Industry News

Arctic Paper’s supervisory board member resigns
Richmont Mines Inc. announces operating and financial results for the three and six months ended June 30, 2016, driven by solid results from the Island Gold Mine. The Corporation will host a conference call and webcast on Monday, August 8, 2016, beginning at 8:30 a.m. Eastern Time.. Company-wide production was 23,320 ounces for the quarter, an 11% decrease over Q2 2015, primarily due to the depletion of the Monique stockpile earlier this year."/>
Richmont Mines Reports Strong Second Quarter Financial Results; On Track to Meet or Exceed Guidance Estimates
Richmont Mines Inc. announces operating and financial results for the three and six months ended June 30, 2016, driven by solid results from the Island Gold Mine. The Corporation will host a conference call and webcast on Monday, August 8, 2016, beginning at 8:30 a.m. Eastern Time.. Company-wide production was 23,320 ounces for the quarter, an 11% decrease over Q2 2015, primarily due to the depletion of the Monique stockpile earlier this year."/>
Richmont Mines Reports Strong Second Quarter Financial Results; On Track to Meet or Exceed Guidance Estimates
Arctic Paper’s supervisory board member resigns
LafargeHolcim for US $374 million."/>
Building opportunity [Bangkok Post, Thailand]
General Moly, Inc. finished the second quarter of 2016 with a cash balance of approximately $12.3 million and $17.3 million in restricted cash, reiterating prior guidance of solid financial liquidity to run its current business activities into early 2018.. The Company continued to prudently manage liquidity, with Corporate and Liberty spend at $1.7 million in the second quarter, in line with previous guidance. During the second half of the year, the..."/>
General Moly Reports Second Quarter Results
General Moly, Inc. finished the second quarter of 2016 with a cash balance of approximately $12.3 million and $17.3 million in restricted cash, reiterating prior guidance of solid financial liquidity to run its current business activities into early 2018.. The Company continued to prudently manage liquidity, with Corporate and Liberty spend at $1.7 million in the second quarter, in line with previous guidance. During the second half of the..."/>
General Moly Reports Second Quarter Results
Joy Global Inc revealed on Saturday that it completed the sale of its steel plate mill for about USD29m. Also, the company sold the mill based in Longview, Texas, to Nucor Corporation based in Charlotte, North Carolina, a manufacturer and seller of steel and steel products in the US and internationally. Further, the company stated that all of Longview's steel mill and cutting employees have transitioned to Nucor's employment and Joy will continue its working relationship with..."/>
Joy Global announces sale closure of its Texas steel plate mill for about USD29m
Calgon Carbon Corporation stated on Friday that its net income was USD7.9m for the second quarter ended 30 June 2016.. This is a decline when compared with net income of USD12.6m for the same period in 2015.. Net sales of USD132.6m were recorded for the second quarter of 2016, down over net sales of USD135.5m for the corresponding period in 2015.."/>
Calgon reports lower net income of USD7.9m in Q2 2016
Balchem Corporation disclosed on Friday that it recorded net earnings of USD14.2m for the second quarter 2016.. This reflects a decline in earnings when compared with net earnings of USD14.9m and USD11.9m for the second quarter 2015 and sequentially from the first quarter 2016, respectively. Net sales of USD138.8m were recorded for the second quarter 2016, up 3% over the second quarter of 2015, with the contribution from Albion and volume increases in Human Nutrition&..."/>
Balchem posts lower net earnings of USD14.1m for Q2 2016
Celanese Corporation announced on Friday a rise in list and off-list selling prices for vinyl acetate monomer in China in view of recent market conditions. Effective immediately, or as contracts allow, the price increase for vinyl acetate monomer will be CNY150/MT in China. The technology company is engaged in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications through its two..."/>
Celanese reports VAM price increase in China by CNY150/MT
Copper Mountain Mining Corporation announces second quarter revenues of $62.6 million after pricing adjustments and treatment charges from the sale of 24.9 million pounds of copper equivalent. Total cash cost for the quarter ended June 30, 2016 was US $1.58 per pound of copper sold, net of precious metals credits."/>
Copper Mountain Mining Production Improvements Strengthen Q2 Financial 2016 Results
Mexus Gold US announced that a series of blasts were completed at the Santa Elena mine with successful fragmentation. The initial blasts resulted in 60,000 tons of ore with grades ranging from 1 to 3 grams per ton. Marco Martinez, President of MarMar holdings, stated that this material is now ready to be moved to the heap leach pad."/>
Mexus’ joint venture partner (MarMar) performs first blasts at Santa Elena mine
Copper Mountain Mining Corporation announces second quarter revenues of $62.6 million after pricing adjustments and treatment charges from the sale of 24.9 million pounds of copper equivalent. Total cash cost for the quarter ended June 30, 2016 was US $1.58 per pound of copper sold, net of precious metals credits."/>
Copper Mountain Mining Production Improvements Strengthen Q2 Financial 2016 Results
Scandinavian Tobacco Group A/S: Major Shareholders Announcement
Nevada Zinc Corporation is pleased to report significant developments that impact its Yukon based VIP Project located west of Kaminak Gold Corporation’ s previously owned Coffee Gold Project. The Company acquired its large unexplored VIP Project land package before the Kaminak Gold announcement of its Coffee Gold discoveries in 2010 and has recently added significantly to its VIP Project land package by acquiring the 16 square kilometre Wolf claim..."/>
Nevada Zinc Reports on Yukon Gold Project Developments Including New Property Acquisition
Rio Tinto has closed an agreement to sell its Mount Pleasant thermal coal assets to Mach Energy Australia Pty Ltd for USD 224 m plus royalties, the company said. With the recently announced binding agreement for the sale of Rio Tinto's interest in the neighbouring Bengalla coal joint venture, this amounts to USD 830 m of agreed sales. Rio Tinto has now announced or completed USD 4.7 bnof divestments since January 2013.."/>
Rio Tinto Closes USD 224m Sale of Mount Pleasant Coal Assets
Horizonte Minerals Plc, has acquired the remaining two licences that make up the Glencore Araguaia nickel project in north central Brazil, the company said. This completes the licence transfer under an agreement to acquire GAP fromXstrata BrasilExplorao Mineral Ltda, a wholly owned subsidiary of Glencore, as announced by the company on 28 September 2015.. The transfer includes the advanced Serra do Tapa..."/>
Horizonte Minerals Closes Acquisition of Glencore Nickel Project in Brazil
ON SEMICONDUCTOR AGAIN EXTENDS TENDER OFFER FOR FAIRCHILD US-based chipmaker ON Semiconductor Corp. has again extended its tender offer to purchase all of the outstanding shares of common stock of US-based chipmaker Fairchild Semiconductor International Inc. for USD 20.00 per share in cash, this time until 18 August, the company said. All other terms and conditions of the offer remain unchanged."/>
M and A Navigator: Deal pipeline –8 August
Bellway."/>
Daily Mail, London, market report column [Daily Mail, London]

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