NewsRoom Articles - MiningNewsWire

MondayAug 31, 2026 9:45 am

Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) Targets Rare Earth Market as Defense and Energy Demand Reshape Supply Chains

Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising. Powermax has a portfolio of rare earth element projects across Canada and the United States, positioning itself within a market increasingly tied to energy and national security. Projects include Atikokan and Pinard in Ontario, Cameron in British Columbia, and Ogden Bear Lodge in Wyoming, with 2026 exploration work focused on converting geophysical and geochemical anomalies into prioritized targets for follow-up exploration. Demand for magnetic rare earth elements is projected to rise sharply, with McKinsey estimating growth from 59,000 tonnes in 2022 to 176,000 tonnes…

FridayAug 28, 2026 10:00 am

Ivanhoe Close to Inking $1.1 Billion Loan from Exim Bank

Ivanhoe Electric, a mineral exploration and extraction firm, may soon secure $1.1 billion in debt financing from the U.S. Export-Import Bank for the development of its Santa Cruz copper project in Arizona. The project is located roughly 65 kilometers southeast of Phoenix and is expected to become one of the first major new copper mines in the U.S. in nearly two decades. This comes as demand for the red metal continues to rise globally. Just recently, the U.S. Export-Import Bank (EXIM) increased the potential loan by roughly one-third from the amount outlined in its letter of interest from last year, following completion of its preliminary due diligence. The financing development comes shortly after President Donald Trump expressed support for funding Santa Cruz during a mining roundtable at the State Department earlier this month. …

FridayAug 28, 2026 9:45 am

Gold’s Resilience Signals a Changing Market as Lahontan Gold Advances Santa Fe Toward Potential 2027 Restart

Disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid advertising. Gold has demonstrated remarkable resilience despite periodic pressure from higher bond yields, while central-bank buying, geopolitical uncertainty and concerns surrounding currencies and sovereign debt continue supporting demand for the precious metal. China's move to restrict certain retail paper-gold products could further reshape investor demand, although the long-term impact on physical gold remains uncertain. For Lahontan Gold, a sustained gold market could provide an important backdrop as the company advances its flagship Santa Fe Mine toward a potential return to production in 2027 following a…

ThursdayAug 27, 2026 10:00 am

Gold, Bitcoin Rally Sharply as US Treasury Buyback Announced

Gold and Bitcoin surged recently as developments in the U.S. bond market, a weaker dollar, and renewed support for cryptocurrency in Washington pushed investors toward alternative assets. Bitcoin, which had fallen from about $95,000 at the start of the year to below $60,000 by the end of June, climbed above $77,000. Gold followed a similar path, rising to $4,661 even as higher interest rates made bonds and other income-producing investments more appealing. The rally began to accelerate last Wednesday after the U.S. Treasury announced plans to substantially increase its purchases of longer-term Treasury securities. The move was designed to ease…

WednesdayAug 26, 2026 10:30 am

Numa Numa Resources Inc. Advances Diversified Mining Portfolio Anchored by World-Class Copper and Gold

Disseminated on behalf of Numa Numa Resources Inc. and may include paid advertisements. The demand backdrop for what Numa Numa is working to develop is well documented. Numa Numa is pursuing the reconstruction of Panguna as its flagship long-term project, working in partnership with the mine’s customary landowners. Taken together, Numa Numa’s portfolio reflects a coherent and integrated development strategy rather than a collection of unrelated bets. The global mining industry is under real pressure to find and develop new sources of copper, gold and critical minerals as existing deposits deplete and new large-scale discoveries become harder to bring online. Numa Numa Resources is…

TuesdayAug 25, 2026 10:00 am

Almost 70% of Exchange-Held Copper Now Sits in the US

The United States consumes roughly 6% of global copper, yet now holds nearly 70% of the copper stored across major global futures exchanges: the London Metal Exchange, COMEX, and the Shanghai Futures Exchange. Ole Hansen, Saxo Bank’s Head of Commodity Strategy, argues that this unusual concentration is largely driven by expectations of America imposing tariffs on imported refined copper. Traders have been moving copper into the U.S. ahead of a possible tariff because metal already inside the country could become more valuable if duties are introduced. This comes after the U.S. Commerce Department proposed gradually increasing tariffs, although the final decision remains pending. At the same time, strong Chinese demand, particularly from the country’s expanding energy-transition industries, is keeping pressure on…

FridayAug 21, 2026 10:00 am

China Leads in Renewable Energy Waste as Grids Struggle to Cope

China is highlighting a growing problem in the global transition to renewable energy: electricity grids are struggling to absorb rapidly expanding supplies of renewable power. In the first six months of this year, China discarded about 360 TWh of clean energy. This figure is nearly 50% higher than figures from last year and makes up enough power to meet Mexico’s needs for a whole year. Renewable energy curtailment occurs when electricity from wind or solar projects is deliberately reduced because the grid cannot accommodate the available supply. The issue is becoming increasingly widespread and highlights why fossil fuels remain important in some power systems despite rapid renewable-energy growth. China’s difficulties are linked largely to limited transmission capacity and arrangements that prioritize electricity from newly constructed coal plants. Wood Mackenzie analyst Yuan…

ThursdayAug 20, 2026 10:00 am

Venezuelan Government to Repatriate 31 Tons of Gold Reserves from London

The Venezuelan government, in collaboration with opposition leaders, has reached an agreement to work together to secure the return of roughly 31 tons of the country’s gold reserves currently held by the Bank of England. The proposed move comes as the South American country seeks financial resources for reconstruction after a series of devastating earthquakes earlier this year. According to recent reports, the bullion is valued at approximately $4.4 billion, based on current market prices. The agreement represents a rare example of cooperation between the country’s deeply divided political factions. The two sides reportedly intend to jointly pursue the release of the reserves following U.S.-backed negotiations held earlier this month. At the same time, officials are expected to establish strict safeguards governing the…

TuesdayAug 18, 2026 10:00 am

How the US-Iran Stalemate Could Impact Gold Prices

Recent figures show that gold was trading around $4,347, as investors continue to monitor tensions between the United States and Iran. It appears they may have reached a stalemate, given the lack of progress toward resolving the standoff surrounding the Strait of Hormuz. President Donald Trump recently described the situation as “semi-negotiating,” indicating that Washington is deliberately taking a patient approach rather than actively pursuing a full agreement. Iran, however, maintains that no direct negotiations are taking place. Communication is reportedly being conducted through intermediaries, including Pakistan and Qatar, while Oman is separately engaging Tehran on shipping issues. Iran has…

FridayAug 14, 2026 10:00 am

Fund Manager Forecasts Gold’s Return to $5,000 Price Level

Gold could eventually climb back to $5,000 an ounce, although investors may have to wait several years for the metal to reach that level. This is according to David Miller, CIO and co-founder of Catalyst Funds and portfolio manager of the Strategy Shares Gold Enhanced Yield ETF. Speaking in a recent interview, Miller said gold’s long-term outlook remains positive despite the market’s recent consolidation after a sharp rally. He estimates that the metal could take approximately two or more years to return to $5,000. Several forces continue to support gold, including persistent government deficits, inflation and efforts by central banks to reduce their reliance on the U.S. dollar. Miller expects central-bank demand to remain…

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