Denison Mines Reports Uranium Find at Waterbury Lake

Denison Mines (TSX:DML,NYSEAMERICAN:DNN) has announced the discovery of uranium mineralization at its Waterbury Lake property in the Athabasca Basin region of Northern Saskatchewan. The Canadian uranium explorer found the mineralization during a planned summer drill program at the site. The Waterbury Lake project is located just 3 kilometers from Denison’s Huskie zone. According to the company, the basement-hosted […]

Lynas Reports Gross Profit of AU$121 Million

Rare earths miner Lynas (ASX:LYC,OTCMKTS:LYSDY) has released its yearly financial and operations update. Highlights include operational improvements and a gross profit of AU$ 12.1 million. The Australian critical metals producer also reported significant balance sheet improvements, with increased cashflow from operating activities topping AU$ 118 million. 2018 also marks the first time Lynas had positive […]

Tahoe Resources Reports Attempted Theft at La Arena Mine

Canadian precious metals miner Tahoe Resources (TSX:THO, NYSE:TAHO) reported an attempt to steal gold from the company’s La Arena mine in Peru on Wednesday (August 29). Tahoe’s employees came across five holes which had been dug on top of a pipeline carrying a solution of gold and cyanide in an attempt to steal gold from the mine. […]

WeedMD Reports C$2.1 Million in Revenue for Q2 2018

On Tuesday (August 28) WeedMD (TSXV:WMD) issued its second quarter results for 2018, the first since a split in its business plan, reporting C$ 2.1 million in revenue for the quarter ending on June 30. Keith Merker, CEO of the company, stated the producer has secured supply agreements with the provincial agencies tasked to gather […]

McorpCX Reports Second Quarter 2018 Results

McorpCX (TSXV:MCX) announced its second quarter results with the company reporting revenue of $ 1.4 million for the quarter ending June 30, 2018 which translates to 133 percent increase as compared to prior year quarter. The company’s gross profit increased to $ 663,865 which represents an 83 percent increase from the second quarter of 2017. […]

CannTrust Reports C$9 Million in Revenue for Q2 2018

On Tuesday (August 14), CannTrust Holdings (TSX:TRST) reported a 99-percent rise in revenue as part of its second-quarter results for 2018. Sales for dried cannabis reached just over C$ 3.5 million for the three-month period, which ended on June 30, compared to a little under C$ 2 million for the same time period last year. […]

First Majestic Silver Reports US$40-million Loss in Q2

First Majestic Silver’s (TSX:FR,NYSE:AG) second-quarter results show a US$ 40-million loss compared to a profit this time last year. The news drove shares down by almost 15 percent. The Canadian miner reported a loss of 22 cents on a per-share basis. In terms of one-time gains and costs, losses were 7 cents per share and […]

Santos Reports Significant Natural Gas Resource in PNG

Santos (ASX:STO), has announced the Barikewa-3 well, located in Papua New Guinea’s onshore Forelands region, intersected 25 metres of net gas pay within the Toro and Hedinia reservoir objectives. According to the company, reservoir quality exceeded pre-drill expectations and the appraisal well successfully intersected a gas-water contact in the Hedinia. As quoted from the press release: A drill-stem […]

PDF Solutions Reports Second Fiscal Quarter Results

PDF Solutions (NASDAQ:PDFS), a leading provider of process-design integration technologies to enhancing integrated circuit manufacturability announced financial results for its second fiscal quarter ended June 30, 2018. The company said that its total revenues for the second fiscal quarter of 2018 were US$ 21.1 million as compared US$ 24.3 million for the second fiscal quarter […]

Red River Resources Reports Record Production at West 45

Red River Resources (ASX:RVR) has released their quarterly production report for the June quarter. The company has detailed quarterly highlights including record production at West 45 at 85,000 tonnes grading 0.3 percent copper, 1.9 percent lead and 4.3 perent zinc mined during the period, an increase of 29 percent from the previous quarter. Additionally the […]

HashChain Technology Reports Third Quarter Fiscal 2018 Financial Report

HashChain Technology Inc. (“HashChain” or the “Company”) (TSXV:KASH; OTCQB:HSSHF) today announced its financial and operational results for the quarter ended May 31, 2018. HashChain is a global blockchain company with cryptocurrency mining, accounting, and Masternode hosting services that began operations on November 3, 2017 and subsequently listed for trading on the TSX Venture Exchange on December 18, 2017. […]

Seattle Genetics Reports Q2 Results, ADCETRIS Sales in Focus

Powerhouse Seattle Genetics (NASDAQ:SGEN) released its Q2 2018 financial results on Thursday (July 26), with sales of its ADCETRIS product largely in focus. The company said in the release that net sales of ADCETRIS in Q2 totaled US$ 122.4 million between the US and Canada, a 65 percent boost compared to sales of US$ 74.3 […]

Eagle Energy Reports Sale of Twining Assets

Eagle Energy (TSX:EGL) announced it has signed an agreement to sell its entire interest in its oil and natural gas properties near Twining, Alberta to a third party for cash consideration of C$ 13,820,000 before customary post-closing adjustments. The sale is expected to close on or about August 28, 2018, subject to customary closing conditions. The deal is part […]

Australia’s Santos Reports H1 Revenue of US$1.7 Billion

Santos’ (ASX:STO) sales revenue increased 16 percent in 2018’s first half, hitting US$ 1.7 billion, a jump the company has attributed to stronger commodities prices and higher oil sales. In its Q2 report, Santos highlights production growth at its Cooper Basin and Western Australia assets, with Cooper’s gas and oil production rising 8 and 17 percent, respectively, from […]

Constantine Reports First Assay Drill Results from Palmer Project

Constantine Metal Resources (TSXV:CEM) has reported the first round of assay results for a 10,000-meter drill program currently underway at its joint-venture Palmer project in Alaska. As quoted in the press release: Wide intervals of silver-gold-zinc-lead-barite mineralization have been intersected in the first two drill holes located 150 meters along strike to the southeast from […]

Savannah Reports Extended Lithium Discovery in Portugal

Savannah Resources (LSE:SAV,SWB:SAV) has released further encouraging results from the ongoing reverse circulation (‘RC’) and diamond drill (‘DD’) programme at the Mina do Barroso lithium project, located in Portugal. A total of 181 holes for 15,345m have now been drilled to date across three primary targets of Grandao, Reservatorio and NOA. Savannah is a diversified […]

Panoramic Reports Savannah Project Restart

Panoramic Resources (ASX:PAN) has announced the Savannah nickel–copper-cobalt project will reopen following the company and Savannah Nickel Mines executing a credit approved term sheet with Macquarie Bank Limited (ASX:MQG) for project finance facilities. Panoramic is a Western Australian mining company formed in 2001 for the purpose of developing the Savannah nickel project in the East […]

Amerigo Reports Q2-2018 Production Results

Amerigo Resources (TSX:ARG) announced today (July 11) production results for Q2-2018 from Minera Valle Central (MVC), the company’s operation located near Rancagua, Chile. According to Amerigo, the company produced 14.7 million pounds of copper at a cash cost of US$ 1.71 per pound. Molybdenum production was 0.4 million pounds. President and CEO of Amerigo, Rob […]