Over the 27-year project life, annual production would reach 163 million lb. copper, 211,000 oz. gold, 1.28 million oz. silver and 15.1 million lb. molybdenum.

A big source of capital for the critical minerals sector this year is coming from large corporations like BHP and Rio Tinto.

A spill containing about 8 kilograms of depleted cyanide took place on June 21 at the Copler gold mine.

Across markets, there’s growing talk that high prices for raw materials will be cured only by recessions in the second half.

The bulk of the funds will be used to pay down debt and to fund capital expenditures at its 30%-owned Red Chris copper-gold mine.

Britain, the United States, Japan, and Canada agreed to ban new Russian gold imports, the British government said on Sunday.

The ban is unlikely to have any real impact on prices, with macro issues really driving sentiment at the moment.