Industry News

Eagle Materials Inc. announced today a registered public offering, subject to market and other conditions, of $300 million aggregate principal amount of senior notes due 2026. The interest rate and other terms of the Notes will be determined at pricing. The Notes will initially be guaranteed by each of Eagle’ s majority-owned subsidiaries."/>
Eagle Materials Announces Commencement of Public Offering of $300 Million of Senior Notes
Mandalay Resources Corporation is pleased to provide exploration updates for the first half of 2016 at all four of its properties: the three producing properties Costerfield, Björkdal, and Cerro Bayo; plus the Challacollo development project. Figures accompanying this release can be found in an exploration presentation posted on the Company’ s website that can be accessed here:. Mark Sander, President and CEO of Mandalay, commented,“ In the first half of..."/>
Mandalay Resources Provides 2016 Mid-Year Exploration Updates for Its Costerfield, Björkdal, and Cerro Bayo Mines and Its Challacollo Project
KAZ Minerals company reduced the cost of the expected Aktogay copper mine project in Kazakhstan by $100 million to $2.2 billion, the company reported. "The project has benefitted from the experience gained at Bozshakol and from the use of local contractors following the 2015 tenge devaluation," said the company's message. The lowered budget for the project results in revised capital expenditure guidance for 2016 of $230 million and 2017 of $350 million."/>
Expected cost of Kazakh copper mine project down by $100M [Trend News Agency, Baku, Azerbaijan]
Golden Star Resources Ltd. announces that it is offering US $65.0 million aggregate principal amount of convertible senior notes due 2021 pursuant to applicable U.S. and Canadian private placement exemptions. As part of the offering, the Company has entered into exchange and purchase agreements with two holders of its 5.0% convertible senior unsecured debentures due June 1, 2017 to exchange approximately US $40.0 million principal amount of the..."/>
Golden Star Announces US$65 Million Private Offering of Convertible Senior Notes
Golden Star Resources Ltd. announces that it intends to offer up to US $30.0 million of its common shares in an underwritten public offering. The Company expects to grant the underwriters of the Equity Offering a 30- day option to purchase additional common shares for additional gross proceeds of up to 15% of the offering amount to cover over-allotments, if any, and for market stabilization purposes. The Company intends to use the net proceeds..."/>
Golden Star Announces US$30 Million Offering of Common Shares
Golden Star Resources Ltd. announces that it is offering US $65.0 million aggregate principal amount of convertible senior notes due 2021 pursuant to applicable U.S. and Canadian private placement exemptions. As part of the offering, the Company has entered into exchange and purchase agreements with two holders of its 5.0% convertible senior unsecured debentures due June 1, 2017 to exchange approximately US $40.0 million principal..."/>
Golden Star Announces US$65 Million Private Offering of Convertible Senior Notes
Golden Star Resources Ltd. announces that it intends to offer up to US $30.0 million of its common shares in an underwritten public offering. The Company expects to grant the underwriters of the Equity Offering a 30- day option to purchase additional common shares for additional gross proceeds of up to 15% of the offering amount to cover over-allotments, if any, and for market stabilization purposes. The Company intends to use the net proceeds from the..."/>
Golden Star Announces US$30 Million Offering of Common Shares
Flotek Industries, Inc. announced today that it has signed a five-year joint technology development agreement with YPF Technologia S.A., the technology arm of YPF Sociedad Anonima, the vertically-integrated national energy company of Argentina. Flotek and Y-TEC will jointly work to develop new technologies and new applications of current technologies with a focus on the oil and gas industry as well as industrial..."/>
Flotek Industries and YPF Technologia S.A. Sign Joint Technology Development Agreement
Geodrill Limited, a leading West African based drilling company, will release its financial results for the three and six month periods ended June 30, 2016, prior to the market open on Monday August 8, 2016.. You can join the call by dialing 1-888-231-8191 or 647-427-7450. A live audio webcast of the conference call will also be available through:. e= 1223095& s= 1& k= 6058 C3F66B90D083392A22E4D6AC98AA."/>
Geodrill Provides Notice for the Second Quarter 2016 Financial Results
Golden Star Resources Ltd. reports its financial and operational results for the second quarter ended June 30, 2016.. Gold production of 42,461 ounces during the second quarter of 2016, in line with expectations Consolidated cash operating costs 1 of $959 per ounce, in line with expectations, a decrease of 14% from the second quarter of 2015 $975 per ounce at Wassa Gold Mine, an increase of 6% from Q2 2015 $943 per ounce at Prestea Gold Mine, a..."/>
Golden Star Reports Second Quarter 2016 Results
FMC Corporation will accelerate the expansion of its global lithium hydroxide production capacity as a result of a new multi-year supply agreement with a major manufacturer of electric vehicles. FMC had previously announced plans to triple its global lithium hydroxide production capacity to serve the growing electric vehicle market, with the first 4,000 metric tons per year scheduled to come on line in mid-2017."/>
FMC Corporation Accelerates Battery Grade Lithium Hydroxide Expansion Following Execution of Multi-Year Supply Agreement with Major Manufacturer of Electric Vehicles
Olin Corporation revealed on Friday that it expects net income to break even and adjusted EBITDA of approximately USD180m for the second quarter 2016.. This revision to prior expectations was driven primarily by weaker than expected domestic caustic soda demand during May and June, which led to export sales comprising a higher percentage of total caustic soda volumes. As a result, the average caustic soda pricing was lower than expected."/>
Olin announce Q2 & 2016 guidance
Geologix Explorations Inc. is pleased to announce the successful closing of its non-brokered private placement of 17,000,000 units at $0.065 per unit for gross proceeds of $1,105,000. Each unit issued under the Offering consisted of one common share and one-half of one non-transferable share purchase warrant, with each whole warrant entitling the holder the right to purchase one additional common share for a period of 36 months from..."/>
Geologix Closes $1,105,000 Unit Offering
McEwen Mining Inc. is pleased to announce that total production for the second quarter was 39,555 gold equivalent ounces using a gold to silver ratio of 75: 1, or 27,888 gold ounces and 875,006 silver ounces. Production is on target to achieve our 2016 guidance of 144,000 gold equivalent ounces, or 99,500 gold ounces and 3,337,000 silver ounces.. We have cash and bullion of approximately $57 million, and remain debt free."/>
McEwen Mining Reports Q2 Production Results, Cash and Bullion Increase to $57 Million
TriMetals Mining Inc.,, reports that the oral hearing in South American Silver Limited's international arbitration against the Plurinational State of Bolivia for the expropriation of the Malku Khota project, held at the World Bank's premises in Washington, D.C., USA under the administrative authority of the Permanent Court of Arbitration, concluded, after nine hearing days, on Thursday, July 21, 2016.. The Hearing, presided over by a three-member arbitral..."/>
TriMetals Mining Inc.'s Subsidiary, South American Silver, Announces Conclusion of Oral Hearing in Its Arbitration Against Bolivia
Energold Drilling Corp. is pleased to announce that it has completed a non-brokered private placement of 716,192 units at a price of $1.00 per Unit for aggregate gross proceeds of $716,192. Each Unit is comprised of one common share in the capital of Energold and one Common Share purchase warrant."/>
Energold Drilling Completes Private Placement for Gross Proceeds of Over $700,000
Sensient Technologies Corporation disclosed on Friday that its diluted earnings per share from continuing operations amounted to USD0.55 in the second quarter 2016.. This marks a decline when compared with diluted earnings per share from continuing operations of USD0.64 in last year's second quarter. Revenues of USD360.8m were collected in the Q2 2016, up 4.3% over revenue of USD346.0m in the same period last year."/>
Sensient Technologies posts lower second quarter diluted earnings from continuing operations of USD0.55 per share
Eagle Materials Inc. today reported financial results for the first quarter of fiscal 2017 ended June 30, 2016. Notable items for the quarter include:. Record revenues of $297.5 million, up 4% Earnings before interest and income taxes of $71.2 million, up 18% Net Earnings of $45.3 million, up 20% Net earnings per diluted share of $0.93, up 24%."/>
Eagle Materials Reports First Quarter EPS up 24% on Record Revenues
Sensient Technologies Corporation on Friday declared a regular quarterly dividend of USD0.27 per share on the company's common stock. This cash dividend is due to be paid on 1 September 2016 to shareholders of record as of 5 August 2016.. Sensient is a manufacturer and marketer of colours, flavors and fragrances and its customers include major international manufacturers representing most of the world's best-known brands."/>
Sensient to pay USD0.27 per share dividend
Rayonier Advanced Materials Inc on Friday declared a dividend of USD0.07 per share of the company's common stock for the third quarter of 2016.. Stockholders of record as of 16 September 2016 will receive the cash dividend payment on 30 September 2016.. Rayonier Advanced Materials provides high-purity, cellulose specialties natural polymers for the chemical industry as well as engineers natural polymeric chemical chains to create dozens of..."/>
Rayonier Advanced Materials to pay USD0.07 per share dividend
Celanese Corporation on Saturday disclosed a rise in the list and off-list selling prices in the Asia region for Ateva EVA and LDPE polymers. Effective immediately or as contracts allow, Ateva EVA and LDPE will both increase by USD100/mt in Asia, added the company. Celanese is engaged in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications through its two complementary..."/>
Celanese announces new higher price list in Asia for Ateva EVA and LDPE polymers

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