Northwire Canada EditionWednesday, September 23, 2026
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GOLD 4376.40 −0.2% SILVER 66.53 +0.2% COPPER 6.91 +2.1% OIL 90.52 −2.0% PALLADIUM 1319.00 +0.2% MJS 0.105 +0.0% IE 15.09 +9.1% GLO 0.530 −1.9% PMET 4.69 +5.9% SSE 0.080 +0.0% CDE 28.88 +5.2% SML 0.040 +0.0% FUSE 0.045 +0.0% LOD 0.405 +1.2% MOG 0.470 +0.0% KTN 1.24 +1.6% CNT 0.040 +0.0% DNG 5.48 +2.6% GFG 0.235 +0.0% NTH 0.165 +0.0% REE 0.030 −14.3% GOLD 4376.40 −0.2% SILVER 66.53 +0.2% COPPER 6.91 +2.1% OIL 90.52 −2.0% PALLADIUM 1319.00 +0.2% MJS 0.105 +0.0% IE 15.09 +9.1% GLO 0.530 −1.9% PMET 4.69 +5.9% SSE 0.080 +0.0% CDE 28.88 +5.2% SML 0.040 +0.0% FUSE 0.045 +0.0% LOD 0.405 +1.2% MOG 0.470 +0.0% KTN 1.24 +1.6% CNT 0.040 +0.0% DNG 5.48 +2.6% GFG 0.235 +0.0% NTH 0.165 +0.0% REE 0.030 −14.3%
Earnings Neutral

Ivanhoe Electric to Release the 2026 Santa Cruz Copper Project Preliminary Feasibility Study Before U.S. Markets Open on September 23, 2026

Ivanhoe Electric advances EXIM financing and a tunnel boring machine deal ahead of the Santa Cruz pre-feasibility study update.

By The Northwire Desk — AI Analysis Sep 22, 2026 · 17:11 IE · 15.09 Ivanhoe Electric Inc.
Executive Summary

Ivanhoe Electric Inc. (IE) announced it will release the 2026 Santa Cruz Copper Project Preliminary Feasibility Study (PFS) update before U.S. markets open on September 23, 2026. An investor webinar with Q&A will follow at 10:00 am Eastern.

The updated study incorporates the recently acquired Robbins Crossover XRE Tunnel Boring Machine (TBM) and associated material handling systems, replacing the previously planned roadheader decline development.

Material Impact

Ivanhoe Electric Inc. issued a pre-announcement regarding a scheduled technical study, noting that the release does not contain new financial or operational data. The market has already partially priced in the acquisition of a tunnel boring machine for $64.7 million, expected in May 2026, and the EXIM Preliminary Project Letter valued at $1.1 billion, anticipated for August 2026. The actual Preliminary Feasibility Study update is expected to serve as the material catalyst, with the release scheduled for September 23.

IE · Price
Company Overview

Ivanhoe Electric Inc. (IE) is a U.S.-based exploration and development company focused on copper and critical metals. Its flagship asset is the 100%-owned Santa Cruz Copper Project, an advanced-stage development in Arizona. The company also holds other assets including the Hog Heaven exploration project in Montana, a joint venture with Maaden in Saudi Arabia covering approximately 50,000 km², the BHP Alliance exploration project in the Southwestern U.S., a collaboration with SQM in Chile covering 2,002 km², and VRB USA in Arizona, which focuses on vanadium flow batteries. Ivanhoe Electric utilizes its proprietary Typhoon™ geophysical surveying system and CGI data inversion software to penetrate resistive cover and identify subsurface mineralization.

Read the original news release →

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