On Wednesday, Yamana Gold Inc. (USA) (NYSE:AUY)’s shares dwindled -1.57%, and closed at $3.75, as Yamana Gold Inc. (USA)(AUY), declared preliminary first quarter 2015 operational results for its partner Brio Gold Inc. (“Brio Gold”) and offered an update on planned initiatives regardingBrio Gold.
PRELIMINARY FIRST QUARTER OPERATIONAL RESULTS
The producing mines in the Brio Gold portfolio produced about 31,000 ounces of gold in the first quarter of 2015 at cash costs of about $825 per ounce. First quarter production is comprising with budget and these mines are on track to produce 130,000 ounces of gold at average cash costs of $730 per ounce of gold in 2015. The average realized gold price for these assets in the quarter was about $1,215 per ounce and exposure to the Brazilian Real remains unhedged.
Sustaining capital to the end of 2016 for the current Brio Gold operations is predictable to average about $180 per ounce. Expansionary capital for 2015 is predictable to be about $6.6 million for the development of Maria Lazarus at Pilar, $2.2 million of which was spent in the first quarter. No expansionary capital spending is planned at Fazenda Brasileiro.
ADVANCING C1 SANTA LUZ
At C1 Santa Luz, a study to assess the potential viability of several identified processing alternatives was accomplished in January 2015. Detailed metallurgical testwork is underway to further evaluate the identified options to modify the process flowsheet, the results of which are predictable by mid-2015. The detailed pilot plant testwork and resulting final process flowsheet is predictable to provide certainty of the viability of the project and support the required capital spending. Subsequent to a decision on flowsheet modifications, infill and geotechnical drilling will resume at the project in support of an updated mine plan design. This work is being directed by Brio Gold’s administration in consultation with Yamana’s technical services group.
Yamana Gold Inc. engages in gold mining and related activities, counting exploration, extraction, processing, and reclamation. The corporation has precious metal properties and land positions in the Americas. Its portfolio comprises seven operating gold mines, such as Chapada (copper/gold), El Peñón (gold/silver), Canadian Malartic Mine (gold/silver), Jacobina(gold), Gualcamayo(gold), Minera Florida (gold/silver/zinc), Fazenda Brasileiro, and Mercedes (gold/silver), in addition to a 12.5% indirect interest in the Alumbrera mine (copper/gold/molybdenum); and various development stage projects and exploration properties in Brazil, Chile, Argentina, Mexico, and Canada.
AT&T Inc (NYSE:T)’s shares dropped -0.12%, and settled at $32.65, during the last trading session on Wednesday, as AT&T Inc (T), has invested more than $875 million in its best-in-class wireless and wired networks in South Carolina between 2012 and 2014, driving a wide range of upgrades to reliability, coverage, speed and performance for residents and business customers.
AT&T U-verse is delivered over AT&T’s advanced IP network and comprises AT&T U-verse High Speed Internet, AT&T U-verse TV, and AT&T U-verse Voice.**** AT&T U-verse TV customers enjoy Total Home DVR®, apps for entertainment on the go, and integrated features. AT&T recently received three Women’s Choice Awards® as “America’s Most Recommended Brand Among Women for Broadband, Television and Phone Service Provider.” Frost & Sullivan recognized AT&T for its leadership in high-speed Internet services with the 2015 North American Competitive Strategy and Innovation Leadership of the Year Award for Broadband, AT&T U-verse TV with the 2015 North American Corporation of the Year for Multichannel Video for its growth, innovation, and leadership, and the 2015 North American Corporation of the Year for Consumer Communication Services.
AT&T Inc. provides telecommunications services in the United States and internationally. The corporation operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
At the end of Wednesday’s trade, ConocoPhillips (NYSE:COP)’s shares dipped -1.49%, and closed at $64.81, as ConocoPhillips (COP), offered details of its financial precedingities and operating plan at its Analyst and Investor Meeting in New York. Members of the corporation’s executive leadership team talk about ConocoPhillips’ aim to offer attractive annual returns to shareholders through a compelling dividend, predictable growth and a precedingity on margins and financial returns.
“We believe we are uniquely positioned to execute a viable, prudent plan that delivers on our commitments to shareholders,” said Lance. “The dividend remains our top priority and we will continue to exercise our capital flexibility and financial strength to achieve cash flow neutrality in 2017. We have successfully delivered on our commitments to shareholders over the past three years and we remain committed to continuing that track record of success.”
The corporation will also provide an update on first-quarter 2015 financial and operating results during a conference call webcast on Thursday, April 30, 2015 at 12:00 p.m. EDT. The corporation’s first-quarter earnings will be released before the market opens on April 30.
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. Its portfolio comprises shale and oil sands assets; lower-risk legacy assets in North America, Europe, Asia, and Australia; various international developments; and exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
HubSpot Inc (NYSE:HUBS), ended its Wednesday’s trading session with -1.44% loss, and closed at $38.94, after HubSpot Inc (HUBS), declared that it will report its first quarter 2015 financial results after the U.S. financial markets close on Wednesday, May 6, 2015. In conjunction with this report, HubSpot will host a conference call on Wednesday, May 6, 2015 at 5:00 p.m. Eastern Time (ET) to talk about the corporation’s first quarter financial results and its business outlook.
HubSpot, Inc. provides a cloud-based inbound marketing and sales software platform for businesses in the United States, Ireland, and Australia. Its software platform comprises of integrated applications, such as social media, search engine optimization, blogging, Website content administration, marketing automation, email, and analytics and reporting that enable businesses to attract visitors to their Websites, convert visitors into leads, and close leads into customers.
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