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Newmont Mining Corp. (NYSE: NEM) today reported second quarter 2014 financial and operating results, including: Achieved reported net income attributable to shareholders from continuing operations of $182 million, or $0.37 per basic share, and adjusted net income1 of $101 million, or $0.20 per basic share; Reduced costs applicable to sales [...]
Newmont Mining Corp. (NYSE: NEM) will invest in developing the Merian gold mine in Suriname with strong local support for the project and expected all-in sustaining costs of between $750 and $850 per ounce in the first five years. The new mine is expected to begin production in late 2016, pending receipt of the Right of Exploitation from the [...]
Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, today announced results for the second quarter and first six months of 2014. Highlights and Recent Developments ...
Cliffs Natural Resources Inc. (NYSE:CLF) today made the following statement following the Companys Annual General Meeting: We look forward to receiving the final results of todays vote, and the Board and management team remain deeply committed to continuing to create long-term value for all of our shareholders. We appreciate the support of the [...]
Casablanca Capital LP, (“Casablanca”) the beneficial owner of approximately 5.2% of Cliffs Natural Resources (“Cliffs”) shares, announced today that all six of Casablanca’s nominees have been elected to the Cliffs Board of Directors according to preliminary estimates by its proxy solicitor of the voting results at today’s Annual Meeting of [...]
Westmoreland Coal Company (NasdaqGM:WLB), through its Prairie Mines & Royalty ULC subsidiary, has entered into a long-term coal supply agreement with Saskatchewan Power Corporation to supply coal from the Estevan Mine. The agreement results in a commitment of over 60 million tons of coal from Estevan through 2024. I am very pleased to announce [...]
West African Resources is pleased to announce the results of its technical and financial assessment of a heap leach starter project on its Mankarga 5 project, Burkina Faso. This assessment constituted an independently managed scoping study and a preliminary economic assessment and is herein for convenience referred to solely as the "Scoping Study [...]
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the Company) announced today the granting of 25,000 stock options to each of the five independent directors and 185,000 stock options in total to certain management employees. The grant does not include the Chief Executive Officer or the President. The options are exercisable at US $4.02, have a grant [...]
Uranium Resources Inc. (NASDAQ: URRE) will hold a conference call to discuss its 2Q financial results and recent developments on Friday, August 8, 2014 at 11:00 a.m. Eastern Time (9:00 a.m. Mountain). Dial-in Numbers: +1 (800) 319-4610 (U.S. and Canada) +1 (604) 638-5340 (International) ...
The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable August 25, 2014 to shareholders of record at the close of business on August 8, 2014 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable October 1, 2014 to shareholders of record at the [...]
Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Indonesian subsidiary PT Freeport Indonesia (PT-FI) received approval from the Government of Indonesia to resume exports of copper concentrates. PT-FI will resume full operations immediately and concentrate exports are expected to commence in August 2014. PT-FI has entered into a [...]
Westmoreland Coal Company (NasdaqGM:WLB) today announced results of the second quarter ended June 30, 2014, which includes the first results of our Canadian coal mining operations acquired on April 28, 2014. Revenues for the quarter were $288.0 million versus $162.5 million in the same quarter in 2013. Adjusted EBITDA for the quarter was $39.6 [...]