Mining

New Gold Completes Redemption of 2022 Senior Notes

Friday, July 10, 2020 - 10:01pm

July 10, 2020- New Gold Inc. (New Gold or the Company) (TSX and NYSE American: NGD) today announces that it has completed the previously announced redemption of its outstanding $400 million 6.25% Senior Notes due 2020.

Key Points: 
  • July 10, 2020- New Gold Inc. (New Gold or the Company) (TSX and NYSE American: NGD) today announces that it has completed the previously announced redemption of its outstanding $400 million 6.25% Senior Notes due 2020.
  • The redemption was funded from the net proceeds of its recent issue of $400 million aggregate principal amount of 7.50% Senior Notes due in 2027 and cash on hand.
  • The redemption of our 2022 Senior Notes is another key milestone we have achieved that has significantly enhanced our financial flexibility and strengthened our balance sheet, stated Robert Chasse, Executive Vice President and Chief Financial Officer.
  • New Golds vision is to build a leading diversified intermediate gold company based in Canada that is committed to environment and social responsibility.

ASA Gold and Precious Metals Limited Reports Financial Results for the Six Months Ended May 31, 2020

Friday, July 10, 2020 - 6:16pm

The Company employs bottom-up fundamental analysis and relies on detailed primary research including meetings with company executives, site visits to key operating assets, and proprietary financial analysis in making its investment decisions.

Key Points: 
  • The Company employs bottom-up fundamental analysis and relies on detailed primary research including meetings with company executives, site visits to key operating assets, and proprietary financial analysis in making its investment decisions.
  • Investors are encouraged to visit the Companys website for additional information, including historical and current share prices, news releases, financial statements, tax and supplemental information.
  • The site may be found at www.asaltd.com , or you may contact the Company directly at (800) 432-3378.
  • Investment advisory services for the Company are provided by Merk Investments LLC (Merk), an SEC registered investment adviser.

Buenaventura Cordially Invites You to Its Second Quarter 2020 Earnings Conference Call

Friday, July 10, 2020 - 4:42pm

(NYSE: BVN; Lima Stock Exchange: BUE.LM) will hold its Second Quarter 2020 earnings conference call on:

Key Points: 
  • (NYSE: BVN; Lima Stock Exchange: BUE.LM) will hold its Second Quarter 2020 earnings conference call on:
    Participating on the call to review Buenaventuras Second Quarter 2020 financial and operating results will be Victor Gobitz, Chief Executive Officer, as well as other members of the senior management team.
  • Second quarter results will be issued on July 30, 2020 after market close.
  • To participate in the conference call, please dial:
    If you would prefer to receive a call rather than dialing in, please register via the following link.
  • The phone number provided will be automatically called and connected to the conference without any interruption to the participant.

AECOM to deliver next stage of Lower Thames Crossing ground investigations

Friday, July 10, 2020 - 3:15pm

AECOM (NYSE:ACM), the worlds premier infrastructure firm, is delivering the next stage of Highways Englands Lower Thames Crossing ground investigation program after being appointed for the third phase of the ground investigation contract on the project.

Key Points: 
  • AECOM (NYSE:ACM), the worlds premier infrastructure firm, is delivering the next stage of Highways Englands Lower Thames Crossing ground investigation program after being appointed for the third phase of the ground investigation contract on the project.
  • The ground investigations will provide key information to help increase certainty around cost and delivery on this nationally significant infrastructure project.
  • The data collected on ground and groundwater conditions will support the wider delivery team in identifying, managing and mitigating ground risk.
  • The 14.3-mile route of the planned Lower Thames Crossing is one of the governments top projects in its National Infrastructure Plan.

COVID-19 Impact and Recovery Analysis- Coal Tar Market 2020-2024 | Demand For Coal Tar Products From The Healthcare Sector to Boost Growth | Technavio

Friday, July 10, 2020 - 12:30pm

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • View the full release here: https://www.businesswire.com/news/home/20200710005025/en/
    Technavio has announced its latest market research report titled Global Coal Tar Market 2020-2024 (Graphic: Business Wire).
  • Market estimates include pre- and post-COVID-19 impact on the Coal Tar Market Download free sample report
    The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
  • Demand for coal tar products from the healthcare sector has been instrumental in driving the growth of the market.

Barrick Serves Notice of Dispute Over Porgera

Friday, July 10, 2020 - 10:30am

TORONTO, July 10, 2020 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) announced that its subsidiary, Barrick (PD) Australia Pty Limited (Barrick PD), an investor in the Porgera Mine, has given notice to Papua New Guinea (PNG) that a dispute has arisen under the Bilateral Investment Treaty (BIT) between PNG and Australia.

Key Points: 
  • TORONTO, July 10, 2020 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) announced that its subsidiary, Barrick (PD) Australia Pty Limited (Barrick PD), an investor in the Porgera Mine, has given notice to Papua New Guinea (PNG) that a dispute has arisen under the Bilateral Investment Treaty (BIT) between PNG and Australia.
  • Barrick PD asserts that the dispute arises out of the PNG Governments decision not to extend the Porgera Special Mining Lease (SML) in violation of the terms of the BIT and international law governing foreign investment.
  • If the dispute cannot be resolved through consultations and negotiations, Barrick PD has elected to refer the dispute to arbitration before the World Banks International Centre for Settlement of Investment Disputes (ICSID).
  • Barrick further notes that Barrick Niugini Ltd, the joint venture between Barrick PD and a subsidiary of Zijin Mining Group Ltd, has also announced the commencement of conciliation proceedings against PNG before ICSID, see http://www.porgerajv.com/Company/Media/Press-Release .

Hecla Reports Strong Production and Cash Generation

Friday, July 10, 2020 - 10:30am

Lucky Friday is expected to increase production in the second half under the planned ramp-up to full throughput.

Key Points: 
  • Lucky Friday is expected to increase production in the second half under the planned ramp-up to full throughput.
  • San Sebastian production is as expected and should cease in the third quarter.
  • Currently there is no estimate for the bulk sample production of refractory ore. Casa Berardi is expected to have higher production later in 2020 due to more high-grade underground production from the East Mine.
  • Higher silver production compared to the second quarter of 2019, was due to higher ore grades as a result of mine sequencing.

Global Seismic Services Market Analysis Highlights the Impact of COVID-19 (2020-2024)| Rising Multi-client Survey Approach to Boost Market Growth | Technavio

Thursday, July 9, 2020 - 10:30pm

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • View the full release here: https://www.businesswire.com/news/home/20200709005612/en/
    Technavio has announced its latest market research report titled Global Seismic Services Market 2020-2024 (Graphic: Business Wire)
    Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied.
  • The rising multi-client survey approach has been instrumental in driving the growth of the market.
  • However, the overcapacity constraints with seismic vessel fleets might hamper seismic services market growth.

Orbia Announces Conference Call for Its Second Quarter 2020 Earnings Results

Thursday, July 9, 2020 - 9:58pm

When dialing in, please let the operator know you are here for the Orbia earnings call.

Key Points: 
  • When dialing in, please let the operator know you are here for the Orbia earnings call.
  • The details for the conference call are as follows.
  • The presentation that will be used during the webcast will be available on the Investors section of the Orbia website.
  • A recording of the webcast will be posted on the website shortly after the call is completed.

CG/LA Infrastructure Identifies 550+ Infrastructure Projects Critical to Stimulating the U.S. Economy and Creating Jobs

Thursday, July 9, 2020 - 3:23pm

Energy, Transportation, Water, Social, Information Technology), have an overall investment value of approximately $1 trillion, and stand to create approximately 2.4 million direct1 and indirect2 jobs.

Key Points: 
  • Energy, Transportation, Water, Social, Information Technology), have an overall investment value of approximately $1 trillion, and stand to create approximately 2.4 million direct1 and indirect2 jobs.
  • We believe it is critical to change the infrastructure investment model and get the private sector especially pension funds to make the investment required to transform our economy.
  • To address the budget shortfalls and ensure critical infrastructure projects can move forward, CG/LA is devising strategies to help effectively mobilize private investment whether directly, through a national infrastructure bank or through state infrastructure financing, among other options.
  • What follows is a breakdown of the infrastructure projects included in the map by sector: