Faisal Rahmatallah, executive chairman at Plastics Capital (LON:PLA), tells Proactive Investors the group saw "exceptionally strong" sales over the year just ended.Films (food wrapping and the like) did particularly well with a record year for Flexipol, while there was a recovery at Palagan and good performance from Synpac. Meet Peninsula Mines Ltd, Silver City Minerals Ltd and Emmerson Reso...Read More
LONDON, May 3 (Reuters) - The zinc industry has agreed a 15 percent drop in annual zinc processing fees, the miner and metals smelter Nyrstar said on Thursday, as supply in the tight market dwindled.The company, listed in Belgium, said in a statement treatment charges for the galvanising metal for 2018 fell to $147 per tonne from $172 per tonne last year. An agreement was reached at the end of Apr...Read More
Mr. Sean Roosen reportsOSISKO REPORTS FIRST QUARTER 2018 RESULTSOsisko Gold Royalties Ltd. has released its consolidated financial results for the first quarter ended March 31, 2018, and an update on matters following quarter-end. Highlights:Earned 20,036 gold equivalent ounces (1) (GEOs), in line with the 2018 annual guidance of 77,500 GEOs to 82,500 GEOs;Generated cash flow from operating activi...Read More
Mr. Vincent Metcalfe reportsOSISKO DECLARES 15TH CONSECUTIVE QUARTERLY DIVIDENDOsisko Gold Royalties Ltd. has declared a second quarter 2018 dividend of five cents per common share. The dividend will be paid on July 16, 2018, to shareholders of record as of the close of business on June 29, 2018.For shareholders residing in the United States, the U.S.-dollar equivalent will be determined based on...Read More
HSBC Holdings PLC (LON:HSBA) will wrap up a busy two weeks of first quarter results from the UK's major lenders on Friday.Like its sector peer Standard Chartered PLC (LON:STAN), which issued its Q1 update on Wednesday, HSBC is seen delivering a strong quarter on the back of growth in Hong Kong and Asia.In a preview note, Morgan Stanley analysts said: "Loan growth in Hong Kong is running at a fairl...Read More
A Russian Su-30SM fighter jet crashed off the Syria coast, killing two pilots on board, the Russian Defense Ministry has confirmed. Read full newsRead More
Ontario and First Nations partners have signed historic resource revenue sharing agreements in mining and forestry - the first of their kind in the province.These agreements with First Nations, represented by Grand Council Treaty #3, Wabun Tribal Council and Mushkegowuk Council, commit Ontario to sharing 45 per cent of government revenues from forestry stumpage, 40 per cent of the annual mining ta...Read More
May 2 (Reuters) - Sigma Lithium Resources is set to list in Toronto next week, company executives said on Wednesday, as the Brazil-based lithium mine developer eyes a wave of demand for the metal used in rechargeable batteries for iPhones and electric cars.Sigma fell short of raising up to a planned C$30 million ($23.29 million) from investors, instead raising C$20 million. It blamed the shortfall...Read More
Michael Laurier, chief executive of Symphony Environmental Technologies plc (LON:SYM) tells Proactive's Andrew Scott they're to launch a series of healthcare products, starting with latex examination gloves, made with their antimicrobial d2p technology.Symphony's working with Health & Hygiene Ltd, a British company, and Biomax Rubber Industries of Malaysia through a collaboration agreement sig...Read More
TORONTO, May 02, 2018 (GLOBE NEWSWIRE) - Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI) (OTC:BKIRF) (FRANKFURT:BIN) is pleased to announce the positive results of a study commissioned by Black Iron to determine the Company's position on the global business cost curve and capital intensity in the context of new development iron ore projects. CRU Group ("CRU"), an internationally recognis...Read More
Mr. Nelson Baker reportsMINERAL MOUNTAIN CONFIRMS PROOF OF CONCEPT IN THE HOMESTAKE GOLD BELTMineral Mountain Resources Ltd. and its subsidiary, Mineral Mountain Resources (SD) Inc., have received the analytical results for the initial three of the planned 12 NQ diamond drill holes --ST18-001, ST18-002 and ST18-003 -- totalling 1,322 metres on the company's Standby mine target in the Rochford dist...Read More
(Bloomberg) - Eira Thomas has discovered diamonds in the far north, co-founded mining companies and sat on a dozen boards - including Canada's most valuable energy company.So the 49-year-old was a little taken aback when an investor recently suggested she needed to hire an engineer as chief operating officer to back her up in the executive suite. She was, after all, only a geologist."I'm 30 years...Read More
JOHANNESBURG, May 3 (Reuters) - Precious metals producer Sibanye-Stillwater's gold output at its South African mines had been hit by by safety and operational disruptions in the first quarter, it said on Thursday, adding that it expects to regain the lost ground this year.Sibanye's gold production in the first three months of 2018 declined to 291,500 ounces, from 330,000 ounces in the same period...Read More
Mr. Christian Milau reportsEQUINOX GOLD RELEASES FIRST QUARTER FINANCIAL RESULTS Equinox Gold Corp. has released its unaudited condensed consolidated interim financial statements and related management's discussion and analysis for the three months ended March 31, 2018.Equinox Gold's principal assets are its wholly owned, past-producing Aurizona gold mine in Maranhao, Brazil,and its wholly owned,...Read More
Ontario and First Nations partners have signed historic resource revenue sharing agreements in mining and forestry - the first of their kind in the province.These agreements with First Nations, represented by Grand Council Treaty #3, Wabun Tribal Council and Mushkegowuk Council, commit Ontario to sharing 45 per cent of government revenues from forestry stumpage, 40 per cent of the annual mining ta...Read More
Mr. Antonio Berlanga reportsTELSON ISSUES TAHUEHUETO Q1 2018 PREPRODUCTION RESULTS FOR MINING, CONCENTRATE PRODUCTION & METALLURGICAL BALANCESTelson Mining Corp. has provided the results of first quarter 2018 preproduction toll milling at its 100-per-cent-owned Tahuehueto mine development project located in Durango, Mexico. Preproduction toll milling from Tahuehueto processed 9,503 tonnes of o...Read More
Eight of the thirteen gold miners trapped underground at Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) Masakhane mine in South Africa remain missing, the company said after a seismic event caused a fall of ground in an operating stope at one of the company's gold mines.Contact was made with six workers earlier on Thursday and two two were brought to surface safely, the firm said, but one of them reg...Read More
Gold stocks are likely to ride on the back of improving industry fundamentals and put up a decent performance this quarter.Read full newsRead More
For a time, the land around the village of Longa Mali in eastern Cameroon was one of the most prized in Africa, and powerful machines gnawed greedily into its soil to extract precious gold.Read full newsRead More
Haywood Securities analyst Kerry Smith provided a construction update on one of this firm's projects.Read full newsRead More