The Canadian royalty company sold all its shares in Osisko Mining, about 50 million, for C$132 million ($98m).

The companies claim the provincial government’s coal policy reforms cost them billions in lost investment and potential revenues.

The proposed financing will see Ivanhoe offer approximately 41.66 million Class A common shares for sale at C$12.00 each.

More than 30% of Glencore's investors, including BlackRock, rejected the company's climate report at its annual meeting in May.

The Rook I project includes a new underground mine and mill in the southwestern part of the Athabasca Basin.

Cobre Panama has requested government authorization to lay off more than 4,000 of its employees.