critical_minerals

Vancouver – November 06, 2026 -- SAGA Metals Corp. (TSXV: SAGA) has joined the Canadian Chamber of Commerce and its Critical Minerals Council, giving the exploration company a direct channel into federal policy discussions on critical minerals. The Council, established in 2022, brings together players across the value chain to develop recommendations on investment, permitting, trade and domestic supply chains.

SAGA gains access to policymakers across a six-commodity portfolio

Membership gives SAGA enhanced access to policymakers and industry peers on issues tied to its titanium, vanadium, iron, rare earth, lithium and uranium assets. CEO Mike Stier said the move gives the company a seat at the table as policy takes shape and helps it contribute to secure domestic supply chains.

SÃO PAULO – November 05, 2026 -- IMC Rare Earths (NYSE American: IMC) will begin diamond drilling at 29 Block D plateau locations in mid-November at its Itarantim project in Brazil. The program is meant to test mineralization below the 30-meter limit of its mechanical auger rigs and to extend roughly 5-10 meters into bedrock, subject to geology. In parallel, engineering consultancy WSP is running an in-situ recovery (ISR) field trial, with injection testing targeted for Q1 2027.

Diamond drilling targets thickest weathered layer on Block D plateau

The 29 holes are widely spaced and sited where the weathered rock and soil layer is interpreted to be thickest. Access work and drill pad construction are underway, and further drilling is planned.

Vancouver – November 04, 2026 -- SAGA Metals Corp. (TSXV: SAGA) has completed a four-hole, 1,010-metre HQ diamond drill program at Trapper North on its Radar Titanium-Vanadium-Iron Project near Cartwright, Labrador. The core is intended as feed for metallurgical test work and downstream pilot studies tied to PEA/PFS-level evaluation.

Four HQ holes drilled in October target about 500 m of semi-massive oxide core

Holes R-0096, R-0097, R-0100 and R-0101 were collared on sections N09, N10 and N11, in the part of Trapper North drilled on 100 m sections during the resource drilling. Three holes were drilled from existing MRE pads (those of R-0086, R-0087 and R-0092), and R-0100 from a new pad on section N10. R-0096, R-0097 and R-0100 were drilled at about -80° and R-0101 at -70°. All core was oriented.

Boise, Idaho – November 04, 2026 -- Perpetua Resources' first drill hole at the Fiddle prospect returned 109.7 meters grading 3.2 g/t gold and 1.1% antimony, a result the company says is among the broadest continuous intervals at its Stibnite Gold Project in central Idaho. The grades are more than double the project's life-of-mine average, according to the company. Perpetua (Nasdaq/TSX: PPTA) has now completed its 2026 exploration program, with over 16,000 meters of core drilled.

Fiddle discovery hole SB633 cuts 109.7 meters of gold-antimony mineralization south of the Yellow Pine pit

Hole SB633 intersected the interval from 189 meters downhole. Fiddle lies about 750 meters south of the permitted Yellow Pine open pit along the Meadow Creek Fault Zone (MCFZ). The MCFZ is the district's main ore-controlling structure and runs through both the Yellow Pine and Hangar Flats deposits.

DENVER – November 04, 2026 -- Energy Fuels reported a third-quarter net loss of $52.4 million ($0.20 per share) on revenue of $29.2 million, as $35.3 million of non-cash mark-to-market losses on its securities portfolio outweighed a profitable uranium segment. The company closed its acquisition of Australian Strategic Materials (ASM) in August and expects to close the Vacuumschmelze (VAC) deal in early 2027.

Uranium prices rise for a third straight quarter

Energy Fuels sold 320,000 pounds of U3O8 at a weighted average realized price of $88.90 per pound, generating $28.4 million in uranium revenue. Long-term contracts accounted for 270,000 pounds at $88.79 per pound ($24.0 million). Spot sales totaled 50,000 pounds at $89.50 per pound ($4.5 million). The realized price rose 10% from Q2 and 27% from Q1, while operating costs per pound and cost of goods sold held steady. The uranium segment was profitable for the third consecutive quarter.

Washington – November 03, 2026 -- The United States and the Democratic Republic of Congo have launched joint governance of Grand Inga, a Congo River hydropower complex with an estimated 42,000 megawatts of potential capacity, according to a statement distributed on behalf of the Congolese government. The inaugural Grand Inga Coordination and Governance Committee met at the World Bank offices in Paris.

Treasury official and Deputy Prime Minister co-chair the Grand Inga committee

Daniel Mukoko Samba, DRC Deputy Prime Minister, and Jeremy Wiggins of the U.S. Department of the Treasury co-chaired the session. Delegations focused on developing Grand Inga in coordinated phases. The committee also put environmental and social safeguards for affected communities on its agenda.

"For decades, Inga was a promise," Samba said, adding that Congo intends to process its minerals domestically using Congolese labor and power.

Lexington – November 03, 2026 -- Ramaco Resources Chairman and CEO Randall W. Atkins has been elected chairman of the International Energy Agency's Coal Industry Advisory Board (CIAB) in Paris, winning a unanimous vote of both the CIAB Executive Committee and its full membership.

Created in 1979, the CIAB is the IEA's oldest advisory board. It brings together senior leaders from the global coal, power and critical minerals industries to advise the agency on coal, energy security, power, technology, markets, critical minerals and related government policy. Its current focus covers reliable and affordable energy, the energy transition, grid stability, carbon capture, utilization and storage (CCUS) and critical minerals.

MISSISSAUGA – November 02, 2026 -- Cymat Technologies Ltd. (TSXV: CYM) will brief investors on November 4 at 2:00 p.m. EST on a proposed joint venture with KAP Minerals Inc. to produce scandium-aluminum (Sc-Al) master alloy at its Mississauga facility. The webcast, held on Zoom, follows a memorandum of understanding (MOU) signed with KAP last week.

JV would draw scandium from Kapuskasing mine tailings

The scandium would be recovered through secondary refining of surface tailings at a phosphate mine in Kapuskasing, Ontario, which KAP plans to rehabilitate. Transportation, energy and building infrastructure for the refining facility are already in place, which Cymat expects to deliver a low-cost process for scandium oxide.

TORONTO – November 03, 2026 -- Blue Moon Metals (TSXV: MOON; NASDAQ: BMM) agreed to sell 100% of Blue Moon Norway AS to London-listed ACG Metals in an all-share transaction valued at US$220 million, shedding the construction-stage Nussir copper mine to refocus on its U.S. critical metals assets.

The deal also covers the exploration-stage NSG property. ACG will issue Class A Ordinary Shares at an implied value of £18.70 per share, based on the 30-day VWAP. The price is subject to post-closing net debt, working capital, intercompany and other customary adjustments, which will be settled in cash.

Blue Moon to hold 27.6% of ACG on a basic basis

Blue Moon expects to receive about 8,853,632 ACG shares, equal to 27.6% of ACG on a basic basis and 21.8% fully diluted. It has accepted a six-month lockup. The parties will work to distribute the shares to Blue Moon shareholders within 12 months of closing.

Western Australia – November 02, 2026 -- Rio Tinto is pitching a portfolio of iron ore, copper and aluminium to investors as demand rises from AI, digital infrastructure and electrification, backed by operations in 35 countries and a workforce of more than 60,000.

Rio Tinto lists iron ore, copper and aluminium as core products

The company positions iron ore as the primary raw material for steel, copper as a conductor of heat and electricity, and aluminium as a lightweight, infinitely recyclable metal used in jet engines, electric vehicles and mobile phones. Its stated goal is to become the world's most valued metals and mining business.

Oyu Tolgoi and Simandou anchor the growth projects

Rio Tinto describes the Simandou Project as the world's largest untapped high-grade iron ore deposit. It presents Oyu Tolgoi as one of the most modern, safe and sustainable operations in the world.