Zimbabwe launches “gold-backed” currency to replace dollar

The country derives a quarter of its gross domestic product and 90% of exports from mining.

Looking ahead, the company is expecting its gold production to fall between 275,000 and 300,000 oz. in 2024.

La Preciosa hosts one of Mexico's largest undeveloped primary silver resources and is located about 19km from the company's Avino mine.

Mansfield Consulting examined 14 potential critical mineral mines and two mine extensions, and found the long-term economic impact of operations over several decades could be nearly C$800 billion ($599bn).

Commodities as a whole had a challenging year, with the group finishing down 12.55% due to a number of factors.

The Opemiska project includes the former Springer and Perry copper-gold mines, operated by Falconbridge from 1953 to 1991.

The proposed mine in the Bristol Bay area would have become the largest copper, gold and molybdenum extraction site in North America.

Resources in both the indicated and inferred categories have increased by 48.7%.

The initial capex will be less than $350 million, assuming contract mining.