Browsing Tag
Sudbury
3 posts
Vale Base Metals IPO reportedly shelved as $24.6bn valuation benchmark meets surging copper earnings
Vale has reportedly put the Vale Base Metals IPO on hold indefinitely after preparing the copper-and-nickel unit for a potential 2026 listing. The decision comes after VBM generated $3.36 billion of 2025 adjusted EBITDA and another $2.49 billion in the first half of 2026. Manara Minerals’ earlier 10% investment implied roughly $24.6 billion of equity value, making the postponed listing as much a valuation decision as a political one.
Inventus (TSXV: IVS) to buy Golden Rose with C$2.36m stock as Pardo gold district expands
Inventus Mining has agreed to acquire the historic Golden Rose gold mine near Sudbury for eight million shares plus a royalty, expanding its regional holdings to 681 square kilometres. Historical records indicate substantial high-grade mineralisation, but investors should distinguish those figures from a modern NI 43-101-compliant resource.
Hydro One Limited (TSX: H) is near its high, but is Q1 the real test?
Hydro One Limited (TSX: H) heads into May 13 earnings near a 52-week high. Read what the next catalyst, risks, and valuation mean now.