Sedimentary rocks

Warrior Met Coal Declares Regular Quarterly Cash Dividend

Retrieved on: 
Friday, July 30, 2021
Mining, Minerals, Manufacturing, Coal, Energy, Natural Resources, Steel, Coal, Fuels, Solid fuels, Physical sciences, Energy, Sedimentary rocks, Metallurgical coal, Coke, Coal companies of Australia

Warrior Met Coal, Inc. (NYSE:HCC) (Warrior or the Company) today announced its board of directors has declared a regular quarterly cash dividend of $0.05 per share to be paid on August 16, 2021, to stockholders of record as of the close of business on August 9, 2021.

Key Points: 
  • Warrior Met Coal, Inc. (NYSE:HCC) (Warrior or the Company) today announced its board of directors has declared a regular quarterly cash dividend of $0.05 per share to be paid on August 16, 2021, to stockholders of record as of the close of business on August 9, 2021.
  • Warrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry.
  • It is dedicated entirely to mining non-thermal metallurgical (met) coal used as a critical component of steel production by metal manufacturers in Europe, South America, and Asia.
  • Warrior is a large-scale, low-cost producer and exporter of premium met coal, also known as hard coking coal (HCC), operating highly efficient longwall operations in its underground mines based in Alabama.

Portofino Receives Preliminary Gold Results from the Gold Creek Project Phase 1 Drilling Program

Retrieved on: 
Tuesday, May 11, 2021
Earth sciences, Geology, Sedimentary rocks, Clastic rock, Sedimentology, Conglomerate

A few fine grains of visible gold were noted in the quartz veining.

Key Points: 
  • A few fine grains of visible gold were noted in the quartz veining.
  • This interval included a 0.74m mafic tuff.\nThe results from holes GC-2021-01 and 02 intersected little in significant gold values, however opened a geological window into the environment along the Crayfish Creek Fault.
  • Timiskaming clastic sediments consisting of conglomerate, finer grained clastic sediments and iron formation were intersected in the drilling.
  • The geological setting at the New Road zone provides strong evidence for analogies to Kirkland Lake and Timmins-style gold mineralization.

Aurania Confirms New Discovery That Extends Tiria-Shimpia to 22 Km

Retrieved on: 
Friday, April 30, 2021
Natural sciences, Physical sciences, Branches of biology, Sedimentary rocks, Mineralization, Biomineralization, Sintering

Shimpia North is an extension to the high-grade silver-zinc-lead mineralization at Tiria-Shimpia in the Company\'s Lost Cities - Cutucu Project ("Project") in southeastern Ecuador.

Key Points: 
  • Shimpia North is an extension to the high-grade silver-zinc-lead mineralization at Tiria-Shimpia in the Company\'s Lost Cities - Cutucu Project ("Project") in southeastern Ecuador.
  • This may be the distal expression of the copper/silver -in-sediment system we have traced further to the south across country for 23 kilometres.
  • The siliceous sinters we find at Kuri-Yawi are evidence of the original land surface in the Jurassic, when we expect the mineralizing event took place.
  • The potassium enrichment feature extends approximately 10 km beyond the area investigated so far (Figure 1), providing an invaluable exploration guide to finding possible further extensions of the mineralized system.

Warrior Met Coal Declares Regular Quarterly Cash Dividend

Retrieved on: 
Tuesday, April 27, 2021
Mining, Minerals, Manufacturing, Coal, Energy, Natural Resources, Steel, Fuels, Coal, Solid fuels, Energy, Physical sciences, Metallurgical coal, Sedimentary rocks, Economic geology, Coke

b'Warrior Met Coal, Inc. (NYSE:HCC) (\xe2\x80\x9cWarrior\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced its board of directors has declared a regular quarterly cash dividend of $0.05 per share to be paid on May 12, 2021, to stockholders of record as of the close of business on May 7, 2021.\nWarrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry.

Key Points: 
  • b'Warrior Met Coal, Inc. (NYSE:HCC) (\xe2\x80\x9cWarrior\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced its board of directors has declared a regular quarterly cash dividend of $0.05 per share to be paid on May 12, 2021, to stockholders of record as of the close of business on May 7, 2021.\nWarrior is a U.S.-based, environmentally, and socially minded supplier to the global steel industry.
  • It is dedicated entirely to mining non-thermal metallurgical (met) coal used as a critical component of steel production by metal manufacturers in Europe, South America, and Asia.
  • Warrior is a large-scale, low-cost producer and exporter of premium met coal, also known as hard coking coal (\xe2\x80\x9cHCC\xe2\x80\x9d), operating highly efficient longwall operations in its underground mines based in Alabama.
  • The HCC that Warrior produces from the Blue Creek coal seam contains very low sulfur, has strong coking properties and is of a similar quality to coal referred to as the premium HCC produced in Australia.

Vulcan Industrial Expands to Larger Facility in Pennsylvania

Retrieved on: 
Thursday, April 22, 2021
Paleozoic, Sedimentary rocks, Devonian, Environmental impact of hydraulic fracturing, Hydraulic fracturing, Marcellus Formation, Avro Vulcan

b'HOUSTON, April 22, 2021 /PRNewswire/ -- Vulcan Industrial has expanded into a larger facility in Washington, Pennsylvania to ensure support for its growing business in the Marcellus Shale region.

Key Points: 
  • b'HOUSTON, April 22, 2021 /PRNewswire/ -- Vulcan Industrial has expanded into a larger facility in Washington, Pennsylvania to ensure support for its growing business in the Marcellus Shale region.
  • The 7,550-square-foot facility is serving as a warehouse center for Vulcan\'s industry leading hydraulic fracturing fluid ends and high-performance valves, seats, plungers and other field components.
  • "And the increasing demand for our products in 2021 is a testament to the quantifiable value we\'re bringing.
  • This larger facility is going to help us ensure even stronger support for Northeastern fleets with the products and services they need to keep field operations optimized."

Summit Midstream Partners, LP Schedules First Quarter 2021 Earnings Call

Retrieved on: 
Wednesday, April 14, 2021
Paleozoic, Utica Shale, Prehistory of North America, Utica, New York Stock Exchange, Sedimentary rocks

b'HOUSTON, April 14, 2021 /PRNewswire/ --Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it will report operating and financial results for the first quarter of 2021 on Friday, May 7, 2021, before the start of trading on the New York Stock Exchange.\nSMLP will host a conference call at 10:00 a.m. Eastern on Friday, May 7, 2021, to discuss its quarterly operating and financial results.

Key Points: 
  • b'HOUSTON, April 14, 2021 /PRNewswire/ --Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it will report operating and financial results for the first quarter of 2021 on Friday, May 7, 2021, before the start of trading on the New York Stock Exchange.\nSMLP will host a conference call at 10:00 a.m. Eastern on Friday, May 7, 2021, to discuss its quarterly operating and financial results.
  • Interested parties may participate in the call by dialing 847-585-4405 or toll-free 888-771-4371 and entering the passcode 50148779.
  • SMLP also has an equity investment in Ohio Gathering, which operates extensive natural gas gathering and condensate stabilization infrastructure in the Utica Shale in Ohio.
  • SMLP is headquartered in Houston, Texas.\nThis press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws.

Oil & Gas Deal Value Falls 88% in 1Q21 to $3.4 Billion

Retrieved on: 
Thursday, April 8, 2021
Geology, Sedimentary rocks, Bakken Formation, Western Canadian Sedimentary Basin

The report shows $3.4 billion in deal value was transacted an 88% decline from 4Q20.

Key Points: 
  • The report shows $3.4 billion in deal value was transacted an 88% decline from 4Q20.
  • Q1 deal activity largely focused on production-heavy assets in legacy oil plays.
  • Combined, the Bakken and Eagle Ford accounted for two-thirds of deal value.
  • A strong rally in crude oil prices improving cash flow from these more developed areas likely helped spur the additional buyer interest.

Verde Bio Holdings, Inc. Announces Acquisition of Mineral and Royalty Interests

Retrieved on: 
Thursday, April 8, 2021
Paleozoic, Sedimentary rocks, Devonian, Marcellus Formation, Marcellus, Marcellus natural gas trend

Verde is entitled to the cash flow on both properties from production attributable to the acquisition beginning on or after March 1, 2021.

Key Points: 
  • Verde is entitled to the cash flow on both properties from production attributable to the acquisition beginning on or after March 1, 2021.
  • Currently there are fifteen wells producing across the Verde acreage resulting in approximately $6,500 per month in revenue to Verde.
  • o Natural Gas rich Marcellus Shale Mineral Interests in Ohio County, West Virginia located in the active area of Marcellus.
  • These transactions highlight our business plan of acquiring diversified mineral and royalty portfolios with the current downturn of oil and gas prices.

Warrior Met Coal Remains Committed to Employees

Retrieved on: 
Wednesday, March 31, 2021
Mining, Minerals, Manufacturing, Coal, Energy, Natural Resources, Steel, Coal, Fuels, Solid fuels, Physical sciences, Solids, Sedimentary rocks, Metallurgical coal, Coke

At Warrior Met Coal, we value and appreciate our employees hard work.

Key Points: 
  • At Warrior Met Coal, we value and appreciate our employees hard work.
  • Our priorities have always been keeping people employed with long-lasting careers and ensuring Warrior Met Coal remains financially stable in a particularly volatile coal market.
  • We respect our employees contributions to Warrior Met Coal and will not stop working to reach an agreement.
  • Warrior is a large-scale, low-cost producer and exporter of premium met coal, also known as hard-coking coal (HCC), operating highly efficient longwall operations in its underground mines based in Alabama.

Global $1438.49 Billion Coal, Lignite, and Anthracite Markets, 2015-2020, 2020-2025F, 2030F

Retrieved on: 
Thursday, March 18, 2021
Coal, Organic minerals, Geology, Earth sciences, Petrology, Anthracite, Sedimentary rocks, Lignite, Coal in Australia, Anina Mine

The coal, lignite, and anthracite market consists of sales of coal, lignite, and anthracite by entities (organizations, sole traders and partnerships) that mine bituminous, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques.

Key Points: 
  • The coal, lignite, and anthracite market consists of sales of coal, lignite, and anthracite by entities (organizations, sole traders and partnerships) that mine bituminous, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques.
  • The coal, lignite, and anthracite market is segmented into coal; lignite and anthracite.
  • Asia Pacific was the largest region in the global coal, lignite, and anthracite market, accounting for 80% of the market in 2020.
  • North America was the second largest region accounting for 7% of the global coal, lignite, and anthracite market.