A perfect storm is driving copper prices to their highest level in a decade, and analysts said it’s only a matter of time before the industrial metal surpasses its all-time highs from February 2011.

Jorge A. Ganoza, President and Chief Executive Officer of Fortuna, commented: “With Roxgold we are acquiring a complete business platform which brings: i) low-cost gold production; ii) a permitted Feasibility stage development project; iii) a robust exploration pipeline; and iv) key members of a seasoned executive team of proven mine builders, developers, and explorers in West Africa.”

Carlos Silva, CEO of Santacruz stated, “Closing the transaction and acquiring outright ownership of the Zimapan Mine marks a new era for Santacruz that will help pave the road for the continuation of the Company’s growth. Beyond the mineralized zones currently being mined, management believes there is great untapped potential contained in the Zimapan mine’s 5,000 hectares of mining claims.”

Only stockholders of record and beneficial owners of shares of Gatos Silver common stock as of the close of business on April 1, 2021, the record date, may attend and participate in the Annual Meeting, including voting and asking questions during the virtual meeting.

“The closing of the VPP Royalty is a major positive step for Telson and the Campo Morado Mine and will increase revenue at Campo Morado on an ongoing basis.”

Metals are benefiting as the world’s largest economies announce stimulus programs and climate pledges as they rebuild from the coronavirus shock.