EVN ($28B) - Evolution posted $1.6B record NPAT, lifted its dividend payout target to ~60% of group cash flow and declared a 21c fully franked final dividend; FY27 guidance 660–730koz Au, 63–70kt Cu at AISC ~$1,895

WHC ($6.4B) - Whitehaven reported 40.3Mt managed ROM and $227m underlying NPAT at $132/t unit cost, declared a fully franked 6c dividend and will buy back up to $47m; FY27 ROM guidance 38–41Mt

ILU ($3.1B) - Iluka reported a $24m NPAT loss on $433m mineral sands revenue in H1, generated $247m operating cash and cut mineral sands net debt to $273m, commissioned Balranald, and declared a 3c interim dividend

BCI ($1.4B) - BCI announced Mardie is 85% built, cost to complete $258m and $423m available funds; debt drawn $587m, targeting first salt on ship in Q1 CY27. It awarded a contract to build a 150 kg/hr SOP pilot plant

LYL ($762m) - Lycopodium guided FY27 NPAT of $54-58m, up 40%, after reporting FY26 NPAT $40m, $106m cash and a 59c dividend | ▲ 12%

RXL ($718m) - Rox signed a native title mining agreement for Youanmi, allowing future tenure and approvals; first gold mid-CY27

KGL ($375m) - KGL signed a $36m village contract, targeting sulphide mill feed in H1 CY28

PC2 ($298m) - PC Gold recorded up to 99.4% gold extraction at P80 106–150µm at Spring Hill; SGs 2.87–3.07t/m³ vs 2.57–2.77 used

HGO ($230m) - Kantra Copper (formerly Hillgrove) changed its name and will consolidate capital, ASX code KAN effective early Sept

SS1 ($213m) - Sun Silver reported 98.3m at 120.3 g/t AgEq from 173m outside the current MRE at the Maverick Silver project

IVR ($129m) - Investigator Silver lodged an MLA for Paris Silver

GHM ($122m) - Golden Horse reported 16.6m at 3.4 g/t gold from 392m at Hopes Hill, mineralisation continuing beneath the pit

FXG ($119m) - Felix Gold was selected by the U.S. DoE to negotiate up to US$18m for the Treasure Creek antimony pilot processing facility | ▲ 12%

BRL ($103m) - Bathurst’s Tenas met coal project entered the final EAC Effects Assessment phase, starting a 150-day review then 30-day decision

OSM ($91m) - Osmond retracted its 14 Aug 2Mtpa processing design claim

PHO ($76m) - PhosCo hit 19.4m at 20.7% P₂O₅ from 81.6m in maiden drilling at the KH prospect, Gasaat phosphate project, Tunisia

LM8 ($69m) - Lunnon intersected a structure at Benmore, Foster-Baker, returning 17.9m at 0.6 g/t gold from 302m (est. 40m true width)

OR3 ($54m) - Ore Resources reported 27m at 1.33% Li₂O from 4m at Kangaroo Hills, with DSO study and MRE due within weeks | ▲ 8%

CZR ($52m) - CZR extended mineralisation at Croydon: Top Camp >900m; 4m at 4.4 g/t Au from 142m

GW1 ($43m) - Greenwing selected four DLE pilot partners for the San Jorge lithium brine in Argentina, commencing ~3‑month bench‑scale tests

MRD ($39m) - Mount Ridley lodged a provisional patent for its Selectro leach, with recoveries up to 83% HREE and 56% gallium | ▲ 7%

ADN ($28m) - Andromeda signed a non-binding HOA with Traxys for a sales agency targeting 2ktpa HPA into the US, implying US$40m pa

China's steel output drops to lowest in 2026 (Reuters)

BHP criticises Queensland's sliding-scale royalty regime, calling it unsustainable for new (West)

Mali's industrial gold production surges 30%, surpassing 43.2t forecast (Mining.com)

BHP embarks on $70B expansion under Brandon Craig, marking largest project in its history (AFR)

Zambia's President Hakainde Hichilema re-elected, ensuring policy continuity for copper expansion (MiningMX)

EUR ($518m) - European Lithium & Critical Metals revised their scheme to a floating, capped/collared scrip ratio (0.025–0.045); at current VWAP the 0.045 cap applies, delivering 0.045 Critical Metals shares per EUR share

ASM ($344m) - Australian Strategic Materials' acquisition by Energy Fuels' won Court approval; holders to receive 0.053 Energy Fuels CDIs plus 13c per share

AS1 ($297m) - Asara will sell its ~75% of Paguanta to Ajax for up to US$1.4m

ZNC ($56m) - Zenith updated its target statement, reaffirming accept recommendation for Forrestania bid; ZNC will consent to waiving conditions so it can go unconditional

EPM ($49m) - Eclipse regained 100% of the Liverpool uranium project after Boss Energy withdrew

SRT ($27m) - Strata confirmed Freedom Bidco withdrew its takeover offer, with a block being sold to a third-party investor

Aramco & Maaden to form JV for copper and other minerals in Saudi (Mining.com)

An open letter to the Ausgold board (Raper Capital)

MM8 ($438m) - Medallion is in a halt pending a capital raise

Glencore plans Australian ASX debut, could join ASX 100 within six months (Reuters)

McEwen Copper seeks $4B financing for Argentina mine, in talks with Rio (Bloomberg)

The flip side of BHP’s push to squeeze another US$2/t out of WAIO costs appears to be showing up in Perth

Rumour around the office is that WAIO leadership has been told to find further reductions in staff numbers, with cuts being worked through gradually to avoid any bad press of “job cuts”

Oops

PAF ($5.1B) - Allan Gray sold down its stake in Pan African, falling below 5%

WAF ($4.0B) - L1 sold $51.3m of West African shares, trimming to 9.7%

DRR ($2.2B) - Aware Super sold $2.1m of Deterra shares, falling below 5%

CIA ($1.9B) - Kopernik lifted its Champion Iron stake to 8.3%

FFM ($1.5B) - Regal sold $12.6m of Firefly Metals shares, falling below 5%

ARR ($207m) - American Rare Earths appointed Nick Lissolo as CCO

LOT ($105m) - First Sentier lifted its stake in Lotus to 7.1%

YRL ($55m) - Regal trimmed its holding in Yandal to 17.6%

BCA ($52m) - Jetosea took a 6.3% stake in Black Canyon, buying $2.9m

WA iron ore windfall paid for its GST distribution deal (Scott Morrison op-ed)

New Investment Opportunity: Sub-Economic Resources NL (Strictly Boardroom)

Learning to Dance in a Hurricane (Fred’s Corner) “Things I wish I knew before becoming a (commodity) trader”

Nothing says “rare earths” like a submarine. Twice. In the first 3 pages.

We’re underwater before looking at the economics.