Sunshine Silver Weighs $400 Million IPO to Fund Reopening of Idaho Mine

Sunshine Silver Mining & Refining Corp. is pursuing an initial public offering to help reopen an Idaho mine, according to people familiar with the matter, adding to a pipeline of mining listings as elevated metals prices draw investor interest.

The US-based company is working with Bank of Nova Scotia and Bank of Montreal, the people said, asking not to be identified discussing private information. A listing could raise about $400 million, said one of the people.