The Pre-Start

  • VAU ($4.0B) - Vault lodged the Sugar Zone Closure Plan Amendment, targeting Q1 FY27 underground restart and Q1 FY28 gold production

  • SLS ($244m) - Solstice extended copper-gold mineralisation 160m north of the 2022 MRE at Nanadie, WA, with 44m at 0.52% Cu, 0.14 g/t Au from 93m

  • AUE ($227m) - Aurum's PFS for the Boundiali gold project outlines a maiden 42.1Mt at 0.9 g/t Au (1.2Moz) reserve, US$342m capex and NPV₅ of US$553m at US$2.9k/oz, targeting FID Q4 CY2026 and first gold H1 2028

  • BRL ($124m) - Bathurst reported the New Zealand High Court dismissed Talleys Group's application to bring a derivative proceeding in its name

  • ARN ($90m) - Aldoro reported 318.3m at 1.51% TREO from surface at the Kameelburg REE-Nb carbonatite in Namibia

  • KSN ($73m) - Kingston will not resume mining at Pearse South after a ramp failure, pausing underground development at Mineral Hill and raising $11.6m at $0.07 to fund drilling and C&M after a $39m revenue hit

  • LNQ ($60m) - LinQ extended mineralisation at the Dam deposit by 100m downdip, including 141m at 0.88 g/t AuEq from 183m

  • VMC ($54m) - Venus received $1m deferred payment from Franco-Nevada, taking proceeds for 1% NSR on Youanmi to $47m

High Grade It

  • Elliott criticises Northern Star board for failing to grasp reputational damage (BN)

  • Iran war tightens ‘super-squeeze’ in metals markets, with copper and aluminium particularly tight (FT)

  • BHP seeks to hire rebel workforce to fight strike threat (AFR)

  • Goldman raises copper price forecast 10% to US$13,735 amid Iran conflict (FT)

  • Fortescue inks mining deal with Juukan Gorge traditional owners (Australian)

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Wheelin’ n Dealin’

  • M Resources, IMR, and Thungela bid for Sanjeev Gupta's Tahmoor coal mine (Australian)

  • Woodside exercises pre-emptive right to buy 10.67% stake in Browse JV from PetroChina (Reuters)

  • SigraFi partners with PeaceGold for artisanal gold supply in DRC's Ituri province (Mining.com)

  • LRV ($581m) - Larvotto will acquire 100% of Hammer via a scrip scheme (1 LRV for 22 HMX), valuing Hammer at $54m (6.7c/share), alongside a $15m placement to Glencore at $1.53 (15% premium)

  • PC2 ($351m) - PC Gold will issue $295k in shares as part consideration to acquire the camp at the Spring Hill gold project

  • QGL ($130m) - Quantum Graphite executed a 20-year exclusive offtake with Sunlands Pure on a cost-plus floor delivering $375/t margin

  • FEG ($55m) - Far East Gold received a $0.13 cash off-market bid from Xingye Gold, open until 22 July, recommending no action

  • WCN ($48m) - White Cliff completed the Great Bear divestment, receiving $1.2m cash and 230m Great Bear shares

Rattlin’ the Tin

  • ELV ($2.1B) - Elevra EGM will be on 16 July to approve C$65m convertible notes with LCSC Holdings

  • MCM ($237m) - MC Mining raised US$9.9m via convertible notes from Kinetic Development and Eagle Canyon for Makhado construction

  • Wiluna plans $400m ASX float amid elevated gold prices despite past receivership (Australian, AFR)

Ownership & Oversight

  • FRS ($667m) - Leeuwin Metals built a 7% stake in Forrestania for $1.7m

  • JMS ($511m) - Pinnacle bought $5.6m of Jupiter shares, lifting its stake to 6.1%

  • AUE ($227m) - Aurum MD Caigen Wang invested $840k at 60c, taking his stake to 4%

  • BGD ($211m) - Franklin took a 6.8% stake in Barton after buying ~$8m

  • BGD ($211m) - Aegis took a 5.1% stake in Barton after buying $12m of shares

  • BVR ($73m) - Bellavista appointed Darren Cooke as director; Michael Wilson resigned

  • AON ($68m) - Apollo director Paul Roberts resigned6

  • NGE ($43m) - NGE Capital sold $225k of Danakali shares, cutting to below 5%

  • POD ($39m) - Podium Minerals appointed Suzie Foreman co. sec

In the Weeds

  • How China Became the King of Electric Cars (YouTube)

  • Red Hill Minerals: The Uncovered Story (Quokka)

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