Commercial Metals Company announced today guidance for its first quarter ended November 30 , 2011. CMC expects first quarter earnings to be in the range of $0.87 to $0.97 per diluted share, which represents a substantial increase over the $0.01 earnings per share recorded for the first quarter of fiscal 2011 and the $1.04 loss per [...]
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Commercial Metals Company (NYSE: CMC - News) today announced that its Board of Directors, after consultation with its independent legal and financial advisers, unanimously recommends that Commercial Metals Company (“CMC”) stockholders reject the unsolicited tender offer (the “Offer”) from IEP Metals Sub LLC, an affiliate of Carl Icahn (“Mr. Icahn”), to acquire CMC for $15.00 per share, as [...]
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MAG Silver Corp. (“MAG” or the “Company”) announces an independent updated Mineral Resource estimate for the Juanicipio Property completed by Roscoe Postle Associates Inc. (“RPA”) on behalf of MAG. The updated RPA Mineral Resource estimate is based on drill results available as of August 5, 2011, and was prepared in parallel with the June 2011 [...]
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Century Aluminum Company announced today that its subsidiary, Nordural Helguvik hf, has received the results of its arbitration with one of the power suppliers to its Helguvik greenfield smelter. The arbitration panel ruled that the parties’ power contract remains in force in accordance with its terms and that HS Orka hf remains obligated to provide [...]
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Eldorado Gold Corporation (the “Company” or “Eldorado”) today announced that it has entered into a definitive agreement (the “Arrangement Agreement”) with European Goldfields Limited (“European Goldfields”) pursuant to which Eldorado has agreed to acquire all of the issued and outstanding common shares of European Goldfields by way of a plan of arrangement (the “Arrangement”) under [...]
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GREAT PANTHER SILVER LIMITED (the “Company”) is pleased to announce that it has finalized arrangements to sell all available concentrate inventories from Guanajuato before year end and is well advanced in securing new contracts for fiscal 2012 concentrate sales for both the Guanajuato and Topia Mines. This will ensure strong fourth quarter revenues which will [...]
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