Minerals

Coeur Announces Flow-Through Shares Private Placement to Advance Silvertip Exploration

Retrieved on: 
Monday, February 26, 2024

Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced that it has arranged a private placement (the “Offering”) of 7,704,725 flow-through common shares of the Company that will qualify as “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “flow-through shares”) for gross proceeds of approximately $25 million (C$34 million), resulting in a 27% premium.

Key Points: 
  • Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced that it has arranged a private placement (the “Offering”) of 7,704,725 flow-through common shares of the Company that will qualify as “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the “flow-through shares”) for gross proceeds of approximately $25 million (C$34 million), resulting in a 27% premium.
  • The flow-through shares will be privately placed with investors in certain provinces in Canada pursuant to applicable exemptions from the prospectus requirements.
  • The flow-through shares will only be offered and sold outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended (the “U.S.
  • Securities Act”).

NMG Is Gearing up for Its Phase 2 Commercial Operations in Bécancour – Innovative Workforce Training Program Established and Relationships Forged With Contractors and Suppliers

Retrieved on: 
Monday, February 26, 2024

To meet its expected needs for a skilled workforce, construction contractors, and product and service suppliers, NMG is actively engaged in regional development initiatives in the areas of training and procurement.

Key Points: 
  • To meet its expected needs for a skilled workforce, construction contractors, and product and service suppliers, NMG is actively engaged in regional development initiatives in the areas of training and procurement.
  • View the full release here: https://www.businesswire.com/news/home/20240226491128/en/
    Panasonic Energy and NMG leaders celebrate the new chapter in their collaboration.
  • Launched in 2021, this DVS supports NMG’s training and recruitment efforts for the Phase-1 operations at the Matawinie Mine.
  • The Bécancour Battery Materials Plant is expected to supply the North American market with approximately 43,000 tonnes of active anode material per year.

Genesis Energy, L.P. to Participate in the J.P. Morgan 2024 Global High Yield & Leveraged Finance Conference

Retrieved on: 
Monday, February 26, 2024

Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the J.P. Morgan 2024 Global High Yield & Leveraged Finance Conference in Miami, FL on February 27-28, 2024.

Key Points: 
  • Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the J.P. Morgan 2024 Global High Yield & Leveraged Finance Conference in Miami, FL on February 27-28, 2024.
  • The Partnership’s latest presentation materials are available and may be downloaded by visiting the Partnership’s website at www.genesisenergy.com under “Presentations” under the Investors tab.
  • Genesis’ operations include offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation and marine transportation.
  • Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

Hecla Appoints Director

Retrieved on: 
Monday, February 26, 2024

Hecla Mining Company ( NYSE:HL ) today announced the appointment of Mark P. Board as a Director effective February 23, 2024.

Key Points: 
  • Hecla Mining Company ( NYSE:HL ) today announced the appointment of Mark P. Board as a Director effective February 23, 2024.
  • Mr. Board has been President of M Board Mining Consulting, LLC since 2020.
  • Prior to that, he served as Vice President – Innovation and Technical Services for Hecla Limited, a subsidiary of Hecla Mining Company, from June 2014 until his retirement in June 2020.
  • View the full release here: https://www.businesswire.com/news/home/20240226093687/en/
    Mark Board, Director - Hecla Mining Company (Photo: Business Wire)

Alcoa Announces Agreement With Alumina Limited on Terms and Process to Acquire Alumina Limited in All-Stock Transaction

Retrieved on: 
Sunday, February 25, 2024

Alcoa and Alumina Limited have entered into an exclusivity and transaction process deed (“Process Deed”), and the Alumina Limited Board of Directors has confirmed that, subject to entry into a scheme implementation agreement, it intends to recommend the transaction to Alumina Limited shareholders.

Key Points: 
  • Alcoa and Alumina Limited have entered into an exclusivity and transaction process deed (“Process Deed”), and the Alumina Limited Board of Directors has confirmed that, subject to entry into a scheme implementation agreement, it intends to recommend the transaction to Alumina Limited shareholders.
  • Under the all-scrip, or all-stock, transaction, Alumina Limited shareholders would receive consideration of 0.02854 Alcoa shares for each Alumina Limited share (the “Agreed Ratio”).
  • Under the Process Deed, Alcoa and Alumina Limited intend to finalize and enter into a scheme implementation agreement for the all-scrip transaction (the “Agreement”).
  • Upon completion of the Agreement, Alumina Limited shareholders would own 31.25 percent, and Alcoa shareholders would own 68.75 percent of the combined company.1
    Alcoa is the sole operator of Alcoa World Alumina and Chemicals (AWAC), a joint venture (“JV”) with Alumina Limited.

Electra Participating in Upcoming North American Critical Minerals Industry & Investment Events

Retrieved on: 
Saturday, February 24, 2024

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) is pleased to announce senior management will be participating in the several investment and industry conferences:

Key Points: 
  • Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) is pleased to announce senior management will be participating in the several investment and industry conferences:
    BMO Global Metals, Mining & Critical Minerals Conference, February 25-28
    CEO, Trent Mell, will be available for one-on-one meetings with institutional and industry peers throughout the conference to discuss Electra’s near-term plans.
  • CEO, Trent Mell, will present and, along with Vice President Investor Relations & Corporate Development, Heather Smiles, be available for one-on-one meetings.
  • Senior management, including CEO, Trent Mell, Vice President Investor Relations & Corporate Development, Heather Smiles, and other members of the management team will be attending PDAC and available for one-on-one meetings.
  • CEO, Trent Mell, will present during the Canada Investment Forum, an event co-organized by Natural Resources Canada, Invest in Canada and Global Affairs Canada, at 3:15pm, Monday March 4th, in the Toronto Metro Convention Centre, North Building, Room 105.

Genesis Energy, L.P. Files Form 10-K

Retrieved on: 
Friday, February 23, 2024

Genesis Energy, L.P. (NYSE: GEL) today announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission.

Key Points: 
  • Genesis Energy, L.P. (NYSE: GEL) today announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission.
  • A copy of this Form 10-K may be found on the Partnership’s website at https://www.genesisenergy.com/investors/sec-filings .
  • A hard copy of the Form 10-K may be requested free of charge by emailing [email protected] .
  • Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

TechnipFMC Announces Fourth Quarter 2023 Results

Retrieved on: 
Thursday, February 22, 2024

Surface Technologies reported fourth quarter revenue of $357.2 million, an increase of 2.5 percent from the third quarter, driven by higher activity in international and North America markets, with both benefiting from higher wellhead equipment sales.

Key Points: 
  • Surface Technologies reported fourth quarter revenue of $357.2 million, an increase of 2.5 percent from the third quarter, driven by higher activity in international and North America markets, with both benefiting from higher wellhead equipment sales.
  • Results in the period were negatively impacted by $3.3 million of higher restructuring, impairment and other charges.
  • Surface Technologies reported adjusted EBITDA of $52.5 million, an increase of 5.2 percent when compared to the third quarter.
  • The Company will host a teleconference on Thursday, February 22, 2024 to discuss the fourth quarter 2023 financial results.

Superior Drilling Products to Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on March 7

Retrieved on: 
Thursday, February 22, 2024

Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or “Company”), a designer and manufacturer of drilling tool technologies, today announced that it will release its fourth quarter and full year 2023 financial results before the opening of financial markets on Thursday, March 7, 2024.

Key Points: 
  • Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or “Company”), a designer and manufacturer of drilling tool technologies, today announced that it will release its fourth quarter and full year 2023 financial results before the opening of financial markets on Thursday, March 7, 2024.
  • The Company will host a conference call and webcast that day to review the financial and operating results and discuss its corporate strategy and outlook.
  • Internet Webcast and accompanying slide presentation: sdpi.com
    A telephonic replay will be available from 2:00 p.m. MT (4:00 p.m.
  • The webcast replay can be accessed via the investor relations section at sdpi.com , where a transcript will also be posted once available.