RIO ($290B) - Rio's Tomago secured power to 2038, 100% renewable from 2033, with $1.1B investment including $100m for decarbonisation

ORE ($1.9B) - Orezone produced 59koz gold in Q2 at AISC of US$2.4k/oz, generating US$45m NPAT, with cash US$97m; Bombor Stage 2A remains on track for Oct commissioning

BRE ($1.2B) - Brazilian Rare Earths' Rocha scoping study outlines after-tax NPV₈ US$7.9B and 89% IRR with US$969m capex, forecasting 5.3ktpa NdPr oxide and 2.3ktpa HRE+ concentrate over a 14-year LOM from 2031 | ▲ 9%

A1M ($602m) - AIC Mines intersected 46.4m at 3.6% Cu, 1 g/t Au from 147m (incl. 10.5m at 14.4% Cu, 3.8 g/t Au from 152m) at Brumby, Cannington, Qld

CEL ($466m) - Challenger will transition Hualilan away from third‑party tolling to an integrated operation over 4 months, assessing a Casposo ore‑purchase deal

NVA ($309m) - Nova lodged the antimony plan of operations for approval in Alaska and produced antimony trisulfide and metal | ▼ 5%

CNB ($246m) - Carnaby reported 20m at 2.2% CuEq from 33m at the Miniboom Lode, part of Greater Duchess

ZEO ($160m) - Zeotech executed a non-binding MOU with VINCI Construction to trial AusPozz metakaolin in concrete toward commercialisation

CVV ($151m) - Caravel set Sep 2026 for the Caravel Copper project DFS and cut water demand to 12GL/yr

LKE ($133m) - Lake disclosed threatened proceedings regarding disclosure around Kachi. It also issued 90m ATM shares raising $4.9m

GBM ($98m) - GBM confirmed BXM extends 700m south of 309 at Twin Hills Gold, with Stella returning 8m at 1.3 g/t gold from 126m

LM8 ($68m) - Lunnon completed the Lady Herial gold open pit early, with July invoicing of $14.8m taking pre-tax FCF to $35m

WCN ($56m) - White Cliff confirmed Cu-Ag continuity to >280m at Danvers 3 (Rae copper), with 13.9m at 1.98% Cu from 226m

GWR ($46m) - GWR noted the Takeovers Panel Acting President declined interim orders sought by shareholder Jeremy Raper; a Panel will consider proceedings

WCE ($41m) - West Coast Silver hit 67.1m at 19 g/t Ag from surface at Elizabeth Hill, feeding an MRE in Q4 2026

Elliott nominates 6 candidates for Northern Star board, including ex-Anglo CEO Cutifani (Bloomberg)

Copper price hits record $6.71/lb on Comex amid London supply squeeze (Mining.com)

Codelco abandons copper growth target amid setbacks (Bloomberg)

Australia bails out Rio's Tomago aluminium smelter with $1B commitment (Bloomberg) $2.5B, 10yr bailout that will involve a $1.1B facility upgrade by Rio

S32 faces strike threat at Worsley alumina refinery (BN)

Swedish gov’t approves Boliden's Laver project, potentially doubling Sweden's copper production (Mining.com)

EGA to restore UAE smelter output by Q1 2027 (Bloomberg)

CYL ($1.7B) - Catalyst to acquire mining tenements for $2m via issuing 313k shares

CAY ($101m) - Canyon said A2MP Investments has dispatched its $0.05/share bid, opening and conditional on 75% acceptances; A2MP already holds 55.6%

C1X ($27m) - Cosmos's subsidiary EAU Lithium signed an MSA with VULTEC to supply VULSORB A‑DLE and engineering for lithium feasibility in Bolivia

SM Investments plans to consolidate mining assets, eyeing Tampakan gold & copper mine ownership (Bloomberg)

LFT ($244m) - LI-FT Power raised C$23m at C$2.90 to fund Renard C&M and working capital

AGE ($209m) - Alligator opened an SPP at $0.045 targeting $3m to fund Samphire and Big Lake programs

POD ($40m) - Podium launched an underwritten SPP to raise $4m at 3.4c, underwritten by Leeuwin Wealth

HMG ($40m) - Hamelin Gold in a halt pending capital raise announcement

Canyon is shaping up as a neat case study in how minority shareholders can get squeezed in capital-hungry mining developers. A2MP/EEA already owns 56%, and is bidding 5c cash, a seemingly absurd 42% discount to Canyon’s pre-bid 8.7c close. Its justification? Minim Martap’s economics have deteriorated.

Canyon still needs substantial capital to get Minim Martap producing, while A2MP is effectively the marginal funder.

History is littered with similar outcomes, from PolyMet to ERA, where repeated funding needs steadily strengthened the controller.

Our bet: 5c is not the final price, but minorities have limited leverage.

Unfortunately for Toubani and Prospect, the “strategic investor” looks a lot more like a shark on the register now.

NST ($32B) - Northern Star appointed Terry Bowen as NED

USL ($532m) - Unico Silver NED Melanie Leydin resigned after 9 years

TRE ($300m) - Helikon added $30m of Toubani shares, partly via off-market entitlement and sub-underwriting subscriptions, lifting its stake to 23%

ILT ($35m) - Iltani director Anthony Reilly bought 100k shares for $46k

Volatility is the new normal (Trader Ferg)

"all the gold" is hiding in plain sight (Alyosha)

Northern Minerals’ shareholders may finally get to discuss 2025, just in time for 2027.