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First Quantum Minerals Ltd. today announced that its production and sales remain stable in the current environment and maintains its production guidance for the year. “Our key priorities are the health of our employees and to ensure the business remains robust in the midst of a challenging commodity price environment,” stated Philip Pascall, CEO [...]
Equinor is under the current market conditions suspending buy-back under the share buy-back programme until further notice. Additionally, Equinor has started to implement measures to reduce operating costs, capex and exploration spend. An updated outlook is expected to be presented to the market by the end of March 2020. "As a result of significant [...]
Fortuna Silver Mines Inc. announces that in the evening of March 19, 2020, the Government of Argentina declared effective at midnight a period of mandatory national “social isolation” in relation to COVID-19, effective until March 31, 2020. The Company is proceeding to orderly and safely demobilize its workforce at the Lindero gold Project in Salta [...]
Nouveau Monde Graphite Inc. : is pleased to announce an updated pit-constrained Mineral Resource Estimate for its West Zone Deposit, located in the Tony Claim Block, which is part of its Matawinie graphite property. This update follows a drilling campaign completed in the fall of 2019 . Highlights: Identification of 24.5 Mt of Measured Resources [...]
Canadian Natural Resources Ltd. is providing a corporate update on its capital flexibility and its continued focus on effective and efficient operations. Canadian Natural is well positioned through the current global COVID-19 challenges, due to our significant long life low decline asset base that has 27.8 years of reserve life based on proved [...]
Oslo, 18 March 2020: Reference is made to Yara’s stock exchange release dated 7 February 2020. Yara’s Board of Directors will propose to the Annual General Meeting that the company’s share capital is reduced by NOK 7,259,680, and will propose a dividend payment of NOK 15.00 per share for 2019. The Board of Directors will propose that the share [...]
Oslo, 18 March 2020: Yara has today published its 2019 Annual Report, including complete 2019 Annual Accounts with notes. The report is available on Yara’s website: www.yara.com/2019 Contact: Thor Giæver, Investor Relations Mobile: 480 75 356 E-mail: thor.giaver@yara.com Kristin Nordal, Media Relations Mobile: 900 15 550 E-mail [...]
Oslo, 18 March 2020 - DNO ASA, the Norwegian oil and gas operator, today announced a 30 percent or USD 300 million reduction in its 2020 budget to shore up its balance sheet in the face of unprecedented market convulsions and plunging oil prices triggered by the coronavirus pandemic. Steps have already been taken to suspend most discretionary [...]
Fortuna Silver Mines Inc. reports today that it has been closely monitoring the effects of the spread of the coronavirus respiratory disease , particularly in the jurisdictions that host our mining operations. The rapid worldwide spread of COVID-19 is prompting governments to incrementally implement restrictive measures in an attempt to curb?the [...]
Mandalay Resources Corp. is pleased to announce that it has entered into a credit agreement with HSBC Bank Canada and Macquarie Bank Limited providing for a senior secured revolving credit facility in an aggregate amount of up to US$25 million and a senior secured term credit facility in an aggregate amount of up to US$40 million . The Syndicated [...]
Fortuna Silver Mines Inc. today reported full year 2019 net income of $23.8 million, adjusted net income of $28.4 million, and adjusted EBITDA of $95.4 million. Jorge A. Ganoza, President and CEO, commented, “Our production results and cost execution were in-line with our guidance for 2019 generating a strong EBITDA margin of 37% and free cash flow [...]
Pretium Resources Inc. announces an updated Mineral Reserve , Mineral Resource and Life of Mine plan for the Brucejack Mine , which highlight the continued robust economics of the long-life underground operation. The effective date of the 2020 Mineral Reserve and 2020 Mineral Resource is January 1, 2020. The 2020 Updates will be detailed in a [...]
