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Government of Mauritania confirms its continued support as Algold's Partner in Tijirit MONTREAL, May 22, 2018 -- Algold Resources Ltd. today announced the results of a positive Preliminary Economic Assessment for the Tijirit Gold Project in Mauritania. The National Instrument 43-101 compliant PEA work was prepared by Ausenco Engineering Canada [...]
MONTREAL, May 17, 2018 -- Semafo Inc. is pleased to announce that commissioning of the Boungou Mine process plant is underway, with the first ore scheduled to be introduced to the mill circuit by month-end. We now expect to achieve the first gold pour at Boungou in June, slightly ahead of schedule. Highlights as at April 30, 2018: · Overall project [...]
TORONTO, May 16, 2018 -- Mandalay Resources Corp. is pleased to announce the results of its Annual General and Special Meeting of Shareholders held today in Toronto, Ontario. All of the resolutions presented at the meeting were approved by the shareholders, with the votes cast by proxy representing 79.15% of the total shares outstanding as of the [...]
Oslo, 15 May 2018: Yara International ASA has closed its acquisition of the Vale Cubatão Fertilizantes complex, strengthening Yara's integrated position in Brazil. "This acquisition marks the start of an exciting new phase in Brazil for Yara as the acquisition brings nitrogen production assets into our growing portfolio in Brazil, strengthening and growing our integrated position within both industrial and fertilizer", said Svein Tore Holsether, President and Chief Executive Officer in Yara International. The Cubatão asset is a nitrogen and phosphate complex with an annual production capacity of approximately 200 kilotons of ammonia, 500 kilotons of nitrates and 700 kilotons of phosphate fertilizer. The complex employs approximately 1,015 permanent and 970 contracte... [...]
Canamex Gold is pleased to announce that it has launched a non-brokered private placement to accredited investors, of GOLDUSA Ethereum ERC20 Crypto Tokens via a Security Token Offering. This is the first time ever that a gold-asset-backed crypto security token has been offered by a North American Exchange listed public company. The Company invites [...]
VANCOUVER, British Columbia, May 15, 2018 -- Standard Lithium Ltd. is pleased to announce that it has entered into a license, exploration and option agreement to formalise the memorandum of understanding announced by the Company on October 30, 2017. The Option Agreement provides that the Company will acquire the rights to conduct lithium brine [...]
ENDEAVOUR REPORTS RECORD Q1 RESULTS Houndé outperforming expectations · All mines on-track with guidance · Ity CIL construction on-time and on-budget Q1 FINANCIAL Highlights Gold production up 39% over Q1-2017 to 185koz AISC drops $121/oz over Q1-2017 to $774/oz All-In Margin up 112% over Q1-2017 to $68m Operating Cash Flow per share up 70% over Q1-2017 to $0.88 per share and Adjusted Net Earnings per share up 137% to $0.26/share Net Debt of $336m at quarter-end, up from $232m at year-end due to Ity CIL construction Net Debt to Adjusted EBITDA ratio healthy at 1.24 times Group is on target to achieve its FY-2018 guidance Project highlights Ity CIL construction progressing on-budget and on-time with first ... [...]
TORONTO, May 14, 2018 -- Lydian International Ltd. announced today its results for the three months ended March 31, 2018. All dollar amounts referenced in this news release are, unless otherwise indicated, in United States dollars. Lydian continued to advance major construction and operational readiness activities at its 100%-owned Amulsar Gold [...]
TORONTO, May 14, 2018 -- Mandalay Resources Corp. today announced changes to its Board of Directors and senior executive team. Effective immediately, Dr. Mark Sander has resigned as President, Chief Executive Officer and Director of Mandalay. Replacing Dr. Sander as President and Chief Executive Officer is Dominic Duffy, currently Chief Operating [...]
Opening of the takeover offer for Mineral Deposits Limited Following its press release dated 27 April 2018, Eramet today announces that its off-market takeover offer to acquire all of the issued shares in Mineral Deposits that it does not already own for A$1.46 cash per share is now open for acceptance by MDL shareholders. The terms and conditions [...]
VANCOUVER, British Columbia, May 10, 2018 -- Fortuna Silver Mines Inc. announces today that it has filed its Management Information Circular for the Company's Annual General Meeting to be held on June 14, 2018. The Circular is also available for viewing on the Company's website. Director Robert R. Gilmore has decided not to stand for re-election [...]
VANCOUVER, British Columbia, May 09, 2018 -- Fortuna Silver Mines Inc. today reported net income of $13.8 million, EPS of $0.09, and Adjusted EBITDA of $31.8 million in the first quarter of 2018. Jorge A. Ganoza, President, CEO and Director, commented, "We are pleased with our results for the first quarter which provide a good start [...]