mining

Sweden has granted a 25-year concession for the Norra Kärr heavy rare earth deposit, which can supply all of Europe's annual dysprosium needs. This authorization is a critical step toward reducing European dependence on Chinese rare earth sources and establishing a Western rare earth supply chain.

i-80 Gold terminated its offtake agreement with Vox Royalty with a $4.8M payment and expects to achieve cash flow savings through 2028. The termination reduces royalty obligations and improves the company's cash position, benefiting operational margins and capital allocation flexibility.

The Swedish government granted Leading Edge Materials a 25-year exploitation concession for the Norra Kärr heavy rare earth elements project, one of Europe's richest rare earth deposits. This license directly addresses Europe's REE supply vulnerability and reduces dependence on non-Western rare earth sources critical for advanced electronics and magnets.

Freeman Gold's Lemhi project feasibility study values the reserve at a post-tax net present value of $696 million (discounted at 5%), triple the prior estimate. A significantly enlarged gold reserve improves project economics and signals stronger fundamentals for mid-tier precious metals producers.

The first data center built inside an active mine opened in the Dolomites and was completed in just over two years from design to construction. This establishes a novel model for co-locating compute infrastructure with mining operations, potentially reducing power costs and site acquisition friction.

Canada has become the first G7 nation to invest in mining in Greenland, providing $5 million in funding to Greenland Resources for the Malmbjerg molybdenum mine. This marks a strategic shift in G7 competition for critical mineral access in Arctic regions amid supply chain diversification efforts.

Bunker Hill shipped its first Idaho ore and plans to ramp production toward mill design capacity before reaching full production next year. This restart of historic silver-producing infrastructure adds domestic U.S. supply capacity for both silver and copper.

Tactical Resources is pursuing a Nasdaq listing as its Peak rare earths project in Texas advances, with initial quarry operating permits already secured and positioning it as one of few hard-rock direct-leach-extractable REE projects globally. This capital raise accelerates development of a rare U.S.-based rare earth extraction pathway.