At stake is the future of Noront's early-stage Eagle's Nest deposit, billed by Wyloo as the largest high-grade nickel discovery in Canada since Voisey's Bay.
The lawsuit related to BHP's Escondida copper mine, the world's biggest, and the agreement involves the payment of compensation for environmental damage due to overdrawing water from the Punta Negra salt flat.
First, in real terms the copper price is nowhere near a record high. And the 2000s China-induced supercycle wasn’t the first to originate in Asia either.