Featured News
BMO Capital Markets to Host Global Metals & Mining Conference for 29th Year
NEW YORK and TORONTO, Feb. 18, 2020 /CNW/ - BMO Capital Markets will host its 29(th) Global Metals & Mining Conference from February 23 to February 26, 2020 in Hollywood, Florida.
The flat steel market is estimated to be USD 434.8 billion in 2019 and is projected to reach USD 580.2 billion by 2024, at a CAGR of 5.9% from 2019 to 2024
NEW YORK, Feb. 18, 2020 /PRNewswire/ --
B2Gold Donates 1,000 Ounces of Gold to Conservation Initiative to Protect Endangered Black Rhino in Southern Africa
VANCOUVER, Feb. 18, 2020 /CNW/ - B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce a ground-breaking donation of 1,000 ounces of gold, with a value of approximately US$1.5 million, to support black rhino conservation and the communities that protect them in Namibia, Southern Africa.
Stonepeak Infrastructure Partners Signs Agreement to Acquire TRAC Intermodal
PRINCETON, N.J., Feb. 18, 2020 /PRNewswire/ -- Stonepeak Infrastructure Partners ("Stonepeak") announced today that it has entered into a binding agreement to acquire TRAC Intermodal ("TRAC"), a leading intermodal infrastructure provider, and its subsidiaries from investment funds managed by an affiliate of Fortress Investment Group LLC. The transaction will provide Stonepeak with an industry leader to strengthen its infrastructure and transportation market portfolio and TRAC with a new sponsor and support for future growth. TRAC's existing management team will continue to run the business in their current capacities.
Defense Metals Hydrometallurgy Test Program Achieves ~90% Rare Earth Element Extraction From Wicheeda Flotation Concentrate
VANCOUVER, Feb. 18, 2020 /CNW/ - Defense Metals Corp. ("Defense Metals") (TSX-V:DEFN / OTCQB:DFMTF / FSE:35D) is pleased to announce that it has received final bench-scale hydrometallurgical test program results for the Wicheeda Rare Earth Element Property ("Wicheeda") from SGS Canada Inc. ("SGS"). Samples of Wicheeda flotation concentrate used in a hydrometallurgical test program led to the successful development of a flowsheet capable of processing the concentrate to a high grade mixed REE hydroxide precipitate. Highlights of the recently completed hydrometallurgical test program include:
Nucor Announces 188th Consecutive Cash Dividend
CHARLOTTE, N.C., Feb. 18, 2020 /PRNewswire/ -- The board of directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.4025 per share on Nucor's common stock. This cash dividend is payable on May 11, 2020 to stockholders of record on March 31, 2020 and is Nucor's 188(th) consecutive quarterly cash dividend.
Larry West, a New York-based Collector of Exclusive Pink Diamonds, Has Welcomed the Addition of a 6.21-Carat Cushion Cut Fancy Intense Pink Purple Diamond Unearthed by ALROSA
MOSCOW, Feb. 18, 2020 /PRNewswire/ -- The unique stone originates from Yakutia, a region in northeastern Siberia located partly within the Arctic Circle. The diamond was discovered and polished by ALROSA, the world's largest rough diamond producer by volume.
X-Terra Resources Initial Drilling at Northwest Hits Gold
ROUYN-NORANDA, QC, Feb. 18, 2020 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce that its first two holes at the Northwest property, located in Restigouche county, New Brunswick, have returned gold values.
Dolly Varden Appoints New CEO and Adds New Board Members with Changes to Management Team
VANCOUVER, Feb. 18, 2020 /PRNewswire/ - Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (the "Company" or "Dolly Varden") is pleased to announce that it has appointed Shawn Khunkhun as President, CEO, and Director, and has appointed Robert McLeod as a Director and technical advisor, both effective February 18, 2020. Gary Cope has resigned from his position as President and Director which he has held since December 2016 in order to focus on other business interests. We thank Gary, and the Belcarra team, for their service in defining the geological potential of the Dolly Varden mineral assets over the past 3 years.
Maverix Metals Announces Record Gold Equivalent Ounces for 2019 and Provides Outlook for 2020
VANCOUVER, Feb. 18, 2020 /PRNewswire/ - Maverix Metals Inc. (the "Company" or "Maverix") (NYSE American & TSX: MMX) is pleased to announce record gold equivalent ounces for 2019 and provide guidance for 2020.
SPX FLOW to Present at the 2020 Barclays Industrial Select Conference
CHARLOTTE, N.C., Feb. 18, 2020 /PRNewswire/ -- SPX FLOW, Inc. (NYSE:FLOW), a leading provider of process solutions, announced today that Marc Michael, President and Chief Executive Officer, and Jaime Easley, Vice President and Chief Financial Officer, will participate in the Barclays Industrial Select Conference in Miami, Florida on Thursday, February 20, 2020 at 10:20 a.m. Eastern time.
NN, Inc. Names Warren Veltman President and CEO
CHARLOTTE, N.C., Feb. 18, 2020 /PRNewswire/ -- NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced that its Board of Directors has appointed Warren Veltman President and Chief Executive Officer, effective immediately. Mr. Veltman has served as NN's interim President and CEO since September 16, 2019.
Micromachining Market Worth $3.3 Billion by 2025 - Exclusive Report by MarketsandMarkets™
CHICAGO, Feb. 18, 2020 /PRNewswire/ -- According to the new market research report on the "Micromachining Market by Type (Traditional, Non-traditional, Hybrid), Process (Additive, Subtractive, Others), Axis (3 axes, 4 axes, 5 axes), Industry (Automotive, Aerospace & Defense), and Geography - Global Forecast to 2025", published by MarketsandMarkets™, the global Micromachining Market size is projected to reach USD 3.3 billion by 2025 from USD 2.4 billion in 2020, at a CAGR of 6.2%. The growth of this market can be attributed to the increasing preference for laser-based micromachining over traditional processes and increasing demand for miniaturization of microelectronic devices.
BatteryOne acquires a 2.0% Copper NSR on Teck / Newmont's NuevaUnion project
VANCOUVER, Feb. 18, 2020 /CNW Telbec/ - BatteryOne Royalty Corp. ("BatteryOne" or the "Company") is pleased to announce that it has acquired an existing 2.0% net smelter return royalty ("NSR") on future copper production on the Cantarito claim ("Cantarito") of the La Fortuna deposit((1)) ("La Fortuna Deposit"). The La Fortuna Deposit is one of the two deposits, the other being Relincho, located 40km apart, comprising the NuevaUnion project ("NuevaUnion") in the Huasco Province in the Atacama Region of Chile.
Global High Strength Steel (HSS) Market is Primarily Driven by Increasing Demand From Automotive Sector; Market Valuation to Rise up to ~US$41.3 Billion by 2027: TMR
- The growth of the global high strength steel has been primarily driven by the booming automotive industry as they try to develop lightweight vehicles
Nexa Resources Perú S.A.A. Launches A Cash Tender Offer For Any And All Of Its Outstanding 4.625% Notes Due 2023
LIMA, Peru, Feb. 18, 2020 /PRNewswire/ -- Nexa Resources Perú S.A.A. (f/k/a Compañía Minera Milpo S.A.A.) (the "Company"), a publicly held corporation (sociedad anónima abierta) organized under the laws of the Republic of Peru and a subsidiary of Nexa Resources S.A., today announced that it has commenced an offer to purchase for cash (the "Tender Offer") any and all of its outstanding 4.625% Notes due 2023 (the "Notes").
BorgWarner's Twin Scroll Turbocharger Delivers Power and Response for Premium Manufacturers
AUBURN HILLS, Mich., Feb. 18, 2020 /PRNewswire/ -- BorgWarner's twin scroll turbochargers featuring enhanced high temperature performance thanks to the use of sophisticated steel alloys, are being delivered to the BMW Group for its new 3.0-liter inline six-cylinder gasoline engine. Used across a wide range of BMW passenger cars, the engine has two performance options - medium and high - and delivers 250 to 280 kW of power and 500 to 550 Nm of torque.
Mycronic Receives Order for an SLX Mask Writer
STOCKHOLM, Feb. 18, 2020 /PRNewswire/ -- Mycronic AB (publ) has received an order for the new SLX mask writer from a customer in Asia. The customer already has mask writers from Mycronic. The order value for the chosen SLX configuration is between USD 3 and 4 million. Delivery is scheduled for the fourth quarter of 2020.
Nano Dimension Appoints Seasoned Hi-Tech Executive Yaron Eitan to its Board of Directors
NESS ZIONA, Israel, Feb. 18, 2020 /PRNewswire/ -- Nano Dimension Ltd., a leading Additively Manufactured Electronics (AME) provider (Nasdaq, TASE: NNDM), announced today the appointment of Mr. Yaron Eitan as a member of the company's Board of Directors, effective immediately.
Lake Resources NL (ASX:LKE) Pilot Plant Processing Brines
Lithium explorer and developer Lake Resources NL (ASX:LKE) (FRA:LK1) provides this update on ongoing test work and commissioning of the Lilac Solutions ion exchange pilot plant module.
The global automatic checkweigher market accounted for US$ 235.2 Mn in 2018 and is expected to grow at a CAGR of 4.6% over the forecast period 2019-2027, to account for US$ 342.4 Mn in 2027
NEW YORK, Feb. 17, 2020 /PRNewswire/ --
Chicago Rivet & Machine Co. Declares Dividend
NAPERVILLE, Ill., Feb. 17, 2020 /PRNewswire/ -- On February 17, 2020 the Board of Directors of Chicago Rivet & Machine Co. (NYSE American: CVR) declared a regular quarterly dividend of twenty two (22) cents per share, payable March 20, 2020 to shareholders of record at the close of business on March 5, 2020.
Nova Minerals Ltd (ASX:NVA) Drilling Program Commenced at the Estelle Gold Camp
The Directors of Nova Minerals Limited (ASX:NVA) (FRA:QM3) (OTCMKTS:QTRPF) are pleased to provide an update on the current efforts of advancing the resource development programs at the company's district scale Estelle Gold Project. With the timely delivery of the first diamond drill rig to the project, the company is pleased to announce drilling program has now commenced. Additional rigs will be mobilized to the project as the company continues to ramp up the drilling program significantly over the course of the year.
Resolution Minerals Ltd (ASX:RML) Drilling to Start at 64North Project in Early March
Resolution Minerals Ltd (ASX:RML) is pleased to announce that it has selected Ruen Drilling via our project partner Millrock Resources (CVE:MRO), to commence drilling in early March on the compelling Aurora targets (Alaska) via a road based program. The maiden program will test the eastern Aurora Targets close to the claim boundary with Northern Star (ASX:NST) - Figure 1*. These drill targets have significant geophysical characteristics in both the magnetic and CSAMT signatures to NST's Goodpaster Discovery and the Pogo Gold Mine itself.
Rumble Resources Ltd (ASX:RTR) High Grade Gold Discovery at the Western Queen Project
Rumble Resources Ltd (ASX:RTR) (FRA:20Z) is pleased to announce results from RC, diamond core drilling and down-hole geophysical surveys at the Western Queen Project located north-west of Mt Magnet, Western Australia.
Cyprium Metals Ltd (ASX:CYM) Outstanding Copper Leaching Results and Scoping Study Commences
Cyprium Metals Ltd (ASX:CYM) is pleased to advise that metallurgical column test-work has progressed on the samples of the massive and semi-massive sulphides from the known copper mineralisation at the Hollandaire prospect.
Classic Minerals Ltd (ASX:CLZ) RC Drilling Rig back at Kat Gap
WA-focused gold exploration and development company Classic Minerals Limited (ASX:CLZ) ("Classic", or "the Company") is pleased to announce that it has recommenced RC drilling at its 100% owned Kat Gap Gold Project covering exploration licences E74/422 and E74/467.
Augusta Precious Metals Partners With Joe Montana to Educate and Empower Those Saving for Retirement
LOS ANGELES, Feb. 14, 2020 /PRNewswire/ -- Augusta Precious Metals, the leader in providing gold and silver to IRA accounts, is excited to announce a partnership with legendary quarterback Joe Montana.
Buhler Industries Reports 1st Quarter Earnings
Dover Declares Regular Quarterly Cash Dividend
DOWNERS GROVE, Ill., Feb. 14, 2020 /PRNewswire/ -- The Board of Directors of Dover (NYSE: DOV) today declared a regular quarterly cash dividend of $0.49 (forty-nine cents) per share, payable on March 16, 2020, to shareholders of record as of February 28, 2020.
KONE wins order for Harrah's Cherokee Casino Resort
LISLE, Ill., Feb. 14, 2020 /PRNewswire/ -- KONE, a global leader in the elevator and escalator industry, has won an order to provide KONE elevators for Harrah's Cherokee Casino Resort in Cherokee, N.C.
Turquoise Hill to Effect Share Consolidation and Voluntarily Delist from Nasdaq
MONTREAL, Feb. 14, 2020 /CNW/ - Turquoise Hill Resources Ltd. (the "Company") announced today that it will be seeking shareholder approval to implement a consolidation of its outstanding common shares. Reasons for and details of the share consolidation will be included in the Company's Management Proxy Circular, which will be mailed to the Company's shareholders in advance of the Company's 2020 Annual Meeting of Shareholders.
ATS Collaborates with Conestoga to Advance Digitization Capabilities
Research intended to enable next-generation worker training and will involve Bruce Power's refurbishment program
Laurion Appoints New Director
TORONTO, Feb. 14, 2020 /CNW/ - LAURION Mineral Exploration Inc. (TSX.V: LME) and (OTCPINK: LMEFF) ("LAURION" or the "Corporation") is pleased to announce the appointment of Nick Ierfino as a new director of the Corporation. Mr. Ierfino is a chartered accountant and the founding partner of I&A Professional Corp., with over 37 years of experience in public accounting. Mr. Ierfino specializes in business advisory and restructuring, and has previously held positions at Arthur Andersen LLP and Olivetti Canada.
Mistango Increases Land Position Adjacent to Kirkland Lake Gold's Macassa Mine by 130%
TORONTO, Feb. 14, 2020 /CNW/ - Mistango River Resources Inc. (MIS: CSE, "Mistango" or the "Company") is pleased to announce that it has increased its Eby-Baldwin property area by 130% to 2,194 hectares from 954 hectares. Eby-Baldwin is contiguous with Kirkland Lake Gold's Macassa Mine and adjacent to Agnico Eagle's Upper Beaver deposit property.
Alacer Gold Reports Exploration Results From the Mavialtin Porphyry Belt in the Çöpler District
TORONTO, Feb. 14, 2020 /CNW/ - Alacer Gold Corp. ("Alacer" or the "Corporation") [TSX: ASR and ASX: AQG] is pleased to announce drill results for the Mavialtin Porphyry Belt (Mavialtin). Mavialtin is a structural corridor approximately 6-7km wide and extending over approximately 20km from Alacer's producing Çakmaktepe Mine to the Mavidere porphyry deposit. Mavialtin hosts at least four areas of porphyry gold copper mineralization, namely Mavidere, Findiklidere, Saridere and Aslantepe (Figure 1).
SSR Mining Announces Redemption of 2.875% Convertible Senior Notes Due 2033
VANCOUVER, Feb. 13, 2020 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) ("SSR Mining") today announced that it intends to redeem for cash all of its outstanding 2.875% Senior Convertible Notes due 2033 (the "2013 Notes") on March 30, 2020 (the "Redemption Date") totaling an aggregate principal amount of $114,947,000, in each case, at a redemption price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to, but excluding, the Redemption Date (the "Redemption Price"). Following the redemption of the 2013 Notes, no 2013 Notes will remain outstanding.
White Rock Minerals Ltd (ASX:WRM) Kentgrove Equity Placement Facility - Further Prospectus
As announced on 13 December 2017, White Rock Minerals Ltd (ASX:WRM) entered into an Equity Placement Facility (Facility) with Kentgrove Capital Growth Fund (Kentgrove Capital).
Arianne Closes first tranche of financing
DAN: TSX-V (Canada)
JE9N: FSE (Germany)
Agnico Eagle Reports Fourth Quarter and Full Year 2019 Results - Record Annual and Quarterly Gold Production; Production Guidance Outlines 18% Growth Through 2022 With Declining Unit Costs in 2021 and 2022; Pipeline Projects Continue to Advance; Quarterly
Stock Symbol: AEM (NYSE and TSX)
Mineral Hill Provides Closing Details of First Tranche of First Private Placement Announced on February 3rd, 2020
Toronto: TSX-V: MHI
Frankfurt: N8Z1/WKN: AODLHP
OTC Market (US): MHIFF
Ryerson to Host Conference Call on Thursday, March 5th to Discuss Fourth Quarter and Full-Year 2019 Results
CHICAGO, Feb. 13, 2020 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss fourth quarter and full-year 2019 financial results for the period ended December 31, 2019, on Thursday, March 5(th), at 10 a.m. Eastern Time. The live online broadcast will be available on the Company's investor relations website, ir.ryerson.com. Ryerson will report earnings after the market closes on Wednesday, March 4(th).
Diamond Fields Announces Completion of C$1,000,000 Debt and Equity Financing
VANCOUVER, Feb. 13, 2020 /CNW/ - Diamond Fields Resources Inc. (TSX-V: DFR) ("DFR" or the "Company") announces that it has completed the C$1,000,000 working capital financing announced on 15 January 2020.
Oroco Announces Altamura Option Exercise Plan
VANCOUVER, Feb. 13, 2020 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") announces that, with the TSX Venture Exchange acceptance for filing of its option agreement (the "Option Agreement") with Altamura Copper Corp. and the Altamura shareholders, the Company is moving to the next phase of its development plan for the Santo Tomas Project. The exercise of the option granted pursuant to the Option Agreement (the "Option") will give the Company a controlling interest in the Santo Tomas Project. This is the final major step in the acquisition phase of the Company's plans for the Santo Tomas Project. The Company is now positioned to move into the historical resource confirmation and expansion phase as it works to progress the Santo Tomas deposit to an NI 43-101 compliant resource. The Company intends to hold a board meeting next week with regard to the exercise of the Option.
Columbus Gold Announces $2.5 Million Private Placement
VANCOUVER, Feb. 13, 2020 /PRNewswire/ - Columbus Gold Corp. (CGT: TSX, CGTFF: OTCQX) ("Columbus") is pleased to announce a non-brokered private placement (the "Private Placement") for gross proceeds of CAD$2.5 million, to be fully subscribed by OCIM Finance ("OCIM"), a precious metals merchant and financing company, controlled by Laurent Mathiot a director of Columbus Gold.