Led by former Barrick Gold Corp executive Shaun Usmar, Triple Flag provides up-front financing to miners in exchange for a share of future revenue or production.

The proceeds will be used to fund work at the copper-gold Red Chris mine in British Columbia and repay short-term debt.

Company agreed to sell stake in its nickel mine in Western Australia to South Korean steelmaker POSCO.

BHP’s South Flank project in Western Australia will announce first production in the next few days, CEO Mike Henry said.

Iron ore is Australia’s biggest export earner, and relations with Canberra have taken a turn for the worse in recent weeks.

The goal relates to its Scope 1 and Scope 2 emissions, though the Australian gold miner said it will continue to work across its value chain to reduce Scope 3 emissions.

Chalice plans to add supply to a palladium market that’s been in deficit for years due to high demand for the metal.