Asimwe Kabunga

A Tanzanian-born Australian Entrepreneur, Founder of Lindian Resources $LIN.ax (Current Form), Chair of Volt Resources $VRC.ax & RMI $RMI.ax, Mining & IT Leader

[Asimwe Kabunga @asimwe]

𝐒𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 $𝟑.𝟓𝐌 𝐅𝐮𝐧𝐝𝐫𝐚𝐢𝐬𝐞 𝐭𝐨 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞 𝐃𝐫𝐢𝐥𝐥𝐢𝐧𝐠 𝐢𝐧 𝐓𝐚𝐧𝐳𝐚𝐧𝐢𝐚 𝐚𝐧𝐝 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚

I am pleased to share that 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞 𝐌𝐢𝐧𝐞𝐫𝐚𝐥𝐬 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐋𝐭𝐝 (ASX:RMI @ResMin_RMI $RMI.ax ) has received firm commitments to raise $3.5 million through a strongly supported placement.

This funding marks a clear transition from target definition to active drilling.

We are now fully funded to commence a 5,000 metre drill program next month at the highly prospective Mpanda Copper-Gold project in Tanzania.

𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

• 𝐒𝐭𝐫𝐨𝐧𝐠 𝐒𝐮𝐩𝐩𝐨𝐫𝐭: $3.5M raised from existing shareholders and new sophisticated investors
• 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫 𝐀𝐥𝐢𝐠𝐧𝐦𝐞𝐧𝐭: $600K participation from Directors, including my $500K commitment
• 𝐓𝐚𝐧𝐳𝐚𝐧𝐢𝐚 𝐃𝐫𝐢𝐥𝐥𝐢𝐧𝐠: RC program targeting Kabatini, Ibindi, and Kabungu commencing in June
• 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚: Drilling planned across Shaib Marqan and Wadi Salamah from the September quarter

𝐀𝐬𝐢𝐦𝐰𝐞 𝐊𝐚𝐛𝐮𝐧𝐠𝐚, 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐂𝐡𝐚𝐢𝐫𝐦𝐚𝐧:

“RMI has an active exploration program from June through to year end, commencing with a 5,000 metre drill program at our Mpanda Copper-Gold project. We have every confidence in these drill-ready targets and are well positioned to deliver value for shareholders.”

𝐖𝐡𝐚𝐭’𝐬 𝐍𝐞𝐱𝐭?

• Tanzania drilling commences in June
• Saudi drilling to follow in Q3
• Continuous exploration activity through 2026

Our teams are mobilising.
Our targets are defined.
We are now in execution mode.

𝐅𝐮𝐥𝐥 𝐀𝐒𝐗 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 𝐀𝐭𝐭𝐚𝐜𝐡𝐞𝐝.

⸻

𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞 𝐌𝐢𝐧𝐞𝐫𝐚𝐥𝐬 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐋𝐭𝐝 (ASX:RMI) @ResMin_RMI $RMI.ax
𝐕𝐨𝐥𝐭 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 (ASX:VRC) @asxvolt $VRC.ax
𝐋𝐢𝐧𝐝𝐢𝐚𝐧 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐋𝐭𝐝 (ASX:LIN)
@ASXLindian $LIN.ax

𝐄𝐫𝐢𝐭𝐲 𝐏𝐭𝐲 𝐋𝐭𝐝 @ErityLtd

[Asimwe Kabunga @asimwe]

𝗪𝗮𝗱𝗶 𝗦𝗮𝗹𝗮𝗺𝗮𝗵: 𝗧𝗵𝗲 𝗡𝗲𝘅𝘁 𝗖𝗵𝗮𝗽𝘁𝗲𝗿 𝗶𝗻 𝗢𝘂𝗿 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮𝗻 𝗦𝘁𝗼𝗿𝘆!

I am pleased to share that 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲 𝗠𝗶𝗻𝗲𝗿𝗮𝗹𝘀 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗟𝘁𝗱 (𝗔𝗦𝗫:𝗥𝗠𝗜 @ResMin_RMI $RMI.ax) has completed an extensive high-resolution ground magnetic survey at 𝘁𝗵𝗲 𝗪𝗮𝗱𝗶 𝗦𝗮𝗹𝗮𝗺𝗮𝗵 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗶𝗻 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮. 

Following the successful identification of targets at our Shaib Marqan project (which you can read about in my previous post) these results from 𝗪𝗮𝗱𝗶 𝗦𝗮𝗹𝗮𝗺𝗮𝗵 further validate our strategy of targeting high-value structural and magmatic corridors within the Arabian Shield. By identifying massive magnetic anomalies and a complex network of regional fault structures, we have successfully moved from regional-scale exploration to defined, high-priority targets. 

𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

• 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: 1,010 line-km of high-resolution ground magnetic data were collected over the ~100 km² project area. 

• 𝗠𝗮𝘀𝘀𝗶𝘃𝗲 𝗦𝗰𝗮𝗹𝗲: Two deep-seated magnetic anomalies (H1 and H2) identified in the northern sector, covering approximately ~ 16 km². 

• 𝗧𝗶𝗲𝗿-𝟭 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹: Anomalies are interpreted as large-scale intrusive bodies prospective for 𝗣𝗼𝗿𝗽𝗵𝘆𝗿𝘆 𝗖𝗼𝗽𝗽𝗲𝗿-𝗠𝗼𝗹𝘆𝗯𝗱𝗲𝗻𝘂𝗺 (𝗖𝘂-𝗠𝗼) mineralisation. 

• 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗮𝗹 𝗖𝗼𝗻𝗳𝗶𝗿𝗺𝗮𝘁𝗶𝗼𝗻: Six major regional fault structures (F1 to F6) identified, associated with the prolific Najd Fault System. 

• 𝗣𝗿𝗼𝘃𝗲𝗻 𝗖𝗼𝗿𝗿𝗲𝗹𝗮𝘁𝗶𝗼𝗻: Surface sampling confirms high-grade mineralization with peak results of 𝟭𝟬.𝟲𝟲 𝗴/𝘁 𝗔𝘂 (Gold) and 𝟭𝟯.𝟵𝟱 𝗴/𝘁 𝗔𝗴 (Silver). 

𝗔𝘀𝗶𝗺𝘄𝗲 𝗞𝗮𝗯𝘂𝗻𝗴𝗮, 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗖𝗵𝗮𝗶𝗿𝗺𝗮𝗻, 𝗖𝗼𝗺𝗺𝗲𝗻𝘁𝗲𝗱:
"The magnetic data from Wadi Salamah is exceptional. The scale of the H1 and H2 anomalies suggests we are looking at a very large magmatic system. When you combine this with the high-grade gold samples already recovered, Wadi Salamah presents another highly compelling exploration asset that we intend to aggressively explore". 

𝗪𝗵𝗮𝘁’𝘀 𝗡𝗲𝘅𝘁?
Our team is now finalizing a 𝟱,𝟬𝟬𝟬 𝗺𝗲𝘁𝗿𝗲 𝗱𝗶𝗮𝗺𝗼𝗻𝗱 𝗮𝗻𝗱 𝗥𝗖 𝗱𝗿𝗶𝗹𝗹𝗶𝗻𝗴 𝗽𝗿𝗼𝗴𝗿𝗮𝗺 designed to test depth extensions and the core of the copper-molybdenum targets. 
We remain committed to building a long-term business based on mineral development delivering consistent shareholder value. 

𝘍𝘶𝘭𝘭 𝘈𝘚𝘟 𝘳𝘦𝘭𝘦𝘢𝘴𝘦 𝘢𝘵𝘵𝘢𝘤𝘩𝘦𝘥.

...

𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲 𝗠𝗶𝗻𝗲𝗿𝗮𝗹𝘀 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗟𝘁𝗱 𝗔𝗦𝗫:𝗥𝗠𝗜 @ResMin_RMI $RMI.ax
𝗩𝗼𝗹𝘁 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 𝗔𝗦𝗫:𝗩𝗥𝗖 @asxvolt $VRC.ax
𝗟𝗶𝗻𝗱𝗶𝗮𝗻 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 𝗔𝗦𝗫:𝗟𝗜𝗡 @ASXLindian $LIN.ax

𝗘𝗿𝗶𝘁𝘆 𝗣𝘁𝘆 𝗟𝘁𝗱 @ErityLtd

[Asimwe Kabunga @asimwe]

E𝘅𝗰𝗶𝘁𝗶𝗻𝗴 E𝘅𝗽𝗹𝗼𝗿𝗮𝘁𝗶𝗼𝗻 M𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 𝗮𝘁 S𝗵𝗮𝗶𝗯 M𝗮𝗿𝗾𝗮𝗻!
I am pleased to share that R𝗲𝘀𝗼𝘂𝗿𝗰𝗲 M𝗶𝗻𝗲𝗿𝗮𝗹𝘀 I𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 L𝘁𝗱 (ASX:RMI @ResMin_RMI $RMI.ax) has completed a high-resolution ground magnetic survey at the S𝗵𝗮𝗶𝗯 M𝗮𝗿𝗾𝗮𝗻 P𝗿𝗼𝗷𝗲𝗰𝘁 in Saudi Arabia.

The data from this survey represents a significant step in advancing our Saudi Arabian portfolio. By identifying seven major fault systems and multiple structural corridors, we have successfully moved from regional-scale exploration to defined, high-priority targets.

K𝗲𝘆 H𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:
* D𝗲𝘁𝗮𝗶𝗹𝗲𝗱 I𝗻𝘀𝗶𝗴𝗵𝘁𝘀: 932 line kilometres of high-resolution data were collected over an area of 91.88 km².
* T𝗮𝗿𝗴𝗲𝘁𝗲𝗱 E𝘅𝗽𝗹𝗼𝗿𝗮𝘁𝗶𝗼𝗻: Four priority target zones (Z1 to Z4) have been defined for immediate follow-up work.
* P𝗿𝗼𝘃𝗲𝗻 C𝗼𝗿𝗿𝗲𝗹𝗮𝘁𝗶𝗼𝗻: We are seeing a strong spatial correlation between magnetic anomalies and previous high-grade surface results of up to 40.35 g/t Au.
* S𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗮𝗹 C𝗼𝗻𝗳𝗶𝗿𝗺𝗮𝘁𝗶𝗼𝗻: The survey provides a critical framework for defining structural controls and priority drill targets within the Arabian Shield.

A𝘀𝗶𝗺𝘄𝗲 K𝗮𝗯𝘂𝗻𝗴𝗮, E𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 C𝗵𝗮𝗶𝗿𝗺𝗮𝗻, C𝗼𝗺𝗺𝗲𝗻𝘁𝗲𝗱:
"This survey provides a clear framework to guide our next phase of work as we focus on advancing these targets through field validation and drilling. Particularly encouraging is the clear spatial association between magnetic anomaly boundaries and the high-grade surface results previously reported."

W𝗵𝗮𝘁’𝘀 N𝗲𝘅𝘁?
Our team is planning to commence a rock chip sampling program shortly at the newly defined targets. This field work, starting in Q2, will lead into a planned first-phase 𝟱,𝟬𝟬𝟬 𝗺𝗲𝘁𝗿𝗲 𝗱𝗿𝗶𝗹𝗹 𝗽𝗿𝗼𝗴𝗿𝗮𝗺 anticipated for Q3 2026.
We remain committed to building a long-term business based on mineral development and delivering consistent shareholder value.

ASX release attached.
...
R𝗲𝘀𝗼𝘂𝗿𝗰𝗲 M𝗶𝗻𝗲𝗿𝗮𝗹𝘀 I𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 L𝘁𝗱 ASX:RMI @ResMin_RMI $RMI.ax
V𝗼𝗹𝘁 R𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 L𝗶𝗺𝗶𝘁𝗲𝗱 ASX:VRC @asxvolt $VRC.ax
L𝗶𝗻𝗱𝗶𝗮𝗻 R𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 L𝗶𝗺𝗶𝘁𝗲𝗱 ASX:LIN @ASXLindian $LIN.ax

E𝗿𝗶𝘁𝘆 P𝘁𝘆 L𝘁𝗱 @ErityLtd

[Asimwe Kabunga @asimwe]

𝗧𝗶𝗺𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝘃𝘀. 𝗧𝗶𝗺𝗶𝗻𝗴 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁
𝘔𝘪𝘴𝘴 𝘵𝘩𝘦 10 𝘉𝘦𝘴𝘵 𝘋𝘢𝘺𝘴, 𝘓𝘰𝘴𝘦 𝘏𝘢𝘭𝘧 𝘠𝘰𝘶𝘳 𝘙𝘦𝘵𝘶𝘳𝘯𝘴

Speed distorts perspective. In a world of 24/7 noise, @BlackRock CEO 𝗟𝗮𝗿𝗿𝘆 𝗙𝗶𝗻𝗸 reminds us of a staggering reality: every $1 invested in the S&P 500 over the last two decades grew 𝟴𝘅.

If you missed just the 𝟭𝟬 𝗯𝗲𝘀𝘁 𝗱𝗮𝘆𝘀 in that 20-year period, you would have earned 𝗹𝗲𝘀𝘀 𝘁𝗵𝗮𝗻 𝗵𝗮𝗹𝗳 of those returns.

In a "fracturing" global economy, the danger is focusing so much on daily noise that we forget what actually matters. The "𝗡𝗼𝗿𝘁𝗵 𝗦𝘁𝗮𝗿" should always be long-term participation.

𝗖𝗼𝗻𝘃𝗶𝗰𝘁𝗶𝗼𝗻 𝗶𝘀 𝘁𝗵𝗲 𝗿𝗲𝗮𝗹 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆. By staying invested through unsettling headlines, we help finance the companies and infrastructure that bridge the gap of economic anxiety.

𝗛𝗼𝘄 𝗱𝗼 𝘆𝗼𝘂 𝗳𝗶𝗹𝘁𝗲𝗿 𝗼𝘂𝘁 𝘁𝗵𝗲 𝗻𝗼𝗶𝘀𝗲?

𝘐𝘮𝘢𝘨𝘦 𝘊𝘳𝘦𝘥𝘪𝘵: 𝘋𝘢𝘷𝘪𝘥 𝘙𝘰𝘸𝘦 / 𝘛𝘩𝘦 𝘈𝘶𝘴𝘵𝘳𝘢𝘭𝘪𝘢𝘯 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘙𝘦𝘷𝘪𝘦𝘸
𝘋𝘪𝘴𝘤𝘭𝘢𝘪𝘮𝘦𝘳: 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘢 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭 𝘰𝘱𝘪𝘯𝘪𝘰𝘯, 𝘯𝘰𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦.

……
Resource Minerals International Ltd ASX:RMI @ResMin_RMI $RMI.ax
Volt Resources Limited ASX:VRC
@asxvolt $VRC.ax
Lindian Resources Limited ASX:LIN
@ASXLindian $LIN.ax

Erity Pty Ltd @ErityLtd

[Asimwe Kabunga @asimwe]

𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗘𝘅𝗽𝗹𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 𝗮𝘁 𝗠𝗽𝗮𝗻𝗱𝗮!

I am pleased to share that Resource Minerals International Ltd @ResMin_RMI (ASX:RMI) has completed a high-resolution magnetic survey at the Mpanda Copper-Gold Project in Tanzania.

The data from this drone-led survey is a game-changer for our technical team. By correlating structural interpretations with our existing geochemical anomalies, we are gaining significant confidence in our targets across the Kabungu, Ibindi, and Kabatini prospects.

𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

• 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: 914 line kilometres of high-resolution data were collected.
• 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗜𝗱𝗲𝗻𝘁𝗶𝗳𝗶𝗲𝗱: The data highlights potential controls for new discoveries in a nearly unexplored north-easterly corridor.
• 𝗣𝗿𝗼𝘃𝗲𝗻 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹: Previous RC drilling at Kabungu already yielded significant results, including 4m @ 2.5g/t Au and 0.5% Cu.
• 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗮𝗹 𝗖𝗼𝗻𝗳𝗶𝗿𝗺𝗮𝘁𝗶𝗼𝗻: The survey confirms that fault-intersections and shear-splays are highly favourable for Cu-Au mineralisation.

𝘈𝘴𝘪𝘮𝘸𝘦 𝘒𝘢𝘣𝘶𝘯𝘨𝘢, 𝘌𝘹𝘦𝘤𝘶𝘵𝘪𝘷𝘦 𝘊𝘩𝘢𝘪𝘳𝘮𝘢𝘯, 𝘊𝘰𝘮𝘮𝘦𝘯𝘵𝘦𝘥:

“This high-resolution magnetic survey supports our active regional exploration program at Mpanda. The property already hosts multiple high-grade Cu and Au targets, which demonstrate a widespread mineralising system that is substantially underexplored. We intend to vector off the known discoveries to make new discoveries and build on the already significant exploration pipeline at Mpanda.”

𝗪𝗵𝗮𝘁’𝘀 𝗡𝗲𝘅𝘁?

Our field team is remobilising shortly to verify these newly defined targets. This work is all leading up to a major 6,000–10,000 metre AC and RC drilling program planned for Q3 2026.

We are committed to building a long-term business based on mineral development and delivering consistent shareholder value.

𝘈𝘚𝘟 𝘳𝘦𝘭𝘦𝘢𝘴𝘦 𝘢𝘵𝘵𝘢𝘤𝘩𝘦𝘥.

…..
Resource Minerals International Ltd ASX:RMI @ResMin_RMI $RMI.ax
Volt Resources Limited ASX:VRC @asxvolt $VRC.ax
Lindian Resources Limited ASX:LIN @ASXLindian $ https://t.co/axVJ1B4WRe

@ErityLtd

[Asimwe Kabunga @asimwe]

𝐌𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐝: 𝐒𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐇𝐢𝐠𝐡 𝐏𝐮𝐫𝐢𝐭𝐲 𝐆𝐫𝐚𝐩𝐡𝐢𝐭𝐞 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

𝐕𝐨𝐥𝐭 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 (𝐀𝐒𝐗:𝐕𝐑𝐂) @asxvolt is pleased to announce that our 70%-owned 𝐙𝐚𝐯𝐚𝐥𝐢𝐞𝐯𝐬𝐤𝐲 𝐆𝐫𝐚𝐩𝐡𝐢𝐭𝐞 (𝐙𝐆) operation has successfully completed its first high purity graphite (HPG) production campaign of 2026.

This achievement is a testament to the resilience of our team in Ukraine and a major step forward in our global downstream strategy.

𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:
• 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐒𝐮𝐜𝐜𝐞𝐬𝐬: We produced 19.14 tonnes of HPG following the winter shutdown.
• 𝐄𝐱𝐜𝐞𝐩𝐭𝐢𝐨𝐧𝐚𝐥 𝐐𝐮𝐚𝐥𝐢𝐭𝐲: Product purity reached 99.60-99.75% with an 87% yield.
• 𝐅𝐞𝐞𝐝-𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐕𝐚𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧: For the first time, ZG used external flake graphite feed from Africa, proving our purification process is robust and directly supporting the strategy for our planned 𝐀𝐥𝐚𝐛𝐚𝐦𝐚 𝐆𝐫𝐚𝐩𝐡𝐢𝐭𝐞 𝐑𝐞𝐟𝐢𝐧𝐞𝐫𝐲.
• 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲: The HPG has been sold to a 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐛𝐚𝐭𝐭𝐞𝐫𝐲 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫 at US$3,000/t.

𝐖𝐡𝐚𝐭’𝐬 𝐍𝐞𝐱𝐭?
Our focus now expands to the North American market, where we are preparing to fulfill a 20-tonne commercial order and deliver specialized samples to battery and defense sector companies in the United States.

𝐕𝐨𝐥𝐭 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 continues to position itself as a reliable, strategic supplier of critical graphite materials for Western markets.

𝘈𝘚𝘟 𝘳𝘦𝘭𝘦𝘢𝘴𝘦 𝘢𝘵𝘵𝘢𝘤𝘩𝘦𝘥.

……
Resource Minerals International Ltd ASX:RMI @ResMin_RMI $RMI.ax
Volt Resources Limited ASX:VRC
@asxvolt $VRC.ax
Lindian Resources Limited ASX:LIN
@ASXLindian $LIN.ax

@ErityLtd Erity Pty Ltd

[Asimwe Kabunga @asimwe]

𝗔 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗦𝗵𝗶𝗳𝘁 𝘁𝗼 𝗗𝗼𝘄𝗻𝘀𝘁𝗿𝗲𝗮𝗺 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻: 𝗟𝗶𝗻𝗱𝗶𝗮𝗻 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 (𝗔𝗦𝗫: 𝗟𝗜𝗡)

𝗔$𝟰.𝟮𝗯𝗻 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝗧𝗮𝗿𝗴𝗲𝘁
𝗯𝘆 𝗣𝗲𝘁𝗿𝗮 𝗖𝗮𝗽𝗶𝘁𝗮𝗹

It was several years ago while in Toronto that I instructed the management team to send our Kangankunde samples to be tested in a Central Asian country for a potential downstream processing collaboration deal.

Now, posting this from Toronto once again, seeing what I envisioned then finally come to fruition and have such a profound impact on the valuation of the company I founded in its current form, and where I remain the 𝘀𝗶𝗻𝗴𝗹𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝘀𝗵𝗮𝗿𝗲𝗵𝗼𝗹𝗱𝗲𝗿, is a truly rewarding feeling.

𝗣𝗲𝘁𝗿𝗮 𝗖𝗮𝗽𝗶𝘁𝗮𝗹’s recent update, raising the price target to 𝗔$𝟮.𝟱𝟭 and the equity valuation to 𝗔$𝟰.𝟮𝗯𝗻, reflects a shift to a 𝟱𝟬:𝟱𝟬 𝘄𝗲𝗶𝗴𝗵𝘁𝗲𝗱 𝗡𝗣𝗩:𝗘𝗩/𝗘𝗕𝗜𝗧𝗗𝗔 𝗺𝗼𝗱𝗲𝗹.

This re-rating is driven by a 𝗹𝗼𝘄-𝗰𝗮𝗽𝗲𝘅, 𝗵𝗶𝗴𝗵-𝘃𝗲𝗹𝗼𝗰𝗶𝘁𝘆 𝗽𝗮𝘁𝗵 𝘁𝗼 𝗱𝗼𝘄𝗻𝘀𝘁𝗿𝗲𝗮𝗺 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗶𝗻 𝗞𝗮𝘇𝗮𝗸𝗵𝘀𝘁𝗮𝗻, ensuring Western buyer relevance as the Kangankunde (‘The King’) project scales toward its 𝟮𝟬𝟮𝟲 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲𝘀.

𝘚𝘦𝘦 𝘵𝘩𝘦 𝘴𝘶𝘮𝘮𝘢𝘳𝘺 𝘙𝘦𝘴𝘦𝘢𝘳𝘤𝘩 𝘕𝘰𝘵𝘦 𝘧𝘳𝘰𝘮 𝘗𝘦𝘵𝘳𝘢 𝘊𝘢𝘱𝘪𝘵𝘢𝘭 𝘢𝘵𝘵𝘢𝘤𝘩𝘦𝘥.
….
@ASXLindian $LIN.ax
@ResMin_RMI $RMI.ax
@asxvolt $VRC.ax

@ErityLtd

[Asimwe Kabunga @asimwe]

𝘐𝘧 𝘺𝘰𝘶 𝘢𝘳𝘦 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵𝘦𝘥 𝘪𝘯 𝘵𝘩𝘦 𝘧𝘶𝘭𝘭 𝘘&𝘈 𝘧𝘳𝘰𝘮 𝘩𝘦𝘳 𝘷𝘪𝘴𝘪𝘵, 𝘩𝘦𝘳𝘦 𝘪𝘴 𝘵𝘩𝘦 𝘤𝘰𝘮𝘱𝘭𝘦𝘵𝘦 𝘪𝘯𝘵𝘦𝘳𝘷𝘪𝘦𝘸.

[Asimwe Kabunga @asimwe]

𝗙𝗿𝗼𝗺 𝗦𝗲𝗹𝗹𝗶𝗻𝗴 𝗠𝗮𝗻𝗴𝗼𝗲𝘀 𝗮𝘁 𝟭𝟬 𝘁𝗼 𝘁𝗵𝗲 𝗕𝗼𝗮𝗿𝗱𝗿𝗼𝗼𝗺: 𝗔 𝗬𝗲𝗮𝗿 𝟴 𝗦𝘁𝘂𝗱𝗲𝗻𝘁’𝘀 𝗜𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄

Yesterday I welcomed a Year 8 student into our Perth office boardroom for her school assignment.

She came prepared. Her questions were thoughtful, direct, and honest.

They made me reflect on why I started and what still drives me today.

Here are a few moments from our conversation.

⸻

𝟭. 𝗖𝗵𝗶𝗹𝗱𝗵𝗼𝗼𝗱 & 𝗪𝗼𝗿𝗸 𝗘𝘁𝗵𝗶𝗰

𝘖𝘯 𝘶𝘱𝘣𝘳𝘪𝘯𝘨𝘪𝘯𝘨
“If you want something, you have to work for it. Nothing is handed to you.”

𝘛𝘩𝘦 𝘮𝘢𝘯𝘨𝘰 𝘴𝘵𝘰𝘳𝘺
“At 10 years old, I was buying mangoes at the market and selling them in my neighbourhood. I was always looking for the next opportunity.”

𝘚𝘵𝘢𝘺𝘪𝘯𝘨 𝘴𝘩𝘢𝘳𝘱
“I have never smoked. I stopped drinking four years ago. I prefer staying focused.”

𝟮. 𝗧𝗵𝗲 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗼𝗳 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀

𝘖𝘯 𝘧𝘦𝘢𝘳
“The key is not avoiding fear. It is moving despite it.”

𝘖𝘯 𝘴𝘢𝘤𝘳𝘪𝘧𝘪𝘤𝘦
“Building requires thousands of hours and belief in yourself when others doubt you.”

𝘖𝘯 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘺
“As a new immigrant, I realised I could not wait for opportunity. I had to create it.”

𝟯. 𝗔𝗱𝘃𝗶𝗰𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲

𝘖𝘯 𝘦𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯
“Knowledge is everywhere now. The future belongs to those who think critically and adapt.”

𝘛𝘰 𝘴𝘵𝘶𝘥𝘦𝘯𝘵𝘴
“Your age or background is not a limitation. With drive, it becomes your advantage.”

⸻

What impressed me most was not just the questions.

It was the confidence to ask them.

If more young people stay curious and courageous, the future is in good hands.

We should all make time for the next generation.

…Asimwe

𝘐𝘧 𝘺𝘰𝘶 𝘢𝘳𝘦 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵𝘦𝘥 𝘪𝘯 𝘵𝘩𝘦 𝘧𝘶𝘭𝘭 𝘘&𝘈, 𝘐 𝘩𝘢𝘷𝘦 𝘴𝘩𝘢𝘳𝘦𝘥 𝘵𝘩𝘦 𝘤𝘰𝘮𝘱𝘭𝘦𝘵𝘦 𝘪𝘯𝘵𝘦𝘳𝘷𝘪𝘦𝘸 𝘪𝘯 𝘵𝘩𝘦 𝘧𝘪𝘳𝘴𝘵 𝘤𝘰𝘮𝘮𝘦𝘯𝘵.

….
@ResMin_RMI $RMI.ax
@asxvolt $VRC.ax
@ASXLindian $LIN.ax

@ErityLtd

[Asimwe Kabunga @asimwe]

𝗞𝗲𝗺𝗲𝗿𝘁𝗼𝗻’𝘀 𝗖𝗮𝘂𝘁𝗶𝗼𝗻𝗮𝗿𝘆 𝗧𝗮𝗅𝗲: 𝗪𝗵𝘆 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝗗𝗼𝘄𝗻𝘀𝘁𝗿𝗲𝗮𝗺 𝗔𝗺𝗯𝗶𝘁𝗶𝗼𝗻𝘀 𝗡𝗲𝗲𝗱 𝖺 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗖𝗵𝗲𝗰𝗸

I am just leaving Investing in African Mining Indaba in Cape Town, and the message from some African governments was clear: "𝗡𝗼 𝗺𝗼𝗿𝗲 𝗿𝗮𝘄 𝗲𝘅𝗽𝗼𝗿𝘁𝘀. 𝗪𝗲 𝘄𝗮𝗻𝘁 𝗱𝗼𝘄𝗻𝘀𝘁𝗿𝗲𝗮𝗺 𝗽𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴."

It sounds great in a speech. It wins votes. But this week, the world’s largest lithium producer, Albemarle, gave us a $2 billion reality check.

Albemarle just idled the final production line at its Kemerton refinery in Western Australia (𝗍𝗁𝖾 𝗌𝗍𝖺𝗍𝖾 𝖨 𝗁𝖺𝗏𝖾 𝖼𝖺𝗅𝗅𝖾𝖽 𝗁𝗈𝗆𝖾 𝖿𝗈𝗋 𝖺𝗅𝗆𝗈𝗌𝗍 𝟥𝟢 𝗒𝖾𝖺𝗋𝗌 𝗇𝗈𝗐). This was supposed to be the "gold standard" of Western refining. Despite a lithium price rebound, the company realized it is cheaper to mine ore in Australia and ship it to China for processing than to refine it locally.

If a Tier-1 jurisdiction like Australia, with $17B in incentives, world-class power, and a skilled workforce, can't make the "refining math" work, African nations must ask: Are we setting ourselves up for a "Refining Trap"?

Here are 3 hard truths for the "Downstream or Bust" agenda:

𝟭. 𝗠𝗶𝗻𝗶𝗻𝗴 𝗮𝗻𝗱 𝗥𝗲𝗳𝗶𝗻𝗶𝗻𝗴 𝗮𝗿𝗲 𝗡𝗢𝗧 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀.
Mining is about geology and volume. Refining is about chemical engineering, low energy costs, and massive scale. You can be a great miner and a terrible refiner. Forcing them together often kills the profitability of both.

𝟮. "𝗗𝗶𝗴 𝗮𝗻𝗱 𝗦𝗵𝗶𝗽" 𝗶𝘀 𝗮 𝗯𝗮𝗱𝗴𝗲 𝗼𝗳 𝗵𝗼𝗻𝗼𝗿, 𝗻𝗼𝘁 𝗮 𝗳𝗮𝗶𝗹𝘂𝗿𝗲.
Australia is a mining leader not because it makes batteries, but because it perfected the "METS" (Mining Equipment, Technology, and Services) sector. Australia exports software, safety systems, and drilling tech. This is higher-margin value-add than a chemical plant and doesn't require billions in subsidized electricity.

𝟯. 𝗣𝗼𝗹𝗶𝗰𝘆 𝘀𝗵𝗼𝘂𝗹𝗱 𝗯𝗲 𝗮 𝗠𝗮𝗴𝗻𝗲𝘁, 𝗻𝗼𝘁 𝖺 𝗠𝗮𝗻𝗱𝗮𝘁𝗲.
Banning raw exports, like we’ve seen in Zimbabwe or Namibia, doesn't automatically create a refinery. Often, it creates "stranded assets" and kills investment. Capital is cowardly. It goes where it is welcome and stays where it is well-treated.

The African Approach should be:

• Infrastructure first: Don't mandate a refinery if the power grid can't handle a toaster.

• Focus on Beneficiation: Primary crushing and sorting (getting to 6% concentrate) is a win. It reduces shipping costs and creates jobs without the $2B price tag.

• Build the METS ecosystem: Use the mines to build local engineering and logistics firms. That is the "Australian Model" that actually works.
If we want downstream to grow in Africa, it must grow because it’s competitive, not because it's compulsory.

@MiningIndaba
….
Resource Minerals International Ltd ASX:RMI @ResMin_RMI $RMI.ax
Volt Resources Limited ASX:VRC @asxvolt $VRC.ax
Lindian Resources Limited ASX:LIN @ASXLindian $LIN.ax

Erity Pty Ltd @ErityLtd

[Asimwe Kabunga @asimwe]

The S&P Global CES 2025 report highlights a significant pivot in global mining. While junior explorers in traditional hubs are under pressure, strategic capital is moving into high-value targets in emerging regions like the Arabian Shield.

Read the full data breakdown here: https://t.co/oRf2vUfazt

[Asimwe Kabunga @asimwe]

𝗧𝗵𝗲 𝟮𝟬𝟮𝟲 𝗘𝘅𝗽𝗹𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗦𝗵𝗶𝗳𝘁: 𝗪𝗵𝘆 𝗠𝗶𝗻𝗶𝗻𝗴 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗶𝘀 𝗖𝗼𝗻𝘃𝗲𝗿𝗴𝗶𝗻𝗴 𝗼𝗻 𝗚𝗼𝗹𝗱, 𝗖𝗼𝗽𝗽𝗲𝗿, 𝗮𝗻𝗱 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮

Global exploration spending has softened slightly, with total budgets easing to US$12.4 billion. However, raw numbers tell only half the story. The more critical signal is how capital is reallocating toward specific commodities and low-risk jurisdictions.
As 2026 unfolds, three primary forces are defining the market:

𝗚𝗼𝗹𝗱’𝘀 𝗥𝗼𝗹𝗲 𝗮𝘀 𝗮 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗔𝗻𝗰𝗵𝗼𝗿
Gold attracted the largest budget increase despite broader pullbacks. This reflects a flight to stability. Gold projects offer established permitting and predictable timelines. In a volatile macro environment, gold remains the preferred exposure for limiting downside risk.

𝗖𝗼𝗽𝗽𝗲𝗿 𝗮𝘀 𝗮 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗜𝗻𝗽𝘂𝘁
Copper is gaining share based on structural fundamentals. Electrification, grid expansion, and AI infrastructure depend on copper-intensive builds, yet new supply faces long lead times. High-quality copper projects are now essential strategic assets rather than cyclical trades.

𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮’𝘀 𝗘𝗺𝗲𝗿𝗴𝗲𝗻𝗰𝗲 𝗮𝘀 𝗮 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗗𝗲𝘀𝘁𝗶𝗻𝗮𝘁𝗶𝗼𝗻
Geography is becoming more selective. While traditional markets face funding pressure, Saudi Arabia is expanding. This shift is driven by the Ministry of Industry and Mineral Resources, which has catalyzed a significant increase in activity since 2020 through aggressive licensing and world-class geological data.
By de-risking the Arabian Shield via the Exploration Enablement Program (EEP), the Ministry is transforming the Kingdom into a top-tier destination. This has paved the way for players like Resource Minerals International Ltd (ASX:RMI) to advance high-prospectivity assets.
RMI’s Shaib Marqan project, for instance, is in the Ar Rayn Terrane, a region known for VMS-hosted copper and orogenic gold systems. By combining historical indicators with modern field exploration, companies like RMI are demonstrating exactly how the Saudi mining boom is being executed.

𝗪𝗵𝗮𝘁 𝗧𝗵𝗶𝘀 𝗠𝗲𝗮𝗻𝘀 𝗳𝗼𝗿 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆
This isn't a retreat; it is a re-ranking of priorities. Capital is concentrating where there is clear demand visibility and regulatory certainty. Success belongs to those combining disciplined commodity selection with modern exploration technology.
𝘛𝘩𝘪𝘴 𝘢𝘯𝘢𝘭𝘺𝘴𝘪𝘴 𝘣𝘶𝘪𝘭𝘥𝘴 𝘰𝘯 𝘵𝘩𝘦 𝘊𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘌𝘹𝘱𝘭𝘰𝘳𝘢𝘵𝘪𝘰𝘯 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘦𝘴 𝘸𝘰𝘳𝘬 𝘣𝘺 𝘚&𝘗 𝘎𝘭𝘰𝘣𝘢𝘭 𝘔𝘢𝘳𝘬𝘦𝘵 𝘐𝘯𝘵𝘦𝘭𝘭𝘪𝘨𝘦𝘯𝘤𝘦. 𝘛𝘩𝘦𝘪𝘳 𝘊𝘌𝘚 𝟸𝟶𝟸𝟻 𝘳𝘦𝘱𝘰𝘳𝘵 𝘥𝘦𝘵𝘢𝘪𝘭𝘴 𝘩𝘰𝘸 𝘤𝘢𝘱𝘪𝘵𝘢𝘭 𝘪𝘴 𝘳𝘦𝘱𝘰𝘴𝘪𝘵𝘪𝘰𝘯𝘪𝘯𝘨.
Full articles and report details are in the first comment
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[Asimwe Kabunga @asimwe]

𝗩𝗼𝗹𝘁 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 (𝗔𝗦𝗫: 𝗩𝗥𝗖) 𝗲𝘅𝘁𝗲𝗻𝗱𝘀 𝗕𝘂𝗻𝘆𝘂 𝗴𝗿𝗮𝗽𝗵𝗶𝘁𝗲 𝗼𝗳𝗳𝘁𝗮𝗸𝗲 𝗮𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗮𝗻𝗻𝘂𝗮𝗹 𝘀𝗮𝗹𝗲𝘀 𝘃𝗼𝗹𝘂𝗺𝗲𝘀 𝘀𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁𝗹𝘆 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱

We have executed a binding variation to our offtake agreement with 𝗤𝗶𝗻𝗴𝗱𝗮𝗼 𝗕𝗮𝗶𝘅𝗶𝗻𝗴 𝗚𝗿𝗮𝗽𝗵𝗶𝘁𝗲 𝗖𝗼., 𝗟𝘁𝗱, aligning commencement with Bunyu’s development timeline and materially increasing contracted sales volumes.

𝗞𝗲𝘆 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

• 𝟮𝟬,𝟬𝟬𝟬 𝘁𝗼𝗻𝗻𝗲𝘀 𝗽𝗲𝗿 𝗮𝗻𝗻𝘂𝗺 of coarse flake graphite in Years 1–2
• Increasing to 𝟵𝟬,𝟬𝟬𝟬 𝘁𝗼𝗻𝗻𝗲𝘀 𝗽𝗲𝗿 𝗮𝗻𝗻𝘂𝗺 in Years 3–5, subject to Stage 2
• 𝗙𝗶𝘃𝗲-𝘆𝗲𝗮𝗿 𝘁𝗲𝗿𝗺, with a five-year extension option
• Coarse flake graphite expected to generate 𝗼𝘃𝗲𝗿 𝟲𝟱 𝗽𝗲𝗿𝗰𝗲𝗻𝘁 𝗼𝗳 𝗦𝘁𝗮𝗴𝗲 𝟭 𝗿𝗲𝘃𝗲𝗻𝘂𝗲

𝘔𝘳 𝘍𝘦𝘯𝘨 𝘠𝘶 𝘗𝘦𝘯𝘨, 𝘗𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵 𝘰𝘧 𝘘𝘪𝘯𝘨𝘥𝘢𝘰 𝘉𝘢𝘪𝘹𝘪𝘯𝘨 𝘎𝘳𝘢𝘱𝘩𝘪𝘵𝘦 𝘊𝘰., 𝘓𝘵𝘥, noted that the Bunyu Project will play an important role in supporting its 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗴𝗿𝗮𝗽𝗵𝗶𝘁𝗲 𝗱𝗲𝗺𝗮𝗻𝗱.

𝘝𝘰𝘭𝘵 𝘌𝘹𝘦𝘤𝘶𝘵𝘪𝘷𝘦 𝘊𝘩𝘢𝘪𝘳𝘮𝘢𝘯, 𝘈𝘴𝘪𝘮𝘸𝘦 𝘒𝘢𝘣𝘶𝘯𝘨𝘢, said the variation reflects 𝗮 𝘀𝘁𝗿𝗼𝗻𝗴 𝘀𝗶𝗴𝗻 𝗼𝗳 𝗰𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 𝗶𝗻 𝗕𝘂𝗻𝘆𝘂, strengthens a long-term partnership, and aligns with the recently executed 𝗨𝗻𝗯𝗼𝘂𝗻𝗱𝗲𝗱 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗙𝘂𝗻𝗱 𝗦𝗣𝗖 term sheet.

This variation follows the recently executed 𝗨𝗻𝗯𝗼𝘂𝗻𝗱𝗲𝗱 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗙𝗨𝗡𝗗 𝗦𝗣𝗖 binding term sheet and supports Bunyu’s planned 𝗦𝘁𝗮𝗴𝗲 𝟭 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝘁𝗮𝗿𝗴𝗲𝘁 𝗼𝗳 𝟰𝟬,𝟬𝟬𝟬 𝘁𝗼𝗻𝗻𝗲𝘀 𝗽𝗲𝗿 𝗮𝗻𝗻𝘂𝗺.

We value our long-standing partnership with Qingdao Baixing, established in 1998 with annual output exceeding 𝟱𝟬,𝟬𝟬𝟬 𝘁𝗼𝗻𝗻𝗲𝘀, and see this agreement as a strong signal of confidence in the Bunyu Graphite Project.

Bunyu continues to progress as a 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰𝗮𝗹𝗹𝘆 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗴𝗿𝗮𝗽𝗵𝗶𝘁𝗲 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗶𝗻 𝗧𝗮𝗻𝘇𝗮𝗻𝗶𝗮, aligned with funding, infrastructure, and market demand. @asxvolt $VRC.ax

𝘍𝘶𝘭𝘭 𝘈𝘚𝘟 𝘳𝘦𝘭𝘦𝘢𝘴𝘦 𝘢𝘵𝘵𝘢𝘤𝘩𝘦𝘥.

[Asimwe Kabunga @asimwe]

𝗪𝗵𝗲𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱’𝘀 𝗺𝗼𝘀𝘁 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝗺𝗶𝗻𝗲𝗿𝘀 𝘀𝘁𝗮𝗿𝘁 𝗺𝗼𝘃𝗶𝗻𝗴, 𝘆𝗼𝘂 𝗽𝗮𝘆 𝗮𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻.

Gina Rinehart’s Midana Exploration recently formed a significant joint venture with Maaden to explore the Nabita Ad-Duwayhi gold belt. This is a massive endorsement of 𝗩𝗶𝘀𝗶𝗼𝗻 𝟮𝟬𝟯𝟬 and the untapped potential of the Arabian Shield.

At 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲 𝗠𝗶𝗻𝗲𝗿𝗮𝗹𝘀 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 (𝗔𝗦𝗫:𝗥𝗠𝗜), we’ve been echoing this sentiment. As a first-mover ASX-listed explorer in the region, seeing “pro-mining” policies from the Ministry of Industry and Mineral Resources attract the likes of Hancock Prospecting confirms we are in the right place at the right time.

The Kingdom is actively reducing red tape and fostering an environment where explorers can actually explore. From initiatives like the 𝗘𝘅𝗽𝗹𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗘𝗻𝗮𝗯𝗹𝗲𝗺𝗲𝗻𝘁 𝗣𝗿𝗼𝗴𝗿𝗮𝗺 (𝗘𝗘𝗣) to the massive 𝟳.𝟴-𝗺𝗶𝗹𝗹𝗶𝗼𝗻-𝗼𝘂𝗻𝗰𝗲 𝗴𝗼𝗹𝗱 𝗿𝗲𝘀𝗼𝘂𝗿𝗰𝗲 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝘀 recently announced by Maaden, the momentum is undeniable.

𝗥𝗠𝗜 𝗶𝘀 𝗽𝗲𝗿𝗳𝗲𝗰𝘁𝗹𝘆 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝗲𝗱 𝗮𝘀 𝗮 𝗹𝗲𝗮𝗻, 𝗮𝗴𝗶𝗹𝗲 𝗲𝘅𝗽𝗹𝗼𝗿𝗲𝗿 𝘁𝗼 𝗰𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘇𝗲 𝗼𝗻 𝘁𝗵𝗶𝘀 𝘀𝗵𝗶𝗳𝘁:

• 𝗢𝗻 𝘁𝗵𝗲 𝗚𝗿𝗼𝘂𝗻𝗱: We are already active at Shaib Marqan and Wadi Salamah.

• 𝗛𝗶𝗴𝗵-𝗚𝗿𝗮𝗱𝗲 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: Our latest rock chip sampling has confirmed mineralization with gold assays as high as 𝟰𝟬.𝟯𝟱 𝗴/𝘁.

• 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗡𝗲𝗶𝗴𝗵𝗯𝗼𝗿𝗵𝗼𝗼𝗱: We are focusing on copper and gold targets in the same geological backyard where global giants are now planting their flags.

𝗥𝗠𝗜 𝗶𝘀 𝗽𝗿𝗼𝘂𝗱 𝘁𝗼 𝗯𝗲 𝗽𝗮𝗿𝘁 𝗼𝗳 𝘁𝗵𝗶𝘀 “𝗱𝗶𝘀𝗰𝗼𝘃𝗲𝗿𝘆 𝗰𝘂𝗹𝘁𝘂𝗿𝗲” 𝗮𝘀 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮 𝗲𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵𝗲𝘀 𝗺𝗶𝗻𝗶𝗻𝗴 𝗮𝘀 𝘁𝗵𝗲 𝘁𝗵𝗶𝗿𝗱 𝗽𝗶𝗹𝗹𝗮𝗿 𝗼𝗳 𝗶𝘁𝘀 𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝘆.

It is great to see fellow Australians recognising the incredible potential of the Arabian Shield. This is a region that will help define the next decade of global mining.

….
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[Asimwe Kabunga @asimwe]

https://t.co/MoPPAJrCc5

[Asimwe Kabunga @asimwe]

𝗧𝗵𝗲 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 𝗼𝗳 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗺𝗶𝗻𝗲𝗿𝗮𝗹𝘀 𝗶𝘀 𝘀𝗵𝗶𝗳𝘁𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝘂𝗻𝗶𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝘀𝘂𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 𝘁𝗼 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀.
The new U.S. Executive Order, Adjusting Imports of Processed Critical Minerals, makes one thing clear: The U.S. is prioritizing trade agreements with trusted partners like 𝗨𝗸𝗿𝗮𝗶𝗻𝗲 and 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮 to secure the global supply chain.
This is a significant validation of our current strategic footprint:

Volt Resources Limited (𝗔𝗦𝗫:𝗩𝗥𝗖) | 𝗨𝗸𝗿𝗮𝗶𝗻𝗲 & 𝗔𝗹𝗮𝗯𝗮𝗺𝗮
As the U.S. deepens ties with Ukraine, our graphite projects are perfectly positioned to bridge the gap between European resource potential and American industrial manufacturing needs.

Resource Minerals International Ltd (𝗔𝗦𝗫:𝗥𝗠𝗜) | 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮, 𝗔𝗳𝗿𝗶𝗰𝗮 & 𝗙𝗶𝗻𝗹𝗮𝗻𝗱
With the EO highlighting Saudi Arabia as a key partner for processing and upstream investment, our exploration activities sit at the heart of this new minerals-defense nexus.
The "China Playbook" of leveraging global allies is now the U.S. Playbook. We are proud to be operating in the exact jurisdictions identified as vital for future economic and national security.
This CSIS piece by Gracelin Baskaran, PhD @GraceBaskaran on the new Executive Order is essential reading. It moves the conversation beyond just domestic mining toward:
• 𝗣𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 & 𝗥𝗲𝗳𝗶𝗻𝗶𝗻𝗴
• 𝗕𝗶𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝗧𝗿𝗮𝗱𝗲 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁𝘀
• 𝗠𝗶𝘁𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁 𝗩𝗼𝗹𝗮𝘁𝗶𝗹𝗶𝘁𝘆
The strategy is clear: 𝗡𝗼 𝘀𝗶𝗻𝗴𝗹𝗲 𝗰𝗼𝘂𝗻𝘁𝗿𝘆 𝗰𝗮𝗻 𝘀𝗲𝗰𝘂𝗿𝗲 𝘁𝗵𝗲𝘀𝗲 𝘀𝘂𝗽𝗽𝗹𝘆 𝗰𝗵𝗮𝗶𝗻𝘀 𝗮𝗹𝗼𝗻𝗲.
The link to the full article is in the first comment.

….
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[Asimwe Kabunga @asimwe]

Signing ceremony for the Strategic Partnership Framework for Mining Exploration and Development at the Future Minerals Forum 2026 in Riyadh, Saudi Arabia.

The collaboration framework reflects an intent to bring together capital, technical expertise, and regional alignment to support responsible mineral exploration and long term resource development.

Saudi Arabia continues to position itself as a global hub for the future of mining, investment, and industrial growth. Collaboration like this is essential to unlocking the next phase of global mineral supply.

Resource Minerals International Ltd (ASX:RMI) @ResMin_RMI
@FutureMineral

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[Asimwe Kabunga @asimwe]

𝐓𝐡𝐞 𝐁𝐢𝐠𝐠𝐞𝐬𝐭 𝐂𝐚𝐫𝐞𝐞𝐫 𝐑𝐢𝐬𝐤 𝐈𝐬𝐧’𝐭 𝐀𝐈. 𝐈𝐭’𝐬 𝐈𝐠𝐧𝐨𝐫𝐢𝐧𝐠 𝐈𝐭.

Lately, the debate has been:
“Will AI replace my job?”

But that is the wrong question to ask.

History shows us that every industrial revolution eliminates certain tasks, but it also creates entirely new categories of value.

The real shift is not 𝘩𝘶𝘮𝘢𝘯 𝘷𝘴 𝘮𝘢𝘤𝘩𝘪𝘯𝘦.
It is about the 𝘴𝘱𝘦𝘦𝘥 𝘰𝘧 𝘢𝘥𝘢𝘱𝘵𝘢𝘵𝘪𝘰𝘯.

In a world where intelligence is becoming a commodity, your professional value is no longer tied to “the grind” of spreadsheets, emails, or data entry.
Those are tasks, not careers.

𝐘𝐨𝐮𝐫 𝐯𝐚𝐥𝐮𝐞 𝐥𝐢𝐞𝐬 𝐢𝐧 𝐡𝐨𝐰 𝐲𝐨𝐮 𝐥𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐭𝐡𝐞𝐬𝐞 𝐧𝐞𝐰 𝐭𝐨𝐨𝐥𝐬 𝐭𝐨 𝐬𝐨𝐥𝐯𝐞 𝐡𝐢𝐠𝐡𝐞𝐫-𝐥𝐞𝐯𝐞𝐥 𝐩𝐫𝐨𝐛𝐥𝐞𝐦𝐬.

The hard truth of the next decade:

𝐀𝐈 𝐰𝐨𝐧’𝐭 𝐭𝐚𝐤𝐞 𝐲𝐨𝐮𝐫 𝐣𝐨𝐛.
𝐁𝐮𝐭 𝐚 𝐩𝐞𝐫𝐬𝐨𝐧 𝐮𝐬𝐢𝐧𝐠 𝐀𝐈 𝐰𝐢𝐥𝐥.

Here are 𝟑 ways to ensure you stay indispensable as the landscape shifts:

𝟏. 𝐌𝐨𝐯𝐞 𝐟𝐫𝐨𝐦 “𝐌𝐚𝐤𝐞𝐫” 𝐭𝐨 “𝐌𝐚𝐧𝐚𝐠𝐞𝐫” 𝐨𝐟 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞
Stop focusing on how to do the task yourself and start focusing on how to direct an AI to do it better. Your role is shifting from the person typing the keys to the person architecting the solution.

𝟐. 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 “𝐇𝐢𝐠𝐡-𝐄𝐧𝐭𝐫𝐨𝐩𝐲” 𝐒𝐤𝐢𝐥𝐥𝐬
AI excels at the predictable. Humans excel at the unpredictable. Empathy, complex negotiation, ethical judgment, and high-stakes strategy are the areas where human presence will only become more valuable.

𝟑. 𝐁𝐮𝐢𝐥𝐝 𝐘𝐨𝐮𝐫 “𝐀𝐈 𝐓𝐞𝐜𝐡 𝐒𝐭𝐚𝐜𝐤”
Just as companies have infrastructure, individuals now need a personal tech stack. What tools are you mastering to multiply your output by 10x? If you aren’t experimenting, you’re falling behind.

The global economy is expanding, and the ceiling for what one person can achieve has never been higher. We are moving from a $100 trillion economy to a future of unlimited potential, but only for those who choose to lead the change rather than hide from it.

Are you using AI to change your job, or are you waiting for your job to change you?

….
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@ErityLtd

[Asimwe Kabunga @asimwe]

𝗧𝗵𝗲 𝗖𝗿𝗲𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗮 “𝗖𝗼𝗽𝗽𝗲𝗿 𝗞𝗶𝗻𝗴”
𝘔𝘢𝘳𝘬𝘦𝘵 𝘐𝘯𝘵𝘦𝘭𝘭𝘪𝘨𝘦𝘯𝘤𝘦 | 𝘔𝘪𝘯𝘪𝘯𝘨 𝘚𝘶𝘱𝘦𝘳-𝘊𝘺𝘤𝘭𝘦

A potential combination between Rio Tinto (@RioTinto) and Glencore (@Glencore) is now in preliminary discussions, with both companies publicly acknowledging the talks.
Under UK takeover rules, Rio Tinto has until 5:00 p.m. on February 5, 2026, to announce a firm intention to bid or walk away.

𝗖𝗼𝗽𝗽𝗲𝗿 𝘀𝗶𝘁𝘀 𝗮𝘁 𝘁𝗵𝗲 𝗰𝗲𝗻𝘁𝗿𝗲.

A combined group would likely emerge as the largest copper producer globally, with forecast 2026 output around 1.6 million tonnes.
That scale would place it ahead of current leaders and materially reshape copper market dynamics at a time when new supply is increasingly difficult to bring online.

Copper underpins EV manufacturing, AI data centres, grid expansion, and defence supply chains.
Beyond near-term output, the combination secures long-dated growth through Glencore’s Argentine pipeline, including projects such as El Pachón and Agua Rica, which become increasingly strategic beyond 2030.

𝗧𝗵𝗲 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗰𝗼𝗻𝘁𝗿𝗮𝘀𝘁 𝗺𝗮𝘁𝘁𝗲𝗿𝘀.

Rio Tinto specialises in long-life, low-cost production of Tier-1 assets.
Glencore operates one of the most sophisticated physical trading and marketing platforms in global commodities.
Together, they would span extraction, logistics, and direct delivery to end users across EV manufacturing, AI data centres, and grid infrastructure.
Market volatility shifts from an operational constraint into a commercial advantage.

𝗖𝗼𝗮𝗹 𝗿𝗲𝗺𝗮𝗶𝗻𝘀 𝗮 𝗰𝗼𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗻𝗴 𝗳𝗮𝗰𝘁𝗼𝗿.

Rio Tinto exited coal to reinforce its ESG positioning.
Glencore continues to generate substantial cash flow from coal assets.
Across the sector, energy security now sits alongside decarbonisation in capital allocation decisions, reshaping how legacy assets are viewed.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗿𝗲𝗮𝗰𝘁𝗶𝗼𝗻 𝗵𝗮𝘀 𝗯𝗲𝗲𝗻 𝘁𝗲𝗹𝗹𝗶𝗻𝗴.

Glencore shares moved sharply higher following confirmation of the talks, rising by approximately 8–10 percent.
Rio Tinto shares softened by roughly 6 percent, reflecting investor concerns around execution risk, potential overpayment, and the emergence of a conglomerate discount.
The divergence shows how markets are already pricing the complexity of scale.

𝗦𝘁𝗲𝗽𝗽𝗶𝗻𝗴 𝗯𝗮𝗰𝗸.

Mining is no longer only an extraction business.
It is increasingly about control of strategic metals at global scale.

Copper is becoming the central input.
Scale is becoming the defining advantage.

….
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@ErityLtd

[Asimwe Kabunga @asimwe]

𝗔𝗜 𝗿𝗲𝘀𝗶𝘀𝘁𝗮𝗻𝗰𝗲 𝗶𝘀 𝗮 𝘀𝗶𝗴𝗻𝗮𝗹 𝗼𝗳 𝗱𝗶𝘀𝗿𝘂𝗽𝘁𝗶𝗼𝗻, 𝗻𝗼𝘁 𝗳𝗮𝗶𝗹𝘂𝗿𝗲.

There is a growing movement today fuelled by a very real fear: that AI is outpacing our ability to control it.
Concerns about job displacement, intellectual property, and automated decision-making are not irrational. They are deeply human reactions to a rapid shift in how we live and work.

But while the technology feels new, the resistance is not.

Is this friction a sign of failure?
𝗡𝗼. 𝗛𝗶𝘀𝘁𝗼𝗿𝘆 𝗶𝘀 𝘃𝗲𝗿𝘆 𝗰𝗹𝗲𝗮𝗿.

𝗧𝗵𝗲 𝗽𝗮𝘁𝘁𝗲𝗿𝗻 𝗵𝗮𝘀 𝗿𝗲𝗽𝗲𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗰𝗲𝗻𝘁𝘂𝗿𝗶𝗲𝘀.

𝗣𝗿𝗶𝗻𝘁𝗶𝗻𝗴 𝗣𝗿𝗲𝘀𝘀 (15th century)
• 𝘛𝘩𝘦 𝘙𝘦𝘴𝘪𝘴𝘵𝘢𝘯𝘤𝘦: Authorities and scribes feared loss of control over information and truth.
• 𝘛𝘩𝘦 𝘖𝘶𝘵𝘤𝘰𝘮𝘦: Literacy exploded. Science, law, and democratic institutions accelerated.

𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗠𝗮𝗰𝗵𝗶𝗻𝗲𝗿𝘆 (18th–19th century)
• 𝘛𝘩𝘦 𝘙𝘦𝘴𝘪𝘴𝘵𝘢𝘯𝘤𝘦: The Luddites destroyed textile machines to protect their livelihoods.
• 𝘛𝘩𝘦 𝘖𝘶𝘵𝘤𝘰𝘮𝘦: Productivity surged. New industries formed. Living standards rose globally.

𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰𝗶𝘁𝘆 (late 19th century)
• 𝘛𝘩𝘦 𝘙𝘦𝘴𝘪𝘴𝘵𝘢𝘯𝘤𝘦: Viewed as dangerous and “unnatural” for homes and cities.
• 𝘛𝘩𝘦 𝘖𝘶𝘵𝘤𝘰𝘮𝘦: Modern cities, factories, and the 24-hour economy became possible.

𝗔𝘂𝘁𝗼𝗺𝗼𝗯𝗶𝗹𝗲𝘀 (early 20th century)
• 𝘛𝘩𝘦 𝘙𝘦𝘴𝘪𝘴𝘵𝘢𝘯𝘤𝘦: Labelled “devil wagons.” UK law required a person to walk ahead waving a red flag.
• 𝘛𝘩𝘦 𝘖𝘶𝘵𝘤𝘰𝘮𝘦: Global mobility, logistics, and modern supply chains were born.

𝗖𝗼𝗺𝗽𝘂𝘁𝗲𝗿𝘀 (1960s–1980s)
• 𝘛𝘩𝘦 𝘙𝘦𝘴𝘪𝘴𝘵𝘢𝘯𝘤𝘦: Office workers feared mass redundancy and the “death” of the professional.
• 𝘛𝘩𝘦 𝘖𝘶𝘵𝘤𝘰𝘮𝘦: Scalable productivity and the creation of the global software economy.

𝗜𝗻𝘁𝗲𝗿𝗻𝗲𝘁 (1990s)
• 𝘛𝘩𝘦 𝘙𝘦𝘴𝘪𝘴𝘵𝘢𝘯𝘤𝘦: Seen as chaotic, unsafe, and a threat to social fabric.
• 𝘛𝘩𝘦 𝘖𝘶𝘵𝘤𝘰𝘮𝘦: Near-zero-cost global communication enabled digital markets and platforms.

𝗧𝗵𝗲 𝘀𝗮𝗺𝗲 𝗰𝘆𝗰𝗹𝗲 𝗮𝗹𝘄𝗮𝘆𝘀 𝗮𝗽𝗽𝗲𝗮𝗿𝘀.
1.A new technology dramatically lowers the cost of a capability.
2.Fear centres on job loss, safety, and loss of control.
3.Society pushes back through regulation and friction.
4.Institutions adapt through education, norms, and new roles.
5.The technology becomes invisible because it is everywhere.

𝗔𝗜 𝗶𝘀 𝗻𝗼𝘁 𝗮𝗻 𝗲𝘅𝗰𝗲𝗽𝘁𝗶𝗼𝗻.
𝗜𝘁 𝗶𝘀 𝘁𝗵𝗲 𝗻𝗲𝘅𝘁 𝗰𝗵𝗮𝗽𝘁𝗲𝗿.

Resistance does not mean AI is failing.
It means AI is powerful enough to matter.

People who understand the cycle stop fearing the tool and start learning how to use it.

…..
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