Copper prices broke through the $5 per pound threshold on the London Metal Exchange this week, driven by stronger-than-expected Chinese industrial demand and ongoing supply disruptions at major Chilean mining operations.
Vancouver-based Northern Gold Corp announced positive results from its preliminary economic assessment, paving the way for a bankable feasibility study by Q3 2026. The Wolverine project hosts 2.8 million indicated ounces of gold at an average grade of 1.84 g/t.
The agreement covers approximately 22 million pounds U₃O₈ through 2042, marking the largest long-term uranium contract since 2012 and reigniting investor interest in pure-play developers.
