• Moody’s downgrades MinRes as big investors demand board overhaul (AFR)

• Regis has sued the federal government over its order that derailed potential development at McPhillamys (AFR)

• Why US election result should be good for WA business (West)

• Kinross Gold reported net earnings of +US$350m for the quarter, almost 4x higher than a year ago (MiningNews)

• Aldebaran soars to new high as it teams up with Rio Tinto’s sulphide leaching technology venture on Altar project (Mining.com)

• Madeleine King urged Trump to keep Biden’s Inflation Reduction Act as Australia looks to turbocharge its critical minerals industry (Australian)

• Ahead of Rio Tinto buyout, Arcadium’s profit dips on sliding lithium prices (Reuters)

• ASIC has launched a formal investigation into tax evasion allegations relating to MinRes founder Chris Ellison (West)

• The US consul general reassured a WA crowd that the presidential election would unlikely change the two countries discussion on clean energy and EVs (BN)

• Donald Trump’s return to the White House wiped billions of dollars from Australian-listed gold stocks, with many names down over 5% (West)

• Chinese raw materials imports mostly rose year-on-year in October, according to customs data released Thursday (Bloomberg)

• Titanium play IperionX has attracted fundies Pengana, Terra & Regal (AFR)

• Lynas cut the ribbon at its Kal plant, with Madeleine King dubbing it “a huge deal for WA, and a massive step for Australia” (West)

• MP Materials posts smaller-than-expected loss on higher output, sales (Reuters)

• Alcoa declares force majure and suspends bauxite shipments from Brazil’s Juruti mine due to port issue (Reuters) a stranded vessel in the waterway?

• Energy stocks advance as traders weigh Trump oil sanctions (CB)

• Australia’s top tax official said no one would voluntarily confess under rules used by Chris Ellison if suspected tax crimes were routinely referred to the cops (West)

• Woodside has a head start with LNG even if Trump delivers ramp-up in US developments, according to its CEO (Australian)

• Mako is up to a 24.6% stake in Aurum as part of its takeover offer (MKG)

• It’s a golden chance for miners to buy rivals amid commodity sell-off (Australian) The ‘obvious’ play is for RMS to target SPR, while NST are said to be in a strong position, with DEG a potential target

• Polymetals signed a US$20m prepayment facility, including the issuance of 2.5m options at $1 strike, declaring ‘funding complete’ (POL)

• NexGold and Signal Gold have completed an upsized financing of C$18.5m concurrent with their merger (NEXG.V)

• You’ve got to scratch your head at what the hold-up must be for the government of Ghana to progress the approval of Gold Fields’ and AngloGold’s proposed JV

• The companies agreed all the way back in March 2023 to merge their neighbouring Tarkwa and Iduapriem mines to try create Africa’s largest gold mine. Gold Fields would hold a 60% stake, AngloGold Ashanti 30%, and the Ghanaian government 10%

• All attempts to get permits before the national elections in December look tough

• Meanwhile, Zijin acquired Newmont’s Akyem gold mine in Ghana last month. You reckon the Chinese would ever be left waiting +18 months for a permit in Ghana? We don’t think so… 🤷

• Gina Rinehart linked to luxury Palm Beach property market (AFR)

• What Trump’s victory means for mining (MiningNews)

• Bonfire of the rent-seekers at the Clean Energy Council (AFR’s Rear Window)

• Big Tech is Going Nuclear (Spotify, Apple podcasts)

• Langer confronts some ‘elite honesty’ as MinRes director (AFR’s Rear Window)

• Twin Metals copper-nickel mine in the Boundary Waters’ watershed stands to gain the most from the Trump win (Star Tribune)

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