An investigation into the cause of the incident, including the reasons the employee ventured into an area he should not have been in, will be carried out.

Wyloo Metals said it notified Noront Resources to swap its $15 million convertible loan for common shares of Noront.

The company confirmed first production at QB2 is expected in the second half of 2022.

The world's largest gold miner has committed $500 million to invest in the project.

In the coming days, the company will file withdrawals and waivers for 15 remaining mining prospects.

The Swift project is a district-scale land package located in the Cortez district.

Iron ore will come under more pressure, falling to $80 to $90 a tonne heading into next year, said UBS Group.

The energy and mines minister said he wants to revise the law that regulates the use of mining royalties.