Endeavour makes a quick return to the FTSE 100 index, having been replaced in the benchmark by airline EasyJet Plc at March’s index rebalancing.

The miner had said a valve ruptured on June 23, releasing 3,000 liters of mud containing cyanide into a canal within the perimeter of its Ity mine.

The company has committed $3.9 million in exploration activities for the first two years.

This year’s exploration program at Eagle River is expanding the existing resource base of known zones and identifying targets near existing infrastructure, Wesdome said.

Glencore holds a 70% interest in Kazakhstan's mining company Kazzinc, which operates a network of mines, concentrators and plants

Shares of Skeena rose to a 52-week high during Tuesday's session.

BBA has been engaged to develop a scoping study that will assist with permitting an exploration decline at Frotet and a preliminary cost estimate prior to application.

Even if current market expectations prevail, gold still has a chance to outperform in H2 2024 if Western flows pick up, the World Gold Council said.