News
Northern Territory Mineral Production Reaches Record $6.08 Billion
The value of Northern Territory mineral production has surged to a record A$6.08 billion in 2025/26, representing a 39.6 per cent increase on the previous year. The result comfortably surpasses the previous record of A$4.93 billion set in 2018/19,...
Africa
Wärtsilä to Supply 14MW Power Plant for Senegal Gold Project
Fortuna Mining's Diamba Sud Gold Project in Senegal will receive dedicated power infrastructure after an order was placed for five Wärtsilä 32 engines to support a 14MW power plant at the remote gold mining site. The captive power plant...
News
Strategic Investment Advances Alaska Critical Minerals
Definitive agreements have been executed for an approximately US$35.6 million strategic investment by the US Department of War into the Ambler Metals joint venture structure, advancing the development of critical mineral projects in northwestern Alaska. The transaction involves both...
COPPER
Codelco Profit Surges as Copper Prices Offset 11% Production Decline
Chile's state-owned miner Codelco reported a sharp jump in first-half 2026 earnings, with higher copper prices more than compensating for an 11% decline in Codelco copper production and rising operational costs across several of its flagship mines.
The company posted...
Europe
Boliden’s Nexa Resources Acquisition Expands Its Base-Metals Portfolio
Boliden has entered into a definitive agreement with Votorantim to acquire all of Votorantim's shares in Nexa Resources, a deal that would give Boliden a controlling 64.68% stake in the Latin American base-metals producer. The Nexa Resources acquisition implies...
COPPER
South American Nations Deepen Cooperation on Strategic Minerals
Chile, Argentina, Bolivia and Peru have signed a joint declaration aimed at deepening regional cooperation on strategic minerals, with copper and lithium at the centre of the agreement. The four South American nations are seeking to strengthen their collective...
News
US Commits $750 Million to Serra Verde Rare Earth Project
The US Department of War has committed $750 million to an investment vehicle supporting an offtake agreement for mixed rare-earth carbonates from the Serra Verde Rare Earth Project in central Brazil. The announcement represents one of the largest single...
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