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Andy Eidson Takes On Expanded Role as Philip Cavatoni Departs BRISTOL, Va., March 18, 2016 /PRNewswire/ -- Alpha Natural Resources Inc. (ANRZQ) today announced that Andy Eidson, Senior Vice President for Strategy and Business Development, will assume additional duties as the CFO. Mr. Eidson, who has served in his current position since December [...]
CLEVELAND, March 15, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today issued the following statement regarding the recently filed lawsuit by certain Plaintiff Noteholders: Cliffs typically does not comment on litigation matters. However, the Company felt compelled to state its belief that this lawsuit over the note exchanges in [...]
Athena Silver Corp. together with its wholly-owned subsidiary, Athena Minerals, Inc., announced today that it and the Strachan Trust have executed a new Lease/Purchase Option covering its flagship Langtry Silver Project located in the Calico Mining District, California. The new Lease/Option supercedes all prior agreements. "Our original lease that [...]
Mining company alleged to have wrongfully excluded retail bondholders from exchange of unsecured corporate bonds for secured bonds; federal suit follows on heels of similar case brought against oil company Vanguard Natural Resources; lawyers note unfair exchange offer reflects "serial pattern by distressed companies to disadvantage retail [...]
DENVER, March 14, 2016 /PRNewswire/ -- Newmont Mining Corp. (NYSE: NEM) ("Newmont" or the "Company") announced today the Reference Yield, the Tender Offer Consideration and the Total Consideration (each as defined below) for its offer (the "Tender Offer") to purchase for cash an aggregate combined principal amount of up to $500,000,000 (as such [...]
DENVER, March 14, 2016 /PRNewswire/ -- Newmont Mining Corp. (NYSE: NEM) (Newmont or the Company) announced today the results as of 5:00 p.m., New York City time, on March 11, 2016 (the "Early Tender Date"), of its offer (the "Tender Offer") to purchase for cash an aggregate combined principal amount of up to $500,000,000 (as such amount may be [...]
CLEVELAND, March 14, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it will be restarting iron ore pellet production at its Northshore Mining operation in Minnesota by May 15, 2016. The Company is taking such action based on its domestic customers' demand for iron ore pellets and consistent with its previously [...]
The director and management of Van Gold Resources are pleased to provide an update on the Company's interests in Africa where Van Gold Resources currently has nearly a 100% concession interest in Cabinda's future contingent oil and mineral production obtained from the Front for the Liberation of the State of Cabinda (FLEC). Experts predict that [...]
Asset Purchase Agreement Also Filed to Confirm Stalking Horse Credit Bid for Purchase of Core Assets BRISTOL, Va., March 8, 2016 /PRNewswire/ -- Alpha Natural Resources Inc. (ANRZQ) today announced that it has filed a proposed Chapter 11 Plan of Reorganization ("the Plan") and a related Disclosure Statement with the United States Bankruptcy Court [...]
ST HELIER, Jersey, March 8, 2016 /PRNewswire/ -- Referring to Consmin's "Market and Business Update" published on March 8, 2016 (the "Announcement"), Consmin has engaged D.F. King Ltd, an Orient Capital Company, as the Identification Agent, to compile a list of Noteholders (as defined in the Announcement). Consmin is requesting all Noteholders of [...]
ST HELIER, Jersey, March 8, 2016 /PRNewswire/ -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES Continued weakness in the market for manganese ore resulting in record low product prices in January 2016 Market pricing outlook remains uncertain despite global supply cuts as these are not permanent and can be reversed if [...]
CORAL SPRINGS, Florida, March 3, 2016 /PRNewswire/ -- The gold sector has lived up to expectations thus far in 2016 fueled by joint ventures, mergers, debt reductions and overall strong performance on the market. Mining companies with recent developments of interest in the gold sector / precious metals market are NuLegacy Gold Corp. (OTCQX [...]