Page 12 - Mine Development News Today

How ore auctions undermine market The current round has skewed the market in favour of captive users vis-a-vis merchant miners The March 2021 amendments to the MMDR Act are expected to bring in transformative reforms for the Indian mining sector. Odisha, with huge iron ore resources, has already completed the first phase of iron ore auctions in 2020 and the next lot of auction is in the offing. There are a few lessons from the previous auction. First, the 2020 auction gave rise to exorbitantly...

Peabody Reports Results For Quarter Ended March 31, 2021 News provided by Share this article Share this article ST. LOUIS, April 29, 2021 /PRNewswire/ -- Peabody (NYSE: BTU) today announced its first quarter 2021 operating results, including revenues of $651.3 million; loss from continuing operations, net of income taxes of $77.7 million; net loss attributable to common stockholders of $80.1 million; diluted loss per share from continuing operations of $0.79; and Adjusted EBITDA 1 of $61.1 mil...

Share this article Share this article ELKO, Nev., April 13, 2021 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company"), a gold exploration and development company, today announced it will be featured as a presenting company at the H.C. Wainwright Mining Conference. The conference is being held on April 19 – April 20, 2021 virtually. Edward Karr, founder of U.S. Gold Corp., will provide an overview of the Companys business during the live presentation. Mr. Karr and management will b...

Share this article Share this article ELKO, Nev., April 5, 2021 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to announce that it will hold electronic investor update webinars throughout April hosted by CEORoadshow.  Mr. Edward Karr will update attendees and USAU shareholders on the Company and will be available for questions after an initial presentation. Mr. Karr states, "In this ongoing period of tremendous volatility...

/EIN News/ -- LONDON, April 01, 2021 (GLOBE NEWSWIRE) -- Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) (‘Horizonte’ or ‘the Company’) the nickel company focused on Brazil, announces its final results for the year ended 31 December 2020. Highlights: Strong cash position of £10.9 million as at 31 December 2020 maintained and supplemented post year end through a £18 million placing in February 2021. Significant progress made on the overall Project Finance package for the development of...

  AIM and ASX listed company Salt Lake Potash Limited ("SO4" or the "Company"), announces its interim results for the half-year ended 31 December 2020.       The Companys primary focus is the development of its Lake Way Project (the Project) near Wiluna, Western Australia. On December 31 2020, the total project was 81% complete and the process plant 88% complete on an earned value basis with first SOP production expected in Q4 2021. The Compan...

Agnico Eagle Reports Fourth Quarter and Full Year 2020 Results News provided by Share this article (All amounts expressed in U.S. dollars unless otherwise noted) RECORD QUARTERLY PRODUCTION; RECORD ANNUAL EARNINGS AND CASHFLOW; RECORD RESERVES; GOLD PRODUCTION FORECAST TO GROW 24% FROM 2020 THROUGH 2024; ODYSSEY PROJECT AND AMARUQ UNDERGROUND APPROVED FOR DEVELOPMENT Stock Symbol: AEM (NYSE and TSX) TORONTO, Feb. 11, 2021 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agni...

Peabody Reports Results For Quarter And Year Ended December 31, 2020 News provided by Share this article Share this article ST. LOUIS, Feb. 4, 2021 /PRNewswire/ -- Peabody (NYSE: BTU) today announced its fourth quarter 2020 operating results, including revenues of $737.2 million; loss from continuing operations, net of income taxes of $120.4 million, which included $69.3 million of non-cash asset impairments; net loss attributable to common stockholders of $129.2 million; diluted loss per shar...

Rio Silver Announces Grant of Stock Options Rio Silver Inc . announces that it has granted 5,525,000 incentive stock options to directors, officers and consultants of the Company. The option, to purchase common shares in the capital of the Company at a price of $0.09 per common share, will be for periods ranging from 2 to 3 years. The options have been granted under the terms of the Company’s stock option plan. About Rio Silver Rio Silver Inc. is a Canadian … Rio Silver Inc . (“Rio Silver...

Share this article Share this article ELKO, Nev., Jan. 27, 2021 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company"), a gold exploration and development company, today announced that it has issued a CEO update outlining the Companys recent and expected milestones, as it continues to advance its assets and mining projects. Highlights include: Announcement of encouraging initial project drill results Advancement of the CK Gold Project to the Pre-Feasibility Study "I am proud of all ...