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forbes.comThe government of French Polynesia intends to oppose an American company's application to explore for seabed minerals in international waters adjacent to its protected marine areas. President Moetai Brotherson said the territory was approached but not consulted on the plan.
Larvotto Resources has started staged commissioning of its Hillgrove processing plant in New South Wales. First crushed ore from the nearby Metz underground mine has moved into fine ore storage. The company is preparing to advance to wet-end commissioning.
themarketherald.com.auManhattan Gold Corporation reported high-grade gold assays from first-pass sampling at the newly acquired Vanquish prospect in Nunavut. The results expand the known mineralized footprint within the Hook Lake project and precede a planned drill program.
Pacgold completed drilling at the Vertigo deposit and recorded multiple shallow oxide gold intercepts. The results will feed into an updated resource estimate scheduled for the September quarter.
forbes.comAndrew Forrest agreed to purchase a 16.8% stake in the Sydney-listed tungsten producer from Oaktree Capital Management. Shares in the company rose after the transaction was announced.
True North Copper has agreed to sell its Bundarra copper project to Tec Minerals. The transaction includes cash, equity, and a royalty while directing funds to the company's Mt Oxide and Cloncurry assets.
winnipegfreepress.comA document sent to investors said the federal fuel tax credit, worth $622 million to BHP last year, reduces returns on emissions-reduction projects. The analysis followed earlier revelations that BHP had delayed or halted several Australian initiatives.
mining.com@business reported that shares in Sandvik and Epiroc declined after precious metal prices fell since the start of the year. The drop weighed on orders for mining equipment at the two companies.
Australia's only manganese alloy smelter halted operations permanently after a Tasmanian government loan default and unsuccessful buyer talks. Environmental obligations and a 23,000-tonne ore stockpile remain unresolved at the site.
cnbc.comUnionised staff at BHP's Port Hedland operations walked off the job at 2pm for an eight-hour stoppage. The action is the first major industrial dispute at the site in 25 years and is expected to cost the company and state government millions in lost revenue and royalties.
themarketherald.com.auBHP reported fourth-quarter iron ore production of 68.1 million tons, down 3 percent from the same period last year. Copper output declined 5 percent to 491,900 tons, while full-year iron ore production reached a record 264.7 million tons.
Workers at BHP's Port Hedland port will stop work for eight hours on Thursday. The Combined Ports Unions seek equal pay for equal work and an enterprise agreement covering conditions.
SemaforResearchers at the universities of Cambridge and Sheffield reported that each hectare of forest cleared for mines triggered an average of 34 additional hectares of loss. The multiplier reached 58 hectares in the Democratic Republic of Congo.
Union members at BHP's iron ore export terminal will stop work on Thursday following unsuccessful mediation. The action marks the first such strike in the Pilbara this century.
Abc NewsChina's top mine-safety official in Shanxi province is under investigation for corruption after a May gas explosion killed 82 workers. The probe follows a blanket inspection ordered by authorities.
mining.comDe Beers is stopping output at the Venetia mine, which accounts for 40 percent of South African diamonds. Gem prices have dropped 50 percent since 2022 amid weaker demand and lab-grown competition. Parent company Anglo American is seeking to sell the unit.
nypost.comThe province announced a three-year pause on new mineral claims while conservation planning proceeds for the site west of Invermere. Ktunaxa Nation has pursued protection of the area through court cases and campaigns for decades.
benzinga.comA draft policy would permit private companies to partner in Brazil's uranium sector. The state-owned nuclear firm must retain at least a 20 percent stake in each project. The measure appears in a document reviewed by Bloomberg.
themarketherald.com.auThe company finished its largest drilling program at the McLaren titanium project, recording heavy mineral grades up to 34.6 per cent. The campaign covered 663 holes and 11,568 metres and targeted resource upgrades and potential extensions.
mondoweiss.netThe Federal Ministry of Solid Minerals Development detained Danladi Isa and Musa Kabiru at an artisanal camp in Ileki-Ijesa on July 13. Officials confiscated equipment and sealed the site under the Nigerian Minerals and Mining Act. The two suspects are assisting investigators to…
themarketherald.com.auRegis Resources will not match a US$3.9 billion offer for Vault Minerals from Genesis Minerals. Vault plans to end its scheme with Regis and sign with Genesis, triggering a A$50.7 million break fee.
livemint.comChile's state-owned copper company and two major mines reported lower May production compared with a year earlier. The data were compiled by Cochilco and distributed via @FirstSquawk.
BHP and Rio Tinto have pushed back their planned deployment of 240-tonne battery-electric haul trucks from the end of this decade into the 2030s. Fortescue is proceeding with an earlier timeline and plans to replace its entire diesel fleet by 2030.
finance.yahoo.comArgent BioPharma agreed to license its CannEpil epilepsy drug to Splash Beverage Group in exchange for debt forgiveness. The Sydney Morning Herald reported the transaction removes a US$5.5 million convertible-note liability while retaining royalty rights for Argent.
Dr Huw McKay said a calibrated carbon price would drive faster decarbonisation at major resources firms after leaked documents showed BHP delaying Pilbara renewables projects. The company has met its 2030 target but continues acquiring diesel trucks while trialling electric equip…
news.sky.comMP Materials, Energy Fuels and Phoenix Tailings, which have received billions in US government support, are directing rare earth products to Asian buyers. Domestic magnet production capacity remains limited compared with Japan and South Korea.
theverge.comChinese firms supplied crushing and screening machinery that restarted operations at the Karansky Quarry near Myrne village. The site now supplies stone for construction projects across Russian-occupied areas of Ukraine. washingtontimes.com reported the developments based on occu…
loudwire.comAn international arbitration court and the High Court of England and Wales ordered Engineers & Planners to stop occupying the Black Volta gold mine and return it to Azumah Resources investors. The Ghanaian company, founded by the brother of President John Dramani Mahama, has refu…
A Queensland court ordered the contractor to pay the fine and costs after Gavin Feltwell, 59, died at Moranbah North coal mine. The company pleaded guilty but received no conviction.
Venus Metals has started reverse-circulation drilling beneath its Bellchambers gold deposit in Western Australia. The program targets a higher-grade zone that could add up to 60,000 ounces to the existing 31,400-ounce resource.
themarketherald.com.au@business reported that Genesis Minerals submitted a binding offer to acquire Vault Minerals. The deal is structured as a scheme of arrangement valued at $3.9 billion. No further terms or timelines were disclosed in the report.
foxbusiness.comMP Materials operates the only active rare earth mine in the United States. The Trump administration has supported the project to reduce dependence on Chinese supply of materials used in defense and consumer products.
themarketherald.com.auThe company will seek up to NZ$5 million through a placement to wholesale investors and NZ$3 million via a share purchase plan. Both offerings are priced at NZ$0.25 per share.
theconversation.comState officials announced a review of financial requirements for mine cleanup costs. Environmental advocates warned that weaker rules could shift expenses to taxpayers.
globalnews.caLode Gold Resources Inc. announced Monday that it has started engineering studies at the Fremont Gold Mine in Mariposa County. The site holds an estimated 1.98 million ounces of gold valued at roughly $8.21 billion based on July 2026 prices. Only about 8 percent of the deposit ha…
mining.comChilean firms SQM and Codelco intend to expand production at their joint lithium operations. The increase exceeds 70 percent and aligns with long-term battery demand growth. @business reported the plans.
themarketherald.com.auA Western Australia judge ruled that Hancock Prospecting, Gina Rinehart, and two of her children must cover the majority of legal costs from a royalties dispute over iron ore mines. The ruling follows an earlier decision that Hancock Prospecting owes hundreds of millions of dolla…
deadline.comReveille Resources will join London’s Aquis exchange this week to focus on two historic uranium sites in Lombardy. Licence applications for the deposits were filed last year.
Forrestania Resources obtained firm commitments to raise $310 million through an institutional share placement. The funds will complete the purchase of the Edna May gold processing facility in Western Australia and support plant refurbishment.
msnbc.comFirms linked to the sons of President Trump and Commerce Secretary Howard Lutnick took stakes and earned fees after the families helped secure a tungsten mining contract in Kazakhstan. The $1.6 billion project was signed in November.
themarketherald.com.auThe Nyanzaga Gold Project has contributed 457.7 billion Tanzanian shillings to the economy as of June 29, 2026. Commercial production is set to begin in the first quarter of 2027 at the Sengerema site.
Flagship Minerals finished pilot-scale metallurgical drilling and trenching at its Isidora gold project in Chile. The company has shifted to resource growth drilling ahead of an updated mineral resource estimate.
mining.comA U.S. company received preliminary approval for up to $1.6 billion in federal financing to develop a tungsten project in Kazakhstan. The agreement was reached after a September meeting that included a phone call from President Trump.
themarketherald.com.auAn agreement between the U.S. and Kazakhstan grants American investors access to one of the world's largest untapped tungsten reserves. The deal involves a group of investors with ties to the president and the commerce secretary.
thezimbabwemail.comFinance Minister Mthuli Ncube said on June 26 that Zimbabwe's ban on raw lithium exports paired with local processing incentives has been well received by investors at the World Economic Forum in Dalian, China. The policy aims to increase export earnings and develop downstream in…
themarketherald.com.auREalloys agreed to a private placement of common stock with institutional investors. The deal is expected to raise roughly $100 million and close on June 26.
raskmedia.com.auDebswana Diamond Company unveiled its 2025-2029 Transformation Strategy at a launch event in Orapa. The plan targets a reduction in operational costs from P9 billion to P6 billion by 2028 amid falling diamond prices. Company officials said the measures are needed to avoid closure…
SemaforLithium miners in Zimbabwe asked the government for more time to build processing facilities before a January 2027 ban on concentrate exports. The request follows recent government measures including quotas and higher royalties on raw exports.
CoinDeskJPMorgan reports that bitcoin's mining network has grown more responsive to price moves as a larger share of operators run near breakeven. The bank says bitcoin has traded below its estimated $78,000 production cost for five straight months.
New York PostThe head of the Inter-American Development Bank met privately with the pope on Friday to present arguments for rare earth mining in Latin America. The discussion addressed environmental standards, labor conditions, and local economic benefits.
redir.folha.com.brIlan Goldfajn met privately with Pope Leo XIV in Rome on Friday to discuss safeguards for critical mineral projects in Latin America.
ABC NewsThe head of Latin America's top development bank met privately with Pope Leo XIV to discuss rare earth mining potential. The Vatican has previously called for divestment from mining companies.
cicnews.comThe province has approved a shift from open-pit to underground block-cave mining at the Red Chris copper-gold mine. Officials said the change will increase ore processing to 15 million tonnes per year and extend operations by more than a decade.
West Wits Mining has finalized loan agreements totaling A$96.7 million with two South African banks to fund development of the Qala Shallows gold mine. The financing covers a senior loan, working capital facility, and cost overrun buffer.
cicnews.comPrime Minister Mark Carney said the Canadian government ended the Canadian Ombudsperson for Responsible Enterprise months ago after it completed only one investigation since 2019.
abcnews.go.comMining companies in Congo have asked authorities to postpone a requirement that would give workers a 5% equity stake before the July deadline. The request comes as firms prepare compliance steps.
Vedanta's Konkola Copper Mines plans to build a $317 million coal-fired power plant in southern Zambia. The project aims to supply electricity to its mining operations.
CoinDeskVanEck estimates the sector needs $221 billion long-term if plans proceed. Only 25% of leased AI capacity has been delivered so far.
BloombergA group headed by Gareth Penny has taken the lead in acquiring the world's biggest diamond miner after the Iran war limited competing offers.
A unit of Hancock Prospecting has applied to reopen the Grassy Mountain mine in Alberta. The project was previously rejected over environmental concerns. A petition drive is underway to seek a moratorium on new coal projects in the eastern Rockies.