Industry News

Nevada Zinc Corporation is pleased to report assay results from six reverse circulation drill holes recently completed on the Company’ s Mountain View Mine which constitutes a small portion of the Company’ s Lone Mountain zinc project located near Eureka, Nevada. The holes all tested for the presence of shallow non-sulfide zinc-lead mineralization in areas proximal to historic small scale mine operations along strike from the workings."/>
Nevada Zinc Intersects 12.38% Zinc+Lead Over 12.19 Metres (40 Feet) Extending High Grade Shallow Zinc-Lead Mineralization
ACC Ltd's strong operating performance in the June quarter. The stock gave up its morning gains and closed slightly lower on Tuesday, even after the company reported a robust 36.5% and 79% rise in operating profit and net profit, respectively. The disappointment was on account of sluggish sales volumes, which dropped 1.3% from a year ago."/>
ACC: Volume drop spoils strong operating show [Mint, New Delhi]
Jaiprakash Power Ventures Ltd, part of the debt-laden Jaypee Group, on Tuesday said its lenders have recommended the invocation of strategic debt restructuring. The power producer will be the second group company after Jaiprakash Associates Ltd, where lenders have recommended or discussed invoking SDR. "The lenders are planning on an SDR in the power arm because it allows them some time to manage a standard asset classification."/>
Jaiprakash Power lenders to invoke strategic debt revamp [Mint, New Delhi]
Allegheny Technologies Inc. reported a bigger financial loss in the second quarter as the company cut production in its commodity steel business to deal with low prices and weak demand. The closing of two unprofitable plants in Western Pennsylvania contributed to a 39 percent drop in sales from ATI's Flat Rolled Products segment in the April-June quarter."/>
Production cut drives deeper loss at ATI [The Pittsburgh Tribune-Review]
Centerra Gold Inc. announced today that its Board of Directors has authorized a quarterly dividend of C $0.04 per common share or C $9,686,571. The dividend of C $0.04 per common share is payable on August 25, 2016 to shareholders of record on August 11, 2016. The ex-dividend date will be August 9, 2016.. The dividend is an eligible dividend for Canadian income tax purposes."/>
Centerra Gold Announces Quarterly Dividend of C$0.04 per Share
JSW Steel Ltd is aiming for a 25% growth in volume, to 15.75 million tonnes per annum of crude steel, and sales of 15 MTPA of saleable steel in financial year 2017 as India's long-term outlook for the steel sector remains bright, according to chairman Sajjan Jindal. "We continue to be confident of the India story," Jindal said in his speech at the 22nd annual general meeting of the company. During the current financial year, India is the only major steel consuming market..."/>
JSW Steel expects 25% volume growth coming year: Sajjan Jindal [Mint, New Delhi]
Ryerson Holding Corporation, a leading distributor and processor of metals, announced that it will host a conference call to discuss second quarter 2016 results on Wednesday, August 10 at 10 a.m. 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 Tuesday, August 9.."/>
Ryerson to Host Conference Call on Wednesday, August 10 to Discuss Second Quarter 2016 Results
New Millennium Iron Corp. today announced the award of a financial contribution of $175 million by the Quebec Government to Tata Steel Minerals Canada, in which NML has a minority interest, in support of TSMC's direct shipping ore project. The announcement follows a January 2016 agreement-in-principle between the parties and was made in conjunction with a news conference held today in Sept-Iles, Quebec, and attended by senior Government officials,..."/>
New Millennium Iron Corp. Announces Quebec Government's Award of Financial Contribution to Tata Steel Minerals Canada's Direct Shipping Ore Project
Nevsun Resources Ltd. announces that its 60%- owned subsidiary Bisha Mining Share Company will be increasing its total land package of exploration licenses to 814 square kilometers, up 1,891% from 41 square kilometers in Eritrea's Bisha Volcanogenic Massive Sulfide District. The increased exploration license area consists of two highly prospective land packages:. 184 square kilometers surrounding the existing BMSC mining licenses, providing..."/>
Nevsun Increases Bisha's Exploration License Area Nearly Twenty-Fold
Nevsun Resources Ltd. announces that its 60%- owned subsidiary Bisha Mining Share Company will be increasing its total land package of exploration licenses to 814 square kilometers, up 1,891% from 41 square kilometers in Eritrea's Bisha Volcanogenic Massive Sulfide District. The increased exploration license area consists of two highly prospective land packages:. 184 square kilometers surrounding the existing BMSC mining licenses,..."/>
Nevsun Increases Bisha's Exploration License Area Nearly Twenty-Fold
Capstone Mining Corp. today announced its financial results for the three and six months ended June 30, 2016. Operating cash flow before changes in working capital was $21.6 million or $0.06 per share, with a net loss of $13.4 million and an adjusted net loss of $7.5 million after adjusting for certain non-cash and non-recurring charges. Copper production for the quarter totalled 28,157 tonnes at a C1 cash cost of $1.51 per payable pound..."/>
Capstone Mining Second Quarter 2016 Financial Results
United States Steel Corporation announced today that its Board of Directors declared a dividend of five cents per share on U. S. Steel Common Stock. The dividend is payable September 10, 2016, to stockholders of record at the close of business August 10, 2016.. United States Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel producer and Fortune 200 company with major operations in the United States and Central..."/>
United States Steel Corporation Declares Dividend
AgroFresh Solutions, Inc., a global leader in produce freshness solutions, announced today that it will release second quarter 2016 results before the market opens on Tuesday, August 9, 2016. Management will also hold a conference call to discuss the results on Tuesday, August 9, 2016 at 8:30 a.m. ET. To access the call, please dial 407-4018 from the U.S. or 689-8471 from outside the U.S."/>
AgroFresh Solutions Announces Q2 2016 Results Conference Call
Eco Oro Minerals Corp. is pleased to announce that David Kay has been appointed to the board of directors of the Company, effective as of July 27, 2016. Mr. Kay has been appointed to the Board pursuant to the Company's investment agreement with Trexs Investments, LLC, an entity managed by Tenor Capital Management Company, L.P., which was announced on July 22, 2016.. Kay is a partner at Tenor and the portfolio manager of the Tenor International& Commercial..."/>
Eco Oro Minerals Announces Board Appointment
Turquoise Hill Resources will announce its second quarter financial results on Tuesday, August 2, 2016 after markets close in North America. The Company will host a conference call and webcast to discuss second quarter results on Wednesday, August 3, 2016 at 11:00 am EDT/ 8:00 am PDT. The conference call can be accessed through the following dial-in details:."/>
Turquoise Hill to Announce Second Quarter Financial Results on August 2, 2016
PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, today announced the acquisition of two specialty businesses from Gordon Holdings. The acquired businesses design and produce innovative, lightweight, high-performance solutions, utilizing advanced composite technology and state-of-the-art manufacturing capabilities. Bolstering PolyOne's existing portfolio of thermoset..."/>
PolyOne Acquires Gordon Composites and Polystrand
Taseko Mines Limited reports the results for the three and six months ended June 30, 2016.. Second quarter loss from mining operations before depletion and amortization* was $3.2 million; Site operating costs, net of by-product credits* were US $1.74 per pound produced and total operating costs* were US $2.07 per pound produced; Site operating cost per ton milled* was CAD $9.67, slightly higher than the first quarter of 2016 result of CAD $9.59;..."/>
Taseko Reports Second Quarter 2016 Results
United States Steel Corporation reported a second quarter 2016 net loss of $46 million, or $0.32 loss per diluted share, which included a favorable adjustment of $23 million, or $0.16 per diluted share, associated with a change in estimate for supplemental unemployment, severance and health care continuation costs and a loss on debt extinguishment of $24 million, or $0.17 loss per diluted share. This compared to a second quarter 2015 net loss..."/>
United States Steel Corporation Reports Improved 2016 Second Quarter Results And Stronger Cash And Liquidity Position
Flotek Industries, Inc. today announced results for the three months ended June 30, 2016.. As reported on Form 10- Q filed with the U.S. Securities and Exchange Commission, Flotek reported revenue for the three months ended June 30, 2016, of $72.3 million, a decrease of $14.7 million, or 16.9%, compared to the same period of 2015."/>
Flotek Industries, Inc. Announces Second Quarter, 2016 Financial and Operating Results and Conference Call Information
MDN Inc. is pleased to announce a non-brokered private placement of up to 28,000,000 shares at a price of $0.05 per share for gross proceeds of $1,400,000. The Private Placement is subject to approval from the TSX Venture Exchange, and is expected to close on or about August 4th, 2016.. Proceeds from the Private Placement will be used to initiate a work program at the James Bay Niobium Project, and for general working capital. Following the acquisition of..."/>
MDN Announces Private Placement of up to $1,400,000
IIROC Trading Resumption - STM
Scientific Metals Corp. wishes to clarify certain information regarding the historical estimates disclosed in its press release earlier today relating to the Iron Creek Cobalt Property in Lemhi County, Idaho, USA. A substantial amount of historical exploratory work has been completed on the Property, including approximately 30,000 feet of diamond drilling, and the mining of 1,500 feet of underground workings. Exploration by several..."/>
Scientific Metals Clarifies Historical Estimates Related to the Iron Creek Cobalt Property in the Idaho Cobalt Belt
Canfor Pulp Products Inc. today reported net income of $2.2 million, or $0.03 per share, for the second quarter of 2016, compared to $23.1 million, or $0.34 per share, for the first quarter of 2016 and $17.7 million, or $0.25 per share, for the second quarter of 2015. For the six months ended June 30, 2016, the Company's net income was $25.3 million, or $0.37 per share, compared to $45.7 million, or $0.65 per share, for the six months ended June 30, 2015.."/>
Canfor Pulp Products Inc. announces second quarter 2016 results and quarterly dividend

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