In the first five years of operations, the new project will produce 455,000 oz. of gold annually.

The miner reported revenue of $97 million in Q3, marking the company’s first revenue-generating quarter.

The €3.50 per share offer represents a 6.71% premium based on Euro Ressources closing price on November 13.

Canada has tightened in recent years its Investment Canada Act, the main tool used to review inbound deals to ensure transactions are not harmful to national security.

Ruling paves the way for American Lithium to open the Falchani mine, Peru’s first lithium operation, in 2027.

Teck needs approval from 11 jurisdictions — including countries where it ships coal — to complete the sale of the business.

The news about the Caribou mine came in the form of a news release from Canadian Copper, which is advancing the early-stage Murray Brook West property nearby.

The global energy transition may be eclipsed by a critical minerals supply-demand imbalance — unless alternatives are found, experts say.