MARA

Pan American Silver Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports unaudited results for the quarter ended September 30, 2023 ("Q3 2023").

Key Points: 
  • Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports unaudited results for the quarter ended September 30, 2023 ("Q3 2023").
  • Silver production was at the low end and gold production was slightly below management's guidance ranges for Q3 2023.
  • Silver Segment Cash Costs and All-in Sustaining Costs ("AISC") per silver ounce of $13.13 and $18.19, respectively.
  • A cash dividend of $0.10 per common share with respect to Q3 2023 was declared on November 7, 2023, payable on or about December 1, 2023, to holders of record of Pan American’s common shares as of the close of markets on November 20, 2023.

dsm-firmenich achieves regulatory clearance in China for two HMO ingredients for early life nutrition

Retrieved on: 
Tuesday, October 10, 2023

This approval is a significant milestone as it will create new opportunities for innovation in the field of early life nutrition and make the unique benefits of HMOs accessible to infants and young children in China.

Key Points: 
  • This approval is a significant milestone as it will create new opportunities for innovation in the field of early life nutrition and make the unique benefits of HMOs accessible to infants and young children in China.
  • "We are extremely pleased to be able to announce this huge milestone for the China infant formula market and dsm-firmenich," says James Young, Vice-President of Early Life Nutrition at dsm-firmenich.
  • Christoph Röhrig, Head of HNC Glycans & HMO Regulatory Affairs at dsm-firmenich added: "We followed a rigorous regulatory process to ensure all safety and health requirements were met.
  • With this breakthrough approval of two of our leading HMO ingredients in China, we are now able to offer two very important HMOs to the domestic infant nutrition market."

Twiga Partnership Shows the Transformative Impact of Mining, Says Barrick

Retrieved on: 
Friday, September 29, 2023

NORTH MARA GOLD MINE, Tanzania, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) and the Tanzanian government are demonstrating how mining can be an enormous force for good when miners and their host governments work together to create sustainable value for all stakeholders, says president and chief executive Mark Bristow.

Key Points: 
  • Since taking over the two moribund mines in 2019, Barrick has transformed them into a world-class gold mining complex making a substantial contribution to the company’s bottom line.
  • The mines spent 84% of their procurement budgets with local companies, and Tanzanian citizens account for 96% of their workforce.
  • In the same spirit of partnership, Barrick has committed $40 million to a roadbuilding program and a further $30 million to the improvement of the country’s education facilities.
  • “Our Twiga partnership is not only adding value to the Tanzanian economy but to the quality of the lives of the communities around its mines as they continue to grow.

Pan American Silver completes the divestment of MARA and Morococha

Retrieved on: 
Monday, September 25, 2023

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") has completed the previously announced divestment of its 56.25% interest in the MARA project in Argentina and its 92.3% interest in the Morococha mine in Peru.

Key Points: 
  • Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") has completed the previously announced divestment of its 56.25% interest in the MARA project in Argentina and its 92.3% interest in the Morococha mine in Peru.
  • The sale of these non-core assets is aligned with Pan American's stated aim of optimizing its portfolio following the acquisition of Yamana Gold Inc.
  • The transactions will allow Pan American to reduce its annual project development, reclamation and care and maintenance costs, which for the MARA project and Morococha amounted to US$15.7 million in the second quarter of 2023.
  • Under the terms of the agreement for the MARA sale, Glencore International AG ("Glencore") paid US$475 million, in cash and granted to Pan American a life-of-mine copper net smelter return royalty of 0.75%, with the right for Pan American to freely transfer the royalty.

Milliman Advanced Risk Adjusters introduces social deprivation indicator model to better understand community conditions on population health

Retrieved on: 
Monday, August 21, 2023

SEATTLE, Aug. 21, 2023 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, has released the MARA SDXPLN, a Social Deprivation Indicator model that can be used to better understand the impact of community conditions on population health.

Key Points: 
  • SEATTLE, Aug. 21, 2023 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, has released the MARA SDXPLN, a Social Deprivation Indicator model that can be used to better understand the impact of community conditions on population health.
  • MARA SDXPLN is available in the Milliman Advanced Risk Adjusters® (MARA) software, a platform-independent product that fuels population health analytics.
  • As healthcare continues to evolve, it is important for healthcare decision makers to have a baseline understanding of the community conditions that explain social deprivation.
  • To learn more about all of the models and features of the MARA software, including SDXPLN, please contact [email protected] or visit Milliman Advanced Risk Adjusters (MARA) | Milliman | Worldwide .

Pan American Silver reports second quarter 2023 results, demonstrating the transformative impact of the Yamana acquisition

Retrieved on: 
Wednesday, August 9, 2023

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today reported unaudited results for the quarter ended June 30, 2023 ("Q2 2023"), inclusive of the assets acquired through the Yamana Gold Inc. ("Yamana") transaction, which closed on March 31, 2023.

Key Points: 
  • Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today reported unaudited results for the quarter ended June 30, 2023 ("Q2 2023"), inclusive of the assets acquired through the Yamana Gold Inc. ("Yamana") transaction, which closed on March 31, 2023.
  • "Our Q2 2023 results show the significant enhancement in the scale and quality of our portfolio following the strategic acquisition of Yamana.
  • Pan American is well positioned to build on the momentum for growth and deliver returns to shareholders," added Mr. Steinmann.
  • Silver production is estimated to be between 21 million and 23 million ounces and gold production between 870 thousand to 970 thousand ounces in 2023.

IFG Wins Landmark IP Case in China

Retrieved on: 
Thursday, July 20, 2023

The infringement involved IFG’s proprietary grape varietal IFG Six, sold under the trademark SWEET SAPPHIRE™ (IFG variety name "IFG Six"; Chinese variety name “IFG六” and Chinese trademark 甜蜜蓝宝石™).

Key Points: 
  • The infringement involved IFG’s proprietary grape varietal IFG Six, sold under the trademark SWEET SAPPHIRE™ (IFG variety name "IFG Six"; Chinese variety name “IFG六” and Chinese trademark 甜蜜蓝宝石™).
  • Starting in 2020, IFG launched a series of evidence preservation and administrative complaints against infringing sales of propagation and harvested material of IFG varieties.
  • IFG aims to eliminate the illegal plantations of and unauthorized trading in, IFG varieties in China to protect the legitimate rights and interests of IFG and its licensed growers, marketers, and distributors worldwide.
  • IFG intends to continue proactively seeking cooperation with authorities in China to combat infringement activities and safeguard the commercial interests of itself and its licensees.

MARA LAWSUIT ALERT: Levi & Korsinsky Notifies Marathon Digital Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on: 
Tuesday, May 30, 2023

NEW YORK, May 30, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Marathon Digital Holdings, Inc. ("Marathon" or the "Company") (NASDAQ: MARA) of a class action securities lawsuit.

Key Points: 
  • NEW YORK, May 30, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Marathon Digital Holdings, Inc. ("Marathon" or the "Company") (NASDAQ: MARA) of a class action securities lawsuit.
  • CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Marathon investors who were adversely affected by alleged securities fraud between May 10, 2021 and February 28, 2023.
  • Follow the link below to get more information and be contacted by a member of our team:
    MARA investors may also contact Joseph E. Levi, Esq.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

Gen Z Investors Love Crypto, Gold and Banking Stocks, According to New Apex Q1 2023 Investor Study

Retrieved on: 
Wednesday, June 7, 2023

The study utilizes data from Apex Fintech Solutions (“Apex”), the fintech for fintechs powering innovation and the future of digital wealth management.

Key Points: 
  • The study utilizes data from Apex Fintech Solutions (“Apex”), the fintech for fintechs powering innovation and the future of digital wealth management.
  • The study revealed trend-bucking data, including increased Gen Z demand for both gold and crypto as well as strong millennial interest in buying bank stocks amidst uncertainty in the banking industry.
  • View the full release here: https://www.businesswire.com/news/home/20230531005239/en/
    The top 30 tickers by generation in Q1 2023.
  • The following data refers to the rankings of the most commonly held securities at Apex by generation in Q1 2023.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Marathon Digital Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 30, 2023 – (NASDAQ: MARA)

Retrieved on: 
Thursday, May 25, 2023

Appointment as lead plaintiff is not required to partake in any recovery.

Key Points: 
  • Appointment as lead plaintiff is not required to partake in any recovery.
  • DEADLINE: May 30, 2023 Shareholders should not delay in registering for this class action.
  • The deadline to seek to be a lead plaintiff is May 30, 2023.
  • The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.