Venezuela mining reset meets ground-level challenges
Venezuela’s attempt to revive its mining sector after Nicolás Maduro’s ouster is colliding with decades of institutional decay, illegal extraction and investor skepticism.
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USA Rare Earth finalizes $1.6B funding with Commerce Department
The company now has $3.5 billion in capital to fund its growth plans, USAR said.
Hycroft mine in Nevada assessed $10B value, 51-year life
The project has an internal rate of return of 30.1% and a payback period of just under three years.
DPM makes gold-copper discovery near Bulgaria mine
The results distinguish BSP “as a potentially very high-grade porphyry system,” RBC Capital Markets mining analyst says.
China picks state firm to help coordinate mining deals abroad
Beijing told a number of major companies last month they’ll receive backing for overseas investments from government bodies, Bloomberg reports.
Guinea’s Simandou iron exports surge six months after first ore
Shipments from the project’s Morebaya port hit 2.2 million tons in the month, much higher than April’s record of 1.3 million tons.
Zambia extends duty-free copper concentrate export duty waiver amid smelter outages
The suspension of the duty, first implemented in August 2025, covers 271,742 tons of copper concentrates.
Indonesia’s PT Timah targets 30,000t of refined tin output for 2026
This year's output target is 68% higher than the 17,815 tons produced in 2025.
Russia says it mined enough gold to beat China
Moscow’s first mining estimate since 2022 raises questions as industry experts struggle to reconcile the figures.