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Rio Tinto has completed its acquisition of Turquoise Hill Resources Ltd. for a consideration of approximately $3.1 billion1, simplifying its ownership of the world-class Oyu Tolgoi mine in Mongolia, significantly strengthening Rio Tinto's copper portfolio, and demonstrating its long-term commitment to the project and Mongolia. Rio Tinto now holds a [...]
Turquoise Hill Resources announced the completion of the transactions contemplated by the previously announced statutory plan of arrangement under section 195 of the Business Corporations Act involving the Company and Rio Tinto International Holdings Limited. Pursuant to the Arrangement, Rio Tinto acquired the approximately 49% of the issued and [...]
Compañia de Minas Buenaventura S.A.A. , Peru's largest publicly-traded precious metals mining company, advises that political protests throughout Peru, precipitating a nationwide state of emergency announced yesterday, has adversely affected supply routes to mines throughout the country. There has been no damage to Buenaventura's property or [...]
Nighthawk Gold Corp. is pleased to announce the appointment of Salvatore "Sal" Curcio, CPA, CA to the role of Chief Financial Officer of the Company effective January 1, 2023. Mr. Curcio is currently the Vice President of Finance for Nighthawk. Current Nighthawk CFO Michael G. Leskovec, CPA, CA plans to step down to focus on his role as Co-Founder [...]
Golden Minerals Company is pleased to announce assay results from 31 holes of a diamond drilling program recently completed at its Sarita Este property in Salta Province, Argentina. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221215005285/en/ Sarita Este Au-Ag Results, December 2022 [...]
Sierra Metals Inc. announces that on December 13, 2022, the Peruvian Stock Market Superintendent issued Resolution Nº 087-2022-SMV/11.1. This confirms the removal of the Company's securities from the Stock Market Public Registry and approves the voluntary delisting of its common shares from the Lima Stock Exchange , effective December 15, 2022 [...]
Please replace the release with the following corrected version due to revisions in the "CAS Property" section and "Iron Creek and Ruby Drilling" section . Please also replace image captions with the revised captions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221214005378/en/ Figure [...]
Alcoa has been recognized as a leader for environmental, social, and governance performance with its most recent inclusion in the S&P Dow Jones Sustainability Indices . The annual indices are a globally recognized listing of companies with strong ESG performance, and Alcoa has been included in the rankings since the DJSI's inception in 1999. This [...]
Turquoise Hill Resources announced that the Supreme Court of Yukon has granted the final order in connection with the previously announced statutory plan of arrangement under section 195 of the Business Corporations Act, pursuant to which Rio Tinto International Holdings will acquire the approximately 49% of the issued and outstanding common shares [...]
New Found Gold Corp. is pleased to announce that it has closed its previously-announced "bought deal" public offering of 6,250,000 flow-through common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) at a price of $8.00 per Flow-Through Share for aggregate gross proceeds of $50,000,000 . The Offering was [...]
Dynacor Group Inc. today announced its board of directors approved a 20% increase to the Corporation's monthly dividend. The monthly dividend will increase to Canadian 1.00 cent from 0.83 of a cent and on an annual basis to 12 cents from 10 cents per common share starting in January 2023. This marks Dynacor's 4th dividend increase since the [...]
Electra Battery Materials Corp. today announced the acquisition of a cobalt property in proximity to the Company's projects in Idaho and provided an update on exploration activities in the Idaho Cobalt Belt, home to the largest unmined cobalt resource in the U.S. This press release features multimedia. View the full release here [...]