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With King of the Hills now operating above peak capacity just more than a year after pouring first gold, Red 5 has set guidance of 195,000-215,000 ounces in the 2023-24 year for the mine near Leonora (reports The West Australian).

Bill Beament’s Develop will not move forward in the tender process for the underground mining contract for Liontown Resources’ A$900 million Kathleen Valley lithium development (reports MiningNews).

Chalice Mining has received “strong interest” from partners eager to join it in developing the prospective nickel producer’s promising Gonneville project (reports The West Australian).

JPMorgan Chase sees an opportunity in gold ahead of a likely US recession, predicting prices will push past $US2000 an ounce by year-end and hit fresh records in 2024 as interest rates start to fall (reports The Australian Financial Review).

Boss Energy (ASX: BOE) has reported a “highly productive” quarter which saw it move closer to its target of achieving first uranium production before year end at the re-started Honeymoon project in South Australia (reports Small Caps).

From explorers like Kingsland to developers like Evion and producers like Syrah, the natural graphite sector is expected to roar back at the expense of its synthetic cousins. Plus, Rio gobbles a stake of graphite-rutile group Sovereign and Minerals 260 eyes lithium drilling in WA.

By Barry FitzGerald.

Confession time. It always precedes annual reporting season and arrived on cue this week with IGO first to admit to an almighty blooper when it wrote off close to $1 billion, or almost 75%, of what it paid last year for nickel miner Western Areas.

By Tim Treadgold.

Washington | A group of US Congressmen is urging Australian policymakers to ditch their opposition to nuclear energy, in a change they say would strengthen the security alliance between the countries (reports The Australian Financial Review).

By The Australian Financial Review.

Battery Age Minerals is confident its Falcon Lake lithium project in Canada could potentially be one of the best placed assets to access the North American Electric Vehicle (EV) market (reports Stockhead).

Astral Resources’ rapidly developing Mandilla gold project, 70km south of Kalgoorlie in Western Australia, had no ounces ascribed to it in 2020 but after three years of work it is now unquestionably the centrepiece of the company, and contains what the company says is one of the largest single open-pittable deposits in the Eastern Goldfields (reports MiningNews).