The first tranche of shares was purchased by Evanachan, Rob McEwen’s investment corporation.

China has been grappling with the spread of the highly contagious Delta variant since July 20.

Union members at the sprawling deposit initiated early talks weeks ago but have yet to accept a deal on a new contract to the replace the current one.

President Pedro Castillo has singled out the Tia Maria project as a non-starter under his administration.

Andrew Forrest has long signaled he’s interested in battery metals and has expressed ambitions to get into the business for years.

The issue has risen to prominence recently as the desert expands south amid a decade-long drought in Chile.

Noront said Friday in a statement that its board continues to recommend that shareholders accept BHP’s cash offer.

Copper prices are tumbling as miners in the top producing nation gird to fight for bigger bonuses, setting the stage for labor strife that raises the risk of supply disruptions.