Giant gold miner eager to keep $38b Australian mega-deal alive

Aureka is drilling its newly acquired and cash-producing Vic gold mine, chasing bonanza grades while building an integrated gold business around a strategic processing mill.

Lindian Resources says its Malawian rare earths project is unaffected by local export rules, with first production from its Kangankunde project on track for Q4 2026.

PLC Resources has wrapped up drilling at its WA Rochefort gold prospect, hitting a geological sweet spot of sheared, sulphide-bearing dolerites, with assays pending.

Forrestania Resources has bolstered its WA gold inventory, tabling a new 285,700-ounce resource for its Ladies project and lifting high-confidence ounces by 43 per cent.

Anthropic’s IPO prospectus reveals it lost $US42 billion last year and is dangerously reliant on two big customers and its own rivals as it plans the biggest sharemarket float in history.

Cheaper models and soaring fuel prices have supercharged Australia’s electric vehicle sales and triggered a decisive tipping point for the industry.

The US president shot down the idea of new regulations for AI, but signed an accord with top tech executives setting a “morally binding” set of voluntary safety commitments.

In the prospectus for its $US2 trillion sharemarket float, the company uses 80 pages to outline its AI models’ dangers, including unpredictable behaviours such as attempts to “resist shutdown” and “conceal or manipulate information.”

I’m far from the only one delaying treatment. Like my wisdom tooth, though, the cost of keeping dental care unaffordable will probably only grow.

Artificial intelligence could wipe us all out. Or it might just kill our unwanted subscriptions. Those are the scenarios sharemarkets have swung between over the past two weeks.

The Australian market was initially down in the mid-afternoon, when the central bank flagged it was willing to inflict more pain on home owners if needed.

Rio2 Ltd has resumed gold production ramp-up at its Fenix Gold mine in Chile after winter storms halted progress, with commercial production still on track for the fourth quarter.