|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||20.71 - 21.13|
|52-week range||19.31 - 24.27|
|PE ratio (TTM)||74.23|
|Earnings date||14 Aug. 2018|
|Forward dividend & yield||0.26 (1.30%)|
|1y target est||16.81|
Almadex Minerals Limited (“Old Almadex”) is pleased to announce that it has closed the previously announced statutory plan of arrangement (the “Plan of Arrangement”) under Section 288 of the Business Corporations Act (British Columbia) to spin-out Old Almadex’s early stage exploration projects, royalty interests, and certain other assets into Almadex Minerals Ltd. (formerly 1154229 B.C. Ltd.) (“New Almadex”) effective at 12:01 a.m. on May 18, 2018 (the “Effective Time”). At the Effective Time, Old Almadex changed its name from Almadex Minerals Limited to Azucar Minerals Ltd. (“Azucar”) (AMZ.V) (AXDDF), and New Almadex changed its name from 1154229 B.C. Ltd. to Almadex Minerals Ltd. Under the terms of the Plan of Arrangement, the shareholders of Old Almadex will receive common shares in New Almadex (“New Almadex Shares”) by way of a share exchange, pursuant to which each existing share of Old Almadex (an “Old Almadex Share”) held at the Effective Time will be exchanged for one “new” share of Azucar (an “Azucar Share”) and one New Almadex Share.
Newcrest says Cadia will return to full production before the end of June, after it began depositing tailings into its Cadia Hill open pit over the weekend.
Newcrest Mining has cut its full year gold output forecast, mainly on the back of a dam collapse which halted operations at its biggest and lowest-cost mine. The miner produced 575,791 ounces of gold in the three months to March 31, down six per cent from the previous quarter, mostly due to reduced production at its Cadia mine in NSW after a breach at the tailings dam temporarily suspended all mining and processing activities. Newcrest now expects full year gold output to be between 2.25 and 2.35 million ounces, down from its previous estimate of between 2.4 and 2.7 million ounces.
MELBOURNE, Australia, April 12, 2018-- On February 26, 2018, Newcrest International Pty Ltd., a wholly-owned subsidiary of Newcrest Mining Limited, entered into a subscription agreement with Almadex Minerals ...
VANCOUVER, British Columbia, Feb. 26, 2018-- Almadex Minerals Limited is pleased to announce that its Board of Directors has unanimously approved a strategic reorganization of its business. Almadex's early ...
Newcrest Mining has sold its 89.9 per cent stake in the Bonikro mine in Cote d'Ivoire (Ivory Coast), west Africa, to a consortium of F&M Gold Resources and Africa Finance Corporation, for $81 million. The sale follows an extensive review of the asset and will provide a clear future path for the Bonikro mine for the benefit of its employees and stakeholders, Newcrest chief executive Sandeep Biswas said. Bonikro produced 128,000 ounces of gold, or about five per cent Newcrest's output, in the year to June 2017.
Newcrest Mining has posted a decline in September quarter gold and copper production as a number of major plant shutdowns weighed on performance. Australia's biggest gold miner produced 522,917 ounces of gold in the three months to September 30, down 5.2 per cent from the June quarter and 15 per cent lower from a year ago. Copper output was up nearly 29 per cent from the preceding quarter to 16,681 tonnes, but was down nearly 30 per cent from a year earlier.
Newcrest Mining has posted a five per cent decline in September quarter gold production as a number of major plant shutdowns weighed on performance. Australia's biggest gold miner produced 522,917 ounces of gold in the three months to September 30, down 5.2 per cent from 551,815 ounces in the June quarter. The company has kept its full-year guidance range unchanged at 2.4 to 2.7 million ounces of gold, with production from its Cadia East mine expected to ramp up in the second half of the fiscal year, along with fewer planned shutdowns.
Auckland, New Zealand, Sep 22, 2017 - (ABN Newswire) - New Talisman (ASX:NTL.AX - News) (NZE:NTL.AX - News) is pleased to announce that, it has acquired 100% of Newcrest New Zealand Exploration Pty Ltd, a subsidiary of Newcrest Mining Limited (Newcrest) that held 80% of the highly prospective Rahu Project with 20% held by NTL. NTL has entered into a sale and purchase agreement with Newcrest which supersedes the previous agreements with Newcrest. NTL is evaluating options to fast track the exploration project having acquired all geological and site targeting data and logging.