SX2 ($2.5B) - Southern Cross updated the Sunday Creek gold-antimony Exploration Target to 10.4–11.9Mt at 8.9–12.1 g/t AuEq (3.0–4.6Moz AuEq) in Vic

PNR ($774m) - Pantoro hit 20.4m at 15.6 g/t gold from 576m at Racetrack, with an exploration drive planned from OK Underground

LRV ($563m) - Larvotto has started commissioning at the Hillgrove Antimony-Gold project, with first antimony and gold production targeted in August

BTR ($340m) - Brightstar kept its 1.5Mtpa Goldfields plant, on schedule for first gold in June 2027, targeting ~75koz p.a. from FY28

SKY ($208m) - Sky Metals in trading halt pending Tallebung Tin-Tungsten-Silver project announcement

MTM ($207m) - Metallium signed a 12-month technology services agreement with Environmental Clean Technologies worth up to US$1.4m (US$500k upfront, then US$225k quarterly) plus 20m options at 18c

GL1 ($143m) - Global Lithium received MDCP approval for the Manna Lithium project, WA, targeting FID Q4 2026 and first DSO Q2 2027

MEU ($110m) - Marmota expanded Stage 3 RC drilling at Greenewood/Mainwood to ~26,000m to support an indicated-resource scoping study, due late August

BRL ($108m) - Bathurst won consents for M2 at Maramarua, adding 4 years at 200kt coal pa; FY27 start subject to customer contracts

ARN ($60m) - Aldoro lifted the Kameelburg MRE to 804.5Mt with ~1.37Mt NdPr oxide, exceeding Mt Weld and Mountain Pass

AVL ($53m) - Australian Vanadium signed an MoU with Alcoa to evaluate vanadium flow battery storage for alumina refinery operations

MAT ($51m) - Matsa returned 26.6m at 4.5 g/t gold from 92.9m at the Lake Carey gold project's Fortitude North

LML ($32m) - Lincoln reported 6m at 0.26% Pb and 0.22% Zn from 90m at the Minbrie Copper project

ALM ($32m) - Alma released first PFS infill assays at Briggs, including 322m at 0.17% Cu from 6.5m

Trump expected to attend event with mining execs amid critical minerals push (Reuters)

Copper is pouring into the US at the fastest rate in 12 years ahead of Trump’s tariff decision (Bloomberg)

Joe Hockey supports Pilbara iron ore cartel plans to counter China's market squeeze (West, AFR) Watch Diggers keynote here

Iron ore prices drop to one-year low amid trader concerns (Bloomberg) $93/t

A $150m critical minerals smelter in NSW? Not without a floor price (AFR) Re: Larvotto

Gupta’s Tasmanian smelter to be liquidated in painful blow for jobs (AFR)

United Wambo mine in NSW reports miner fatality (West)

Mexico's mining investment expected to reach US$6.4B in 2026, up 31% (Mining.com)

Liontown considers acquiring Rio Tinto's mothballed Mt Cattlin (BN)

Evolution eyes more acquisitions with $1.3B cash reserve amid current gold market conditions (BN)

AKN ($49m) - AuKing will acquire 100% of Machinga Heavy Rare Earths in Malawi from Tusker Minerals for $2m cash and $2m in shares

Mariana raises $310m to expand US copper and lithium projects, including Copper One and Lithium One (Mining.com)

“Please refer to our announcement about our Snowy River royalty to get context on the sale of our Bowdens royalty”, huh?

Maybe we’re missing the cryptic messaging here connecting the two. But regardless, we continue to think FZR is a sleeper. Look at TNR Gold to see what can happen when a catalyst approaches these subsized RoyaltyCos.

And now you’re getting them from two different directions - Snowy River (received $12m from Endura, FZR clearly still thinks there’s more to it) plus Bowdens 1-2% NSR (worth a fair quid when you realise it’s a 25yr+ project with $5B+ revenue over its duration).

$23m market cap and a mere $10m EV, why test the market for the value of Bowdens right now unless you’ve been bid yourself? This smells like defense to us.

USL ($427m) - Unico director Jose Bordogna exercised 1m options (27c) and sold 500k shares for $348k

EUR ($423m) - Weiss emerged with 5.1% of European Lithium

KGL ($246m) - KMP Investments invested $40m via the entitlement offer in KGL, lifting its stake to 36.2%

SNX ($38m) - Sierra Nevada Gold founder Peter Moore retired from the board; Adam Oehlman appointed CEO

DGR ($38m) - DGR Global appointed Geoffrey Crow as director

Hirschmann Capital (H1 2026 Letter) “Gold allocations - and, by extension, gold prices - therefore have considerable room to rise”

Uranium: Positioned for the biggest rally on record (Ocean Wall’s Nick Lawson) Now that’s how you title a U post

The Tungsten Market Is Warning of an Upcoming War (Odd Lots) One for W bulls…

Luke Groman (Master Investor Podcast) Very bullish gold

We understand Northern Star’s Diggers presentation was focused on the team getting KCGM right. But not a single Hemi mention…?