Copper price: the squeeze has been squoze 

The news sent the Australian junior's shares skyrocketing 123% while market reaction was more muted in Toronto.

In 2023 junior mining companies, which are still in the exploration stage, raised about C$1 billion through flow-through shares in Canada.

Gold mining stocks are suffering their worst trading session in two months.

The deal is a 29% premium to Friday’s closing share prices.

Bullion dropped the most since February last year, down as much as 2.5%.

China's first quarter imports of iron ore and its domestic production of the steel raw material both rose strongly, but output of crude steel fell.

Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in China.

Proceeds will go towards the Diablillos project in Argentina, which recently advanced to the pre-feasibility stage.

Copper climbed as much as 1.1% early Monday to reach $9,988 a ton.