• MinRes’ key findings in damning report on founder Chris Ellison (West)

• Mark Creasy’s Yandal Investments turned a +$100m profit, buoyed by selling its 12.8% stake in Azure Minerals to Hancock and SQM (West)

• MinRes board faces investor wrath for ousting Ellison (AFR)

• AMEC calls for a review of Aboriginal cultural heritage regime as approval costs grow (MiningNews)

• Chinese electric vehicle stocks jumped after automakers including BYD posted record deliveries in October (Bloomberg)

• Copper, aluminum and other base metals climbed as the dollar weakened ahead of the US presidential election and the prospect for more stimulus measures from China (Bloomberg)

• Finland wants closer trade with Australia in critical minerals to protect Western democracy (Australian)

• Westgold shares rise on drilling results at Bluebird mine (CB)

• Zambia’s plans to take bigger stakes in some mining projects won’t impact existing operations in the country, including exploration activities (Bloomberg)

• Domestic aluminium ingot inventory broke below the 600,000 mt threshold, returning to the lowest level in nearly five years in China (SMM)

• Investors have feared that a deal between Gina Rinehart’s Hancock and Mineral Resources could leave Strike Energy on the sidelines (Australian)

• China’s top coal firms lean into power as mining profits slip (Mining.com)

• Macquarie downgrades Lynas, shares are overvalued (Capital Brief)

• Anglo American has agreed to sell its 33.3% minority stake in Australian coal miner Jellinbah Group to Zashvin (Sam Chong’s private vehicle) for A$1.6b (AAL.L, Australian)

• St George has entered an extension of time to finalise the acquisition of certain tenements covering the Araxá project in Brazil (SGQ)

• Ghana’s Minerals Income Investment Fund will invest ~US$2m into Castle’s Kambale graphite project (CDT) simultaneously the company has raised $1.25m to drill for gold

• ‘In-play’ Entrée Resources released drilling results which Mining.com is attributing to the stock’s 20% rise yesterday but it was obviously on the back of the AFR article on the weekend. A worthwhile thread from Koala on the deal dynamics here

• Xanadu raised $5.5m and Zijin has been offered the ability to participate pro rata to maintain its 19.4% shareholding, subject to FIRB approval (XAM)

• Wia Gold completed its $30m placement to advance Kokoseb (WIA)

• Legacy Iron Ore completed the institutional component of its ANREO, raising ~$22m, with the retail component seeking to raise ~$2m (LCY)

• Hastings advised all CPs to drawdown its $5m loan notes from Equator was satisfied, applying the funds to Yangibana project costs (HAS)

• Lynas is a $7.25 billion company with most of the street either a “hold” or “sell” as the company hasn’t generated free cash flow for some time now in a depressed rare earth market environment

• The relative share price vs MP Materials would provide a better merger ratio than when discussions were advanced earlier this year…

• Surely Lynas is thinking pretty thoughtfully about scrip acquisitions (be it a merger with MP Materials or others) in a time like this….

• 4 Fascinating Australian Geological Phenomena (OzGeology YouTube)

• MinRes: a savage rebuke, so why is the board giving Chris Ellison time to walk? (West)

• Ellison should leave MinRes, today. Investors gave him a reprieve (AFR’s Chanticleer)

• What’s next for uranium? (Bloomberg’s Odd Lots Podcast)

• Why MinRes’ board went for the slow axing of Chris Ellison (Australian)

• Inside the two-week unravelling of Chris Ellison’s hold on his empire (AFR)

• Dryblower reckons MinRes is a perfect takeover target for Glencore (MiningNews)

• Tiger Cub Rob Citrone on Milei's Argentina: A Bullish Outlook for Investors (Meb Faber pod) Plus views interesting views on China & shorting

• China is tightening its grip on the world’s minerals (Economist)

• China's Next Stimulus Package Is Unlikely to Put Market Fully at Ease (Bloomberg)

• Design an energy market for post-2030 or risk chaos: Origin Energy CEO Frank Calabria (Australian)

• Five Key Charts to Watch in Global Commodities This Week (Bloomberg)

• MinRes: Who knew what for how long? (BN)

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