Rohstoffthread / CCG-Hauptthread

[Sltrader]

Rückkauf halbe TXG zu 21,85 schnitt nun 22,22

Sltrader schrieb am 31.07.2017, 16:07 Uhr[/url]"]TXG halbe zu 22,87 und OGC halbe zu 3,48 raus

Sltrader schrieb am 27.07.2017, 20:43 Uhr[/url]"]TXG.t zu 22,51 und OGC.t zu 3,33 erste long

 

[Kostolanys Erbe]

Renaissance Gold, S2 sign definitive property agreement



2017-07-31 17:09 ET - News Release



Mr. Robert Felder reports

RENAISSANCE GOLD EXECUTES EARN-IN AGREEMENT WITH S2 RESOURCES LTD. TO FUND THREE PROJECTS IN NEVADA

Renaissance Gold Inc.'s wholly owned subsidiary, Kinetic Gold (U.S.) Inc., has signed a definitive agreement with S2 Resources Ltd. through its subsidiary, Nevada Star Resources LLC. The agreement grants S2 the option to acquire a 70-per-cent interest in the South Roberts, Pluto and Ecru projects located in Nevada. S2 must spend $3-million (U.S.) per project over a five-year period to earn a 70-per-cent interest, with a committed expenditure of $200,000 (U.S.) per project by the second anniversary of the agreement. Upon signing the definitive agreement, S2 paid the company $75,000 (U.S.).

South Roberts project

The South Roberts project, Eureka county, Nevada, lies on the Battle Mountain-Eureka trend of world-class gold deposits. The project lies under shallow pediment along the western margin of the northern Nevada rift in a very similar setting to Barrick's Goldrush deposit to the north. Targets are defined along a major northwest gravity break with coincident Carlin-suite geochemistry over a strike length of more than three miles. A first-pass, six-hole drilling program conducted in 2014 confirmed shallow depths to Paleozoic bedrock and widespread anomalous gold and Carlin pathfinders, which have not yet been followed up. The 2014 drill holes were very widely spaced (approximately one kilometre apart), and significant targets remain untested.

Pluto project

The Pluto project, Lander county, Nevada, lies along the north-south Rabbit trend of gold deposits. High-grade gold up to 13.1 grams per tonne (g/t) gold (Au) occurs in an isolated outcrop of Havallah sequence rocks exposed in a structural window through Tertiary volcanic rocks. Detailed gravity and soil geochemistry define a multielement anomaly occurring mostly within a northeast-trending horst block. The highly prospective Antler sequence rocks, which host world-class deposits in the Battle Mountain district 60 miles to the north, are modelled to occur at shallow to moderate depths beneath this high-grade outcrop. The magnitude of the gold grades in the Havallah outcrop is quite unique in Nevada and could represent leakage above a potentially very robust gold system. This target has never been drilled.

Ecru project

The Ecru project, Lander county, Nevada, lies on the Battle Mountain-Eureka trend in the Cortez district, near the Gold Acres, Pipeline and Cortez Hills gold deposits. The project is centred on a large gravity high, interpreted to represent an upthrown block of favourable lower plate carbonate rocks, which host the nearby world-class gold deposits. Historic drilling on adjacent parts of the same gravity high have yielded significant mineralization in both upper and lower plate rocks, and have included grades in excess of one ounce per tonne gold. Several undrilled target areas exist on and around this gravity feature which have the potential to host a significant discovery.

Robert Felder, president, states: "We are extremely pleased to have a group of the calibre of S2 as our exploration partner on these three projects in Nevada. They have demonstrated their technical capabilities with past successes and have chosen Renaissance as a partner to work with in Nevada. We look forward to a very productive and successful relationship. This agreement advances our portfolio from having eight to now 11 of our projects in earn-in or option agreements."

About Renaissance Gold Inc.

Renaissance is a prospect generator, focused in Western United States, utilizing a joint venture business model. The company is the spinout of AuEx Ventures Inc., discoverer of the Long Canyon gold deposit in Nevada, now in production by Newmont Mining Company. Renaissance applies the extensive exploration experience and high-end technical skills of its founders and team members to search for and acquire high-quality precious metal exploration projects that are then offered for joint venture to industry partners. It maintains a large portfolio of gold and silver exploration properties and has entered into over 60 exploration agreements.

Qualified person

All technical data disclosed in this press release have been verified by Renaissance's qualified person, Robert Felder, MSc, a certified professional geologist as recognized by the American Institute of Professional Geologists (AIPG).

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aREN-2490641&symbol=REN&region=C

Kostolanys Erbe schrieb am 02.07.2017, 21:34 Uhr[/url]"]
Renaissance Gold to acquire Silicon property in Nevada



2017-06-30 07:18 ET - News Release



Mr. Ronald Parratt reports

RENAISSANCE GOLD SIGNS OPTION AGREEMENT ON SILICON PROJECT WITH ANGLOGOLD ASHANTI

Renaissance Gold Inc. has signed an agreement with AngloGold Ashanti North America Inc. for an option to purchase the company's Silicon exploration property located approximately six miles northeast of Beatty in Nye county, Nevada.

The option agreement provides for a series of payments to Renaissance commencing with $100,000 (U.S.) paid on signing, and to maintain the agreement $200,000 (U.S.) on the first anniversary, $300,000 (U.S.) on the second anniversary and finally $2.4-million (U.S.) on the third anniversary of the option agreement. Upon Renaissance having been paid a total of $3-million (U.S.), AngloGold would then own a 100-per-cent interest in the property subject to Renaissance retaining a 1-per-cent net smelter return royalty on future production. In addition, Altius Minerals Corp. owns a 1.5-per-cent net smelter return royalty, which resulted from an earlier generative financing agreement. AngloGold may withdraw at any time during the option period with no retained interest.

The Silicon property comprises 277 unpatented mining claims owned by the company totalling approximately 5,702 acres (2,308 hectares) and was identified and acquired through the company's continuing generative exploration program. The Silicon property contains extensive exposures of the upper portion of a low-sulphidation, epithermal gold system defined by chalcedonic and vuggy silica, alunite and clay alteration. Intense acid leaching has created localized areas of high-purity silica, which have been mined in the past. In addition, the property contains numerous historic prospects for mercury. Limited historic drilling has taken place on the property, the majority of which is untested. Several past-producing gold properties are in the area including Bullfrog, Sterling, Fluorspar Canyon and Mother Lode with the currently active North Bullfrog project of Corvus Gold Inc. nearby as well.

Ronald Parratt stated: "This agreement is for an option to purchase the Silicon project for $3-million (U.S.) within three years and the retention of a 1-per-cent NSR. It provides RenGold with a non-dilutive source of cash to fund ongoing operations and is a complement to our usual earn-in-to-joint-venture type of agreement."

Qualified person

All technical data disclosed in this press release have been verified by the Renaissance's qualified person Daniel W. Pace, registered member of the Society for Mining, Metallurgy and Exploration (SME).

About Renaissance Gold Inc.

Renaissance Gold is a gold/silver exploration company that has a large portfolio of exploration projects in Nevada and Utah. Renaissance's objective is to place the projects in exploration earn-in agreements with industry partners who provide exploration financing. Renaissance applies the extensive exploration experience and high-end technical skills of its founders and team members to search for and acquire new precious metal exploration projects that are then offered for joint venture.


https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aREN-2484284&symbol=REN&region=C

Kostolanys Erbe schrieb am 21.06.2017, 23:45 Uhr[/url]"]
Renaissance Gold agrees to Ramelius earn-in for Jupiter



2017-06-21 17:12 ET - News Release



Mr. Ronald Parratt reports

RENAISSANCE GOLD SIGNS BINDING TERMS SHEET WITH RAMELIUS RESOURCES ON JUPITER PROJECT

Renaissance Gold Inc.'s wholly owned subsidiary, Kinetic Gold (US) Inc. has signed a binding terms sheet with Ramelius Resources Ltd. (ASX: RMS) for an exploration earn-in agreement on its 100-per-cent-owned Jupiter project, a Carlin-type target located in Nye county, Nevada.

The agreement

The binding terms sheet stipulates the terms of a definitive agreement to be prepared within 90 days. The agreed terms grant Ramelius the right to earn a 75-per-cent interest in the property by spending $3-million (U.S.) over a five-year period. Ramelius paid the company a one-time payment of $25,000 (U.S.) upon signing the binding terms sheet, must spend $250,000 (U.S.) in the first year (firm commitment) before it may withdraw from the agreement and must spend a minimum of $100,000 (U.S.) in subsequent years to maintain the agreement.

Following completion of the earn-in, Ramelius will carry the company's share of joint venture expenditures up to Ramelius making a decision to mine. Upon making a decision to mine, the company must either contribute to joint venture expenditures in proportion to its ownership interest, dilute to a royalty interest, or allow Ramelius to provide project financing for the company, whereby Ramelius increases its project interest to 80 per cent.

Jupiter project

The Jupiter project is located approximately 60 miles southeast of Tonopah, Nev., and 110 miles north of Las Vegas, Nev. The project lies in the historic Queen City (Blackhawk) mining district at the southern end of the Quinn Canyon range. Historic mercury and base metals workings occur in several locations within and adjacent to the property. Widespread hydrothermal alteration occurs over a four-by-three-mile area and is characterized by abundant anomalous gold mineralization, with silicification plus or minus jarosite alteration. Surface rock chip sampling has yielded abundant and widespread anomalous results, ranging from detection limit up to 3.10 grams of gold per tonne, with strongly associated Carlin-suite volatile trace elements arsenic, antimony and mercury. At least one and possibly two phases of intrusive have been identified on the property, which may act as potential "heat engines" driving the hydrothermal activity. The large alteration system and associated mineralization affects both the Paleozoic sedimentary rocks and the overlying Tertiary volcanic rocks, and the company's exploration focus has been on developing Carlin-type targets in the Paleozoic carbonates.

Exploration and target development activities by the company have included geologic mapping, rock chip sampling and biostratigraphic dating, and have been successful in identifying three new target areas that are prospective for significant gold mineralization in a very similar geologic setting to Newmont's Long Canyon gold mine. Most importantly, the newly developed targets have never been drill tested. This work has redefined the stratigraphic and structural relationships in this area and have identified a previously unrecognized thrust fault, placing upper Cambrian over Ordovician rocks. This relationship indicates that prior drilling in this carbonate package occurred below the potentially highly productive Cambrian-Ordovician unconformity, which is a major host at Long Canyon. The targets consist of drilling to test the Cambrian-Ordovician unconformity in several areas; on strike with known mineralization under interpreted shallow alluvial or volcanic cover, and beneath significant "surface leakage" gold mineralization in overlying Ordovician rocks.

The Jupiter property comprises 120 claims held directly by Kinetic Gold (US) Inc. and is subject to a 1-per-cent net smelter returns royalty to Altius Royalty Corp.

Ronald Parratt, chief executive officer and executive chairman, states: "This new agreement for a Kinetic Gold property with a company such as Ramelius validates the earlier belief held by RenGold that the Kinetic portfolio would be of great value in the improving gold market. We're optimistic that the portfolio will continue to attract other partners."

Robert Felder, president, states, "We are very pleased to bring in such a strong partner as Ramelius to explore our Jupiter project and look forward to collaborating with the Ramelius team going forward."

Qualified person

All technical data disclosed in this press release has been verified by RenGold's qualified person, Robert Felder, MSc, and certified professional geologist as recognized by the American Institute of Professional Geologists (AIPG)

About Renaissance Gold Inc.

Renaissance Gold is a gold/silver exploration company that has a large portfolio of exploration projects in Nevada and Utah. Renaissance Gold's objective is to place the projects in exploration earn-in agreements with industry partners which provide exploration financing. Renaissance Gold applies the extensive exploration experience and technical skills of its founders and team members to search for and acquire new precious metal exploration projects that are then offered for joint venture.


https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aREN-2481849&symbol=REN&region=C

Kostolanys Erbe schrieb am 30.05.2017, 23:22 Uhr[/url]"]

Renaissance Gold issues 6.83 million shares for Kinetic



2017-05-29 17:54 ET - News Release



Mr. Ronald Parratt reports

RENAISSANCE GOLD ACQUIRES 100% OF KINETIC GOLD CORP.

As announced on May 11, 2017, the nine selling shareholders of Kinetic Gold Corp. have been issued an aggregate of 6,832,933 common shares of Renaissance Gold Inc. in exchange for 100 per cent of the issued shares of Kinetic. All securities issued are subject to a hold period in Canada expiring on Sept. 30, 2017.

Robert P. Felder was appointed to the board and as president of Renaissance Gold, and Gregory T. Hill was appointed principal geologist. Ronald L. Parratt became executive chairman and remains as the chief executive officer.

The acquisition of Kinetic is coming at a time when Renaissance Gold has a healthy treasury, having closed two private placements with Kinross Gold Corp. (May 15, 2017) and Coeur Mining Inc. (May 18, 2017), adding a total of $1,615,000 to the cash treasury for general corporate purposes. The company also signed an earn-in agreement with Kinross on three Renaissance Gold projects, including financing of $500,000 (U.S.) in exploration expenditures in the first year and an exploration alliance agreement with Coeur that finances $250,000 (U.S.) in generative exploration in the first year.

Mr. Parratt stated: "The acquisition of Kinetic accelerates the growth of our Nevada exploration project portfolio with the addition of 10 high-quality exploration projects at a time when demand for new exploration opportunities is growing. Although the past many years have been challenging, Bob Felder and Greg Hill have acquired an excellent portfolio of exploration properties in Kinetic primarily by staking in a period with less industry competition. We welcome them both to the RenGold team and know that their substantial exploration experience in Nevada and technical skills will be of great benefit to ongoing activities within RenGold."

Mr. Felder stated: "I am quite pleased to be taking on the role of president of RenGold and very much look forward to working with Ron and the team. We are immediately hitting the road to present our combined company to the investor community and to potential future partners and aim to continue our current momentum by bringing in additional partners to explore our property portfolio. Activity levels in this regard have been quite high for the past several months, and we remain confident that we can continue to successfully execute our business, get our targets drilled and increase the chances of achieving our ultimate goal -- which is making discoveries."

About Renaissance Gold Inc.

Renaissance Gold is a gold/silver exploration company that has a large portfolio of exploration projects in Nevada and Utah. Renaissance Gold's objective is to place the projects in exploration earn-in agreements with industry partners, which provide exploration financing. Renaissance Gold applies the extensive exploration experience and high-end technical skills of its founders and team members to search for and acquire new precious metal exploration projects that are then offered for joint venture.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aREN-2475357&symbol=REN&region=C



Renaissance Gold one-million-share private placement



2017-05-30 16:51 ET - Private Placement



The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on May 23, 2017.


Number of shares: one million shares

Purchase price: 35 cents per share

Number of placees: one placee

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aREN-2476240&symbol=REN&region=C

Kostolanys Erbe schrieb am 26.05.2017, 23:17 Uhr[/url]"]
Renaissance Gold closes $350,000 financing with Coeur



2017-05-26 11:45 ET - News Release



Mr. Ronald Parratt reports

RENAISSANCE GOLD AND COEUR MINING CLOSE PRIVATE PLACEMENT

As announced on May 23, 2017, Coeur Mining Inc. has been issued one million common shares of Renaissance Gold Inc. at a purchase price of 35 cents per share for gross proceeds of $350,000. The proceeds from the private placement will be used by Renaissance Gold for general corporate purposes. All securities issued are subject to a hold period in Canada expiring on Sept. 27, 2017. Renaissance Gold had 40,687,910 shares outstanding before the private placement closed and will have 41,687,910 shares outstanding after the private placement closes.

Ronald Parratt, president and chief executive officer, states, "We are pleased with the confidence placed in Renaissance by Coeur, and it is a pleasure to add a company such as Coeur to our shareholder list."

About Renaissance Gold Inc.

Renaissance Gold is a gold/silver exploration company that has a large portfolio of exploration projects in Nevada and Utah. Renaissance Gold's objective is to place the projects in exploration earn-in agreements with industry partners who provide exploration financing. Renaissance Gold applies the extensive exploration experience and high-end technical skills of its founders and team members to search for and acquire new precious metal exploration projects that are then offered for joint venture.


https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aREN-2474585&symbol=REN&region=C





Renaissance Gold to explore Nevada, Utah with Coeur



2017-05-23 09:10 ET - News Release



Ms. Courtney Lynn reports

RENAISSANCE GOLD AND COEUR MINING EXECUTE DEFINITIVE EXPLORATION ALLIANCE AGREEMENT AND PLAN TO COMPLETE A PRIVATE PLACEMENT IN RENAISSANCE SHARES

Renaissance Gold Inc.'s subsidiary has signed a definitive agreement with Coeur Exploration Inc., a subsidiary of Coeur Mining Inc., for the generative exploration program as announced on Feb. 9, 2017. Under this agreement, Coeur Explorations will finance $250,000 (U.S.) per year in generative exploration expenses for a minimum of two years, during which the parties will identify and explore potential precious metals mining opportunities on lands in the states of Nevada and Utah within defined areas of interest. The agreement may be extended on an annual basis after the initial two-year term by the written agreement of the parties.

RenGold will use this financing to identify and stake properties that will then be presented to Coeur Explorations, which will then have 50 calendar days to elect to enter into an exploration earn-in agreement on a form that has been agreed to by the parties. If Coeur Explorations elects to accept the opportunity to earn into the property, RenGold will receive a one-time payment of $50,000 (U.S.) on signing and Coeur Explorations would be required to spend $3-million (U.S.) within three years to earn into an undivided 70-per-cent interest in the property. Additional payments from Coeur Explorations to RenGold would be triggered upon completion of a bankable feasibility study and upon achieving commercial production.

If Coeur Explorations does not elect to exercise its earn-in option regarding a property, the property will remain a 100-per-cent-owned property of the company.

Coeur Mining intends to subscribe for one million common shares in the capital of RenGold for gross proceeds of $350,000 or 35 cents per share. The private placement and any modification to it are subject to compliance with applicable securities laws and to receipt of regulatory approval. The proceeds from the private placement will be used by RenGold for general corporate purposes.

Commenting on the agreement, Ronald Parratt, president and chief executive officer, stated: "This is a great opportunity for RenGold to leverage its extensive database and experience in specific areas of interest to both parties. This agreement will help accelerate discovery for both Coeur and RenGold by having an industry partner poised to take on properties in the specific areas covered by the definitive agreement. We are very pleased Coeur is investing in the company."

About Renaissance Gold Inc.

Renaissance Gold is a gold/silver exploration company that has a large portfolio of exploration projects in Nevada and Utah. RenGold's objective is to place the projects in exploration earn-in agreements with industry partners which provide exploration financing. RenGold applies the extensive exploration experience and high-end technical skills of its founders and team members to search for and acquire new precious metal exploration projects that are then offered for joint venture.


https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aREN-2473221&symbol=REN&region=C







Renaissance Gold optionee Coeur pulls out from Arabia



2017-05-19 07:35 ET - News Release



Mr. Ronald Parratt reports

RENAISSANCE GOLD ANNOUNCES ARABIA EARN-IN TERMINATED

Coeur Mining Inc. has advised Renaissance Gold Inc. that it is withdrawing from the exploration and earn-in agreement dated Feb. 24, 2016, concerning the Arabia exploration property located in Pershing county, Nevada. Assay results from the recently concluded reverse circulation drilling program failed to meet its minimum investment criteria to continue.

The Arabia property comprises 59 unpatented mining claims, 12 patented mining claims (seven of which are owned by the company) and 299 acres of leased fee land all totalling in excess of 1,700 acres (688 hectares). Fieldwork completed during the past two years leading to the recent drill program included projectwide geologic mapping, rock and soil sampling, and gravity and magnetic geophysical surveys. Reverse circulation drilling conducted at Arabia from March 7, 2017, to March 27, 2017, with a total of 7,380 feet (2,250 metres) of drilling completed in eight drill holes. Several exploration targets were tested including those beneath the historic Electric and Montezuma mine workings exploring for extensions of mesothermal quartz veins and stockworks. These and other exploration targets were confirmed but were found to contain lower-than-expected values. Precious metal values reported from the drilling for five-foot (1.5 m) drilled intervals ranged from less than 0.005 gram/tonne to 0.574 gram/tonne gold and from less than 0.1 gram per tonne to 36.7 grams/tonne silver. Other anomalous metals in the drilling included copper (four to 598 parts per million), lead (three to 5,319 ppm), zinc (15 to 2,563 ppm) and antimony (two to 1,251 ppm). The best multisample drill interval contained 15.08 grams/tonne silver over 25 feet (7.62 m) using a 10-gram-per-tonne cut-off grade from zero to 25 feet (zero to 7.62 m) in drill hole AR-17-07. The company is continuing to evaluate the results of the exploration program to determine plans for further activity.

Qualified person

All technical data disclosed in this press release have been verified by the company's qualified person, Daniel W. Pace, registered member of the Society for Mining, Metallurgy and Exploration (SME). All samples were analyzed at Bureau Veritas of Reno, Nev. Samples were analyzed by fire assay for gold and four-acid digestions for multielement geochemistry. Standards and blanks were submitted into the sample chain to make up approximately 5 per cent of the overall sample volume.

About Renaissance Gold Inc.

Renaissance Gold is a gold/silver exploration company that has a large portfolio of exploration projects in Nevada and Utah. The company's objective is to place the projects in exploration earn-in agreements with industry partners who provide exploration financing.


https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aREN-2472825&symbol=REN&region=C

Kostolanys Erbe schrieb am 16.05.2017, 00:00 Uhr[/url]"]Strong WL REN !

Das Management von REN (Mr. Parratt und Mr. Bedell ) waren damals die Gründer von AuEX Ventures, welches von Fronteer Gold übernommen wurde.

REN ist ein spin-off von AuEX Ventures.

REN hat namhafte JV-Partner an Bord! Ren lässt sozusagen die grossen mit einsteigen und läßt die Großen bohren....das spart Geld...


Neben Kinross ist Barrick, Newmont, Agnico Eagle und Altius Minerals mit an Bord!!!


Homepage:

http://www.rengold.com/s/Home.asp

Letzte Präsentation:

http://www.rengold.com/i/pdf/2017-03-22-CP.pdf




Renaissance Gold, Kinross sign option, investment deals



2017-05-15 17:40 ET - News Release



Mr. Ronald Parratt reports

RENAISSANCE GOLD AND KINROSS GOLD EXECUTE EARN-IN AGREEMENT TO FUND THREE PROJECTS IN NEVADA AND KINROSS TO ACQUIRE 8.07% OF RENAISSANCE

Renaissance Gold Inc. has signed definitive agreements with Kinross Gold USA Inc. granting Kinross USA the option to acquire a 70-per-cent interest in the Spruce East, Diamond Point and Buffalo Canyon exploration projects located in Nevada within 10 years. The Spruce East and Diamond Point projects in Elko County were recently acquired by RenGold (see press release NR2017-1, January 11, 2017) and Buffalo Canyon in Nye County is drill permit ready. Each project will be subject to a separate exploration earn-in agreement. Upon signing the definitive agreement Kinross USA will advance RenGold US$500,000 to carry out and conduct exploration for the first agreement year among the three projects as directed by Kinross USA. Subsequent years will have increasing minimum expenditures for each project of US$200,000, then US$300,000 and finally US$500,000 per year through year 10 totaling US$4,000,000 to vest an undivided 70% interest in each project. Kinross USA may accelerate vesting by spending US$5,000,000 before the end of the seventh year. In addition, RenGold will grant to Kinross USA, for a period of not more than three years, a right of first refusal (ROFR) to acquire new projects developed by RenGold under arms-length terms in a defined area of Nevada. The ROFR can be used a maximum of three times within the three years of the agreement.

In addition, Kinross Gold Corporation ("Kinross Gold") has been issued 3,833,333 common shares at a purchase price of C$0.33 per share for gross proceeds of C$1,265,000 (the "Private Placement"). The proceeds from the Private Placement will be used by RenGold for general corporate purposes. Kinross Gold will have certain rights to participate in future financings to maintain their interest. All securities issued are subject to a hold period in Canada expiring on September 16, 2017. RenGold had 36,854,577 shares outstanding before the Private Placement closed and will have 47,520,843 shares outstanding after the Private Placement closes, and after closing the acquisition of Kinetic Gold Corp., announced on May 11, 2017.

Fieldwork has already started at Spruce East with 262 new soil and 14 new rock chip samples submitted for analysis and field work is ongoing. Drilling is planned for mid-July. At Diamond Point a notice of intent has been filed at the BLM for 23 drill sites with approval expected later in May. A drill permit has been obtained at Buffalo Canyon and drilling is scheduled to start in early early October.

Ronald Parratt, President & CEO states "Execution of these agreements provides an excellent opportunity to accelerate the exploration of three properties in the RenGold portfolio. The extra funding into the corporation will allow us to continue an aggressive exploration program in specific areas with a partner anxious to pick up projects. We are pleased with the confidence placed in Renaissance by Kinross and it is a pleasure to add a company such as Kinross to our shareholder list."


https://www.stockwatch.com/News/Item.aspx?bid=Z-C:REN-2471598&symbol=REN&region=C

 

[greenhorn]

Guten Morgen!

12:00 - US MBA Hypothekenanträge (Woche)
• 16:30 - US EIA Ölmarktbericht (Woche)

 

[greenhorn]

KL - Kirkland Gold

August 02, 2017 02:58 ET
Kirkland Lake Gold Reports Strong Financial Results in Second Quarter 2017
http://www.marketwired.com/press-re...lts-in-second-quarter-2017-tsx-kl-2228578.htm
TORONTO, ONTARIO--(Marketwired - Aug. 2, 2017) - Kirkland Lake Gold Ltd. ("Kirkland Lake Gold" or the "Company") (TSX:KL)(OTCQX:KLGDF) is pleased to announce financial and operating results for the second quarter ("Q2 2017") and first half ("H1 2017") of 2017. The company's full financial statements and management discussion & analysis are available on SEDAR at www.sedar.com and on the Company's website at www.klgold.com. All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise noted.

Highlights of the Company's Q2 2017 results include:

Growth in free cash flow(1) to $44.8 million from $37.2 million in Q1 2017 and $23.9 million in Q2 2016, operating cash flow of $71.0 million versus $68.6 million in Q1 2017 and $40.3 million in Q2 2016
Increased net earnings totalling $34.6 million ($0.17 per basic share) compared to $13.1 million ($0.06 per basis share) in Q1 2017 and $10.6 million ($0.09 per basic share) in Q2 2016, adjusted net earnings(1) of $35.6 million or $0.17 per basic share
Revenue more than doubles from Q2 2016, to $189.9 million in Q2 2017, based on sales of 151,208 ounces at average realized price of $1,256 per ounce
EBITDA(1) increases 43% from prior quarter, to $91.3 million, almost triples from Q2 2016 level
Low unit costs, including operating cash costs(1) of $482 and AISC per ounce sold(1) of $729
Strong quarterly results at Fosterville, including production of 77,069 ounces, operating cash costs per ounce sold of $220 and AISC per ounce sold of $388
Continued improvement at Macassa compared to 2016 levels, Q2 2017 production of 45,699 ounces, operating cash costs per ounce sold of $482 and AISC of $729 per ounce
Full-year production guidance increased to 570,000 - 590,000 ounces, production and cost guidance for Fosterville improved
Repayment of 6% Debentures uses $43.8 million of existing cash on June 30, 2017
Cash and cash equivalents of $267.4 million at June 30, 2017 (after $43.8 million paid for debenture repayment and use of $12.7 million for strategic investments in support of future growth)
Initial quarterly dividend paid ($0.01 per share) aggregating $1.6 million on July 14, 2017,
Repurchased 1,311,700 common shares in Q2 2017 through normal course issuer bid launched in May 2017 (2,036,500 shares repurchased as at August 1, 2017).

 

[greenhorn]

August 01, 2017 17:20 ET
Brio Gold Reports Second Quarter 2017 Financial Results
http://www.marketwired.com/press-re...r-2017-financial-results-tsx-brio-2228549.htm
TORONTO, ON--(Marketwired - August 01, 2017) - BRIO GOLD INC. (TSX: BRIO) ("BRIO GOLD" or the "Company") announces its second quarter 2017 financial and operating results. All dollar figures are in U.S. dollars unless otherwise indicated.

Q2 2017 Financial and Operating Highlights

Production of 44,223 ounces of gold.
Total cost of sales of $1,139 per gold ounce sold.
Cash costs(1) of $859 per ounce of gold produced.
All-in sustaining costs (AISC)(1) of $1,085 per gold ounce produced.
Revenues of $52.9 million, on the sale of 42,691 ounces of gold.
Mine operating earnings of $4.2 million.
Net loss of $7.4 million, or $0.07 per share.
Adjusted net loss(1) of $3.6 million, or $0.03 per share.
Cash flow from operating activities before changes in working capital of $4.3 million.

(1) A non-GAAP financial measure. For a reconciliation of non-GAAP financial measures, please see the end of this press release.

 

[Kostolanys Erbe]

Moin Moin!

 

[Kostolanys Erbe]

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aEFL-2491296&symbol=EFL&region=C



Electrovaya loses $6.3-million (U.S.) in fiscal Q3 2017



2017-08-01 18:39 ET - News Release


Dr. Sankar Gupta reports

ELECTROVAYA REPORTS FINANCIAL RESULTS FOR Q3 2017

Electrovaya Inc. has released its financial results for the fiscal third quarter ended June 30, 2017. All numbers are in U.S. dollars unless otherwise noted.

In Q3 2017, Electrovaya progressed with respect to the long sales cycle that characterizes its target markets and has successfully delivered to its target vertical markets. In Q3 2017, Electrovaya's sales increased by 120 per cent over Q2 2017, which in turn were significantly higher than Q1 2017. "Our growth initiatives and business focus remain on applications where the lithium ion battery is intensively used and requires high performance," said Dr. Sankar Das Gupta, chief executive officer. "We are seeing progress in our key target verticals including electric commercial vehicles and energy storage. We continued to make component sales of cells during the third quarter."

Financial highlights

Q3 2017 revenue was $4.4-million ($5.5-million (Canadian)) compared with Q3 2016 revenue of $2.6-million ($3.3-million (Canadian)), an increase of approximately 70 per cent, and compared with Q2 2017 of $2.0-million ($2.5-million (Canadian)), an increase of 120 per cent.
The net loss for Q3 2017 was $6.3-million ($7.9-million (Canadian)) compared with a net loss for Q3 2016 of $3.1-million ($3.9-million (Canadian)).
Cash and restricted cash totalled $1.7-million ($2.1-million (Canadian)) as at June 30, 2017, compared with $2.7-million ($3.4-million (Canadian)) at June 30, 2016.
Inventory was $13.7-million ($17.1-million (Canadian)) as at June 30, 2017, as compared with $16.7-million ($20.9-million (Canadian)) the previous year.
Business developments

Electrovaya made deliveries of cells to original equipment manufacturers who utilized them for electric commercial vehicle applications, modules deliveries to the Hyster Yale Group and made the first deliveries of its Elivate line of forklift battery systems to Mondelez International. The Elivate product is undergoing extensive trials at multiple distribution centres and manufacturing sites in the United States and Canada.

Subsequent to the end of Q3 2017, Electrovaya announced that it completed delivery of two important orders:

A $634,000 order from Mondelez International for replacement forklift lithium ion ceramic batteries;
A one-million-euro order of lithium ion cells from an electric vehicle producer.


...............

 

[greenhorn]

EFL - kann das schwer einschätzen - typische Anlaufphase oder substanzielle Probleme ?

 

[greenhorn]

Guten Morgen!

14:30 - ! US Erstanträge Arbeitslosenhilfe (Woche)
• 16:30 - ! US EIA Erdgasbericht (Woche)

 

[greenhorn]

TKO - Taseko - macht einen guten Eindruck, Cash sammeln und Schuldenreduzierung

Taseko earns $5.24-million in Q2
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:TKO-2491728&symbol=TKO&region=C

2017-08-02 17:52 ET - News Release

Mr. Russell Hallbauer reports

TASEKO REPORTS $62 MILLION OF CASH FLOW FROM OPERATIONS IN THE SECOND QUARTER 2017

Taseko Mines Ltd. had cash flow from operations of $62.3-million in the second quarter of 2017, earnings from mining operations before depletion and amortization* of $46.5-million, and adjusted EBITDA* of $42.8-million. (This release should be read with the Company's Financial Statements and Management Discussion & Analysis ("MD&A"), available at www.tasekomines.com and filed on www.sedar.com . Except where otherwise noted, all currency amounts are stated in Canadian dollars. Taseko's 75% owned Gibraltar Mine is located north of the City of Williams Lake in south-central British Columbia. Production volumes stated in this release are on a 100% basis unless otherwise indicated.)

Russell Hallbauer, President & CEO commented, "In the first half of 2017 we built on the successes realized in the fourth quarter of 2016, and capitalized on rising copper prices. Over the past nine months we have generated $192 million of cash flow from operations and $147 million in earnings from mining operations before depletion and amortization. Over the same period, site spending has been consistent and in the second quarter site operating costs, net of by-products was US$0.97 per pound with C1* costs of US$1.31 per pound."

"During the second quarter we completed a US$250 million debt offering. We used the proceeds from this offering, along with a portion of our cash balance, to repay approximately US$275 million of debt which was due in 2019. We felt it was important to take advantage of a healthy bond market to reduce our overall debt and extend the due date to 2022," continued Mr. Hallbauer.

Mr. Hallbauer added, "With the copper price recently increasing to two-year highs, combined with nearly $100 million of cash on hand plus our long-term debt reduced and termed out five years, we are in a very good position to continue investing in and advancing our pipeline of projects."

"For the past four weeks, uncontrolled wildfires resulted in evacuation orders for a number of communities in the Cariboo where most of our Gibraltar employees reside. These evacuation orders have affected the complement of personnel who operate Gibraltar, and access to and from the mine was also significantly curtailed during this period. This has resulted in reduced production for periods of time as well as a complete mine shutdown for several days during July. Mining and milling operations are beginning to return to normal as some evacuation orders have been lifted over the past week. Third quarter copper sales volumes are expected to be up to 10% lower than the second quarter of 2017. The situation continues to evolve and we are hopeful that the worst is behind us," concluded Mr. Hallbauer.

*Non-GAAP performance measure. See end of news release.

Second Quarter Highlights

Earnings from mining operations before depletion and amortization* were $46.5 million;

Cashflow from operations was $62.3 million for the second quarter;

Adjusted net income* for the quarter was $14.3 million (or $0.06 per share) and net income was $5.2 million (or $0.02 per share);

Site operating costs, net of by-product credits* were US$0.97 per pound produced, down 44% from the second quarter of 2016;

The Gibraltar Mine produced 39.4 million pounds of copper and 0.8 million pounds of molybdenum (100% basis) at a total operating cost (C1)* of US$1.31 per pound;

Total sales for the second quarter were 40.7 million pounds of copper and 0.8 million pounds of molybdenum;

On April 12, 2017, the Company announced that a new long-term agreement was ratified by its unionized employees at Gibraltar. The new agreement will be effective through May 31, 2021;

On June 14, 2017, the Company completed an offering of US$250 million aggregate principal amount of 8.75% senior secured notes due 2022. The Company used the net proceeds of the offering and $72 million of its existing cash balance, to fund the redemption of its US$200 million senior notes due 2019 and to repay its senior secured credit facility (due March 2019) and the related copper call option;

Long-term debt and other financial liabilities have been reduced by $63 million during the first six months of 2017, and the maturity date of long-term debt has been extended from 2019 to 2022; and

The Company's cash balance at June 30, 2017 was $97 million, which was after the $72 million used for the debt refinancing.

Subsequent Events

On July 18, 2017, the Company received approval from the Province of British Columbia to undertake a site investigation program to conduct exploratory work at the New Prosperity Gold-Copper project site. The Notice of Work ("NOW"), which is a multi-year permit, will allow the Company to gather information for the purpose of advancing mine permitting under the British Columbia Mines Act; and

For the past four weeks, uncontrolled wildfires resulted in evacuation orders for a number of communities in the Cariboo where most of our Gibraltar employees reside. These evacuation orders have affected the complement of personnel who operate Gibraltar, and access to and from the mine was also significantly curtailed during this period. This has resulted in reduced production for periods of time as well as a complete mine shutdown for several days during July. Mining and milling operations are beginning to return to normal as some evacuation orders have been lifted over the past week. Third quarter copper sales volumes are expected to be up to 10% lower than the second quarter of 2017.

 

[Sltrader]

Randgold Resources: Q2 results and updates

JERSEY, CHANNEL ISLANDS--(Marketwired - Aug 3, 2017) - Randgold Resources (NASDAQ: GOLD) (LSE: RRS)

RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
NASDAQ Trading Symbol: GOLD

Strong First-Half Performance Positions Randgold to Deliver on 2017 Targets

Randgold Resources has sustained its strong performance record with second-quarter results that have positioned it well to achieve its guidance for 2017.

Results for the quarter and the half-year to June, published today, show continuing growth in production and profit and a further reduction in total cash cost per ounce. The company's cash pile rose over the first six months to $572.8 million despite the payment of the 2016 dividend of $94.0 million.

The Q2 profit of $102.8 million was up 21% on the previous quarter and the half-year profit of $187.7 million was up 53% on the corresponding period in 2016. Production of 341 316 ounces for the quarter and 663 786 ounces for the half-year were 6% and 16% higher respectively, while total cash cost per ounce of $572 for the quarter and $595 for the half-year were down 8% and 13%. Earnings per share of $0.89 for the quarter and $1.64 for the half-year were up 20% and 49%.

Chief executive Mark Bristow said the second quarter had been a good one for Randgold, both operationally and on the exploration and new business front.

The flagship Loulo-Gounkoto complex delivered another robust performance, Tongon increased its production and Kibali finalised preparations for its underground ramp-up later this year while significantly improving its plant stability and recoveries. Morila's numbers were in line with plan and it completed the permitting process for mining the Domba satellite deposit.

"At this stage the outlook is positive, and Randgold is trending towards the top end of its 2017 production guidance range at a total cash cost below $600 per ounce," Bristow said.

RANDGOLD ENQUIRIES:
Chief Executive
Mark Bristow
+44 788 071 1386
+44 779 775 2288 Financial Director
Graham Shuttleworth
+44 1534 735 333
+44 779 771 1338 Investor & Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: randgold@dpapr.com

Website: www.randgoldresources.com

 

[Sltrader]

Kinross reports 2017 second-quarter results

Company remains on track to meet annual production and cost guidance; Strengthened balance sheet, with liquidity position of approximately $2.5 billion

TORONTO, ON --(Marketwired - August 02, 2017) - Kinross Gold Corporation (TSX: K) (NYSE: KGC) today announced its results for the second-quarter ended June 30, 2017.

(This news release contains forward-looking information about expected future events and financial and operating performance of the Company. We refer to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located on page 19 of this release. All dollar amounts are expressed in U.S. dollars, unless otherwise noted.)

2017 second-quarter highlights:

Production1: 694,874 gold equivalent ounces (Au eq. oz.), compared with 671,267 Au eq. oz. in Q2 2016.
Revenue: $868.6 million, compared with $876.4 million in Q2 2016.
Production cost of sales2: $660 per Au eq. oz., compared with $731 in Q2 2016.
All-in sustaining cost2: $910 per Au eq. oz. sold, compared with $988 in Q2 2016. All-in sustaining cost per gold ounce (Au oz.) sold on a by-product basis was $901 in Q2 2017, compared with $976 in Q2 2016.
Operating cash flow: $179.7 million, compared with $315.9 million in Q2 2016.
Adjusted operating cash flow2: $230.8 million for Q2 2017, an increase of 23% compared with $187.2 million for Q2 2016.
Adjusted net earnings (loss)2,3: $54.9 million, or $0.04 per share, compared with adjusted net loss of $9.8 million, or $0.01 per share, in Q2 2016.
Reported net earnings (loss)3: Net earnings increased to $33.1 million, or $0.03 per share, compared with a net loss of $25.0 million, or $0.02 per share, in Q2 2016, mainly due to a decrease in production cost of sales.
Organic development projects:
The Tasiast Phase One expansion continues to advance on time and on budget and is expected to reach full commercial production in Q2 2018. Plant construction is now 55% complete.
The Tasiast Phase Two and Round Mountain Phase W feasibility studies are on schedule to be completed in September. The Company expects to make a development decision on both projects at that time.
At Bald Mountain, engineering work at the Vantage Complex in the South area is progressing on schedule.
In Russia, the Company has started processing ore from the September Northeast satellite deposit near Dvoinoye, while at Moroshka, decline development is on schedule, with construction of surface infrastructure now complete.
Outlook: Kinross expects to be within its 2017 guidance for production (2.5 - 2.7 million Au eq. oz.), production cost of sales ($660 - $720 per Au eq. oz.) and all-in sustaining cost ($925 - $1,025 per Au eq. oz.). The Company expects to be within its capital expenditures guidance of $900 million (+/- 5%).
Debt offering: On July 6, 2017, Kinross closed its offering of debt securities, consisting of $500.0 million principal amount of 4.50% Senior Notes due 2027. The Company used the net proceeds, along with available cash on hand, to repay its term loan, which was due August 2020.
Balance sheet: As of June 30, 2017, Kinross had cash and cash equivalents of $1,061.3 million, and available credit of $1,433.1 million, for total liquidity of approximately $2.5 billion. The Company has no scheduled debt repayments until 2021.

1 Unless otherwise stated, production figures in this news release are based on Kinross' 90% share of Chirano production.
2 These figures are non-GAAP financial measures and are defined and reconciled on pages 14 to 18 of this news release.
3 Net earnings/loss figures in this release represent "net earnings (loss) attributable to common shareholders".

CEO Commentary
J. Paul Rollinson, President and CEO, made the following comments in relation to 2017 second-quarter results:

"We delivered another quarter of strong and consistent operational results, as our portfolio of mines achieved production targets, lowered costs, and generated strong cash flows.

"Our organic development projects are advancing well, and we expect to complete feasibility studies and make a development decision on the Tasiast Phase Two and Round Mountain Phase W expansion projects in September. The Tasiast Phase One expansion project is proceeding as planned and is expected to reach full commercial production in Q2 2018. Our projects in Russia have progressed well, with ore from the September Northeast deposit now being processed at the Kupol mill. We continue to advance Bald Mountain expansion opportunities and expect production to double this year compared with 2016.

"The $500 million debt financing we completed in July enhances our financial flexibility, strengthens our balance sheet, and leaves no debt maturities until 2021.

"We are once again on track to meet our annual company-wide guidance for production and costs, and Kinross remains strongly positioned to continue delivering value for our shareholders."

 

[greenhorn]

Wir schreiben das Jahr 2017 n.Chr. In einem kleinen Dorf, tief im gallischen Hinterland, dort wo die Einwohner noch stark verbunden mit den Schätzen der Erde sind geht auch an diesem Tag die Sonne zwar auf, aber ist hinter einer dichten Wolkendecke verschwunden.
Das Wetter lastet auf der Stimmung - dieses Jahr ist alles ein anders. Soviel Regen und wenig Sonne, daran kann sich selbst Methusalix nicht erinnern.
Selbst Obelix hat kaum Lust auf Römer oder Wildschweinjagd.
Miraculix berichtet aus einer Druidenversammlung das dies Auswirkungen der Lebensweise in den Städten Lutetia, Rom und anderen sind.....hemmlungslos wird Wald für Feuerholz gerodet, alte Bauernregeln nicht mehr beachtet und ein Druidenkollege aus dem Hohen Norden will gesehen haben das sich riesige Eisberge aus dem Eisland auf den Weg in den Süden machen. Einige Dorfbewohner meinten aber die Ursachen besser zu kennen: Troubadix der Barde mit seiner Harfe und der schrulligen Musik, die selbst die toten Fische des Fischhändles Fischleidernix noch zum verzweifelten zappeln brachte.
Majestix der Duke konnte und wollte dem nicht Einhalt gebieten - brachten die dann regelmäßig aufbrausenden Handgemenge doch ein wenig Leben und Stimmung in den Alltag. Viele versuchten sich schon seit Jahren mit Handel durchzubringen. Sltradernix,Kostonix,600erlix,Perseuslix, Ollhinofix,marcovix,Willinix und einige andere mehr. Das lief oft nur schlecht als recht, und einzig die Hoffnung auf den einen fetten Treffer hielt sie am Leben. ... Ihre Frauen oft auch.......
Die Dorfstrassen sind leer. Dunke Wolken am Himmel.
Aus dem Hause Troubadix ertönt lautes Gezeter - Troubadine entreisst ihrem Mann entnervt die Harfe und nötigt ihn endlich mitzuhelfen beim Kofferpacken........dabei hatte Troubadix gerade die ersten Zeilen des Abschiedsliedes in Töne verpackt.....Banausen, wollte er schon sagen - aber gegen seine liebste Troubadine konnte er nicht aufbegehren.
Sie war urlaubsreif - die Kinder brachten die ersten Ferientage mit Langeweile durch und nörgelten auch. Es gab nur noch eines - endlich los in den Süden, weg aus dem andauernden Regen und Sonne tanken. Die Reiseroute sollte über den dunklen Wald im Süden Germaniens führen - es gibt dort einen Park mit tollen Attraktionen für Jung und Alt.....was selbst die Römer noch nicht hinbekommen haben. Nun ja - und danach dann weiter in Richtung Stammland der römischen Garnisionen.....aber nicht zu weit. An der Grenze von Helvetien zu Italien gab es wunderbare Seen mit klaren Wasser und schönen Wäldern. Und die Städte an den Ufern strahlten eine gewisse Eleganz aus. Troubadine freute sich schon seit Wochen.......und die Kinder auch, besonders auf diese eigenartigen runden Teigfladen, im Ofen gebacken und mit allerlei belegt - nur nicht mit Wildschwein. Obelix würde das nie essen.
Außerdem gab es noch etwas - kalte Creme mit Früchten und Gewürzen gemischt - ein Genuß, für den die Kinder ihr letztes Taschengeld opferten.
Ach, Urlaub ist schon etwas Besonderes - wenn nur die ganze Aufregung davor nicht wäre........aber was soll es, Troubadix packt vorsichtig seine Harfe ein und träumte versonnen von wunderbaren Darbietungen an den Seeufern, gefeiert von hunderten nach Kultur dürstenden Einwohnern und Touristen. Vielleicht würde er endlich entdeckt werden und bräuchte sich nicht mehr vor den Dorfbewohnern beschimpfen lassen wenn er ein paar liebreizende Töne in den Himmel schickte.
Aber tief im Inneren freute er sich auch schon auf seine Wiederkehr - denn, egal was passierte, sie waren eine Gemeinschaft die zusammenhielt, durch dick und dünn und auch schon manches Abenteuer bestanden hatte - und das Wetter würden sie auch überleben........
bis Ende August sage ich heute schon mal

 

[dukezero]

 

[Ollinho]

Wünsche Familie "Troubi" nen ganz tollen Urlaub!!!

Viel Spaß!!

 

[müh]

Und dir Olli alles Gute zu deinem Ehrentag

Ollinho schrieb am 03.08.2017, 12:12 Uhr[/url]"]Wünsche Familie "Troubi" nen ganz tollen Urlaub!!!

Viel Spaß!!

» zur Grafik

 

[greenhorn]

:shock:
na dann herzlichen Glückwunsch und ein gesegnetes neues Lebensjahr!!!!!

µ schrieb am 03.08.2017, 14:13 Uhr[/url]"]Und dir Olli alles Gute zu deinem Ehrentag

Ollinho schrieb am 03.08.2017, 12:12 Uhr[/url]"]Wünsche Familie "Troubi" nen ganz tollen Urlaub!!!

Viel Spaß!!

» zur Grafik

 

[dukezero]

greenhorn schrieb am 03.08.2017, 14:18 Uhr[/url]"]:shock:
na dann herzlichen Glückwunsch und ein gesegnetes neues Lebensjahr!!!!!

µ schrieb am 03.08.2017, 14:13 Uhr[/url]"]Und dir Olli alles Gute zu deinem Ehrentag

Ollinho schrieb am 03.08.2017, 12:12 Uhr[/url]"]Wünsche Familie "Troubi" nen ganz tollen Urlaub!!!

Viel Spaß!!

» zur Grafik

 

[Sltrader]

dukezero schrieb am 03.08.2017, 14:23 Uhr[/url]"]

greenhorn schrieb am 03.08.2017, 14:18 Uhr[/url]"]:shock:
na dann herzlichen Glückwunsch und ein gesegnetes neues Lebensjahr!!!!!

µ schrieb am 03.08.2017, 14:13 Uhr[/url]"]Und dir Olli alles Gute zu deinem Ehrentag

Ollinho schrieb am 03.08.2017, 12:12 Uhr[/url]"]Wünsche Familie "Troubi" nen ganz tollen Urlaub!!!

Viel Spaß!!

» zur Grafik

 

[600]

Sltrader schrieb am 03.08.2017, 14:26 Uhr[/url]"]

dukezero schrieb am 03.08.2017, 14:23 Uhr[/url]"]

greenhorn schrieb am 03.08.2017, 14:18 Uhr[/url]"]:shock:
na dann herzlichen Glückwunsch und ein gesegnetes neues Lebensjahr!!!!!

µ schrieb am 03.08.2017, 14:13 Uhr[/url]"]Und dir Olli alles Gute zu deinem Ehrentag

Ollinho schrieb am 03.08.2017, 12:12 Uhr[/url]"]Wünsche Familie "Troubi" nen ganz tollen Urlaub!!!

Viel Spaß!!

» zur Grafik

 

[Ollinho]

Daaaanke Jungs!!!

 

[Sltrader]

Rex gestern und heute halbe zu 0,12 raus rest bleibt mit stop Einstand drinnen

Sltrader schrieb am 31.07.2017, 17:56 Uhr[/url]"]hab mir da auch mal ein paar geholt sowie REX zu 0,105

Fischlaender schrieb am 31.07.2017, 15:36 Uhr[/url]"]Long DGO reiner Zock, Scam Bude imho aber immer mal fuer einen Lauf gut. Machen sich zu einem GTT Area Play:

Durango Postioned In Golden Triangle

(TheNewswire)

Vancouver, BC / TheNewswire / July 31, 2017 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTC-ATOXF), (the “Company” or “Durango”) announces that it has acquired a 100% interest in a gold prospect of over 2,000 hectares located in the Golden Triangle of British Columbia through BC Mineral Titles online staking.

The acquisition is adjacent to GT Gold (TSX.V-GTT) who announced a new high-grade gold discovery on July 25, 2017 and stated, “the gold-bearing system has been intercepted in 20 reverse circulation drill holes… and in all 10 diamond drill holes completed to date (sampling under way, assays pending)…”. The Durango property borders GT Gold’s Tatogga Property and Colorado Resources Ltd. (TSX.V-CXO).

Marcy Kiesman, CEO of Durango, stated, "Durango is positioned for discovery with the prospective ground adjacent to GT Gold who recently announced a new high gold grade discovery in northern BC. The Tatoogga property is said to be open laterally and at depth and GT Gold has an esteemed deposit finder as a member of their board of directors. This compelling combination urged Durango management to participate in this new exciting BC gold discovery.”

About Durango


» zur Grafik

 

[Sltrader]

Alamos Gold Inc.

TSX : AGI
NYSE : AGI


Alamos Gold Inc.

August 03, 2017 06:00 ET
Alamos Reports Second Quarter 2017 Results

TORONTO, ONTARIO--(Marketwired - Aug. 3, 2017) -

All amounts are in United States dollars, unless otherwise stated.

Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) ("Alamos" or the "Company") today reported its financial results for the second quarter ended June 30, 2017 and reviewed its operating, exploration and development activities.

"We made significant gains in the second quarter with record production and lower costs driving the highest combined free cash flow from our operations in years. We expect this trend to continue in the second half of the year with stronger production and lower costs driving strong free cash flow growth from our operations," said John A. McCluskey, President and Chief Executive Officer.

"We continue to advance one of the strongest portfolios of growth projects in our peer group. La Yaqui Phase I is on track for initial production later this year and we are building out our team in Turkey in preparation for early stage construction activities at Kirazli. We also expect to deliver a feasibility study on Lynn Lake later this quarter, marking our third feasibility study this year. With a strong cash position, no debt and growing cash flow from our operations, we are well positioned to fund this growth," Mr. McCluskey added.

Second Quarter 2017 Highlights

Produced a quarterly record 105,900 ounces at cost of sales of $1,053 per ounce, total cash costs1 of $784 per ounce and all-in sustaining costs ("AISC")1 of $942 per ounce. This included record gold production of 47,300 ounces at Young-Davidson, as well as continued strong performance at Mulatos with production of 41,000 ounces
Sold 104,023 ounces of gold at an average realized price of $1,262 per ounce, $5 above the London PM fix, for revenues of $131.3 million
Reported net earnings of $2.4 million, or $0.01 per share, which included a one-time pre-tax charge of $29.1 million (after-tax $21.8 million, or $0.07 per share) incurred on the retirement of the senior secured notes ("Notes"), as well as unrealized foreign exchange gains of $10.9 million ($0.04 per share) recorded within both deferred taxes and foreign exchange
Stronger operating margins drove cash flow from operating activities to $51.4 million, a 156% increase from the first quarter of 2017
Generated $18 million in free cash flow from the mine sites, including $10.7 million at Mulatos (excluding development capital for La Yaqui Phase I)
Construction of La Yaqui Phase I continued to advance on budget, with initial production on track for later this year
Completed the repurchase of $315 million senior secured notes in April 2017. As at June 30, 2017, the Company is debt-free, with approximately $150 million in cash and cash equivalents and equity securities
Paid a semi-annual dividend of $0.01 per share, or $3.0 million in April 2017
Purchased and cancelled a 2.0% net smelter return ("NSR") royalty on certain concessions at the Company's Lynn Lake project for $6.7 million (CAD $9 million)

Subsequent to the Second Quarter 2017

Produced a monthly record of approximately 20,000 ounces of gold in July at Young-Davidson, driven by underground grades averaging in excess of 3.0 grams per tonne of gold ("g/t Au")
Completed a Canadian Development Expense ("CDE") flow-through financing for gross proceeds of CAD $12.0 million and Canadian Exploration Expense ("CEE") flow-through financing for gross proceeds of CAD $3.0 million

(1) Refer to the "Non-GAAP Measures and Additional GAAP Measures" disclosure at the end of this press release for a description and calculation of these measures.
Highlight Summary

 

[Sltrader]

SOURCE: Endeavour Silver Corp.

Endeavour Silver logo

August 03, 2017 06:55 ET
Endeavour Silver Reports Financial Results for Second Quarter, 2017; Updates on Development Projects and 2017 Guidance

VANCOUVER, BC--(Marketwired - August 03, 2017) - Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) released today its financial results for the second quarter ended June 30, 2017. Endeavour owns and operates three underground silver-gold mines in Mexico: the Guanaceví mine in Durango state, and the Bolañitos and El Cubo mines in Guanajuato state.

The Company's financial performance in the Second Quarter, 2017 was impacted by lower production and increased exploration and development activities compared to the Second Quarter, 2016. Production was lower in Q2, 2017 compared to Q2, 2016 due to differences in the annual mine plans. In 2016, production was higher in H1 and declined in H2 whereas in 2017, production should rise incrementally from H1 to H2 with increased access to reserves at all three mines.

Production in the Second Quarter, 2017 was higher than the First Quarter, 2017 due primarily to improved performance of the Bolañitos and El Cubo mines. Both mines are now performing in line with their operating plans for the year whereas Guanacevi continues to lag behind plan. (Click here for an audio review of Q2 highlights).

Highlights of Second Quarter 2017 (Compared to Second Quarter 2016)

Financial

Net loss of $16 thousand(1) (loss of $0.00 per share) compared to net earnings of $1.7 million ($0.01 per share)
EBITDA(2) decreased 64% to $3.7 million
Cash flow from operations before working capital changes decreased 53% to $4.4 million
Mine operating cash flow before taxes(1) decreased 49% to $8.8 million
Revenue decreased 27% to $32.7 million
Realized silver price increased 4% to $17.16 per ounce (oz) sold
Realized gold price decreased 1% to $1,270 per oz sold
Cash costs(2) increased 56% to $8.36 per oz silver payable (net of gold credits)
All-in sustaining costs (AISC)(2) increased 94% to $20.46 per oz silver payable (net of gold credits)
Working capital decreased 8% to $75.2 million from year end

Operations

Silver production decreased 26% to 1,143,788 oz
Gold production decreased 17% to 13,058 oz
Silver equivalent production was 2.1 million oz (at a 70:1 silver: gold ratio)
Silver oz sold down 34% to 988,821 oz
Gold oz sold down 20% to 12,294 oz
Bullion inventory at quarter-end included 226,437 oz silver and 631 oz gold
Concentrate inventory at quarter-end included 50,644 oz silver and 890 oz gold
Acquired the Calicanto and Veta Grande properties near the El Compas gold-silver mine project in Zacatecas, Mexico

(1) The Consolidated Interim Financial Statements and Management's Discussion & Analysis can be viewed on the Company's website at www.edrsilver.com, on SEDAR at www.sedar.com and EDGAR at www.sec.gov. All amounts are reported in US$
(2) Mine operating cash flow, EBITDA, cash costs and all-in sustaining costs are non-IFRS measures. Please refer to the definitions in the Company's Management Discussion & Analysis

Endeavour CEO Bradford Cooke commented, "Our second quarter production was an improvement over the first quarter thanks to higher tonnes and/or grades from the Bolañitos and El Cubo mines. The Guanaceví mine continued to lag behind plan and another internal review was initiated in order to better understand the new issues and possible resolutions.

"At Guanaceví, power outages in the first quarter caused pump failures and some flooding underground. Slower than planned mine development due to narrower vein widths than in the resource model also contributed to lower mine output than planned, while excess dilution of the ore resulted in lower than planned grades. In July, a lightning strike caused a repeat in the electrical issues just as electrical repairs were nearing completion, resulting in another pump failure and renewed flooding in the deeper workings. Recent completion of electrical and ventilation repairs and construction of a new underground pump station should help smooth production in H2, 2017. However, given these setbacks, we have concluded that Guanacevi will not meet its planned production this year and accordingly, we are reducing our consolidated production guidance and raising our consolidated cost guidance.

"We will continue to closely monitor the operating performance at Guanacevi. Returning Guanacevi to long-term profitability relies in part on developing two new orebodies, Milache and Santa Cruz Sur. Underground ramp access is already underway towards Milache and initial production is expected in the second half of 2018. Mine development at Santa Cruz Sur is scheduled to coincide with the development of Milache."

Mine Operations Update

In January, management guided Guanacevi 2017 production to range between 2.4 to 2.6 million silver ounces and 5,300 to 6,300 gold ounces. Due to the narrower vein widths, management now estimates production will range from 800 to 900 tonnes per day, generating 1.0 to 1.1 million silver ounces and 2,100 to 2,200 gold ounces in the second half of 2017. As a result, the revised Guanacevi 2017 full year forecast production is 2.0 to 2.1 million ounces silver and 4,400 to 4,500 ounces gold.

At Bolañitos, silver grades improved during the Second Quarter but were below plan due to grade variations in the LL-Asunción vein. The lower silver grades were offset by higher throughput than planned. Gold production exceeded plan due to higher throughput and gold grades. Management expects production on a silver equivalent basis to meet 2017 production guidance.

At El Cubo, both silver and gold grades were higher than plan, and throughput was slightly below plan. During the quarter, management made changes to both mining methods and ore control processes to reduce the dilution and provide higher-grade material to the plant. Grades are expected to stabilize and throughput should regain plan through year-end with the completion of a secondary ramp to access better grades. Management expects production on a silver equivalent basis to meet 2017 production guidance.

Development Projects Update

At El Compas, work has begun on installing project infrastructure, collaring the mine access ramp and refurbishing the plant. Project engineering is being refined and optimization studies are underway on mining methods and crushing and grinding alternatives. The Company is waiting for clarification from the state government of Zacatecas regarding an exemption from the new environmental taxes. The explosives permit may take until year-end due to a substantial slowdown in the government permitting process. In the interim, mine development will proceed using a form of low impact gunpowder. Management therefore anticipates an increase in the timeline to production compared to the PEA with mine and plant commissioning now expected to commence in the first quarter, 2018.

At Terronera, work is currently focused on refinement of the project engineering and optimization studies on mining methods, crushing and grinding alternatives and power options. Similar to El Compas, permitting delays have affected the explosives, mine dumps and plant tailings permits so management does not expect to break ground on mine development until the first quarter, 2018, with mine and plant commissioning now anticipated to commence in mid-2019.

Revised 2017 Guidance

Silver production is now expected to be in the range of 4.8-5.2 million oz and gold production is expected be in the 49,100-51,200 oz range. Silver equivalent production is forecast to be 8.5-9.0 million oz using a 75:1 silver:gold ratio, as shown in the table below.

Mine Silver (M oz) Gold (K oz) Ag Eq (M oz) Tonnes/Day (tpd)
Guanaceví 2.0-2.1 4.4-4.5 2.3-2.4 800-900
Bolañitos 0.9-1.0 21.5-22.5 2.5-2.7 1,000-1,100
El Cubo 1.9-2.1 23.2-24.2 3.6-3.9 1,300-1,500
Total 4.8-5.2 49.1-51.2 8.5-9.0 3,100-3,500


Using the 2017 annual guidance assumptions of $17 per oz silver price, $1,190 per oz gold price, and 20:1 Mexican peso per U.S. dollar exchange rate, cash costs, net of gold by-product credits, are now expected to be $7.00 to $8.00 per oz of silver produced in 2017. Consolidated cash costs on a co-product basis are anticipated to be $10.75 to $11.75 per oz silver and $825 to $900 per oz gold.

All-in sustaining costs of production, net of gold by-product credits in accordance with the World Gold Council standard, are estimated to be $15.25 to $16.25 per oz of silver produced in 2017. When non-cash items such as stock-based compensation are excluded, all-in sustaining costs are estimated to be in the $14.75 to $15.75 range. Direct operating costs are estimated to be in the range of $75 to $80 per tonne. Guanacevi has incurred $10.1 million to date of the annual budgeted $16.7 million in sustaining capital.

Financial Results

For the second quarter ended June 30, 2017, the Company generated revenue totaling $32.7 million (2016 - $44.5 million). During the quarter, the Company sold 988,821 silver oz and 13,058 gold oz at realized prices of $17.16 and $1,270 per oz respectively, compared to sales of 1,493,790 silver oz and 15,364 gold oz at realized prices of $16.54 and $1,289 per oz respectively in Q2, 2016.

After cost of sales of $27.2 million (2016 - $31.6 million), mine operating earnings amounted to $5.4 million (2016 - $12.9 million). Excluding depreciation and depletion of $3.3 million (2016 - $4.1 million), and share-based compensation of $0.1 million (2016- $0.2 million), mine operating cash flow before taxes was $8.8 million (2016 - $17.3 million) in Q2, 2017. Net loss was $16 thousand (2016 - net earnings of $1.7 million) after exploration expense of $3.8 million (2016 - $1.9 million) and corporate general and administrative costs of $2.4 million (2016 - $3.2 million).

Direct production costs per tonne per ounce in Q2, 2017 increased 15% compared with Q2, 2016. Reduced mining activity was offset by cost reductions and the benefits of a lower Mexican peso. Cash costs per ounce rose 56% due to the higher costs per tonne and lower silver grades. All-in sustaining costs rose as a result of management significantly increasing capital investments for the long-term benefit of Guanaceví and El Cubo operations after a two-year period of reduced capital investment to maximize cash flow and ensure the viability of its operations during times of low silver and gold prices.

Working capital dipped to $75.2 million, down 8% from December 31, 2016, more than sufficient for the Company to meet its short and medium term goals.

 

[Kostolanys Erbe]

Herzlichen Glückwunsch zum Geburtstag!

600 schrieb am 03.08.2017, 14:34 Uhr[/url]"]

Sltrader schrieb am 03.08.2017, 14:26 Uhr[/url]"]

dukezero schrieb am 03.08.2017, 14:23 Uhr[/url]"]

greenhorn schrieb am 03.08.2017, 14:18 Uhr[/url]"]:shock:
na dann herzlichen Glückwunsch und ein gesegnetes neues Lebensjahr!!!!!

µ schrieb am 03.08.2017, 14:13 Uhr[/url]"]Und dir Olli alles Gute zu deinem Ehrentag

Ollinho schrieb am 03.08.2017, 12:12 Uhr[/url]"]Wünsche Familie "Troubi" nen ganz tollen Urlaub!!!

Viel Spaß!!

» zur Grafik

 

[Kostolanys Erbe]

Euro Sun's Rovina Valley ratification process initiated



2017-08-03 13:39 ET - News Release



Mr. Scott Moore reports

EURO SUN'S ROVINA VALLEY PROJECT MINING LICENCE ENDORSED BY THE ROMANIAN NATIONAL AGENCY FOR MINERAL RESOURCES; RATIFICATION PROCESS INITIATED WITH REQUIRED MINISTERS FOR LICENCE APPROVAL

The Romanian National Agency for Mineral Resources (NAMR) has issued an official notice to Euro Sun Mining Inc. announcing that the ratification process related to the mining licence of its Rovina Valley project granted in May, 2015, has been initiated. NAMR has completed their review and recommendations in the form of an explanatory memorandum following the successful public audience held at their offices on June 26, 2017 (see press releases from June 14 and June 26, 2017, for details), which will be forwarded to the required ministers for endorsement.

An excerpt from the official translation of the notice issued by the President of NAMR, Mr. Aurel Gheorghe, states, "...please be informed that following an analysis of the proposals raised in the public debate of June 26, 2017, in connection with the draft Government Decision on the approval of the Concession License under discussion, the Explanatory Memorandum has been finalized, which will be posted on the website of the National Agency for Mineral Resources in the course of the next week.

Following the lapse of the 30 statutory days after the posting date, the Licence and the Explanatory Memorandum will be forwarded for endorsement to the competent institutions, in view of approving License no. 18174/2015 by Government Decision, according to the applicable legislation."

The Mining Licence for the exploitation of the Company's Rovina Valley Project requires the signatures of the Minister of Economy, Minister of Environment, Minister of Justice and Minister of Finance. Once these signatures are obtained, the Mining Licence will be sent to the Secretary General of Parliament and to the Prime Minister for final signatures, before being published in the official government Gazette.

Scott Moore, President and CEO of Euro Sun Mining, stated, "We are very pleased to see the process to ratify our mining license begin, following our successful public audience in June. Once ratification is completed we will progress with the initiation of our Environmental Impact Study. We would like to thank NAMR for their support of this important project for Euro Sun and for Romania. As the first non-state-owned entity to have been issued a Mining Licence, we are committed to developing the Rovina Valley Project as an example of responsible mining to the highest environmental standards, and in the process, provide meaningful economic impact to our local community partners and to the Romanian State."

About Euro Sun Mining Inc.

Euro Sun is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The property hosts 10.84 million gold equivalent ounces (7.19 million ounces of gold grading 0.55 g/t and 1,420 million pounds of copper grading 0.16%), making it the second largest gold deposit in Europe.

Qualified Person

The scientific and technical information pertaining to the metallurgical studies presented in this press release has been reviewed and approved by Joseph C. Milbourne, Vice President Technical Services for Euro Sun, who is a Qualified Persons as defined by National Instrument 43-101.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aESM-2492069&symbol=ESM&region=C

Kostolanys Erbe schrieb am 27.06.2017, 21:29 Uhr[/url]"]Noch mal die letzte news:


Euro Sun completes public meeting re Rovina licence



2017-06-26 10:41 ET - News Release



Mr. Scott Moore reports

EURO SUN SUCCESSFULLY COMPLETES PUBLIC MEETING RELATED TO ITS MINING LICENCE

In accordance with Romania's public administration transparency laws, the National Agency for Mineral Resources (NAMR) hosted a public meeting to discuss the draft government decision approving the mining licence of Euro Sun Mining Inc.'s Rovina Valley project at its headquarters today, June 26, 2017, beginning at 11 a.m. The meeting was originally scheduled for three hours to allow all interested associations and Romanian citizens to provide their comments; however, it concluded in one hour.

The mining licence, issued to the company in 2015, must be ratified by the Minister of Economy, the Minister of Water and Forests, the Minister of Justice, the Minister of Public Finance, and the Vice-Prime Minister and Minister of the Environment before being published in the government gazette.

G. Scott Moore, president and chief executive officer of Euro Sun Mining, commented: "We are pleased that this important step requested by NAMR has been successfully concluded, and we look forward to a swift formal ratification by the Romanian state. The Rovina Valley project represents a multigenerational project utilizing the highest environmental standards and without the use of cyanide. It will provide stable, high-paying employment and substantial economic benefits to the Romanian state."

About Euro Sun Mining Inc.

Euro Sun is a Toronto Stock Exchange-listed mining company focused on the exploration and development of its 100-per-cent-owned Rovina Valley gold and copper project located in west-central Romania. The property hosts 10.84 million gold-equivalent ounces (7.19 million ounces of gold grading 0.55 gram per tonne and 1,420 million pounds of copper grading 0.16 per cent), making it the second-largest gold deposit in Europe.

Qualified person

The scientific and technical information pertaining to the metallurgical studies presented in this press release has been reviewed and approved by Joseph C. Milbourne, vice-president of technical services for Euro Sun, who is a qualified persons as defined by National Instrument 43-101.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aESM-2482620&symbol=ESM&region=C


Die Aktie ist im Vorwege ja schon gestiegen. Wenn aber alles ratifiziert ist, sollte das Projekt

Rovina Valley

PROJECT HIGHLIGHTS
• Rovina Valley is 100% owned by Euro Sun Mining
• 10.84M ounces of gold equivalent in the M&I category
• Mining licence granted in May 2015
• PEA completed in March 2010
• Scalable project with excellent mineral growth potential
• $51 million spent on the project to date


bzw. das Unternehmen deutlich höher bewertet werden....Zeitpunkt???

The Bull schrieb am 27.06.2017, 19:11 Uhr[/url]"]ESM jetzt wieder runter!!!

ich habe mir da etwas mehr erhofft!!!

 

[Ollinho]

Danke Kosto!!

Kostolanys Erbe schrieb am 03.08.2017, 20:26 Uhr[/url]"]Herzlichen Glückwunsch zum Geburtstag!

600 schrieb am 03.08.2017, 14:34 Uhr[/url]"]

Sltrader schrieb am 03.08.2017, 14:26 Uhr[/url]"]

dukezero schrieb am 03.08.2017, 14:23 Uhr[/url]"]

greenhorn schrieb am 03.08.2017, 14:18 Uhr[/url]"]:shock:
na dann herzlichen Glückwunsch und ein gesegnetes neues Lebensjahr!!!!!

µ schrieb am 03.08.2017, 14:13 Uhr[/url]"]Und dir Olli alles Gute zu deinem Ehrentag

Ollinho schrieb am 03.08.2017, 12:12 Uhr[/url]"]Wünsche Familie "Troubi" nen ganz tollen Urlaub!!!

Viel Spaß!!

» zur Grafik

 

[Sltrader]

Das könnte heute schön rot werden ....

First Majestic Reports Second Quarter Financial Results
August 3, 2017

VANCOUVER, British Columbia, Aug. 03, 2017 (GLOBE NEWSWIRE) -- FIRST MAJESTIC SILVER CORP. (NYSE:AG) (TSX:FR) (the "Company" or “First Majestic”) is pleased to announce the unaudited interim consolidated financial results of the Company for the second quarter ended June 30, 2017. The full version of the financial statements and the management discussion and analysis can be viewed on the Company's web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise.

SECOND QUARTER 2017 HIGHLIGHTS
(compared to First Quarter 2017)

Silver equivalent production decreased 9% to 3.9 million ounces
Silver production decreased 16% to 2.3 million ounces
All-in sustaining costs (“AISC”) increased 19% to $14.58 per payable silver ounce
Revenues decreased 13% to $60.1 million
Realized average silver price decreased 2% to $17.17 per ounce
Mine operating earnings decreased 86% to $1.4 million
Cash flow per share was $0.11 per share (non-GAAP), a decrease of 32% from the prior quarter
Cash costs increased 11% to $7.41 per payable silver ounce (net of by-product credits)
Net earnings of $1.4 million (Basic EPS of $0.01)
Adjusted net loss, excluding non-cash and non-recurring items, totaled $3.6 million (Adjusted loss per share of $0.02)
Strong treasury with cash and cash equivalents totaling $126.9 million at the end of the quarter

“Our second quarter results were unfortunately burdened by a number of labour issues which have since been resolved,” stated Keith Neumeyer, President and CEO of First Majestic. “While weaker revenues and cash flows were realized as a result of these work stoppages and a strengthening Mexican Peso, our treasury remained relatively unchanged at a very healthy $126.9 million. Due to this unexpected weakness in cash flows, as a conservative measure, management has decided to reduce capital expenditures by $17.5 million for the year. Our focus in the second half of 2017 remains to be the construction of the new roaster system at our La Encantada mine which is on schedule for commissioning in the first quarter of 2018 as well as the renewed investments in underground development which has been lacking over the past few years. This increase in underground development, which started in mid-2016, will have a direct impact on improving production, however, the positive impacts of these types of investments are generally delayed by 12 to 24 months.”

OPERATIONAL AND FINANCIAL HIGHLIGHTS

 

[dukezero]

http://www.marketwired.com/press-release/colorado-announces-strategic-investment-goldcorp-agreement-acquire-remainder-ksp-project-tsx-venture-cxo-2229034.htm


Colorado Announces Strategic Investment by Goldcorp and Agreement to Acquire Remainder of KSP Project
WEST KELOWNA, BRITISH COLUMBIA--(Marketwired - Aug. 4, 2017) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
COLORADO RESOURCES LTD. (TSX VENTURE:CXO) ("Colorado" or the "Company") is pleased to announce it will complete non-flow through and flow-through non-brokered private placements (the "Placements") that will include up to 10,000,000 units (the "Units") at an issue price of $0.26 per Unit and 12,720,000 flow-through units (the "FT Units") at an issue price of $0.365 per FT Unit. Following completion of the Placements Colorado expects to raise up to $7,242,800.

 

[Sltrader]

AG kleine long 7,00

Sltrader schrieb am 04.08.2017, 12:48 Uhr[/url]"]Das könnte heute schön rot werden ....

First Majestic Reports Second Quarter Financial Results
August 3, 2017

VANCOUVER, British Columbia, Aug. 03, 2017 (GLOBE NEWSWIRE) -- FIRST MAJESTIC SILVER CORP. (NYSE:AG) (TSX:FR) (the "Company" or “First Majestic”) is pleased to announce the unaudited interim consolidated financial results of the Company for the second quarter ended June 30, 2017. The full version of the financial statements and the management discussion and analysis can be viewed on the Company's web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise.

SECOND QUARTER 2017 HIGHLIGHTS
(compared to First Quarter 2017)

Silver equivalent production decreased 9% to 3.9 million ounces
Silver production decreased 16% to 2.3 million ounces
All-in sustaining costs (“AISC”) increased 19% to $14.58 per payable silver ounce
Revenues decreased 13% to $60.1 million
Realized average silver price decreased 2% to $17.17 per ounce
Mine operating earnings decreased 86% to $1.4 million
Cash flow per share was $0.11 per share (non-GAAP), a decrease of 32% from the prior quarter
Cash costs increased 11% to $7.41 per payable silver ounce (net of by-product credits)
Net earnings of $1.4 million (Basic EPS of $0.01)
Adjusted net loss, excluding non-cash and non-recurring items, totaled $3.6 million (Adjusted loss per share of $0.02)
Strong treasury with cash and cash equivalents totaling $126.9 million at the end of the quarter

“Our second quarter results were unfortunately burdened by a number of labour issues which have since been resolved,” stated Keith Neumeyer, President and CEO of First Majestic. “While weaker revenues and cash flows were realized as a result of these work stoppages and a strengthening Mexican Peso, our treasury remained relatively unchanged at a very healthy $126.9 million. Due to this unexpected weakness in cash flows, as a conservative measure, management has decided to reduce capital expenditures by $17.5 million for the year. Our focus in the second half of 2017 remains to be the construction of the new roaster system at our La Encantada mine which is on schedule for commissioning in the first quarter of 2018 as well as the renewed investments in underground development which has been lacking over the past few years. This increase in underground development, which started in mid-2016, will have a direct impact on improving production, however, the positive impacts of these types of investments are generally delayed by 12 to 24 months.”

OPERATIONAL AND FINANCIAL HIGHLIGHTS