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Sunridge Gold Corp. (SGC:TSX.V/SGCNF:OTCQX) (the Company) announces it has filed on SEDAR an amended Technical Report (the Amended Report) dated March 27, 2014 on the independent Feasibility Study on the Asmara Project, Eritrea with an effective date of May 16, 2013. The Amended Report includes the updated values from the financial model which [...]
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 first quarter of 2014. First Quarter 2014 Highlights and Recent Developments Quarter Ended (in millions, except per share and pe...
Gold Reserve Inc. (TSX VENTURE:GRZ) (OTCQB:GDRZF) (Gold Reserve or the Company) is pleased to announce an agreement in principle with its largest noteholders to issue up to US $12 million of new convertible notes (New Notes) due December 31, 2015 and modify, amend and extend the maturity date of nearly all of its US$25.3 million outstanding [...]
Newmont Mining released results of the Company’s Annual Meeting of Stockholders held on April 23, 2014. The following matters were voted upon at the meeting: (1) the election of Directors; (2) the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent auditors for 2014; (3) the advisory vote on the compensation [...]
Westmoreland Coal Company (NasdaqGM:WLB) has completed the acquisition of Sherritt International's Prairie and Mountain coal mining operations, which include seven producing thermal coal mines in the Canadian provinces of Alberta and Saskatchewan, a 50% interest in an activated carbon plant and a Char production facility. Together with [...]
In response to the most recent press release issued by Barrick Gold Corporation (NYSE: ABX)(TSX: ABX), Newmont Mining Corp. (NYSE: NEM) confirms that the two companies had settled a preliminary draft summary of indicative terms for discussion purposes. Newmont did not renege and strongly disagrees with Barricks characterization of events that [...]
In response to the press release issued this morning by Barrick Gold Corporation (NYSE:ABX)(TSX:ABX), Newmont Mining Corp. (NYSE:NEM) today released the following letter it sent last week to the Board of Directors of Barrick: April 25, 2014 Board of DirectorsBarrick Gold Corp.Brookfield PlaceTD Canada Trust Tower161 Bay Street, Suite 3700Toronto, Canada M5J 2S1 Attention: John L. Thornton, Co-Chairman Directors: Over the past number of months, our two companies have been working hard to find a basis on which we could merge and realize their combined strengths. While we were hopeful that we could achieve that goal, it has become evident to us over the past several weeks that the type of constru... [...]
Alcoa will host a live webcast of its 2014 Annual Meeting of Shareholders on Friday, May 2, beginning at 9:30 a.m. EDT. Registration for the webcast is required. Presentation materials will be available online. A replay of the webcast will be available by close of business on Friday, May 2, at this same website. About Alcoa: A global leader in [...]
Westmoreland Coal Company (NasdaqGM:WLB) today reported its first quarter results for 2014. Highlights: Q1 2014 revenues grew 11.6% to $180.2 million compared with $161.4 million in Q1 2013. Q1 2014 Adjusted EBITDA increased 12.5% to $28.9 million compared with $25.7 million in Q1 2013. Q1 2014 operating income increased 42.1% to $8.1 [...]
Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) today reported first quarter 2014 financial and operating results. We are building on the momentum we established in 2013 with strong cost and production performance in the first quarter of 2014, said Gary Goldberg, President and Chief Executive Officer. Our team drove down all-in [...]
Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (Stans or the Company), reports that it has filed an appeal to the Bishkek City Court in response to the ruling from the Inter-District Court of Bishkek (the Court) in favour of the Kyrgyz General Prosecutors Office (GPO) claim against Stans wholly owned Kutessay II Project. This [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): Net income attributable to common stock totaled $510 million, $0.49 per share, for first-quarter 2014, compared with net income of $648 million, $0.68 per share, for first-quarter 2013. Consolidated sales for first-quarter 2014 totaled 871 million pounds of copper, 187 thousand ounces of gold [...]