Industry News

Companhia Siderurgica Nacional announces its results for the second quarter of 2016:. R $855 million EBITDA generated, a 17% increase over 1 Q16, with 19% EBITDA Margin During June, the EBITDA reached R $320 million, showing a recovery in the domestic steel market and the mining segment Steel Sales of 1,253 kt, a slight expansion over 1 Q16 Increased share of Coated Products, achieving 60% of the flat steel sales Iron Ore Production of 8.5 Mt, with..."/>
CSN announces 2Q16 results
Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel coil processing and steel and pipe distribution, announced today its results of operations for the first quarter. For the quarter ended June 30, 2016, the Company recorded a net loss of $1,461,219 on sales of $22,393,764. For the quarter ended June 30, 2015, the Company recorded net earnings of $525,949 on sales of $23,968,569.. For further information, please refer to the..."/>
Friedman Industries, Incorporated Announces First Quarter Results
MAG Silver Corp. announces the Company's unaudited financial results for the three and six months ended June 30, 2016. For details of the June 30, 2016 unaudited Financial Statements and Management's Discussion and Analysis, please see the Company's filings on SEDAR or on EDGAR. All amounts herein are reported in thousands of United States dollars unless otherwise specified. --Deep exploration drilling at Juanicipio was ongoing..."/>
MAG Silver Reports Second Quarter Financial Results
IIROC Trading Halt - WCX
Dundee Precious Metals Inc. is pleased to announce that the Ausmelt furnace at its Tsumeb smelter in Namibia successfully recommenced operations on August 13, 2016, as anticipated. On July 22, 2016, a regional power outage, followed by issues with emergency power backup systems, led to damage to the refractory lining of the Ausmelt furnace, the repair of which was expected to take three weeks. The reheating of the furnace commenced on August 9, 2016..."/>
Dundee Precious Metals Announces the Successful Restart of the Tsumeb Smelter
Nautilus Minerals Inc. announces the release of its unaudited consolidated Financial Statements for the second quarter ended June 30, 2016, together with Management's Discussion and Analysis. --Advanced the Solwara 1 Project-- Advanced the construction of the Production Support Vessel-- Completed rights offering-- Upgraded and increased CCZ Mineral Resource and released a NI 43-101 Technical Report on Polymetallic Nodules-- Announced a change to..."/>
Nautilus Minerals Announces Financial Results for Q2 2016
Compass Minerals’ growth strategy Purchase consideration for remaining 65 percent of Produquímica is expected to range from $460 million to $480 million* including the assumption of debt Expected to add $0.12 to $0.15 to earnings per share in 2016, net of incremental debt financing cost. OVERLAND PARK, Kan.---- Compass Minerals today announced an agreement to purchase all outstanding interest in Produquímica Indústria e Comércio S.A., one of Brazil’ s..."/>
Compass Minerals to Acquire Full Ownership of Leading Brazilian Specialty Plant Nutrition Company
Frutarom Industries Ltd. has reported record revenue of of $300.2 million in the second quarter of 2016, up 37.4% on the corresponding quarter of 2015. The company reported that constant currency growth in pro-forma terms was 7.2%. Adjusted for non-recurring items, gross profit grew by 36.9% to $116.9 million; EBITDA grew by 33.2% to $57.2 million; and net profit grew by 22.7% to $33.7 million."/>
Frutarom reports record quarter [Globes, Tel Aviv, Israel]
West Melville Metals Inc. is pleased to announce that it has signed a definitive agreement with Gorilla Minerals Corp., an unlisted reporting issuer, to acquire a 90% joint venture interest in certain mineral property interests located in the Yukon Territory and generally referred to as the "Wels Property"."/>
West Melville Metals Inc. Announces Option to Joint Venture Agreement to Acquire the Wels Property in Western Yukon and a Proposed $2.0M Financing
Chemtrade Logistics Income Fund announced today a public offering, on a "bought deal" basis, of $125 million principal amount of convertible unsecured subordinated debentures, at a price of $1,000 per debenture, with an interest rate of 5.00% per annum, payable semi-annually on the last day of February and August commencing on February 28, 2017."/>
Chemtrade Logistics Income Fund Announces $125 Million Convertible Debenture Bought Deal
Chemtrade Logistics Income Fund. Halt Time: 3:09 PM ET."/>
IIROC Trading Halt - CHE.UN
Post Properties announced Monday an agreement to merge so that Post becomes part of MAA. The coupling of MAA's 80,846 apartment units and Post's 24,162 units creates a publicly traded real estate investment trust that is focused on Sunbelt states. The combined company's corporate headquarters will be in Memphis, and MAA will maintain a significant presence in Atlanta and Dallas."/>
Memphis' MAA to buy Atlanta apartment owner for $3.88 billion [The Commercial Appeal, Memphis, Tenn.]
Lincoln Mining Corporation announces that, further to its news release dated July 4, 2016, it continues to arrange for a non-brokered private placement of up to 9,000,000 units at a price of $0.10 per unit for total proceeds of up to $900,000. Each Unit will be comprised of one common share of the Company and one half of one non-transferable common share purchase warrant."/>
Lincoln Mining Provides Update on Proposed Private Placement of Up to $900,000
Lydian International Limited is pleased to announce that it has closed its previously announced non-brokered private placement of ordinary shares of the Company to the European Bank for Reconstruction and Development."/>
Lydian Closes Private Placement With the European Bank for Reconstruction and Development
Cliffs Natural Resources Inc. announced today that its Tilden Mining Company has entered into a new 20- year energy agreement with WEC Energy Group to provide Tilden mine with a long-term, reliable and affordable source of electrical power in Michigan. Lourenco Goncalves, Cliffs' Chairman, President and CEO, said, "With a significant and longstanding presence in the Upper Peninsula of Michigan that spans over 160 years, Cliffs' commitment to..."/>
Cliffs Natural Resources Announces New Energy Agreement with WEC Energy Group for its Tilden Mine in Michigan
Ucore Rare Metals Inc. is pleased to update on the continuing performance of the SuperLig ®- One rare earth element separation pilot plant. 99.99% Dysprosium has been produced from pregnant leach solution derived from the Company's Bokan-Dotson Ridge project in Alaska by the SuperLig ®- One Molecular Recognition Technology Pilot Plant at the IBC Advanced Technologies, Inc. Utah facility. The pure Dy was recovered from the..."/>
Ucore Produces 99.99% Dysprosium via SuperLig(R)-One Pilot Plant
Kilo Goldmines Ltd. has been requested by the Investment Industry Regulatory Organization of Canada to comment on the recent increase in the trading volume and price of the Company's common shares on the TSX Venture Exchange. The Company is not aware of any material change in its business or affairs that has not been publicly disclosed that would account for the recent increase..."/>
Kilo Comments on Recent Trading Activity
Scio Diamond Technology Corp., a leading lab-grown diamond producer, announced financial results for its fiscal 2017 first quarter ended June 30, 2016.. "We are pleased to report quarterly revenue growth as a result of the Company's increased production capacity and renewed focus on growing near-colorless, white diamond gemstones," said Gerald McGuire, Scio Diamond CEO. After the Company returned to full production in April, following..."/>
Scio Diamond Reports First Quarter FY 2017 Results
Gold Mountain Mining Corporation. IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company."/>
IIROC Trading Resumption - JDL; AFY; GUM
Alabama Graphite Corp. is very pleased to announce that further to its June 23, 2016 announcement (' Alabama Graphite Corp. Announces Shipment of American Sourced and Manufactured CSPG Samples to United States Department of Defense Lithium-ion Battery Solutions Provider'), the Company has manufactured and shipped three one-kilogram evaluation samples of its Purified Micronized Graphite to a U.S.-based leader in both Lithium-ion and lithium..."/>
Alabama Graphite Corp. Announces Multi-Kilogram Shipment of American Sourced and Manufactured Samples to United States Department of Defense (DoD) Lithium-ion Battery Manufacturer
Martin Marietta Materials, Inc. announced that a new independent director has been elected to its Board of Directors. John J. Koraleski, former Chairman of the Board of Directors and CEO of Union Pacific Corporation, was elected to Martin Marietta’ s Board of Directors on August 15, 2016. Koraleski, 65, also served as Executive Chairman of the Board of Directors for Union Pacific from February 2015 until his retirement in September 2015."/>
Martin Marietta Announces the Election of New Board Members

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