DevEx’s metallurgical testing has found that the clay-hosted rare earths mineralisation at its Kennedy project in Queensland are indeed of the much sought after ionic adsorption type (reports Stockhead).

Australia does underground mining better than anyone in the world, but the industry is under threat from years of under-investment and contractors being forced to run on razor-thin margins (reports The Australian Financial Review).

Bill Beament, the man who turned Northern Star Resources from a $1 million gold miner into a $10 billion company, says he saw this week how hot lithium really is (reports The Australian Financial Review).

McKinsey & Co joined the growing chorus warning that metals considered key to the clean-energy transition face shortages in coming years, potentially suppressing the adoption of electric cars, wind turbines and solar panels (reports Bloomberg).

By Bloomberg.

Rox Resources’ (ASX: RXL) decision to take 100% control of the 3.2Moz Youanmi gold project is already looking like a winner with significant new drill results obtained at the Western Australian operation (reports Small Caps).

Valor has agreed to sell the majority of its Picha and Charaque copper projects in Peru to Firetail Resources in order to focus on its high potential uranium assets in Canada’s Athabasca Basin (reports Stockhead).

The mineral resource at its Cardinia project near Leonora, Western Australia, has now passed the 1.5 million ounces mark, Kin Mining (ASX: KIN) reports (reports Small Caps).

Calidus Resources has reported record quarterly production from its Warrawoona gold mine in Western Australia’s Pilbara region (reports MiningNews).

Western Australian gold miner Red 5 has finished its first financial year using its new King of the Hills gold mine delivering production at the upper end of guidance (reports MiningNews).

Lithium explorers are back in favour big-time now that prices for the key battery material are back on the boil (reports Stockhead).

Bellevue Gold has signed an agreement with Genesis Minerals to send ore from Bellevue’s Vanguard open pit to Genesis’ newly acquired Leonora mill for processing (reports MiningNews).

With first uranium production due by year’s end, Boss Energy (ASX: BOE) has kicked off an infill drilling program at two satellite deposits within its Honeymoon flagship uranium project in South Australia (reports Small Caps).

Bill Beament has a knack of distilling things down to their core. And so it was with this week’s dive by his Develop Global into the lithium space with the help of Chris Ellison’s Mineral Resources, a 13% Develop shareholder (reports Barry FitzGerald on MiningNews).

Bill Beament’s Develop Global has lobbed a takeover offer for Mineral Resources-backed Essential Metals, marking the company’s first foray into the red-hot lithium sector (reports The West Australian).

Copper is poised to follow other commodities upended by recent price surges as the mining industry struggles to expand ahead of accelerating demand, warns the man behind some of the world’s biggest mines (reports Bloomberg).

By Bloomberg.

"While the US debt ceiling has been resolved, which was ultimately what drove the gold price to a peak in 2011, back then gold prices held at elevated levels even after the resolution, and the broader backdrop of inflation, economic growth concerns and strong central bank is very much in place today," the bank said (reports MiningNews).

By MiningNews. 

Shares in Kairos Minerals (KAI) are back on the boards following the company’s highly successful deal with fellow lithium explorer Global Lithium (GL1) (reports Stockhead).

Global Lithium Resources is to become a 10% shareholder in gold and lithium explorer Kairos Minerals, whose Roe Hills lithium prospect abuts Global’s Manna deposit east of Kalgoorlie (reports MiningNews).

Boss Energy (ASX: BOE) has reached a pivotal point in the restart of the Honeymoon uranium project in South Australia, with the first wellfield complete and related gypsum pond and water treatment plants nearing completion (reports Small Caps).

Australia’s mineral endowment should make the resources industry one of the “spearheads” of the nation’s alliance with the US and the UK, according to former federal defence minister Kim Beazley.

By The Australian