WGX ($4.3B) - Westgold committed to expand the Cue hub to 1.7Mtpa in FY28 with $22m debottlenecking, commissioning FY27 for ~15kozpa gold

EQR ($1.3B) - EQ Resources posted record $51m July revenue on 14,756 mtu tungsten sales, with Barruecopardo $39m and Mt Carbine $12m | ▲ 11%

SBM ($526m) - St Barbara lifted Nova Scotia gold exploration spend 64% to $4.1m in FY27, doubling headcount and planning up to 4,400m of RC/IFRC across 5–7 targets near the 15-Mile Processing Hub project

FRS ($517m) - Forrestania upgraded the British Hill MRE to 2.6Mt at 1.5 g/t Au for 126koz

CYM ($246m) - Cyprium will update Nifty Copper Complex resources and reserves in Q3, targeting 6ktpa copper cathode in Phase 1

MYE ($123m) - Mastermyne secured a services contract with GM3 at Dendrobium: $85m for 2 years, extendable to $255m over 6 years▲ 17%

ASN ($68m) - Anson flagged a non-binding US$358m Utah incentive package for the Green River Lithium project, with approvals expected September

TNC ($64m) - True North’s Wynberg Gold-Copper scoping study targets $53m–$87m pre-tax cash flow from 0.87Mt producing 53koz AuEq (47koz Au, 2.1kt Cu), with approvals in place for tolling or Cloncurry Copper integration

WCN ($55m) - White Cliff Minerals hit 42m at 1.43% Cu from 200m at Danvers 3, Rae Copper project, extending the system >280m

QML ($43m) - QMines updated the Mount Mackenzie MRE to 5.2Mt at 1.0 g/t Au (170koz Au), 70% indicated; Au up 32%

LEX ($30m) - Lefroy reported 6m at 5.48 g/t gold from 69m at Mt Martin, WA, with the scoping study due this quarter

Gold expansion projects create construction bottlenecks and wage pressure for Australian miners (AFR)

Codelco halts El Teniente expansion due to seismic risk (Mining.com)

Copper nears $14k/t in London as US stockpiles tighten global market (Bloomberg)

Anglo CEO warns diamond industry underestimated lab-grown gem threat (FT)

US DoD cancels $300m tender for 16kt of battery-grade lithium carbonate (Bloomberg)

Ramelius reports unprecedented demand for engineering contractors amid gold construction boom (West)

Rio indicates no urgency to renew Glencore deal as standstill concludes (Reuters)

Lockheed Martin negotiates with NioCorp Developments and Teck for US mineral supplies (Mining.com)

SRL ($2.1B) - Sunrise Energy issued 13m shares from option exercises, raising $39.5m

CXO ($728m) - Core Lithium drew US$44m Tranche 2 from InfraVia/Glencore's convertible notes, completing Finniss restart funding

LFT ($312m) - Li-FT Power will raise C$20m at C$2.90 to fund Renard C&M

TRE ($258m) - Toubani completed the retail leg of its entitlement offer, taking total proceeds to $70m

KGL ($246m) - KGL completed the $180m placement at 20c

IXR ($70m) - Ionic Rare Earths raised $8m at $0.26

CIA ($2.0B) - Kopernik bought $22m of Champion Iron shares, lifting its stake to 7.2%

BCN ($298m) - Colin Petroulas lifted his stake in Beacon to 23.3%

CBE ($296m) - Cobre director Michael Addison bought $108k of shares at $0.285

KGL ($246m) - RCF subscribed $7m at 20c in KGL's entitlement offer, now 8.1%

FUN ($39m) - WndrCo Holdings took an 18.6% stake in Fortuna for $8.6m

Precious Metals vs. Copper (Paulo Macro) When Positioning & Sentiment Becomes 90% of the Game

Mid-Year Newsletter (Geologo Trader)

The age-old challenge with a retail entitlement offer… they just take so long

Little wonder retail holders of Toubani weren’t so keen, with the new 30c shares now changing hands at 25c

One for CG (and in all likelihood the hedgie + EEA sub-underwriters) to handle now