• Shareholders have hit MinRes and its managing director Chris Ellison with a class action that will examine his tax evasion (Australian)

• Clive Palmer’s Mineralogy fails to stop CITIC’s bid for court-ordered mine inspection (BN)

• Suspended from trading, Bellevue is understood to be preparing a long-term forecast to provide certainty to investors, according to Dataroom (Australian)

• The relentless rally over the past three months has pushed the gold price almost 20% higher this year, its best quarter since 1986. The rally has been dubbed a “once-in-40-year gift” (AFR)

• Dutton’s claim that a ­Coalition gov’t would claw back funding allocated to Labor’s $19bn Rewiring the Nation program has been blunted after it committed to a swath of transmission projects (Australian)

• BHP reported a fourfold increase in “right of entry” visits over the past year, as union activity heats up (AFR)

• The surging gold price has propelled South African mining stocks, like Harmony & AngloGold to their best monthly performance on record (Bloomberg)

• Mining industry heavyweights worry Australia is scaring investment away (MNN)

• Trump eyes executive order to fast-track deep-sea mining (Mining.com)

• Gold soars to A$5,000/oz in “once in 40-year gift” for investors, fundies (AFR)

• Exploration in British Columbia faces an “existential threat” after the provincial gov’t implemented a new minerals claims consultation framework (MNN)

• The LME fined warehouse operator Access World for holding nickel in a Rotterdam depot, some of which turned out to be fake (Bloomberg)

• The Trump administration took a step toward leasing new areas to the Freedom coal mine in North Dakota, which is proposing to run until 2045 (Reuters)

• Endeavour Silver will buy Minera Kolpa, (owner of Huachocolpa Uno in Peru) for US$145m plus a further US$10m in contingent payments, as well as assuming US$20m in net debt (EDR.TSX) EDR traded down 11%

• Auric Mining has extended the deadline & right to conduct exclusive DD for the purchase of the Lindsay’s gold project (AWJ)

• Element 25 and Nissan Chemical have completed a scoping study and have agreed to proceed to a more detailed investigation of an HPMSM facility (E25)

• Euro Manganese announced it’s upsized its previously announced financing to A$12m (EMN)

• Atha Energy is looking to raise C$10m for exploration (SASK.TSXV)

• Australian Pacific Coal increased its existing senior debt facility to US$104m (from US$90m), as well as entering a new A$5m unsecured loan with its major shareholder (AQC)

• We’re feeling generous this morning so here’s a handful of murmurs:

  • Rocklands copper mine is for sale (anyone remember CuDeco?) and apparently True North Copper is taking a look

  • Bellevue’s investor site visit, which was planned well before the company went into trading halt, is still going ahead on Wednesday next week

  • Kazakhstan is having its moment as 2025’s sexiest exploration jurisdiction, and after Ivanhoe anointed Pallas with a JV, we think the private explorer is gearing up for a fundraising

  • Could it be possible to finally do a deal with Focus Minerals? If the stumbling block has historically been ‘paying above book value’ to the Shandong-controlled junior, could the bid-ask spread be bridged in this gold market?

• Mining’s King of Private Capital Says Governments Must Intervene (Bloomberg)

• Trump digs deep to revive American mining (Economist)

• Strictly Boardroom: How could Green Gold work in practice? (MNN)

• Academia meeting industry: World-first ore sorter set to transform Australian mining (Australian)

• China can greatly reduce its reliance on coal, but probably won’t (Economist)

• On Commodities, Carry Regimes & Changes in Global Monetary Regimes (GoRozen)

Were you forwarded this email from someone else?

All information in this newsletter is for education and entertainment purposes only and is of general nature only. The Money of Mine team are not financial professionals. Money of Mine are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional, along with considering any relevant Product Disclosure Statement. Money of Mine does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. Money of Mine strives to ensure the accuracy and currency of the information contained in this newsletter but we do not make any representation or warranty that it is accurate, reliable or up to date. Any views expressed by the hosts of Money of Mine are their opinion only and may contain forward looking statements that may not eventuate. Money of Mine will not accept any liability whatsoever for any direct, indirect, consequential or other loss arising from any use of information in this newsletter. Information relating to our Privacy Policy is available online here.