Aurum Resources Ltd (ASX:AUE) has delivered a pre-feasibility study (PFS) and maiden ore reserve for its Boundiali Gold Project in Côte d'Ivoire, outlining a large-scale open pit development with a projected 11-year mine life and first gold targeted in the first half of 2028.
The maiden probable ore reserve stands at 42.1 million tonnes grading 0.9 g/t gold for 1.21 million ounces from four deposits, representing a 77% conversion of indicated mineral resources into reserves. The reserve underpins a life-of-mine mining inventory of 66.2 million tonnes at 0.82 g/t gold for 1.7 million ounces and forecast production of 1.5 million ounces over 11 years. Aurum expects the first five years to deliver 923,000 ounces, averaging 185,000 ounces annually, with 201,000 ounces produced in the first year.
Anthropic's confidential IPO filing arrived just days before the company unveiled a new generation of Claude models that many developers describe as another significant leap in artificial intelligence capability.
The two developments highlight how quickly the AI industry is evolving.
Defence technology company BORESIGHT LTD (ASX:BST) made a strong debut on the ASX on Wednesday, with its shares surging as much as 90% after completing an $8 million initial public offering.
The Canberra-based company listed at 20 cents per share, valuing the business at approximately $41.8 million. The IPO was backed by Regal Funds Management, along with several Australian family offices and high-net-worth investors.
Alicanto Minerals Ltd (ASX:AQI), which is set to be renamed Sinclair Gold Ltd, has secured firm commitments for a strongly supported A$30 million institutional placement to fund an expanded drilling campaign at its Mt Henry Gold Project in Western Australia.
The placement attracted support from existing shareholders as well as several new global resource-focused institutional funds, with demand exceeding the amount sought. The company said the capital raising would strengthen its balance sheet and support an aggressive strategy aimed at growing the existing 915,000-ounce gold resource at Mt Henry.
Viking Mines Ltd (ASX:VKA) has achieved a significant improvement in metallurgical recovery at its Linka Tungsten Project in Nevada, USA, with combined gravity and flotation testwork delivering a 76.0% recovery rate while maintaining a concentrate grade of 56.9% WO₃. The result exceeds the company's previously stated target of achieving more than 70% recovery at grades above 50% WO₃ and represents a 1.27-fold improvement on the 59.8% recovery reported less than two weeks earlier.
Peako Ltd (ASX:PKO) has agreed to acquire a 100% interest in a portfolio of gold exploration projects in Saudi Arabia, in a strategic shift into one of the world's newest gold exploration frontiers.
The binding agreement covers 10 exploration licences across six project areas spanning 862 square kilometres in the Central Arabian Gold Region, an underexplored district that hosts several operating gold mines and multi-million-ounce deposits. The acquisition will be accompanied by a $5.17 million capital raising to fund exploration and growth initiatives.
Impact Minerals Limited (ASX:IPT)'s joint venture partner Kuniko Ltd has secured a drill rig and will begin Phase 2 diamond drilling in early July at the Commonwealth–Silica Hill Gold–Silver Project in central New South Wales, with the program designed to build on recent high-grade gold and silver discoveries and support a mineral resource estimate upgrade later this year.
Under the earn-in and joint venture agreement, Kuniko can earn up to a 70% interest in the project by funding exploration, while Impact retains a free-carried 30% interest through to a decision to mine.
Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) has restarted drilling at its flagship Dynasty Gold Project in southern Ecuador after trenching identified new areas of shallow gold-silver mineralisation outside the current resource footprint at the Cerro Verde prospect.
The company said three diamond rigs are now operating across the project, targeting both resource extensions and new exploration targets following the March 2026 mineral resource update that lifted Dynasty to 3.9 million ounces of gold and 26.1 million ounces of silver.
Askari Metals Ltd (ASX:AS2, FRA:7ZG) has reported strong trenching results from the K9 pegmatite target at its 100%-owned Uis Project in Namibia, confirming extensive polymetallic mineralisation and strengthening plans for drilling later this year.
The Phase 1 trenching program returned encouraging grades of tin, lithium, tantalum, rubidium and caesium across a mineralised system extending about 950 metres along strike, with the company describing K9 as an emerging polymetallic target within the broader Uis critical minerals project.
Pilbara Gold Ltd (ASX:PGL) has strengthened its board and management team with a series of key appointments aimed at supporting the development of its 2.1-million-ounce Mt York Gold Project in Western Australia.
The changes include the appointment of mining engineer Martin Reed as a non-executive director, metallurgist and project manager Jeff Bowen as study manager, and the transition of Robert Klug into a full-time executive role as chief legal and financial officer.