• China is boosting state support for domestic minerals exploration as policymakers increase efforts to achieve President Xi Jinping’s ambition for resource self-sufficiency amid intensifying competition with the US (FT)

• Trump said that he signed an executive order looking to boost domestic production of critical minerals and offset China's control of the sector (Reuters)

• Wyloo ecstatic as Ring of Fire backing heats up, with Canada’s conservative politicians pledging speedy approvals (MNN)

• Copper stocks rocket as traders push prices above US$10,000 (AFR)

• Dutton proposes “national interest test” in pursuit of WA mining boom (MNN)

• China’s CCECC will invest more than US$1.4b to revitalize a Mao-era railway line connecting copper mines in Zambia to Tanzania’s biggest port (Bloomberg)

• BHP is facing a push from politicians and heavyweight unions to scrap plans that would permanently prevent mining at its Mount Arthur project from the end of the decade (AFR)

• Canada’s Conservative Party leader pledged that all federal permits for Andrew Forrest’s Ring of Fire will be provided & $1bn spent on road infrastructure if the Party sweeps to power (West)

• Australia’s eastern seaboard may experience a narrowing of the gas surplus for the third quarter of 2025, an ACCC report is expected to say (Australian)

• Brightstar Resources pours first gold from Laverton hub (West)

• International offers for Ravenswood ‘ahead’ of Aussies (Australian) Indonesia’s United Tractors and two other internal groups, plus Regis & potentially Gold Road still in the mix

• $1bn capped Catalyst Metals sells Tasmanian gold mine to listed junior Kaiser Reef (AFR)

• Sweden’s Boliden plans a directed share issue of around US$370m to finance its previously announced acquisition of Neves Corvo & Zinkgruvan (Reuters)

• Fenix has acquired a ~12.6% stake in CZR as part of its off-market takeover offer (FEX), while CZR received an unsolicited, non-binding, and conditional offer from the Robe River JV (JV participants including Rio, Mitsui & Nippon Steel) to acquire the Robe Mesa iron ore project for $75m cash (CZR)

• Patronus has acquired a 7.7% stake in Emmerson in an off-market trade (PTN) this was the buyer from Evolution’s stake. There’s a pattern with these guys…

• Marvel Gold to acquire the Hanang gold project in Tanzania, raised ~$4.2m via a placement and appointed Tim Strong as Exec Director (MVL)

• Agnico Eagle made a small, additional investment in Cartier Resources, buying another C$2.7m in a placement, taking its ownership to 27% (AEM.NY)

• Cyprium Metals divested its non-core Cue project to Q Resources (CYM)

• A major shareholder of Calibre Mining opposes its proposed merger with Equinox Gold (MNN)

• Capstone Copper announced the launching of an upsized US$600m senior notes offering, paying 6.75% and coming due in 2033 (CSC)

• GoGold announced a C$75m bought deal at C$1.82/share (GGD.TSX)

• Kazakh explorer Arras Minerals announced a raising of up to C$15m at 85c (ARK.TSXV)

• Metal Hawk is in a trading halt pending announcement of a capital raising (MHK)

• It’s interesting reading all the parties mentioned in the Dataroom column on the Ravenswood sale this morning. Not a single mention of Harmony Gold despite their supposed interest warranting its own column in October last year!

• For what it’s worth, we think Harmony does have its eyes on more in Australia (noting they bought the Eva copper development project already)

• The production gap here is the exact sort of thing that drives M&A. Remember a similar gap from Ramelius just a week before they announced the deal for Spartan?

  

• And if we were to place our bets, we think it’s more copper in Australia, not gold…

• Brazil, copper, buying the US dip, and some rollover syndrome housekeeping (PauloMacro)

• Micromine money shows METS back on the menu (MNN)

• A new “China shock” is destroying jobs around the world (Bloomberg)

• Gina Rinehart jolts parents at ‘woke’ St Hilda’s (AFR’s Rear Window)

• Trump’s love for coal is crashing into market’s economic reality (Bloomberg)

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.