Royal Gold bolsters royalty position at Nevada’s Cortez complex with $204m deal
According to the company, Cortez is expected to be a top three revenue producer in the Royal Gold portfolio.
According to the company, Cortez is expected to be a top three revenue producer in the Royal Gold portfolio.
A group of top shareholders has moved to force Glencore provide greater disclosure on its coal production plans.
The company, until recently known as First Cobalt, will retain its royalty interest in the properties being sold to Kuya Silver.
Industry insiders estimate the price at $3,300 per tonne by 2027, growing to $4,000 by 2031.
Net proceeds of the sale will be used to fund exploration and development activities at Eskay Creek gold-silver project in British Columbia.
First Quantum had notified the country about two arbitration proceedings days after the order to halt operations.
Developing the first phase of the NorthMet open-pit operation about 100 km north of the Lake Superior port of Duluth is forecast at $1.2 billion.
The shutdown is a preventative measure as Copper Mountain assesses the extent of the attack on its systems at the mine and its corporate offices in Vancouver.
Global lithium production surpassed 100,000 tonnes for the first time in 2021.
The electric-vehicle maker’s market valuation has shrunk to roughly $372 billion.