Daily Mining Update (May 28, 2026) — A quick, link-forward roundup of notable mining and natural resource company developments published over the past 24–48 hours.
American Pacific mobilizes drills for 15,000 m Madison program (copper-gold, Montana)
American Pacific Mining said the first of two drills has arrived ahead of a 15,000-metre program at its Madison Copper-Gold Project in Montana, combining reverse-circulation and diamond drilling across skarn and deeper porphyry targets. American Pacific Mining press release.
Scorpio Gold reports Phase Two drilling along Zanzibar Trend (gold, Nevada)
Scorpio Gold released additional results from its Phase Two program at the Manhattan District Project (Nevada), including hole 26MN-080 returning 2.77 g/t gold over 12.68 m from 58.64 m (with a 1.58 m interval at 20.93 g/t gold), plus several broader lower-grade intervals. Newsfile release.
Nexus Uranium outlines status of South Dakota hearing; advances other projects (uranium)
Nexus Uranium said a contested case hearing tied to its Chord Project uranium exploration permit application in South Dakota did not conclude within the scheduled May 18–22 session, leaving the resumption timeline uncertain; the company also pointed to exploration progress on other assets (including a Wyoming program subject to posting a reclamation bond). Newsfile release.
Champion Iron reports FY2026 Q4 results; DRPF commissioning timeline reiterated (iron ore)
Champion Iron reported quarterly production of 3.4 million wmt and sales of 3.5 million dmt for the quarter ended March 31, 2026, with revenue of about $415 million and EBITDA of about $114 million. The company also said its DRPF project commissioning remains on track, with commercially saleable product expected by the end of calendar Q2 2026. Champion Iron release.
Li-FT Power files NI 43-101 technical report for Adina-Galinée (lithium, Quebec)
Li-FT Power said it filed an NI 43-101 technical report for the Adina-Galinée Lithium Project on SEDAR+ (effective May 7, 2026; report date May 26, 2026) to align a previously JORC-based resource estimate with Canadian disclosure standards, and stated the verification process resulted in no changes to figures, categories, or grades previously disclosed for the Adina Project mineral resource estimate. GlobeNewswire via Barchart.
Defense Metals and Hanwha Ocean sign rare earth supply MOU (rare earths, British Columbia)
Defense Metals said it signed a non-binding MOU with Hanwha Ocean to explore supplying rare earth materials from the Wicheeda project in British Columbia, with the parties evaluating a potential agreement and Hanwha also considering a possible investment (subject to due diligence and negotiation). MINING.COM.
Disclaimer: This article is for informational purposes only and is not financial advice.
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