Copper prices eased on Friday as the dollar firmed ahead of key US jobs data that is expected to cement the path towards monetary tightening.

Mining companies are scouring the globe for new deposits.

Drilling intercepted 4.34 g/t gold over 110.6 meters including 12 g/t gold over 13.7 meters and 8.8 g/t gold over 11.8 meters.

The funding, $35 million in total, is being awarded to 12 projects.

GM did not disclose the planned investment or size of the facility but said it could announce a location in early 2022.

Gold posted a marginal loss last month as investors weighed the prospects of the Fed dialing back on stimulus amid elevated consumer prices.

The Donlin project hosts one of the largest and highest grade undeveloped deposits in the world.