The lead federal regulator found Pebble’s compensatory mitigation plan to be ‘non-compliant’, and that the project is ‘not in the public interest’.

Lead federal regulator found Pebble’s ‘compensatory mitigation plan’ to be ‘non-compliant’, and that the project is ‘not in the public interest’.

Shares of Nevada Copper surged 22.2% by noon EST Wednesday,

The drill highlights include 48.8 metres of 2.17 g/t gold from 166.1 metres.

The open-pit, heap leach operation poured its first gold on Oct. 15 and is expected to generate 5,000 to 10,000 oz. of gold for the company this year.

LME three-month metal extended its recovery from the March lockdown lows of $4,371 to $7,331 per tonne, the highest trade since June 2018.