RMS ($7.4B) - Ramelius has bought back 39m shares for $151m to date under its on-market buy-back

WAF ($4.3B) - West African produced 233koz Au at AISC of US$1,823/oz in H1, delivered $437m NPAT and closed with $876m cash, declaring a 20c special dividend and planning to accelerate debt repayments

OBM ($3.0B) - Ora Banda commenced underground mining at Waihi, with first ore mid CY27

KCN ($1.5B) - Kingsgate lifted Nueva Esperanza reserves to 51.9Moz silver and 260koz gold, extending reserve life to over 12 years

TLO.TO (C$1.3B) - Talon Metals hit 46m at 13.4% Ni, 16.5% Cu, 0.10% Co, 7.85 g/t Pd, 14.49 g/t Pt, and 8.56 g/t Au | calculate the AuEq on this one!

VUL ($1.2B) - Vulcan reported a €51.8m net loss for H1 on €2.3m revenue, closed with €194m cash and €80m term deposits, and recorded a €328m cash outflow as Lionheart construction advanced

FML ($619m) - Focus declared a maiden fully franked 8c final dividend

EHL ($606m) - Emeco will start an on‑market buy‑back of up to 51.8m shares

VMM ($588m) - Viridis appointed Sedgman and Blossom as EPCM for Colossus, approving up to US$3m pre‑FID works to support 2028 production

TGN ($482m) - Tungsten Mining's Watershed project is fully permitted; early works underway, DFS due Oct '26 and first production H1 CY27

CEL ($332m) - Challenger set 2029 heap‑leach gold start at Hualilán and plans to refinance a US$15m convertible maturing Sep '26

TGM ($261m) - Theta drew US$37m, the first tranche of its US$90m bond, to fund the TGME Gold Mine project

GG8 ($234m) - Gorilla received the final permit for underground mining at Sovereign within the Comet Vale project

OMH ($157m) - OM Holdings posted US$87m EBITDA in H1 for US$26m NPAT, producing 80.2kt FeSi and 169kt manganese alloys

MLG ($136m) - MLG Oz won a $48m, three-year extension with Ora Banda at Davyhurst Gold, plus a one-year option; ~$16m/yr revenue

MKR ($116m) - Manuka reported 32m at 8 g/t gold from 34m at the Pipeline Ridge project, NSW

LNQ ($85m) - LinQ hit 113m at 0.71% CuEq from 33m at Monza in the Gilmore gold-copper project, NSW

AA2 ($77m) - Ariana sent 8t samples for DFS testwork at Dokwe Gold, with 98m at 2.9 g/t gold from 91m

OR3 ($67m) - Ore Resources extended lithium mineralisation beyond the MRE at Kangaroo Hills, WA, with 15m at 1.14% Li₂O from 68m

BOC ($64m) - Bougainville’s independent board committee has reported on responses to EL01 being suspended and subordinated to LSML‑01 under Bougainville mining amendments; the company is taking further legal advice

CP8 ($57m) - Canadian Phosphate extended phosphate strike at Wapiti Phosphate, BC, to 9km while deferring the Barnes bulk sample to Q2 2027 and supplying from 30kt Montana stock at lower margin

GWR ($54m) - GWR shareholders approved a $0.061/share return of capital

QML ($53m) - QMines engaged BurnVoir to arrange funding for Mt Chalmers copper-gold project, progressing in parallel with DFS toward FID

FEG ($50m) - Far East Gold's 34.6% holder Xingye convened an EGM to remove 4 directors

ODY ($48m) - Odyssey Gold hit 9m at 6.8 g/t gold from 99m at Cable West, confirming lodes west of Cable beyond MRE

LEL ($35m) - LE Minerals confirmed Upper Aquifer brine mineralisation at White Plains Lithium Brine with up to 114 mg/L Li at 13–15m

AR3 ($31m) - Australian Rare Earths advanced Koppamurra, commencing MREOH precipitation at ANSTO after generating 5kL PLS via heap leach, to produce MREO samples for offtake qualification and inform DFS design

LAT ($25m) - Lat 66's 2026 scoping study for the KSB Gold-Cobalt project in Finland outlines a 7.5y mine producing 65koz Au and 475t Co pa, with post-tax NPV₈ US$485m, IRR 85%, capex US$130m and AISC US$1.3k/oz Au

JAV ($24m) - Javelin received mining approval for Eureka

PUR ($23m) - Pursuit reported 4.8m at 809mg/L Li from 399m at Mito, Rio Grande Sur

VKA ($23m) - Viking reported 14m at 0.56% WO₃ from 40m at the Linka Tungsten project, Nevada, confirming mineralisation beneath historic workings

Copper hits record highs in NY & London amid supply shortages and tariff fears (Bloomberg)

ERG's Congo cobalt site faces renewed incursions by army-backed intruders (Bloomberg)

Andrew Forrest ties FMG staff bonuses to AI adoption & capability training (Australian)

Tianqi & Ganfeng urge improved data standards to reduce lithium price volatility in China (Bloomberg)

Shane Love criticises WA gov’t for awarding EIS grants to Cauldron amid uranium ban (BN)

Indonesia plans new commodity bourse to influence coal, nickel, tin prices from 2027 (Mining.com)

SBM ($895m) - St Barbara agreed to sell its remaining stake in the New Simberi project to Lingbao for $410m cash plus $43m reimbursement and 2.75%/1.5% NSRs, subject to PRC & PNG approvals | Further 13c divvie being considered

AWJ ($44m) - Auric will acquire the Union Jack leases for $6.6m cash and $3m shares (subject to DD), taking resources up 51% to 301koz Au, with up to $7m milestones and a 1% royalty

LM1 ($34m) - Leeuwin will acquire three tenements (~105km²) in Forrestania & Lake Johnston for 350k shares (~$90k) plus a 1% royalty

Agnico Eagle acquires 22% of Vizsla Resources for $32m in Alaska deal (Mining.com)

Wiluna targets up to $200m IPO as prospectus lodgment nears (West) Keen to get the story out, hey

AAI ($18B) - Alcoa priced US$2.6B senior notes (6.625% '34, 6.875% '36) to fund the US$3.1B cash leg of its proposed acquisition of South32's aluminium assets

BMN ($879m) - Bannerman raised $124m at $4 to fund Etango construction and ramp-up, with an SPP targeting up to $10m to follow

AGE ($211m) - Alligator Energy raised $2.1m at $0.045 via an SPP

LOT ($126m) - Lotus issued $35m zero-coupon convertible notes due Sep '31 (convertible at $0.253 into 138m shares) and 66.3m $0.85 warrants under the CVI Investment facility

We suspect there is more to BHP’s KGHM MOU than first meets the eye.

It is hard to believe BHP CEO Brandon Craig flew to Poland simply to talk about Spence. Our intel suggests he also spent around an hour meeting with government officials while in Lubin.

PLS ($16B) - First Sentier sold $1.8m of PLS shares, falling below 5%

DRR ($2.2B) - Aware Super took a 5.1% stake in Deterra for $16m

FRS ($969m) - Pinnacle built a 5.3% stake in Forrestania after buying $114m of shares

NMG ($914m) - New Murchison director Malcolm Randall sold $121k of shares and exercised 10m options

Frontiering (Trader Ferg) Allocating capital where no passive flows dare to venture

We often admire generalists in the resources sector for how quickly they get up the curve

With that said, Gemcorp Capital takes the cake on building an eclectic portfolio

From looking to buy the entirety of Sierra Rutile (of Fumble in the Jungle fame), to teaming up with former Brazilian star Alex Pato to buy Northampton Town FC

We hear things aren’t great in the UK currently, but is the East Midlands really an emerging market?!

And for an hour yesterday, we didn’t know if Wildcat were turning from spodumene to submarines.