Chief executive Mark Bristow approached some of First Quantum’s largest investors late last year, according to Bloomberg sources.

India’s Supreme Court ordered the country’s markets regulator to conclude its investigation into the Adani Group.

Alrosa accounts for over 90% of all Russian diamond production.

Martina Merz will join the Board on February 1 and Sharon Thorne will join on July 1 2024.

Teck has a first option to earn a 55% interest over three years, and the two companies will form a joint venture thereafter.

Local media earlier reported that the Fortescue rail line into Port Hedland, Australia’s iron ore export epicentre, remained out of action on Tuesday.

Teck will have the option to acquire an 80% interest in La Coipita by funding cumulative exploration expenditures of $20 million over a five-year period.