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‘I'm not going to slam swimmers': Chalmers' surprising response to Magnussen's Enhanced Games quest

‘I'm not going to slam swimmers': Chalmers' surprising response to Magnussen's Enhanced Games quest

World Aquatics has threatened to ban current athletes who associate with the Enhanced Games or try to compete at next year's event in Las Vegas, even if they don't take performance-enhancing drugs.
Enhanced Games boss Aron D'Souza has offered to pay the legal fees of swimmers who want to challenge World Aquatics' ruling.
World Aquatics will pay swimmers US $20,000 (AUD $30,000) for each gold medal at next month's world championships in Singapore. There is also a world record bonus of US $30,000 (AUD $46,200). The total swimming prize pool is $4.2 million.
The Enhanced Games will pay US $250,000 for each gold medal, plus a US $1 million bonus for world records in either the 50m freestyle or 100m sprint.
'I think it'd be pretty enticing for quite a lot of athletes,' Chalmers said.
'I think that swimmers have been underpaid for a very long time at the big competitions. I've never thought about it a huge amount because you do it for the love of swimming … there's not a lot of money to be made in it.
'Look at the guy that did break the world record and his wife coming out and saying he's been to four Olympics, been in two Olympic finals, been in the world championship final consistently … [the fact] he goes from making $5000 a year to a million in one race is incredible.
'I really hope that there is a shift and that we are able to get a little bit more prize money for what we do. It's threatening World Aquatics a little bit.
'That's why they've come out and said that they're banning swimmers, which yeah, fair enough. But also, those swimmers have come out and announced their retirement.'
Australian head coach Rohan Taylor added: 'I'm just focused on this team ... and providing the right environment for them; a safe, clean sport. That's what we're about. I'm not really paying attention [to it].'
Chalmers has been in great form since taking 12 weeks off after the Olympics, clocking a 100m freestyle time of 47.27 seconds at the Bergen Swim Festival in Norway in April. It was faster than his silver medal-winning performance in Paris (47.48).
The 26-year-old is eyeing off a fourth Olympics in LA in 2028 and preparing for the birth of his first child later this year.
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'It was a massive shock for me [the time of 47.27]. I'm pretty confident that I'm swimming fast,' said Chalmers, who won 100m freestyle gold at the 2023 world championships. 'This could be the year, which is really exciting.
'Our goal is to be at the Olympics in 2028 together and have our daughter in the stands watching us.
'I truly believe it's achievable. If I didn't believe it was possible, I would have retired. I'm at nine Olympic medals. It would be amazing to get to 10.'
Taylor said of Chalmers' swim: 'It made my day when I saw that. I was very happy for him.'
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Premier League transfer latest: Alexander Isak wants out of Newcastle, bombshell Saudi move
Premier League transfer latest: Alexander Isak wants out of Newcastle, bombshell Saudi move

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timean hour ago

  • News.com.au

Premier League transfer latest: Alexander Isak wants out of Newcastle, bombshell Saudi move

Alexander Isak has told Newcastle he wants to explore a move away from the club, talkSPORT understands. The Swede has not travelled with Eddie Howe's squad for their pre-season tour to Singapore amid continued speculation over his future. talkSPORT understands that Newcastle sources insist it's down to a thigh issue, despite a precautionary scan coming back clear. Isak has informed the Magpies that he wants to explore his options, but has stopped short of an official transfer request, as of yet. The club's hierarchy are aware of Isak's wish to consider his options this summer and isn't willing to commit to new terms, with his current contract running until 2028. The 25-year-old has attracted interest from Liverpool this summer while also being linked with a money-spinning move to Saudi Arabia. Premier League champions Liverpool are prepared to pay a British transfer record fee for Isak, who is valued at £150 million [$307 million AUD] . The Reds have signed one striker already after confirming the arrival of Hugo Ekitike from Eintracht Frankfurt in a deal worth up to £79m [$160 million AUD]. However, Liverpool remains an active suitor for Isak, whether now or in future transfer windows, with Newcastle's preference still to keep. talkSPORT understands that if the Tyneside outfit's hand is forced, then they would rather do a deal to send their prized asset to Saudi Arabia rather than a Premier League rival. Al Hilal are currently preparing a bid understood to be over £130m [$260 million AUD] for the 52-cap Sweden international. Isak was left out of Newcastle's pre-season clash at Celtic on Saturday, with boss Howe admitting he wanted to remove him from 'scrutiny' over speculation he may leave the club. Chelsea prepare Xavi Simons bid – but face major hijack risk Chelsea are set to make an opening bid to sign RB Leipzig star Xavi Simons, talkSPORT understands. Simons is close to agreeing personal terms, but is also talking to other clubs with Bayern Munich and Arsenal keen as well. The 22-year-old is prioritising a move to the Premier League as it stands and could be available for under £60 million. That's despite Leipzig agreeing an £70 million fee with PSG in January. The breakdown of that package was £44 million guaranteed with a further £26 million in add-ons. A large proportion of the bonuses haven't been paid yet, which is why Leipzig are prepared to sanction a sale closer to Simons' current market value. Man United enter fresh talks over Villa star Manchester United have made fresh contact with Aston Villa for Ollie Watkins, talkSPORT understands. The Red Devils have identified Watkins as a target in their search for a new number nine, but any move is likely to depend on selling players first. Villa, who have also shown interest in United's Alejandro Garnacho, value England international Watkins at £60 million. The 29-year-old scored 50 Premier League goals across the last three seasons and was linked with a shock January move to Arsenal. Ruben Amorim's side have already spent over £125m ahead of the new season, but are pushing ahead in their pursuit of a new striker.

Cry? Argentina's laughing as companies flock to join its mining industry
Cry? Argentina's laughing as companies flock to join its mining industry

News.com.au

time4 hours ago

  • News.com.au

Cry? Argentina's laughing as companies flock to join its mining industry

Argentinean President Javier Milei's investment-friendly policies are helping draw mining companies This is combined with the lure of rich, yet underexplored ground across the country Minerals such as lithium, copper and gold are some of the big drawcards for explorers and miners alike Argentina is increasingly being seen as an attractive destination for resources investment, standing out even amongst the other well-endowed jurisdictions of South America. Regardless of how one might view maverick President Javier Milei, who swept to power in a landslide victory in December 2023, credit must go where credit is due. His economic reforms have certainly contributed to the creation of a more dynamic and business-friendly environment in the country. This includes the introduction of policies such as the Large Investment Incentive Regime (RIGI) that offers tax, customs, and exchange rate benefits for investments of more than US$200 million. One key beneficiary of this policy is Rio Tinto's US$2.5bn Rincon project in the Rincón Salt Flat, Salta, which will include a processing plant capable of producing up to 60,000tpa of battery-grade lithium carbonate. Other miners and explorers are taking note. 'Argentina is really positioning itself as a top-tier mining destination and this is something that largely wasn't there ten years ago,' Pursuit Minerals (ASX:PUR) managing director Aaron Revelle told Stockhead. 'The Milei government has really opened up the country, and they started that with the oil and gas sector. They've now really moved that into mining.' He also pointed to the 30-year Fiscal Stability Guarantee under the Mining Investment Act that covers exploration through to project maturity and really enhances the long-term investment security as another positive factor. 'There's also growing global governance and transparency standards,' Revelle added. 'Argentina now enjoys the strong support of the IMF, which is another key reason why it's such an attractive mining destination. 'Milei's very well received despite his eccentric nature across a lot of governments, especially in Latin America. 'He's showing that Argentina is tired of the old Peronist rule. People want jobs, they want lower taxes, they want lower costs of living, and I think his policies are really giving him a good standing there.' Rich mineral bounty Argentina's transformation isn't all thanks to Milei though. It has been one of the top three performers in the region since 2018 and has regularly outperformed both Chile and Bolivia, the other two prongs of the famous Lithium Triangle, thanks to having the most attractive tax code. This has contributed to the 77.1% increase in exploration expenditures between 2021 and 2023 to US$427m. It also owes a large part of this growth to its vast strategic mineral resouces. 'Argentina holds the third largest lithium reserves globally as part of the famed lithium triangle alongside Chile and Bolivia,' Revelle added. 'You look at the emergence of copper, you know, which is becoming a juggernaut there. Taca Taca in the Salta province, but also the Filo del Sol project up in San Juan. 'Then looking at other commodities – gold. (In) Santa Cruz, you've got Cerro Negro, a famed tier-1 Newmont deposit.' More importantly for junior explorers such as Pursuit, Argentina remains largely underexplored. Challenger Gold (ASX:CEL) managing director Kris Knauer agrees, telling Stockhead that Argentina doesn't just have attractive geology. It is also very immature compared to jurisdictions like Chile or Ecuador. Argentina also benefits from a high-quality, skilled mining workforce that's readily available. That's on top of significant infrastructure, with well-established road, rail and ports across its mining regions as well as stable access to electricity and water. Revelle points out that the individual provinces control mining rights. The Federal Government's key role is its courting of direct foreign investment. 'There are several major provinces that are constantly flying the flag, with their governors regularly attending PDAC to attract investment,' he added. This combination of business friendly policies, mineral riches and available infrastructure has led major miners such BHP, Lundin, Ganfeng and Eramet to make significant investments in the country. ASX players Given all the advantages, there's certainly no shortage of ASX-listed companies operating in Argentina. Pursuit is focused on its Rio Grande Sur lithium project that has a resource of 1.104Mt lithium carbonate equivalent. It's doubled down on Argentina, with the company recently divesting its WA gold prospects and is evaluating other opportunities in the country. 'There's plenty of opportunity, and we're seeing some amazing prospects that may not have actually been there or available to us five to ten years ago in terms of political constraints or things like that,' Revelle said. 'Over the next 12 months, we will look at Argentina and the lithium market, which we think will eventually rebound and come back as demand continues to grow. 'If there was an exceptional opportunity in South America we would potentially look at it, but for us we are very comfortable in lithium, very comfortable in Argentina, and really just developing opportunities within the country. We expect the country to continue to grow." Revelle didn't discount other minerals, noting that gold, copper and silver are very prospective in Argentina. The company recently produced high-purity lithium carbonate samples from its 250tpa pilot plant using synthetic brine chemically identical to that of the Rio Grande Sur lithium project. To enhance product quality and simulate potential refinement steps at commercial scale, a portion of this material was further treated at bench scale using fractional crystallisation (FX) and ion exchange (IX) techniques. These post processing steps upgraded the product to 99.5% purity, meeting established benchmarks for technical-grade lithium carbonate. Samples will be used by potential partners for product qualification and assessment purposes, representing a critical milestone in Pursuit's commercial strategy. Challenger Gold is focused primarily on its Hualilan gold project in Argentina's San Juan province that has a resource of 2.9Moz of gold with a high-grade core of 1.6Moz at 5g/t gold. In June 2025, the company unveiled a toll treatment PFS that outlined attractive returns, despite using conservative spot prices of US$2500/oz for gold and US$27.50/oz for silver. The three-year toll milling strategy delivers an estimated EBITDA of A$136 million, a post-tax NPV of US$50.5 million, and cumulative post-tax free cash flow of US$56.7 million. Using a gold price of US$3300/oz, a touch below spot, this EBITDA increases to A$221 million. The toll mining operation is based on just 3% of project's current resource and requires a modest upfront capital investment of just US$8.9 million (A$13.8m), with a rapid payback period expected by December 2025, only three months after mining begins. Mining will be focused on three shallow open pits producing 465,000 wet metric tonnes of mineralised material, with an average mined grade of 6.2g/t gold and 35g/t silver. A production target of 76,600oz payable gold and 338,500oz silver has been set out with a life-of-mine strip ratio of 6:1 and a forecast mining cost of US$8.12/t. Ore will be hauled 165km on a sealed highway to the fully permitted Casposo plant, where recoveries of 84.4% gold and 65.7% silver are expected. Knauer said the company will cross a number of milestones by the end of the year. 'There'll be first drill and blast, first mining, first processing of all, first cash flow, that's all by the end of this year. That will happen in the next five months,' he said. 'You will also see some infill drilling results from the higher grade pits there as part of that, but really for us the next five months is about executing and delivering cash flow and producing gold.' This initial toll milling operation will effectively 'bootstrap' the company into the larger operation, likely to come into focus in early 2026. 'You'll have a ... study showing what the larger project now looks like and the scale of it, which will be in the first quarter next year,' he added. The broader project is already fully permitted and has the first EIA approved in San Juan gold mining for over 10 years. An EIA amendment is needed for trucking the ore to the toll mill, along with an explosives approval for drill and blast contractor Orica, with Knauer saying time frames have been as expected. On the copper front, Belararox (ASX:BRX) operates the Toro-Malambo-Tambo (TMT) project down the road from BHP and Lundin's Filo Del Sol copper deposit, recently revealed to be among the largest global copper finds of the past 30 years in a hint the underexplored Vicuna border region of Argentina and Chile could host more tier-1 copper projects. Recent Phase 1 drilling tested two of several high priority target areas with the Tambo South target returning wide and continuous anomalous copper zones. Geological interpretation has indicated multiple intrusions with varying extents of copper mineralisation with suggestions that the upper parts of the copper porphyry target have been tested successfully. A magnetotellurics geophysical survey is planned at Toro South and Tambo to characterise the most prospective zones for follow-up drilling. American Salars (CSE:USLI) acquired the Cauchari Ines 01 lithium brine project in May 2025. The project covers about 1235 hectares over part of the 2550km2 Cauchari Salt Lake basin – a proven producing salar – and is known to contain lithium concentrations, with sampling returning up to 383ppm lithium from a depth of 30cm below the salt crust. It is located about 13km from Rio Tinto's Rincon salar – an approved US$2.5 billion development that will eventually export 60,000tpa of lithium carbonate – and about 80km from the town of San Antonio de Los Cobres with access provided by existing mining tracks and roads. There is also immediate proximity to railroads, electricity and gas pipelines. Cauchari Ines 01 sits within a known geological district with significant lithium and potassium sampling and is near the San Antonio de los Cobres and Pocitos industrial centre. Mineralisation in the Cauchari Salar include borates, sulphates, carbonates and brines rich in lithium, potassium, boron and rare earths. Significant concentrations of lithium were determined in brines from the Cauchari Salt Lake area at the northern end of the company's claim boundary.

High Voltage: US graphite stocks gain 40pc advantage thanks to anti-dumping tariff on China
High Voltage: US graphite stocks gain 40pc advantage thanks to anti-dumping tariff on China

News.com.au

time4 hours ago

  • News.com.au

High Voltage: US graphite stocks gain 40pc advantage thanks to anti-dumping tariff on China

Graphite pricing has been significantly impacted by Chinese production in recent months, and the US has just notched another arrow to fire in its trade war around the critical mineral. Back in February, the US International Trade Commission (ITC) ruled that China harmed the American graphite industry by exporting graphite at unfairly low prices. And last week, the Department of Commerce in the US applied 93.5% anti-dumping duties on active anode material (processed graphite). When combined with existing tariffs applied to Chinese imports into the US, the impost now totals 160% for active anode material. Active anode material (AAM) is graphite refined into coated spherical purified graphite and is the final product used in batteries. China has a stranglehold on global graphite supply, with 98% of graphite anode material (both natural and synthetic) coming from China. The significant tariffs at a major import market like the US are expected to impact global prices of graphite and have highlighted the need for Western countries to shore up domestic supply chains - particularly around minerals critical to defence and tech applications. Benchmark Minerals Intelligence (BMI) says the move will push the cost of Chinese AAM from ~US$3700/t to US$9300/t, making US-made AMM at ~US$5400/t over 40% cheaper. 'This marks an advantage for US anode aspirants looking to onshore production as they are likely to see greater interest from investors and cell makers, give the more balanced cost landscape,' BMI said. 'However, given the current limited availability of commercial-scale domestic AAM, cell makers will likely to absorb these higher associated costs in the near-term, which could dampen demand.' Near-term US graphite producers The tariff/trade war could present opportunities for ASX stocks with a near-term development project in the US – and even those further afield (but more on that later). Syrah Resources' (ASX:SYR) has its 11,250tpa Vidalia active anode materials plant, which is ramping up in the US and has the potential for expansion to 45,000tpa (targeted by 2028) and long term aspirations of >100ktpa. Qualification by key customer Tesla has been extended from May this year to February 9, 2026. There's also Novonix (ASX:NVX), which owns the Riverside facility in Chattanooga, Tennessee, which is poised to become the first large-scale production site dedicated to high-performance synthetic graphite for the battery sector in North America. The project is targeting a 3000tpa start-up this year, growing to 15-20,000tpa by 2030, with long term aspirations to expand capacity to around 150,000tpa. The initial 20,000tpa is already fully accounted for, with long-term offtake agreements with Panasonic Energy, Stellantis, and PowerCo. Outside of the US, Renascor Resources (ASX:RNU) has the Siviour project in South Australia, the most advanced graphite development in Oz. Siviour is expected to be one of the world's lowest cost projects, with costs of US$405/t of graphite concentrate in the first 10 years. The upstream mine and concentrator has already nabbed a $185m loan under the Australian Government's Critical Minerals Facility, signalling the nation-building value of the project. RNU is looking downstream as well, planning to commission a purified spherical graphite (PSG) demonstration plant in Q4 this year. In the Northern Territory, Kingsland Minerals' (ASX:KNG) Leliyn project has an inferred resource of 180.2Mt at 7.2% total graphitic content and indicated resource of 12.3Mt at 7.9% TGC, making it the largest in situ graphite resource in Australia. A scoping study is expected to be released this quarter, and will focus on just a fraction of the project's 12km strike zone. iTech Minerals (ASX:ITM) has the Lacroma, Sugarloaf and Campoona deposits north of Siviour on South Australia's Eyre Peninsula. It boasts a global mineral resource of 35.2Mt at 6% TGC, with test work already showing the project can produce a 94% graphite concentrate with material suitable for the key battery market. Buxton Resources (ASX:BUX) owns the 20.7Mt at 10.8% TGC Graphite Bull project in WA where earlier this month the world's largest anode manufacturer, BTR New Material Group, has qualified the ore for its entire ore-to-anode production process. International Graphite (ASX:IG6) owns the Springdale deposit and proposed Collie plant, and Green Critical Minerals (ASX:GCM) owns 80% of the 1.1Mt McIntosh project, but has moved into the technology space, beginning production runs of its Very High Density (VHD) graphite block technology, with first revenue expected in H1 CY26. The tech has thermal management applications in sectors from global electronics, semiconductor and microchip manufacturers, to data centre operators. Battery Metals Winners and Losers Here's how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, magnesium, manganese and vanadium is performing >>> Battery metals stocks missing from our list? Shoot a n e mail to Code Company Price % Week % Month % Six Month % Year Market Cap XTC XTC Lithium Limited 0.2 19900% 19900% 19900% 19900% $17,528,272 LMG Latrobe Magnesium 0.018 125% 125% 6% -59% $42,108,350 AS2 Askarimetalslimited 0.016 100% 167% 45% -64% $6,466,731 HLX Helix Resources 0.002 100% 33% -33% -33% $5,046,291 VR8 Vanadium Resources 0.041 86% 105% 32% -18% $23,135,967 GTE Great Western Exp. 0.019 58% 111% -21% -37% $11,355,159 GRE Greentechmetals 0.078 56% 81% 16% -35% $7,824,264 SLZ Sultan Resources Ltd 0.006 50% 20% -25% -14% $1,388,819 PGD Peregrine Gold 0.265 47% 71% 77% 83% $22,060,413 IG6 Internationalgraphit 0.072 47% 41% 20% -17% $13,936,200 EVG Evion Group NL 0.033 43% 106% 32% 65% $13,917,439 PMT Patriotbatterymetals 0.475 42% 116% 32% -4% $267,688,695 IXR Ionic Rare Earths 0.0255 42% 132% 264% 155% $124,813,852 IPT Impact Minerals 0.009 38% 50% -13% -36% $31,946,640 LKE Lake Resources 0.044 38% 57% 7% 22% $84,748,040 AR3 Austrare 0.12 36% 140% 43% 38% 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11% 0% -22% -33% $438,423,546 IGO IGO Limited 5.265 11% 36% 1% -6% $3,945,365,306 G88 Golden Mile Res Ltd 0.01 11% -23% 0% -9% $4,898,231 NC1 Nicoresourceslimited 0.1 11% 14% 11% -29% $12,345,058 WC1 Westcobarmetals 0.02 11% 5% -9% -35% $4,375,969 CY5 Cygnus Metals Ltd 0.1 11% 16% -29% 64% $106,326,218 GCM Green Critical Min 0.031 11% 29% 63% 933% $76,317,142 SCN Scorpion Minerals 0.021 11% 11% 0% 24% $9,957,068 ADD Adavale Resource Ltd 0.022 10% 10% -45% -73% $4,203,970 GL1 Globallith 0.22 10% 54% 22% -24% $54,963,746 STM Sunstone Metals Ltd 0.0165 10% 10% 136% 83% $92,353,480 YAR Yari Minerals Ltd 0.011 10% 0% 267% 267% $6,894,638 ITM Itech Minerals Ltd 0.033 10% 3% -40% -59% $5,637,568 ARV Artemis Resources 0.0055 10% 10% -39% -45% $12,678,361 OCN Oceanalithiumlimited 0.068 10% 3% 152% 79% $11,621,877 ILU Iluka Resources 5.35 10% 56% 16% -14% $2,315,878,466 VTM Victory Metals Ltd 1.26 10% 52% 245% 260% $136,381,295 S32 South32 Limited 3.14 9% 10% -11% 5% $14,141,414,280 MEK Meeka Metals Limited 0.1525 9% 2% 39% 301% $437,355,776 RIO Rio Tinto Limited 120.02 9% 18% 2% 5% $44,349,201,087 REC Rechargemetals 0.013 8% -7% -32% -58% $3,340,870 HAV Havilah Resources 0.195 8% 11% -11% -5% $66,154,978 PAT Patriot Resourcesltd 0.055 8% 0% 25% 8% $9,076,235 GLN Galan Lithium Ltd 0.145 7% 53% 21% -4% $139,772,833 JLL Jindalee Lithium Ltd 0.45 7% 14% 120% 53% $38,338,006 LM1 Leeuwin Metals Ltd 0.15 7% 15% 25% 83% $15,120,958 NIC Nickel Industries 0.7925 7% 14% -5% 1% $3,407,634,662 BHP BHP Group Limited 41.87 7% 17% 7% 1% $212,430,275,035 DLI Delta Lithium 0.165 6% -8% -3% -23% $121,812,105 GAL Galileo Mining Ltd 0.17 6% 62% 10% -6% $33,596,238 EMH European Metals Hldg 0.17 6% -3% 26% -35% $33,191,153 LSR Lodestar Minerals 0.017 6% 183% 21% -15% $6,759,038 A4N Alpha Hpa Ltd 0.94 6% 18% 7% 18% $1,074,467,171 SRK Strike Resources 0.035 6% 0% 17% 0% $9,931,250 EMN Euromanganese 0.185 6% -3% 12% -45% $9,413,767 WC8 Wildcat Resources 0.185 6% 42% -21% -27% $260,630,845 AVL Aust Vanadium Ltd 0.0095 6% 19% -32% -41% $86,346,581 BM8 Battery Age Minerals 0.062 5% 7% -37% -52% $9,411,713 MAN Mandrake Res Ltd 0.021 5% 11% -5% -22% $13,172,458 LIT Livium Ltd 0.0105 5% 17% -38% -50% $16,909,071 VML Vital Metals Limited 0.105 5% 5% -30% -40% $12,968,919 RXL Rox Resources 0.315 5% 15% 43% 117% $238,911,961 WIN WIN Metals 0.021 5% 17% 0% -13% $10,451,110 LYC Lynas Rare Earths 10.505 5% 15% 58% 75% $9,485,431,282 VRX VRX Silica Ltd 0.085 5% 6% 85% 130% $65,762,689 GED Golden Deeps 0.022 5% 5% -8% -35% $4,073,891 KM1 Kalimetalslimited 0.11 5% 45% -12% -42% $9,113,220 BC8 Black Cat Syndicate 0.8525 5% 5% 24% 154% $608,543,633 NTU Northern Min Ltd 0.0345 5% 11% 64% 15% $292,500,454 CAE Cannindah Resources 0.024 4% 0% -38% -56% $16,745,839 FML Focus Minerals Ltd 0.395 4% 5% 88% 182% $116,056,251 PBL Parabellumresources 0.053 4% 4% -4% 33% $3,301,900 FRS Forrestaniaresources 0.145 4% 107% 1350% 326% $37,322,691 GW1 Greenwing Resources 0.029 4% 21% -17% -40% $8,564,078 FTL Firetail Resources 0.088 4% 17% 22% 47% $32,682,406 KNG Kingsland Minerals 0.15 3% 92% 15% -25% $10,521,332 JMS Jupiter Mines. 0.2275 3% 14% 57% -11% $441,234,396 ADV Ardiden Ltd 0.155 3% 7% 7% 15% $10,315,388 NWC New World Resources 0.067 3% 18% 319% 131% $239,570,336 CHN Chalice Mining Ltd 1.8575 3% 20% 55% 71% $729,425,228 DM1 Desert Metals 0.0215 2% 2% -7% -28% $9,730,305 SUM Summitminerals 0.044 2% 29% -66% -78% $4,517,380 ALK Alkane Resources Ltd 0.69 2% -5% 31% 37% $417,823,905 CWX Carawine Resources 0.097 2% -1% -8% 13% $22,904,169 HAW Hawthorn Resources 0.055 2% -5% 20% -20% $18,425,859 OMH OM Holdings Limited 0.325 2% 12% -7% -25% $241,370,892 MEI Meteoric Resources 0.1625 2% 30% 93% 35% $362,291,231 NMT Neometals Ltd 0.069 1% 10% -14% -4% $53,859,756 BSX Blackstone Ltd 0.074 1% -14% 174% 76% $129,891,858 SFR Sandfire Resources 11.17 1% 1% 13% 33% $5,173,739,862 ASM Ausstratmaterials 0.72 1% 35% 47% 5% $130,565,291 PTR Petratherm Ltd 0.3725 1% 33% -10% 2091% $131,713,613 IDA Indiana Resources 0.086 1% 10% 32% 85% $56,560,456 CXO Core Lithium 0.11 0% 31% 18% 12% $246,446,788 RIL Redivium Limited 0.004 0% 0% 0% 100% $13,609,422 COB Cobalt Blue Ltd 0.054 0% -5% -16% -33% $24,021,298 LPD Lepidico Ltd 0.002 0% 0% 0% 0% $17,178,371 MRD Mount Ridley Mines 0.0025 0% 25% -17% -75% $1,946,223 CZN Corazon Ltd 0.002 0% 0% 0% -60% $2,369,145 CLA Celsius Resource Ltd 0.007 0% 0% -30% -46% $20,380,675 MNS Magnis Energy Tech 0.042 0% 0% 0% 0% $50,378,922 AXN Alliance Nickel Ltd 0.034 0% -3% -8% -11% $24,678,547 AAJ Aruma Resources Ltd 0.008 0% -11% -20% -27% $2,623,524 TKL Traka Resources 0.001 0% -50% 0% 0% $2,125,790 ATM Aneka Tambang 1.105 0% 0% 24% 3% $1,440,532 LEL Lithenergy 0.37 0% 0% 0% 1% $41,440,581 MRC Mineral Commodities 0.026 0% 0% 0% 0% $25,596,288 PEK Peak Rare Earths Ltd 0.31 0% 11% 114% 102% $133,466,467 WKT Walkabout Resources 0.095 0% 0% 0% -10% $63,769,838 CNJ Conico Ltd 0.007 0% 0% -22% -30% $1,905,020 BOA BOA Resources Ltd 0.018 0% -10% -18% -10% $2,220,351 MQR Marquee Resource Ltd 0.009 0% 0% -18% -18% $5,024,723 MRR Minrex Resources Ltd 0.008 0% 0% 0% -11% $8,678,940 DTM Dart Mining NL 0.003 0% 0% -70% -84% $4,792,222 EMS Eastern Metals 0.01 0% 0% -33% -68% $1,394,262 IMI Infinitymining 0.009 0% 0% -10% -44% $3,807,142 TEM Tempest Minerals 0.005 0% 25% 0% -44% $5,508,975 EMC Everest Metals Corp 0.135 0% 4% -7% 8% $32,499,032 OB1 Orbminco Limited 0.001 0% 0% -40% -60% $3,402,568 KOR Korab Resources 0.008 0% 0% 0% 0% $2,936,400 CMX Chemxmaterials 0.026 0% 0% 0% -42% $3,354,580 ENV Enova Mining Limited 0.006 0% -25% 20% -40% $8,745,600 AVW Avira Resources Ltd 0.007 0% 0% -65% -65% $1,610,000 NWM Norwest Minerals 0.014 0% 17% 9% -44% $14,525,378 RGL Riversgold 0.004 0% 0% 33% -33% $6,734,850 THR Thor Energy PLC 0.009 0% 0% -22% -44% $6,397,109 ODE Odessa Minerals Ltd 0.006 0% -14% -8% 140% $9,597,195 AZI Altamin Limited 0.019 0% -10% -14% -42% $10,915,555 LNR Lanthanein Resources 0.001 0% 33% -47% -67% $2,810,182 CLZ Classic Min Ltd 0.001 0% 0% 0% 0% $3,017,699 PEK Peak Rare Earths Ltd 0.31 0% 11% 114% 102% $133,466,467 TAR Taruga Minerals 0.008 0% 14% -11% -11% $5,710,032 DRE Dreadnought Resources Ltd 0.011 0% 10% -8% -52% $55,874,500 KFM Kingfisher Mining 0.047 0% -6% 31% -33% $2,524,605 GRL Godolphin Resources 0.011 0% 22% -21% -21% $5,386,480 LNR Lanthanein Resources 0.001 0% 33% -47% -67% $2,810,182 EV1 Evolutionenergy 0.016 0% 33% -16% -48% $5,802,408 OM1 Omnia Metals Group 0.012 0% 0% -85% -85% $2,605,100 LLL Leolithiumlimited 0.332997 0% 0% 0% 0% $401,204,047 SRN Surefire Rescs NL 0.002 0% 0% -40% -66% $6,457,219 LU7 Lithium Universe Ltd 0.007 0% 17% -30% -55% $6,551,857 TMX Terrain Minerals 0.0025 0% 25% -38% -17% $6,329,536 ANX Anax Metals Ltd 0.007 0% 0% -30% -73% $6,179,653 RON Roninresourcesltd 0.15 0% -9% -23% 25% $6,056,252 ASR Asra Minerals Ltd 0.002 0% 0% -33% -67% $8,000,396 AEE Aura Energy 0.165 0% 6% 6% 18% $151,427,524 AMD Arrow Minerals 0.02 0% 0% -55% -67% $17,555,332 CUL Cullen Resources 0.005 0% 67% 0% -33% $3,467,009 HWK Hawk Resources. 0.02 0% 33% -9% -44% $5,418,589 ORN Orion Minerals Ltd 0.01 0% 0% -33% -41% $72,816,361 SER Strategic Energy 0.006 0% -8% -25% -60% $4,697,233 SVY Stavely Minerals Ltd 0.019 0% 73% 6% -30% $10,336,800 SVM Sovereign Metals 0.74 -1% 13% -2% 13% $488,438,721 NST Northern Star 16.305 -1% -18% -6% 16% $23,813,905,145 QGL Quantum Graphite 0.49 -1% 2% 5% -15% $165,594,537 KNI Kunikolimited 0.093 -1% -19% -44% -54% $8,083,957 DEV Devex Resources Ltd 0.086 -1% 9% -10% -66% $38,868,779 ASL Andean Silver 1.365 -1% 31% 41% 80% $221,489,388 HAS Hastings Tech Met 0.29 -2% 9% -5% -15% $59,073,040 DVP Develop Global Ltd 4.6 -2% -4% 107% 145% $1,530,301,137 CHR Charger Metals 0.05 -2% 14% -25% -18% $3,948,433 SLM Solismineralsltd 0.081 -2% -8% 21% -40% $11,427,494 BUR Burleyminerals 0.04 -2% -13% -49% -61% $7,366,692 WA1 Wa1Resourcesltd 17.34 -3% 21% 31% 16% $1,167,687,454 ABX ABX Group Limited 0.038 -3% -5% -16% -31% $9,571,497 RVT Richmond Vanadium 0.073 -3% -26% -56% -76% $15,772,687 PSC Prospect Res Ltd 0.18 -3% 16% 87% 44% $129,608,628 PFE Pantera Lithium 0.018 -3% 50% 6% -39% $8,764,998 QPM QPM Energy Limited 0.035 -3% 0% -50% 0% $102,523,345 EFE Eastern Resources 0.031 -3% 0% -3% -38% $3,908,788 A11 Atlantic Lithium 0.155 -3% -3% -38% -59% $103,972,097 FG1 Flynngold 0.029 -3% -9% 16% 0% $11,348,178 HMX Hammer Metals Ltd 0.029 -3% -9% -6% -28% $26,632,761 SFM Santa Fe Minerals 0.27 -4% 671% 694% 744% $21,117,449 OD6 Od6Metalsltd 0.026 -4% 0% -61% -47% $4,172,167 1AE Auroraenergymetals 0.049 -4% -11% -18% -25% $8,774,123 MLX Metals X Limited 0.655 -4% 24% 44% 49% $571,722,542 BMM Bayanminingandmin 0.063 -5% 80% 26% -7% $6,879,941 ARL Ardea Resources Ltd 0.41 -5% 3% 15% -15% $85,217,231 RAG Ragnar Metals Ltd 0.02 -5% 0% 3% 0% $9,479,720 AXE Archer Materials 0.285 -5% 24% -35% -8% $72,631,399 S2R S2 Resources 0.0665 -5% 2% -11% -40% $32,996,123 EVR Ev Resources Ltd 0.0095 -5% 36% 280% 88% $20,047,530 ARN Aldoro Resources 0.35 -5% 8% 23% 332% $64,182,702 SRZ Stellar Resources 0.017 -6% 13% 21% -15% $35,355,760 PUR Pursuit Minerals 0.067 -6% 81% -18% -55% $6,682,176 ICL Iceni Gold 0.066 -6% 12% -6% 0% $22,657,892 RMX Red Mount Min Ltd 0.008 -6% -11% 0% -20% $4,658,367 AX8 Accelerate Resources 0.008 -6% 33% -27% -33% $6,537,510 ZNC Zenith Minerals Ltd 0.032 -6% -14% -29% -40% $16,942,576 CRI Critica ltd 0.016 -6% -6% -16% -11% $45,869,097 1MC Morella Corporation 0.015 -6% -12% -38% -65% $5,526,435 M24 Mamba Exploration 0.015 -6% 20% -12% 25% $4,722,650 AUZ Australian Mines Ltd 0.007 -7% -22% -42% -22% $12,832,591 ETM Energy Transition 0.0475 -7% 10% -40% 138% $71,364,799 MTC Metalstech Ltd 0.135 -7% -4% 0% -40% $29,977,420 EGR Ecograf Limited 0.335 -7% 20% 264% 191% $154,438,818 ESR Estrella Res Ltd 0.04 -7% -23% 54% 900% $84,306,531 LLM Loyal Metals Ltd 0.2 -7% 54% 111% 60% $21,573,943 FBM Future Battery 0.026 -7% 44% 0% 4% $14,809,543 LML Lincoln Minerals 0.0065 -7% 30% 8% 8% $13,666,703 A8G Australasian Metals 0.062 -7% -6% -17% -23% $3,589,163 FLG Flagship Min Ltd 0.055 -8% 22% 28% -32% $13,196,926 NH3 Nh3Cleanenergyltd 0.055 -8% 112% 206% 323% $34,366,799 PGM Platina Resources 0.021 -9% 5% 11% -16% $13,086,787 LRV Larvottoresources 0.725 -9% 33% 8% 504% $299,001,368 CNB Carnaby Resource Ltd 0.41 -9% 12% 19% -23% $95,923,321 SBR Sabre Resources 0.009 -10% 13% 6% -36% $3,550,157 SRI Sipa Resources Ltd 0.018 -10% 29% 29% 0% $7,495,170 WR1 Winsome Resources 0.18 -10% 44% -63% -70% $47,573,848 LCY Legacy Iron Ore 0.009 -10% 0% 0% -48% $87,858,383 MNB Minbos Resources Ltd 0.045 -10% 7% -18% -32% $44,852,282 GBR Greatbould Resources 0.06 -10% -5% 28% 11% $58,927,864 ARU Arafura Rare Earths 0.1925 -10% 17% 54% 1% $492,865,738 BUX Buxton Resources Ltd 0.042 -11% 8% 5% -48% $13,744,236 MHK Metalhawk. 0.37 -11% -20% 12% 612% $46,272,211 LEG Legend Mining 0.008 -11% 33% -20% -38% $23,315,817 M2R Miramar 0.004 -11% 33% 0% -64% $2,990,470 SRL Sunrise 1.32 -12% 103% 313% 207% $147,101,074 VMC Venus Metals Cor Ltd 0.105 -13% -5% 62% 21% $21,574,155 PNT Panthermetalsltd 0.0095 -14% -27% 6% -62% $3,009,045 QEM QEM Limited 0.029 -15% -24% -59% -78% $6,855,610 DYM Dynamicmetalslimited 0.23 -15% -10% -15% 35% $9,816,868 MTM Metallium Ltd 0.74 -15% 17% 190% 1847% $380,883,366 KAI Kairos Minerals Ltd 0.025 -17% -22% 79% 194% $67,088,261 HRE Heavy Rare Earths 0.046 -18% 35% 53% 60% $9,361,525 AQD Ausquest Limited 0.044 -19% -24% 83% 313% $61,242,106 MOH Moho Resources 0.004 -20% 0% -20% -20% $3,727,070 CRR Critical Resources 0.004 -20% 14% -33% -56% $13,850,427 ARR American Rare Earths 0.345 -21% 41% 21% 28% $206,518,936 CMO Cosmometalslimited 0.018 -22% 6% 21% -60% $5,798,441 REE Rarex Limited 0.0205 -24% 8% 156% 37% $18,403,280 BNR Bulletin Res Ltd 0.046 -25% -19% 28% -6% $17,029,573 BYH Bryah Resources Ltd 0.006 -25% -50% 50% 33% $6,001,195 AOA Ausmon Resorces 0.0015 -25% -25% 0% -50% $2,622,427 ENT Enterprise Metals 0.002 -33% -33% -33% -33% $3,428,293 AYM Australia United Min 0.002 -33% 0% 0% -33% $3,685,155 Weekly Small Cap Standouts Helix Resources (ASX:HLX) HLX is zeroing in on two distinct copper-gold systems at the White Hills project in Arizona, US, with a combination of geophysical, geological and geochemical results. Two geological formations meet on the project's tenure. Management reckons there's evidence of copper at the northern end of the Arizona Arc formation, while a fault-style gold system sits at the southern end of the Walker Lane gold trend, both within the project area. "With growing interest and policy support for domestic copper production in the U.S., the project is ideally positioned to benefit from this momentum,' executive chairman Mike Povey said. While prices are not soaring the same as gold, the red metal is currently fetching between US$4.50-5.50/lb at the time of writing, reflecting a big arbitrage weighted to the US market, with tariffs on the horizon. Vanadium Resources (ASX:VR8) The company has signed an offtake agreement for the supply of 100,000 tonnes of vanadium-rich magnetite direct shipping ore (DSO) each month from the world-class Steelpoortdrift vanadium project in South Africa. The offtake positions VR8 to transition from developer to producer and is a fillip as the company advances its near-term cash flow strategy aimed at unlocking value from Steelpoortdrift's vast JORC resource, while preserving the flexibility to pursue full-scale development as market conditions improve. Due to the absence of a standard spot price for the DSO product, the agreement, which is valid for two years, is also conditional on subsidiary VanRes finalising pricing terms with CPAL by August 30, 2025. Executive chairman Jurie Wessels said alongside this negotiations with other potential offtakers are also progressing. 'These may lead to the staged or full-scale development of beneficiation through concentration capacity, enabling the production of higher-grade ore,' he said. 'Concurrently, we are assessing commercialisation opportunities with entities that possess downstream processing capabilities.' Patriot Battery Metals (ASX:PMT) This week the company confirmed that the Shaakichiuwaanaan project in Canada hosts the world's largest pollucite-hosted caesium pegmatite deposit. PMT declared a maiden Caesium Zone resource estimate of 163,000t at 10.25% caesium, 1.78% lithium, and 646 ppm tantalum (indicated) at the Rigel zone, and 530,000t at 2.61% caesium, 2.23% lithium, and 172 ppm tantalum (indicated) at the Vega zone. President, CEO and managing director Ken Brinsden said what's particularly existing for investors is that the addressable market for caesium appears to be at a key inflexion point, 'with its ability to improve the efficiency and stability of next generation terrestrial solar technologies having the potential to drive a massive increase in global demand.' 'Shaakichiuwaanaan stands to play a driving role in the growth of this exciting new market,' he said. 'As we finalise the maiden lithium-only Feasibility Study for the CV5 Pegmatite, we are excited to start work on unlocking the enormous potential of the caesium resource.' Shaakichiuwaanaan is already North America's largest hard rock spodumene hosted lithium resource. At Stockhead, we tell it like it is. While Renascor Resources, Kingsland Minerals, iTech Minerals, Buxton Resources and Green Critical Minerals are Stockhead advertisers, they did not sponsor this article.

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