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May 3, 2022, Oslo, Norway: PGS is awarded a Wide Azimuth 3D acquisition contract offshore Cyprus. Mobilization is scheduled to start mid-June and acquisition is expected to complete mid-August. "We are very pleased with this contract award, which is an important contribution to our vessel utilization during the summer season. The Eastern [...]
Intrepid Potash Inc. reported its results for the first quarter of 2022. Key Highlights for Q1 2022 Total sales increased to $104.4 million compared to $71.5 million in the first quarter of 2021 as potash and Trio® net realized sales prices increased to $703 and $469 per ton, respectively. Net income of $31.4 million, a $29.0 million improvement [...]
Today, 500 young local students and the Crown Prince of Norway, Haakon Magnus, celebrated the christening of Yara Birkeland, the world's first electric, autonomous container vessel. As a new twist to the maritime tradition, the emission-free ship was christened by not only one, but two God Mothers. To represent the future, young Pernille Gundersrud [...]
Atico Mining Corp. announces that pursuant to the Company's stock option plan, 1,005,206 incentive stock options exercisable at $0.405 per share for a period of five years have been granted to directors, officers, employees and consultants of the Company. Atico Mining is a growth-oriented Company, focused on exploring, developing and mining copper [...]
Challenging Q1 - Encouraging Market Outlook Takeaways Q1 2022 Revenues and Other Income of $136.2 million, compared to $165.7 million in Q1 2021 Increased contract and MultiClient late sales revenues compared to Q1 2021 MultiClient pre-funding revenues significantly reduced due to a low volume of MultiClient projects finalized and delivered to [...]
Very good operational performance of mining activities: +17% of manganese ore produced in Gabon, +16% of volumes sold externally +10% of nickel ore produced in New Caledonia, +46% of exported volumes +74% of nickel ore produced in Indonesia +16% of mineral sands produced in Senegal Particularly favourable price environment, in a context of strong [...]
Prospera Energy Inc. is pleased to provide its shareholders with the following corporate update summarizing the significant milestones achieved over the past 1.3 years. Prospera has now positioned itself to develop three large heavy oil fields with significant OOIP that have had no modern drilling or recovery methods applied. Historical production [...]
April 27, 2022, Oslo, Norway: PGS held its Annual General Meeting today. The Annual General Meeting resolved to approve all matters as proposed in the Calling Notice. The minutes from the Annual General Meeting can be downloaded from www.newsweb.no and www.pgs.com. Attachment Genforsprotokoll-AGM 2022 protocol...
April 26, 2022, Oslo, Norway: PGS leverages the multiyear frame agreement with Equinor, announced last year, to secure contracts for the 2022 summer season. PGS is awarded 4D GeoStreamer monitoring surveys over the Visund field in the North Sea and the Snøhvit field in the Barents Sea. Further, the Company was recently awarded a 3D exploration [...]
Yara delivers improved returns in a tight market situation, where higher prices more than offset higher feedstock costs and lower deliveries. First-quarter operating income1 was USD 1,039 million compared with USD 322 million a year earlier. "Yara's business model is robust, and is performing well also in a volatile situation. I want to give credit [...]
Atico Mining announced its financial results for the year ended December 31, 2021, posting income from mining operations of $28.0 million and a net income of $7.0 million. Production for the year at Atico's El Roble mine totaled 18.1 million pounds of copper and 11,018 ounces of gold in concentrate at a cash cost of $1.45 per payable pound of [...]
First Quantum Minerals Ltd. today reports results for the three months ended March 31, 2022 of net earnings attributable to shareholders of the Company of $385 million and adjusted earnings1 of $480 million . "Despite the operational and inflationary challenges presented in the first quarter, First Quantum was able to deliver another quarter of [...]