The Metals Royalty Company has listed on Nasdaq under ticker TMCR, offering investors a royalty exposure to TMC’s NORI deep-sea polymetallic nodule project in the Pacific Ocean targeting nickel, cobalt and copper. Chief executive Brian Paes-Braga positions the structure as a conventional mining royalty model applied offshore, with returns linked to future production from nodules on the Clarion-Clipperton-type seabed rather than equity in TMC (NASDAQ: TMCWW). For mining financiers and project developers, the move signals growing capital-market appetite for seabed resource plays despite unresolved regulatory and production-risk questions.

Uranium Energy Corp has started production at its Burke Hollow project in Texas, the first new US in-situ recovery (ISR) uranium operation in more than a decade and now the country’s largest ISR wellfield, with measured and indicated resources above 6.15 million lb on a 20,000-acre property. The Vancouver-based miner now runs two active ISR operations, adding Burke Hollow to Christensen Ranch in Wyoming, with a third planned at Ludeman next year. ISR solutions from Burke Hollow will be piped to the Hobson Central Processing Plant, licensed for up to 4 million lb U₃O₈ per year.

First Quantum Minerals has partnered with the International Finance Corporation to align the Taca Taca copper project in Salta Province, Argentina, with IFC Performance Standards on Environmental and Social Sustainability, a move aimed at improving access to debt financing. The open-pit project is scoped for 40 Mtpa throughput with expansion potential to 60 Mtpa, requiring about $4.2–5.25 billion in capex and targeting roughly 291,000 tonnes of copper per year over the first decade of a 35‑year mine life. Construction is expected to create up to 4,000 jobs and 2,000 operational roles, with IFC emphasising local skills development and infrastructure build‑out.