The Pre-Start
RSG ($2.9B) - Resolute retracted the ABC scoping study after ASX found no reasonable basis for 100% inferred resource production targets and forecasts | ▼ 5%
ALK ($2.1B) - Alkane posted a record Q3 profit $93m from production of 45koz Au and 377t Sb
CYL ($1.6B) - Catalyst shared resource extension drilling from Old Highway (40km SW of Plutonic plant), hitting 6m at 4.1 g/t and 12m at 3.7 g/t
DTR ($833m) - Dateline reported 287m at 1.1 g/t gold at Colosseum, extending beyond the MRE and supporting an underground target | ▲ 7%
VMM ($354m) - Viridis completed infill drilling at Colossus, on its way to a DFS, and reserve upgrade
AAR ($306m) - Astral extended gold mineralisation at Theia vertically down 210m, intersecting gold at a depth of 614m in a 9-hole program
STN ($304m) - Saturn executed a project agreement with the native title holders WTAC
ARN ($103m) - Aldoro delivered its longest continuous mineralised intercept, with a result of 504m at 1.30% TREO, 4.01% SrCO₃, 0.17% Nb₂O₅ and 190ppm Mo
FLG ($86m) - Flagship reported 115Mt at 0.6 g/t gold (2.1Moz) at Isidora Norte, 91% M+I, pit-constrained at US$3,646/oz
HAR ($62m) - Haranga expects a maiden JORC MRE for Lincoln next week after final assays, including 8.9m at 3.9 g/t gold
High Grade It
Chris Ellison sells $122m stake in MinRes for family office (West) Down 5%
Yindjibarndi people consider appealing $150m compensation ruling against Fortescue (West)
Congo seeks partnerships with CMOC & Glencore to formalise artisanal cobalt mining (Bloomberg)
Zambia allows copper producers to resume sulphuric acid exports to Congo as stocks recover (Reuters)
Chile taps new chair for Codelco amid production, debt concerns (Reuters)
Argentina approves two projects, Cauchari Olaroz and San Jorge via RIGI scheme worth US$2.1B (Mining.com) Lithium Argentina/Ganfeng, Zonda
Get your business in front of the industry’s key decision-makers.
Reach more than 18,000 professionals where they’re actually tuned in.
Put your company front and centre 👇
Appian acquired a majority stake in Namibia's Omitiomire copper mine for US$400m (Bloomberg)
Elemental Royalty acquires Vizsla Royalties for US$239m in scrip & cash, gaining exposure to Panuco silver-gold project (Mining.com)
A1M ($514m) - Rumble is selling its 50% Lamil stake to Aventine Resources for $250k, $300k scrip and 0.5% NSR, subject to IPO
SKY ($203m) - Sky Metals will divest Iron Duke to Locksley for up to $1.1m via option
US gold firm partners with Richard Warke for stalled Venezuela gold project (Bloomberg)
AIM Mining challenges Wiluna over Byrnecut shareholding increase at shareholder meeting (BN)
Word on the Decline
We should all be paying attention to Vault x Regis. Vault has been trading above terms. The finale remains unwritten. Genesis’ scheme with Magnetic completes in June. There’s one more chapter left.
Got Word on the Decline? Reply or email [email protected]. We will always take your privacy seriously.
Ownership & Oversight
In the Weeds
Out of Oil (Campbell Ramble) Sold oil holdings on hantavirus risk
Mauritania sees gold rush in Sahara desert (YouTube) Artisinal mining extracting >120kt of rock a day
Here’s why oil prices haven’t exploded (and it’s not the ceasefire) (AFR)
Ad ban for lab gems is diamonds’ best friend (FT) One way to protect your market!
Were you forwarded this email from someone else?
Today’s Top Tweet
Devil’s in the Detail
Our Latest Show


