Integra Resources’ updated feasibility study for the Florida Canyon heap leach mine in Nevada lifts proven and probable reserves 74% to 1.1 million oz at 0.31 g/t, raises planned output to 82,000 oz gold per year over eight years, and boosts the 5% NPV to US$601 million using a US$4,200/oz price. All-in sustaining costs climb 43% to US$2,331/oz with recovery steady at 62%, but post-tax free cash flow is projected at US$800 million, averaging US$90 million annually. Integra is drilling 42,500 metres around the existing operation to grow resources and fund its DeLamar gold-silver project in Idaho.

Democratic Republic of Congo has shifted from price-taker to price-setter in cobalt by imposing ARECOMS-managed export quotas and planning state stockpiles of cobalt, coltan and germanium. Cobalt prices have climbed from about $21,000/t in early 2025 to just over $56,000/t, with Kinshasa forecasting $2.3 billion in fiscal revenues this year versus an estimated $617 million without intervention. Advisory input from Vectus Global and new investment moves such as Virtus Minerals’ acquisition of Chemaf signal tighter supply discipline and a push for higher value-added partnerships.

KEFI Gold and Copper has appointed BCM International as mining contractor for the Tulu Kapi Gold Project in Ethiopia, clearing the way to order a Caterpillar mobile fleet under the project’s largest operational contract. The agreement covers open-pit mining services for the planned c.140,000 oz/y operation, integrating Cat haul trucks and loaders with BCM’s existing East African support network. For mine planners and geotechnical teams, the early lock-in of a standardised Cat fleet will drive pit design, haul road geometry, equipment productivity assumptions and maintenance infrastructure layout.