Stocks in play: Ivanhoe Electric Inc.
Provided an update on recent progress at the Santa Cruz Copper Project in Arizona, including drilling activities and the selection of external consultants to advance the Project's Preliminary Feasibility Study. The Mineral Resource Estimate utilized for the Initial Assessment included 170 drill holes totaling 153,000 meters. Since December 31, 2022, the current date of the Mineral Resource Estimate update announced on February 14, 2023, Ivanhoe Electric has completed an additional 185 drill holes totaling 133,000 meters, bringing total development drilling at the Project to over 286,000 meters. Ivanhoe Electric Inc. shares T.IE are trading down $0.85 at $15.20.
Read:
Data Center Investments Surge 200% Since 2016, Expected to Grow 89% by 2028 Amid AI Boom
Advancements in Cancer Therapeutics: What to Expect from the Upcoming 2024 Oncology Conference
AI's Energy Challenge: Tech Giants Innovate to Preserve Global Electricity Grids
Biotech Developers Pioneer New Treatments, Aiming to Reduce Pancreatic Cancer Fatalities in 2024
Big Players Lining Up to Secure Critical Supplies of Nickel Despite Price Drop