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Fortuna Silver Mines Inc. is pleased to announce changes in its management team effective September 1, 2021. Cesar E. Velasco, Country Head Peru, has been appointed Chief Operating Officer, Latin America. Cesar has been with Fortuna since 2018 and is the designated leader for the Fortuna-Roxgold integration. A skilled executive with 23 years of [...]
August 30, 2021; Oslo, Norway, reference is made to PGS ASA convertible bond loan with ISIN NO0010920697 in the aggregate amount of NOK 116,162,097 issued in Q1 2021. The Company has received conversion notices from convertible bondholders representing NOK 6,788,637 in this bond issue to convert 6,788,637 bonds into shares with a conversion price [...]
Financial Highlights Consolidated revenue US$ 22.9 mln . Net profit after tax US$ 3.7 mln . EBITDA US$ 10.6 mln . Net cash flow generated from operating activities US$ 10.7 mln . In June 2021, further improvements of the terms of the VTB loan facility: the interest rate was reduced to 3 months LIBOR plus 3.7% and the compulsory "cash sweep" was [...]
Oslo, 26 August 2021 - DNO ASA, the Norwegian oil and gas operator, today released its 2020 Corporate Social Responsibility Report. The report is attached as a downloadable file and is also available on the Company's website www.dno.no. - For further information, please contact: Media: media@dno.no Investors: investor.relations@dno.no - [...]
August 26, 2021 The latest PGS MegaSurvey data reveals Tano Basin prospectivity from shelf to deep water and supplements our continuous data coverage from Côte d'Ivoire to Nigeria. This data package from PGS enables regional exploration across the West African Transform Margin. Phase two of our CDI MegaSurvey data adds 9 897 sq. km of 3D and 24 632 [...]
25 August 2021 - DNO ASA, the Norwegian oil and gas operator, today announced it has engaged Pareto Securities AS as Global Coordinator and Joint Lead Manager together with Danske Bank and SEB as Joint Lead Managers to arrange fixed income investor meetings. Subject to market conditions and acceptable terms, a new USD 300 million senior unsecured [...]
Magellan Gold Corp. is pleased that work has commenced on reopening the upper portal at its flagship Center Star Gold Mine project in Idaho. "We are anxious to get the upper portal opened to get access to two veins that were described in a 1982 geological report that noted two previously unknown veins that were intersected while driving the drift [...]
Benjamin Hill Mining Corp. is pleased to confirm that assays of channel samples collected underground in the Guadalupe and Cascabel adits have confirmed the presence of gold and copper mineralization in the subsurface. No previous documentation on assay values or production numbers are known or available for the two adits. The underground work now [...]
Auriant Mining AB is pleased to announce that the Company's H1 2021 interim report will be published on Monday, August 30th. This will be followed by a ZOOM Conference for analysts and investors with Danilo Lange , Vladimir Vorushkin and Petr Kustikov , who will be presenting Auriant Mining's H1 2021 results as well as hosting a Q&A session. The [...]
PGS has completed the acquisition of a new GeoStreamer X survey in the UK sector of the North Sea over the Kraken field, East of Shetland. Ramform Vanguard acquired the MultiClient survey, covering two new azimuths of 200 sq. km, in July 2021. First GeoStreamer X data will be available Q2 2022. GeoStreamer X is an advanced high-density [...]
An additional 1000 sq. km of reprocessed 3D data from OPL 248 is now available. This completes the PGS Niger Delta 2020 Reprocessing package and is well-timed for a reassessment of Nigerian offshore exploration opportunities. On Monday 16 August, Nigerian President Muhammadu Buhari signed into law the much-awaited Petroleum Industry Bill , 2021 [...]
Atico Mining Corp. today announced its financial results for the three months ended June 30, 2021 , posting income from mining operations of $4.9 million and a net income of $0.6 million. Fernando E. Ganoza, CEO and Director, commented, "Similarly to the previous quarter, the challenging situation in country and severe weather conditions resulted [...]