AAI ($16B) - Alcoa reported Q3 net income US$483m with free cash flow US$472m and cash US$4.4B, as alumina production rose to 2.5Mt and aluminium to 649kt

PLS ($10B) - PLS approved the P2000 FID at Pilgangoora, committing ~$1.9B to target ~2Mtpa spod con from Sept CY29, with NPV₈ of $2.7B and 29.5% IRR | Opinions on excluding ‘enhancing infrastructure’

SLX ($1.1B) - Silex's GLE signed an offtake with Cameco for all output from the Paducah Laser Enrichment Facility, underpinning FID

SBM ($962m) - St Barbara declared a 5c ordinary dividend for FY26

DYL ($843m) - Deep Yellow withdrew Q4 CY26 FID for Tumas uranium in Namibia due to weak equity markets; funded civils continue

LIN ($786m) - Lindian said Kangankunde remains on schedule for December first monazite con, with the 33kV line commissioned and stockpiles at 149kt

BC8 ($518m) - Black Cat paused drilling at Coyote Central to redeploy capital to Paulsens and Kal East, while reporting 1.5m at 47.1 g/t Au from 314m

VYS ($457m) - Vysarn posted $140m revenue and $15.1m NPAT in FY26, closing with $13m cash

SMI ($449m) - Santana expects fast-track draft Nov/Dec and final decision 20 Jan 2027; it commenced debt financing; cash $175m

TGN ($326m) - Tungsten Mining reported initial RC results at Mulgine Trench, WA, including 292m at 0.11% WO₃ from 2m

AUE ($246m) - Aurum reported 12.3m at 1.8 g/t gold from 489.9m outside BST1 resource, with Boundiali MRE due end Oct

MKR ($94m) - Manuka reached full gold processing capacity at Wonawinta, with a second gold sale today and weekly sales to follow; silver circuit commissioning is due Dec with combined processing in Q1 CY27

AEE ($80m) - Aura released the BFS for the Tiris Uranium project in Mauritania, outlining NPV₈ US$500m, capex US$350m and AISC US$41.3/lb for 46.1Mlb U₃O₈, targeting FID in Dec and first production in 2028

CRS ($61m) - Caprice said the maiden Island Gold MRE is due early Nov and reported 3m at 8.7 g/t gold from 192m

LMG ($56m) - Latrobe Mag's Phase 1B is 95% installed and 35% commissioned, targeting first >98% magnesium metal by end-2026

CTO ($52m) - Citigold meeting requisitioned to spill the board and install three nominees sees directors urge votes against

HAR ($24m) - Haranga reported 32m at 10.4 g/t gold from 143m in the first Phase 2 hole at Lincoln

Northern Star CEO Suresh Vadnagra hints at delaying $1.3B Hemi mine to prioritise cash preservation (West)

Anglo chief says tech giants show ‘deep interest’ in mining stakes (FT) See Koala’s reaction

Australia to hit Chinese aluminium with big tariffs over dumping (AFR)

Benchmark tracks nearly 1Mt of potential annual copper production from mine restarts by 2030 (Reuters) Cobre Panama the big one

Zijin halts processing at Bisha copper-zinc mine in Eritrea due to fuel shortage (Bloomberg)

Mercuria delivers DRC copper to US Project Vault's $12B strategic reserve (FT)

Valterra considers underground expansion at its largest platinum mine in Africa (Bloomberg)

NSW to use energy dividends to cut $11B from borrowing costs (AFR)

Gold Fields CEO Mike Fraser dismisses raising Northern Star's rejected $27B buyout offer (Reuters)

China's Xingye defends board spill motion against Far East Gold directors, citing protection of ~$15m investment (Australian)

Richemont & Signet consider joining bid for De Beers valued at $1B (Bloomberg)

FRS ($815m) - Forrestania completed Panel-ordered dispatch for its Zenith bid and plans to declare the offer unconditional after the one-week period

AMD ($48m) - Arrow will acquire the Turee Creek iron ore project in WA from Ground Risk for $150k in shares

M4M ($30m) - Macro completed the $1m acquisition of the Yandi South Iron Ore project from Western Iron Ore

Creasy's AIM Mining targets $200m IPO for Warrawoona and Nullagine gold mines (West) Targeting $1B valuation… mmm…

What will New Murchison Gold do with all its cash? It ended June with A$202m and has likely added another A$50m since. A decent dividend has been flagged once sufficient franking credits accumulate.

But markets aren't particularly forgiving of producers running short on future ounces, and NMG has just 91koz in Reserves. We suspect an acquisition might be on the agenda.

Odyssey, worth just A$34m, looks an interesting candidate. Its Tuckanarra project boasts 451koz, including the 3.8g/t Highway deposit, on granted MLs and truckable to most Murchison mills. It wouldn't require any deviation from NMG's existing playbook.

There's a complication, however. Monument, Odyssey's 20% JV partner, claims to have ousted Odyssey as manager after it struck a Kirkalocka toll-milling deal without Monument's consent. That deal was terminated this week, with Odyssey now negotiating an alternative for its 80% share while the JV dispute heads to mediation. Attractive ounces in a hungry neighbourhood, if the headaches can be untangled.

MinRes expands Darren Hardy's role to include lithium, alongside iron ore and energy oversight (West)

Regis appoints Macliver as chair-elect after favourable court ruling on McPhillamys (BN)

BMN ($719m) - Bannerman director Danny Goeman resigned

EZL ($218m) - Euroz Hartleys appointed Alan Logan CEO ahead of its BMO tie-up; Jay Hughes returns as Chair

CAY ($87m) - Canyon CFO and company secretary Kudzai Mtsambiwa resigned

A Bush Valuation of Rio Tinto’s Iron Ore Business (Mining Valuation Assistant)

The Staggering Costs of a Single AI Data Center (Bloomberg) Walk through why it cost US$30B+

Albanese govt red tape risks billions in resources investment to global rivals (Australian)

Trader Ferg interview (Palisades)

Is it just us, or has Deep Yellow spent a year coming round to John Borshoff's position, minus John Borshoff?