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.

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.

Gold jumped as much as 3% to a three-week high above $4,850/oz after the US and Iran agreed a two-week ceasefire, easing fears that Middle East-driven oil price spikes would lock in higher inflation and delay US Federal Reserve rate cuts. Prices are still down about 9% since the war began and remain below the near-$5,600/oz record hit earlier in 2026, with analysts warning the rebound is fragile and highly sensitive to any breakdown around the Strait of Hormuz. Longer term, Goldman Sachs and Wells Fargo maintain bullish targets of $5,400/oz and $6,300/oz respectively.