The Office of Gov. Mike Dunleavy May 18 announced that the State of Alaska has signed a memorandum of understanding (MOU) with South Korea’s POSCO International Corp. to explore six development projects in Alaska spanning geothermal energy, green methanol, sustainable aviation fuel, rare earths, port infrastructure, and transportation. “Alaska is open for business, and this agreement reflects the world-class investment opportunities our state offers,” Dunleavy said. “POSCO International is a global leader, and their interest in Alaska validates what we have long known – our resources, our geography, and our people position us for extraordinary economic growth. This is the…
Author: TJ Markle
Australian mining company Aldoro Resources Ltd has announced the discovery of rare minerals at the site of its Kameelburg project in Namibia. The minerals, identified as niobium and strontium, were found in high-grade quality in central Namibia between Otjiwarongo and Omaruru. Strontium is a metal primarily used to create high-performance magnets used in a wide range of modern technological gadgets. Niobium, on the other hand, is mainly used to improve the strength and heat resistance of steel. The company’s board has revealed that its latest drilling exercise showed the mineral deposit is of a substantial size and quantity, which has turned out…
The United States is spending billions of dollars to secure access to critical minerals – minerals and metals that are essential to modern technology, from electric vehicles to smartphones and military systems. But amid the push to dig more, one question gets far too little attention: Who will actually process what comes out of the ground? Between mining and the finished product lies a complex chain of separation, refining and advanced manufacturing. Since the 1990s, however, the United States has lost much of its critical mineral processing capacity. Rebuilding domestic mineral supply chains will depend not only on resource availability and funding, but also on whether the U.S. can…
Spot gold prices are sharply lower and spot silver prices are also weaker, as firmer Treasury yields, a stronger U.S. dollar and another oil-price spike pressured metals despite still-elevated geopolitical risk. At the time of writing, spot gold was trading near $4,513.70 an ounce, down 2.16%, while spot silver was trading at $72.570, down 3.53% on the session. Kitco’s spot page showed gold’s intraday range at $4,502.40 to $4,630.70 and silver’s at $72.10 to $76.12. The U.S. data flow leaned firmer rather than gold-supportive. March factory orders rose 1.5% to $630.4 billion, the Census Bureau said Monday, following a 0.3%…
TMC the metals is moving from a focus on permitting to building commercial infrastructure, with the Allseas agreement tying regulatory progress to an actual offshore collection system. The stock last closed at $5.91, with the share price up 13.9% over the past week, 36.2% over the past month and 88.2% over the past year. Over three years, the return is about 7x, while the five year figure shows a decline of 40.3%, and year to date the stock is down 12.8%. For investors tracking early stage resource projects, this contract sets clearer expectations around how TMC the metals plans to…
Results Suggestive of Productive Copper Porphyry System at Depth Vancouver, British Columbia TheNewswire – May 12th, 2026 Prismo Metals Inc. (the “Company or “Prismo”) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to provide an update on recent reconnaissance geologic mapping and rock sampling at and around its Silver King project, located in the Pioneer Mining District near the town of Superior, Arizona. This reconnaissance program follows the successful completion of Phase 1 drilling at Silver King, consisting of eight holes totaling 1,272 metres. This drill campaign confirmed shallow silver mineralization associated with quartz / baryte veining in the upper historic mine levels, while…
Defense Metals (DEFN.V) announced the start of a pilot flotation test program at SGS Lakefield for its Wicheeda rare earth project in British Columbia. For casual investors, this may sound like another routine mining milestone. It is not. Pilot-scale metallurgy is where rare earth projects begin confronting industrial reality. The announcement matters because Wicheeda is attempting to move beyond resource estimates and laboratory testing into continuous pilot operations capable of generating representative concentrate for downstream hydrometallurgical work. But investors should also understand what this does not mean: Wicheeda is still years from proven commercial-scale separation, metallization, alloying, and magnet production.…
The Indigenous traditional owners of land in north-western Australia have been awarded a record A$150.1 million ($108.3m; £79.9m) payout after a court ruled one of the country’s most well-known billionaires mined their land without permission. The verdict amounts to the biggest native title payout ever awarded in Australia, and concludes a protracted legal battle between the Yindjibarndi people and Andrew Forrest’s mining company Fortescue. Since 2013, Fortescue’s mines have generated tens of billions of dollars in revenue by extracting iron ore from Yindjibarndi land in remote north Western Australia. The Yindjibarndi group had sought A$1.8bn compensation. That figure, they argued,…
Researchers at the University of Minnesota Twin Cities have found a new way to change how a metal behaves electronically by controlling atomic-level interactions at the boundary where two materials meet. The study, published in Nature Communications, shows that interfacial polarization can shift the surface work function of metallic ruthenium dioxide (RuO2) by more than 1 electron volt (eV), simply by changing film thickness at the nanometer scale. “We often think of polarization as something that belongs to insulators or ferroelectrics—not metals,” said Bharat Jalan, professor and Shell Chair in the Department of Chemical Engineering and Materials Science at the…
USA: Boom in lithium mining across Nevada is violating the rights of Indigenous Peoples The US government is breaching international human rights standards by moving ahead with a series of new lithium mines across Nevada without the Free, Prior and Informed Consent (FPIC) of affected Indigenous Peoples, threatening their culture, health, water and environment, Amnesty International said in a new research briefing out today. As global demand for lithium surges, driven by the energy transition and rapid expansion of AI-related data centres, Nevada has become a key extraction hub, holding around 85% of the United States of America’s known lithium…