yttrium metal at its facility in Cheshire. This achievement positions the company as one of the few non-Chinese producers of this critical rare earth metal, which is essential for high-performance applications in aerospace, defense, electronics, and energy systems. The development is a significant step in USA Rare Earth’s strategy to build an integrated, Western-aligned rare earth supply chain from mining to magnet manufacturing, reinforcing national security and technological independence.

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MMD to acquire TraxIQ rights from Anglo American

<p></p> <p>In a significant development for the global mining technology sector, UK-based MMD Group has announced its acquisition of the intellectual property rights for TraxIQ from Anglo American. This strategic move, reported on April 16, 2026, positions MMD to industrialize, commercialize, and deploy TraxIQ, a comprehensive and scalable material handling solution featuring modular vehicle structures, advanced energy management, and autonomous control systems. The acquisition underscores the mining industry’s increasing focus on innovation to enhance productivity, reduce emissions, and lower operational costs amidst rising demand for critical minerals.</p> <p>

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Turner Mining Group secures $150m to expand operations

Turner Mining Group has secured a significant equipment financing partnership with Wingspire Equipment Finance, establishing a capital facility of up to $150 million. This strategic funding, initiated with an immediate $20 million draw, is earmarked for the substantial expansion of Turner's mobile mining fleet, directly supporting new projects and accelerating growth across North America. The flexible capital structure is designed to empower rapid operational scaling, allowing the company to promptly meet increasing client demands within the thriving mining and natural resources sectors.

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SAGA Metals to acquire Wolverine REE project in Canada

SAGA Metals has strategically expanded its critical minerals portfolio by agreeing to acquire Catalyst Rare Metals, gaining full ownership of the royalty-free Wolverine rare earth element (REE) project in Canada. This acquisition, announced on April 15, 2026, positions SAGA to develop a high-potential heavy rare earth asset in a Tier-1 jurisdiction, directly supporting North American supply security for the clean-energy transition and defense industries. The Wolverine project, covering 230.5 km² in Labrador, has shown promising near-surface REE mineralization with significant heavy rare earth enrichment, driving SAGA's plans for a 2026 exploration program aimed at a maiden NI 43-101 compliant resource estimate.

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Robotic smelting: how automation is reshaping aluminium production

The global aluminium industry is witnessing a significant pivot towards advanced robotics and automation, driven by escalating demand, tightening supply chains, and the inherent hazards of traditional smelting operations. This strategic shift aims to enhance safety, improve operational consistency, and build resilience against disruptions, with key players like AlumatIQ and Autoa Robot Welding spearheading innovative solutions for the notoriously dangerous potroom environment. Market forecasts indicate substantial growth in the smelt robot sector, underlining the industry's commitment to leveraging technology for a more efficient and secure future.

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Red Mountain to restart US antimony exploration activities

Red Mountain Mining is relaunching antimony exploration across its US projects, including Thompson Falls in Montana-Idaho and Yellow Pine and Silver Dollar in Idaho, capitalizing on favorable weather conditions. This strategic move aims to define significant antimony resources, with initial rock chip analysis from Thompson Falls showing up to 36.5% antimony, and is supported by new advisory appointments and expedited environmental approvals. The initiative aligns with US government efforts to secure domestic critical mineral supplies, particularly antimony, reducing reliance on foreign sources.

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Venezuela’s National Assembly ‌approves mining law

Venezuela’s National Assembly has unanimously approved a comprehensive new mining law, a 131-article bill championed by Acting President Delcy Rodríguez, aimed at attracting foreign investment, particularly from the United States. This legislation replaces a nearly 30-year-old system, introducing a more flexible tax structure, extended concession periods, and crucial access to international arbitration for disputes, signaling a concerted effort to revitalize the nation's strategic mineral sector, including gold and bauxite. The reform seeks to balance state control over resources with enhanced legal assurances for international investors, marking a significant policy shift after decades of state-centric policies and past nationalization events.

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Infographic: Latin America’s top miners may surprise

Infographic: Latin America’s top miners may surprise Henry Lazenby | April 10, 2026 | 8:03 am Intelligence Markets Suppliers & Equipment Top Companies Latin America Copper Iron Ore Lithium Rare Earth Specialty Minerals Latin America’s most mining-dependent countries are not always its biggest economies. Our latest infographic ranks the region first by mining’s share of total exports and then by the value of those exports. The comparison shows where metals matter most to trade and where scale still rules, from copper giants Chile and Peru to smaller producers whose economies lean far more heavily on mining. 2026 is shaping to be a key year for Latin America, with resources at the centre of a growing global power struggle, as governments and investors focus on who controls critical minerals and the supply chains behind them. If the region matters to you, don’t miss MINING.COM’s Latin America series tracking the geopolitical forces reshaping it and why markets are increasingly driven by global alliances as much as local politics. Countries in the series so far: Bolivia Chile Colombia Share Comments Cancel reply Your email address will not be published. Required fields are marked * Save my name, email, and website in this browser...

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Neo Performance begins producing heavy rare earths at Estonia plant

Neo Performance Materials has successfully initiated production of heavy rare earth elements, specifically separated terbium and dysprosium oxides, at its Silmet facility in Estonia, marking a significant step in establishing a secure, Europe-based supply chain for critical materials. This development complements the company's existing rare earth magnet manufacturing plant in Narva, Estonia, which is Europe's first mass producer of sintered magnets, further reinforcing Neo's strategy for a vertically integrated rare earth magnetics value chain within the continent. The output from both facilities is crucial for high-performance magnets used in electric vehicles, wind turbines, and advanced robotics, addressing Europe's strategic objectives for supply chain diversification and critical mineral independence.

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New woe besets British Columbia’s two biggest gold projects

British Columbia’s two largest gold projects, Seabridge Gold’s KSM and Tudor Gold’s Treaty Creek, face a significant hurdle as the provincial government delays key tunnel permits for KSM. This regulatory setback stems from an ongoing legal dispute between Seabridge and Tudor Gold regarding the route of KSM’s critical Mitchell Treaty Tunnels, which Tudor asserts would traverse its valuable Goldstorm deposit. The impasse threatens the development timelines of these massive projects, collectively holding billions of ounces of gold and pounds of copper, highlighting the complexities of concurrent mineral rights and infrastructure planning in prolific mining regions.

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Energy Security for Indo-Pacific Endurance, a Global Growth Center of the 21st Century

<p></p> <p>The Indo-Pacific Energy Security Ministerial and Business Forum, held in Tokyo on March 14–15, 2026, convened twelve nations to forge a collective strategy for ensuring stable and secure energy supply in the region. Co-hosted by U.S. and Japanese energy leaders, the discussions emphasized robust supply chains, diversification of energy sources, and extensive investment, signaling profound implications for the global mining sector, particularly in critical minerals and uranium for nuclear energy development.</p> <p>

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Paramount begins IA at Nevada’s Sleeper Gold Project

Paramount Gold Nevada has initiated an Initial Assessment (IA) at its past-producing Sleeper Gold Project in Humboldt County, Nevada, a crucial step in evaluating its economic potential under SEC S-K 1300 regulations. This assessment, conducted by SLR International, will focus on a staged, cost-effective development strategy primarily targeting approximately 54 million tonnes of heap-leachable material. The move aims to unlock significant value in a well-established mining jurisdiction amidst a favorable gold price environment, while the company concurrently advances its Grassy Mountain Project.

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wBullion Gold concludes drilling at Quebec’s Langlade project

<p></p> <p>Bullion Gold Resources has announced the successful conclusion of its diamond drilling program at the fully owned Langlade project in Quebec’s Senneterre area. The 1,771-meter campaign across 11 drill holes yielded encouraging visual observations, including chalcopyrite and sphalerite mineralization alongside significant scapolite alteration, indicators often linked to large-scale gold, silver, copper, and zinc deposits. Assay results, crucial for verifying metal grades and guiding future exploration, are anticipated next month, marking a significant step in understanding the Langlade project's substantial mineral potential.</p> <p>

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DOE’s Office of Energy Dominance Financing Announces Conditional Commitment for a Domestic Medical Isotope Manufacturing Facility

The U.S. Department of Energy has issued a conditional commitment for a $263 million loan to SHINE Chrysalis, LLC, for a high-volume medical isotope production facility in Janesville, Wisconsin. This strategic investment aims to establish the nation's sole domestic commercial supply of molybdenum-99 (Mo-99), a critical isotope for millions of diagnostic imaging and cancer treatment procedures, thereby enhancing national energy dominance, medical supply chain security, and a robust nuclear workforce.

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FACT SHEET: California’s War on American Energy Impoverishes Residents and Harms National Security

California's aggressive energy policies have led to the highest electricity and gasoline prices in the nation, crippling residents and industries while tripling the state's reliance on often volatile foreign oil imports. A recent federal intervention, led by President Trump and U.S. Secretary of Energy Chris Wright, has mandated Sable Offshore Corp. to resume operations of the Santa Ynez Unit and its associated pipeline, significantly boosting California's domestic oil production by 15 percent and replacing vital foreign crude supplies. This strategic move aims to enhance national energy security and mitigate the economic vulnerabilities created by restrictive state policies.

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First Quantum taps IFC for Argentina copper push

First Quantum Minerals (FQM) has established a significant partnership with the International Finance Corporation (IFC) for its Taca Taca copper project in Argentina's Salta Province. This collaboration aims to align the substantial $4.2 billion project with global sustainability standards, enhancing its attractiveness for debt financing and promoting responsible mining practices. The move underscores Argentina's growing prominence as a critical minerals jurisdiction and FQM's commitment to advancing one of the world's premier undeveloped copper assets.

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Uranium Energy adds second ISR operation with Burke Hollow start

Uranium Energy Corp. (UEC) has dramatically strengthened its position as a leading domestic uranium producer with the official commencement of operations at its Burke Hollow project in Texas. This milestone marks the first new in-situ recovery (ISR) uranium operation in the United States in over a decade, establishing UEC as the sole U.S. company with two active ISR facilities and reinforcing the nation's push for a secure, domestic nuclear fuel supply chain. The project, tapping into a significant uranium resource in the Texas Uranium Belt, is set to bolster UEC's processing capabilities at its Hobson Central Processing Plant and signals a robust expansion strategy for the Vancouver-based miner.

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The Metals Royalty debuts on Nasdaq with deep-sea bet

The Metals Royalty Company Inc. (TMCR) made its public market debut on the Nasdaq on Wednesday, April 8, 2026, marking a significant milestone for deep-sea mining finance. The company holds a crucial royalty interest in The Metals Company's (TMC) NORI project in the Pacific Ocean, which aims to extract polymetallic nodules rich in nickel, cobalt, and copper – essential battery metals. This move introduces a proven financing model into the nascent and high-potential deep-sea mining sector, addressing the accelerating global demand for critical minerals.

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Lachlan Star starts drilling at New Waverley Project, WA

Lachlan Star has commenced an initial 1,000-meter diamond drilling program at its New Waverley Gold Project in Western Australia, focusing on historical high-grade quartz reef mineralization in the gold-rich Norseman region. This strategically important move follows the recent acquisition of the project and aims to systematically test a 400-meter mineralized corridor, with a subsequent 2,000-meter reverse circulation drilling phase planned. The program seeks to confirm the continuity and grade of significant gold intercepts, signaling Lachlan Star's commitment to unlocking the project's broader scale potential in a premier gold jurisdiction.

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New episode: Q&A with Sweden’s nuclear power chief

<p></p> <p>Sweden has dramatically reversed its long-standing nuclear phase-out policy, embarking on an ambitious expansion plan that aims to add at least 2.5 gigawatts of nuclear capacity by 2035 and the equivalent of ten new reactors by 2045. This significant pivot, driven by energy security and climate goals, is being spearheaded by Carl Berglöf, the national nuclear power coordinator, and is set to have profound implications for the global mining industry, particularly for uranium producers and suppliers of critical minerals essential for reactor construction and associated infrastructure.</p> <p>

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Mayfair Gold to acquire three properties from Plato

<p></p> <p>Mayfair Gold has significantly expanded its land holdings near its Fenn-Gib Gold Project in Timmins, Ontario, through the acquisition of three properties—Guibord, Marriott, and Holloway—from Plato Gold for C$2.5 million. This strategic move, announced on April 6, 2026, consolidates Mayfair’s position along the highly prospective Porcupine-Destor Fault Zone within the renowned Abitibi Greenstone belt, promising enhanced exploration leverage and critical infrastructure access for the proposed Fenn-Gib mine.</p> <p>

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Germanium Mining finalises initial private placement phase

Germanium Mining has successfully concluded the initial phase of a non-brokered private placement, securing critical early-stage financing for its 2026 exploration initiatives at the fully owned Lac Du Km 35 property in Québec, Canada. This funding is poised to advance a systematic exploration program, including detailed airborne geophysical surveys and permit applications for drilling, aiming to identify and de-risk potential germanium resources essential for North America's strategic supply chain. The project targets an area known for a notable germanium showing and significant geological structures that could host further mineralization.

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Top 50 mining companies power through Iran war – up $250 billion in 2026

Despite global geopolitical tensions, particularly the US-Iran war, the world's leading mining companies demonstrated remarkable resilience in the first quarter of 2026. The MINING.COM TOP 50 miners collectively reached a market capitalization of $2.41 trillion, adding $250 billion year-to-date, signaling a strong performance across most commodities and a significant expansion of the exclusive $100-billion club. However, this overall positive trend masked mixed fortunes for individual companies, with strategic shifts and operational challenges leading to notable underperformance for some key players.

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REalloys, USCM sign MoU on Sheep Creek rare earth project

REalloys and U.S. Critical Materials (USCM) have signed a non-binding Memorandum of Understanding (MoU) for REalloys to obtain up to 10% of the heavy rare earth production from USCM's high-grade Sheep Creek project in Montana. This strategic partnership aims to establish a crucial domestic supply chain for critical minerals, including dysprosium, terbium, yttrium, and gallium, vital for U.S. strategic defense stockpiles and advanced technology applications, ahead of anticipated restrictions on Chinese rare earth procurement in 2027. The agreement underscores a significant step towards bolstering American critical mineral sovereignty and reducing reliance on foreign adversaries.

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Underground mining safety: why accidents persist and what technologies help

Underground mining continues to face significant safety challenges, particularly in areas with limited visibility such as intersections and blind corners, largely due to the inherent constraints of conventional safety systems and GNSS-denied environments. Emerging technologies like Vehicle-to-Everything (V2X) communication and advanced wearable devices are proving instrumental in enhancing real-time awareness and improving emergency response times. Despite these technological advancements, the critical importance of human oversight and robust safety protocols remains paramount for achieving safer operational environments.

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Barrick warns of “significant increases” to budget, timeline for Pakistan copper project

Barrick Mining has announced anticipated "significant increases" to the capital budget and timeline for its Reko Diq copper-gold project in Pakistan, following an earlier decision to slow development due to escalating security concerns in Balochistan and the broader Middle East. The Canadian miner, which operates Reko Diq as a 50/50 joint venture with Pakistani authorities, is extending its project review period until mid-2027 to comprehensively assess the evolving situation, capital requirements, financing, scope, and timeline for the Tier 1 asset.

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‘Phytocapture’ from Kazakhstan Research Institute helps trap airborne dust near gold mine

China's Zijin Mining, following its 2025 acquisition of RG Gold, is set to invest $500 million in a new processing plant in Kazakhstan, concurrent with RG Gold's progressive environmental initiatives. Central to this is the 'phytocapture' technology, developed by the Sustainable Kazakhstan Research Institute, which employs scientifically designed vegetative barriers to significantly reduce airborne dust emissions from open-pit gold mining operations near the Raygorodok deposit. This innovative approach, integrating supercomputer modeling and indigenous plant species, marks a significant step in sustainable mining practices in Central Asia and offers a blueprint for environmental stewardship within the global industry.

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PH7 Technologies targets tough ores with cleaner, closed-loop processing

Canadian critical metals processor pH7 Technologies is expanding its Vancouver facility with C$4 million in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). This investment will accelerate the scale-up of pH7's proprietary organo-electrochemical technology for recovering platinum group metals (PGMs) from secondary materials and, critically, for unlocking difficult sulfide ores in primary mining applications without toxic reagents or tailings wastewater. The move positions Canada at the forefront of sustainable critical mineral development, addressing both environmental challenges and global supply chain demands.

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St Barbara receives $269.5m investment from Lingbao

St Barbara has announced a significant milestone for its New Simberi Gold Project in Papua New Guinea, securing an A$389 million ($269.5 million) investment from Lingbao Gold Group. This capital injection, alongside the approval of the Final Investment Decision, fully funds St Barbara's 50% share of the project's construction costs, paving the way for a substantial expansion that is projected to double mining output to 20 million tonnes per annum and boost gold production to over 200,000 ounces annually. The development is expected to yield an A$0.5 billion gain for St Barbara, marking a strategic move to de-risk and unlock long-term value from the long-life, low-cost operation.

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KGL Resources signs $300m agreement with Wheaton

<p><strong></strong></p> <p>KGL Resources has secured a pivotal A$300 million precious metals purchase agreement (PMPA) with Wheaton Precious Metals International, earmarking funds for the construction and development of its Jervois Copper Project in Australia’s Northern Territory. This strategic financing, which includes a $275 million upfront stream payment and a $25 million cost overrun facility, marks Wheaton's inaugural streaming deal in Australia and positions KGL to become a significant copper producer with all necessary permits already in place.</p> <p><strong>

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Orano CE to accept Kayelekera uranium concentrate

Lotus Resources has secured a crucial confirmation from Orano Chimie-Enrichissement (Orano CE) for the acceptance of uranium ore concentrate from its Kayelekera project in Malawi at the Malvesi conversion facility in France. This pivotal development, following extensive qualification efforts, positions Lotus as a forthcoming global uranium supplier, with aims to reach full production capacity by the second quarter of 2026. The agreement facilitates initial shipments and provides strategic flexibility for Lotus in navigating global uranium markets and supply chains.

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Phase 2 exploration begins at La Union Project, Mexico

Questcorp Mining and Riverside Resources have initiated Phase 2 exploration at the La Union Project in Sonora, Mexico, following encouraging results from a 12-hole Phase 1 drill program earlier in 2026. This next phase focuses on refining existing high-priority targets and generating new prospects across the project's diverse mineralization styles, including high-grade gold-silver at Union Mine and a new sediment-hosted gold discovery at Luis Hill. The fully funded program aims to prepare for subsequent drilling later in 2026, building on the project's district-scale potential.

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Latitude 66 concludes Phase 2 drilling at Laverton Gold Project

Latitude 66 has successfully concluded its Phase 2 reverse circulation (RC) drilling program at the Laverton Gold Project in Western Australia, comprising 38 holes totaling 3,914 meters. The program focused on the Red Dog and Tin Dog prospects, aiming to extend existing mineralization and define new structural frameworks, building upon results from January 2026's Phase 1 drilling. The company now awaits assay results, which are anticipated to guide subsequent exploration phases and support its strategy for rapid resource growth.

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Santana secures build slots for Bendigo-Ophir Project

Santana Minerals has taken a significant step forward for its Bendigo-Ophir Gold Project in New Zealand, securing NZ$115 million ($65.8 million) worth of mining fleet build slots with Komatsu New Zealand. This critical agreement, which includes primary excavators and haul trucks under a leasing and support package, positions Santana as a prospective low-cost owner-operator, pending a crucial fast-track approval decision expected by October 2026. The move underscores the project's progression towards construction and future production, contingent on regulatory green light.

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