It warned of “predatory activity” by unidentified groups offering investors less than 10% of the underlying value of their shares.

Copper production was at the low end of guidance, but gold output exceeded the high end of its target.

Nunavut is home to some of the minerals critical for battery production.

The project 470 km northwest of coastal Abidjan, the West African country’s largest city, has a net present value of $1.1 billion at a 5% discount rate with a 31% internal rate of return.

The agreement calls for Defense and the band to collaborate on the design of the Wicheeda project to assure the band’s interests and priorities are addressed.

The company has applied for a 'substantially started' status, which, if approved, would make KSM's environmental assessment certificate valid for the life of the project.