Lithium Mining Primer Metals & Mining by Chayten Hansra - July 13, 2019July 13, 20190 Overview Lithium has a wide variety of uses ranging from bipolar disorder treatments to manufacturing airplanes[i], however it is primarily used in energy storage (i.e. rechargeable batteries), lubricants, and glasses & ceramics[ii]. End Use Lithium Usage 2007 2017 Energy Storage 24% 59% Lubricants 14% 8% Glass 7% 5% Frits 9% 4% Air Conditioning 6% 3% CC Powder 3% 2% Cements/Adhesives 3% 1% Other 34% 18% [iii] Energy Storage/Batteries The percentage of lithium used for energy storage grew by 145% from 2007 to
Cobalt Mining Primer Metals & Mining by Chayten Hansra - May 13, 2019May 14, 20190 Cobalt Overview Cobalt is a base metal with favorable properties and important uses. Cobalt’s key chemical properties are its high melting point (1,493 degrees Celsius/2,719 degrees Fahrenheit), its wear-resistance, and its electrical conductivity. Cobalt has a wide variety of uses including batteries, alloys, and catalysts.[i] Cobalt is found in low concentrations making
Valuation of Metals & Mining Companies Part III: Credit Metals & Mining by Prithvi - July 17, 2018July 17, 20180 Part I: Introduction Part II: Multiples Part III: Credit Mining credit is interesting because of the capital intensive and cyclical nature of the business and unpredictability of cash flows. Capital structures with high leverage are pretty common amongst players in the space. Since commodities as a whole are at the
Valuation of Metals & Mining Companies Part II: Multiples Metals & Mining by Prithvi - July 17, 2018July 17, 20180 Part I: Introduction Part II: Multiples Part III: Credit Once an appropriate price assumptions deck has been selected, analysts use a combination of these metrics to determine the value of a business. P/E (Price/Earnings) The price to earnings ratio looks at the price the investors are paying per share for each dollar
Valuation of Metals & Mining Companies Part I: Introduction Metals & Mining by Prithvi - July 16, 2018July 17, 20180 Part I: Introduction Part II: Multiples Part III: Credit Multiples analysis is a key component of valuation within Investment Banking and Equity Research as multiples are calculated based on actual market information and each multiple tells a different story about the state of a business. Analysts usually calculate a variety
Types of Mining Methods Metals & Mining by Prithvi - March 9, 2018March 11, 20180 For an introduction to metals and mining, please read the following sections for an overview to the industry: Metals & Mining Basic Materials Selecting a Mining Method Selecting which mining method to use is one of the important decisions a mining company has to make. The mining method selected should maximize cost recovery and
Overview of Senior Gold Producers in Canada Canada Gold Metals & Mining by Prithvi - November 21, 2017February 19, 20180 GOLDCORP INC Overview Incorporated in 1994, Goldcorp Inc. (Goldcorp) is one of the leading gold producing companies in the world. Headquartered in Vancouver, British Columbia, Canada, the company is engaged in mining activities including exploration, extraction, and processing of gold. It operates four mines in Canada, one each in Argentina and Mexico,
Canadian M&A Roundup Nov 10, 2017 – 333 West 34 Street New York, AuRico Metals Mergers & Acquisitions Metals & Mining Real Estate by William - November 13, 20170 Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: 333 West 34 Street Property in New York Industry: Real Estate Acquirer: Brookfield Asset Management Inc. (TSX:BAM.A) Target: 333 West 34 Street Property in New York Size: USD$255 million Consideration: 100% Cash Sourceof Funds: Cash Sell Side Advisors: Not
Canadian M&A Roundup Oct 6, 2017 – Abengoa, Omega Protein, West High Yield Resources, Consumer & Retail Mergers & Acquisitions Metals & Mining Power & Utilities by William - October 8, 2017October 8, 20170 Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: Abengoa SA., Atlantica Yield Plc Stake (NasdaqGS:ABY) Industry: Power & Utilities Acquirer: Brookfield Asset Management Inc. (TSX:BAM.A) Target: Abengoa SA., Atlantica Yield Plc Stake (NasdaqGS:ABY) Size: $830 million Consideration: Not Disclosed Source of Funds: Not Disclosed Sell Side Advisers: Not
Weekly Movers Sep 8, 2017 – Centerra Gold, Dollarama, Pacific Insights Electronics, New Gold, Aimia, Hudbay Minerals, Hurricane Irma Basic Materials Canada Consumer & Retail Equities Financial Institutions Gold Metals & Mining USA by Karl - September 9, 2017November 22, 20170 Top TSX Weekly Gainers (Week of September 8, 2017) Centerra Gold Inc (TSX:CG, Chg:17.2%) Industry: Metals & Mining - Gold The political tension between the Kyrgyzstan government and CG, the majority-owner and operator of the largest gold mine (Kumtor) in Kyrgyz Republic, has been high. For more than two years, CG and the