• South32 “expects” its Australian manganese operations at Groote Eylandt to come back online in Q3 of FY25 (The West)

• The copper price is nearing US$10,000/t with investors bullish on global demand and inflation remaining stubborn (Bloomberg)

• The Environmental Protection Authority confirmed Chalice’s Gonneville will go through a full assessment that’s expected to take 2 - 3 years (The West)

• Australian iron ore majors have backed a report stating Australia is facing a $25b-a-year economic hit from low iron ore prices (AFR) - We can’t help but think what the incentive might be for BHP, RIO, FMG & Roy Hill to work together might be…

• Following some short-term delays, Boss Energy has produced its first yellowcake from Honeymoon (The West)

• Gold has backtracked as Middle East tensions ease following air strikes. The precious metal remains up 15% year to date (Bloomberg)

• Russia’s Nornickel (Norilsk) will close its copper plant in the Russian Arctic and build a new one in China after Western technology partners refused to supply parts (Reuters)

• Copper output at Chile’s Codelco is set to rise this year, according to CESCO, with production targetted between 1.36Mt (Reuters)

• Nickel price rose to US$8.87/lb on the back of US/UK sanctions on Russian supply (Benchmark Source) - Will this be a positive for the WA nickel industry?

• Russia’s record floods submerged Rosatom uranium mines in Urals. There are fears that radioactive and chemical pollution could seep into nearby river (The Moscow Times)

• Gold Road has ceased its participation in the Orion Resource Partners-led Greenstone Gold Mines sales process (GOR) - Despite interest in Greenstone ending, GOR has very much revealed its future intentions

• G Mining announced a deal to buy Reunion’s Oko West gold project in Guyana for C$875m (Mining.com)

• American-listed Energy Fuels traded down 10% overnight, on the back of their high-premium scrip takeover deal to take over ASX-listed Base Resources - Truly one of the stranger bits of M&A we’ve seen

• Saudi Arabia is reportedly nearing a US$1b deal to buy a stake in Barrick’s Reko Diq asset in Pakistan (Mining.com)

• Rox Resources are in trading halt pending an entitlements issue capital raise (RXL)

• Ionic Rare Earths are in trading halt to raise cash (IXR)

• New Zealand gold developer Santana Minerals is raising capital (SMI)

• Reports of Metals Acquisition Ltd having Mt Isa Mines in it’s crosshairs. MAC top dog Mick McMullen commented on the call today "I'm not aware of a process for Mt Isa".

• Saudi Aramco’s chief executive has defended China’s role in the green energy transition, amid ties between the nations tightening (FT)

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