The Nisk deposit was first discovered by Inco, now Vale, in 1962.

Production is expected to ramp up progressively over the next year to an initial target of 350 tonnes per day.

Silver rally has become more forceful and fast than gold’s gains amid robust financial and industrial demand. 

Copper vaulted toward a record in London and nickel spiked nearly 8%, capping a week of big moves in industrial and precious metals markets as bullish investors pile in and bearish bets unravel. 

Silver has soared by almost a quarter in 2024, outpacing gold and making it one of the year’s best-performing major commodities.

The Troilus project has an estimated net present value (discounted at 5%) of $884.5 million and an internal rate of return of 14%.

According to Max, the Cesar project is host to one of the world's largest underexplored sedimentary copper-silver systems.