Critical Resources Ltd (ASX:CRR) has expanded its position around the Red Hat (NYSE:RHT) gold target within the 100%-owned Mavis Lake Project in Ontario, Canada, staking two additional mining claim cells covering about 40 hectares.
The new claims sit along strike from the Red Hat gold showing and are interpreted to contain historical drill hole RH11-03, which historical records report intersected 9.174 g/t gold over 1.2 metres from 133.8 metres.
Etched has raised US$700 million at a US$21 billion valuation as the artificial intelligence chip start-up begins shipping its inference hardware to customers, stepping up its bid to challenge Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) in one of the fastest-growing areas of AI computing.
The latest financing was led by quantitative trading firm Jane Street, with participation from Kleiner Perkins, Sequoia Capital, Andreessen Horowitz, Tiger Global, Bain Capital Ventures, Neo, Primary, Stripes, Positive Sum and Blackstone.
Noble Helium Ltd (ASX:NHE, OTC:NBHEF) has completed key site infrastructure at its Kinambo prospect in Tanzania, clearing the way for mobilisation ahead of the expected spudding of the first well in mid-September.
The company has completed the access road serving the Kinambo-1 and Kinambo-2 well locations, while construction of a 56-person accommodation camp has finished and commissioning is underway. Development of the two well pads is also progressing to schedule.
Copper’s physical market is showing signs of an increasingly severe supply squeeze even as mining equities remain cautious, according to RBC Capital Markets.
Spot copper advanced 4.3% to US$6.73/lb over the week while copper equities fell 2.6%, widening the disconnect between the commodity and producers.
Google has won a bankruptcy auction for a large collection of Spirit Airlines’ internal business data and software, agreeing to pay $10 million for assets it plans to use in product development and artificial intelligence training. The transaction remains subject to approval by a US bankruptcy judge.
The data includes employee emails, Microsoft Teams messages, spreadsheets, calendars and information covering areas such as marketing, productivity and airline operations. Court filings indicate the package contains around 100 million emails and 500 million Teams messages.
BHP Group Ltd (LSE:BHP, ASX:BHP) has reported a 9% increase in full-year attributable profit to US$9.83 billion, with stronger copper prices lifting earnings and making copper the group’s largest contributor to underlying EBITDA.
Revenue for the year to 30 June 2026 increased 15% to US$58.8 billion, while underlying attributable profit rose 30% to US$13.2 billion. Underlying EBITDA climbed 27% to around US$33 billion.
CSL Limited (ASX:CSL) investors shrugged off the company’s hefty loss, instead focusing on stronger-than-expected FY27 earnings guidance, while Brookfield’s improved bid has put Reliance back in the spotlight.
CSL shares jumped 15% to $154.43 in the opening minutes of trade. By midday, shares were 16.71% higher.
Reliance Worldwide Corporation (ASX:RWC) shares surged 22% to $4.42 after the plumbing products group confirmed it had signed a process deed with Brookfield Capital over an unsolicited takeover proposal worth $4.75 per share.
The latest non-binding, indicative cash offer values Reliance Worldwide at an enterprise value of more than $4 billion, although the proposed price remains above the company’s current share price and has been described by some analysts as appearing low.
Swipejobs has appointed investment banks UBS and Barrenjoey to work on a potential initial public offering (IPO), as the AI-powered jobs matching platform founded by billionaire Katrina Leslie considers a listing or trade sale.
The appointments follow reports in June that Swipejobs had engaged Rothschild to run a dual-track process for the business, which has been valued at more than $1 billion.
Orpheus Uranium Ltd (ASX:ORP, OTC:AGREF) has expanded its Marree Uranium Project in South Australia after being granted three new exploration licences covering a combined 2,735 square kilometres, strengthening its district-scale position in the uranium-rich Lake Eyre Basin.
Exploration licences EL 7144, EL 7145 and EL 7146 were granted to Orpheus’ wholly owned subsidiary Trachre Pty Ltd and complement the company’s existing and recently acquired tenure at Marree.
BRAZILIAN RARE EARTHS LTD (ASX:BRE) has replaced its previous Rocha da Rocha production and economic case with a standalone Monte Alto and Camaçari development scenario, outlining an after-tax net present value (NPV8) of US$6 billion, 90% internal rate of return and 1.1-year payback period.
The revised Scoping Study excludes the Sulista Project entirely after BRE withdrew the production target and financial forecasts released on August 13 because the proportion of Inferred Mineral Resources scheduled in years 9-14 did not provide a reasonable basis for those forward-looking statements. The underlying Monte Alto and Sulista mineral resource estimates remain unchanged.
Xenitra Ltd (ASX:XEN) has expanded its healthcare business into specialised medical nutrition through a 3-year framework purchase agreement targeting A$5 million of Food for Special Medical Purposes (FSMP) products.
The agreement, signed by recently acquired subsidiary Hong Kong Fukang Trade Limited with Joy Charm Limited, will run from August 12, 2026, to August 12, 2029.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) is backing a massive new artificial intelligence infrastructure project in Ohio that will give OpenAI access to around 8 gigawatts of computing capacity.
The PORTS-Pike Technology Campus in Pike County will be developed, owned and operated by SoftBank-backed SB Energy, with OpenAI leasing the facilities under a 20-year agreement. The project will be built partly on land associated with the former Portsmouth Gaseous Diffusion Plant.
Kingfisher Mining Ltd (ASX:KFM) has confirmed high-grade lead-zinc-silver mineralisation at the Allendale Project near Broken Hill, with recent reverse circulation drilling returning grades of up to 10.37% combined lead and zinc alongside 23.2 g/t silver.
The 9-hole, 802-metre drilling program tested extensions to historically defined mineralisation at Allendale, which is 75%-owned by Kingfisher and 25%-owned by Broken Hill Mines.
The standout result came from hole 26ADRC_052, which intersected:
Astral Resources NL (ASX:AAR) has secured a Land Use Agreement (LUA) with the Marlinyu Ghoorlie Native Title Claimant Group covering the Mandilla Gold Project and recently acquired Spargoville tenements, clearing an important pathway as the company advances a definitive feasibility study (DFS) for Mandilla.
The agreement, executed through wholly owned subsidiary Mandilla Gold Pty Ltd, establishes protocols for heritage surveys, protection of identified sites and clearance procedures to support future mining activities.
SCX.ai is set to make its ASX debut on Friday, 21 August, giving investors exposure to Australia's developing sovereign AI infrastructure sector. The company is aiming to raise $40 million at $0.30 per share, implying a market capitalisation of approximately $75 million on listing.
The AI infrastructure company provides secure, Australian-based AI inference infrastructure through a vertically integrated platform combining purpose-built AI hardware, local data centres and proprietary software.