The province of Shandong plans to launch inspections of key industrial sectors in a bid to uncover safety risks.

Shares in small nickel and cobalt explorer GME Resources also jumped as much as 53%, apparently driven by the similarity of its stock ticker code to the US videogame retailer.

The Vancouver-based miner acquired 2,000 square-kilometres of highly prospective areas for copper-silver mineralization in northeastern Colombia.

Company has trimmed its production guidance for diamonds in 2021 owing to ongoing operational challenges.

The polymetallic nodule fields in the CCZ of the Pacific represent the largest known, undeveloped nickel resource on the planet, the company said.