Glencore, which owned Mopani until March 2021, is prepared to lend up to $ 100 million as a short-term cash injection to Zambia's copper mine.

Electra, Avalon and Snowlake will supply LG with 7,000 tonnes of cobalt sulfate, 55,000 tonnes of lithium hydroxide and 200,000 tonnes of lithium hydroxide respectively.

Shares of Talon Metals closed 5.2% higher on the TSX following the new drill results.

The initiative, launched in June, is designed to funnel investment toward developing countries with mining projects that adhere to stricter environmental, social and governance standards.

Seabridge Gold was recognized for its work at the past-producing Johnny Mountain gold mine that operated in the late 1980s.

The dollar index dropped after Japan intervened in the currency market to shore up the battered yen for the first time since 1998.