Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Metal Ore Mining Market Trajectory & Analytics to 2027 - ResearchAndMarkets.com
February 4, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 4, 2021
Amid the COVID-19 crisis, the global market for Metal Ore Mining estimated at US$495.4 Billion in the year 2020, is projected to reach a revised size of US$873.7 Billion by 2027, growing at a CAGR of 8.4% over the analysis period 2020-2027.
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Gold, one of the segments analyzed in the report, is projected to grow at a 9% CAGR to reach US$226.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Iron segment is readjusted to a revised 8.6% CAGR for the next 7-year period. This segment currently accounts for a 22% share of the global Metal Ore Mining market.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Freeport-McMoRan Announces Reinstatement of Common Stock Dividend and Adoption of Performance Based Payout Policy
February 2, 2021 GMT
PHOENIX (BUSINESS WIRE) Feb 2, 2021
Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors has reinstated a cash dividend on its common stock at an annual rate of $0.30 per share. FCX’s previous cash dividend on its common stock was $0.20 per share prior to suspending these payments in April 2020 in connection with its comprehensive response to the global pandemic. The Board intends to declare a quarterly dividend of $0.075 per share, with the initial quarterly dividend expected to be paid on May 1, 2020.
Press release content from Accesswire. The AP news staff was not involved in its creation.
Majestic Provides Update on Drill Program at Fair Adelaide Project
February 2, 2021 GMT
VANCOUVER, BC / ACCESSWIRE / February 1, 2021 / Majestic Gold Corp. (“Majestic” or the “Company”) (TSXV:MJS)(FSE:A0BK1D) is pleased to report that it has completed its initial drill program at the Fair Adelaide Project, located in Western Australia. The goal of this initial program at Fair Adelaide was to confirm and expand on mineralisation in holes drilled by previous operators.
The drill program consisted of a total of 21 holes drilled with 1,144 metres of aircore of drilling being completed in testing two discrete targets. 18 holes tested gold mineralisation at the Fair Adelaide East prospect near the western boundary of the property and 3 holes tested nickel targets at Puzzle Bear prospect in the center of the property. The Company awaits assay results from Intertek’s Kalgoorlie laboratory
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Mexus Continues To Meet Its Production Goals At Santa Elena Mine; Mabel Property Report Being .
Mexus Gold USFebruary 1, 2021 GMT
CABORCA, Mexico, Feb. 01, 2021 (GLOBE NEWSWIRE) Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it continues to work the Mexus III area at its Santa Elena mine producing a detachment structure mineral with abundant sericite and oxide filled boxwork averaging 1.02 g/t Au. There are areas with higher grade zones where the silica content is noted often with visible gold. Argonauts 2015 limited drilling program intercepted this zone from 32 to 45 meters in depth with an average grade of 1.05 g/t Au. The Vein 2 area has been drilled for blasting and sampled with average values of 2.3 g/t Au. One initial blast of 250 holes drilled to 6 meters is expected to produce approximately 15,000 to 20,000 tons of mineralized material.