Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and head to a sunny day at the beach.

Here are the highlights:

💪 Gold Rush in Colombia

🥴 Contract Termination Averted

🤣 Meme Of The Day

💪 Gold Rush in Colombia

Aris Mining Corporation (TSX: ARIS) (NYSE: ARMN) announces updated mineral resource estimates for its Segovia Operations in Colombia effective September 30, 2023 (the "2023 MRE"). Additionally, the company commits to submitting an updated technical report endorsing the 2023 MRE within 45 days from the issuance of this news release.

Highlights

• Mineral resources have increased by +114% to 3.6 million ounces (Moz) at an average grade of 14.34 grams per ton (g/t) of gold (Au). 

Hold onto your mining helmets and get ready for a gold rush!

🥴 Contract Termination Averted

On Thursday, Panamanian lawmakers granted their approval to a proposed legislation. Initially, the legislation aimed to cancel the contract between the country's government and First Quantum Minerals (TSX: FM) pertaining to the Cobre Panama copper mine. However, in a last-minute decision, lawmakers opted to remove that specific provision from the legislation.

Panama's Mining Misadventures: Supreme Court Showdown, Protests, and Copper Chaos.

📰 In Other News:

🤣 Meme Of The Day

Happy Speculating!

The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.