On Wednesday, Civeo Corp (NYSE:CVEO)’s shares declined -2.65% to $3.30.
On April 20, Civeo Corp (CVEO), declared recently that it has planned its first quarter 2015 earnings conference call for Thursday, April 30, 2015 at 11:00 am Eastern time. During the call, Civeo will talk about the results for the quarter ended March 31, 2015, which are predictable to be released on April 29, 2015, after markets close.
Civeo Corporation provides remote site accommodations for the natural resource industry in Australia, Canada, and the United States. It also offers facility administration services, counting food services; customized facility administration information systems that provide clients with the tools and information necessary to manage the allocation of contracted rooms and service days; and support services, such as housekeeping and janitorial services, facility maintenance, laundry, communications, supply chain and logistics administration, power generation, and transportation and personnel logistics.
First Majestic Silver Corp (NYSE:AG)’s shares dropped -2.61% to $4.85, during the last trading session on Wednesday.
Yesterday, First Majestic Silver Corp (AG), has declared that it has closed the bought deal private placement declared on April 6, 2015, which was led by BMO Capital Markets.
The Company issued an aggregate of 4,620,000 common shares (the “Common Shares”) at a price of C$6.50 per Common Share for gross proceeds of C$30,030,000 (the “Offering”).
The Company intends to use the net proceeds of the offering for general working capital and ramp development at the La Guitarra Silver Mine from the Coloso min
e to the Nazareno area with the aim of bringing Nazareno online by year end and to advance the permitting and planning process to develop Mina de Agua and El Rincon areas at La Guitarra. In addition, the Company intends to start the planning process at the Plomosas Silver Project in Sinaloa for the preparation for a future Preliminary Economic Assessment (PEA).
Keith Neumeyer, President and CEO of First Majestic, stated; “Our ability to raise money in the current depressed markets is a testament to the reputation of our team and growth prospects going forward. The funds strengthen our balance sheet to ensure the continued success of our operations.”
In connection with the Offering, the Underwriter received a cash commission equal to 5.5% of the aggregate gross proceeds raised. The Common Shares are subject to a hold period which will expire four months and one day from the date of closing, being August 23, 2015.
First Majestic is a mining company focused on silver production in México and is aggressively pursuing the development of its existing mineral property assets and the pursuit through acquisition of additional mineral assets which contribute to the Company achieving its corporate growth objectives.
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The company owns and operates five producing mines, counting the La Encantada silver mine in Coahuila State, the La Parrilla silver mine in Durango State, the Del Toro silver mine in Zacatecas State, the San Martin silver mine in Jalisco State, and the La Guitarra silver mine in Mexico State.
At the end of Wednesday’s trade, B2Gold Corp (NYSEMKT:BTG)‘s shares dipped -2.55% to $1.53.
On April 15, B2Gold Corp (BTG), declare its gold production and revenue for the first quarter of 2015. All dollar figures are in United States dollars unless otherwise indicated.
2015 First Quarter Highlights
- Record quarterly merged gold production of 115,859 ounces (counting 18,815 ounces of pre- commercial production from Otjikoto), 20% greater than in the same period in 2014
- Record gold sales of 114,799 ounces (or 133,265 ounces counting 18,466 ounces of pre-commercial sales from Otjikoto)
- Gold revenue of $138.9 million (or a record of $162 million counting $23.1 million of pre- commercial sales from Otjikoto)
- New Otjikoto Mine in Namibia successfully transitioned into production, achieving commercial production one month ahead of plan on February 28, 2015
- Otjikoto mill expansion from 2.5 million tonnes per year to 3.0 million tonnes per year remains on plan, expecting to raise gold production starting in September 2015
- Company is on track to meet its 2015 guidance of 500,000 to 540,000 ounces of gold production at cash operating costs between $630 to $660 per ounce and all-in sustaining costs between $950 and $1,025 per ounce
- In Mali, the Fekola Project feasibility study is well underway with completion predictable in the second quarter of 2015; Road construction and site earthworks commenced in February 2015
B2Gold Corp., a mid-tier gold mining company, explores and develops mineral properties in Nicaragua, the Philippines, Namibia, Burkina Faso, and Chile. The company principally explores for gold, silver, and copper. It primarily holds a 100% interest in the La Libertad mine, which comprises of an exploitation concession covering 10,950 hectares located in Nicaragua; a 95% interest in the Limon mine property that covers an area of 12,000 hectares located northwest of Managua; and has 95% interest in Limon gold mine located in northwestern Nicaragua.
WisdomTree Investments, Inc (NASDAQ:WETF), ended its Wednesday’s trading session with -2.41% loss, and closed at $21.04.
On April 20, WisdomTree Investments, (WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, declared the appointment of Alisa Maute as Head of U.S. Sales. Ms. Maute joined WisdomTree in June of 2008, spending five years as a Regional Director in the Company’s National Full Service (NFS) broker/dealer channel and the past two years as a Regional Director covering the Registered Investment Advisor (RIA) channel in the Midwest.
“Alisa’s extraordinary track record of achievement across key distribution channels, her extensive knowledge of our products in addition to a deep understanding of client needs makes her the ideal leader to oversee and expand WisdomTree’s U.S. distribution capabilities,” said Jonathan Steinberg, WisdomTree CEO and President.
WisdomTree Investments, Inc., through its auxiliaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, in addition to offers a platform to promote the use of WisdomTree ETFs in 401(k) plans. It develops index using its fundamentally weighted index methodology.
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