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Molybdenum Mining News

64 articles about molybdenum 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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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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Rethinking slurry pump sealing: design, integration, and total cost of ownership

<p><strong></strong></p> <p>The global mining industry is under increasing pressure to balance operational efficiency and sustainability, driving a critical re-evaluation of fundamental operational components like slurry pump sealing. Published on June 29, 2026, this analysis highlights a significant shift from conventional, flush-water-dependent seals to integrated mechanical seals, which promise substantial reductions in water consumption and maintenance costs.</p> <p>This strategic move, exemplified by KSB's innovative LAPIS slurry seal designed for GIW® slurry pumps, signals a future where engineered integration is key to lowering total cost of ownership (TCO) and enhancing overall operational reliability.</p> <p><strong>

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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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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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i-80 Gold to terminate gold offtake deal with Vox Royalty

i-80 Gold has reached a definitive agreement with Vox Royalty to terminate a significant gold offtake agreement, freeing the company from obligations to sell 40,000 ounces of gold annually. The settlement involves i-80 Gold issuing 3,453,237 shares to Vox, valued at $4.8 million, a move expected to provide i-80 Gold with enhanced flexibility in managing future gold sales from its Nevada projects. This strategic divestment further strengthens i-80 Gold's position as an emerging gold producer, giving it greater control over its precious metals output and market exposure.

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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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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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RCT tech helps historic mine navigate the transition to surface mining

<p></p> <p>In a significant development for Canadian mining, RCT, powered by Epiroc, has been instrumental in the successful transition of a historic, prominent Canadian nickel mine from underground to open pit operations. By implementing advanced agnostic automation, including AutoNav Tele on CAT heavy machinery and specialized safety systems like Geofence Zones, the project has not only enhanced operational safety amid the complexities of mining above old voids but also significantly improved operator comfort in extreme weather conditions. This initiative, completed last year, sets a precedent for modernizing brownfield sites and underscores the critical role of innovative technology in extending mine life and ensuring worker well-being in challenging environments.</p> <p>

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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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World’s largest EV battery repurposing megafactory opens in British Columbia

Moment Energy has officially launched Megafactory 1 in Surrey, British Columbia, on June 24, 2026, marking it as the world’s largest electric vehicle (EV) battery repurposing facility. This innovative operation transforms retired EV batteries into essential energy storage systems, aiming to produce 1 GWh by 2030 and address critical electricity demand surge from AI, data centers, and grid modernization, while simultaneously creating new jobs and bolstering North America's domestic manufacturing capacity.

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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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Masan looks to foreign investors with tungsten mine growth

<p><strong></strong></p> <p>Masan High-Tech Materials (MHT), Vietnam's leading producer, has unveiled plans to significantly expand its Nui Phao mine and Nui Chiem site, potentially adding 115 million tonnes of tungsten-polymetallic resources and extending operations for decades. This strategic move, announced amidst global demand for critical minerals and tightening non-China supply, is closely linked with Masan Group's efforts to attract international investors through a potential stake sale and aims to bolster Vietnam's position in the global tungsten market while enhancing MHT's corporate profile.</p> <p><strong>

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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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enCore Energy gets BLM approval for Dewey Burdock infrastructure

enCore Energy has received final approval from the Bureau of Land Management (BLM) for initial infrastructure construction at its 100%-owned Dewey Burdock Uranium in-situ recovery (ISR) project in South Dakota. This significant milestone, following a thorough Environmental Assessment, allows for the development of essential access roads, four groundwater monitoring wells, and power lines across approximately 240 acres of public land. The project, utilizing environmentally sensitive ISR methods, is integrated into the federal "Fast 41 programme" to expedite critical mineral development, underscoring its strategic importance for bolstering domestic US uranium production.

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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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BHP raises Jansen stage two cost estimate to $6.9bn after review

BHP has significantly revised its investment estimate for Stage Two of the Jansen potash project in Canada, increasing it by $2 billion to $6.9 billion, a substantial jump from the initial $4.9 billion forecast. This cost escalation is accompanied by a two-year delay, pushing the expected first production from this stage to late financial year 2031, with the company attributing the changes to higher construction hours, material quantities, and inflationary pressures identified during a detailed review. Despite these adjustments, BHP maintains its long-term output forecast for Jansen and underscores the project's strategic importance in diversifying its portfolio into future-facing commodities.

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Goldgroup begins 24,000m of drilling at San Francisco project

Goldgroup Mining has commenced a significant 24,000-meter diamond core drilling program at its wholly owned San Francisco gold project in Sonora, Mexico, marking the first new drilling at the site in several years. Funded by internal resources at an estimated budget of $8 million (C$11.33 million), this exhaustive campaign aims to update the resource model, optimize the mine plan, and gather critical technical data in preparation for restarting gold production by late 2026 or early 2027. The project, already fully permitted with existing open pits and heap leach facilities, positions Goldgroup for a potentially rapid and cost-effective re-entry into production, leveraging a strong gold market and the prospect of significant resource expansion.

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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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Alamos expects lower Q2 output on Young-Davidson mine disruptions

Alamos Gold is forecasting lower gold production for the second quarter of 2026, primarily due to operational disruptions at its Young-Davidson mine in northern Ontario. The mine experienced two seismic events limiting access to high-grade stopes, coupled with a three-day power outage, impacting output by an expected 12% and raising costs. Despite these setbacks, Alamos anticipates stronger production in the latter half of the year, bolstered by strong performance and ramp-up activities at its Island Gold and Magino operations.

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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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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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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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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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Rio Tinto, China Baowu conclude shaft furnace trials

Rio Tinto and China Baowu have successfully concluded industrial-scale trials in China demonstrating the production of direct reduced iron (DRI) from pellets containing mid-grade Pilbara Blend iron ore using a hydrogen-based shaft furnace. This significant breakthrough paves a viable path for the steel industry to reduce its carbon footprint by expanding feedstock options and moving towards low-carbon steelmaking, fulfilling a key objective of their 2023 decarbonization <strong>Memorandum of Understanding</strong>.

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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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Energy Secretary Keeps Coal-Fired Power Generation Alive in the Northwest

<p></p> <p>In a significant move to ensure grid stability in the U.S. Northwest, Energy Secretary Chris Wright issued an emergency order directing TransAlta Centralia Generation LLC to keep Unit 2 of the coal-fired Centralia Generating Station operational from June 15, 2026, through September 12, 2026. This decision, aimed at mitigating critical reliability issues and the risk of blackouts, follows warnings from organizations like NERC regarding energy shortfalls in the Western Electricity Coordinating Council (WECC) Northwest region. The order highlights the ongoing reliance on coal-fired generation for base-load power amidst rapidly growing demand and contributes to a broader trend of preserving coal plants from premature retirement, directly impacting the domestic thermal coal mining industry.</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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NLCIL and CSIR-CECRI sign MoU for critical mineral extraction

<p></p> <p>NLC India Limited (NLCIL) and the CSIR-Central Electrochemical Research Institute (CSIR-CECRI) have formally partnered to explore the beneficiation and extraction of critical and strategic minerals from mining waste. This Memorandum of Understanding, signed on June 10, 2026, in Neyveli, Tamil Nadu, aims to assess the recovery potential of rare earth elements (REEs) and other trace minerals from overburden and tailings at NLCIL’s vast mining operations. The collaboration is a direct response to the Indian Government's ambitious National Critical Mineral Mission, underscoring India's drive towards self-reliance in the global supply chain for these vital resources.</p> <p>

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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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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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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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Red Mountain identifies outcropping garnet skarn at Montana site

<p></p> <p>Red Mountain Mining has confirmed visible garnet skarn exposures at its Greenstone and Mammoth prospects within the Pioneer Tungsten Project in Montana, following its strategic acquisition of 100% project ownership. The discovery, supported by magnetic modelling suggesting subsurface mineralisation, positions the company to potentially expand tungsten resources in a historically rich district. With initial rock chip sample results expected by late June, Red Mountain is poised for follow-up drill testing, marking a significant step in developing a domestic tungsten supply.</p> <p>

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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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United States and Japan Announce Historic $1 Billion Partnership Under President Trump’s Genesis Mission

The United States and Japan have forged a landmark $1 billion strategic partnership under President Trump’s Genesis Mission, announced on June 4, 2026. This collaboration, making Japan the first international partner in the Genesis Mission, will see eleven joint scientific teams from leading U.S. and Japanese institutions tackle advancements in quantum information science, fusion energy, biotechnology, advanced materials, particle physics, and autonomous laboratory systems, with significant implications for the future of global science and industrial innovation, including the mining sector. The five-year investment, with $500 million from each nation, aims to accelerate discovery by harnessing AI and advanced computing, redefining scientific research for generations to come.

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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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How DLE is turning oilfield wastewater into a valuable lithium source

The accelerating energy transition is driving unprecedented demand for lithium, estimated to quadruple by 2035, necessitating innovative extraction methods beyond traditional mining. Direct Lithium Extraction (DLE) technologies are emerging as a transformative solution, capable of rapidly recovering lithium from unconventional sources like oilfield wastewater, geothermal brines, and seawater. This approach not only significantly reduces production timelines from months to days but also presents a unique opportunity for oil and gas operators to monetize existing waste streams, redefining their operational economics and contributing to a critical supply chain.

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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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The future of mining intelligence starts above the pit

The global mining industry is undergoing a significant transformation driven by advanced technologies, with geospatial analytics emerging as a pivotal tool for enhancing operational intelligence. Sean Donegan, President and CEO of US-based Satelytics, highlighted on June 4, 2026, how this technology is revolutionizing critical aspects of mining by providing unparalleled insights into land movement, environmental risks, and unauthorized activities, fundamentally shifting how mines are monitored and managed from an aerial perspective. This development underscores a broader trend towards data-driven decision-making and proactive risk management within the sector, promising enhanced safety, efficiency, and environmental stewardship.

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Locksley confirms REE mineralisation at El Campo, California

Locksley Resources has confirmed significant neodymium and praseodymium-enriched rare earth element mineralisation at its El Campo prospect in California, strategically located just 5.5km south-east of MP Materials’ Mountain Pass Mine, the sole active rare earth operation in the US. Initial diamond drilling revealed high-grade intercepts, signaling potential for a larger Mountain Pass-style carbonatite system and offering a promising step towards bolstering America’s domestic critical mineral supply chain. These results, announced on June 5, 2026, underline the ongoing importance of regional exploration in critical mineral corridors.

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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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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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Energy Secretary Keeps Coal-Fired Power Generation Alive in Florida

The U.S. Department of Energy, led by Secretary Chris Wright, has issued an emergency order compelling the Orlando Utilities Commission (OUC) to maintain operations at Unit 1 of its coal-fired Stanton Energy Center in Florida. This directive, effective from June 4, 2026, through September 1, 2026, addresses critical grid reliability concerns identified by reports from NERC and DOE, aiming to prevent power outages and stabilize energy costs during Florida's peak summer demand. The move underscores a broader federal strategy under President Trump's administration to preserve and expand coal-fired generation amidst national grid stability challenges and growing electricity demand.

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Kalgoorlie Nickel wins lead agency status for KNP-Goongarrie Hub

Kalgoorlie Nickel, a joint venture encompassing Ardea Resources, Mitsubishi, and Sumitomo Metal Mining, has been granted lead agency status by the Western Australian Government for its Kalgoorlie Nickel Project (KNP)-Goongarrie Hub. This strategic designation is poised to significantly streamline the development of one of the world's largest nickel-cobalt resources, accelerating its contribution to global battery supply chains amidst rising demand for critical minerals vital to electric vehicles and energy storage. The move underscores both state and federal commitment to advancing Australia's role in the burgeoning critical minerals sector.

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Gold Hunter taps MCL Drilling for 2026 drilling programme

Gold Hunter Resources has awarded MCL Drilling a contract for its inaugural 10,000m diamond drilling program at the Great Northern Project in Newfoundland, Canada, slated for 2026. This strategic move marks a pivotal step for Gold Hunter, initiating significant exploration activity on its 26,237-hectare gold prospective property, with Equity Exploration Consultants also engaged to manage all exploration activities. The collaboration with a local, experienced drilling partner like MCL, known for its diversified services and commitment to environmental stewardship, underscores Gold Hunter's approach to de-risk and efficiently advance its high-potential gold assets.

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