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Platinum and palladium usually circle each other with one’s price rising as the other falls due to their close chemistry and interchangeability in industrial applications (reports Tim Treadgold on Small Caps).

Canadian uranium explorer 92 Energy (92E) has made a major breakthrough in its bid to grow the rich Gemini discovery, hitting bonanza-grade mineralisation in its latest drilling program (reports Stockhead).

The sheer scale of Caravel’s namesake copper project in Western Australia and strong outlook for the red metal are reason enough for Canaccord Genuity to initiate coverage on the company (reports Stockead).

Cygnus has added to its lithium exploration ground in the James Bay region of Quebec, Canada, outlaying about C$700,000 cash and issuing nearly 7.5 million shares in staged transactions for two options (reports MiningNews).

The huge potential of Nimy Resources’ (NIM) base metals project in WA has been highlighted by the outstanding results of the latest geophysical survey, which has identified 21 compelling anomalies (reports Stockhead).

Explorer RareX has released the first of two planned resource updates for its Cummins Range project in Western Australia’s Kimberley region (reports MiningNews).

Junior explorer Bellavista Resources has kicked off a diamond drilling program to test “compelling” targets at the Brumby zinc-silver-copper project, 130km southwest of Newman in Western Australia (reports MiningNews).

Evion’s planned Panthera Graphite Technology expandable graphite plant in India is now fully funded to production after the joint venture secured a highly-favourable US$2.1m loan (reports Stockhead).

Chalice Mining says a chunk of one of Australia’s biggest undeveloped nickel sulphide discoveries is officially up for grabs after a major upgrade in the size of the Gonneville deposit just outside Perth (reports The Australian Financial Review).