• MinRes admitted that the offshore tax avoidance scheme by its founder to sell machinery to the miner at inflated prices did involve related-party transactions (AFR)

• The WA government has actioned a resourcing boost at the EPA to help speed up permitting & approvals processes (MiningNews)

• Robert Friedland plans to list his African iron ore company on the ASX next year and will use it to raise funds to acquire local critical minerals projects (AFR)

• COP29 kicks off in Azerbaijan, with carbon credits and climate finance a primary focus (MiningNews)

• Paladin Energy shares smashed on Langer Heinrich uranium mine operational issues (West)

• MinRes mothballs Bald Hill mine as the lithium collapse takes its toll (AFR)

• Gold slipped to a one-month low, as Donald Trump’s election victory last week continued to drive the US dollar higher (Bloomberg)

• Zimbabwe said it won’t grant further tax relief to mining houses from next January in a bid to force them to complete plants to process raw materials (Bloomberg)

• The leader of COP29, Azerbaijani President Ilham Aliyev, has said oil and gas are ‘a gift of god’, and exporters shouldn’t be blamed (AFR)

• The court has approved the convening of the scheme meeting and distribution of scheme booklet for Southern Cross Gold and Mawson Gold’s tie up (SXG) Scheme booklet here

• The Australian reported that 3 suitors are left bidding for Anglo’s coal assets, being Yancoal, a Stanmore consortium & a Peabody consortium, with Glencore reportedly out of the running (Australian)

• Lake Resources has sold 3 non-core lithium brine assets in Argentina for US$9m to Austroid (LKE)

• Vulcan Energy secured €100m of funding from the Federal Ministry of Economics and Climate Protection of Germany to support supply of geothermal heat to Landau (VUL)

• Rox Resources upped the size of its raise to $27 million to advance its Youanmi gold project (RXL) Hawkes Point and Wallin entities to both have 19.9%

• Brisbane start-up ADR raised $2m to expand production of an eight-wheeled mining robot (Australian)

• Coal miner Adaro Andalan Indonesia may raise as much as US$291m from an initial share sale (Bloomberg)

• Black Cat advised that it completed the repayment of the $9m convertible notes plus accrued interest (BC8)

• Rox Resources raised $26m at 14c with a $1m SPP being undertaken (RXL)

• Atrum Coal launched an entitlement offer to raise $5.8m (ATU) the court hearing for the claim against the Government of Alberta for de facto expropriating Elan’s coal leases begins April 28 next year

• Strictly Boardroom: winners and losers in critical minerals exploration (MiningNews)

• Trump, Taiwan and the $10 trillion semiconductor threat (Livewire)

• India’s hunger for fossil fuels drags on its push towards net zero (FT)

• Is gold losing its glitter among the crypto craze? (West)

• There’s lots of gold in urban waste dumps (Economist)

• Does Desalination Promise a Future of Infinite Water? (Uncharted Territories)

• Nuclear fusion start-up claims milestone with unconventional reactor (FT)

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