Alamos Gold expects second-quarter output from its Young-Davidson underground mine in northern Ontario to fall to 130,000–135,000 oz, about 12% below prior guidance, after two seismic events damaged infrastructure and cut access to two higher-grade stopes, compounded by a three-day storm-related power outage. Consolidated 2026 production is now projected below full-year guidance with unit costs rising, with revised figures due in July. Production stability is shifting to the Island Gold District, where underground mining rates are planned to increase from 1,500 to 2,000 t/d and the Magino mill ramp-up targets 10,000 t/d by Q3.

Small and micro modular reactors (SMRs and microreactors) sit at the bottom of miners’ low‑carbon power options, despite intense promotion of 300 MW‑class SMRs, AI‑optimised reactor operations and bullish uranium price forecasts. Developers are pitching factory‑built, modular units for remote sites and off‑grid mines, but operators still prioritise proven renewables‑plus‑storage, grid power and gas or diesel hybrids. For mine planners and power engineers, nuclear remains a long‑term possibility rather than a near‑term procurement item for new pits, expansions or remote processing hubs.

BHP will take a $2.3 billion impairment on its Jansen potash project in Saskatchewan as Stage 2 capex rises to $6.9 billion and Stage 1 costs climb to $8.4 billion, lifting total projected spend to $15.3 billion. Stage 2, now only 16% complete, has been delayed around two years to first production in late FY2031, with BHP blaming extra construction hours and higher material quantities. Once both stages ramp up, Jansen is planned to produce about 8.7 Mtpa, roughly 10% of global potash output, at a targeted $114–130/t unit cost.