A fresh drilling phase has begun at Lotus Resources Limited’s Letlhakane Uranium Project in Botswana. The purpose of this drilling is to improve the current Mineral Resource Estimate and produce metallurgical test samples for a Pre-Feasibility Study that is planned for the second half of 2026. Highlights Infill drilling has commenced at Lotus’ world-class Letlhakane […]

China and Malaysia are in early talks for a project to process rare earths, with sovereign wealth fund Khazanah Nasional likely to partner with a Chinese state-owned firm to build a refinery in the Southeast Asian nation, people familiar with the matter said. If the joint venture takes shape, it would represent a significant policy […]

The Gladstone Power Station (GPS) Joint Venture confirms that CS Energy has formally notified the Australian Energy Market Operator (AEMO) of the potential retirement of GPS in March 2029, aligning with the expiry of existing supply and operational arrangements. The notification ensures compliance with the National Electricity Rules to provide notice of closure of electricity […]

Goldman Sachs lowered on Thursday its global copper mine supply forecast for 2025 and 2026 following a disruption at Indonesia’s Grasberg, the world’s second-largest copper mine. The incident, which occurred on September 8, trapped workers underground due to heavy mud flow, prompting operator Freeport-McMoRan to declare force majeure. The bank estimates there will be a total loss […]

China, the world’s biggest copper smelter, is studying ways to strengthen regulation on the expansion of smelting capacity, a state news outlet said on Thursday, as record low processing fees have curbed profits. Chen Xuesen, vice chairman at the China Nonferrous Metals Industry Association, was quoted as telling a meeting on Wednesday that low concentrate […]

China’s net gold imports via Hong Kong in August fell 39.11% from July, Hong Kong Census and Statistics Department data showed on Thursday. WHY IT’S IMPORTANT As the world’s leading gold consumer, China’s purchasing activities can significantly influence global gold markets. The Hong Kong data may not provide a complete picture of Chinese purchases, as […]

Introduction The integrated use of drone and laser scanning technology is transforming blast monitoring in industries like mining and construction, offering unprecedented levels of safety, accuracy, and efficiency. These technologies provide a comprehensive and detailed understanding of the entire blasting process, from initial site assessment to post-blast analysis, ultimately leading to optimized results and a […]

Highlights: Formation has commenced a fully funded 10,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.5 g/t Au (~809,000 oz Au) across four zones (A, East, RJ-East, and Central)2,3 and 243 Kt grading 7.82 g/t Au […]

Introduction The profitability of mining operations is intricately linked to two key financial obligations: royalty agreements and the government take. These mechanisms, while distinct, work in tandem to determine the ultimate economic viability of a project, influencing everything from initial investment decisions to ongoing operational sustainability. Royalty agreements represent a direct payment to resource owners, […]