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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).

Plus, gold assays imminent for Sunstone and Osisko gets a lick of Hot Chili.

By Barry FitzGerald

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).

Plus, Lake’s problems should force re-think of lithium supply forecasts, Battery Age starts drilling and DevEx set for uranium drilling in NT.

By Barry FitzGerald