Uranium Energy Corp has started production at its Burke Hollow project in Texas, the first new US in-situ recovery (ISR) uranium operation in more than a decade and now the country’s largest ISR wellfield, with measured and indicated resources above 6.15 million lb on a 20,000-acre property. The Vancouver-based miner now runs two active ISR operations, adding Burke Hollow to Christensen Ranch in Wyoming, with a third planned at Ludeman next year. ISR solutions from Burke Hollow will be piped to the Hobson Central Processing Plant, licensed for up to 4 million lb U₃O₈ per year.

First Quantum Minerals has partnered with the International Finance Corporation to align the Taca Taca copper project in Salta Province, Argentina, with IFC Performance Standards on Environmental and Social Sustainability, a move aimed at improving access to debt financing. The open-pit project is scoped for 40 Mtpa throughput with expansion potential to 60 Mtpa, requiring about $4.2–5.25 billion in capex and targeting roughly 291,000 tonnes of copper per year over the first decade of a 35‑year mine life. Construction is expected to create up to 4,000 jobs and 2,000 operational roles, with IFC emphasising local skills development and infrastructure build‑out.

Gold jumped as much as 3% to a three-week high above $4,850/oz after the US and Iran agreed a two-week ceasefire, easing fears that Middle East-driven oil price spikes would lock in higher inflation and delay US Federal Reserve rate cuts. Prices are still down about 9% since the war began and remain below the near-$5,600/oz record hit earlier in 2026, with analysts warning the rebound is fragile and highly sensitive to any breakdown around the Strait of Hormuz. Longer term, Goldman Sachs and Wells Fargo maintain bullish targets of $5,400/oz and $6,300/oz respectively.