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Cleveland-Cliffs Inc. today reported third-quarter results for the period ended September 30, 2024. Third-Quarter 2024 Highlights Revenues of $4.6 billion Steel shipments of 3.8 million net tons GAAP net loss of $230 million and adjusted net loss1 of $156 million Adjusted EBITDA2 of $124 million Does not include Stelco's third-quarter adjusted [...]
Hecla Mining Company today announced that its Board of Directors has appointed Rob Krcmarov as the company's new President and Chief Executive Officer , effective November 7, 2024. Mr. Krcmarov will also join Hecla's Board of Directors. He succeeds Catherine J. Boggs, who has served as Interim President and CEO since May 22, 2024, and will remain [...]
Rio Tinto's previously announced acquisition of Sumitomo Chemical Company's 20.64% interest in New Zealand Aluminium Smelters was completed on 1 November 2024. NZAS owns and operates the Tiwai Point aluminium smelter in New Zealand. Following completion of the transaction, NZAS is now wholly owned by Rio Tinto. Rio Tinto Aluminium Pacific [...]
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 third quarter of 2024 . The Company holds an 81.8% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at: SMV [...]
Capstone Copper Corp. today reported financial results for the nine months and quarter ended September 30, 2024 . Copper production in Q3 2024 totaled 47,460 tonnes at C1 cash costs1 of $2.83 per payable pound of copper produced. Link HERE for Capstone's Q3 2024 webcast presentation. John MacKenzie, CEO of Capstone, commented, "The third quarter [...]
Lomiko Metals Inc. The Company announces that it will be making an application to the TSX Venture Exchange to settle a portion of outstanding debts in the amount of $90,000 Cdn. through the issuance of 545,455 common shares at a deemed value of $0.165. The creditors are insiders of the Company. The closing of the shares for debt application and the [...]
Rare Element Resources Ltd. is pleased to announce it has received the U.S. Nuclear Regulatory Commission operations approval under the previously issued license. This final approval, which was required for the commencement of operations at the Company's rare earth processing and separation demonstration plant in Upton, Wyoming follows the recently [...]
Largo Inc. will release its third quarter 2024 financial results on Tuesday, November 12, 2024. The Company will also host a conference call to discuss its third quarter 2024 results and other updates on Thursday, November 14 at 10:00 a.m. ET. To join the conference call without operator assistance on the day, you may register and enter your phone [...]
Vista Gold Corp. today announced additional results from Phase 2 of its 2024 drilling program at the Company's Mt Todd gold project located in Northern Territory, Australia. Phase 2 drilling continues in the South Cross Lode zone , a narrower mineralized structure with high-grade intercepts that is adjacent to the Batman deposit and presently [...]
E3 Lithium Ltd. , "E3 Lithium" or the "Company," a leader in Canadian lithium, outlines the main objectives of its Demonstration Facility Project , aimed at producing battery-grade lithium carbonate from E3 Lithium's brine and lithium minerals resource1, located in Alberta. The Demo Project is supported by Emissions Reduction Alberta , providing [...]
Compañia de Minas Buenaventura S.A.A. , Peru's largest publicly-traded precious metals mining company, today announced results for the third quarter and nine-month period ended September 30, 2024 . All figures have been prepared in accordance with IFRS on a non-GAAP basis and are stated in U.S. dollars . Third Quarter and Nine-Month 2024 [...]
Sherritt International Corporation , a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt - metals deemed critical for the energy transition - today reported its financial results for the three and nine months ended September 30, 2024. All amounts are in Canadian dollars unless otherwise noted. Leon Binedell [...]