The Covid-19 pandemic continues to impact on commodity markets, Hong Kong-based trader Noble Group said on Friday, reporting an after-tax loss of $331-million in the first six months of the year.
“Trading during the period was dominated by Covid-199, …
Commodities trader Noble posts interim loss Read More »
TORONTO – A “wild swing” in the Mexican peso weighed on Torex Gold‘s first quarter, despite solid production of 108,537 oz. gold at the company’s El Limon Guajes mining complex in Guerrero state. In a release, Torex president and CEO……
GOLD: Falling peso affects Torex’s Q1 Read More »
TORONTO – Hudbay Minerals reported Q3 operating and financial results which put it on track to meet its 2019 production guidance. Company wide Q3 copper production came in at 36,422 tonnes with an additional 28,639 tonnes of zinc as well…
The pos…
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TORONTO – High grade gold miner Kirkland Lake Gold has posted record cash flows and net earnings – $0.84 per share – for Q3 2019 (all figures U.S. dollars). The company credits strong production growth and better unit costs. Net…
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GOLD: KLGold breaks records with Q3 results Read More »
VANCOUVER – Trevali Mining Corp. released Q3 financial and operating results from its operations located in Canada, South America and Africa. Q3 zinc production came in at 106.8 million pounds payable, a new record for the company and a slight…
T…
ZINC-LEAD-SILVER: Trevali reports record quarterly zinc production Read More »
QUEBEC – Montreal-based Azimut Exploration and strategic partner SOQUEM report drilling multiple new gold-copper zones of mineralization on the Rex-Duquet property in Nunavik. SOQUEM supplied $4 million for work at the site, and Azimut is the operator….
GOLD-COPPER: Azimut, SOQUEM discover multiple new zones at Rex project Read More »
CALGARY – The waning fortunes of the petroleum industry are reflected in Suncor Energy’s Q3 2019 results. The company generated $2.7 billion from operations, down 17% from $3.1 billion during the same quarter in the previous year. Cash flow provided…
OILSANDS: Suncor Q3 results fall off Read More »
JSE-listed Assore has achieved record attributable earnings for the third consecutive financial year, as iron-ore prices increased and the rand:dollar exchange rate weakened. The group on Thursday posted a 25% year-on-year increase in headline earnings…
Assore achieves third consecutive earnings record Read More »
Aim-listed Capital Drilling on Thursday reported an 87.3% increase in earnings a share for the six months ended June 30 to $0.037, compared with the $0.02 reported for the six months to June 30, 2018. The drilling solutions company’s net profit after t…
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QUEBEC – Stornoway Diamond Corp. of Montreal released its Q2 2019 report and repeated its plea for a partner or buyer for the money-losing Renard mine 350 km north of Chibougamau. The company began the hunt for a buyer or…
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DIAMONDS: Stornoway still seeking partner to ease finances Read More »
