• BHP is investigating corruption allegations contractors were paid millions for non-existent or greatly exaggerated work, with a whistle-blower suggesting the sackings were the tip the iceberg (Australian)

• Fortescue posts record tonnes as tariff threat hangs over iron ore (AFR)

• Rio Tinto warned shipments of iron ore will be impacted this quarter after tropical cyclone Sean (Bloomberg) the railcar dumper at port could be offline for 3-4 weeks

• A coal miner has died with 16 more injured following a fire at the Knurow-Szczyglowice colliery, 850m below surface, in southern Poland (ABC)

• The Indonesian parliament proposed a revision of mining laws to help accelerate the development of its mineral processing industry (Reuters)

• Teck grows 2024 copper output by 50% on QB ramp-up, while planning to grow copper production to 800ktpa by 2030 (MNN)

• The mining lobby group most sceptical of the Albanese govt’s $7.1b of tax credits for miners over the next decade, MCA, has now publicly said it is on board with the policy (West)

• Santos expects increased production amid NT expansion plans (Australian)

• World’s No.1 cobalt miner, CMOC, sees 2025 output approaching record (Bloomberg)

• Gold prices firmed on Thursday in the mid US$2,700s as the dollar softened following U.S. President Trump's call for lower interest rates (Reuters)

• QLD’s budget “black hole” is a catalyst for government action as public debt increases and mining royalty revenue falls (Livewire)

• Commodity relief as Trump avoids “shock and awe” tariffs (AFR)

• NAIF is readying itself to take a likely haircut on $135m Strandline debt (West)

• ASX coal stocks face nervous wait for 2025 price recovery (Livewire)

• AFR reports that there is real risk that the Japanese minority shareholders of the Queensland coal mines acquired by Peabody late last year exercise their pre-emptive rights and match Peabody’s bid (AFR)

• Voltaic Strategic Resources has emerged as a 4.2% shareholder of Geopacific post its recently completed entitlement offer (VSR)

• Aurum are a smidgeon away from the compulsory acquisition threshold as part of their takeover of Mako Gold, now holding ~89.9% (AUE)

• Buru Energy agreed to sell its 50% interest in the Barbwire Terrace base metals project to Sipa Resources in exchange for a 0..6% NSR royalty (BRU)

• The scheme between Southern Cross Gold and TSX-V listed Mawson Gold (now called Southern Cross Gold) was implemented, with SXG to come off the ASX boards later this month (SXG)

• This segment has been pretty quiet this week (it is only January still TBH), but don’t despair Money Miners. Post Australia Day long weekend + the conference circuit kicking off in early Feb regularly marks the “full” return of corporate Australia and we reckon we’ll see raisings coming in hot

• B2 Gold announced the offering of convertible unsecured notes due in 2030 with a principal of US$350m (BTO. TSX)

• With A$62m cash + ~US$180m coming in the door from Ganfeng and a 1.5% royalty on Goulamina, does anyone want to have a crack guessing what Leo Lithium ends up buying?

• A New Dawn for Nuclear Power (Goehring & Rozencwajg)

• Saudi Arabia Faces Investor Doubts Over Big Mining Ambition (Bloomberg)

• EU plans subsidy for EV car sales to counter China (FT)

• Sibanye-Stillwater’s lessons about US mining sufficiency (MNN)

• Would a combined Rio Tinto-Glencore mining giant be a good idea for investors? (Janus Henderson’s Dan Sullivan Livewire)

• El Salvador: can gold mining be carried out without poisoning water? (MNN)

• BlackRock’s Fink: Elevated Inflation is the World’s ‘Biggest Risk’ (Bloomberg Vid)

• Mineral wars: Why Trump needs Greenland (Livewire)

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