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Last €4.74 EUR
Change Today -0.071 / -1.48%
Volume 0.0
As of 2:30 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

pretium resources inc (6P7) Snapshot

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01/21/15 - €6.51
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pretium resources inc (6P7) Details

Pretium Resources Inc. acquires, explores, and develops precious metal resource properties in the Americas. Its mineral interests consist of gold/copper/silver exploration projects. The company primarily holds a 100% interest in the Brucejack project, which consists of approximately 11 mineral claims covering an area of 3,199.28 hectares located in Northwestern British Colombia. It also holds a 100% interest in the Snowfield project that comprises one mineral claim with an area of approximately 1,267.43 hectares. Pretium Resources Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada.

Founded in 2010

pretium resources inc (6P7) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: C$450.0K
President and Director
Total Annual Compensation: C$350.0K
Chief Operating Officer
Total Annual Compensation: C$270.8K
Chief Exploration Officer and Vice President
Total Annual Compensation: C$325.0K
Vice President of Project Development
Total Annual Compensation: C$250.0K
Compensation as of Fiscal Year 2014.

pretium resources inc (6P7) Key Developments

Pretium Resources Inc. Reports Results from an Underground Infill Drill Program in the Brucejack Project’s Valley of the Kings

Pretium Resources Inc. reported a third set of results from an underground infill drill program in the Brucejack Project’s Valley of the Kings. Stope definition drilling is now underway from two underground drill bays, the 1320 drill bay and the 1310 drill bay. Results continue to confirm the style and grade distribution of the gold mineralization in the area currently being tested, which includes the intersection of high grade and visible gold. Holes VU-445, VU-459, and VU-463 were drilled from the 1320 drill bay and hole VU-455 was drilled from the 1310 drill bay. To date, results from 60 holes (10,572 meters) of the infill drill program for the Valley of the Kings have been reported. The infill drill program will comprise in excess of 40,000 meters of fan drilling from three underground drill stations with drill hole centres spaced at approximately 10 meters vertically and horizontally. Assay results from drilling will continue to be reported as they are received.

Pretium Resources Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Pretium Resources Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, loss before taxes were CAD 2,816,275 against CAD 2,929,959 a year ago. Net loss and comprehensive loss for the period was CAD 2,425,918 or CAD 0.02 per basic and diluted share against CAD 3,306,144 or CAD 0.03 per basic and diluted share a year ago. For the six months, loss before taxes were CAD 6,510,096 against CAD 5,504,742 a year ago. Net loss and comprehensive loss for the period was CAD 5,956,029 or CAD 0.05 per basic and diluted share against CAD 5,683,140 or CAD 0.05 per basic and diluted share a year ago. Net cash used in operating activities were CAD 4,301,101 against CAD 3,110,798 a year ago. Purchase of property, plant and equipment was CAD 10,289 against CAD 182,575 a year ago.

Pretium Resources Inc. Receives Final Operating Permit for the Brucejack Mine

The provincial government has issued a final operating permit for the Brucejack Mine, owned by Pretium Resources Inc., after the project received an environmental assessment certificate and necessary federal approvals. The mine, located about 65 kilometres northwest of Stewart, is expected to cost about $750 million to build, and will produce about 2,700 tonnes of ore per day when in full production in 2017. The B.C. government said constructing the mine will create about 900 jobs over two years, and the operation will supply about 500 jobs during its 18-year operating life.


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