On Tuesday, Coeur Mining Inc (NYSE:CDE)’s shares inclined 4.58% to $5.71.
Coeur Mining, Inc. (CDE) declared proven and probable reserves at the recently-attained Wharf gold mine in South Dakota of about 781,000 gold ounces. This represents a 39% enhance from the last stated reserve estimate at Wharf by Goldcorp from year-end 2013 of 560,000 ounces. The addition of these new reserves at Wharf results in a 35% enhance in Coeur’s total gold reserves to 3.0 million ounces.
In addition to these reserves, Wharf contains 165,000 gold ounces of measured and indicated resources, an enhance of 13% to Coeur’s total measured and indicated gold resource and 27% higher than the last stated resource estimates by Goldcorp at year-end 2013.
Coeur Mining, Inc., through its auxiliaries, engages in the ownership, operation, exploration, and development of silver and gold mining properties primarily in the United States, Mexico, Bolivia, Argentina, Australia, Ecuador, Chile, and New Zealand. Its principal properties comprise the Palmarejo silver and gold mine in Mexico; San Bartolomé silver mine in Bolivia; Kensington gold mine located in Alaska; the Rochester silver and gold mine in Nevada; and the Endeavor mine, an underground zinc, lead, and silver mine in Australia. The company also owns the La Preciosa and Joaquin silver and gold exploration projects in Mexico and Argentina; and other precious metal royalties.
Flowserve Corp(NYSE:FLS)’s shares gained 2.87% to $52.66.
Flowserve Corporation (FLS), a leading provider of flow control products and services for the global infrastructure markets, declared recently the release of its new self-priming, diaphragm Flowserve Scienco CT6 pump. Engineered for use with chemical mixing and dispensing from mini-bulk tanks, drums and intermediate bulk containers (IBCs), the pump`s six-chamber diaphragm design provides users a higher flow rate than existing products in the market and features wetted parts compatible with a wide range of agricultural chemicals. “Across all our served industries, customers expect a premier product from Flowserve. For the agricultural industry, the CT6 pump clearly meets this expectation,” said Bob Hendricks, President, Industrial Pump Operations. “The design of the CT6 is simplistic and user-friendly. And, with its high level of performance and reliability, it is an ideal transfer pump for recently`s larger application equipment.” The CT6 can pump up to 68 liters per minute (18 gallons per minute) and is used primarily to dispense fluids from bulk or mini-bulk tanks, intermediate bulk containers, drums and other similar applications. It can be configured with a variety of flow meters, hoses, brackets, dip tubes, fittings and valves to provide a complete pumping system. Other features of the CT6 pump comprise:
- Standard duty, up to 49 lpm (13gpm) and High Flow option, up to 68 lpm (18gpm)
- Fully configurable with various mounting options to provide a pumping system solution to match the customer`s application
- Patent-pending feature for recirculation agitates the tank contents to a homogeneous distribution allowing each batch to be dispensed with the same potency
Flowserve Corporation designs, manufactures, distributes, and services industrial flow administration equipment worldwide. The company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD), and Flow Control Division (FCD). The EPD segment offers custom and other engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, and related equipment and services, in addition to manufactures gas-lubricated mechanical seals used in high-speed compressors.
At the end of Tuesday’s trade, Symantec Corporation(NASDAQ:SYMC)‘s shares dipped -0.04% to $23.25.
The National Association of Software and Services Companies (NASSCOM) and Symantec, the global leader in cyber security, signed a Memorandum of Understanding (MoU) for “Building Cyber Security Skills”, an initiative to develop world-class skilled and certified professionals. The MoU was signed in the presence of R. Chandrashekhar, President, NASSCOM and Michael A. Brown, President and Chief Executive Officer, Symantec.
The development is part of Prime Minister Narendra Modi’s call at NASSCOM’s silver jubilee in March 2015 to focus on global cyber security challenges. Sector Skill Council (SSC) NASSCOM and DSCI together with Symantec will focus on developing five prioritized job roles in cyber security together with a master training program. Additionally, the program also intends to fund the scholarship for 1000 women undertaking the cyber security certification by NASSCOM.
Symantec Corporation, together with its auxiliaries, provides security, backup, and availability solutions worldwide. Its products and services protect people and information in various environments from the mobile device and enterprise data center and to cloud-based systems. The company operates through three segments: Consumer Security, Enterprise Security, and Information Administration.
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