Welcome to our dedicated page for Ivanhoe Electric news (Ticker: IE), a resource for investors and traders seeking the latest updates and insights on Ivanhoe Electric stock.
Ivanhoe Electric Inc. (IE) generates a steady flow of news related to copper and critical metals exploration, project development and financing. As a United States‑domiciled minerals exploration company, its announcements often center on the Santa Cruz Copper Project in Arizona, its broader U.S. project portfolio, and technology‑driven exploration activities.
Recent news has highlighted key milestones for the Santa Cruz Copper Project, including completion of a Preliminary Feasibility Study and Technical Report Summary, land acquisitions, and steps toward mine development on private land. Ivanhoe Electric has reported a Letter of Interest from the Export‑Import Bank of the United States for potential project debt financing, as well as a secured bank credit facility arranged through its subsidiary to support Santa Cruz development and construction. Equity offerings on the NYSE American and TSX, and related use‑of‑proceeds disclosures, are also regular subjects of company news.
Investors following IE news can expect updates on exploration results, engineering studies and permitting progress at Santa Cruz and other U.S. projects, including the Tintic Copper‑Gold Project. The company also issues releases on its 50/50 joint venture with Saudi Arabian Mining Company Ma’aden in the Arabian Shield, where new exploration licenses, Typhoon™ geophysical surveys and drilling programs are described in detail. In addition, Ivanhoe Electric reports on corporate transactions involving its majority‑owned subsidiary Cordoba Minerals Corp., such as agreements to monetize interests in the Alacrán Copper Project in Colombia.
This news page aggregates these disclosures so readers can track developments in Ivanhoe Electric’s copper‑focused strategy, project financing steps, joint ventures and technology‑enabled exploration activities over time.
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SES AI Corporation, a leader in lithium-metal rechargeable batteries for electric vehicles, announced the retirement of Robert Friedland from its board of directors, effective March 15, 2023. Friedland was instrumental in SES's transition from R&D to a global manufacturing company, contributing to significant milestones like the launch of the first 100Ah Li-Metal cell in 2021. SES is now preparing to enter B-samples and establish a North American EV battery supply chain. The company is actively seeking a replacement for Friedland, focusing on leaders in electric vehicles and battery technology.
Ivanhoe Electric announces the appointment of Patrick Loftus-Hills to its Board of Directors, replacing Oskar Lewnowski, who steps down to focus on Orion Resource Partners. Loftus-Hills, with over 35 years in the mining and finance sectors, is currently a Senior Advisor at Moelis & Company and has held senior roles at UBS. His expertise in investment banking and mining transactions is expected to benefit Ivanhoe Electric's strategic initiatives. Loftus-Hills expressed enthusiasm about the company's potential in mineral exploration and electrification.
Ivanhoe Electric (NYSE American:IE) has reported positive drilling results at the Santa Cruz Copper Project in Arizona. Drill hole SCC-122 intersected soluble copper minerals, indicating expansion potential of the resource. Infill drill hole SCC-058 showed 55 meters grading 3.10% copper, with a notable section grading 4.15% copper. An Initial Assessment is underway to evaluate the economics of a potential underground mine. The project utilizes Ivanhoe's proprietary Typhoon technology to optimize drilling operations. This update follows a Mineral Resource Estimate from December 31, 2022, supporting continued high-grade copper mineralization.
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