Mining

Granite Announces New York Stock Exchange Listing Extension

Friday, September 18, 2020 - 10:00pm

The Company can regain compliance at any time before that date by filing its 2019 Form 10-K and 2020 Form 10-Qs with the SEC.

Key Points: 
  • The Company can regain compliance at any time before that date by filing its 2019 Form 10-K and 2020 Form 10-Qs with the SEC.
  • The NYSE will continue to closely monitor the Companys restatement process and timing, and could initiate accelerated trading suspension prior to the end of the six-month extension if that process fails to progress satisfactorily during the extension.
  • Granites Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards.
  • For more information, visit graniteconstruction.com , and connect with Granite on LinkedIn , Twitter , Facebook and Instagram .

Dynacor Provides Gold Ore-Processing Operational Update

Friday, September 18, 2020 - 2:05pm

MONTREAL, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation), an international leading ore purchasing and processing corporation servicing artisanal and small-scale miners (ASM), provides an update from its Veta Dorada plant in southern Peru.

Key Points: 
  • MONTREAL, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation), an international leading ore purchasing and processing corporation servicing artisanal and small-scale miners (ASM), provides an update from its Veta Dorada plant in southern Peru.
  • For July and August 2020, Dynacor purchased 14,224 tons of gold ore and produced 8,625 ounces.
  • Gold ore purchases in June, July and August 2020 are 4,044, 6,075 and 8,149 tons of gold ore, respectively.
  • Dynacor produces environmental and socially responsible gold through its PX IMPACT gold program.

San Juan Basin Royalty Trust Declares No Cash Distribution for September 2020

Friday, September 18, 2020 - 2:00pm

BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the Trust) (NYSE:SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the Unit Holders) due to prior excess production costs from the April 2020 production month.

Key Points: 
  • BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the Trust) (NYSE:SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the Unit Holders) due to prior excess production costs from the April 2020 production month.
  • Hilcorp will charge the remaining excess production costs of $92,003 gross ($69,003 net to the Trust) to the next months distribution.
  • Cash reserves will be utilized to pay Trust administrative expenses of $87,207 for the month.
  • No cash distributions will be distributed by the Trust until future net proceeds are sufficient to pay then-current Trust liabilities and replenish cash reserves.

United States Steel Corporation Provides Third Quarter 2020 Guidance

Friday, September 18, 2020 - 1:30pm

United States Steel Corporation (NYSE: X) today provided third quarter 2020 guidance.

Key Points: 
  • United States Steel Corporation (NYSE: X) today provided third quarter 2020 guidance.
  • Third quarter 2020 adjusted EBITDA is expected to be approximately ($100) million.
  • The Company expects third quarter 2020 adjusted diluted loss per share to be approximately ($1.45).
  • References to "we," "us," "our," the "Company," and "U. S. Steel," refer to United States Steel Corporation and its consolidated subsidiaries.

Insights on the High Pressure Grinding Roller Global Market to 2026 - Potential Drivers and Opportunities - ResearchAndMarkets.com

Friday, September 18, 2020 - 12:24pm

The trends underpinning the profitability of High Pressure Grinding Roller companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with High Pressure Grinding Roller industry trends.

Key Points: 
  • The trends underpinning the profitability of High Pressure Grinding Roller companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with High Pressure Grinding Roller industry trends.
  • To assist High Pressure Grinding Roller manufacturers and vendors to formulate their strategies and analyze their business in the global front, the publisher has published its 2020 series of High Pressure Grinding Roller market size, share, opportunities, and outlook to 2026.
  • It presents the strategies being adopted by leading High Pressure Grinding Roller companies, emerging market trends, High Pressure Grinding Roller market drivers, challenges, and potential opportunities to 2026.
  • Further, High Pressure Grinding Roller market revenue and market shares in global industry are forecast across different types of High Pressure Grinding Roller, applications, and end-user segments of High Pressure Grinding Roller and across 18 countries.

SSR Mining Provides Updated Full Year 2020 Outlook of 680,000 to 760,000 Gold Equivalent Ounces at AISC of $965 to $1,040 per Ounce

Friday, September 18, 2020 - 12:00pm

Gold production from pler was 167,212 ounces through June 30, 2020 at mine site AISC of $744 per ounce.

Key Points: 
  • Gold production from pler was 167,212 ounces through June 30, 2020 at mine site AISC of $744 per ounce.
  • The 2020 pler production outlook is unchanged, with gold production expected to be 310,000 to 360,000 ounces.
  • Gold production from Marigold was 108,366 ounces through June 30, 2020 at mine site AISC of $1,319 per ounce.
  • Gold production from Seabee was 29,521 ounces through June 30, 2020 at mine site AISC of $982 per ounce.

Conic Adds C$6.9 Million in Cash

Thursday, September 17, 2020 - 9:00pm

Conic Metals Corp. (Conic or the Company) (TSXV: NKL) is pleased to announce that it has added C$6.9 million of cash to its balance sheet by, after approval of its independent board members, monetizing the 3.98 million shares that the Company owned in Giga Metals Corp. (Giga Shares).

Key Points: 
  • Conic Metals Corp. (Conic or the Company) (TSXV: NKL) is pleased to announce that it has added C$6.9 million of cash to its balance sheet by, after approval of its independent board members, monetizing the 3.98 million shares that the Company owned in Giga Metals Corp. (Giga Shares).
  • Conic has significantly improved its balance sheet with the execution of this sale, stated Justin Cochrane, Conics President & CEO.
  • Following the sale, the Company now has approximately US$8.2 million of consolidated cash.
  • Conic holds an 8.56% joint-venture interest in the producing, long-life and world-class Ramu Nickel-Cobalt Operation located in Papua New Guinea which provides Conic with significant attributable nickel and cobalt production.

Canada Invests in Innovative Technology for the Canadian Mining Industry

Thursday, September 17, 2020 - 5:00pm

SASKATOON, SK, Sept. 17, 2020 /CNW/ - Canada's mining and minerals industry is important to communities across the country.

Key Points: 
  • SASKATOON, SK, Sept. 17, 2020 /CNW/ - Canada's mining and minerals industry is important to communities across the country.
  • This will be more important than ever as we reopen the economy and plan our recovery from the COVID-19 crisis.
  • The Honourable Seamus O'Regan, Canada's Minister of Natural Resources, today announced a $1.6-million investment for the development of an active clay analyzer for the Canadian mining industry.
  • This project is funded through Natural Resources Canada's Clean Growth Program , which invests in clean technology research and development projects in Canada's energy, mining and forest sectors.

Nevada Remains One of the Best Mining Jurisdictions on Earth and Producers and Explorers are Thriving

Thursday, September 17, 2020 - 1:30pm

As a result, there has been a renewed focus on the epicentre of gold and silver mining in the United States - Nevada.

Key Points: 
  • As a result, there has been a renewed focus on the epicentre of gold and silver mining in the United States - Nevada.
  • Over the course of the state's long mining industry history, Nevada has built up world-class mining infrastructure throughout the state.
  • The sheer size of the Nevada mining industry assures that the state is home to a strong mining workforce of experienced professionals.
  • The company's Tonopah West land package includes 97 patented and 17 unpatented mining claims covering 4.5 sq km (1,100 acres).

Nevada Remains One of the Best Mining Jurisdictions on Earth and Producers and Explorers are Thriving

Thursday, September 17, 2020 - 1:30pm

As a result, there has been a renewed focus on the epicentre of gold and silver mining in the United States - Nevada.

Key Points: 
  • As a result, there has been a renewed focus on the epicentre of gold and silver mining in the United States - Nevada.
  • Over the course of the state's long mining industry history, Nevada has built up world-class mining infrastructure throughout the state.
  • The sheer size of the Nevada mining industry assures that the state is home to a strong mining workforce of experienced professionals.
  • The company's Tonopah West land package includes 97 patented and 17 unpatented mining claims covering 4.5 sq km (1,100 acres).