Australia's Evolution Mining has agreed to buy Glencore's Ernest Henry Mining copper-gold mine in Queensland, with Glencore taking 100% of the copper output.

Assays included 8 metres grading 2.16 g/t gold, including 1 metre at 14.8 g/t gold.

Ships able to carry about 370,000 tonnes of semi-processed concentrates from Chile and Peru are waiting to be unloaded, IHS Markit data show.

The Félix project was suspended in 2019, after a court upheld a request from Indigenous campaigners claiming lack of proper consultation.

People are buying electric vehicles now, partly because the climate is simmering closer to a boil and partly because the auto industry is finally making appealing battery-powered machines in volume.

Latest Kwanika drill results demonstrate the wide distribution of high grades throughout the deposit.

The pre-production capital requirement is C$30.6 million for a mine with a life of 14.3 years.