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Gold Mining News

27 articles about gold mining

Bold Ventures secures new claims near Joutel Property in Canada

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

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Kingfisher Mining to sell Gascoyne assets to Dreadnought Exploration

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

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Energy Secretary Continues to Strengthen Puerto Rico's Energy Grid with Renewed Orders

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

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

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

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Athena Gold plans acquisition of Forester Gold Project in Ontario

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

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

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

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Energy Department Approves Export Expansion at Corpus Christi LNG

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

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Atacama Resources announces acquisition of Atacama 3 site

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

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Larvotto achieves 90% tungsten recovery at Hillgrove project

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

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Catalyst Metals settles legal dispute concerning Plutonic gold belt

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

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29Metals awards Gossan Valley mining contract to Byrnecut

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

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Questcorp secures initial investment from Sorbie Bornholm

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

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Marubeni invests in Australian critical minerals project with RZ Resources

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

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PYBAR to support Hillgrove antimony-gold project in NSW

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

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EU initiates Phase II investigation into MMG-Anglo nickel deal

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

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