On Tuesday, Shares of Yamana Gold, Inc. (NYSE:AUY), gained 1.44% to $2.11.
Yamana Gold declared a third quarter 2015 dividend of $0.015 per share. Shareholders of record at the close of business on September 30, 2015 will be entitled to receive payment of this dividend on October 14, 2015. The dividend is an “eligible dividend” for Canadian tax purposes.
Yamana Gold Inc. engages in gold mining and related activities, counting exploration, extraction, processing, and reclamation. The company has precious metal properties and land positions in the Americas.
Shares of Century Aluminum Co. (NASDAQ:CENX), declined -0.63% to $6.27, during its last trading session.
Century Aluminum Company stated a net loss of $33.9 million ($0.39 per common share) for the second quarter of 2015. Results comprise a $30.9 million impairment charge ($0.35 per common share) related to the permanent closure of our Ravenswood smelter and a $25.7 million charge ($0.30 per common share) for lower of cost or market inventory adjustments. Results were also negatively influenced by $11.7 million ($0.13 per common share) in costs related to the labor disruption at our Hawesville smelter. Lastly, results comprise a $10.3 million ($0.12 per common share) unrealized gain on the fair value of contingent consideration related to the acquisition of the remaining 50.3% interest of Mt. Holly. After consideration of these items, the company stated adjusted net income of $24.1 million and adjusted earnings per share of $0.25.
For the second quarter of 2014, Century stated net income of $20.3 million ($0.21 per common share). Results were negatively influenced by a charge of $0.5 million ($0.01 per common share) for the finalization of a legal settlement.
Sales for the second quarter of 2015 were $523.5 million contrast with $458.3 million for the second quarter of 2014. Shipments of primary aluminum for the second quarter of 2015 were 233,950 tonnes contrast with 216,044 tonnes shipped in the second quarter of 2014.
Century Aluminum Company, together with its auxiliaries, produces primary aluminum in the United States and Iceland. It produces standard grade and value-added primary aluminum products; and carbon products, such as anodes and cathodes. The company was founded in 1995 and is headquartered in Chicago, Illinois.
Finally, Horsehead Holding Corp. (NASDAQ:ZINC), ended its last trade with -3.79% loss, and closed at $9.13.
Horsehead Holding Corp., stated a merged net loss of $3.6 million, or $(0.06) per diluted share, for the second quarter of 2015 contrast to a merged net loss of $5.1 million, or $(0.10) per diluted share, for the second quarter of 2014. Results for the quarter, adjusted to exclude favorable non-cash adjustments associated with hedges, was a merged net loss of $12.4 million, or $(0.22) per diluted share, contrast to a merged net loss on the same basis of $3.2 million for the second quarter of 2014, or $(0.06) per diluted share.
“The quarter reflected lower shipments of zinc metal contrast with the preceding year’s quarter due, in part, to the sale of the remaining inventory from the Monaca, Pennsylvania facility in the preceding year’s quarter. The shortfall in shipments was partially offset by continued solid demand for our zinc calcine, completion of the sale of the Monaca property and higher LME zinc prices. Production of finished zinc products raised 7.6% contrast with the preceding year’s quarter reflecting the transition of zinc production from the Monaca smelter to the Mooresboro facility in the preceding year’s quarter,” said Jim Hensler, President and Chief Executive Officer.
Horsehead Holding Corp., together with its auxiliaries, produces and sells zinc and nickel-based products primarily in the United States and Canada. The company operates through three segments: Horsehead, Zochem, and INMETCO. The Horsehead segment processes electric arc furnace dust and other zinc-bearing material to produce and sell zinc and other metals.
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