• Zinc could see more sharp price swings as growing tightness along the metal’s supply chain leaves buyers exposed to sudden changes in availability (Bloomberg)

• Madeleine King insists federal gov’t lithium sector help is coming, but nothing concrete offered just yet (MiningNews), while TLEA boss Raj Surendran says its time for governments to step up if they want the lithium industry to stay

• State govt’s might have to curtail solar input from millions of homes and businesses on ‘very rare’ occasions if the energy regulator can’t manage integrating solar into Australia’s ageing grid (Australian)

• Pilbara Minerals has shaken off the title of the ASX’s most shorted stock after the lithium producer was removed from a widely tracked index (AFR)

• Local community votes in favour of Rinehart’s Grassy Mountain met coal project in Alberta, Canada (MiningNews)

• India reportdely due to auction lithium mining rights in the Himalayan foothills (MiningNews)

• The Australian gov’t has put China on notice that it will act to protect the national interest when it comes to a strategically important rare earths project in WA (Australian)

• De Beers cut diamond prices by >10% across the board as the biggest producer abandons attempts to put a floor under the slumping market (Bloomberg)

• Northern Star said labour and other costs are on the way down as it prepares to build Australia’s next big gold mine, after striking a $5bn deal to buy DEG (Australian)

• Anglo American shares rise amid renewed takeover speculation (Mining.com)

• After Northern Star’s $5bn De Grey move, what’s next? (Australian) there’s a bit going on in this one: don’t rule Agnico out; GOR wasn’t asked for voting support; NST tried to get GOR’s stake earlier; GOR and RRL bidding for Ravenswood…

• Montage Gold to obtain a 19.9% ownership stake in Sanu, through C$5.5 million investment, Lundins co-invest to obtain a 10% stake, joining AngloGold (MAU.V)

• Galena (administrators appointed) advised the second meeting of creditors is due to be held no later than 6 Dec 2024 and advisers have been appointed to assist with a sale/recap process of Abra (G1A)

• The Alto and Brighstar scheme is now effective, Alto to be removed from ASX boards next week (AME)

• Alcoa repaid a cash advance facility it assumed as part of its acquisition of Alumina, repayment of amounts outstanding totalling $385m (AAI)

• Aurum now holds ~64% of Mako Gold as part of its takeover offer (AUE)

• Triangle Energy and Pilot Energy have signed a binding term sheet for revised terms on the sale of TEG’s Cliff Head project (TEG)

• Spartan raising $220m at $1.32 for underground mine development, early re-start works, site infrastructure and 20% buy-back of the 2.5% Tembo/Taurus Royalty (SPR)

• 29Metals is in a trading halt, raising via a placement and entitlement offer (29M)

• Lucapa Diamonds is in trading halt pending a capital raising (LOM)

• Hazer Group secured a $6.2m government grant to accelerate its decarbonisation technology commercialisation (HZR)

• Alicanto received firm commitments to raise $3m via a placement (AQI)

• Word on the Decline is… there will be plenty of mining stock rumours floating about over some beers at Brewdog Perth tonight from 5pm. We’ll hopefully see ya there

• Emanuel Datt: Principles for successful resource investing (Substack)

• Kiril Sokoloff says the consumer is no longer king: the producer is. This is why he is bullish on real assets and natural resources (AFR)

• 4 common traits of small-cap takeovers (and top 8 targets for 2025) according to Seneca (Livewire)

• Dryblower: lithium rescue too little, too late (MiningNews)

• How CSIRO and BlueScope Steel are cracking the hydrogen conundrum (Energy Today)

• Infrastructure key to unlocking Argentina’s copper promise (MiningNews)

• Barrenjoey’s bankers are all about founder mode (AFR’s Rear Window)

• After Northern Star’s $5bn De Grey move, what’s next? (Australian)

• Fear, greed and Trump: this $5b deal is a part of gold’s global rush (AFR’s Chanticleer)

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