Today's Stories
Source: Barrick Mining Corporation
The Ontario Court of Appeal has dismissed an appeal by Tanzanian residents alleging human rights abuses by the Tanzanian Police Force near Barrick's North Mara gold mine, upholding an earlier Superior Court ruling that Ontario is not the appropriate forum and the claims must be adjudicated in Tanzania. Evidence in the proceedings established that the Tanzanian Police Force acts independently of Barrick.
Source: Mexico Business News
Mexico's mining production fell 5.3% year-on-year in January 2026, the fourth consecutive month of annual contraction, with sulfur, zinc and lead posting double-digit declines while copper held flat and iron pellet output rose 11.8%. Analysts attribute the ongoing weakness to regulatory uncertainty stemming from the 2023 Mining Law Reform, which has created a legal impossibility for granting new concessions until pending secondary regulations are finalised.
Source: Mining.com.au
BHP has applied to admit approximately 2.47 million shares to trading on the London Stock Exchange, with the listing expected to commence on 9 April. The move follows the completion of a silver streaming transaction with Wheaton Precious Metals, under which BHP received US$4.3 billion in exchange for delivering 33.75% of silver produced from the Antamina Mine in Peru, reducing to 22.5% after 100 million ounces are delivered.
Source: Mining.com.au
Silver briefly touched US$119 per ounce in January 2026 before pulling back to around US$72 at the time of writing, still up 144% year-on-year, driven by its dual role as a safe-haven asset and an industrial metal with growing demand from solar, AI data centres and the automotive sector. JP Morgan forecasts silver to average US$81 per ounce for 2026, though analysts warn that sustained high prices are already accelerating substitution efforts in the solar sector.
Source: US International Development Finance Corporation
The US International Development Finance Corporation has signed a $5 million Project Development agreement with Pela Global Limited to revive the brownfield Krstov Dol antimony mine in North Macedonia, marking DFC's first antimony investment and first project in the country. The funding will support feasibility studies and technical work to prepare the mine for potential construction, with the project aimed at diversifying antimony supply away from China, which has imposed export restrictions on the critical mineral used in flame retardants, batteries, semiconductors and armour.
Source: AFR
Former Rio Tinto CEO Tom Albanese's American Ocean Minerals will merge with Odyssey Marine Exploration in a $US1 billion deal. The transaction creates a major deep-sea critical minerals platform under proven mining industry leadership.
Source: Reuters
Canadian advisory firm Veridicor and Zambia's Metalex Commodities plan to pilot a "stakeholder prosperity bond" this year, targeting a $100 million to $200 million debut issuance to integrate artisanal and small-scale miners into formal supply chains. The instrument links investor returns to social and environmental outcomes rather than output, with industrial mines serving as balance sheet anchors and Metalex aiming to source around 30% of its ore from trained, licensed local miners.
Source: Mining.com
The Metals Royalty Company began trading on Nasdaq Wednesday under ticker TMCR. CEO Brian Paes-Braga outlined how the royalty model translates to offshore operations and deep-sea mining potential.
Source: Bloomberg
Gold jumped 3.3% to $4,855 per troy ounce on news of the US-Iran two-week ceasefire brokered by Pakistan before retreating as continued Iranian air attacks on Gulf states cast doubt on the agreement's durability. The precious metal trimmed gains alongside equities as analysts warned the pause was shaped by economic pressure rather than diplomatic convergence, leaving markets exposed to rapid re-escalation.
Source: Mining.com.au
A workplace fatality occurred at the Vault Leonora mine. SafeWork reports 16 of all Q1 2026 workplace fatalities were due to vehicle incidents, highlighting ongoing mining sector safety concerns.
Source: AFR
Mining industry groups urged government to delay review of flagship emissions reduction scheme amid global energy market turmoil. The industry is prioritizing fuel security concerns over climate targets.
Source: Mining.com.au
Regis Resources extended its $180 million Duketon contract following strong mine performance. The company sold 82,800 ounces of gold for $447 million revenue at an average realized price of $5,405 per ounce.
Source: Bloomberg
Declining output at North America's top gold producers is helping mining rivals in other regions catch up in global production rankings. The shift reflects changing dynamics in the global gold mining landscape.
Source: Mining.com.au
North American Construction Group closed its acquisition of Iron Mine Contracting, creating a diversified mining services company. The transaction expands the company's capabilities in the mining services sector.
Source: Junior Mining Network
Uranium Energy Corp commenced production at Burke Hollow, described as the world's newest operating in-situ recovery uranium mine. The development supports the company's hub-and-spoke production strategy and U.S. energy security.
Source: Mining.com
Mosaic will idle its Araxa mining and chemical complex and related mining activities at its Patrocinio complex. The move is part of broader cost-cutting efforts by the US-based phosphate producer.
Source: Zawya
Saudi Arabian Mining Company continues second phase exploration at Wadi Al Jaww, a new gold-copper prospect in the Makkah region. The company is advancing exploration activities at the concession.
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