• Ramelius shared an updated 17-year, 2.1Moz mine plan at Mt Magnet. The outline came in below expectations, with life of mine capex higher than anticipated (RMS) Down 11% on a bad day for goldies

• Resolute released its annual R&R statement, with total resources maintained at 11Moz and reserves now at 4.4Moz. Syama North reserves increase to 1.5Moz following drilling work (RSG)

• Pantoro published an exploration update following drilling targeting the Hinemoa Fault, 22km north of Norseman. The company reported positive results as it targeted a known line of historic workings (PNR)

• Rox shared further results from Youanmi, with a headline hit of 6m @ 19.08g/t from 220m. Drill program is 64% complete (RXL)

• G2 Goldfields increased its gold resources at Oko in Guyana, with indicated resources now standing at 1.5Moz @ 3.4g/t (GTWO.TSX)

• Meridian’s PFS for Cabaçal delivered an NPV₅ of US$984m & 61% IRR from the Au-Cu-Ag project. Initial capex came in at US$248m, with expansion to 4.5Mtpa planned from year 4. Average annual production of 141koz AuEq (MNO.TSX)

• Ausgold released results from 4.1km of drilling at the Southern Zone. The standout hit was 10m @ 10.55g/t from 42m (AUC)

• Hot Chili’s Nicole Adshead-Bell and Stephen Quin, non-exec chair and director respectively both tendered their resignations effective immediately (HCH)

• Eagle Eye Asset Holdings increased its stake in Canyon Resources to ~43.6% (CAY)

• Vault, West African and Antipa shared investor presentations

• Short sellers feast on Tim Goyder’s fallen angels Chalice and Liontown, after he decided to sell 2.6% of Chalice stock on Friday (AFR)

• Tropicana out-produces the Super Pit as biggest-producing operation in the Goldfields for CY2024 (West)

• Rio-backed Tomago aluminium smelter’s management has bowed to striking workers as hopes fade for a US tariff exemption (Australian)

• Rio pressured to drop UK listing despite $715m separation cost (AFR)

• Tin mining is expected to resume in Wa state, Myanmar (MNN)

• Electricians blow a fuse over safety problems at Greenbushes lithium mine expansion (West)

• BlackRock, the world’s largest asset manager, has cut its exposure to the Australian sharemarket, citing poor value (AFR)

• Bridgewater Associates, the world’s biggest and one of the best-performing hedge funds, is betting against Australia’s stock and bond market (AFR)

• The Australian gov’t is keen to show industry it is ready to respond to the fallout from US tariffs but it needs to do so under global trade rules (Australia)

• Liontown’s CEO, Tony Ottaviano, hints at dealmaking in an interview, stating “opportunities could be in the form of further exploration success; a partnership with another company to acquire an asset near production; or even participating in brines.” (Fastmarkets)

• Globe Metals & Mining signed a non-binding MOU with Myst Trading to negotiate a binding offtake agreement for the Kanyika niobium project Phase 1 production (GBE)

• Cyclone Metals has received the first $10m from its development agreement with Vale (CLE)

• McEwen Mining completed its $10m strategic investment in Goliath Resources (GOT.V)

• Woodside investment decision on Louisiana LNG may slip into Q2 says CEO (Reuters)

• JX Advanced Metals IPO was priced at the upper end of the marketed range, raising US$3bn, making it Japan’s biggest IPO since SoftBank (Bloomberg)

• Glencore backs cobalt investment company, Cobalt Holdings, planning to list in London with a £180m raise in a May (FT) vehicle to be modelled off Yellow Cake

• Coolabah Metals (to be renamed Broken Hill Mines) executed a binding conditional term sheet with Hartree for a US$25m senior-secured offtake financing facility to fund growth plans at Rasp and Pinnacles Ag-Pb-Zn operations (CBH) Hartree also agreed to purchase 200kt lead concentrate. Separately, they are upsizing the relisting raise

• The trading halt from MTM Critical Minerals this morning cites a “a major commercial collaboration with a multinational resources company. The collaboration involves use of the company’s Flash Joule Heating technology to deal with a waste stream.”

• The punters think it’s Lynas. For what it’s worth, we do too after reading DK’s thesis.

• Lawyers get to the bottom of the Fortescue mob (AFR’s Rear Window)

• Gold market reflections from Collins St Asset Management’s Michael Goldberg (YouTube)

• Gimme Credit - Howard Marks podcast (Apple, Spotify)

• Dryblower: war metals rise with global arms race (MNN)

• Ten Cap’s Jun Bei Liu on her extraordinary move from Tribeca (CB)

• Mapping Ireland’s geology, 10-year project aims to provide full island data by 2026 (MNN)

• Investors with $2Tn lay out strategies for a turbulent 2025 (Bloomberg)

• The country’s big super funds are reaching their ASX investing limit (AFR)

• Trump’s Chaos Is a Gift to Xi Jinping, Turnbull Says (Bloomberg Interview)

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