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Kore Potash PLC (ASX:KP2) has announced that it intends to seek a secondary listing on the main board of the Johannesburg Stock Exchange, as well as unveiling in principle support from the French government export credit agency for the construction of its flagship potash development asset, Kola. (1-0)
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“The first half has posed significant challenges to our operations in Tanzania following the introduction of the concentrate export ban in March and I am pleased with how we have performed in light of this”, said Brad Gordon, Chief Executive Officer of Acacia Mining. “It is a complex and fluid situation which has led to a significant reduction in our cash balance to US$176 million from US$318 million, as a result of being unable to realise US$175 million of revenue during the half together with a US$51 million VAT outflow.
Summer seasonality is in full effect and the precious metals and the mining stocks are the weakest they've been all year.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 15, 2017) - Volcanic Gold Mines Inc. (TSX VENTURE:VG) is pleased to announce the appointment of Robert W. Schafer to the Board of Directors of the Company. Mr. Schafer brings many years of experience in the mineral resource industry and will succeed Craig Goldenberger who is stepping down as a director.
The following amendment has been made to the Preliminary Results announcement released on 14 February 2017 to correct the comparator year for the outlook at Buzwagi. No other changes have been made to the release.
“2016 was another successful year for Acacia as we delivered record production, reduced our all-in sustaining costs by 14% and more than doubled our net cash position” said Brad Gordon, Chief Executive Officer of Acacia Mining. “This excellent operational performance translated into strong financial performance with EBITDA more than doubling to US$415 million and adjusted net earnings increasing to US$161 million.
Kevin D. FRIEDMAN, Kimber–Lee R. Friedman, Larry S. Friedman, Linda J. Friedman and High Mountain Spirit Quest, Inc., Plaintiffs and Appellees, v. Aaron G. LASCO and Constance A. Lasco, Defendants and Appellants.