(Adds CEO comments, detail)LONDON, Jan 31 (Reuters) - Centamin posted a 13 percent fall in core profit in 2017 on Wednesday as gold production fell and costs rose but the miner declared a final dividend that beat consensus.Earnings before interest, tax, depreciation and amortisation (EBITDA) fell to $326 million in the year that ended on Dec. 31, said the London-listed miner, which operates Egypt...Read More
(Adds 2018 production forecast, context)MOSCOW, Jan 31 (Reuters) - Norilsk Nickel (Nornickel) , the world's largest palladium producer, said on Wednesday its production of palladium could decline in 2018, while the output of nickel from Russian raw material would remain flat.Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal , previously said its production of nicke...Read More
Egypt-focused gold miner Centamin (TSX:CEE) (LON:CEY) delivered good news to its shareholders on Wednesdays, announcing it would pay a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.The payment, on top of 2.5 cents given at the half-year, follows an $111 million compensation to Egypt in 2017, the first year of Centami...Read More
Egypt-focused gold miner Centamin (TSX:CEE) (LON:CEY) delivered good news to its shareholders on Wednesdays, announcing it would pay a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.The payment, on top of 2.5 cents given at the half-year, follows an $111 million compensation to Egypt in 2017, the first year of Centami...Read More
Egypt-focused gold miner Centamin (TSX:CEE) (LON:CEY) delivered good news to its shareholders on Wednesdays, announcing it would pay a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.The payment, on top of 2.5 cents given at the half-year, follows an $111 million compensation to Egypt in 2017, the first year of Centami...Read More
Egypt-focused gold miner Centamin (TSX:CEE) (LON:CEY) delivered good news to its shareholders on Wednesdays, announcing it would pay a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.The payment, on top of 2.5 cents given at the half-year, follows an $111 million compensation to Egypt in 2017, the first year of Centami...Read More
The Downside in Gold (XAU/USD) is being capped by 4-hour 100-MA. But the support could fall soon as bearish sentiment in the options market is strengthening. The 4-hour 100-MA has acted as a strong support in the last 12 hours or so, still, the yellow metal (XAU/USD) is finding it hard to regain poise. Meanwhile, XAU/USD one-month 25 delta risk reversals gauge fell to -0.40, the lowest level sin...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
U.S. President Donald Trump's decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.Starting at 6 a.m. on Feb. 2 - the moment Trump's proclamation reducing the size of the Bears Ears and Grand Staircase-Escalante Natio...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
U.S. President Donald Trump's decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.Starting at 6 a.m. on Feb. 2 - the moment Trump's proclamation reducing the size of the Bears Ears and Grand Staircase-Escalante Natio...Read More
U.S. President Donald Trump's decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.Starting at 6 a.m. on Feb. 2 - the moment Trump's proclamation reducing the size of the Bears Ears and Grand Staircase-Escalante Natio...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
Mr. Mike Mutchler reportsAMARILLO ENGAGES WHITTLE CONSULTING FOR MARA ROSA GOLD PROJECT OPTIMISATION STUDYAmarillo Gold Corp. has engaged Whittle Consulting (WCPL) to conduct an enterprise optimization study for the company's flagship Mara Rosa gold project in Brazil.WCPL's technical experts plan to model the complete value chain of the Mara Rosa project. Its internal proprietary optimization tool...Read More
Mr. Mike Mutchler reportsAMARILLO ENGAGES WHITTLE CONSULTING FOR MARA ROSA GOLD PROJECT OPTIMISATION STUDYAmarillo Gold Corp. has engaged Whittle Consulting (WCPL) to conduct an enterprise optimization study for the company's flagship Mara Rosa gold project in Brazil.WCPL's technical experts plan to model the complete value chain of the Mara Rosa project. Its internal proprietary optimization tool...Read More
LONDON, UK / ACCESSWIRE / January 30, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Northern Dynasty Minerals, ...Read full newsRead More
VANCOUVER, British Columbia, Jan. 30, 2018 (GLOBE NEWSWIRE) - Alio Gold Inc (TSX:ALO) (NYSE AMERICAN:ALO) ("Alio Gold" or the "Company"), announces 2018 production and cost guidance for the San Francisco Mine in Sonora, Mexico. Highlights Forecast gold production to increase to between 90,000 and 100,000 ounces All-in sustaining costs1,3 ("AISC") between $1,000 and $1,100 per ...Read full newsRead More