Minerals

Newmont Completes $20 Million Global Community Support Fund, Partnering with Communities for Greater Resilience Post-Pandemic

Retrieved on: 
Friday, April 5, 2024

The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.

Key Points: 
  • The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.
  • $500,000 donation matched by the Colorado Health Foundation resulting in a $1 million total donation to the Colorado Community Support Fund to support community health and prevention for underserved populations in the state.
  • $300,000 donated to the American Red Cross Global Disaster Preparedness Center to support research and local-level grants for emergency response community resilience.
  • Crown Agents is proud to collaborate with Newmont and the Ministry of Health to contribute to the health and resilience of Suriname."

Update to 2023 K-1 Tax Packages for Genesis Energy, L.P.

Retrieved on: 
Friday, April 5, 2024

Genesis Energy, L.P. (NYSE: GEL) today announced that a revised 2023 State Schedule, included as part of the 2023 K-1 tax packages, is now available online.

Key Points: 
  • Genesis Energy, L.P. (NYSE: GEL) today announced that a revised 2023 State Schedule, included as part of the 2023 K-1 tax packages, is now available online.
  • This state schedule, along with a description of the update, will also be mailed to our unitholders.
  • Investors can obtain their full Schedule K-1 tax package, including the corrected state allocations, at the K-1 Tax Package Support website at www.taxpackagesupport.com/Genesis or through the K-1 Tax Information link on our website at www.genesisenergy.com .
  • Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

Sierra Metals Announces Intention to List on the Lima Stock Exchange

Retrieved on: 
Thursday, April 4, 2024

Sierra Metals Inc. (TSX: SMT | OTCQX: SMTSF) (“Sierra Metals” or the “Company”) announces that the Company will commence a process to obtain a secondary listing of common shares on the Bolsa de Valores de Lima ("BVL" or the “Lima Stock Exchange”).

Key Points: 
  • Sierra Metals Inc. (TSX: SMT | OTCQX: SMTSF) (“Sierra Metals” or the “Company”) announces that the Company will commence a process to obtain a secondary listing of common shares on the Bolsa de Valores de Lima ("BVL" or the “Lima Stock Exchange”).
  • The process is expected to take up to four months to complete.
  • Ernesto Balarezo, CEO of Sierra Metals, commented, “The BVL is part of the Latin American Integrated Market (MILA) which is an agreement among the Chilean, Colombian, Mexican, and Peruvian stock exchanges.
  • Our potential listing on the BVL should increase Sierra’s potential investor exposure and market liquidity, giving access to participate in the Company’s growth plans to Latin American funds, institutions, retail investors, and Peruvian pension funds, that have estimated assets under management of over US$50 billion, of which 50% must be invested in Peru.”

AECOM consortium selected to deliver Australia’s M80 Ring Road Completion

Retrieved on: 
Thursday, April 4, 2024

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that the Victoria State Government has appointed AECOM, in partnership with Acciona and MACA Civil, as alliance non-owner participants to design and construct Australia's M80 Ring Road Completion between Plenty Road and the North East Link in Watsonia, Melbourne.

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that the Victoria State Government has appointed AECOM, in partnership with Acciona and MACA Civil, as alliance non-owner participants to design and construct Australia's M80 Ring Road Completion between Plenty Road and the North East Link in Watsonia, Melbourne.
  • AECOM will serve as the lead consultant and the only designer of the alliance and will play a central role in delivering the professional and technical services for the planning and design of permanent works.
  • “We’re excited to deliver this transformative project that will change how people move around Melbourne and deliver positive outcomes for communities and the environment,” said Mark McManamny, chief executive of AECOM’s Australia and New Zealand region.
  • In its role, AECOM will aim to achieve positive social outcomes through supplier engagement with First Nations people and businesses, as well as with people and businesses from local areas of social and economic disadvantage.

Sitio Royalties Schedules First Quarter 2024 Earnings Call

Retrieved on: 
Wednesday, April 3, 2024

Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the first quarter of 2024 on Wednesday, May 8, 2024, after the close of trading on the New York Stock Exchange.

Key Points: 
  • Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the first quarter of 2024 on Wednesday, May 8, 2024, after the close of trading on the New York Stock Exchange.
  • Sitio will host a conference call at 8:30 a.m. Eastern on Thursday, May 9, 2024 to discuss its first quarter 2024 operating and financial results.
  • Participants can access the call by dialing 1-833-470-1428 in the United States, or 1-404-975-4839 in other locations, with access code 994633, or by webcast at https://events.q4inc.com/attendee/623060425 .
  • The conference call, live webcast, and replay can also be accessed through the Investor Relations section of Sitio’s website at www.sitio.com .

NOG Publishes 2022 ESG Report

Retrieved on: 
Wednesday, April 3, 2024

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it published its Environmental, Social and Governance (“ESG”) Report for the year ended December 31, 2022.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it published its Environmental, Social and Governance (“ESG”) Report for the year ended December 31, 2022.
  • The report highlights NOG’s commitment to enhancing its ESG reporting standards and numerous initiatives to advance its ESG program.
  • “NOG holds a unique place in the E&P world as a non-operator,” commented Nick O’Grady, NOG’s Chief Executive Officer.
  • NOG’s 2022 ESG Report is available on the Company’s website under the Sustainability section.

New Found Reports Positive Phase 1 Metallurgical Test Results Demonstrating 90% to 96% Gold Extraction at Queensway

Retrieved on: 
Wednesday, April 3, 2024

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    Phase I metallurgical testing commenced in 2023 and focused on three mineralized zones – Keats Main, Golden Joint, and Lotto.
  • Weighted average gold extraction on all 116 Variability Composite samples, broken out by the five cross sections shown in Figures 1-6, range from 90% to 96%.
  • Gold extraction across the three zones tested in Phase I demonstrates similar metallurgical characteristics and achieved similar extractions from both gravity and CIL.
  • Metallurgical test work at Queensway has been designed and supervised by Gary Simmons (MMSA QP Number: 01013QP) as an independent consultant.

Metals Acquisition Limited Announces Non-Executive Director Resignation

Retrieved on: 
Wednesday, April 3, 2024

Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC), a private limited company incorporated under the laws of Jersey, Channel Islands (“MAC” or the “Company”) advises that Mr Rhett Bennett, has resigned from his position as a Non-Executive Director of the Company, with immediate effect.

Key Points: 
  • Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC), a private limited company incorporated under the laws of Jersey, Channel Islands (“MAC” or the “Company”) advises that Mr Rhett Bennett, has resigned from his position as a Non-Executive Director of the Company, with immediate effect.
  • It is in this context that Mr Bennett offered his resignation.
  • The Board has commenced a process to identify and recruit additional directors that align with the diversification objectives of the Company.
  • MAC’s Chair, Patrice Merrin, stated “Rhett has contributed immensely both to the Board and the Company during his tenure.

Discovery Channel’s “Hoffman Family Gold” Crew are New North American Ambassadors for TrackGrip Excavator Track Attachments

Retrieved on: 
Monday, April 8, 2024

Mud, rock, ice, permafrost or mountainous forests: the toughest terrain and harshest conditions are no match for TrackGrip attachments.

Key Points: 
  • Mud, rock, ice, permafrost or mountainous forests: the toughest terrain and harshest conditions are no match for TrackGrip attachments.
  • View the full release here: https://www.businesswire.com/news/home/20240403457374/en/
    MightyGrip fitted on the excavator.
  • Normally, welding lugs onto the track can take days, but TrackGrips can be installed in about 90 minutes.
  • TrackGrip excavator attachments are designed with sideways protection to prevent sliding.

Mesa Royalties III Announces Mineral and Royalty Acquisition in the Haynesville Shale Play

Retrieved on: 
Wednesday, April 3, 2024

Mesa Royalties III Holdings, LLC and affiliates (“Mesa”) is pleased to announce its acquisition of oil and gas mineral and royalty interests (“the Acquisition”) in the Haynesville shale play from an undisclosed private seller.

Key Points: 
  • Mesa Royalties III Holdings, LLC and affiliates (“Mesa”) is pleased to announce its acquisition of oil and gas mineral and royalty interests (“the Acquisition”) in the Haynesville shale play from an undisclosed private seller.
  • The Acquisition included approximately 6,200 net royalty acres across various counties and parishes in the core of the Haynesville shale play.
  • The Acquisition includes approximately 253 gross and 2.0 net producing wells operated by top operators Aethon, Southwestern, and Chesapeake.
  • Pro-forma following this acquisition Mesa will now own over 11,000 net royalty acres in the Haynesville shale play and plan to continue to aggregate to scale the position.”
    Weil, Gotshal & Manges LLP served as legal counsel for Mesa on the transaction.