The financing will support expansion at the Pela Ema operation in Goiás and includes an option for the US government to take a minority equity position without management control.
The company expects to complete the transaction by late 2026, while retaining a controlling stake in the new entity.
Gold climbed back above US$5,000/oz after falling below US$4,660 early in February, building on a more than 6% surge—its biggest daily jump since 2008—while silver remains highly volatile.
Serabi Gold said mining and milling were not interrupted after a fatal accident at its Coringa underground operation in Pará, Brazil, on Jan. 25, 2026. The company is conducting an internal safety review.
Tianqi Lithium plans to sell up to 3.57 million SQM Class A shares (about 1.25%) after governance tensions and a failed bid to influence SQM’s Codelco tie-up.
Analysts see copper, tin and aluminum as 2026 winners, but view January’s record rallies as unsustainable and turn cautious on 2027 as buyers resist extreme prices.
Momentum Technologies is commissioning a Texas demonstration plant designed to process both rare earths and battery materials using its MSX technology, as the company advances U.S.-based critical minerals supply chains.
The U.S. will work with the EU, Japan and Mexico on critical minerals action plans, including border-adjusted price floors, as Washington seeks to reduce reliance on China.
Argentina and the U.S. signed a critical minerals agreement to strengthen supply chains, Argentina’s foreign ministry said, noting mining exports hit US$6.04 billion in 2025.
FLSmidth has appointed Toni Laaksonen as CEO with immediate effect, succeeding Mikko Keto. Laaksonen will also serve as interim Service Business Line President as the company targets growth and stronger execution.
Five 65-tonne-class underground trucks have been delivered to Tierra Amarilla, Atacama Region, as part of a 22-unit fleet renewal plan scheduled for 2026–2027.
Zoomlion is testing a battery-trolley wide-body dump truck concept, the ZT115DPEV, designed to combine grid power under overhead lines with battery operation off-line. The approach targets productivity gains on ramps and reduced range anxiety for electric haulage.
Trafo Power Solutions supplied a 2,000 kVA skid-mounted mobile substation for an open-pit mine in Queensland, stepping up 400 V to 6.6 kV with plug-and-play reconnection, vibration-ready design and Australian-standard compliance.
SLR Consulting says mining sustainability starts with full value-chain visibility. Its eight Communities of Practice span strategy, ESG, climate, water, tailings and closure—helping operators meet tighter regulations and lender-driven ESG standards.
XCMG unveiled ultra-class battery-electric wheel loader and wheel dozer prototypes for Fortescue. The XC9260BEWL and XC9260BEWD will head to Pilbara for field trials as part of Fortescue’s zero-emissions fleet roadmap.
Saudi Comedat, Jac Rijk Al-Rushaid y EPSA lideran la contratación minera de superficie en Arabia Saudita, con operaciones clave en fosfatos (Al Jalamid y Al Khabra) y oro, en un mercado que crece y enfrenta presión por costos de diésel y metas ESG.
Caterpillar’s redesigned Cat 6015 hydraulic mining shovel adds on-demand hydraulics, heavy-duty undercarriage protection, autolube and MineStar connectivity to boost uptime, efficiency and durability.
Aguia has raised A$5 million via a placement led by Alpine Capital to ready Três Estradas for near-term production in Brazil and progress underground development and exploration at Santa Barbara in Colombia.
NOAA’s final rule under DSHMRA consolidates U.S. licensing and permitting for deep-sea mining, potentially enabling late-2026 progress for polymetallic nodules in the CCZ. Commercial-scale mining likely slips to 2027–2028 amid technical and ESG constraints.
Codelco and Schneider Electric signed a two-year MoU to co-develop and pilot technologies for automation, advanced analytics, digital twins and energy management—supporting safer, more efficient and sustainable mining operations.
An EY Canada report says mine electrification is becoming a competitive differentiator. It highlights benefits for underground operations, Industry 4.0 enablers, key barriers like grid and infrastructure, and actions companies can take now.
Brazil’s mining regulator ANM said Sigma Lithium’s waste piles at Grota do Cirilo present no “imminent risk” after a site visit. The finding may support Sigma’s legal challenge to a Labor Ministry-related shutdown.
Serabi Gold reported two fatal underground accidents at Palito and Coringa in Brazil. The company said operations continue as normal, authorities have been notified, and safety procedures are under review.
Metso has acquired Australia’s MRA Automation to strengthen automation, software and digitalisation capabilities for bulk material handling, ports and terminals. The deal value was not disclosed and is not expected to materially impact Metso’s financials.
Challenger Gold plans mid-Feb 2026 ore haulage from Hualilán to Casposo (~1,000 t/day). Processing to start 2–4 weeks later after 17,000 t delivered.
Lundin Mining updated share capital: outstanding shares rose by 20,386 to 854,367,977 as of Jan 30, 2026, driven by employee awards; no NCIB buys.
The new semi-mobile crushing station—installed in Area 5 of the mine—was designed to open up new mining areas and strengthen the operation’s In-Pit Crushing and Conveying (IPCC) “truckless” concept. Commissioning was completed in 2025 following construction in 2024.
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