The Pre-Start
BHP ($296B) - BHP flagged a ~US$2.3B Jansen impairment in H2 and expects net debt ~US$9B, as FY26 delivered record 265Mt iron ore and ~2Mt copper with FY27 copper guidance 1,650–1,800kt
OBM ($2.1B) - Ora Banda produced 39.6koz gold, cash +$36m QoQ, and set FY27 guidance at 125-140koz at $3.4k-$3.6k/oz
BC8 ($663m) - Black Cat said Paulsens has repaid all invested capital, with drilling defining Lynx and Regulus lodes
A1M ($606m) - AIC Mines produced 3.1kt Cu and 1.7koz Au in the June quarter, closing with $41.7m cash | ▼ 12%
RXL ($556m) - Rox Resources hit 7m at 9.7 g/t gold from 94m at Commonwealth, with Youanmi Deeps drilling to start Q3
MEI ($523m) - Meteoric lifted reserves at Caldeira rare earth element ionic clay 42% to 146Mt at 3,546 ppm TREO, containing 517kt TREO
AUC ($457m) - Ausgold intersected 13.8m at 0.48 g/t gold from 481.5m, 300m down‑plunge of the open‑pit resource at Katanning Gold project, WA
BCN ($335m) - Beacon set the in‑specie distribution at 0.309 Forrestania Resources share per share, distributing 36m FRS
ALR ($199m) - Altair Minerals outlined a fully funded 75,000m, 18‑month drill program at the Greater Oko project in Guyana
TLG ($125m) - Talga signed a non‑binding LOI with Dainen for Talnode‑C from Vittangi Anode project, targeting a binding deal by Dec 2026
MSV ($113m) - Mitchell Services extended its on-market buy-back for up to 21.2m shares (10%) to Jul 2027
GHM ($110m) - Golden Horse reported 8m at 16.3 g/t gold from 209m at Greenmount within the Southern Cross Gold project, WA
AEE ($107m) - Aura Energy said Sweden enacted changes removing municipal consent and nuclear-facility status for uranium mining
OSM ($95m) - Osmond Resources expanded the MRE target at Orin EU Critical Minerals by 4.1km² after 2.7m at 10.75% TiO₂ from 209.7m; scoping study targeted Q3 CY26
LM8 ($67m) - Lunnon Metals delivered 62kt at 1.7 g/t gold (3.5koz) in June from the Lady Herial open pit, receiving $12m from Gold Fields versus $3m costs; two months remain
ODY ($42m) - Odyssey Gold's first-pass drilling at Shackle hit 3m at 16.1 g/t gold from 55m; Bollard holes confirmed continuity
COB ($40m) - Cobalt Blue retained 51% of Halls Creek and exercised to earn 75% via $1.5m spend by Jun 2028
Traders brace for $US100 oil as world races towards supply shock (AFR)
Cameco restarts Cigar Lake after resolving mill issues (Mining.com)
Mining services companies soar after near-death experiences (AFR)
Congo Ebola outbreak disrupts US-backed critical minerals talks (Mining.com)
Labor govt declines to intervene in BHP strike (West)
Rio Tinto takes $180m diesel slug as iron ore exports bounce back (AFR)
Codelco delays Maricunga lithium project start by 4 years to 2034 (Mining.com)
Ghana approves revised mining law to streamline licensing process (Reuters)
China-backed copper mine in Pakistan faces shutdown due to worsening Balochistan violence (FT)
BHP reports 3% drop in iron ore and 5% drop in copper output for June quarter (Bloomberg)
IGO ($5.1B) - IGO will sell Nova to Global Lithium for $7m
GL1 ($123m) - Global Lithium will acquire Nova to repurpose for Manna Lithium project, targeting mid-2027 production
Global Lithium acquires in IGO deal to process Manna ore (West)
First Quantum considers selling minority stake in Taca Taca copper project; Rio among potential bidders (Mining.com)
Wall St bankers shift seats to cash in on Australian deal trends (Australian) Resources in focus
IGO ($5.1B) - IGO will sell the Nova nickel operation to Global Lithium Resources for $7m, subject to ACCC approval
KZR ($44m) - Kalamazoo Resources entered a trading halt pending a capital raise
Word on the Decline

Add MPK to the mix, and we’re cooking
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Ownership & Oversight
CIA ($2.2B) - Champion Iron named Steve Boucratie CLSO and Michael Marcotte CFO
IPX ($1.3B) - IperionX's Tripeny bought US$100k of ADSs; Beverly M. Wyse exercised 106k options at $0.87
TOR ($137m) - Torque director Simon Lawson bought $483k of shares
ARU ($1.4B) - Bianca Hope Rinehart bought $51m of Arafura Rare Earths shares via off-market issue at $0.26, lifting her stake to 17.5%
EQR ($1.3B) - EQ Resources appointed Mark Lindsay as GM Growth & Discovery
In the Weeds
Andy Home explores the global race to build metals smelters in developing countries (Reuters)
China's export controls on rare earths fuel resource nationalism and market distortions (FT)
China Has Too Few EV Plants, Not Too Many (Bloomberg oped)
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