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Alcoa Corp. today announced a transition in its Investor Relations leadership, appointing Louis Langlois, senior vice president, Treasury and Capital Markets effective September 1, 2024. Mr. Langlois will assume responsibility for the Company's investor relations and pension investment functions from Jim Dwyer, vice president, Investor Relations [...]
Sherritt International Corp. is pleased to announce the appointment of Shelley Brown to its Board of Directors effective today. Ms. Brown's appointment and significant experience will provide a seamless succession following the resignation of Anna Ladd-Kruger who is reducing her board commitments in order to take up full time study at the [...]
AngloGold Ashanti plc reported improvements in gold production and total cash costs per ounce* for the first six months of the year compared with the first six months of last year, helped by a significant turnaround at its Brazil operations, which in turn drove significant year-on-year gains in cash flow and earnings. With further operating [...]
Intrepid Potash, Inc. today reported its results for the second quarter of 2024. Key Highlights for Second Quarter 2024 Financial & Operational Total sales of $62.1 million, which compares to $81.0 million in the second quarter of 2023. Net loss of $0.8 million , which compares to net income of $4.3 million in the second quarter of 2023. Gross [...]
TomaGold Corp. will not proceed with the acquisition of the East Block from Chibougamau Independent Mines Inc. . "We were fully committed to acquiring the East Block and had financing proposals to complete the transaction. However, we were unable to reach agreement with Chibougamau on terms that were commercially acceptable to TomaGold," stated [...]
Alcoa Corp. has issued its 2023 Sustainability Report, detailing the Company's progress on its strategic long-term sustainability goals. The report is available on the Sustainability section of Alcoa's website at www.alcoa.com/sustainability. "Excellence in environmental, social and governance practices and performance, particularly safety, goes [...]
Capstone Copper Corp. today reported financial results for the six months and quarter ended June 30, 2024 . Copper production in Q2 2024 totaled 40,937 tonnes at C1 cash costs1 of $2.84 per payable pound of copper produced. Link HERE for Capstone's Q2 2024 webcast presentation. John MacKenzie, CEO of Capstone, commented, "We had another solid [...]
Rupert Resources Ltd. is pleased to announce that it has closed the previously announced private placement of 1,799,329 common shares in the capital of the Company issued at a price of $3.58 per Share for gross proceeds of $6,441,597.82 . The net proceeds of the Private Placement will be used for on-going exploration expenditures, technical and [...]
Rupert Resources Ltd. is pleased to announce that it has closed the previously announced "bought deal" public offering of 8,030,700 common shares in the capital of the Company issued at a price of $3.58 per Share for gross proceeds of $28,749,906.00, which included the exercise, in full, of the Underwriters' over-allotment option . The Offering was [...]
Alcoa Corp. today announced the successful completion of its acquisition of Alumina Ltd. . This strategic move positions Alcoa to further strengthen its market leadership as a pure play, upstream aluminum company. "Alcoa is proud to announce the completion of our first major acquisition. The acquisition of Alumina Limited strengthens Alcoa's [...]
Sierra Metals Inc. announces the filing at the Lima Stock Exchange by its subsidiary, Sociedad Minera Corona S.A. of its unaudited Financial Statements and the Management's Discussion and Analysis for the second quarter of 2024 . The Company holds an 81.8% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at: SMV [...]
Golden Minerals Company today provided a corporate update. As previously disclosed, the Company does not have sufficient resources to meet its expected cash needs over the next twelve months. As of June 30, 2024, the Company had cash and cash equivalents of approximately $1.4 million. On the same date, it had accounts payable and other current [...]
