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March 8, 2022: Oslo, Norway, the board of directors of PGS ASA has approved a change in the Company's basis for Segment Reporting. PGS has since 2018 prepared its internal management reporting based on the principles applied prior to the implementation of IFRS 15, Revenue from Customer Contracts. This method has recognized MultiClient pre-funding [...]
Intrepid reports its financial results for the fourth quarter and full year of 2021. Key Fourth Quarter and Full Year 2021 Takeaways Net income of $223.9 million and $249.8 million in the fourth quarter and full year 2021, respectively, which includes the release of $215.9 million of valuation allowance for deferred tax assets Adjusted net income [...]
EnviroGold Global Ltd. is pleased to announce that the precious, clean-energy & battery metals to be produced at the Company's Hellyer Tailings and Buchans Tailings Reprocessing Projects are expected to show a 96% reduction in greenhouse gas intensity per gold-ounce equivalent produced and an over 80% reduction in energy intensity relative to [...]
Brunswick Exploration Inc. is pleased to announce that it is launching a major, long-term, grassroots lithium exploration program in Quebec and the Maritime provinces, with initial staking of several prospective claim blocks throughout the Southern Abitibi region of Quebec. A total of 618 claims, separated into 12 blocks and totaling 35,440 [...]
EnviroGold Global Ltd. is pleased to announce that it has closed on the first tranche of a non-brokered private placement for gross proceeds of up to C$5,000,000. In connection with the First Tranche, which was significantly supported by management and insiders, including the Board of Directors, the Company issued 2,815,170 Common Shares at a price [...]
Prospera Energy Inc. restructuring and refinancing efforts have been focused on settling historical liabilities to trade creditors and municipalities, resolving numerous environmental and regulatory non-compliance issues, settling outstanding joint venture partners accounts receivables and updating all production facilities to safe and reliable [...]
Monument Mining announced its production and financial results for the second quarter of fiscal 2022 and the six months ended December 31, 2021. All amounts are expressed in United States dollars unless otherwise indicated. President and CEO Cathy Zhai commented, "I am glad that the second quarter progressed the Selinsing Flotation Plant Project to [...]
Highlights Amounts in parentheses refer to the same period in the previous year. Gold production 910.8 kg / 29,283 oz . 2021 Production was in line with the company's forecast. Gold sales 818.5 kg /26,316 oz Consolidated revenue US$ 47.7 mln Net profit after tax US$ 7.1 mln EBITDA US$ 22.5 mln Net cash flow generated from operating activities US [...]
Equinor's Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor's Russian Joint Ventures. "We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world, and we are thinking of all those who are suffering because of the military action," says Anders [...]
Pretium Resources announced that all regulatory approvals required to close the previously announced acquisition of the Company by Newcrest Mining by way of a plan of arrangement have now been received. The receipt of approval under the Investment Canada Act on February 25, 2022 was the final regulatory approval required to close the Transaction [...]
EnviroGold Global Ltd. is covered by Red Cloud Securities. Red Cloud Mining Analyst Koby Kushner, P.Eng, initiated coverage of EnviroGold Global on January 27, 2022 with a "Buy " rating and a target price of C$ 0.70/share. The initiating report, titled "One Mine's Trash is EnviroGold's Treasure", is available via Red Cloud Securities. On February [...]
EURO Ressources S.A. announced its audited statutory financial results prepared in accordance with French Generally Accepted Accounting Principles and its audited financial results prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2021. These audited financial results were approved by the Board [...]
