Mining

Western Ridge Resources, an ASX-listed critical minerals explorer, has significantly increased its landholding around the Keystone project in Nevada by 4,960 acres with the addition of 248 lode claims. This expansion includes multiple historic mining workings and presents opportunities for modern exploration, potentially impacting American industry and the supply of critical minerals.

REalloys, a US rare earth processing company, has entered into a partnership with Ramaco Resources, a metallurgical coal miner, to explore a long-term collaboration for the supply and commercialization of rare earth and other products from Ramaco’s Brook mine in Wyoming. This partnership aims to enhance the production and commercialization of rare earth and scandium products, potentially benefiting American industry and supply chains.

Vertically integrated US rare earth company REalloys has signed a memorandum of understanding with US-based coal miner Ramaco Resources to potentially collaborate on supplying rare earth and scandium products from Ramaco’s Wyoming mine. This partnership could lead to advancements in the American rare earth processing and magnet supply chain, benefiting American industry and workers.

Western Ridge Resources, an ASX-listed critical minerals explorer, has significantly increased its landholding around the Keystone project in Nevada by 4,960 acres through the staking of 248 additional lode claims. This expansion, which includes multiple historic mining workings, presents new opportunities for exploration and potential development, contributing to the growth of American mining and critical minerals supply chains.

ASX-listed critical minerals explorer Lodestar Minerals has successfully raised $4.4 million through a placement, bolstering its exploration efforts in Chile, the US, and Western Australia. This capital injection will support the company’s exploration activities, potentially benefiting American industry and supply chains in the long run.

Tennessee-based met coal miner Clinch Resources has successfully started commercial-grade coal production at its Lanes Branch coking coal property in southern West Virginia. This milestone marks the company’s official transition from developer to commercial operator, highlighting a positive step in American coal mining industry.

ASX-listed critical minerals explorer Lodestar Minerals has successfully raised $4.4 million through a placement, bolstering their exploration efforts in Chile, the US, and Western Australia. This investment will support their exploration projects, potentially impacting American industry and supply chains.

American Lithium Corporation has been accepted into the Defense Industrial Base Consortium, a US Department of Defense initiative aimed at enhancing the nation’s defense industrial base and securing critical minerals supply chains. This collaboration between industry and government will support the development and availability of essential minerals and technologies crucial for defense and strategic infrastructure, benefiting American industry and national security.

Cygnus Metals, listed on ASX and TSX-V, has announced significant gold intercepts at the Golden Eye deposit in the Chibougamau project in Québec. The company’s focus on upgrading inferred resources to indicated status indicates potential positive developments for the mining industry and investment in the region.

Ontario is set to receive a major economic boost with Agnico Eagle Mines announcing a $14 billion investment in the province by the end of 2030. The investment will support the company’s workforce of over 4,100 and is a positive development for the mining industry in North America.