Page 23 - Bluestone Resources News Today

ADVERTISEMENT ADVERTISEMENT Mining Co. Sues Greensill Over Soured $850M Financing Deal Law360 (March 16, 2021, 5:45 PM EDT) -- West Virginia Gov. Jim Justices coal mining company Bluestone Resources Inc. has filed suit against recently collapsed British financier Greensill Capital (UK) Ltd. in New York federal court, accusing it of "continuous and profitable fraud" in connection with an $850 million enterprise financing deal. Bluestone said in Mondays complaint that the supply-chain finance co...

Even in the booming and often opaque world of factoring and receivables financing, selling something that doesn’t yet exist is at the eyebrow-raising end of the spectrum.

In a year when revenues shot up and operating profits declined, the sums owed to other group companies climbed to £159million from £21million. Management fees charged to group-related enterprises rocketed. The company received a loan of £8million from a key employee (since repaid) and the rewards to top bosses rocketed to £11million from £1.4million.  A note to the accounts says this was for ‘the outstanding performance of the business’. Creditors may question that.  The supplier inv...

The supply chain finance party is coming to a messy end. Greensill Capital’s collapse has once again highlighted the hidden risks in the $1.3 trillion business of helping big companies channel payments to their suppliers. The combination of scandal and sunlight should produce...

Bluestone Resources Inc.: Bluestone Increases NPV of Cerro Blanco by over 275% to $907 Million and Peak Gold Production to over 300 koz per Year 7.5:1 0.78:1 277,000 ounces 231,000 ounces Mine life G&A - $2.28/tonne milled Total operating costs $570/oz Au $642/oz Au $173 M $272 M per year (years 1-4) Total production after-tax free cash flow $2.0 B IRR (after-tax) 28.5% (base case), 36% ($1,800/oz gold) *all in sustaining cash costs (net credits) = (operating costs + offsite costs + royalties +...

Bluestone Resources Inc.: Bluestone Drills 6.2 Meters Grading 29.0 g/t Gold and 30 g/t Silver at Cerro Blanco and Wide Intercepts Including 101.4 Meters Grading 2.4 g/t Gold VS_01 N - New or un-modelled vein zones. NSR - No Significant Results. Ext - Extension. Intervals in bold are cited in the text of the news release. Grades are un-cut. A table with hole coordinates and azimuth/dip information accompany the plan view is attached to this release. The focus of the 2020 drill program was ...

Orex Announces Board Changes and a Grant of Options News provided by Share this article Orex Minerals Inc. – (TSXV: REX) (OTCQB: ORMNF)  ("Orex" or the " Company") announces that the Board has received the resignation of Rick Sayers. His extensive background and senior level experience in finance enabled the Company to continue with its strategic plan and growth during his tenure. Management wishes to thank Mr. Sayers for his years of service. The Company announces the appointment of David R...

(2) Vancouver, British Columbia--(Newsfile Corp. - January 26, 2021) - Bluestone Resources Inc. (TSXV: BSR) (OTCQB: BBSRF) ("Bluestone" or the "Company") is pleased to provide an update on the Companys activities during 2020 at its 100% owned Cerro Blanco gold project located in southern Guatemala ("Project"), and provide an outlook on plans for 2021. During 2020, a Project Readiness Update ("PRU") was undertaken which involved a thorough and extensive review of the current mine plan, enginee...

Home » Internet » Bluestone Advances Basic Engineering at Cerro Blanco, Provides Project Update and Plans for 2021 Bluestone Advances Basic Engineering at Cerro Blanco, Provides Project Update and Plans for 2021 Posted by PublisherInternet Tuesday, 26. January 2021 Bluestone Resources Inc. (TSXV:BSR | OTCQB:BBSRF) (\”Bluestone\” or the \”Company\” – https://www.commodity-tv.com/ondemand/companies/profil/bluestone-resources-inc/ ) is pleased to provide an update on the Company?s act...

Bluestone Resources Inc.: Drilling Intercepts 7.2 Meters Grading 26.0 g/t Gold and 27 g/t Silver, Including 1.2 Meters Grading 87.2 g/t Gold and 82 g/t Silver at Cerro Blanco Splay N - New or un-modelled vein. Intervals in bold are cited in the text of the news release. Grades are un-cut. A table with hole coordinates and azimuth/ dip information accompany the plan view attached to this release. * Preliminary, final assay pending The focus of the drill program is to improve the definition of...