Phase 1 RC drilling at @KingRiverASX Mindoolah Project shows 79% success rate (15/19 holes mineralised) at ~41m average depth - validating targeting model and confirming vein/dyke-hosted gold below the historic pits. Next steps - Phase 2 aeromag and Phase 2 RC program in Oct.

Encouraging developments on 2 fronts for @Pilbara Gold $PGL: infill/step-out drilling results at 2.1Moz MRE Mt York project (PFS targeted for mid‑2027); Roe Hills project generating strong initial 2026 drill results, located within trucking distance of multiple Kalgoorlie mills.

#Gold #ETF demand is strengthening even as prices have eased, underscoring that investors are positioning for the long game rather than reacting to short‑term market noise. This signals confidence in gold's role as a hedge, a diversifier, and a store of value in uncertain times.

Coverage stock $ARI was one of the highlight stories of last week’s @ReadCorporate Rising Stars Conference on the Gold Coast. $2M Lion Selection investment following recent 100% ownership consolidation of both its Kookynie and Yundaminda gold projects, modest ~$50M market value.

Major step-change in @AurekaLimited Victorian gold strategy, set to become a fully-integrated producer via the acquisition of the Fiddlers Creek underground gold-silver mine and the Wedderburn mill, one of only six licensed mills in Victoria and <50km from its Comstock Resource.

Further, wide and consistent copper‑equivalent drill intercepts from @SHMining's Llahuin Project in Chile, incl 241m @ 0.42% CuEq, with higher‑grade near‑surface zones and beneficiation testwork that could lift head grades, support starter pits and improve early project economics

Global borrowing costs are rising not only because interest rates are at multi‑decade highs, but because demand for capital is also surging globally - with governments borrowing more at the same time tech companies are issuing unprecedented debt to fund AI data‑centre expansion.

Crude oil (up 38%) is outperforming gold (up 21%) over the past year. Volatility, geopolitical uncertainty, inflation, debt, interest rates and yields are just a few of the factors at play. Inflation in particular is becoming an existential threat, exacerbated by tariffs and debt

Zinc has hit a +4-year high on the back of a 64% drop in LME inventories. LME warehouse stock has dropped from 264,000 tonnes in December 2024 to 95,000 tonnes - it’s lowest since April 2023. So far in 2026 - Teck Resources up 47%, Glencore up 46% and Nexa Resources 60%.

UBS less bullish on #lithium - concerns focused on battery, inventories, weak China NEV sales, robust supply response, worries about deficits trending to surpluses into 2027, and concerns on sodium-ion battery technology - expecting faster supply growth than demand from 2027.

#Gold's recovery to $4700 is not just short-term speculation - it is being supported by investment flows and long-term reserve demand. Global ETF net inflows were $6.4B for week ending August 21 (largest in 10 months), while central bank net purchases were 289t in Q2 - up 62% YoY

#Uranium exploration is one thing - production another. $BOE forecasting FY27 output of 1.25 - 1.30Mlb (-26%/-20% v Macquarie & VA consensus), C1 cash costs of A$51-56/lb v Macq. est of A$42/lb, and AISC of A$83-92/lb v Macq. est of A$70. Macquarie's recommendation under review.

SMEDG Technical Meeting - Thursday August 27, 5.30 pm for 6.00 pm - Club York, Sydney and Zoom. The legendary Keith Goode will present a double header talk - "Reading Old Mineworkings", and, "Practical Epithermals". You can register via this link: us02web.zoom.us/meeting/regi…

$TOR drilling targeting extensions to the HHH deposit (73koz at 2.0g/t Au Inferred MRE) has generated high-grade mineralisation (incl. 11m @ 456g/t Au from 122m) from a separate domain associated with the same structural system as HHH - representing a strong follow-up target.

Encouraging results from @AurekaLimited's Comstock deposit - with gold intersected in both the Comstock and Walkers lines of reef. $AKA has lodged a production licence application and secured a binding toll mill partnership with Core Prospecting to access its Wedderburn facility.

Debt, yield, dollar – have coalesced in the market’s mind and resulted in a resurgence of gold buying, with prices hitting a high of $4,689 in Friday trade, their highest level since May. Debt is raising risk, steepening yield curves, and undermining confidence in currencies.

The rapid accumulation of federal debt in the US, in addition to higher interest rates on that debt (relative to longer-term rates that existed just a few years ago), has pushed up the federal government’s cost of borrowing. Little wonder investors are buying even more #gold.

Historically, #gold struggles when real interest rates rise – with the 10-year treasury yield near the top of its 3-year range at 2.5%-2.7%. Conversely though, gold is rising – with investors/central banks using gold’s recent pullback below $4,000 as a strong buying opportunity.

Recently flown high-resolution drone magnetics at @KingRiverASX's Mindoolah Gold Project in WA have revealed multiple new high-priority targets - including structural corridors that extend beyond historical mining - demostrating potential for an extensive, high-grade gold system.

As nations aim to reduce their energy risk exposure, China is building the world’s only large-scale coal-to-#gas (CTG) industry as a strategic buffer against supply shocks. The key is cheap #coal, which flows into low delivered gas prices, which are lower than LNG import prices.