NewsRoom Articles - MiningNewsWire

FridayAug 07, 2026 10:30 am

Brownfield Gold Projects Could Hold an Edge in Today’s Permitting Environment

Disseminated on behalf of  Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid advertising. Santa Fe is a past-producing brownfield project targeting a 2027 restart, leveraging existing infrastructure to reduce capital requirements and execution risk Groundwater drilling did not intercept the water table beneath the proposed pits, a permitting advantage, while 40 years of undisturbed Corona-era waste rock shows no sign of acid drainage An updated Mineral Resource Estimate is expected and a revised PEA by the end of August, building on a 2025 study that outlined a $200 million after-tax NPV and a 34.2% IRR As permitting timelines…

FridayAug 07, 2026 10:00 am

Gold Slips as Dollar Rallies and Fed Outlook Becomes Cloudy

Gold prices declined at the start of the week as the U.S. dollar regained momentum, reducing demand for the precious metal despite lingering geopolitical tensions. Spot gold traded near $4,037 as traders weighed stronger U.S. economic data against uncertainty surrounding the Federal Reserve's policy path. The dollar recovered from recent multi-week lows after reported intervention by U.S. and Japanese authorities helped strengthen the Japanese yen. At the same time, developments in the Middle East continue to remain in focus. President Donald Trump stated that the situation involving Iran was working out very well, although he accused Tehran of sending mixed signals by privately seeking negotiations while publicly denying talks. He also confirmed that the U.S. naval blockade would remain until…

ThursdayAug 06, 2026 10:00 am

Supply Squeeze, Deadly Storms Push Copper Prices Higher

Copper prices continue to climb as severe winter storms in Chile disrupt mining operations, adding pressure to an already tight global market. Chile, which produces more than one-fifth of the world's copper, has been hit by heavy snowfall, flooding, and strong winds that have interrupted production at several major mines. The extreme weather has also resulted in fatalities and damaged critical infrastructure, raising concerns about the stability of global copper supplies. Mining companies including Anglo American, Antofagasta, Lundin Mining, Barrick, and state-owned Codelco have reported operational disruptions. Antofagasta temporarily suspended mining and processing activities at its Los Pelambres mine, while Lundin Mining expects its Caserones operation to remain offline for up to three weeks after power lines were damaged by snowstorms. Although some mines…

ThursdayAug 06, 2026 9:00 am

Greenland Mines Ltd. (NASDAQ: GRML) Launches Biggest Skaergaard Field Season Yet as Critical Minerals Take Center Stage

The company launches its 2026 season, designed to move its Skaergaard project into its next phase of development. Key critical minerals mined at Skaergaard, including palladium and platinum serve critical industrial functions with few viable substitutes. Skaergaard ranks among the world's largest undeveloped palladium, gold and platinum deposits, and Greenland Mines holds an 80% interest in the licenses covering it. Argus, a support vessel loaded with drill rigs, just sailed out of Reykjavik, and it is carrying more than equipment. The ship is carrying the opening move of Greenland Mines’ (NASDAQ: GRML) most ambitious field season yet at its Skaergaard project,…

WednesdayAug 05, 2026 10:30 am

Greenland Mines Ltd (NASDAQ: GRML) Strengthens Foothold, Builds Momentum Through String of 2026 Key Moves

A key acquisition brought in the Skaergaard project, a palladium, gold and platinum deposit in southeast Greenland now held through the company's subsidiary Major Precious Greenland A/S. Additional acquisitions, including a rare earths asset, represent the company’s focus on becoming a significant player in the mining space. A company can rarely reinvent itself overnight, but Greenland Mines (NASDAQ: GRML), has come close. What started the year as a biotech firm has become a two-division mining company in the span of a few months, and its acquisition activity since then shows no sign of slowing. Previously known as Klotho Neurosciences Inc.,…

TuesdayAug 04, 2026 10:00 am

Deadly Storms in Chile Intensify Copper Supply Concerns

Severe storms across Chile have caused disruptions to copper mining in the world's largest copper-producing nation, raising fresh concerns about global supply as demand continues to grow from AI, energy transition and electrification. Heavy snowfall, flash floods and intense rainfall have affected northern Chile, home to several of the country's biggest copper mines. The extreme weather has claimed over 10 lives and impacted thousands of residents, government officials say. Several major miners have reported operational disruptions. Lundin Mining suspended production at its copper-molybdenum site in Caserones after heavy snow damaged power infrastructure, while its Candelaria operation experienced only temporary interruptions.…

TuesdayAug 04, 2026 9:45 am

Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) Commences 2026 Exploration Program at Cameron REE Project to Guide Next Phase of Exploration

Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising. Powermax recently commenced its 2026 exploration program at its Cameron REE Project, building on encouraging results from previous exploration and intended to guide the company’s next phase of exploration The program is designed to integrate geological mapping, geochemical sampling, and targeted geophysical surveys, to better define and prioritize exploration targets The company’s earlier exploration at the property revealed consistent enrichment of both light and heavy rare earth elements across multiple lithological units The three-week field program has been designed to follow up encouraging results…

FridayJul 31, 2026 10:00 am

Court Filings Suggest Politics Triggered Renewable-Energy Project Cancellations in Blue States

The Trump administration is facing criticism after court filings suggested that billions of dollars in federal funding for clean energy projects were canceled because the projects were located in states that supported Democratic candidate Kamala Harris in the 2024 presidential election. According to documents submitted in court, the U.S. Department of Energy (DOE) acknowledged that the grants canceled in October were not selected based on project performance, legal requirements, cost savings, or program effectiveness. Instead, the filing stated that the grants were terminated because they were associated with so-called ‘blue states,’ states that voted Democratic and are represented by Democratic senators. The administration, however, has rejected claims that politics influenced the decisions. A DOE spokesperson said reports describing the cancellations as politically…

ThursdayJul 30, 2026 10:00 am

Lower Prices Boost Gold Imports into China

China significantly increased its gold imports in June as lower international bullion prices encouraged investors and financial institutions to expand their purchases. According to the latest customs figures, the East Asian nation imported approximately 173 tons of gold last month, marking the highest monthly total since early 2024 and extending a three-month streak of rising imports. The increase was largely driven by bargain buying after gold prices retreated from their record highs earlier in the year. A stronger Chinese yuan also made overseas purchases more affordable, encouraging both retail investors and commercial banks to increase their holdings of the precious metal. Banks took advantage of the favorable pricing environment to replenish inventories and utilize their remaining import quotas…

TuesdayJul 28, 2026 10:00 am

Silver Rises as Investor Sentiment Shifts

Silver prices strengthened as investor confidence increasingly favored precious metals amid growing geopolitical uncertainty. On Wednesday, the metal’s September futures opened at $59.09 an ounce, almost unchanged from the previous day's close. During the morning session, prices rose slightly, reflecting renewed buying interest. The recent upward movement suggests that investors are placing greater emphasis on the safe-haven appeal of silver despite persistent concerns about inflation. The recovery from the price declines recorded late last week and earlier this week indicates an improvement in market sentiment. Although silver typically faces pressure when interest rate expectations rise because it does not generate interest income, current geopolitical tensions, and particularly the escalating conflict in the Middle East, appear…

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