The Pre-Start

  • NST ($33B) - Northern Star rejected Elliott’s push to appoint nominees, noting Elliott holds 5.35% swap exposure with no voting stake

  • NWH ($3.4B) - NRW's Golding won $130m civil contracts at Yarrabilba and Shoreline, Qld, completing by Jul 2027 and Mar 2028

  • AMI ($660m) - Aurelia secured Cobar Shire Council approval to increase the Peak plant throughput from ~800ktpa to 1.2Mtpa

  • MM8 ($414m) - Medallion targets an MRE this quarter at Lounge Lizard after 5m at 5.8 g/t gold from 106m

  • PSC ($200m) - Prospect reported 65.8m at 0.42% Cu from 226m outside Nyungu Central MRE, and clarified Sharamba visuals not grade proxy

  • ACS ($98m) - Accent told ASX it is unaware of undisclosed information, citing 10 Aug testwork at the Magnetite Range project

  • OSM ($93m) - Osmond targets a maiden MRE for the Orin EU Critical Minerals project in Spain within four weeks; SOR-07A returned 1.2m at 0.369% TREO, 1.62% ZrO₂ and 5.38% TiO₂ from 312.7m

  • SNX ($47m) - Sierra Nevada Gold commenced a process to commercialise its Nevada assets, redirecting capital to As Safra in Saudi Arabia

  • JLL ($43m) - Jindalee Lithium secured final approval for drilling at the McDermitt Lithium project, Oregon, to start Sep 2026 pending a fire waiver

  • RIM ($39m) - Rimfire clarified Murga Scandium metallurgy: 14‑day recoveries 11.3% and 10.5%; the 60–90% figure was a 200‑day extrapolation, not definitive

High Grade It

  • Central banks drive gold prices up 10% in August, nearing $4,400/oz (Reuters)

  • Northern Star rejects Elliott’s proposal to overhaul board with 6 new members (AFR)

  • Antofagasta cuts 2026 copper output forecast, driving FTSE 100 to two-week low (Reuters)

  • Backlash over Australian plan to mine rare earths near Brazilian homes (AFR)

  • Indonesian gov’t to grant 2026 nickel production quotas selectively to smelters low on raw materials (Mining.com)

  • WA mineral processors face unsustainable cost surge as sulphur prices rise from US$100 to US$800 (West)

  • US Democrats query Vulcan Elements over corruption concerns involving Trump Jr. (Mining.com)

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Wheelin’ n Dealin’

  • NEM ($174B) - Newmont and Barrick will contribute the Fourmile, Fiberline and Mike projects to NGM, with Newmont to pay Barrick US$2B and all JV disputes resolved

  • CMM ($7.4B) - Capricorn will acquire the Piastri tenement package adjoining its Golden Range tenure from Lat 66 for $1.5m in shares

  • ORP ($42m) - Orpheus Uranium executed a sale agreement to acquire up to seven ELs (2,513km²) from Adavale contiguous with the Marree Uranium project

Rattlin’ the Tin

  • Canada Nickel announces upsize of placement to C$21m (PRN)

Ownership & Oversight

  • MDX ($76m) - Ruolin Lan emerged with 9.9% in Mindax after forming an association with L&Y Investment Holdings to seek director changes

In the Weeds

  • A Royalty Rerate (Respeculator)

  • Hedley Widdup High Grade (LSX)

  • Ferg’s Finds (Trader Ferg) “In economics things take longer to happen than you think they will, and then happen faster than you thought they could”

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