PLS ($16B) - PLS produced 880kt spodumene concentrate in FY26, delivering $1.9B revenue, $1.1B underlying EBITDA and $526m NPAT, closing with $2.3B cash; the board declared a fully franked 5c final dividend

PRU ($8.1B) - Perseus completed its on-market buy-back, totalling $127m

PDI ($4.5B) - PDI Gold changed its name from Predictive Discovery

ALK ($2.4B) - Alkane discovered a new domain at Cuffley and has integrated it into the Costerfield mine plan

SMR ($2.4B) - Stanmore produced 6.5Mt saleable coal in H1, generated US$174m underlying EBITDA, closed with US$72m net debt, reaffirmed guidance

MAH ($2.3B) - Macmahon was awarded a $485m 42-month extension at Telfer

GNG ($1.1B) - GR Engineering guided to FY27 revenue of $825–$850m and launched a $100m placement to fund working capital and acquisitions, after EBITDA of $63m

FRS ($652m) - Forrestania updated the British Hill MRE to 3.3Mt at 1.7 g/t gold for 176koz, incl. 100koz indicated

PC2 ($368m) - PC Gold reported 8.3m at 7 g/t Au from 353m, ahead of a Q4 CY26 MRE update

HCH ($347m) - Hot Chili's La Verde copper-gold drilling hit 472m at 0.41% CuEq from 49m, incl. 105.8m at 0.70% from 397m

TGN ($335m) - Tungsten Mining appointed Cutfield Freeman & Co as debt advisor for the Watershed Tungsten project, targeting FID Sep '26

TRE ($306m) - Toubani received US$25m first drawdown under a gold stream with Eagle Eye for Kobada construction

ALR ($285m) - Altair's trenching at South Oko, Guyana, returned 10m at 10.2 g/t gold and defined mineralisation across 1km x 1.2km

CNB ($271m) - Carnaby lifted the Greater Duchess project MRE to 30.8Mt at 1.6% CuEq, up 10%

GBR ($173m) - Great Boulder reported first assays at the Peak Hill Gold project, WA, including 23m at 2.2 g/t Au from surface

BHM ($144m) - Broken Hill Mines reported 17.8m at 10.1% ZnEq from 420m at Centenary; MRE upgrade targeted in Q4 CY26

PGL ($119m) - Pilbara Gold hit 22m at 2.04 g/t gold from 122m at Main Hill Extension; Mt York resource drilling 50% complete

CAY ($108m) - Canyon said lender AFG Bank Cameroon suspended drawdowns, prompting withdrawal of the Minim Martap development schedule; cash $31m, US$75m drawn | See our latest episode

LRT ($97m) - Lowell reported $33m profit on $38.7m revenue, ended with $100m net assets and $10m cash, and declared a $0.14/unit distribution

RML ($94m) - Resolution reported 306m at 0.64 g/t gold from surface at Golden Gate South, extending mineralisation 2km south

GBE ($84m) - Globe Metals & Mining began on-site development at the Kanyika Niobium project

PNN ($74m) - Power Minerals reported 53m at 9.9% TREO with 1.7% MREO from surface at Morro do Ferro

AON ($72m) - Apollo identified additional unmined tungsten zones at Couflens (Salau), with Phase 1 drilling to test Veronique and Veronique-Upper

RTR ($68m) - Rumble secured a Groundwater Extraction Licence

IBR ($58m) - Iron Bear received the final US$1.3m from Vale under Phase 1, bringing total to US$18m for the Iron Bear iron ore project

MAT ($46m) - Matsa in halt pending Devon Pit update

ADN ($28m) - Andromeda produced 99.9986% HPA at pilot-scale from Great White, independently verified, with output to feed samples and a PFS | ▲ 8%

NMT ($26m) - Neometals entered a trading halt pending assay results, while disclosing in an ASX query response that $2.5m of placement proceeds remain unpaid and it executed a $2m standby facility with related party Coal Holdings

WMG ($22m) - Western Mines Group reported 235m at 0.28% Ni from 83m at Mulga Tank

Gold prices rose 4%+ last week, nearing three-month high after US Treasury bond buyback (Reuters)

Niger awards former Orano-operated uranium mine to state company Tsumco, increasing state control over Somaïr (Mining.com)

Lithium prices rebound as WA miners, including Gina Rinehart, drive renewed optimism in the sector (West)

Queensland gov’t earns nearly five times more in royalties from coking coal mines than company profits (Australian)

CMM ($8.0B) - Capricorn acquired the Piastri project, issuing 102k shares

AEU ($174m) - Atomic Eagle agreed a Mining Convention with Niger to re‑establish a 60% stake in Madaouela uranium, the State 40% (15% free carried, 25% contributing), with US$5m on grant and US$5m at construction

CAY ($108m) - Canyon's bidder A2MP extended its takeover offer to 21 Sep

Northern Star's Stuart Tonkin and Ora Banda's Luke Creagh invest $3m in West Perth property (West)

Central Nevada Gold seeks to acquire more precious metals assets in Nevada after purchasing Mule Canyon mine from Newmont (Mining.com)

Bunker Hill acquires Silver47 in $163m all-stock deal, expanding into Alaska, Nevada, and New Mexico (Mining.com)

FFM ($1.4B) - FireFly in a trading halt pending capital raise and scoping study/MRE results / $180m according to AFR

BNZ ($1.3B) - Benz raised $150m at $3.71 (0% discount)

LGF ($1.1B) - L1 Gold Fund launched an equity raising of up to $517m at $2.25 (7% discount) | Equal to pre-tax NTA (Australian)

GNG ($1.1B) - GR Engineering is raising $100m at $6.10 (equal to 10-day VWAP)

TNC ($60m) - True North completed T1 of its placement raising $12.2m at 37c

SNX ($57m) - Sierra Nevada is raising $12m at 10c; at As Safra, it hit 16m at 1.49% Cu from 160m

HMG ($43m) - Hamelin completed T1 of its placement, raising $8m

Metals Exploration secures $27m equipment financing for La India gold project in Nicaragua nearing December production (Mining.com)

Monday mornings are usually reserved for “Merger Monday”. Today, the dealmakers can have a breather, nearly $1B of equity raisings have landed across Firefly, Benz, GR Engineering and L1 Capital’s gold fund.

The striking part is the pricing. Discounts are razor thin.

The ducks are quacking.

M&A can wait, for now. It’s ECM Monday.

RMS ($7.4B) - First Sentier fell below 5% in Ramelius

ALK ($2.4B) - Alkane added Jennifer Purdie and Gabrielle Upton as directors

C79 ($867m) - Yarra Capital bought $6.8m of Chrysos shares, moving to 5%

WIA ($800m) - Josef El‑Raghy bought $1.6m of WIA shares

PEN ($160m) - Davidson Kempner sold $1.9m of Peninsula shares, trimming its holding to 6.6%

KLI ($101m) - Killi appointed Hamish Halliday as MD, with interim CEO Brett Smith moving to GM–Technical and CEO Kathryn Cutler resigning

VMC ($61m) - Venus appointed Graham Leaver as Senior Exploration Manager

WCE ($41m) - West Coast Silver appointed Serge Smolonogov as CEO; Bruce Garlick to depart

July Aussie Fund Performance (AusYield)

Weekly Watchlist (Respeculator) US Govt actions, El Nino carnage, gas/wind turbines, energy prices

It’s no coincidence Grant Coyle’s initials are GC. He’s having fun with this one.