The Pre-Start

LIN ($1.4B) - Lindian entered voluntary suspension pending a response to media speculation
LYL ($700m) - Lycopodium was awarded a $93m EPCM contract for Artemis Gold's Blackwater Expanded Phase 2, adding 13Mtpa
TVN ($570m) - Tivan mandated ICA Natural Resources to arrange debt funding for Speewah, alongside up to $100m equity and EFA/NAIF processes
SPD ($210m) - Southern Palladium entered a trading halt pending Mining Right grant for Bengwenyama PGM project
AUE ($196m) - Aurum reported 6.8m at 28.8 g/t gold from 120m at Boundiali, Côte d'Ivoire; next MRE due end Q3 CY26
HAR ($34m) - Haranga to begin DD at the Lincoln Gold project in late August after dewatering; restart studies target 907t/d under CUP

High Grade It

China's CMRG instructs steel mills to cease negotiations with Rio (Reuters)
US gov’t summons Rio and BHP to Washington for meeting with Trump (Mining.com)
Gold holds above $4,300 as weak US jobs data eases hike fears (Mining.com)
Bank of America to open Perth office, targeting mining deals (West)
Nickel prices fall 3.2% as Indonesia considers increasing ore quota for major mine (Bloomberg)
DRC bans copper & cobalt concentrate exports (MiningMX) Only ~1% of exports this year have been as con
Deutsche and KBC freeze Radiant World funds amid miner withdrawals (Bloomberg) No credit, no trading…
Peru pays Lupaka $49m, settling arbitration over Invicta project protests (Mining.com)

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ELV ($1.5B) - Elevra sold its E45/2364 rights at Tabba Tabba to Wildcat for $16m plus $0.70/t contingent MRE payments
AR1 ($162m) - Austral secured $15m from QIC Queensland Critical Minerals Fund via a royalty to fund Rocklands expansion studies to 4.5–6Mtpa
Allied Gold open to more Zijin Gold deals after $295m stock purchase agreement (Bloomberg)
A US agitator and $10.7B merger in Perth could be the catalyst for WA gold (BN)
Denarius takes 15.6% of Copper Giant, Trafigura takes the concentrate (Kitco)

LAC.NY (US$1.1B) - Lithium Americas entered a securities purchase agreement with Yorkville for up to US$175M in convertible debentures
RIM ($31m) - Rimfire raised $2.3m at $0.008 to fund scandium work and appointed Bronwyn Barnes Executive Chair

We find it a bit odd that we still haven’t sighted a completion announcement from Meeka’s deal struck in April, which was supposed to take two weeks to close?

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SRL ($2.4B) - SailingStone exercised $2m of options in Sunrise, lifting its stake to 8.1%
WCN ($55m) - White Cliff directors Sara Kelly and Troy Whittaker bought $77k and $25k of shares

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