MIN ($13.8B) - MinRes & Ganfeng approved $490m FID for Mt Marion flotation plant and underground, targeting 600ktpa SC6, commissioning 2H FY28

GGP ($8.8B) - Greatland received WA environmental approval for Havieron, completing State & Federal primary permits and targeting FID this quarter

NWH ($3.3B) - NRW subsidiary Fredon secured ~$120m in electrical contracts across Victoria and WA

ZIM ($1.8B) - Zimplats says Zimbabwe has declared PGMs critical minerals and is engaging authorities on the policy's implications

GNG ($877m) - GR Engineering executed two EPC contracts worth $219m for Sorby Hills & Laverton

VMM ($431m) - Viridis produced first MREC at the Colossus demonstration plant, enabling offtake samples. DFS due end‑June 2026 | ▲ 8%

BTR ($395m) - Brightstar approved FID for Goldfields and began constructing 1.5Mtpa Laverton plant, $110m EPC contract signed

BCN ($276m) - Beacon completed resource definition drilling at Iguana with 19m at 11.9 g/t gold from 111m

STK ($264m) - Strickland increased the Gradina inferred MRE to 20Mt at 2.8 g/t gold (1.8Moz), taking the Rogozna MRE to 9.24Moz AuEq

BML ($229m) - GR Engineering executed a $109m EPC with Boab to relocate and commission the DeGrussa processing plant

AT4 ($85m) - American Tungsten & Antimony reported samples to 4,713 ppm tungsten at Tennessee Mountain

PHO ($80m) - PhosCo confirms single‑stage flotation at Gasaat producing up to 31.4% P₂O₅ at 75–84% recovery; updated Scoping Study Q3 2026

MRZ ($39m) - Mont Royal identified a fluorspar zone at Mallard near Ashram, citing historic intercepts including 32.4m at 26.1% CaF₂

NXM ($33m) - Nexus hit 12m at 3.8 g/t gold from 76m at Clement, ahead of a Wallbrook MRE update in Q3

OZM ($27m) - OzAurum will start commissioning the Mulgabbie North heap leach plant; grade control returned 6m at 6.31 g/t gold from 25m

IPT ($26m) - Impact reported 7.1m at 8.4 g/t gold, 42 g/t silver from 79.9m at Commonwealth South

RAP ($26m) - Raptor reported 25.1m at 2.1% CuEq (1.2% Cu) from Chester drilling

MinRes bets $490m on lithium rebound with WA mine expansion (AFR)

Guinea to impose export controls on bauxite to stabilise aluminium prices (Bloomberg)

BHP scales back decarbonisation projects in WA iron ore mines (Bloomberg)

Ghana commits to renewing Gold Fields' Tarkwa lease (Reuters)

The devastating Liushenyu mine explosion has spiked coking coal prices 8% (Bloomberg)

Australian government capital gains tax changes threaten exploration investment (AFR)

Minerals Council of Australia narrows chair shortlist to Mark McGowan after Joel Fitzgibbon declines (Australian)

SVL ($334m) - Silver Mines will acquire freehold land and water entitlements for $12.5m cash

HGO ($154m) - Hillgrove said EL 6592 was renewed, satisfying the Mutooroo partnership condition to issue shares & options to Havilah

LEL ($34m) - Lithium Energy will sell its QLD graphite assets to M Battery Materials for $20m ($5m cash, $15m scrip), proposing an in‑specie distribution

Midas sells Newington project to Forrestania for $1.5m to focus on Otavi (BN)

Amplitude has struck a $58m deal with Beach to buy into the Artisan gas field of Victoria’s offshore Otway Basin (Australian)

AGC ($44m) - Australian Gold & Copper in trading halt pending acquisition and capital raise

GMN ($25m) - Gold Mountain will raise $4.5m at 10c via a placement to fund Brazil rare earths and lithium exploration

We think Fitzroy River has stumbled into one of the ASX’s more fascinating microcap special situations. Endura has lobbed $12.3m on the table to buy back Fitzroy’s 1-3% Snowy River royalty before first production, but Fitzroy appears far more interested in keeping the royalty than banking the cash.

The dispute centres on whether Endura’s “decision to mine” had already occurred, potentially extinguishing the buyback option altogether.

That matters because Snowy River is funded, permitted, near-term producing gold project. With Fitzroy’s market cap (~$20m) still barely above the cheque itself, the market may be missing the point entirely.

The one that we find quite interesting is the 1-2% NSR over Bowden’s silver project. Silver Mines today is spending $12.5m on freehold land - indicating eventual development could be more likely than many people think. And a royalty is a good place to hide until a permitting dynamics evolve there.

BGD ($216m) - Barton MD Alex Scanlon bought $193k of shares on-market and exercised 200k options, increasing his holding by 410k shares

AEU ($141m) - Atomic Eagle director Grant Davey continued buying shares

CUF ($104m) - Tennant Consolidated acquired 15% of CuFe via a share subscription

YUG ($32m) - Yugo Metals appointed Craig McNab NED after Mihajlo Matkovic resigned

DGR ($28m) - DGR Global director Nicholas Mather bought 74.8m unlisted 3c options off‑market for $935k, expiring Jan '27

Gold Fields will be eyeing Northern Star (Dryblower)

The Emperor Has No Clothes - A 65-Year Audit of OPEC (Commodity Compass)

Somebody is less than impressed at Lindian…