Minerals

Chemours Announces Second Quarter Dividend

Retrieved on: 
Monday, April 29, 2024

The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the Company's common stock for the second quarter of 2024.

Key Points: 
  • The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the Company's common stock for the second quarter of 2024.
  • The dividend will be paid on June 14, 2024 to stockholders of record as of the close of business on May 15, 2024.

Element Resources Acreage Lease at Rio Tinto U.S. Borax California Operations

Retrieved on: 
Monday, April 29, 2024

Element Resources, a leader in green hydrogen production, announces the signing of a surface lease agreement with Rio Tinto at the Rio Tinto U.S. Borax mine site in Boron, California, which will be used for the development of a green hydrogen production facility powered by a dedicated, co-located off-grid solar electric generation facility.

Key Points: 
  • Element Resources, a leader in green hydrogen production, announces the signing of a surface lease agreement with Rio Tinto at the Rio Tinto U.S. Borax mine site in Boron, California, which will be used for the development of a green hydrogen production facility powered by a dedicated, co-located off-grid solar electric generation facility.
  • Element Resources will have an initial study period to evaluate the commercial viability of a hydrogen production facility.
  • “We are proud to partner with Element Resources to study this incredibly exciting technology and its potential for our net zero journey,” said Renny Dillinger, General Manager, U.S. Borax.
  • “This is just another example of our dedication to decarbonization, and we look forward to working in collaboration with Element Resources in their next steps.”
    “We are delighted to enter into this agreement with Rio Tinto U.S. Borax,” said Steve Meheen, Founder, Chairman & CEO of Element Resources.

Gold Resource Corporation Will Reschedule Release of Its First Quarter 2024 Results

Retrieved on: 
Tuesday, April 30, 2024

Gold Resource Corporation (NYSE American: GORO) (the “Company”) announced today that it is postponing the release of its first quarter 2024 financial results to allow for sufficient time to complete the first quarter audit procedures.

Key Points: 
  • Gold Resource Corporation (NYSE American: GORO) (the “Company”) announced today that it is postponing the release of its first quarter 2024 financial results to allow for sufficient time to complete the first quarter audit procedures.
  • The preliminary results announced on April 15, 2024, remain unchanged.
  • The conference call will be hosted on Friday, May 3, 2024, at 12:00 p.m. Eastern Time (10:00 a.m. Mountain Time).
  • Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico.

Buenaventura Announces First Quarter 2024 Results

Retrieved on: 
Tuesday, April 30, 2024

If you would prefer to receive a call rather than dial in, please register via the following link.

Key Points: 
  • If you would prefer to receive a call rather than dial in, please register via the following link.
  • The phone number provided will be automatically called and connected to the conference without any interruption to the participant.
  • Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and Coimolache).
  • Actual results could differ materially from those projected in the forward-looking statements as a result of a variety of factors discussed elsewhere in this Press Release.

ASA Gold and Precious Metals Fund Adopts Limited-Duration Shareholder Rights Plan

Retrieved on: 
Monday, April 29, 2024

The Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (“ASA” or the “Company”) (NYSE:ASA) has unanimously adopted a limited-duration shareholder rights plan (“Rights Plan”) to protect the interests of the Company and all of its shareholders.

Key Points: 
  • The Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (“ASA” or the “Company”) (NYSE:ASA) has unanimously adopted a limited-duration shareholder rights plan (“Rights Plan”) to protect the interests of the Company and all of its shareholders.
  • The Rights Plan is currently effective and will expire at the close of business on August 23, 2024.
  • The terms of the Rights Plan are substantially identical to the terms of the shareholder rights plan that was adopted by the Board on December 31, 2023.
  • The limited-duration Rights Plan was adopted in response to the rapid and significant accumulation of ASA shares by Saba Capital Management, LP (“Saba”).

Leading Proxy Advisor ISS Recommends GrafTech Stockholders Vote “FOR” Board-Recommended Director Nominees

Retrieved on: 
Monday, April 29, 2024

GrafTech International Ltd. (NYSE: EAF) (“GrafTech,” the “Company,” “we,” or “our”) today announced that leading proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that GrafTech stockholders vote “FOR” the nominees recommended by GrafTech’s Board of Directors (the “Board”), Ms. Debra Fine and Mr. Anthony Taccone, using the WHITE proxy card.

Key Points: 
  • GrafTech International Ltd. (NYSE: EAF) (“GrafTech,” the “Company,” “we,” or “our”) today announced that leading proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that GrafTech stockholders vote “FOR” the nominees recommended by GrafTech’s Board of Directors (the “Board”), Ms. Debra Fine and Mr. Anthony Taccone, using the WHITE proxy card.
  • ISS further recommends that GrafTech stockholders vote “WITHHOLD” on dissident nominee, Mr. Nilesh Undavia, and should NOT vote using the blue proxy card sent by Mr. Undavia.
  • GrafTech reminds stockholders that every vote is important and encourages its stockholders to review the GrafTech proxy solicitation materials carefully and use the WHITE proxy card to vote today only “FOR” the nominees recommended by the Board, Ms. Fine and Mr. Taccone.
  • The Board also urges GrafTech stockholders to DISCARD all blue proxy cards and materials sent by Mr. Undavia.

Alliance Resource Partners, L.P. Declares Quarterly Distribution of $0.70 Per Unit

Retrieved on: 
Friday, April 26, 2024

ARLP unitholders of record as of the close of trading on May 8, 2024 will receive a cash distribution for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on May 15, 2024.

Key Points: 
  • ARLP unitholders of record as of the close of trading on May 8, 2024 will receive a cash distribution for the 2024 Quarter of $0.70 per unit (an annualized rate of $2.80 per unit), payable on May 15, 2024.
  • The announced distribution is consistent with the cash distributions of $0.70 per unit for the quarters ended March 31, 2023 and December 31, 2023.
  • To participate in the conference call, dial (877) 407-0784 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call.
  • Nominees, and not ARLP, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of non-U.S. investors.

IperionX Titanium HAMR Furnace Installation Complete

Retrieved on: 
Friday, April 26, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240426726200/en/
    Figure 1: HAMR Titanium Furnace at the IperionX Titanium Production Facility (Photo: Business Wire)
    The Hydrogen Assisted Metallothermic Reduction (HAMR TM) titanium furnace has been delivered and successfully installed, with first energization and commissioning on track to commence in Q2 2024.
  • The advanced HAMR furnace is similar in scale to a traditional single-unit Kroll titanium furnace, and enhances IperionX’s manufacturing capabilities with numerous competitive advantages.
  • These manufacturing advancements are supported by IperionX's portfolio of patented technologies that can produce titanium powders, semi-finished titanium products, near-net shape forged titanium products, and additively manufactured titanium components.
  • “The deployment of our advanced HAMR titanium furnace at the Virginia facility is another crucial step to re-shore a full ‘end to end’ titanium supply chain within the United States.