Panama asks First Quantum to suspend visitor program at disputed copper mine
The company is seeking $20 billion from the Panama government through international arbitration.
The company is seeking $20 billion from the Panama government through international arbitration.
Its exclusive prospecting licence for the Namibplaas uranium deposit has been renewed for two years.
Bullion held by the People’s Bank of China rose by about 390,000 troy ounces last month.
The ties upgrade marks the latest success for Communist-ruled Vietnam's "bamboo diplomacy".
Calls for a nickel price that reflects strong environmental and governance standards have grown from high-cost producers such as Australia.
Shareholders Hecla Canada and Fury Gold Mines will be entitled to acquire shares to maintain their pro rata equity interest.
On Tuesday, spot gold rose as much as 1.3% to hit a new record of $2,141.60 per ounce.
Cheap Indonesian nickel, controlled by China and dumped on the market, has collapsed nickel prices and forced global mine closures.
Iron ore behemoth Fortescue is tipped for the greatest earnings slowdown over the next year compared with peers.
East Star currently holds copper licenses on the Verkhuba deposit, which hosts a JORC-compliant exploration target of 19-23 million tonnes grading 1.4-1.9% copper equivalent.