Mining

Newmont Corporation Announces Expiration and Final Results of the Tender Offers for its 3.500% Senior Notes due 2022 and Goldcorp’s 3.700% Notes due 2023

Wednesday, April 1, 2020 - 2:49pm

BMO Capital Markets Corp., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC acted as the dealer managers in connection with the Tender Offers (collectively, the Dealer Managers).

Key Points: 
  • BMO Capital Markets Corp., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC acted as the dealer managers in connection with the Tender Offers (collectively, the Dealer Managers).
  • King & Co., Inc. acted as the information and tender agent in connection with the Tender Offers (the Information and Tender Agent).
  • Holders of the Notes may also contact their broker, dealer, commercial bank, trust company or other nominee or intermediary for assistance concerning the Tender Offers.
  • Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement.

GeoPark Announces the Filing of Its Form 20-F For Fiscal Year 2019

Wednesday, April 1, 2020 - 12:30pm

GeoPark Limited ("GeoPark" or the Company) (NYSE: GPRK), a leading Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador, hereby announces the filing of its Form 20-F for the fiscal year ended December 31, 2019, with the Securities and Exchange Commission (the SEC).

Key Points: 
  • GeoPark Limited ("GeoPark" or the Company) (NYSE: GPRK), a leading Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador, hereby announces the filing of its Form 20-F for the fiscal year ended December 31, 2019, with the Securities and Exchange Commission (the SEC).
  • GeoParks Form 20-F can be accessed by visiting either the SECs website at www.sec.gov or the Investor Support section of the Companys website at www.geo-park.com .
  • In addition, Shareholders may receive a hard copy of the Companys audited financial statements, or its complete 2019 Form 20-F including audited financial statements, free of charge, by requesting a copy from the investor relations team.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20200401005155/en/

Zebra Study: Number of Field Service Providers Operating Predictively Will Double by 2025

Wednesday, April 1, 2020 - 1:00pm

View the full release here: https://www.businesswire.com/news/home/20200401005002/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200401005002/en/
    Zebra Study: Number of Field Service Providers Operating Predictively Will Double by 2025 (Photo: Business Wire)
    The number of organizations that will implement predictive solutions as part of their mobile strategies is set to double in five years, according to respondents to Zebras three-part Future of Field Operations vision study on the telecommunications, manufacturing, construction, mining, and agriculture industries.
  • To empower front-line workers at the edge of the business to become more productive, increase their job satisfaction, and ultimately improve customer service, field service providers are increasing their investments in mobile devices.
  • Meanwhile, reliability of devices in the field is a high priority as purpose-built rugged mobile smartphones rank as todays most preferred device option for field service providers.
  • Rugged mobile devices will be the most prevalent type of enterprise device for field service providers globally, with 93 percent adopting rugged tablets and rugged smartphones by 2025.

Arconic Corporation, Leading Provider of Advanced Aluminum Products, Launches as Standalone Company

Wednesday, April 1, 2020 - 11:30am

The separation of Arconic Inc. into two standalone companies Arconic Corporation and Howmet Aerospace Inc. (the new name for Arconic Inc.) took effect today through a pro rata distribution by Arconic Inc. of 100 percent of the outstanding shares of the newly-formed Arconic Corporation.

Key Points: 
  • The separation of Arconic Inc. into two standalone companies Arconic Corporation and Howmet Aerospace Inc. (the new name for Arconic Inc.) took effect today through a pro rata distribution by Arconic Inc. of 100 percent of the outstanding shares of the newly-formed Arconic Corporation.
  • Arconic Inc. stockholders received one share of Arconic Corporation common stock for every four shares of Arconic Inc. common stock held as of the March 19, 2020 record date.
  • Arconic Corporation will be led by Chief Executive Officer Tim Myers, who was previously the Executive Vice President and Group President of the business segments that now comprise the new standalone company.
  • Arconic Corporation has been a leader in aluminum products innovation since its predecessor founded the company in 1888, said Mr. Myers.

Navigant Research Report Shows 2020 Investment in Networking & Communications Equipment at Smart Mines and Digital Oilfields is Estimated at $3.2 Billion

Wednesday, April 1, 2020 - 10:15am

A new report from Navigant Research offers an overview of the key networking and communications technologies being deployed at smart mines and in active digital oilfields, with global market forecasts through 2029.

Key Points: 
  • A new report from Navigant Research offers an overview of the key networking and communications technologies being deployed at smart mines and in active digital oilfields, with global market forecasts through 2029.
  • Click to tweet : According to a new @NavigantRSRCH report, the total forecast investment in networking and communications equipment at smart mines and upstream digital oilfield production locations is estimated at nearly $3.2 billion in 2020.
  • Important developments in networking and communications technologies are fueling this trend toward digitization, says Richelle Elberg, principal research analyst with Navigant Research.
  • The report, Networking and Communications for Smart Mines and Digital Oilfields , provides an overview of the key networking and communications technologies being deployed at smart mines and in active digital oilfields, and provides an overview of the key industry trends, communications technologies, market drivers, and outlook for investment in networking and communications solutions for smart mines and digital oilfields.

Imitation Jewelry Market 2019-2023 | Rise in Gold and Silver Prices to Boost Growth | Technavio

Wednesday, April 1, 2020 - 9:00am

Our imitation jewelry market report covers the following areas:

Key Points: 
  • Our imitation jewelry market report covers the following areas:
    This study identifies growing adoption of 3D printing as one of the prime reasons driving the imitation jewelry market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the Imitation Jewelry Market, including some of the vendors such as Gianni Versace, Kering, LVMH, NEW AVON, and TIFFANY & CO.
  • Backed with competitive intelligence and benchmarking, our research reports on the Imitation Jewelry Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Automotive Catalyst Market 2019-2023 | Demand for Platinum Group Metals to Boost Growth | Technavio

Wednesday, April 1, 2020 - 7:30am

Our automotive catalyst market report covers the following areas:

Key Points: 
  • Our automotive catalyst market report covers the following areas:
    This study identifies recycling of automotive catalysts as one of the prime reasons driving the automotive catalyst market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the Automotive Catalyst Market, including some of the vendors such as BASF, CATALER, Clariant, Johnson Matthey, Solvay, and Umicore.
  • Backed with competitive intelligence and benchmarking, our research reports on the Automotive Catalyst Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Dundee Precious Metals Announces Automatic Repurchase Plan Pursuant to Its Normal Course Issuer Bid

Tuesday, March 31, 2020 - 10:16pm

The automatic repurchase plan constitutes an automatic plan for purposes of applicable Canadian securities legislation and the agreement governing the plan has been pre-cleared by the TSX.

Key Points: 
  • The automatic repurchase plan constitutes an automatic plan for purposes of applicable Canadian securities legislation and the agreement governing the plan has been pre-cleared by the TSX.
  • About Dundee Precious Metals Inc.
    Dundee Precious Metals Inc. is a Canadian based, international gold mining company engaged in the acquisition of mineral properties, exploration, development, mining and processing of precious metals.
  • This press release contains forward looking statements or forward looking information (collectively, Forward Looking Statements) that involve a number of risks and uncertainties.
  • The Forward Looking Statements in this press release relate to, among other things: purchases of common shares pursuant to the NCIB and the automatic repurchase plan.

Newmont Completes Sale of Red Lake and Realizes Cash Proceeds of $375 million

Tuesday, March 31, 2020 - 10:31pm

Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced it successfully completed the sale of its Red Lake complex in Ontario, Canada to Evolution Mining Limited (ASX: EVN) (Evolution) and received cash proceeds of $375 million with future contingent payments of up to an additional $100 million tied to new resource discoveries.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced it successfully completed the sale of its Red Lake complex in Ontario, Canada to Evolution Mining Limited (ASX: EVN) (Evolution) and received cash proceeds of $375 million with future contingent payments of up to an additional $100 million tied to new resource discoveries.
  • We are pleased to complete the sale of Red Lake to a highly respected and responsible operator in Evolution.
  • Under terms of the $100 million contingent payment, Evolution will pay Newmont $20 million for each one million ounces of new gold resources added to the existing Red Lake resource base over a fifteen year period.
  • The contingent payment is applicable to the first five million ounces of new resources.

South Korea’s LS-Nikko Copper Teams Up with ERI to Recycle America’s Precious Metals

Tuesday, March 31, 2020 - 7:53pm

ERI , the nations leading fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company, is teaming with South Koreas LS-Nikko Copper, one of the worlds largest precious metals and copper smelters, to provide metal recycling services.

Key Points: 
  • ERI , the nations leading fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company, is teaming with South Koreas LS-Nikko Copper, one of the worlds largest precious metals and copper smelters, to provide metal recycling services.
  • Often referred to as the recyclers recycler, ERI, through its unique partnership with LS-Nikko Copper, also provides a full suite of precious metal recycling and smelting services to other recycling companies.
  • ERI is standing by, available to help with all electronics recycling, precious metals management, ITAD, and sustainability needs.
  • LS-Nikko Copper Inc. is a leader in the global copper and precious metals smelting market.