The deal is being done through a 50-50 partnership with Saudi Arabian company MSB Holdings.

The company has nearly tripled its measured and indicated resource at the Cactus porphyry project.

The new assays build on near-record drill results reported in August.

The annual pay for a mine general manager rose 11% to C$282,900.

The agreement values the new IsoEnergy at C$903.5 million.

The 30-year open-pit mine would cost $1.9 billion to build.

Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals.

The company says its first resource estimate for the Carangas silver-gold project in Bolivia makes it notable worldwide.

Construction outlays at the site 180 km north of Regina are planned to rise to $1 billion from $647 million.

Granite’s Carmacks project, some First Nations property and the past-producing Minto Metals mine would form a 30-year operation able to produce 2 billion lb. copper.

The now $800 million project 265 km southeast of Nashville would process about 27,000 tonnes a year of the battery metal starting in 2026.

Sitka is part of the surging Tombstone Gold Belt east of historical Dawson City that includes several early-stage projects.