• The army of short sellers targeting uranium stocks was scrambling to cover its positions following reports that Trump was about to sign executive orders that aimed to jumpstart the nuclear energy industry (AFR)

• New figures show WA gold sales hit a record high in 2024 ($24B), as did the number of jobs in the State’s mining industry, with 140k FTE positions (West)

• Thermal coal prices could fall further from around their four-year low, said analysts, as surging production in China leads to a glut across global markets (FT)

• The Superpower Institute think thank is making a case for massive taxpayer support to attract green iron investment to Australia (Australian)

• Rio board pushed CEO Jakob Stausholm to quit the giant, after relations between him and chairman Dominic Barton strained (AFR)

• Rio Tinto has been accused of being involved in political bribery relating to its Oyu Tolgoi copper mine (AFR)

• Gold slipped as President Trump indicated there may be easing his aggressive stance on trade with the EU (Bloomberg)

• Officials from the DRC are optimistic they can reach a deal with Washington next month to secure US investment in critical minerals (FT)

• The Trump administration approved Anfield Energy's proposed Velvet-Wood uranium project in Utah after a rapid 14-day environmental review (Reuters)

• Genesis has agreed to acquire the 4Moz @ 1.7g/t Laverton Gold project from Focus for $250m in upfront cash, with various 3^rd party royalties ranging from 1-5%. GMD will fund the deal from cash & revolving facilities, which have been upsized to $225m (GMD) on a face value it seems a great deal for GMD. It also would return FML to net cash…

• Westgold rumoured to be in takeover talks with two Murchison players (West) ASX-listed New Murchison Gold and TSX-listed Monument Mining named. Westgold today said “there is no basis to this speculation”, with NMG also released a statement to say no offer has been received

• The Australian speculated that Northern Star is the most likely buyer of Bellevue, with numerous parties doing DD (Australian)

• Canyon Resources secured a US$140m credit facility with AFG Bank Cameroon for the development of the Minim Martap bauxite project (CAY)

• Auric Mining raised ~$6.7m via a placement (AWJ)

• WA gold producer Horizon Minerals raised $30m at 4.3c (HRZ)

• Victory Metals, which has seen a more than doubling in its stock in the past month, is in halt to raise (VTM)

• With plenty of activity around Ecuador in recent weeks, we are remembering that it’s now been two months since Sunstone revealed it was in advanced discussions for what appeared to be a corporate transaction

• Now capped at $96m, the gold-copper explorer is trading at 3x the share price of the placement price two months ago

• We have no insight on the likelihood of a deal here, but we’re watching closely how that one seems baked into the share price

• MinRes charm offensive: investors tour Onslow on Wednesday (Joe Aston’s Rampart News)

• Can MinRes’ cleanskin chairman tame the Chris Ellison show? (AFR Analysis)

• Bill Beament: Finding the Front Interview - A few years old now, but a cracking interview nevertheless

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