{"id":581,"date":"2012-11-27T09:50:51","date_gmt":"2012-11-27T14:50:51","guid":{"rendered":"http:\/\/www.juniorminingnews.com\/?p=581"},"modified":"2012-11-27T09:50:51","modified_gmt":"2012-11-27T14:50:51","slug":"major-drilling-quarterly-profits-drop","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=581","title":{"rendered":"Major Drilling quarterly profits drop"},"content":{"rendered":"<p><em>Reuters<\/em><\/p>\n<figure id=\"attachment_583\" aria-describedby=\"caption-attachment-583\" style=\"width: 160px\" class=\"wp-caption alignright\"><a href=\"http:\/\/www.juniorminingnews.com\/wp-content\/uploads\/2012\/11\/mcguire160.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-583\" title=\"mcguire160\" src=\"http:\/\/www.juniorminingnews.com\/wp-content\/uploads\/2012\/11\/mcguire160.jpg\" alt=\"\" width=\"160\" height=\"231\" \/><\/a><figcaption id=\"caption-attachment-583\" class=\"wp-caption-text\">Francis McGuire<\/figcaption><\/figure>\n<p>Major Drilling Group International Inc\u00a0reported a 29 percent drop in quarterly profit on Monday as many mining companies did not extend drilling programs beyond their original budgets and as more projects were delayed or canceled.<\/p>\n<p>The mine drilling company also warned it expects to post a seasonal loss in its fiscal third quarter, which extends into January 2013, as drilling activity slows for the holiday season.<\/p>\n<p>&#8220;Holiday breaks are expected to be longer this year and November will not have the benefit of the program extensions that we had last year,&#8221; said Chief Executive Francis McGuire in a statement.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2012\/11\/26\/us-majordrilling-earnings-idUSBRE8AP18720121126\" target=\"_blank\">Read the entire article . . .<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major Drilling Group International Inc reported a 29 percent drop in quarterly profit on Monday as many mining companies did not extend drilling programs.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/581"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=581"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/581\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}