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Monument Mining Ltd. provides an update on its wholly owned Selinsing Gold Mine in Pahang State, Malaysia. CEO and President Cathy Zhai said: “Selinsing is our primary gold producing project. We continue to work hard on several financing alternatives to upgrade the Selinsing Gold processing plant that will treat sulphide ore, bringing the new life [...]
International Petroleum Corp. is pleased to announce that William Lundin has been appointed as Chief Operating Officer of IPC, effective as of December 1, 2020. Mike Nicholson, Chief Executive Officer of IPC comments: “William has worked in the engineering and production operations departments at IPC in Canada and prior to that, worked for [...]
Dynacor Gold Mines Inc. is pleased to announce the appointment of Philippe Chave, CEO of PX Group SA to its Board of Directors effective immediately. “We are thrilled to see Philippe join Dynacor’s Board of Directors,” states Jean Martineau, President and CEO of Dynacor. “Philippe’s proven business and development skills in a global landscape, his [...]
Euro Manganese Inc. is pleased to announce that, at a Special Meeting of shareholders held on August 19, 2020, shareholders have approved each of the following resolutions: for the purpose of Listing Rule 7.4 of the Australian Stock Exchange , the issuance of common shares of the Company and CHESS Depositary Interests to non-related parties of the [...]
Aben Resources Ltd. is pleased to announce that they have commenced drilling at the Forrest Kerr Gold Project located in the Golden Triangle region of NW British Columbia. The drill program is designed to test a new area with high-grade surface samples from outcrop. PROGRAM HIGHLIGHTS High-grade surface samples returned values ranging from 10.0 to [...]
Multiple areas to be drilled as part of ongoing district expansion program Highlights1: Drilling commenced at Bayan Khundii on Monday, August 17 with a second drill rig scheduled to be operating the week of August 24 Phase I includes ~ 8,700 metres of drilling at Bayan Khundii and Dark Horse The first drill rig is focused on BK with drill plans for [...]
Magellan Gold Corp. today announced that the Company has posted the bond required under its permit from the U.S. Forest Service to reopen portals at the Center Star Gold Mine in Idaho. With bond placed, Magellan has hired a contractor to commence work immediately. This includes rehabilitating roads leading to the Center Star Gold Mine and reopening [...]
Komet Resources Inc. and Osisko Metals Inc. are pleased to announce that they have entered into an Option Agreement whereby Komet can acquire a majority interest in Osisko Metals’ Brunswick Belt exploration property , located in the eastern portion of the Bathurst Mining Camp in the Bathurst area in New Brunswick . The Property covers 72 kilometres [...]
Oslo, 17 August 2020 – DNO ASA, the Norwegian oil and gas operator, today purchased USD 4 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 104.50. Following the bond buyback, USD 10.2 million in nominal value of the FAPE01 bonds remain [...]
Comstock Resources Inc. announced today that it has priced its public offering of $300 million of its 9.75% Senior Notes due 2026 . The Notes were priced at 100.5% of par. The size of the offering was increased from the previously announced $200 million to $300 million. The offering is expected to close on August 19, 2020, subject to customary [...]
Comstock Resources Inc. announced today that it intends, subject to market conditions, to offer an additional $200 million of its 9.75% senior unsecured notes due 2026 in a registered underwritten offering. The Notes are a further issuance of the 9.75% senior unsecured notes due 2026, of which $500 million aggregate principal amount was issued on [...]
Fortuna Silver Mines Inc. today reported net loss of $5.7 million, adjusted EBITDA of $9.4 million, and free cash flow from ongoing operations of $0.2 million for the second quarter of 2020. Jorge A. Ganoza, President and CEO, commented, “Although the unprecedented volatility and government mandated shutdowns during the second quarter have resulted [...]
