Minerals

NMG Announces the Closing of Aggregate US$37.5 Million Private Placement by Mitsui and Pallinghurst

Retrieved on: 
Thursday, May 2, 2024
Natural Resources, Alternative Energy, Energy, Automotive, Other Automotive, Automotive Manufacturing, Mining, Minerals, Manufacturing, NMG, Private placement, NOU, EDGAR

Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) ( NYSE: NMG , TSX.V: NOU ) confirms it has closed its private placements previously announced on February 15, 2024, and May 1st, 2024, (the ‘’Private Placements”) representing a gross aggregate amount of US$37.5 million from Mitsui & Co., Ltd. (‘’Mitsui”) (TYO:8031) and Pallinghurst Bond Limited (‘’Pallinghurst”).

Key Points: 
  • Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) ( NYSE: NMG , TSX.V: NOU ) confirms it has closed its private placements previously announced on February 15, 2024, and May 1st, 2024, (the ‘’Private Placements”) representing a gross aggregate amount of US$37.5 million from Mitsui & Co., Ltd. (‘’Mitsui”) (TYO:8031) and Pallinghurst Bond Limited (‘’Pallinghurst”).
  • For further information regarding the Private Placements, please refer to NMG’s press releases dated May 1, 2024, and February 15, 2024, available under the Company’s profile on SEDAR+ at www.sedar.com and on EDGAR at www.sec.gov , as well as on NMG’s website at: https://nmg.com/private-investment-offtake/ and https://nmg.com/approval-mitsui-pallinghurst-placements/

NOG Declares $0.40 Quarterly Cash Dividend

Retrieved on: 
Thursday, May 2, 2024
Energy, Natural Resources, Mining, Minerals, Oil, Gas, NOG

Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced that its Board of Directors has declared a cash dividend in the amount of $0.40 per share of common stock, the planned quarterly level for 2024 as previously disclosed.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) today announced that its Board of Directors has declared a cash dividend in the amount of $0.40 per share of common stock, the planned quarterly level for 2024 as previously disclosed.
  • The dividend is payable on July 31, 2024, to stockholders of record as of the close of business on June 27, 2024.

Mesabi Trust Press Release

Retrieved on: 
Thursday, May 2, 2024
Finance, Banking, Natural Resources, Professional Services, Mining, Minerals, Sale, Iron, MSB, Weather, Exhibit, Annual report, Security (finance), Trust, Trustee, Bank statement, Calendar, Menu, Cliff

As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2024, Mesabi Trust was credited with a base royalty of $2,106,086.

Key Points: 
  • As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2024, Mesabi Trust was credited with a base royalty of $2,106,086.
  • The royalties paid to Mesabi Trust are based on the volume of iron ore pellets and other products produced or shipped during the quarter and the year to date, the pricing of iron ore product sales, and the percentage of iron ore pellet production and shipments from Mesabi Trust lands rather than from non-Mesabi Trust lands.
  • These multiple factors can result in significant variations in royalties received by Mesabi Trust (and in turn, the resulting funds available for distribution to Unitholders by Mesabi Trust) from quarter to quarter and from year to year.
  • With respect to calendar year 2024, Northshore has not advised Mesabi Trust of its expected shipments of iron ore products, or what percentage of 2024 shipments will be from Mesabi Trust iron ore.
    Mesabi Trust’s Annual Report on Form 10‑K for the fiscal year ended January 31, 2024, which includes the audited financial statements of Mesabi Trust, was filed with the Securities and Exchange Commission on April 24, 2024.

Gold Resource Corporation Reports Financial Results for the First Quarter 2024

Retrieved on: 
Friday, May 3, 2024
Mining, Minerals, Natural Resources, Copper, Lead, Water quality, Safety, Silver, Sandy, Zinc, Result, Paramount, Gold, Analysis, Arista, Vein, TSF, GAAP, Measurement, Operation, Bank

Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its first quarter operational results from its Don David Gold Mine (“DDGM”) near Oaxaca, Mexico, and a corporate update on its other activities.

Key Points: 
  • Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its first quarter operational results from its Don David Gold Mine (“DDGM”) near Oaxaca, Mexico, and a corporate update on its other activities.
  • As a result, plant throughput was reduced, and recoveries were lower during the first few weeks of the quarter until solutions were achieved.
  • Work will continue during the second quarter to further improve recoveries.” stated Allen Palmiere, President and CEO.
  • Even with a good track record at DDGM, the Company continues to strive each quarter for improved measures, awareness, and training.

Vista Gold Corp. Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, May 2, 2024
Mining, Minerals, Natural Resources, EDT, Safety, Economics, Health, TSX, MDT, Gold, VGZ

Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced its unaudited financial results for the quarter ended March 31, 2024, with cash totaling $11.9 million at quarter-end.

Key Points: 
  • Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced its unaudited financial results for the quarter ended March 31, 2024, with cash totaling $11.9 million at quarter-end.
  • We updated the Mt Todd feasibility study to include first quarter 2024 quotes for material capital and operating costs, the current outlook for long-term gold price and foreign exchange rates, and the previously announced royalty.
  • Cash and cash equivalents totaled $11.9 million at March 31, 2024, compared to $6.1 million at December 31, 2023.
  • Management’s conference call to review financial results for the quarter ended March 31, 2024 and to discuss corporate and project activities is scheduled for May 7, 2024 at 2:00 p.m. MDT (4:00 p.m. EDT).

Royal Gold Presenting at the BofA Securities 2024 Global Metals, Mining & Steel Conference

Retrieved on: 
Friday, May 3, 2024
Mining, Minerals, Natural Resources, Bank of America, MDT, EDT, Conference, Acquisition, Royal Gold

Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that management will present at the BofA Securities 2024 Global Metals, Mining & Steel Conference in Miami, Florida.

Key Points: 
  • Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that management will present at the BofA Securities 2024 Global Metals, Mining & Steel Conference in Miami, Florida.
  • Bill Heissenbuttel, President and Chief Executive Officer, will address conference participants on Wednesday, May 15, at 11:00 a.m. EDT (9:00 a.m. MDT) in a fireside chat lasting 25 minutes.
  • Royal Gold is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests.
  • Royal Gold is publicly traded on the Nasdaq Global Select Market under the symbol “RGLD.” The Company’s website is located at www.royalgold.com .

ICL to Present at 2024 BMO Global Farm to Market Conference

Retrieved on: 
Thursday, May 2, 2024
Agriculture, Natural Resources, Mining, Minerals, Conference

ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced Anantha Desikan, executive vice president and chief innovation and technology officer of ICL, will be presenting at 2024 BMO Global Farm to Market Conference at 11 a.m.

Key Points: 
  • ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced Anantha Desikan, executive vice president and chief innovation and technology officer of ICL, will be presenting at 2024 BMO Global Farm to Market Conference at 11 a.m.
  • ET on Thursday, May 16, 2024.
  • A webcast of the event will be available at investors.icl-group.com/reports-news-and-events/default.aspx#events .
  • A replay will be available at the same site for a limited time, following the live event.