BHP wants to takeover Anglo American in a $60 billion deal But it’s far from a (cue Miguel voice) Sure Thing, with opposition from rival miners and disdain from Anglo American shareholders to contend with And then there’s the ambivalence of its own shareholders, who helped tank the ASX materials sector today   Rumours BHP (ASX:BHP) was preparing for a major M&A splash that would shake up the entire mining world have done the rounds since 2021, when it reportedly set up a BD division to scour for copper and nickel majors in line with its ‘future facing commodities’ pivot. The ..read more

Infinity increases Central Goldfields gold project resource by 2700oz to 63,000oz Rincon now up 80% since uncovering a ‘bullseye’ target earlier this week at its project in the West Arunta region of WA Also up on no news: Celsius (copper, gold), Orion (copper) Here are the biggest small cap resources winners in morning trade, Friday April 26.   INFINITY MINING (ASX:IMI) A cute 2700oz maiden resource at Great Northern, part of the 63,000oz Central Goldfields project, was enough to give IMI a nice share price bump in early trade. IMI is aiming for a resource of 500,000oz across the projec ..read more

Toubani raises $4m via a placement to to carry DFS works, including a resource update, at flagship 2.4Moz Kobada gold project “We are at an exciting juncture in our development”: TRE CEO Phil Russo The offer price of $0.115 per share represents a 14.8% discount to the last closing price   Special Report: Strong investor support will help fuel upcoming technical work streams at the Kobada gold project as Toubani Resources works towards the completion of a definitive feasibility study (DFS). Low-cost gold developer Toubani Resources (ASX:TRE) is focused on defining the development of a bu ..read more

Diamond drilling has intersected uranium mineralisation at the Gibbons Creek project in Canada’s Athabasca Basin Downhole gamma probes of >8,660cps suggest proximity to high grade mineralisation Further drilling at the highly prospective Airstrip prospect is near completion, full results expected by mid May   Special Report: Drilling has intersected uranium mineralisation with downhole gamma probe measuring a radioactive peak of over 8,660 counts per minute (cps) as winter diamond drilling nears completion at Trinex Minerals’ Gibbons Creek project in Canada’s prolific uranium-rich At ..read more

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this episode Barry chats to Paul Lloyd, managing director at Arizona Lithium (ASX:AZL). The exploration and development company has two large assets in North America including the Prairie lithium project in Saskatchewan, Canada, and the Big Sandy lithium project in Arizona. Lloyd explains the importance of the lithium brine industry using Direct Lithium Extraction in becoming a low-cost producer of lithium in a radically changing market. Tune in below! On mobile? Click ..read more

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this episode Barry chats to Mal Day, managing director at Moab Minerals (ASX:MOM). The company is currently focused on the exploration and development of the REX uranium-vanadium project in Colorado, and has interests in Africa, the United States, and Western Australia. In a transformational move it will also soon take over most of Linx Resources which has a diverse portfolio of high potential uranium projects in Tanzania. Tune in below! On mobile? Click here ..read more

Uranium production is on another steep rise for the third time in history Demand is piqued by the need for nuclear energy’s low CO2 emissions ASX juniors are racing into the uranium-rich Athabasca Basin in Canada   Besides the usual bulks, copper, nickel and gold, we’ve seen nascent yet adjacent commodity cycles crop up in the last couple of decades, including lithium, a bunch of critical minerals and rare earths riding price waves due to the lack of ex-China supply chains and fears of the Middle Kingdom drying up exports. Then there’s uranium – one of the only resources commodities whe ..read more

KEY POINTS: Western Mines (ASX:WMG) drills into +42% nickel veinlets indicating ‘possible source at depth’ NewPeak (ASX:NPM) completes a $300,000 share placement to Gerhard Redelinghuys, founder of Bowen Coking Coal (ASX:BCB) Brazil focused OzAurum (ASX:OZM) is drilling below weathered 1m-long spodumene crystals into fresh stuff, and results are pending Here are the biggest small cap resources winners in morning trade, Wednesday, April 24.   WESTERN MINES GROUP (ASX:WMG) Western Mines (ASX:WMG) says a ~750m (and counting) deep drill hole hit ~700m of rock containing “disseminated nickel ..read more

Summit Minerals (ASX:SUM) to purchase niobium, lithium and rare earths (REE) projects in Brazil Tenements cover 292.2km2 across 14 granted and applied licenses First-pass exploration at Aratapira REE project identifies 200m saprolite-clay system Large LCT pegmatites identified with in-country exploration team ready to go   Special Report: With fellow ASX explorers already enjoying big success in Brazil, Summit Minerals has snapped up a minerals-rich 292.2km2 tenement package in the South American country prospective for lithium, niobium, and rare earths (REE). Summit Minerals’ (ASX:SUM ..read more

Rock chip sampling unveils a new high-grade zone called the ‘Central Zone’ on Mako Gold’s Napié permit Results returned a stand out 76.10 g/t gold result, confirming Tchaga North as a high-grade drill target Trenching has begun to assist with the planning of upcoming drill program   Special report: Mako Gold geologists continue to yield impressive results via mapping and rock chip sampling with early indications pointing to a new high-grade zone at Tchaga North. Recent work at Mako Gold’s (ASX:MKG) Napié project in Côte d’Ivoire has centred around generating new targets at Tchaga North ..read more