Industry News

Ormat Technologies Inc., managed by CEO Isaac Angel and controlled by the FIMI Opportunity Funds, is acting to raise hundreds of millions of dollars in non-tradeable debt from Israel's financial institutions in order to recycle a loan under improved conditions. According to market sources, local underwriting entities are currently discussing two raise options with the financial institutions a private loan or an issue of a series of non-..."/>
Ormat to raise $250m dollars for loan recycling [Globes, Tel Aviv, Israel]
Hits and misses with AIM's volatile stocks [Daily Mail, London]
Daily Mail, London, market report column [Daily Mail, London]
Stillwater Mining Co. reported Friday an $800,000 profit for the second quarter, beating analyst expectations and pleasing investors. The gains represented only 1 cent per share for investors, but it was a big improvement from the nearly $10 million loss in the previous quarter for Montana's largest mining company. Stillwater officials noted in a conference call with investors that prices of platinum and palladium are..."/>
Stillwater Mining rides rising metals prices to profitable quarter [Billings Gazette, Mont.]
Allegheny Technologies and Alcoa delivered optimistic earnings reports in the past month."/>
Pittsburgh-area metal producers roared back in July [The Pittsburgh Tribune-Review]
Vedanta Ltd, the flagship company of Anil Agarwal's Vedanta Resources Plc., on Friday reported a drop of 30% in consolidated net profit for the June quarter, hurt by lower oil and metal prices. The company's net profit dropped to Rs. 615 crore from Rs.844.14 crore in the year-ago period. Net sales fell 15% to Rs.14, 437 crore from Rs.17, 008.81 crore in the year-ago quarter."/>
Vedanta Q1 net profit down 30% to Rs615 crore [Mint, New Delhi]
Vedanta Ltd, the flagship firm of Anil Agarwal's Vedanta Resources Plc, on Friday reported a drop of 30% in consolidated net profit for the June quarter, hurt by lower oil and metal prices. Net profit dropped to Rs.615 crore from Rs.844.14 crore a year ago. Net sales fell 15% to Rs.14, 437 crore from Rs.17, 008.81 crore in the year-ago quarter."/>
Vedanta Q1 net profit down 30% to Rs615 crore [Mint, New Delhi]
Is regional the new cool in Indian cinema? [Mint, New Delhi]
Lundin Gold Inc. reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the issuance of 10,000,000 common shares in connection with its previously disclosed public offering and the issuance of 9,293 common shares in connection with the previously disclosed loan facility, as at July 31, 2016 the number of issued and outstanding shares of the Company..."/>
Lundin Gold Share Capital and Voting Rights Update
Alexco Resource Corp. announced today that it has filed a final short form base shelf prospectus with the securities commissions in each of the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario and a corresponding amendment to its registration statement on Form F-10 with the United States Securities and Exchange Commission under the U.S./ Canada Multijurisdictional Disclosure System. The shelf prospectus..."/>
Alexco Files Final Shelf Prospectus and Registration Statement
Indico Resources Ltd. today announces that all resolutions proposed at its Annual General and Special Meeting held on July 29, 2016, were duly passed."/>
Indico Reports Results From Annual General and Special Meeting
Lundin Gold Inc. is pleased to announce its results for the three and six months ended June 30, 2016. All amounts in this release are in U.S. dollars unless otherwise indicated. --On June 6, 2016, the Company announced the results of an independent feasibility study for the Fruta del Norte Project. The highlights are as follows:-- Probable Mineral Reserves totaling 4.82 million ounces of gold and 6.34 million ounces of silver;-- Project economics..."/>
Lundin Gold Inc. Reports Q2 2016 Results
Almonty Industries Inc. announces that it has closed the first tranche of its previously announced private placement issuing AUD $500,000 of unsecured convertible debentures."/>
Almonty Announces Closing of AUD$500,000 Convertible Debenture Private Placement and Shares for Debt Settlement
Sama Resources Inc./ Ressources Sama Inc. is pleased to announce the closing of the non-brokered private placement announced on May 9, 2016. The Corporation has issued a total of 6,550,500 units of Sama at a price of $0.10 per Unit for gross proceeds of CAD $655,050.."/>
Sama Resources Closes Equity Financing

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