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Press Release - MINING.COM


1 This is a non-GAAP performance measure. See Non-GAAP Performance Measures .
Gordon Stothart, President and CEO of IAMGOLD commented, The second quarter of 2021 was challenging primarily because production from our Rosebel mine was unexpectedly adversely affected by unusually heavy rains and an increase in COVID-19 cases in Suriname, in addition to difficult industrial relations. Essakane continued to perform strongly and we were able to finalize a new three-year collective labour agreement with our unionized employees. Westwood underground mining recommenced in the East Zone, albeit at a more tempered pace in order to accommodate enhanced safety measures in keeping with our safety-first culture. We also disclosed an increase in estimated project costs at Côté Gold, which remains on track for commercial production in the second half of 2023. As noted in our updated guidance, previously disclosed on July 22, 2021, we expect continued strong performance from Essakane in the ....

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Strong Performance Across The Group Sees VEON Raise Full Year Guidance


PRESENTATION OF FINANCIAL RESULTS
VEON s results presented in this earnings release are based on IFRS unless otherwise stated and have not been audited.
Certain amounts and percentages that appear in this earnings release have been subject to rounding adjustments. As a result, certain numerical figures shown as totals, including those in tables, may not be an exact arithmetic aggregation of the figures that precede or follow them.
All comparisons are on a year on year (YoY) basis unless otherwise stated.
The non-IFRS measures disclosed in the document, i.e. EBITDA, EBITDA margin, Net Debt, Equity Free Cash Flow (after licenses), Operational Capital Expenditures, Capex Intensity, local currency year on year change, ARPU are defined in Appendix A. ....

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FTSE Closes Lower as Bearish Mood Overtakes Investor Sentiment


Provided by
Dow Jones
Feb 10, 2021 5:16 PM UTC
Market News:
FTSE 100 6,524.36 -7.20 -0.11%
FTSE 250 20,996.44 -116.50 -0.55%
FTSE AIM 1,211.51 -0.31 -0.03%
Shares in London closed moderately in red territory as the momentum that had driven gains in recent days has now ebbed. For much of the day, investor sentiment was higher as it appeared likely that the U.S. government was nearing approval of its $1.9 trillion spending plan. Roughly an hour ago, sentiment turned a little bearish as U.S. tech stocks rolled over and that impacted confidence on this side of the Atlantic, said David Madden, Market Analyst at CMC Markets UK. ....

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