American Mineral Resources is assembling a seven-jurisdiction portfolio across Quebec, British Columbia, Yukon, Chile, New Zealand, Western Australia and Tanzania, with its Piscau North polymetallic project in Quebec earmarked for a separate Canadian Securities Exchange listing, as it targets a Nasdaq uplist within 12 months via the OTCQB. CEO Ryan Cunningham is prioritising projects with existing permits or modest capex and argues that jurisdictional risk now rivals grade, citing Quebec’s Gaspé oil drilling ban as a warning. He also points to Canada’s flow-through share regime as a key financing advantage over US markets still fixated on AI and tech.

LoopX has signed a three‑year R&D partnership with Vale Base Metals to develop and validate “Physical AI” systems for underground operations, targeting intelligent and autonomous mining fleets. CEO and founder Chao Yu says the work will focus on AI-powered control that can directly interact with physical mining environments, aiming to improve safety and productivity in confined headings and dynamic stopes. For engineers, the deal signals accelerated testing of autonomy algorithms, sensing suites and decision systems in real production drifts rather than only in lab or surface testbeds.

Newmont expects a planned nearshore barrier at the Lihir mine in Papua New Guinea’s New Ireland Province to unlock more than 5 million oz of additional gold from 2028, while reaffirming 2026 production guidance after Q2 output of 1.3 million oz of gold, 17,000 tonnes of copper and 7 million oz of silver. Q2 cash flow from operations reached $2.9 billion and free cash flow hit a record $2.2 billion, with all-in sustaining costs of $1,621/oz against a $1,680/oz guidance and an average realised gold price of $4,414/oz. Management also reported regulatory progress at the Red Chris block cave in British Columbia and resumed cave production at Cadia in Australia, but flagged higher sustaining capital in Q3 and rising capital estimates at Red Chris.