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HIGHLIGHTS Production of 149koz at an AISC of $939/oz in Q2-2020; Production of 321koz at an AISC of $918/oz in H1-2020 Integration process is largely complete with the SEMAFO assets slotted into Endeavour's well-established West African operating model On track to achieve full year production and AISC guidance for both Endeavour and SEMAFO assets [...]
Gold Resource Corp. reported consolidated production results for the second quarter ended June 30, 2020 of 7,649 ounces of gold and 191,232 ounces of silver. In addition to precious metals, the Company produced base metals resulting in consolidated net revenue of $21.1 million for the quarter. At the beginning of the second quarter, the Company’s [...]
International Petroleum Corp. today released its financial and operating results and related management’s discussion and analysis for the six months ended June 30, 2020. Business Update Forecast 2020 net average production revised upwards to 37,000 to 40,000 barrels of oil equivalent per day from the previous guidance of 30,000 to 37,000 boepd [...]
Intrepid Potash today reported its results for the second quarter of 2020. Key Takeaways for Q2 2020 Cash flow from operations of $8.8 million Net loss of $8.9 million, or $0.07 per share Adjusted net loss of $8.6 million, or $0.07 per share Adjusted EBITDA of $0.6 million Recent Developments Voluntarily repaid remaining $15 million of outstanding [...]
Calibre Mining Corp. regrets to report that an employee of one of the mining contractors at the Limon mine was fatally injured in a vehicle accident on Friday night, July 31, 2020. Russell Ball, Chief Executive Officer stated: “I am extremely disappointed and saddened that we failed to send one of our extended family members at Calibre, safely home [...]
Pretium Resources Inc. is deeply saddened to report a fatality resulting from an incident that occurred Friday, July 31st at the Brucejack Mine. The isolated incident occurred during maintenance at a support facility on surface. The injured employee was treated immediately by the site emergency response team and then transported to the hospital in [...]
Intrepid Potash Inc. today announced that at the special meeting of stockholders held on July 28, 2020, Intrepid’s stockholders voted to approve all proposals presented, which together grant Intrepid’s Board of Directors authority to effect a reverse stock split of its shares of common stock at a ratio not less than 1-for-3 and not greater than [...]
Rockridge Resources Ltd. is pleased to announce that it plans to conduct a diamond drilling program at its Raney Gold Project located southwest of Timmins, Ontario, Canada . The results of the recently completed summer field program will assist in delineating and prioritizing drill targets over the broad structural corridor that hosts the [...]
International Petroleum Corp. will publish its financial and operating results and related management’s discussion and analysis for the six months ended June 30, 2020, on Tuesday, August 4, 2020 at 07:30 CET, followed by an audio cast at 09:00 CET. Listen to Mike Nicholson, CEO, and Christophe Nerguararian, CFO, commenting on the report and the [...]
The Hague July 30, 2020 “Shell has delivered resilient cash flow in a remarkably challenging environment. We continue to focus on safe and reliable operations and our decisive cash preservation measures will underpin the strengthening of our balance sheet. Our high-quality integrated portfolio, disciplined execution and forward-looking strategy [...]
Oslo, 30 July 2020 – DNO ASA, the Norwegian oil and gas operator, today reported stepped up investments across its portfolio on the back of higher production and significantly improved liquidity outlook as the Company recovers from the oil market turmoil that upended the second quarter of 2020. Operated production in July at the Company’s flagship [...]
Raw material sales prices adversely affected: -22% for manganese ore, -10% for ferronickel Brutal and deep impact of aerospace crisis on results for the High-Performance Alloys division, with cash consumption of €156m during the period at Aubert & Duval Acceleration of portfolio review of least performing assets, all options being considered [...]