Up, Up, Down, Down: Uranium's yellow glow and copper rally define June for metals
Coal, copper, rare earths among the quiet achievers
Gold flat as safe haven demand dissipates, but prices remain near all-time highs
Up, Up, Down, Down provides a wrap of all the main commodities ASX companies are digging, including winners, losers, and
WINNERS
Uranium (Numerco)
Price: US$78.75/lb
% Change: +9.38%
UP
Sprott's return to the spot market for uranium has sent prices up 10% since mid-June. For each 200,000lb purchased by the asset manager's Sprott Physical Uranium Trust, Canaccord Genuity estimates U3O8 prices lift US25-75c.
The World Bank has ended a long-running ban on providing funding for nuclear energy projects, opening the door to the development of small modular reactors in the developing world. It hasn't funded a nuclear power project since 1959, with a formal ban in place since 2013.
DOWN
Term prices have been stagnant at around US$80/lb for most of 2025. That's not enough to bring new sources of supply online, most of which need US$100/lb to justify capex.
While it's a strong policy signal, doubts are emerging over the reality of Trump's dream to quadruple nuclear energy capacity in the US to 400GW by 2050.
Copper
UP
LME copper stocks have fallen below 100,000t for the first time since August 2023, hitting 91,275t on June 27. More is now held in the US though, prompting Goldman to suggest prices will hit US$10,050/t before retreating to US$10,000/t if Trump levies copper tariffs.
Antofagasta will supply copper to Chinese smelters at no charge in 2026, as competition for concentrate ramps up. Spot charges are even worse for smelters at ~-$40/t.
DOWN
First Quantum has begun shipments of copper concentrate to Europe's Aurubis smelter, according to Bloomberg, from its Cobre Panama mine. The project's closure in 2023 – cutting ~1.5% of global supply – led to a surge in copper prices as supply tightened.
Supply from South America is recovering, with copper production up 9.4% YoY to 486,574t from top producer Chile in May.
READ
Copper's flying under the radar, but long-term thinkers are betting on the red metal
Coal (Newcastle 6000 kcal)
Price: US$109.90/t
% Change: +6.39%
UP
Coal use in the US power grid has been resurgent this year, with higher gas prices encouraging switching to the cheaper, dirtier fossil fuel. The longer term outlook for the commodity looks brighter if the policy platform of US President Donald Trump holds, after he labelled the fuel 'beautiful clean coal'.
Analysts have been scaling back coking coal forecasts, but lower prices suggest more supply could come out of the market, boosting hopes of a sharp recovery.
DOWN
A tax credit for met coal producers in the US, after it was assigned by the Trump Administration as a critical mineral, could accelerate steelmaking coal production there and bring additional, subsidised, supply into the market.
Imports of both coking and thermal coal in China could be cut by as much as 100Mt in 2025, according to China Coal Transportation and Distribution Association vice president Xuegang Li, after hitting a record high of 542.7Mt in 2024.
Thermal coal has rebounded from recent lows. Pic: Trading Economics
Rare Earths (NdPr Oxide)
Price: US$61.88/kg
% Change: +1.81%
UP
Rare earths demand could improve with the Chinese Ministry of Commerce starting to issue export controls for companies hoping to supply the West. The limits on the export of seven medium and heavy rare earths were issued in response to Trump Administration tariffs.
Iron ore (SGX Futures)
Price: US$94.02/t
% Change: +0.42%
UP
According to Commbank's Vivek Dhar, it would take a drop of 6-7% in Chinese steel production to support an iron ore price below US$90/t. It hasn't fallen more than 3% since at least 1990.
Majors continue to invest in new developments, with Rio Tinto opening its Western Range mine in June before approving the Hope Downs 2 development with Hancock Prospecting and gaining environmental approval for the West Angelas mine. All up its replacement mines in the Pilbara will cost US$13bn to develop.
DOWN
Canberra's lead forecaster, the Office of the Chief Economist has revised down its forecast for Aussie iron ore earnings by $1bn for 2024-25 to $115.7bn, $8.3bn in 2025-26 to $104.8bn and $6.5bn in 2026-27 to $96.5bn.
That is being led by lower price forecasts, tipped to fall to US$83/t in 2025, US$76/t in 2026 and US$74/t in 2027, levels not seen since 2019.
LOSERS
Gold
Price: US$3277.50/oz
% Change: 0.00%
UP
The World Gold Council's latest survey of central banks show a record 95% of the world's sovereign bankers expect governments to hoover up more gold in 2025.
As gold rises so to are metals linked to the historic store of wealth. Bargain hunters have lifted silver to ~US$36/oz and platinum to an 11-year high of US$1400/oz as jewellers and investors look for alternatives to premium priced bullion.
DOWN
The role of geopolitical risk in inflating the price of gold was on full display, as the metal swung wildly around developments in the Israel-Iran War. What happens if conflicts in Ukraine and Gaza can be brought to a halt?
Citi became the first major bank to cut its 2025 price target for gold from US$3500/oz to US$3300/oz, pointing to potential declines to US$2500-2700/oz in the second half of 2026. Strong US economic growth expectations and sliding safe haven demand are both in play.
READ
Gold Digger: Central banks want EVEN MORE GOLD as boom goes on
Lithium (Fastmarkets Carbonate CIF China, Japan and Korea)
Price: US$8100/t
% Change: -0.61%
UP
The market may be trawling along the bottom still, but analysts are starting to bet on a brighter future. Argonaut thinks 6% Li2O spodumene prices could hit US$1500/t next year, well above current levels in the low US$600s.
Institutional investors and insiders are betting on a price recovery, with a survey showing lithium remains the most exciting commodity market outside gold for strategic investors.
DOWN
China could grab the largest share of the market in mining lithium raw materials next year, giving the world's top refiner more control over the supply chain.
Benchmark Mineral Intelligence's latest lithium forecast shows chemicals remain in a 72,000t surplus despite spodumene shortages, with the downstream market keeping a lid on prices for hard rock miners.
OTHER METALS
Prices correct as of June 30, 2025. Due to low news flow nickel has been taken out of the main commodity list.
Nickel
Price: US$15,215/t
%: -0.14%
Silver
Price: US$35.98/oz
%: +8.77%
Tin
Price: US$33,716/t
%: +10.89%
Zinc
Price: US$2851.5/t
%: +8.84%
Cobalt
Price: $US33,335/t
%: -1.08%
Aluminium
Price: $2597.50/t
%: +6.28%
Lead
Price: $2045/t
%: +4.44%
Graphite
Price: US$415/t
%: - 1.19%
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Winners & Losers CODE COMPANY PRICE WEEK % MONTH % 6 MONTH % YEAR % YTD % MARKET CAP MRR Minrex Resources Ltd 0.008 0% -11% 7% -11% 14% $ 8,678,940.02 NPM Newpeak Metals 0.021 5% 75% 91% 17% 91% $ 6,763,506.35 MTC Metalstech Ltd 0.13 0% 4% -16% -46% -7% $ 24,002,986.99 GED Golden Deeps 0.022 10% 22% -19% -35% -12% $ 3,896,765.42 G88 Golden Mile Res Ltd 0.01 -9% -44% 11% -9% 11% $ 5,986,726.41 LAT Latitude 66 Limited 0.035 52% -4% -19% 1650% -8% $ 5,019,024.68 NMR Native Mineral Res 0.1825 -1% -9% 356% 769% 368% $ 160,709,417.58 AQX Alice Queen Ltd 0.004 33% 33% -50% -50% -50% $ 3,748,920.20 SLZ Sultan Resources Ltd 0.006 -14% 20% 0% -33% 0% $ 1,388,819.46 KSN Kingston Resources 0.15 7% 15% 95% 86% 111% $ 111,174,423.89 AMI Aurelia Metals Ltd 0.185 -5% -41% 3% -5% 9% $ 330,051,664.80 GIB Gibb River Diamonds 0.032 28% -6% -20% -26% -20% $ 6,435,283.35 KCN Kingsgate Consolid. 2.42 7% 14% 83% 53% 88% $ 616,026,543.88 TMX Terrain Minerals 0.0025 25% 0% -38% -38% -17% $ 6,329,535.68 BNR Bulletin Res Ltd 0.056 -3% -8% 47% 37% 44% $ 16,442,346.09 NXM Nexus Minerals Ltd 0.07 -1% -9% 40% 79% 56% $ 41,659,413.30 SKY SKY Metals Ltd 0.063 24% 31% 17% 80% 17% $ 41,931,486.79 LM8 Lunnonmetalslimited 0.235 7% -2% -6% 7% -6% $ 54,053,902.63 CST Castile Resources 0.057 2% 16% -22% -21% -29% $ 17,733,417.64 YRL Yandal Resources 0.085 -6% -29% -51% -39% -51% $ 26,594,208.45 FAU First Au Ltd 0.004 14% 33% 167% 100% 100% $ 8,305,165.11 ARL Ardea Resources Ltd 0.4 1% 3% 23% -17% 21% $ 84,165,166.00 GWR GWR Group Ltd 0.092 1% -3% 14% 7% 15% $ 29,771,812.26 IVR Investigator Res Ltd 0.025 4% 0% 19% -44% 25% $ 41,585,109.86 GTR Gti Energy Ltd 0.003 0% -25% 0% -33% -14% $ 11,995,798.65 IPT Impact Minerals 0.008 33% 60% -15% -44% -15% $ 27,687,309.78 BNZ Benzmining 0.6 38% 33% 69% 362% 74% $ 90,834,588.38 MOH Moho Resources 0.004 0% 0% 0% -33% -20% $ 2,981,656.11 BCM Brazilian Critical 0.012 9% 20% 33% -25% 33% $ 15,726,398.82 PUA Peak Minerals Ltd 0.051 96% 155% 484% 2016% 557% $ 120,714,815.47 MRZ Mont Royal Resources 0.041 0% 0% -5% -41% -5% $ 3,486,221.51 SMS Starmineralslimited 0.025 4% 4% -29% -8% -31% $ 4,830,972.98 MVL Marvel Gold Limited 0.013 8% -7% 44% 63% 44% $ 18,111,154.14 PRX Prodigy Gold NL 0.002 0% -33% 0% -10% 0% $ 9,525,166.65 AAU Antilles Gold Ltd 0.005 0% 25% 67% 25% 67% $ 11,895,340.08 CWX Carawine Resources 0.096 0% -2% -4% 16% -4% $ 22,668,043.10 RND Rand Mining Ltd 1.965 10% 2% 33% 31% 30% $ 111,761,263.37 CAZ Cazaly Resources 0.021 24% 40% 56% 0% 50% $ 9,226,059.82 BMR Ballymore Resources 0.155 0% -7% 19% -3% 29% $ 26,509,587.75 DRE Dreadnought Resources Ltd 0.009 -10% -31% -25% -63% -25% $ 45,715,500.00 ZNC Zenith Minerals Ltd 0.035 -8% -13% -13% -31% -13% $ 14,412,955.20 REZ Resourc & En Grp Ltd 0.021 17% 24% -13% 75% -9% $ 14,104,421.56 LEX Lefroy Exploration 0.11 10% 12% 53% 10% 57% $ 24,842,013.80 ERM Emmerson Resources 0.125 0% -4% 44% 131% 62% $ 79,452,359.88 AM7 Arcadia Minerals 0.018 13% 20% -14% -57% -5% $ 2,112,901.79 ADT Adriatic Metals 5.68 2% 10% 45% 51% 46% $ 1,727,501,747.11 AS1 Asara Resources Ltd 0.052 6% -2% 189% 420% 174% $ 59,463,603.79 CYL Catalyst Metals 5.35 1% -26% 94% 382% 107% $ 1,349,556,017.04 CHN Chalice Mining Ltd 1.73 5% 48% 55% 42% 57% $ 719,699,557.80 KAL Kalgoorliegoldmining 0.039 -5% -20% 105% 26% 117% $ 15,268,363.96 MLS Metals Australia 0.017 -6% -6% -26% -11% -26% $ 12,388,231.91 ADN Andromeda Metals Ltd 0.012 0% 9% 71% -20% 71% $ 45,783,790.36 MEI Meteoric Resources 0.115 5% -4% 25% -26% 35% $ 280,483,533.84 SRN Surefire Rescs NL 0.002 33% 0% -32% -70% -32% $ 4,972,890.78 WA8 Warriedarresourltd 0.11 -8% -4% 134% 90% 150% $ 134,855,035.09 HMX Hammer Metals Ltd 0.038 31% 6% 15% 6% 15% $ 28,408,278.40 WCN White Cliff Min Ltd 0.022 0% -8% 33% 57% 38% $ 53,094,495.21 AVM Advance Metals Ltd 0.049 4% 11% 44% 104% 44% $ 12,986,706.87 ASR Asra Minerals Ltd 0.002 33% 0% -33% -56% -33% $ 8,000,396.02 ARI Arika Resources 0.037 12% -12% 42% 85% 37% $ 28,965,928.71 CTO Citigold Corp Ltd 0.004 33% 33% 0% -11% 0% $ 12,000,000.00 SMI Santana Minerals Ltd 0.55 2% -1% 15% 47% 13% $ 397,495,271.25 M2R Miramar 0.004 14% 33% 0% -56% 33% $ 3,987,293.14 MHC Manhattan Corp Ltd 0.022 10% -4% 0% -12% 16% $ 5,167,775.76 GRL Godolphin Resources 0.0095 6% -5% -27% -50% -34% $ 4,039,859.81 SVG Savannah Goldfields 0.023 28% 10% 14% 38% 25% $ 23,973,117.82 EMC Everest Metals Corp 0.14 4% -3% 4% 0% 4% $ 31,378,375.70 GUL Gullewa Limited 0.071 1% -4% 27% -7% 27% $ 14,171,441.18 CY5 Cygnus Metals Ltd 0.089 2% -5% -26% 123% -11% $ 92,503,809.49 G50 G50Corp Ltd 0.2 43% 11% 25% 0% 29% $ 32,119,531.80 ADV Ardiden Ltd 0.15 7% 0% 7% 20% 11% $ 10,002,800.96 AAR Astral Resources NL 0.155 -9% -14% 11% 99% 15% $ 219,792,670.50 VMC Venus Metals Cor Ltd 0.105 0% -25% 57% 50% 57% $ 20,593,511.72 NAE New Age Exploration 0.0035 17% 17% 0% -13% 0% $ 9,470,689.92 VKA Viking Mines Ltd 0.006 0% 0% -33% -25% -25% $ 8,063,692.49 LCL LCL Resources Ltd 0.007 40% 0% -13% -13% -30% $ 8,394,800.06 MTH Mithril Silver Gold 0.44 -11% 2% 2% 151% 10% $ 64,955,769.79 ADG Adelong Gold Limited 0.005 11% 0% 0% -29% 11% $ 10,343,383.37 RMX Red Mount Min Ltd 0.01 11% 11% 0% 0% 11% $ 3,719,662.37 PRS Prospech Limited 0.016 7% -27% -41% -41% -45% $ 6,061,214.19 TTM Titan Minerals 0.325 -4% -19% -14% -35% -14% $ 82,122,297.39 AKA Aureka Limited 0.115 -4% -4% -18% -99% -15% $ 15,756,285.13 AAM Aumegametals 0.03 0% -12% -25% -48% -29% $ 17,519,278.22 KZR Kalamazoo Resources 0.09 0% 10% 22% 6% 22% $ 20,184,203.56 BCN Beacon Minerals 0.026 -7% -10% 13% 0% 18% $ 118,339,889.50 MAU Magnetic Resources 1.49 -2% -16% 33% 22% 35% $ 402,513,418.50 BC8 Black Cat Syndicate 0.815 7% -4% 41% 159% 44% $ 580,188,476.04 EM2 Eagle Mountain 0.006 0% 20% -40% -86% -33% $ 6,810,223.73 EMR Emerald Res NL 3.96 -2% -19% 19% 11% 22% $ 2,617,208,689.54 BYH Bryah Resources Ltd 0.006 -50% -60% 100% 50% 100% $ 6,789,674.65 HCH Hot Chili Ltd 0.61 7% 5% -14% -40% -13% $ 96,270,003.68 WAF West African Res Ltd 2.33 6% -18% 56% 47% 62% $ 2,667,430,371.06 MEU Marmota Limited 0.041 3% -2% 5% -9% 5% $ 49,488,843.18 NVA Nova Minerals Ltd 0.315 -2% -10% -19% 62% -15% $ 101,744,186.36 SVL Silver Mines Limited 0.12 4% 14% 56% -23% 54% $ 230,576,924.00 PGD Peregrine Gold 0.155 0% 35% 7% -18% 11% $ 12,302,922.45 ICL Iceni Gold 0.061 9% -29% -23% 2% -14% $ 21,284,685.99 FG1 Flynngold 0.03 0% 0% 15% 20% 20% $ 12,130,810.57 WWI West Wits Mining Ltd 0.021 0% -30% 50% 75% 50% $ 72,369,545.27 RML Resolution Minerals 0.052 0% 247% 333% 117% 333% $ 34,222,579.92 AAJ Aruma Resources Ltd 0.008 -16% -11% -33% -33% -33% $ 2,623,524.20 HWK Hawk Resources. 0.019 27% 27% -14% -39% -14% $ 5,147,659.53 GMN Gold Mountain Ltd 0.003 200% 100% 0% 20% 0% $ 5,619,759.25 MEG Megado Minerals Ltd 0.026 53% 86% 73% 173% 53% $ 15,167,081.55 HMG Hamelingoldlimited 0.065 2% -27% 2% -19% 2% $ 12,889,732.12 BM8 Battery Age Minerals 0.055 -5% 12% -45% -71% -48% $ 6,460,266.62 TBR Tribune Res Ltd 4.77 2% -6% 12% 47% 11% $ 243,976,558.05 FML Focus Minerals Ltd 0.35 -1% -13% 100% 126% 106% $ 100,295,525.75 VRC Volt Resources Ltd 0.0035 17% -13% 17% -13% 17% $ 18,739,397.64 ARV Artemis Resources 0.006 0% 20% -25% -54% -25% $ 12,678,360.83 HRN Horizon Gold Ltd 0.545 -3% -6% 3% 82% 14% $ 81,110,356.88 CLA Celsius Resource Ltd 0.007 0% 0% -33% -53% -36% $ 21,948,419.16 QML Qmines Limited 0.042 -5% 17% -22% -24% -22% $ 18,134,750.00 RDN Raiden Resources Ltd 0.004 0% -33% -64% -87% -64% $ 13,803,565.77 TCG Turaco Gold Limited 0.5 9% -7% 85% 133% 96% $ 509,393,553.20 KCC Kincora Copper 0.04 3% 14% 48% -15% 48% $ 9,183,684.43 GBZ GBM Rsources Ltd 0.015 15% 114% 88% 36% 88% $ 21,237,916.65 DTM Dart Mining NL 0.003 0% -14% -67% -86% -67% $ 3,594,166.73 MKR Manuka Resources. 0.044 7% 10% 63% 19% 57% $ 36,676,977.44 AUC Ausgold Limited 0.635 -16% -9% 46% 92% 51% $ 243,064,732.48 ANX Anax Metals Ltd 0.007 75% -22% -42% -71% -42% $ 6,179,652.97 EMU EMU NL 0.019 -5% 6% -30% -30% -30% $ 4,013,720.89 SFM Santa Fe Minerals 0.145 368% 272% 368% 353% 368% $ 10,194,630.46 PNR Pantoro Gold Limited 3.23 7% -8% 100% 94% 111% $ 1,237,360,738.95 CMM Capricorn Metals 9.39 -5% -5% 45% 96% 50% $ 4,069,399,646.24 VRL Verity Resources 0.02 0% -29% 14% -49% 3% $ 5,588,469.36 HAW Hawthorn Resources 0.056 2% 6% 37% -7% 37% $ 19,095,889.94 BGD Bartongoldholdings 0.8 1% 0% 220% 186% 227% $ 185,264,631.17 SVY Stavely Minerals Ltd 0.0105 5% -13% -56% -60% -38% $ 5,984,463.02 AGC AGC Ltd 0.16 10% -6% 7% -46% 3% $ 39,772,569.41 RGL Riversgold 0.004 0% 0% 0% -20% 0% $ 6,734,850.37 TSO Tesoro Gold Ltd 0.027 -4% 4% 32% -23% 35% $ 58,425,842.00 GUE Global Uranium 0.068 10% 1% 8% -19% 13% $ 31,378,072.44 CPM Coopermetalslimited 0.038 9% 6% -17% -43% -17% $ 2,977,514.70 MM8 Medallion Metals. 0.235 -6% -22% 88% 361% 96% $ 122,074,965.60 FFM Firefly Metals Ltd 1.105 10% 3% 26% 43% 19% $ 720,237,390.88 CBY Canterbury Resources 0.024 -17% -11% 9% -47% 9% $ 5,600,904.19 SLA Solara Minerals 0.17 -3% 21% 13% -31% 89% $ 9,857,419.91 SFR Sandfire Resources 11.33 3% -1% 22% 29% 22% $ 5,256,372,797.00 TAM Tanami Gold NL 0.06 9% 20% 100% 88% 100% $ 70,505,822.76 NWM Norwest Minerals 0.011 -8% 0% -20% -57% -8% $ 10,651,944.18 ALK Alkane Resources Ltd 0.69 -5% -10% 30% 41% 35% $ 420,851,614.94 BMO Bastion Minerals 0.002 33% 27% -43% -58% -36% $ 1,807,255.13 IDA Indiana Resources 0.087 5% 10% 40% 88% 43% $ 54,632,258.93 GSM Golden State Mining 0.008 0% 0% 0% -27% 0% $ 2,514,335.67 NSM Northstaw 0.036 13% 10% 128% 305% 128% $ 10,438,334.39 GSN Great Southern 0.026 4% 8% 63% 53% 73% $ 26,913,715.83 VAU Vault Minerals Ltd 0.405 0% -10% 21% 9% 23% $ 2,755,001,719.71 THR Thor Energy PLC 0.01 11% 11% -23% -38% -23% $ 7,107,898.35 CDR Codrus Minerals Ltd 0.031 3% -14% 82% -26% 82% $ 6,822,234.51 MDI Middle Island Res 0.019 -14% -14% 58% 46% 58% $ 5,571,445.45 WTM Waratah Minerals Ltd 0.275 -11% -19% 77% 12% 77% $ 65,383,434.48 POL Polymetals Resources 0.77 -7% -11% -2% 170% -3% $ 196,760,304.83 RDS Redstone Resources 0.0035 17% -30% 17% -30% 40% $ 3,619,935.74 NAG Nagambie Resources 0.015 -6% -12% -12% 15% -17% $ 13,656,139.85 BGL Bellevue Gold Ltd 0.925 6% -3% -19% -50% -18% $ 1,372,983,279.51 GBR Greatbould Resources 0.061 -2% -12% 42% 9% 42% $ 57,992,501.10 KAI Kairos Minerals Ltd 0.029 -6% 12% 107% 222% 142% $ 76,296,453.48 KAU Kaiser Reef 0.175 3% -8% 3% 17% 9% $ 106,838,307.00 HRZ Horizon 0.05 -2% 9% 14% 28% 25% $ 125,768,182.39 CDT Castle Minerals 0.079 11% -25% 5% -34% 32% $ 8,700,717.75 RSG Resolute Mining 0.645 2% 3% 59% 15% 63% $ 1,394,527,758.52 EVN Evolution Mining Ltd 7.81 4% -18% 59% 126% 62% $ 15,778,742,706.08 CXU Cauldron Energy Ltd 0.01 25% 43% -32% -58% -14% $ 16,120,449.06 DLI Delta Lithium 0.16 -6% -9% -6% -40% -6% $ 118,229,395.68 ALY Alchemy Resource Ltd 0.005 0% -17% -29% -9% -29% $ 7,068,457.54 NH3 Nh3Cleanenergyltd 0.041 24% 86% 116% 273% 128% $ 19,196,562.69 OBM Ora Banda Mining Ltd 0.74 -7% -41% 12% 124% 14% $ 1,375,187,444.41 AVW Avira Resources Ltd 0.007 0% 0% -65% -65% -65% $ 1,610,000.00 LCY Legacy Iron Ore 0.009 13% 0% 0% -33% -10% $ 87,858,383.26 PDI Predictive Disc Ltd 0.41 8% 5% 64% 122% 78% $ 1,035,689,678.47 MAT Matsa Resources 0.069 6% 1% 97% 156% 97% $ 50,609,179.74 ZAG Zuleika Gold Ltd 0.015 -6% 25% 15% -6% 15% $ 11,128,198.91 GML Gateway Mining 0.027 0% -13% 29% 17% 29% $ 10,629,327.67 SBM St Barbara Limited 0.29 0% -15% 18% 45% 29% $ 319,439,670.60 SBR Sabre Resources 0.009 13% 13% -10% -36% -10% $ 3,550,157.40 STK Strickland Metals 0.15 7% 3% 74% 43% 76% $ 328,042,170.57 CEL Challenger Gold Ltd 0.083 1% -14% 77% 46% 77% $ 181,764,808.63 GG8 Gorilla Gold Mines 0.38 -6% -28% 49% 1251% 46% $ 244,892,913.33 NST Northern Star 18.39 -2% -13% 17% 44% 19% $ 26,513,861,997.44 OZM Ozaurum Resources 0.062 -2% -23% 121% 24% 107% $ 14,204,316.13 TG1 Techgen Metals Ltd 0.026 8% 13% -21% -4% -26% $ 4,283,974.17 XAM Xanadu Mines Ltd 0.079 -1% 0% 58% 44% 61% $ 183,296,895.12 AQI Alicanto Min Ltd 0.028 8% 8% -24% 33% -24% $ 25,444,289.28 KTA Krakatoa Resources 0.012 9% 33% 33% -14% 26% $ 9,073,036.87 ARN Aldoro Resources 0.35 9% 11% -1% 386% -8% $ 65,028,597.90 WGX Westgold Resources. 2.85 -2% -10% -2% 17% 1% $ 2,678,431,519.60 MBK Metal Bank Ltd 0.012 0% -8% -29% -51% -20% $ 5,969,507.98 A8G Australasian Metals 0.067 2% 2% -11% -11% -15% $ 3,878,611.58 TAR Taruga Minerals 0.008 0% 0% -20% 14% -20% $ 5,710,032.46 DTR Dateline Resources 0.084 -1% -27% 2700% 833% 2300% $ 277,875,703.62 GOR Gold Road Res Ltd 3.25 -1% -4% 56% 86% 59% $ 3,552,524,926.20 S2R S2 Resources 0.071 6% -17% 4% -26% 6% $ 33,030,791.09 NES Nelson Resources. 0.003 20% 0% 0% 0% 0% $ 6,515,782.98 TLM Talisman Mining 0.15 3% 7% -30% -40% -27% $ 28,248,052.35 BEZ Besragoldinc 0.054 10% 46% -39% -45% -40% $ 22,021,339.15 PRU Perseus Mining Ltd 3.47 3% -13% 32% 48% 35% $ 4,746,685,447.00 SPQ Superior Resources 0.0045 -10% 13% -36% -50% -25% $ 10,669,422.26 PUR Pursuit Minerals 0.063 66% 54% -34% -58% -34% $ 6,582,441.56 RMS Ramelius Resources 2.38 -7% -19% 13% 27% 15% $ 2,816,385,809.58 PKO Peako Limited 0.003 50% 0% 50% 30% 0% $ 4,463,225.88 ICG Inca Minerals Ltd 0.009 13% 80% 80% 50% 80% $ 14,286,250.26 A1G African Gold Ltd. 0.185 -5% 6% 208% 781% 236% $ 105,375,594.40 NMG New Murchison Gold 0.017 -6% 0% 89% 240% 89% $ 175,464,451.81 GNM Great Northern 0.014 0% -18% 8% 27% 0% $ 2,319,436.16 KRM Kingsrose Mining Ltd 0.031 0% 3% -14% -30% -11% $ 22,605,795.57 BTR Brightstar Resources 0.465 -5% -21% -7% 16% -7% $ 222,111,411.84 RRL Regis Resources 4.47 0% -16% 73% 155% 75% $ 3,423,789,873.12 M24 Mamba Exploration 0.013 0% 0% 8% -19% 8% $ 3,837,152.93 TRM Truscott Mining Corp 0.049 0% -25% -37% -20% -37% $ 9,380,979.44 TNC True North Copper 0.405 8% 40% -87% -93% -87% $ 49,679,287.32 MOM Moab Minerals Ltd 0.001 0% -33% -67% -75% -50% $ 1,733,666.03 KNB Koonenberrygold 0.045 41% -26% 165% 221% 275% $ 47,135,854.03 AWJ Auric Mining 0.165 0% -13% -52% -11% -51% $ 31,616,787.34 ENR Encounter Resources 0.255 16% 9% -20% -66% -22% $ 124,698,079.75 SNG Siren Gold 0.049 2% -21% -27% -40% -25% $ 10,510,589.23 STN Saturn Metals 0.405 7% 25% 93% 138% 98% $ 190,758,992.13 USL Unico Silver Limited 0.3 13% 22% 50% 100% 54% $ 129,193,407.73 PNM Pacific Nickel Mines 0.024 0% 0% 0% -29% 0% $ 10,103,834.52 AYM Australia United Min 0.002 -33% -33% -50% -33% -50% $ 3,685,154.97 HAV Havilah Resources 0.18 6% 0% -18% -10% -20% $ 62,762,414.76 SPR Spartan Resources 1.89 -5% -17% 26% 103% 34% $ 2,460,605,919.36 PNT Panthermetalsltd 0.015 15% 25% 50% -7% 36% $ 5,115,377.32 MEK Meeka Metals Limited 0.145 0% -12% 71% 326% 88% $ 437,355,775.50 GMD Genesis Minerals 4.23 -3% -15% 67% 136% 71% $ 4,837,889,012.00 PGO Pacgold 0.063 2% -7% -16% -43% -16% $ 9,570,724.74 FEG Far East Gold 0.175 13% 21% 6% 75% -3% $ 66,064,941.54 MI6 Minerals260Limited 0.12 0% -17% -8% -14% -8% $ 248,079,999.96 IGO IGO Limited 4.26 6% 12% -13% -25% -11% $ 3,271,396,952.16 GAL Galileo Mining Ltd 0.135 23% 35% 0% -34% 8% $ 26,679,365.15 RXL Rox Resources 0.295 4% 0% 48% 127% 48% $ 223,896,463.20 PTN Patronus Resources 0.065 -4% 16% 27% 20% 33% $ 105,612,158.36 CLZ Classic Min Ltd 0.001 0% 0% 0% 0% 0% $ 3,017,699.21 TGM Theta Gold Mines Ltd 0.145 12% 12% -17% -19% -19% $ 127,517,150.77 FAL Falconmetalsltd 0.185 54% 54% 54% -24% 61% $ 30,975,000.00 SPD Southernpalladium 0.65 10% 38% 10% 81% 8% $ 69,517,500.00 ORN Orion Minerals Ltd 0.012 20% 0% -25% -20% -20% $ 82,205,373.82 TMB Tambourahmetals 0.023 5% 5% 0% -57% 10% $ 3,235,981.01 TMS Tennant Minerals Ltd 0.006 9% -14% -40% -74% -33% $ 6,395,342.49 AZY Antipa Minerals Ltd 0.685 -1% 5% 128% 585% 163% $ 396,986,880.34 PXX Polarx Limited 0.0085 21% 6% 42% -35% 31% $ 19,004,007.82 TRE Toubani Res Ltd 0.28 -3% -7% 81% 65% 65% $ 72,045,386.84 AUN Aurumin 0.09 -10% -10% 25% 150% 36% $ 45,655,933.25 GPR Geopacific Resources 0.025 0% 39% 25% 17% 25% $ 82,744,098.48 FXG Felix Gold Limited 0.13 -7% -19% 41% 171% 55% $ 59,249,179.49 ILT Iltani Resources Lim 0.22 -2% 0% 13% -14% 7% $ 15,496,088.47 BRX Belararoxlimited 0.065 10% -23% -64% -77% -63% $ 10,205,935.55 TM1 Terra Metals Limited 0.045 0% 29% 67% -42% 61% $ 21,983,260.44 TOR Torque Met 0.155 0% 24% 204% 19% 192% $ 78,986,572.05 ARD Argent Minerals 0.022 5% 0% 19% 38% 29% $ 31,815,090.56 LM1 Leeuwin Metals Ltd 0.13 0% -13% 13% 155% -7% $ 13,608,861.84 SX2 Southgold Consol 6.85 -7% -1% 0% 0% 0% $ 986,178,099.36 UVA Uvrelimited 0.125 45% 33% 40% 19% 40% $ 13,224,000.12 VTX Vertexmin 0.255 -4% 2% 21% 227% 23% $ 52,444,081.82 Santa Fe Minerals (ASX:SFM) We knew SFA about SFM until this week, a company with virtually no news to report until the big ticket item that it acquired the Eburnea gold project in Cote d'Ivoire from Turaco Gold (ASX:TCG). TCG is now a $520 million explorer thanks to its bet on the land of Didier Drogba and Yaya Toure (Kolo as well), which has emerged as the premier jurisdiction for new entrants into West Africa after military coups in Mali and Burkina Faso. SFM will be itching to follow in the footsteps of Eburnea's vendor, Turaco having plenty of work on its hands at the 3.55Moz Afema gold project. Historic drilling includes 26m at 4.82g/t and 30m at 1.92g/t at different points along a 2km mineralised zone in the Satama permit. SFM, which is raising $1.2m at 5c per share, is also picking up a 65% share in the Bouake North application, 35km from Endeavour Mining's 3Moz Lafigue gold mine. That placement came at a 61.3% premium and is already well out of the money, SFM shares fetching 14c on Friday (for a modest MC of $11m). Falcon Metals (ASX:FAL) Mark Bennett chaired Chalice Mining (ASX:CHN) spinoff Falcon announced some high grade gold intercepts from its first drill hole at Blue Moon, a prospect directly north of the 22Moz Bendigo Goldfield. It's chasing what the company says is a down-plunge extension of the Garden Gully anticline from where 5.2Moz at 15g/t Au has been historically produced. Those diamond drill hits, both from the same hole: 2.2m at 6.5g/t Au from 41.2m, including 0.3m at 39.2g/t Au from 41.2m; and 2.4m at 8.4g/t Au from 600m, including 0.3m at 48.7g/t Au from 600m; and 0.3m at 18.2g/t Au from 602.1m. "This is an exciting start to the drill program, intersecting high-grade veins in our first hole in the east limb of the anticline," Falcon MD Tim Markwell said. "The recognition of Bendigo-style mineralisation with visible gold proves our concept that the high-grade Bendigo lodes plunge into Falcon tenure and provides encouragement to drill wedge holes, in order to track these zones closer towards the fold hinge, where they are usually thickest.' A bit of visible gold in there as well. Nice to see our rock lickers have found a purpose for the 5c piece.
News.com.au
14 hours ago
- News.com.au
Trump to sign 'big, beautiful' bill on US Independence Day
US President Donald Trump will sign his flagship tax and spending bill Friday in a pomp-laden Independence Day ceremony featuring fireworks and a flypast by the type of stealth bomber that bombed Iran. Trump pushed Republican lawmakers to get his unpopular "One Big Beautiful Bill" through a reluctant Congress in time for him to sign it into law on the US national holiday -- and they did so with a day to spare Thursday. Ever the showman, Trump will now meld a victory lap over the bill -- which cements his radical second term agenda -- with a grand party at the White House marking 249 years of independence from Britain. Trump announced that he would have a signing ceremony at the White House at 4:00 pm (2000 GMT) on Friday, and that the pilots who carried out the bombing on Iran were among those who had been invited. "We have the hottest country anywhere in the world today," the jubilant president told supporters at a rally in Iowa Thursday where he boasted of a "phenomenal" victory in passing the bill. "The age of America is upon us. This is a golden age." The bill is the latest in a series of big political wins at home and abroad for Trump, and underlines the 79-year-old's dominance over both the Republican Party and US politics at large, for now. But the tycoon and former reality TV star has glossed over deep concerns from his own party and voters that it will balloon the national debt, and gut health and welfare support. White House Press Secretary Karoline Leavitt said on Thursday that the ceremony would be "on the Fourth of July, just as the president always said and hoped it would be." First Lady Melania Trump was also set to attend the Independence Day event. The president's wife had told reporters on Thursday that a B-2 bomber, the type of aircraft that bombed Iran's nuclear facilities on June 22, and fighter jets would carry out a flypast for the July 4 event. And Trump told the rally-goers in Iowa that the pilots and others who worked on the mission would join him for the festivities. "They're going to be in Washington tomorrow, at the White House, we're going to be celebrating," he said. - Deep misgivings - Trump forced through the bill despite deep misgivings in the Republican Party -- and the vocal opposition of his billionaire former ally, Elon Musk. It squeezed past a final vote in the House of Representatives 218-214 after Republican Speaker Mike Johnson worked through the night to corral the final group of dissenters. The sprawling mega-bill honors many of Trump's campaign promises: boosting military spending, funding a mass migrant deportation drive and committing $4.5 trillion to extend his first-term tax relief. The legislation is the latest in a series of big wins for Trump, including a Supreme Court ruling last week that curbed lone federal judges from blocking his policies, and the US air strikes that led to a ceasefire between Israel and Iran. But it is expected to pile an extra $3.4 trillion over a decade onto the US deficit. At the same time it will shrink the federal food assistance program and force through the largest cuts to the Medicaid health insurance scheme for low-income Americans since its 1960s launch. Up to 17 million people could lose their insurance coverage under the bill, according to some estimates. Scores of rural hospitals are expected to close as a result. Democrats hope public opposition to the bill will help them flip the House in the 2026 midterm election, pointing to data showing that it represents a huge redistribution of wealth from the poorest Americans to the richest.
