Happy Friday, apes! 🦍

Here's what moved the needle this week: Enbridge kept the plumbing money flowing, Alaska delivered one of the fattest drill hits of the year, a Colombian porphyry proved its model at depth, and the regulatory green lights kept lighting up.

Six trading days, five headlines that mattered, and enough deal flow to keep the energy and mining desks busy through next week. Here are the top 5 stories your readers engaged with most.

📊 The Top 5

1. Enbridge Bulks Up on Permian Pipe, and a Battery Maker Bets on Wildcatting

Engagement: 69.7% open rate

Enbridge agreed to buy Salt Creek Midstream's crude oil gathering business for US$600 million cash: 100% of the Orla and Wink North systems and half of Delaware Crossing. That's roughly 500 miles of Permian gathering pipe with 420,000 barrels a day of capacity, tying directly into Enbridge's Ingleside Energy Center, the largest crude export terminal in the US.

The deal is immediately accretive and sits alongside an earlier placement where Enbridge brought KKR and Apollo into its BC gas expansion—same company, genuinely different assets, and the freshest energy consolidation story of the week.

2. A $21,000-a-Metre Bonanza Hits Alaska, and Enbridge Recruits KKR for Its BC Gas Line

Engagement: 60.61% open rate

Freegold Ventures drilled one of the fattest bonanza intercepts of the year at its Golden Summit project outside Fairbanks: Hole GS2638 returned 143.7 metres at 3.59 g/t gold from 758 metres depth, including a jaw-dropping 3.0 metres at 141.3 g/t gold.

A bonanza core inside an already 29-million-ounce system is exactly the kind of hit that de-risks the PFS math. Six rigs are turning right now, and Golden Summit remains one of the most de-risked gold resources in the pipeline.

3. Agnico Eagle Buys Into a Quebec Junior's Board, and Shell's ARC Deal Clears Its Last Hurdle

Engagement: 60.61% open rate

Agnico Eagle signed on to buy 53.42 million units of Radisson Mining Resources at C$1.07 a unit for C$57.2 million total. Once it closes around September 2, Agnico will hold about 10.5% of Radisson on a non-diluted basis, nearly 15% fully diluted, plus a board nomination right and a top-up right to protect the stake from future dilution.

Radisson's O'Brien gold project in Quebec's Abitibi greenstone belt is a past-producing mine turned exploration story that's been generating drill results good enough to get a senior's attention. Canada's biggest gold miner doesn't write eight-figure cheques into juniors for the fun of it.

4. Washington Bets $1.1 Billion on US Copper, and Oil Shrugs Off the "Toughest Sanctions Ever"

Engagement: 59.38% open rate

The US Export-Import Bank issued a Preliminary Project Letter for up to $1.1 billion in debt financing for Ivanhoe Electric's Santa Cruz copper project in Arizona, a full third bigger than the $825 million letter of interest EXIM floated back in April 2025.

Trump publicly backed the project at an Aug. 7 State Department mining roundtable, and Santa Cruz has become a poster child for the critical-minerals push: a leach and SX-EW build with no smelter needed, targeting 72,000 tonnes of copper a year. It could be one of the first major new US copper mines built in roughly 20 years.

5. A $900M Pipeline Unlocks Argentine LNG, and a Colombian Porphyry Just Got Deeper

Engagement: 42.42% open rate

YPF, Golar LNG, Harbour Energy, Pampa Energia, and Pan American Energy locked in a $900 million, seven-year project-finance loan for the San Matias Pipeline—a 472-kilometre, 36-inch line running Vaca Muerta gas to Argentina's Atlantic coast.

The pipe feeds two floating LNG plants, Hilli Episeyo starting in 2027 and Esperanza in 2028, for a combined 6 million tonnes a year, marking Argentina's return to large-scale LNG exports. Construction starts this month and wraps mid-2028, on a total project cost of about $1.3 billion. This is the actual midstream FID story of the week, financed and moving.

Also this week: Copper Giant Resources proved out its Mocoa copper-molybdenum porphyry in two directions at once, with Hole MD-070 returning 771 continuous metres at 0.54% copper equivalent, including a 102-metre higher-grade core at 0.87% CuEq.

Keep your grades high, your dilution low.

— Trent

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