Lifezone shares rise on $50 million funding, licence for Tanzania refinery

Palladium demand has also been pressured in recent years after it became much more expensive than sister metal platinum.

Net earnings totalled C$109.7 million, versus C$65.9 million in the same quarter last year.

The company posted revenue of $38.4 million in the period.

Company will offer up to 5% of capital in new shares in an initial public offering on the Moscow Exchange.

The uranium explorer and developer began trading on the London Stock Exchange at a time of record-high prices for the commodity.

Camino said it has also increased its claims at the Los Chapitos property by an additional 10 square kilometres.

Earlier this year, Atlas also raised $20 million by selling a 3% gross overriding revenue royalty on the Das Neves project.

Fire has been extinguished at a workshop at Ozernoye, scheduled to become one of the largest zinc mines in the world.

The miners believe manufacturers will absorb extra costs due to new ESG-related legislation and tax incentives like the IRA.