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Silver Mining News

54 articles about silver mining

John Crane signs three-year reliability deal with Saudi phosphate company

<p><strong></strong></p> <p>John Crane, a leading flow-control technology company, has formalized a three-year managed reliability program with a major phosphate mining and fertilizer producer in Saudi Arabia, announced on October 27, 2026. This strategic agreement is designed to significantly enhance equipment reliability and reduce unplanned operational disruptions at the customer's remote sites, leveraging dedicated on-site expertise, fixed-fee seal overhauls, the establishment of a new workshop, and comprehensive technical training. The initiative underscores a critical industry focus on optimizing asset performance and managing maintenance expenditures more predictably in capital-intensive sectors.</p> <p><strong>

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West Wits to drill 17 holes at Bird Reef Central in Johannesburg

<p></p> <p>West Wits Mining is embarking on a significant 17-hole diamond drilling program at its Bird Reef Central uranium-gold project in Johannesburg, South Africa, commencing by late November 2026. This 5,750-meter, three-stage initiative aims to establish an initial uranium mineral resource estimate and enhance the existing gold resource, with results anticipated progressively through the first half of 2027. Positioned within West Wits' existing Mining Right near its Qala Shallows operation, Bird Reef Central represents a strategic dual-commodity growth option for the company, capitalizing on the Witwatersrand Basin's rich endowment.</p> <p>

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Kazakhstan and Guyana Join International Coalition Calling for Delay of EU Methane Regulation

Kazakhstan and Guyana have formally joined an international coalition, including Algeria, Nigeria, Qatar, and the United States, urging the European Union to delay and amend its Methane Regulation (EUMR). This growing alliance, representing a significant portion of Europe’s crude oil and natural gas imports, seeks to establish a pragmatic compliance framework that ensures regulatory certainty for energy suppliers while safeguarding Europe's energy security and competitiveness. The move highlights critical concerns regarding the EUMR's current framework and its potential impact on global energy trade.

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Slam Exploration drills two holes at Moose Lake project

Slam Exploration has successfully completed an initial two-hole diamond drill program totaling 224.5 meters at its Moose Lake Gold-Antimony-Silver Project in New Brunswick, Canada. This campaign, targeting the prospective 4.7-kilometer Moose Lake Fault Zone, follows promising trenching results that indicated high-grade antimony, gold, and silver mineralization, signaling significant potential for critical mineral discovery in the historically underexplored area. The company is currently awaiting assay results as it plans further investigations into metal zoning and extensions of the mineralized system.

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Energy Department Authorizes Strategic Petroleum Reserve Exchange to Support Fuel Supply Stability

The U.S. Department of Energy (DOE) authorized an emergency exchange of up to 400,000 barrels of crude oil from the Strategic Petroleum Reserve (SPR) to the Phillips 66 Lake Charles Refinery in Louisiana on October 23, 2026. This measure aims to stabilize regional transportation fuel supplies following a disruption, with the borrowed crude oil to be returned to the SPR with a premium at no cost to taxpayers. For the mining industry, this intervention underscores the critical importance of secure and stable energy supplies for operational continuity and cost management.

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Talisman Metals reports drill results from Morocco’s Tirzzit Project

Talisman Metals has announced encouraging initial assay results from its 2026 exploration campaign at the Tirzzit Project in Morocco, revealing consistent copper-silver mineralization within Late Precambrian sedimentary strata. These early findings, including significant intercepts of up to 1.56% copper and 64 g/t silver, confirm the project's prospectivity and will inform a future resource estimate. The ongoing drill program, coupled with recent acreage expansions, positions Tirzzit as a potentially significant stratiform copper-silver asset in a geopolitically stable and increasingly attractive mining jurisdiction.

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Energy Department Designates Helium as Critical Material to Strengthen American Manufacturing and Supply Chain Security

<p></p> <p>In a move to fortify domestic manufacturing and secure critical supply chains, the U.S. Department of Energy (DOE) officially designated helium as a critical material on October 23, 2026. This decision, announced by Secretary of Energy Chris Wright, underscores helium's indispensable role in semiconductor production and advanced energy technologies, with global demand currently outpacing supply. The designation aims to leverage America's abundant helium resources, address refining capacity limitations, and streamline permitting to reduce reliance on foreign sources and bolster U.S. economic and national security.</p> <p>

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Thiess secures two five-year mining contracts in Mongolia

Thiess, a global leader in contract mining, has secured two significant five-year contracts in Mongolia, encompassing underground services at Rio Tinto's Oyu Tolgoi copper-gold mine and Coal Handling and Preparation Plant asset management for Energy Resources' Ukhaa Khudag coal mine. These agreements solidify Thiess's long-standing presence in the crucial Mongolian mining sector, particularly highlighting its expanded role in Oyu Tolgoi's complex underground operations which will become its largest worldwide, and underscore its expertise across diverse commodities and operational challenges.

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Energy Department to Use Defense Production Act Funding to Restart American Refinery and Expand Refining Capacity

The Trump administration, on October 22, 2026, announced a significant initiative to bolster domestic petroleum refining capacity by allocating up to $150 million in Defense Production Act Title III funding. This move, championed by President Donald J. Trump and U.S. Secretary of Energy Chris Wright, aims to expand the production, storage, and logistics of gasoline, diesel, and jet fuel across the United States, promising increased energy security and potentially lower fuel prices for American consumers and businesses. The investment underscores a strategic shift towards "energy addition policies" and is deemed critical for national defense, presenting broad implications for energy-intensive sectors like mining.

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Metals One agrees terms to acquire full stake in Lions Bay Resources

Metals One has announced a binding term sheet to fully acquire Lions Bay Resources (LBR), consolidating its ownership of LBR's South African gold and power assets. This strategic move, dated October 23, 2026, aims to establish Metals One at the forefront of a significant gold mining opportunity, primarily centered around the Barbrook Gold Mine, which boasts an historical gold resource of 2.1 million ounces and a targeted production restart within six months. The transaction, involving a combination of debt conversion and a share-for-share acquisition, is designed to streamline operations, facilitate capital market access, and leverage a robust operating team for South African growth.

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Krait secures exclusive option to acquire Nevada mining claims

Krait Critical Minerals has secured an exclusive option to acquire 17 federal mining claims in Humboldt County, Nevada, from Sierra Antimony, targeting a historical high-grade antimony production site. This strategic move, involving staged cash and share payments over two years, positions Krait to expand its critical minerals footprint in the U.S., leveraging antimony's increasing importance in defense, advanced manufacturing, and industrial supply chains. The agreement sets the stage for Krait to conduct technical and geological assessments, aiming to identify future exploration targets on a property known for significant historical antimony output.

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SAGA concludes first drill programme at Labrador Wolverine project

SAGA Metals has successfully concluded its inaugural 3,241-meter diamond drilling campaign at the fully owned Wolverine Heavy Rare Earth Element Project in Labrador, Canada, a significant step in systematically assessing the site's critical mineral potential. The 22-hole program confirmed the presence of target alteration assemblages indicative of rare earth element mineralization across all drilled holes, with two holes, W26-001 and W26-002, revealing extensive altered volcanic rock and a targeted Unit 4 sequence. Alongside drilling, prospecting activities identified new REE-hosting volcanic units, pegmatites, and aplite dykes, significantly expanding the prospective footprint for future exploration, with assay results pending and an induced polarisation survey planned for Q2 2027 to guide further development.

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Metals Exploration resumes construction at La India site

Metals Exploration has announced the resumption of construction activities at its La India gold project in Nicaragua, following a temporary suspension initiated by a fatal incident on October 19, 2026. The company, which acquired full ownership of La India in January 2025, confirmed that work restarted on October 22, 2026, after safety reviews and regulatory approvals, reiterating its commitment to commissioning and initial gold production by December 2026 with an annual target of 145,000 ounces.

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BHP reports decline in Q1 FY27 copper production

BHP reported a 19% decline in copper production for the first quarter of financial year 2027, primarily due to operational disruptions, planned lower feed grades, and severe weather impacts across its Chilean and South Australian assets. Despite these challenges, the company maintained its full-year copper guidance and saw a significant 53% increase in its provisional average realized copper price, reaching $7.01/lb. Meanwhile, iron ore and coal production registered increases, underscoring the benefits of BHP's diversified portfolio amidst a volatile global market.

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Gordon Mining agrees to acquire Tungsten Tail project in New Mexico

Gordon Mining has announced a definitive agreement to acquire the Tungsten Tail Project in Sierra County, New Mexico, marking a strategic entry into domestic tungsten exploration. This acquisition encompasses 41 unpatented lode mining claims covering approximately 847 acres, situated in a historically active mining district with documented tungsten occurrences. The move positions Gordon Mining to explore a critical mineral resource within the United States, aligning with national priorities for secure supply chains and leveraging historical data and recent geological surveys to guide future drilling efforts.

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Flynn Gold extends gold-tungsten mineralisation at Firetower Project

Flynn Gold has announced significant assay results from its 2026 drilling program at the wholly owned Firetower Project in northern Tasmania, successfully extending high-grade gold-tungsten mineralization. The latest findings, particularly from drill-hole 2019FTD003E, demonstrate continuity of a polymetallic system comprising gold, tungsten, copper, cobalt, and silver, supporting potential for further expansion. This development precedes planned metallurgical testwork and an initial mineral resource estimate, marking a critical advancement for the project within the prospective Mt Read Volcanic Sequence.

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Cobalt Blue signs offtake term sheet with STG Metals

Cobalt Blue has signed a non-binding offtake term sheet with STG Metals for the sale of high-purity cobalt metal rounds from its proposed Kwinana Cobalt Refinery (KCR) in Western Australia. This agreement represents a significant stride towards the commercialization of Australia's first dedicated mid-stream cobalt refinery, reinforcing the project's commercial framework ahead of a final investment decision. The KCR aims to produce approximately 3,000 tonnes per annum of contained cobalt, serving critical battery, advanced manufacturing, and defense sectors.

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Yukon Metals identifies copper-gold system at Viper prospect

Yukon Metals has announced the identification of a significant copper-gold-molybdenum porphyry-style hydrothermal system at its Viper Prospect within the AZ Project, located 36km south of Beaver Creek in Canada’s Yukon Territory. The 2026 exploration program, featuring three diamond drill holes totaling 1,948m, confirmed increasing mineralization with depth and revealed alteration assemblages characteristic of world-class porphyry deposits. This discovery marks a pivotal advancement for Yukon Metals, positioning the Viper Prospect as a strong target for future resource definition and development in a region known for its mineral potential.

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Mining finance rises 55% as biodiversity report flags risks

A recent report reveals that bank financing for mining operations in tropical forest regions surged by 55% between 2016 and 2025, reaching $36.7 billion last year. This significant increase, detailed in the "Banking on Biodiversity Collapse 2026" report by the Forests & Finance coalition, raises critical concerns regarding biodiversity risks, waste management practices, and the need for enhanced environmental safeguards and supply-chain transparency across the global mining sector. The findings underscore a growing tension between the demand for critical minerals and the imperative for responsible development in ecologically sensitive areas.

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CoTec, BMR plan partnership to boost Punitaqui copper production

CoTec and Battery Mineral Resources (BMR) have entered a non-binding framework agreement to explore a strategic economic joint venture aimed at significantly increasing copper production at BMR’s Punitaqui mining district in Chile. This proposed partnership seeks to leverage CoTec’s expertise in advanced processing technologies to recover copper from lower-grade sulphides and existing mine tailings, combining it with Punitaqui's established infrastructure and resources. The collaboration underscores a growing industry trend towards optimizing resource utilization and extending mine life from previously uneconomic materials.

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Blue Lagoon confirms first finalised gold output from Dome Mountain

Blue Lagoon Resources has confirmed its first finalized gold and silver concentrate production from the Dome Mountain Gold and Silver Mine in British Columbia, Canada. This marks a significant operational milestone, demonstrating the company's full production cycle, from underground mining through milling, concentrate sales, and receipt of provisional payments totaling approximately $11.6 million (C$16.5 million). The initial output yielded 992 ounces of gold and 4,181 ounces of silver from 341.6 dry tonnes of concentrate, with subsequent processing batches showing improved mill-feed grades and high gold recovery rates.

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Tharisa signs PGM offtake deal with Valterra Platinum subsidiary

Tharisa, a prominent South African PGM and chrome producer, has announced a significant multi-year offtake agreement with Valterra Platinum, a subsidiary of Rustenburg Platinum Mines. Commencing January 1, 2027, Valterra Platinum will purchase 50% of the PGM concentrate produced at Tharisa Mine, replacing Sibanye-Stillwater as an offtake partner while Northam Platinum retains the remaining 50%. This strategic partnership extends beyond PGMs, encompassing a collaborative exploration into fine chrome recovery and beneficiation, utilizing Tharisa’s advanced Vulcan X technology, and building on an earlier agreement for the Karo Platinum project.

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Europe’s tungsten revival: new issue of MINE out now!

The October 2026 issue of MINE magazine, released on October 15, 2026, offers a comprehensive analysis of critical shifts impacting the global mining sector, with a spotlight on Europe's strategic push to revive its tungsten industry. The publication delves into the geopolitical dynamics reshaping iron ore supply chains, advancements in underground automation, the volatile outlook for coal markets in 2027, and innovative mineral processing technologies, alongside a dedicated supplement on key developments in Australian mining.

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PLC Resources begins satellite geo-spectral survey at Abbotts Gold Project

PLC Resources has initiated a two-stage satellite geo-spectral survey at its Abbotts Gold Project in Western Australia's Murchison region. This advanced geophysical program, spanning 205km² and conducted by Geo Spectra, aims to precisely map alteration minerals and geological structures indicative of orogenic gold mineralization using a combination of hyperspectral and high-resolution satellite imagery. The initiative builds upon previous exploration efforts and is expected to deliver a prioritized target map within four to six weeks, significantly informing future drilling campaigns.

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SSR Mining to acquire Roxmore Resources in $464m all-cash deal

<p></p> <p>SSR Mining has announced its intent to acquire Roxmore Resources in an all-cash deal valued at approximately $464 million, securing control of the significant Converse gold project in Nevada. This strategic acquisition, positioned near SSR Mining’s existing Marigold operation on the prolific Battle Mountain-Eureka Trend, is projected to substantially boost the company's long-term gold production in the U.S. and leverage existing infrastructure for future development.</p> <p>

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Aurania concludes drilling at Thormódsdalur gold-silver site

Aurania Resources has concluded its 2026 drilling campaign at the Thormódsdalur epithermal gold-silver project in Iceland, completing eight diamond drill-holes totaling 780.70m. This campaign significantly improved core recovery to near 100% compared to previous efforts, crucial for accurate resource definition. The program, a joint venture with St-Georges Eco-Mining and its subsidiary Iceland Resources, focused on twinning historic drill sites and revealed strong geological indicators of a robust epithermal system, with assay results anticipated in November 2026.

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Energy Secretary Secures Mid-Atlantic Grid Ahead of Anticipated Stressed System Conditions

U.S. Secretary of Energy Chris Wright issued an emergency order on October 12, 2026, directing PJM Interconnection to stabilize the mid-Atlantic electrical grid, mitigating blackout risks ahead of a critical period. The order, effective October 13-16, 2026, authorizes PJM to dispatch specified generating units and deploy backup resources in response to elevated demand, extensive planned generator outages during autumn maintenance, and numerous transmission outages. This intervention aims to secure reliable power for millions of Americans and highlights the ongoing challenges of grid resilience amidst evolving energy policies, a concern with direct implications for the energy-intensive mining sector.

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Europe’s tungsten revival faces a race against China

Europe is witnessing a significant resurgence in its domestic tungsten mining sector, driven by global supply chain disruptions and China's strategic export controls. New and revitalized projects, such as Austria's Mittersill mine, are advancing to secure a vital industrial metal crucial for numerous high-tech applications. This concerted effort underscores Europe's push for supply chain resilience and independence in the face of increasing geopolitical and economic pressures, setting the stage for a critical race against dominant Chinese supply.

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First Au signs binding deal to buy Ida Valley gold project

First Au has announced a binding agreement to acquire the Ida Valley Project, comprising two gold exploration tenements in Western Australia's prolific Eastern Goldfields region, from TechGen Metals. The strategic acquisition, valued at A$200,000 in cash and shares, includes a substantial historical drilling database, which First Au plans to leverage for the rapid establishment of a maiden JORC-compliant mineral resource. This move is a key step in First Au's ongoing strategy to consolidate and expand its project portfolio within the highly prospective Ida Fault district.

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Neotech Metals appoints DRA for Hecla-Kilmer resource estimate

Neotech Metals has engaged DRA Global to conduct a National Instrument 43-101-compliant Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA) for its Hecla-Kilmer Rare Earth project in Ontario, Canada. This strategic move aims to transform the unique apatite-hosted project from an exploration story into a defined economic prospect, leveraging data from recent drilling campaigns and historical records, and addressing critical processing challenges in the Western rare earth supply chain. The project is notable as North America's only apatite-hosted rare earth development and is evaluating multiple co-products to enhance its economic viability.

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Energy Department Announces New Genesis Mission Awards to Advance Super Intelligence for Science

The U.S. Department of Energy (DOE) has announced 12 new Phase II Genesis Mission project awards, totaling $159 million, aimed at advancing Super Intelligence (SI) for scientific discovery. Launched in November 2025, the Genesis Mission seeks to accelerate U.S. leadership in science, medicine, and technology by integrating SI with advanced computing and research infrastructure. These projects include initiatives with significant implications for the mining sector, such as enhancing domestic critical rare-earth element extraction and optimizing subsurface resource management.

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Discovery to acquire McEwen’s Timmins mineral assets for $55m

Discovery Mining is set to acquire significant mineral properties in the prolific Timmins region from McEwen subsidiaries for $55 million, comprising $50 million in common shares and $5 million in cash. This strategic acquisition, adjacent to Discovery's prominent Dome Mine, is poised to bolster the company's ambitious plans for increased gold production by providing essential land for future processing and tailings infrastructure. The deal, anticipated to close in October 2026, also includes an amendment to an existing royalty agreement with Franco-Nevada, further solidifying Discovery's operational and financial strategy in one of Canada's premier gold camps.

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Codelco partially halts El Teniente mine after landslide

Codelco, the state-owned copper giant, has partially suspended operations at its historic El Teniente mine in Chile following a tragic landslide on October 12, 2026, which claimed the lives of two contractor employees from Aura Ingeniería. The incident, attributed to heavy rainfall, occurred in the mine’s south pit sector, prompting a multi-agency investigation and renewed focus on geotechnical stability and safety protocols in challenging operating environments. This event also follows a recent suspension of development at El Teniente's Andes Norte project due to seismic risk concerns, highlighting the complex geological challenges inherent to one of the world's largest underground copper mines.

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Traxys and Abenójar sign El Moto tungsten offtake deal

Traxys Europe and Abenójar Tungsten S.A. have formalized an exclusive, long-term offtake agreement for tungsten concentrate from Spain's El Moto project. This significant deal, announced on October 8, 2026, secures a vital supply of critical raw materials for global industries for at least ten years post-production commencement, directly addressing increasing concerns over global tungsten supply chain resilience, particularly given China's dominant market share and intensifying export controls. The El Moto project, designated as "strategic" under the EU Critical Raw Materials Act, is set to begin production in Q1 2029, with a forecast of over 4,000 tonnes per annum of contained tungsten trioxide.

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Guanajuato Silver completes tunnel linking San Ignacio and Bolanitos mines

Guanajuato Silver has announced the completion of a 267-meter underground production ramp linking its San Ignacio mine with the Bolanitos mining complex in central Mexico. This strategic tunnel, finished ahead of schedule in September 2026, is poised to significantly enhance operational efficiencies by improving haulage, cutting costs, and boosting ventilation between the two key silver-gold assets. The project also led to the discovery of new mineralized structures, prompting an immediate drilling program to assess further resource potential within the integrated operations.

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CleanTech Lithium signs agreements for Antofalla properties in Argentina

CleanTech Lithium has strategically expanded its footprint in Argentina's prolific Salar de Antofalla, securing option agreements for the Genoveva and Sal de Litio 1 properties in Catamarca Province. This move, adjacent to an Albemarle exploration project, reinforces the company's district-scale ambitions and positions it for future resource growth, with a drill program and maiden resource estimate planned for 2027. The acquisition underscores Argentina's growing importance in the global lithium supply chain amidst robust demand from electric vehicle and renewable energy sectors.

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Hertha Metals begins construction on US iron plant

Hertha Metals has commenced construction on its Hertha Chalyx plant in Conroe, Texas, marking a significant step towards re-establishing domestic high-purity iron production for the critical US rare earth magnet manufacturing sector. This facility, projected to produce 10,000 tonnes per annum of magnet-grade and steel-grade high-purity iron by early 2028, aims to mitigate a pronounced reliance on foreign supply, primarily from China, for essential industrial and defense applications. The project leverages Hertha’s innovative single-step iron production process, which promises lower costs and reduced emissions, utilizing domestically sourced iron ore and natural gas.

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Elevra Lithium to supply spodumene to LG Energy Solution

Elevra Lithium has forged a binding agreement with LG Energy Solution to supply 240,000 dry metric tonnes of spodumene concentrate from its North American Lithium (NAL) facility in Québec, Canada, over a three-year period beginning in 2026. This strategic deal, which includes an optional additional 90,000 dmt, aims to diversify Elevra's sales portfolio and secure a significant portion of NAL's output, utilizing a market-linked pricing mechanism reflective of lithium content. The agreement underscores the increasing importance of robust, geographically diversified supply chains for critical battery materials, reinforcing North America's role in the global energy transition.

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Energy Department Announces Alaska Railbelt Transmission Project to Receive Defense Production Act Funding, Securing Alaska Military Installations and Local Communities

The U.S. Department of Energy announced on October 5, 2026, its intent to deploy Defense Production Act (DPA) funding for the Alaska Energy Authority’s Beluga-Healy Transmission Project, a critical $418 million infrastructure initiative. This project, which will construct 223 miles of new high-voltage transmission line, aims to establish a second essential power connection between Southcentral and Interior Alaska, significantly bolstering grid reliability, reducing electricity costs, and supporting national defense assets, alongside vital mining and resource development activities across the state.

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EBRD provides up to $62m for greener Bulgarian copper mining

The European Bank for Reconstruction and Development (EBRD) has committed up to $61.6 million (€55 million) in financing to Asarel Medet, a Bulgarian copper producer, to modernize and decarbonize its open-pit copper mine in Panagyurishte. This strategic investment, announced on October 6, 2026, aims to boost operational efficiency, reduce greenhouse gas emissions, and enhance corporate governance, aligning with Bulgaria's transition to a greener economy and Europe's critical raw material needs.

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Supply chain shifts are reshaping Australia’s manganese sector

Australia’s manganese sector is at a critical juncture, possessing substantial resources but facing headwinds from ageing mining infrastructure, limited domestic processing capabilities, and evolving global trade policies. These shifts, highlighted in an analysis by Alejandro Gonzalez and Prasanna Aakula on October 6, 2026, are compelling a re-evaluation of the nation’s role in the global manganese supply chain, despite operations like GEMCO on Groote Eylandt serving as significant producers. The industry must navigate these challenges to fully leverage its resource endowment and meet increasing global demand.

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Glencore secures approval for MARA project in Argentina

Glencore has secured a pivotal approval for its Minera Agua Rica – Alumbrera (MARA) project in Argentina under the nation's new Incentive Regime for Large Investments (RIGI). This strategic development, announced on October 5, 2026, accelerates the timeline for first copper production from the Alumbrera mine restart to the second half of 2027, underpinning Argentina's ambition to become a leading global copper producer and signaling renewed confidence in its investment climate for major mining ventures. The MARA project is poised to deliver over 200,000 tonnes per annum of copper in concentrate for its initial decade of operation, leveraging existing infrastructure and fostering significant regional employment.

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PMET and Matagami sign LoI for spodumene rail trans-shipment

PMET Resources and the City of Matagami, Québec, have signed a Letter of Intent (LoI) on October 5, 2026, to establish a critical spodumene concentrate trans-shipment facility. This agreement is a pivotal step for PMET's wholly-owned Shaakichiuwaanaan Project, outlining a logistics plan that involves trucking concentrate to Matagami for onward rail transport to port, significantly advancing the project's infrastructure development and de-risking its path towards a final investment decision. The collaboration underscores Québec's growing importance in the North American critical minerals supply chain, particularly for electric vehicle battery components.

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Epiroc secures order from Sibanye-Stillwater for South African mine

Epiroc has secured a significant order from Sibanye-Stillwater to supply advanced underground mining equipment for the Siphumelele platinum shaft in Rustenburg, South Africa. This strategic investment, featuring low-profile loaders and versatile utility vehicles, is a cornerstone of Sibanye-Stillwater's initiative to mechanise operations, aiming to enhance safety, boost productivity, and extend the mine's operational lifespan. The agreement underscores a critical industry trend towards modernised mining techniques in challenging narrow-vein environments, reflecting a commitment to sustainable resource extraction and operational efficiency.

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NSW approves HVO coal mine continuation with conditions

<p><br /> New South Wales' Independent Planning Commission has approved the continuation of Hunter Valley Operations' (HVO) North and South open-cut coal mines, extending their operational lives to 2045 and 2042, respectively. The approval is contingent upon strict conditions aimed at mitigating greenhouse gas emissions, including requirements for Scope 3 management, renewable energy integration, and limiting exports to countries with Paris Agreement-consistent reduction policies. This decision, following extensive public consultation and regulatory review, highlights the complex balance between economic benefits and environmental stewardship in Australia's vital mining sector.</p> <p>

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Bell Bay Aluminium to continue operations until 2031

Rio Tinto's Bell Bay Aluminium smelter in northern Tasmania has secured its operational future until at least December 31, 2031, through a landmark agreement with the Australian and Tasmanian governments. This extension, supported by ongoing energy provision from Hydro Tasmania and additional government assistance, aims to bolster the smelter's competitiveness and preserve 550 direct jobs. The agreement arrives as Rio Tinto navigates complex environmental and social challenges, highlighted by a significant legal claim against its QIT Madagascar Minerals operation.

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ACDC Metals gains BLM permits for Mount Jackson drill campaign

ACDC Metals has secured vital environmental permitting approval from the US Bureau of Land Management (BLM) for its Mount Jackson gold-silver project in Nevada, paving the way for a maiden drilling campaign and a geophysical survey. This significant milestone, announced on October 1, 2026, allows the company to proceed with a 12 line-kilometre controlled source audio magnetotellurics (CSAMT) survey in October 2026 and up to 2,500 meters of reverse circulation (RC) drilling targeting the Pegasus and 3 Shaft zones in Q4 2026. The project, located in the geologically rich Walker Lane mineral belt, aims to build upon historical mineralization results and validate the understanding of the precious metals system.

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Riversgold submits mine plan for Kalgoorlie gold project in Australia

Riversgold Limited has submitted its Mine Development and Closure Proposal (MDCP) for the Northern Zone open pit at its Kalgoorlie gold project in Western Australia, marking a significant step towards commencing mining operations. This crucial regulatory submission, prepared in collaboration with MEGA Resources and Resources WA, outlines the project's operational and environmental plans, following the grant of its 21-year mining lease and the resolution of haul road access objections. The project's development funding is fully underwritten by MEGA Resources through a 50/50 cooperation agreement, extended to September 2027, significantly de-risking the venture for Riversgold.

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Lynas agrees to buy Meteoric Resources in $674m all-share deal

Lynas Rare Earths has agreed to acquire Meteoric Resources in an all-share deal valued at approximately $674 million, gaining access to the significant Caldeira ionic clay rare earth project in Brazil. This strategic acquisition is set to bolster Lynas's resource base, diversify its operations outside Australia, and strengthen its position in the global supply chain for critical rare earth elements, including neodymium-praseodymium and dysprosium-terbium oxides, vital for high-tech industries. The deal underscores the industry's drive to secure stable, non-Chinese sources of these essential materials.

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The United States Energy Department Continues Execution of Strategic Reserve Release Commitments

The U.S. Department of Energy (DOE) announced on September 29, 2026, a Request for Proposal for an exchange of up to 40 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). This action is part of the ongoing U.S. commitment to stabilize global oil markets and contribute to the 400-million-barrel release coordinated by the International Energy Agency. The exchange mechanism, which requires participating companies to return more oil than they borrow, simultaneously bolsters immediate supply and strengthens the SPR's long-term inventory without taxpayer expense.

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Hertha Metals raises $133m to build iron plant in US

Hertha Metals has secured $133.65 million in Series A funding, including a substantial $65 million equity investment from the US Government, to construct a pioneering high-purity iron plant in the United States. This facility, named Hertha Chalyx, will utilize the company's innovative Flex-HERS process to produce 10,000 tonnes of magnet-grade and steel-grade iron annually, critically addressing the nation's reliance on imported materials for rare-earth magnets essential to defense and technology sectors. The project aims to establish a robust domestic supply chain, promising reduced production costs and significantly lower emissions compared to traditional blast furnace methods.

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Jaguar gains approval for La Rosada in Argentina

Jaguar Uranium has secured crucial environmental approval for exploration activities at its La Rosada prospect in Argentina’s Chubut Province, a significant step forward for its flagship Laguna Salada uranium and vanadium project. This permit authorizes work across 59,895.3 hectares, representing the largest single exploration area approved within the 230,000-hectare project to date. The approval positions Jaguar to commence fieldwork following the winter season, applying systematic geochemical sampling, geological mapping, and advanced geophysical surveys to identify potential deep fluvial paleochannels.

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CoTec, Copper Intelligence sign agreement for DRC tailings

<p></p> <p>CoTec and Copper Intelligence have formalized a definitive joint venture agreement, announced on September 30, 2026, aimed at processing historical copper tailings across the Democratic Republic of Congo (DRC), particularly within its renowned Central African Copperbelt. This strategic alliance seeks to unlock significant value from decades of accumulated mining waste, leveraging CoTec’s specialized technologies and rigorous due diligence processes to recover critical copper resources. The initiative aligns with a growing industry trend towards sustainable resource recovery and addresses the increasing global demand for copper, positioning the DRC as a key player in the circular economy for base metals.</p> <p>

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Troilus secures $850m credit-approved debt commitments

Troilus Mining has secured an $850 million (C$1.21 billion) credit-approved debt commitment from KfW IPEX-Bank and Société Générale, a critical step towards fully funding its Troilus Gold-Copper Project in Québec, Canada. This commitment forms the core of a planned $1.1 billion total debt package, which includes a proposed $250 million from Export Development Canada, subject to final internal approvals. The financing features a three-year repayment grace period during construction and a ten-year, cash flow-aligned amortization, signaling a significant de-risking for the project and a milestone for the company.

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