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Consolidated Minerals released its annual financial results for 2016 on Thursday 27 April 2017. The financial results are available on the Company's website. The Company will also be holding a conference call for analysts and bondholders on 25 May 2017 at 1:30pm (BST). To access the annual results conference call, you must first register in advance [...]
ST HELIER, Jersey, May 11, 2017 /PRNewswire/ -- Further to the announcement on May 8, 2017, the acquisition of Consolidated Minerals Ltd. ("Consmin" or the "Company") by China Tian Yuan Manganese Limited?????????? ("CTYML"), a subsidiary of Ningxia Tianyuan Manganese Industry Co., Ltd. ("TMI"), is now expected to complete on or before May 24, 2017 [...]
ST. HELIER, Jersey, May 8, 2017 /PRNewswire/ -- Senior Secured Notes due 2020 Regulation S Notes: ISIN USG2370YAB23 / CUSIP G2370YAB2 Rule 144A Notes: ISIN US209504AB54 / CUSIP 209504AB5 Consolidated Minerals Ltd. ("Consmin" or "the Company") Announces That the Ghana Consent Condition Has Been Satisfied. Consmin Announces That China Tian [...]
TORONTO, May 5, 2017 /PRNewswire/ -- Richmont Mines Inc. (TSX: RIC) (NYSE: RIC) ("Richmont" or the "Corporation") announces that the nominees listed in the management information circular for the 2017 Annual and Special Meeting of Shareholders held today were elected as directors of Richmont. Results of the vote for the election of directors, the [...]
CLEVELAND, May 4, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) is responding to articles published today by Barron's Ben Levisohn and Axiom Capital Management's Gordon Johnson with respect to an open market purchase of 200,000 Cliffs shares made yesterday by its Chairman, President and CEO, Lourenco Goncalves. These comments [...]
ST. LOUIS, May 4, 2017 /PRNewswire/ -- Revenue, income from continuing operations net of income taxes, net income, and Adjusted EBITDAR1 all rise substantially on higher PRB shipments and increased Australian thermal and metallurgical coal pricing; net income reaches highest level in nearly five years; 2017 targets revised to reflect higher met [...]
NEW YORK, May 3, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Sandspring Resources Ltd. (TSX-V: SSP; OTCQX: SSPXF), a Canadian junior mining company, has qualified to trade on the OTCQX® Best Market. Sandspring Resources upgraded to OTCQX from [...]
Consol Energy reported net cash provided by operating activities in the just-ended quarter of $205 million, compared to $130 million in the year-earlier quarter, which included $6 million of net cash provided by discontinued operating activities. The company reported a net loss of $34 million for the quarter, less $5 million of net income [...]
Earnings per share increase 55 percent Board announces capital redeployment plan ST. LOUIS, May 2, 2017 /PRNewswire/ -- Arch Coal Inc. (NYSE: ARCH) today reported first quarter 2017 net income of $51.7 million, or $2.03 per diluted share, compared with $33.4 million, or $1.31 per diluted share, in the fourth quarter of 2016. Excluding certain [...]
PITTSBURGH, May 1, 2017 /PRNewswire/ -- CNX Coal Resources LP (NYSE: CNXC) today reported financial and operating results for the quarter ended March 31, 2017. First Quarter 2017 Results Highlights of the CNXC first quarter 2017 results include: Cash distribution of $0.5125 per limited partner unit for the first quarter Net income of $14.1 million [...]
Initial drilling confirms extension of gold-bearing structure 136 meters beyond existing Golden Wonder workings GIG HARBOR, Wash., May 1, 2017 /PRNewswire/ -- LKA Gold Inc. (OTCQB:LKAI) reports that the first two holes drilled from surface by Kinross Gold USA in December 2016 encountered the same gold-bearing structure that hosted the [...]
FinancialBuzz.com News Commentary NEW YORK, May 1, 2017 /PRNewswire/ -- Reuters recently published a report indicating that the value of gold, silver and platinum are forecast to rise. In the report Simona Gambarini, Analyst at Capital Economics stated, "Positioning in the silver futures market looks very stretched with net longs at the highest [...]