Happy Friday, apes! 🦍
Here's what moved the needle this week:
A northwestern Ontario junior proved its high-grade zone runs deep.
A Peruvian miner went shopping in Sudbury; a 972 g/t hit turned heads out of Victoria.
Eldorado studied a bigger mill.
Argentina's LNG pipeline finally found its financing.
Five trading days, five headlines your readers actually opened. Here's the Top 5, ranked by open rate.
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📊 The Top 5
1. Dryden Gold Doubles Down at Depth, and SLB Writes a $3.4 Billion Check for AI's Cooling Problem
Engagement: 60.61% open rate
Dryden Gold extended its high-grade zone to 330 metres depth, proving the northwestern Ontario system carries beyond the surface.
In the same edition, gold miners posted their best August since 1994, and SLB bought Kelvion for $3.4 billion to build out AI data center cooling: oilfield services money chasing a very different kind of well.
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2. A Peruvian Miner Buys a Fifth of Magna Mining, and ONEOK Grabs $4.4 Billion of Permian Pipe Without Selling a Share
Engagement: 57.58% open rate
Alpayana bought roughly 20% of Magna Mining in a $140 million deal, its first move into Sudbury after a run of Peruvian and now Canadian shopping.
The same edition covered a maiden Swedish drill program that hit gold in every hole, and ONEOK's $9 billion Apollo-backed Permian pipe deal that skipped new share issuance entirely.
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3. Southern Cross Gold Hits 972 g/t at Depth, and Chevron Bets $7 Billion on Venezuela
Engagement: 51.52% open rate
Southern Cross Gold posted a 972 g/t gold hit at depth on its antimony-gold system, one of the fatter grades to cross the desk this year.
Chevron's $7 billion Venezuela wager carried the energy half, alongside a cobalt refinery poaching a trading vet and antimony's price going full moonshot.
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4. Eldorado Gold Studies a Bigger Mill, and Shell Officially Owns All of ARC Resources
Engagement: 51.52% open rate
Eldorado Gold moved forward on a mill expansion study, and Shell's long-running ARC Resources takeover finally closed, putting the deal fully in the rearview after clearing its last regulatory hurdle earlier in the week.
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5. A $900M Pipeline Unlocks Argentine LNG, and a Colombian Porphyry Just Got Deeper
Engagement: 51.52% open rate
YPF, Golar LNG, Harbour Energy, Pampa Energia, and Pan American Energy locked in a $900 million project-finance loan for the San Matias Pipeline, marking Argentina's return to large-scale LNG exports.
The same edition covered a Colombian copper porphyry proving out at depth and Ovintiv's quiet land spree.
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Keep your grades high, your dilution low.
— Trent