West Coast Silver (ASX: WCE) Technical Director Sergei Smolonogov took the stage last week at RIU Sydney Resources Roundup, outlining the pathway to bring the ultra-high-grade Elizabeth Hill Silver Project back into production.
Key highlights:
•1.2 million ounces historically mined from 1999 to 2000 at over 2,000 g/t silver
•WCE Maiden resource of 2.8 million ounces at 617 g/t
•Strategic location near Karratha with existing infrastructure
•6,000+ metres of drilling underway, first results imminent
•Scoping study targeted for end of 2026
Watch the full presentation: https://t.co/E5xr5BuiYZ
#ASX #WSC #Silver #ElizabethHill #WestCoastSilver #Mining
Strong data point demonstrating robust demand for #spodumene - $1,000 price floor with no capped upside PLUS $100M interest-free pre-pay for the off-take.
Well done @henderson_dale@pls_global
$PLS
Analysts including @Bell_Potter and Barrenjoey have lifted their #lithium spodumene forecasts following the recent spike to ~$2,000/t CIF, reports @MiningOnline.
Barrenjoey is forecasting SC6 price to surge to $3250/t in 2026 and $2325/t in 2027. 📈
https://t.co/Dvwv6T86q2
This is what “fuck around and find out” looks like.
A systemically important bank blew up in the silver futures market after failing a margin call.
The exchange liquidated them.
The Fed rushed in with $34B overnight, on top of $17B days earlier, just to keep the system from snapping.
Translation for normal people:
They bet silver wouldn’t rise.
Silver ripped.
They couldn’t pay.
The house forced liquidation.
The Fed hit the panic button.
This wasn’t retail.
This wasn’t Reddit.
This was leverage, arrogance, and paper promises colliding with reality.
Silver doesn’t move 10% in a day unless something breaks.
And something just did.
@SamWatmough@AlienMetals@wcsilver_ Owning 10% of a minor isn't a great deal. They could have pushed for a cash rich major. We gave away the biggest asset we had, for peanuts
🇪🇺Unpunished crimes only encourage new atrocities.
❌The European Union’s long-standing tolerance of Turkey’s military occupation of EU territory in Cyprus exposes a profound institutional failure-one that severely undermines the EU’s credibility as a guardian of sovereignty, international law, and even its own territorial integrity.
❌Despite Cyprus being a full EU member state since 2004, approximately 37% of its territory remains under Turkish military control following the 1974 invasion - an act widely recognized as an illegal act of aggression and in violation of international law, including the UN Charter and various Security Council resolutions.
❌This situation, now persisting for 51 years without meaningful consequences for Turkey, not only sets a dangerous precedent for global accountability but also reveals the EU’s reluctance to enforce its core principles when geopolitical interests collide with principles.
❌ Maintaining diplomatic cooperation and political dialogue with Turkey while EU territory remains occupied amounts to a strategic capitulation that rewards aggression, erodes the Union’s deterrence power, and normalizes aggression as a viable policy tool.
❌ Upon joining, Cyprus’s entire recognised territory became EU soil, subject to the union’s collective protections under treaties like the Treaty on European Union, which emphasizes solidarity, the rule of law, and respect for territorial integrity (Article 2).
❌Allowing an external power like Turkey to maintain occupation troops and administrative control over what is legally EU land is tantamount to accepting a de facto partition within the union’s borders. This is not a historical artifact but an ongoing infringement that challenges the EU’s foundational promise of indivisibility.
❌ The argument that the occupation predates Cyprus’s EU accession is no excuse; military aggression is never acceptable, and an EU that truly stands for sovereignty, the rule of law, and territorial integrity cannot ignore an ongoing act of aggression-regardless of when it began.
❌ By tolerating Turkey’s occupation of Cyprus without consequences, the EU signaled that prolonged violations of sovereignty could be absorbed without real cost - a message that emboldened other aggressors.
❌ By failing to hold Turkey accountable, the EU betrays its own member states, erodes its own credibility, and sets a dangerous precedent: aggression against its members can endure without consequence. True strength demands uncompromising action, not endless accommodation.