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Coda Minerals says its Elizabeth Creek copper and cobalt project in the heart of South Australia’s copper mining belt would cost $577m to build and would generate more than $5.7bn over its life (reports The Australian).

Andrew Forrest talks a lot about fixing climate change and cleaning up the world’s oceans, but it seems his main mission in life is to frustrate BHP (reports The Australian Financial Review).

BHP and IGO are emerging as the front-runners to counter a $760 million takeover bid for Mincor Resources from Andrew Forrest’s Wyloo Metals (reports The West Australian).

Stavely Minerals (ASX: SVY) is moving forward with a significant new phase of exploration activity at its wholly-owned Stavely copper-gold project in western Victoria following an extensive review of regional and near-resource discovery opportunities last year (reports Small Caps).

Garimpeiro sent out the wrong message last year when he suggested it was a smart idea to pick up gold developers on the cheap to cash in on the market re-rating that would occur on first production being achieved (reports Barry FitzGerald on Stockhead).

Sunstone could soon have greater insight into the true scale of the T2 porphyry target within its El Palmar project with the start of drilling to test the geophysical anomaly (reports Stockhead).

Recent sell-off just makes rare earth stocks like Lynas and RareX better value. Plus, growing CZR looks to capitalise on strong iron ore price and key funding package sets up Orion to become significant copper-zinc producer. 

With luck, the events of the past few days might not be the start of a new Global Financial Crisis but the collapse of Silicon Valley Bank (SVB) in the U.S. and serious problems at Credit Suisse in Europe is a reminder of how fragile financial markets have become as interest rates grind higher.

With copper stockpiles down to just days, the BMO conference in Florida was abuzz with chatter of a looming price spike. This could have big ramifications for leveraged juniors like Caravel and Coda.

Volkswagen is putting on hold a planned battery plant in Eastern Europe and prioritising a similar facility in North America after estimating it could receive €10 billion ($16 billion) in US incentives (reports Bloomberg).