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Freeport-McMoRan Copper & Gold announced today that its oil and gas subsidiary, Freeport-McMoRan Oil & Gas, has entered into a definitive purchase and sale agreement to acquire certain of Apache interests in the Deepwater Gulf of Mexico, including Apache’s interests in the Lucius and Heidelberg oil production development projects and 11 exploration [...]
Rare Element Resources Ltd. (NYSE MKT:REE and TSX:RES) (the “Company”), a mineral resources company advancing development of the Bear Lodge Critical Rare Earth Project (the “Project”), reported today that it has filed its unaudited consolidated financial statements on Form 10-Q for the three-months ended March 31, 2014 on www.sec.gov and ...
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the Company) announces modifications to the previously announced terms of its proposed issuance of the US $12 million of new convertible notes and modification of nearly all of the US $25.3 million outstanding principal amount of previously modified notes. Previously, the interest related to the notes [...]
Westmoreland Coal Company (NasdaqGM:WLB) announced today its offer to purchase up to $22,125,000 principal amount of its 10.75% Senior Secured Notes due 2018, CUSIPs 960887AB3, U96068AC2, and 960887AD9 (the Notes). The offer will expire at 5:00 p.m. Eastern Time on Thursday, May 29, 2014. The offer price for the Notes will be payable in cash in [...]
EMC Metals is pleased to announce completion of an initial program of 30 air core drill holes at its Honeybugle property in New South Wales, Australia, targeting scandium. Results on 13 of these holes are shown in detail, in the table below. These holes suggest the potential for scandium mineralization on the property similar to the Nyngan Scandium [...]
Midway Gold Corp. (TSX and NYSE-MKT: MDW) (the Company or Midway) announces financial results for the period ended March 31, 2014. These results were filed today with the United States Securities and Exchange Commission in the Companys quarterly report on Form 10-Q, and with the relevant securities regulators in Canada. Recent Highlights [...]
Freeport-McMoRan Copper & Gold announced today that its oil and gas subsidiary, Freeport-McMoRan Oil & Gas, has entered into a definitive purchase and sale agreement to sell its Eagle Ford Shale assets for $3.1 billion to a subsidiary of Encana. FCX estimates after tax net proceeds from the transaction of approximately $2.5 billion. Approximately [...]
Alcoa (NYSE:AA) announced today that Alcoa Executive Vice President and Chief Financial Officer William F. Oplinger will present at the 31st annual Bank of America Merrill Lynch Global Metals, Mining and Steel Conference being held May 13-15 in Miami Beach, Florida. Oplinger will speak at 3:30 p.m. EDT on Tuesday, May 13. He will discuss Alcoa's [...]
General Moly, Inc. (the "Company" or “General Moly”) (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration, and mining company, announced its unaudited financial results for the first quarter ended March 31, 2014. Net loss for the three months ended March 31, 2014 was $2.4 million ($0.03 per share), compared to a loss of [...]
Hecla Mining Company (NYSE:HL) (Hecla or the Company) today announced first quarter net income applicable to common stockholders of $11.5 million, or $0.03 per basic share, and adjusted net income applicable to common stockholders of $4.9 million, or $0.01 per basic share.1 First quarter silver production was 2.5 million ounces at a cash cost [...]
Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) has amended and restated, with the approval of the TSX Venture Exchange (the TSXV), the Company's 2012 Equity Incentive Plan to fix the number of Class A Common Shares that may be issued upon the exercise of options granted thereunder to 7,550,000 shares. Such fixed number represents less than 10% of [...]
Wits Basin Precious Minerals Inc. provides the following updates from China Global Mining Resources (BVI) Limited (CGMR (BVI)): Revenue and costs during March 2014 The safety and mining rehabilitation work continues during this current quarter. AZH has reported this work program will extend beyond 30 June 2014 due to wet conditions at the [...]