The Pre-Start
BHP ($324B) - BHP acknowledged speculation on a potential partnership for part of WAIO, saying it explores options and remains committed to WA
DRR ($2.2B) - Deterra set its DRP issue price at $4.04 (2% discount)
ELV ($1.5B) - Elevra’s NAL PFS backs a three-stage expansion to 373ktpa spodumene concentrate for C$366m capex, post-tax NPV₈ C$3.2B, fully funded
KCN ($1.4B) - Kingsgate restored Chatree Plant 1 to 2.3Mtpa, returning full capacity after a 47-day shutdown; FY27 guidance update due end-September
MAD ($1.3B) - Mader approved a buy-back of up to $30m; separately, Capital Group ceased to be a substantial holder
RXL ($850m) - Rox said construction at the 1Mtpa Youanmi mine is on schedule, with stoping to start in Oct and first gold targeted mid‑CY27
BTR ($646m) - Brightstar infill drilling at Sandstone Gold aims to upgrade Bull Oak for PFS; 7m at 119 g/t gold from 199m
FML ($587m) - Focus advanced the Green Light open-pit study at Coolgardie gold and reclaimed 36kt mineralised stockpile from the historic CNX waste dump
VMM ($583m) - Viridis ordered a residue pressure filtration package for Colossus from Dewater, a 12‑month long‑lead item supporting 2028 rare earths production
FRS ($579m) - Forrestania reported 58.6Mt at 1.1 g/t gold for 2.1Moz, with acquired Edna May at 30.7Mt at 1 g/t for 0.9Moz
LRV ($545m) - Larvotto reported 9.5m at 8.07 g/t AuEq from 345.5m at Clarks Gully, extending mineralisation down-dip and south at Hillgrove, NSW
TOK ($337m) - Tolu secured a $30m debt facility from National Banking Corporation, fully funding the Tolukuma gold mine to production targeted in Q1 2027
POL ($299m) - Polymetals updated the Endeavor MRE to 20.7Mt at 7.5% Zn, 4.2% Pb and 82 g/t Ag
AUE ($240m) - Aurum targets an early Q4 CY26 MRE update for the Boundiali
GBR ($183m) - Great Boulder reported 12m at 8.56 g/t gold from 8m at Peak Hill, with an MRE upgrade targeted by year-end
KAU ($139m) - Kaiser Reef updated the Henty MRE to 4.2Mt at 3.2 g/t Au (429koz) & reserves to 1.9Mt at 3.2 g/t Au (198koz), maintaining ~6 years' life
LM8 ($81m) - Lunnon completed the Lady Herial open pit, generating $39m pre-tax free cash flow and closing with $41.4m cash; the pit's reserves are now depleted
NMR ($80m) - Native Minerals reported 19m at 3.1 g/t gold from 41m at North Pit, Blackjack gold mine
PNN ($70m) - Power Minerals hit 5m at 4.32% TREO from 181m, incl. 2m at 7.85% from 184m, at Morro do Ferro
VHM ($61m) - VHM gained Planning Scheme Amendment approval for Goschen, completing all major project approvals and leaving FID subject to funding
EV8 ($50m) - Everlast completed its second export from the Gaibandha Mineral Sands project, shipping ~18t of zircon concentrate to China
ILT ($37m) - Iltani reported 71m at 81 g/t AgEq from 133m at Orient Silver-Indium, Qld, with MRE update in Q4 CY26
FZR ($29m) - Fitzroy River reported a $201k net loss, with the $12.3m received from Endura for its Snowy River royalty held in escrow pending NZ High Court proceedings
LGM ($24m) - Legacy is running an optimised Scoping Study at Mt Carrington, NSW, assessing throughput above 1Mtpa off July's 47.9Mt at 1 g/t AuEq (1.6Moz AuEq), with results due in the Dec quarter
China rare earth firms halt US shipments amid geopolitical tensions (Reuters)
Brazilian court halts Sigma Lithium's Grota do Cirilo project over environmental permit suspension (Bloomberg)
Central-bank gold buying fell over 50% in July despite near-record bullion prices (Mining.com)
Marnie Finlayson betting on uranium resurgence with new reactor tech (AFR)
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Vale not moving forward with critical minerals subsidiary IPO, amid political push back (G&M)
RMS ($7.4B) - Ramelius sold Edna May to Forrestania for $300m ($210m cash, $90m scrip) and holds 9.4% of FRS
CY5 ($204m) - Cygnus said CAML shareholders approved the share allotment for the scheme to acquire Cygnus, satisfying a key condition to implementation
AWJ ($43m) - Auric is in halt pending a proposed acquisition announcement
GA8 ($39m) - GoldArc obtained a waiver to issue contingent shares to Regener8 Resources within 5 years, tied to MRE or production milestones
FAU ($34m) - First Au will acquire five tenements at Sandstone, for $350k cash, $400k shares and $150k deferred
CZN ($30m) - Corazon will complete by 2 Oct the Dynamic Metals gold-rights deal after MRL declined ROFR
African Rainbow considers increasing its 19.9% stake in Canada's Surge Copper after Berg project success (MiningMX)
GML ($221m) - Gateway is raising $25m at 8c
KAO ($152m) - Kaoko raised $20m at $2.20 to fund Chalkos Copper-Silver drilling, lifting cash to over $24m
MDX ($99m) - Mindax secured $3.3m convertible note funding from L&Y at $0.033 conversion and 10% interest
VTX ($40m) - Vertex raised $4.2m via convertible loans at 10% p.a.
US Export-Import Bank considers $750m financing for Aclara's rare-earth facility in Louisiana (Mining.com)
Ownership & Oversight
PLS ($17B) - First Sentier emerged with a 5.7% stake in PLS
LTR ($3.8B) - Liontown director Tim Goyder bought 1m shares for $1.2m, with three others buying, taking aggregate director buys to $1.5m
BC8 ($816m) - Black Cat terminated MD James Bruce, paying 6 months' notice; separately, Chris Stone joined as NED
PC2 ($408m) - Perennial ceased to be a substantial holder in PC Gold
WWI ($189m) - West Wits director Keith Middleton resigned
MMA ($148m) - Maronan appointed Andrew Graham MD/CEO from 23 Nov 2026; Richard Carlton becomes NED
BKB ($98m) - Colin Petroulas lifted his stake in Black Bear to 9.8%
PKO ($28m) - Peako appointed Stephen McIntosh as NED; Louis Bucci resigned on 4 Sep
In the Weeds
Atoms in Algo World (Blind Squirrel) What miners would you hold for 20 years?
Emanuel Datt interview (AFR Fundie Q&A)
Top 50 miners value surges $357B in August, exceeding $2.5T (Mining.com)
‘A difficult time’: Inside Fortescue’s culture crisis (AFR Analysis)
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