Mining
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nbcnews.comStudy Finds Rock Discontinuity Density Shifts Mining Overburden Failure Mode and Lowers Critical Width-to-Depth Ratio
A paper published June 3 in Scientific Reports models how fracture density in rock alters subsidence patterns above underground coal mines. Researchers built UDEC simulations and compared them with field cases from China's Ordos coalfield.
manilatimes.netMink Ventures Raises $882K in First Tranche of Private Placement Amid Dilution and Related-Party Insider Purchases
Mink Ventures Corporation raised gross proceeds of $881,920 on June 2, 2026, through the first tranche of a non-brokered private placement originally announced May 12. A second and final closing is expected in mid-June.
calgaryherald.comElliott Takes $718M Stake in Northern Star Resources, Urges Sale or Strategic Review
The hedge fund disclosed a stake exceeding AUS$1 billion and urged a strategic review of the Australian gold miner, citing repeated missed guidance and peer underperformance.
japantimes.co.jpCentral Asia Metals to Acquire Cygnus Metals for A$232 Million in All-Scrip Deal
Central Asia Metals PLC agreed to buy Cygnus Metals Limited through an Australian scheme of arrangement. The transaction values Cygnus at A$232 million and adds the Chibougamau copper-gold project in Québec to CAML's portfolio.
SemaforDR Congo Adds Lithium to Higher-Tax Strategic Minerals List
The Democratic Republic of Congo placed lithium in a higher 10% royalty bracket along with four other minerals. The move targets increased government revenue from mining operations in the southeastern region.
Blast at Myanmar Explosives Warehouse Kills at Least 46
An accidental explosion at a warehouse storing mining explosives killed at least 46 people, including six children, in rebel-held Kaung Tat village in Myanmar's Shan State. Rescue teams reported dozens more injured and hundreds of homes damaged.
Trilogy Metals Enters Material Definitive Agreement
Trilogy Metals Inc. disclosed entry into a material definitive agreement on June 1, 2026. The pact alters the company's contractual obligations and sets new operational and filing timelines for the Alaska-focused miner.
manilatimes.netAtlas Salt Inc. Announces $10 Million Bought Deal Private Placement
Atlas Salt Inc. entered into an agreement to sell 8,333,400 common shares at $1.20 each for gross proceeds of $10,000,080. The deal includes an option for underwriters to purchase up to 15 percent more shares.
ForbesResolution Copper Completes Congressionally Mandated Land Exchange in Arizona
The project advanced in March 2026 after a decade of review. It targets mid-2030s production and $1 billion-plus annual economic impact.
thehindu.comFive Workers Die in Mine Collapse in Southwestern China
A collapse at a mine in southwestern China killed five workers, following a gas blast at a coal mine in Shanxi earlier this month that killed at least 82 people.
indiatoday.intoday.inMining pits scar India's Aravalli mountains, threaten desert buffer
Large-scale mining has carved deep pits into the ancient Aravalli range. The activity endangers a forested area that shields New Delhi from desert winds.
nypost.comFour Gold Miners Freed After More Than a Week Trapped in Flooded Cave
Rescuers in Las freed four additional gold miners one day after another man was extracted from the same flooded cave. The operation concluded a period of more than a week during which the group remained underground.
limerickpost.ieK92 Mining Elects Michael Carew to Board of Directors
K92 Mining Inc. elected Michael Carew to its board at the annual general meeting on May 29, 2026. Carew will serve on the audit and health and safety committees.
benzinga.comSilvercorp Metals Reports Record Revenue and Cash Flow for Q3 FY2026
Silvercorp Metals reported revenue of $126 million and operating cash flow of $133 million for the third quarter of fiscal 2026. The company recorded a net loss due to a non-cash charge but posted adjusted net income of $47.9 million.
riotimesonline.comMining acquisition faces delays over Mali operations
A proposed $4 billion mining deal has encountered delays. The target company's largest operation is located in Mali, where authorities have detained foreign executives in recent years.
France 24Kabwe Residents Face Lead Exposure from Past Mining Operations
Residents of Kabwe, Zambia, continue to encounter lead in soil and dust decades after mining ended. Local health effects include documented cases of lead poisoning among children. France 24 reported on the situation in a video segment released on its website.
France 24Zambia’s Kabwe Residents Sue Mining Company Over Lead Contamination
Children in Kabwe, Zambia, show blood lead levels above World Health Organization limits after decades of mining. An estimated 140,000 women and children have joined a class-action lawsuit against Anglo American South Africa Limited.
themarketherald.com.auBrazil Rare Earths Miner Plans Sales to U.S. and European Buyers
A Brazilian rare earths company announced it will direct output to U.S. and European customers rather than Chinese buyers. The decision follows recent shifts in global supply chains for critical minerals.
Aggreko to Build Off-Grid Hybrid Plant for Eva Copper Mine
Global energy company Aggreko will construct Australia's largest off-grid renewable hybrid power facility at the Eva Copper Mine in North West Queensland. The 15-year project will supply 72 megawatts of power using solar, battery storage and thermal generation.
nationalobserver.comBHP Keeps Fossil Fuel Investments
BHP continues to hold positions in coal and oil while other mining companies increase spending on copper and battery metals. The approach has drawn attention from investors focused on long-term returns.
REalloys Signs 15-Year Offtake Deal for Greenland Rare Earth Output
REalloys signed a 15-year agreement last Thursday to purchase 15 percent of Phase 1 production from the Tanbreez deposit in southern Greenland. The deal supplies heavy rare earth elements including dysprosium and terbium for use in defense and industrial applications.
finance.yahoo.comCodelco and SQM Plan $3 Billion Investment in Lithium Extraction Technology
The two Chilean companies will spend $3 billion on new extraction methods at their Atacama Desert joint venture. The funding targets lithium production facilities in the region.
benzinga.comRio Tinto Reviews Glencore Merger After Price Increase
Rio Tinto is evaluating whether to pursue a renewed bid for Glencore after the target’s share price increased. The review follows earlier discussions between the two mining companies.
finance.yahoo.comMalawi Mining Project Seeks Nasdaq Listing, Renews Sovereign Wealth Fund Debate
Mkango Resources filed documents with the U.S. Securities and Exchange Commission to list its rare earth mining unit. The filing has prompted discussion about establishing a sovereign wealth fund to manage future revenues from the Songwe Hill project.
indianexpress.comChina Mining Accident Renews Focus on Coal Sector Safety
A recent mining incident in China has drawn attention to ongoing safety issues in the coal industry. The event has prompted discussion about energy policy and worker protection measures.
BHP Internal Documents Show Limited Emissions Cuts at Western Australia Mines
Leaked documents indicate BHP's Western Australia iron ore operations are projected to reduce emissions by about 1 percent by 2030. The documents also outline delays in renewable energy projects and electric equipment.
sabcnews.comRescuers Search for Two Missing After China Mine Blast Kills 82
Search teams continued work Sunday for two people unaccounted for after a gas explosion at a mine in northern China. Authorities said the facility had serious safety violations.
Rescuers Search for Survivors After Shanxi Coal Mine Blast Kills 82
Rescue teams continued operations Sunday at the Liushenyu coal mine in Shanxi province after a gas explosion Friday evening killed at least 82 miners. Two miners remain missing and dozens are hospitalized.
ABC NewsCoal Mine Explosion Kills 82 in Northern China, Nine Remain Trapped
A coal mine explosion in Changzhi City killed at least 82 workers and left nine others trapped underground. Rescue operations continue at the Liushenyu mine in Shanxi Province.
betakit.comEric Sprott Holds 98 Percent of Fortune in Gold and Silver
Canadian investor Eric Sprott has built a roughly $3.3 billion net worth by concentrating nearly all of his holdings in gold and silver assets. His portfolio includes stakes in more than 200 mining companies, with the largest position in Hycroft Mining Holding Corp.
ABC NewsExplosion at Chinese Coal Mine Kills at Least 82, Leaves Nine Missing
A blast at the Liushenyu coal mine in Shanxi province killed at least 82 workers and left nine others unaccounted for. Rescue teams are searching the site while officials investigate the cause.
yahoo.comYukon Eagle Gold Mine Cleanup Costs Reach $301 Million
Financial records show the receiver has spent $301 million on cleanup at the Eagle Gold Mine since August 2024. The Yukon government has loaned $185 million of a $220 million maximum to cover part of the costs.
ecns.cnZimbabwe Bans Foreign Companies and Individuals From Small-Scale Gold Mining
Zimbabwe has prohibited foreign companies and individuals from participating in small-scale gold mining. The policy targets local job protection and domestic economic benefits.
thehindubusinessline.comCodelco Plans to Integrate Three Copper Mines for $2 Billion in Savings
Codelco announced plans to combine operations at three copper mines to generate $2 billion in combined cost savings and new revenue. The state-owned Chilean company is addressing stagnating output and rising debt.
Nunavut Hunters and Trappers Seek More Consultation on Baffinland Steensby Project
Hunters and trappers associations from three Nunavut communities are requesting additional consultation before new permits are issued for Baffinland's proposed Steensby Inlet expansion. The groups cite concerns over potential effects on marine mammals and caribou from year-round…
nbcnews.comSherritt Signs Preliminary Deal to Sell Majority Stake to Gillon Capital
Sherritt International Corp. signed a non-binding agreement with Gillon Capital LLC that would give the buyer a 55 percent stake. The Toronto-based mining company faces U.S. sanctions on its Cuba operations.
foxnews.comMontana Considers Changes to Precious Metals Mining Limits
Montana is considering changes to rules that have restricted precious metals mining for three decades. The move comes as the U.S. mining sector shows renewed activity.
moneymorning.com.auKazakhstan Mining Production Expands as Water Supplies Face Pressure
Kazakhstan's mining output is increasing while national water resources face stress from climate change, aging infrastructure, and population growth. New water regulations introduced in 2025 require companies to adopt conservation measures, though enforcement remains limited.
benzinga.comAgnico Eagle to Redevelop Hope Bay Gold Mine in Nunavut
Agnico Eagle Mines Ltd. will restart development of its Hope Bay gold mine project in Nunavut. The company estimates initial capital costs at US$2.4 billion and annual production between 400,000 and 435,000 ounces.
dailyreckoning.comAfrica Metallic Resources Secures U.S. Sanctions Clearance for Liberia Iron Ore Deal
Africa Metallic Resources has received clearance from the U.S. Office of Foreign Assets Control to acquire the Putu Iron Ore concession from Severstal. The approval removes a key regulatory barrier in the transaction.
rnz.co.nzGhana Proposes 30% Gold Sales Requirement for Large Mines
Ghana plans to require large-scale gold mines to sell at least 30% of annual output to the central bank. The measure aims to increase local refining and strengthen foreign-exchange reserves.
benzinga.comBitcoin Miner HIVE Plans 320MW AI Data Center in Toronto
Bitcoin mining company HIVE announced plans to build a 320-megawatt AI data center in Toronto. The project is expected to support more than 100,000 GPUs. HIVE shares rose 35 percent after the announcement.
gizmodo.comEPA Shuts Down Nugget Era Mining in Gbarpolu for Operating Without Permit
The Environmental Protection Agency closed a gold mining site in Gbarpolu County after finding it lacked required environmental permits. Residents reported that operations had polluted their main drinking water source.
finance.yahoo.comAnglo American to Sell Australia Coal Business for $3.9 Billion
Anglo American has agreed to sell its Australian coal operations to privately owned Dhilmar for $3.9 billion. The transaction supports the company's ongoing restructuring efforts.
designboom.comStudy Examines Airflow Velocity in Irregular Mine Roadways
Researchers used computer models and field tests to map airflow patterns in mine tunnels with irregular shapes. The work identifies where average wind speed occurs and aims to improve sensor placement for ventilation safety.
deccanchronicle.comCritical Mineral Demand Rises as Countries Expand Renewable Energy
Governments are increasing efforts to secure supplies of lithium, cobalt, copper, and nickel. UN agencies and Indigenous groups have raised concerns about environmental and social effects in developing countries.
nationalpost.comAustralian Court Orders Fortescue to Pay First Nations Group
A court ruled that Fortescue must pay a First Nations group for land use. The payment amount is small relative to the company's size. The decision marks a legal recognition of the group's claim.
uctoday.comReporter Traces South American Gold to Royal Canadian Mint
A New York Times investigative reporter examined the origins of gold used by the United States Mint for investor-grade coins. The inquiry revealed that gold originating in South America was mixed with U.S. gold and sent to the Royal Canadian Mint for refining. The Royal Canadian…
asiaone.comBolivian Police Use Tear Gas on Miners Trying to Storm Presidential Square
Police in Bolivia's capital fired tear gas at protesting miners who attempted to enter the main presidential square. The miners were demanding the president's resignation after weeks of anti-government demonstrations. The incident occurred as part of ongoing protests in the count…
investorideas.comAmex Exploration Receives TSXV Conditional Acceptance for LIFE Offering and Private Placement
Amex Exploration Inc. said it received conditional acceptance from the TSX Venture Exchange for its previously announced LIFE Offering and concurrent private placement. The company expects to close the LIFE Offering and first tranche of the concurrent placement on May 21, 2026 fo…
SemaforAngola Seeks Mining Investment Instead of Export Bans
Angola will not impose export quotas or bans on mining companies, a senior minerals minister said on May 15, 2026. The country aims to attract private investment to build domestic processing facilities. This approach differs from export restrictions enacted by DR Congo on cobalt…
SemaforAfrican Leaders Demand Local Processing of Minerals
Nigerian President Bola Tinubu said no one can export metal from Nigeria without adding value. Gabon’s president criticized opaque mining deals and ordered domestic processing by 2029. The statements were made at the Africa CEO Forum in Kigali as African countries seek to capture…
finance.yahoo.comChina Miner Seeks Clarity on Congo Cobalt Export Quota
A Chinese mining company has requested additional details on the Democratic Republic of Congo's cobalt export policy after receiving a lower-than-expected quota. The company stated that the allocation fell short of its expectations and that questions remain about how the restrict…
Al JazeeraExplosions Heard During Antigovernment Protest by Mining Groups in Bolivia
Demonstrators led by mining groups and rural unions clashed with police in La Paz on May 14 as small explosions occurred amid the protest. The action follows weeks of road blockades over Bolivia's economic crisis. Officials met with some protesters but rejected calls for the pres…
GristBrazilian Mining Agency Maintains Permits in Amazon Despite Gold Laundering Indicators
An investigation by InfoAmazonia found that nearly half of 540 mining permits in the Tapajós River basin in Pará state declared gold production between 2022 and 2026 without evidence of corresponding extraction. The permits, known as PLGs, were originally created in 1989 for smal…
benzinga.comAlaska Silver Corp. Names New Director Following Officer Departure
Alaska Silver Corp. reported the election of a new board member and the departure of a principal officer in an 8-K filing. The changes trigger updated disclosures and potential follow-on regulatory filings within standard SEC deadlines.
france24.comDRC Presidential Guard Detains Nyota TV Journalist After Kolwezi Mining Erosion Report
Camera operator Stéphane Shisso has been held for more than four months without charge or court appearance following a report on mining-induced erosion in Kolwezi. His colleague Guelord Shamba remains in hiding. AllAfrica reported the details, citing the Committee to Protect Jour…
Abc NewsHonduras Arrests Former Mayor Accused in 2024 Killing of Environmental Activist
Honduran authorities arrested a former mayor of Tocoa and two others on Tuesday for allegedly planning the assassination of Juan López, an environmental defender killed in September 2024. López had campaigned against an iron oxide mining project in Colón province. The case has dr…
finance.yahoo.comEquinox Gold Agrees to Acquire Orla Mining in $5.1 Billion Deal
Equinox Gold agreed to acquire Orla Mining in a cash-and-stock transaction that values the Canadian miner at about $5.1 billion. The companies announced the deal on Wednesday. The agreement combines two gold producers operating primarily in the Americas.
mining.comWyoming Mine Seeks to Expand Domestic Rare-Earth Element Production
A mine in Wyoming is working to increase U.S. output of rare-earth elements used in electronics, electric vehicles and fighter jets. China currently controls the majority of global supply and processing capacity. The project is part of broader efforts to develop domestic sources.