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Fortuna Silver Mines Inc. today reported a net loss of $7.7 million, adjusted net income of $1.9 million, and adjusted EBITDA of $19.2 million for the third quarter of 2019. Jorge A. Ganoza, President and CEO, commented, “On the strength of our two operating mines and improved metal prices, we generated adjusted EBITDA of $19.2 million with strong [...]
Cypress Development Corp. is pleased to report the Company has contracted NORAM Engineering and Constructors Ltd. of Vancouver, BC to conduct concept testing for the Company’s Clayton Valley Lithium Project in Nevada. The test work will focus on the downstream portion of the revised extraction flowsheet and run in parallel with completion of the [...]
Pretium Resources Inc. is pleased to announce that its Board of Directors has appointed Richard O’Brien and Jeane Hull as independent directors of the Company. Mr. O’Brien will assume the role of Board Chair following the retirement of Robert Quartermain, Executive Chairman, on December 31, 2019. Mr. O’Brien previously served as President and CEO [...]
Oslo, 13 November 2019: Yara regrets to announce the closure of its wholly-owned ammonia plant in Point Lisas, Trinidad. The Yara Trinidad plant is one of three ammonia plants operated by Yara Trinidad Ltd. The remaining two plants, Tringen I and Tringen II, are jointly owned by Yara International ASA and National Enterprises Ltd . The Trinidad [...]
Skyharbour Resources Ltd. is pleased to announce the Company’s option partner Orano Canada Inc. has announced details for their upcoming 2020 exploration program at the Preston Uranium Project located in the western Athabasca Basin near NexGen Energy Ltd.’s high-grade Arrow deposit and Fission Uranium Corp.’s Triple R deposit. Preston Uranium [...]
Oslo, 12 November 2019 - DNO ASA, the Norwegian oil and gas operator, today purchased USD 2.6 million in nominal value of FAPE01 bonds originally issued by Faroe Petroleum plc, and renamed DNO North Sea plc. The bonds were purchased at a price of 107.25. Following the bond buyback, USD 23.6 million in nominal value of the FAPE01 bonds remain [...]
On 20 August 2019, Auriant announced the results of an inspection carried out by the Russian State Service for Supervision of Natural Resource Usage between 17 July and 13 August 2019 at the Company’s subsidiary LLC «Tardan Gold» . The Company is now able to provide shareholders with an update: The Company presented its objections [...]
Rockridge Resources Ltd. announces that it has outlined several high quality drilling targets at its Knife Lake Project located in Saskatchewan, Canada . Highlights: Summer field program focused on assessing priority targets in close proximity to the Knife Lake deposit to be drill tested next year Program successfully refined 3 highest priority [...]
Comstock Resources Inc. today reported financial and operating results for the third quarter of 2019. On July 16, 2019, Comstock completed the acquisition of Covey Park Energy, LLC . The Company's financial results include the results of operations of Covey Park in the third quarter of 2019 beginning on July 16, 2019. On August 14, 2018, the [...]
Commenting on the Company's third quarter 2019 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "Canadian Natural's third quarter results are an excellent example of how the Company's effective and efficient operations can drive value creation for our shareholders as a result of execution excellence and economies of scale [...]
Intrepid Potash Inc. today reported its results for the third quarter of 2019. Key Takeaways for Q3 2019 • Double-digit sales increases across potash, Trio®, and oilfield solutions segments compared with the prior year third quarter, partially offset by startup costs associated with the accelerated ramp up of operations at Intrepid South [...]
Euro Sun Mining Inc. is pleased to announce it has awarded the Environmental Impact Assessment for the Rovina Valley Project to ERM Environmental Resources Management SRL , based in Bucharest Romania for the ten million ounce Rovina Valley Project in accordance with the mining license granted by the Romania Government in November 2018. ERM is a [...]