Featured News
Primero Extends Revolving Credit Facility to December 22, 2017
TORONTO, ON--(Marketwired - December 15, 2017) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) today announced that the Company has agreed with its lenders to an extension of its revolving credit facility ("RCF") and guarantee provided by Wheaton Precious Metals Corp., previously maturing on December 15, 2017. The maturity of the RCF has been extended to December 22, 2017, providing the Company with the ability to continue negotiations surrounding its previously announced strategic review process and the possible divestiture of its San Dimas mine in Mexico. There can be no certainty that these discussions will result in a resolution acceptable to all stakeholders.
Lithium X Announces AGM Results
VANCOUVER, Dec. 15, 2017 /CNW/ - Lithium X Energy Corp. (TSXV: LIX) ("Lithium X" or the "Company") is pleased to announce the results of its annual general meeting of shareholders held yesterday, December 14, 2017. The Company elected five directors to its board, namely Paul Matysek, Brian Paes-Braga, Harry Pokrandt, Michele Ashby, and David J. Raffa.
Monument Mining Announces Results of Annual General Meeting of Shareholders
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 15, 2017) - Monument Mining Limited (TSX VENTURE:MMY)(FRANKFURT:D7Q1) ("Monument" or the "Company") is pleased to announce the results from its Annual General Meeting held on December 15, 2017 in Vancouver, B.C., which had a turnout in person or by proxy of 30% of its issued and outstanding shares. All of management's nominees for directors being Robert F. Baldock, Cathy Zhai, Zaidi Harun, Graham Dickson, and Michael John Kitney were approved by shareholders. All resolutions were approved as proposed by more than 99% of the shares voted.
Silvercorp Provides Share Repurchase Program Update
Trading Symbol: TSX: SVM
NYSE AMERICAN: SVM
Steel Dynamics Provides Fourth Quarter 2017 Guidance
FORT WAYNE, Ind., Dec. 15, 2017 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided fourth quarter 2017 earnings guidance in the range of $0.48 to $0.52 per diluted share. Estimated fourth quarter 2017 earnings guidance does not include the impact from any proposed change to federal tax legislation in the United States. The guidance range includes the following items:
Quartz Mountain Announces Management Changes, Private Placement and Share Consolidation
VANCOUVER, Dec. 15, 2017 /PRNewswire/ - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTCBB: QZMRF) announces that Robert Dickinson has been appointed Quartz Mountain's Executive Chairman and CEO. Rene Carrier and Leonie Tomlinson ICD.D, have been appointed Directors of the Company. Scott Cousens has resigned as Chairman and Director, Ronald Thiessen has resigned as President, CEO and Director and David Mordant has resigned as Director of the Company. Over the months ahead Quartz Mountain plans to assess mineral exploration projects for potential acquisition.
Teamster Mechanics And Related Employees Ratify Agreement With NetJets
COLUMBUS, Ohio, Dec. 15, 2017 /PRNewswire-USNewswire/ -- NetJets aircraft technicians and related employees ratified a new six-year collective bargaining agreement with the Columbus-based business jet operator. The International Brotherhood of Teamsters, the Teamsters Airline Division and Teamsters Local 284 represent 212 aircraft mechanics, maintenance controllers, stock clerks, aircraft fuelers and aircraft cleaners at the company.
Typhoon Exploration Inc. Closes a $174,000 Private Placement
LAVAL, QUÉBEC--(Marketwired - Dec. 15, 2017) - Typhoon Exploration Inc. (TSX VENTURE:TYP) («Typhoon») announces that it has completed a non-brokered Private Placement by issuing a total of 2,610,000 flow-through common shares at a price of $0.06 per share, 290,058 common shares at a price of $0,06 and 2,900,058 warrants, for total gross proceeds of CAD$174,000. The securities issued in the Private Placement are subject to a four-month-and-one-day hold period expiring on April 16, 2018, pursuant to applicable securities legislation and the rules of TSX Venture Exchange. Typhoon's directors subscribed for 22,99 % of the securities in this placement.
Millrock Closes Non-Brokered Private Placement
VANCOUVER, BC--(Marketwired - December 15, 2017) - Millrock Resources Inc. (TSX VENTURE: MRO) (OTCQX: MLRKF) ("Millrock") reports that the non-brokered private placement announced on November 28, 2017 has closed and a total of 6,970,000 Units (the "Units") at a price of $0.25 per Unit were issued for gross proceeds of $1,742,500.
Azimut announces $1.55 million Flow-Through Private Placement Financing
Symbol: AZM.TSX Venture
Avesoro Resources Inc. - Grant of Stock Options to Directors and Employees
TSX: ASO
AIM: ASO
First Tranche of Private Placement of up to $5,000,000
Forward Looking Statements
China Natural Resources Releases Interim Results Of Operations
HONG KONG, Dec. 15, 2017 /PRNewswire/ -- CHINA NATURAL RESOURCES, INC. (NASDAQ: CHNR), a company based in the People's Republic of China, today released unaudited interim financial information for the three and six months ended June 30, 2017 as follows:
AuctionTime.com Sells Over $21 Million In Equipment This Week In Online Auctions
LINCOLN, Neb., Dec. 15, 2017 /PRNewswire/ -- Buyers and sellers around the world transacted over $21 million (GAP) in construction, agriculture, and commercial trucking assets this week through AuctionTime.com, an online auction platform focused within these industries. The two-day sale, which included over 2,200 assets that received bids from 5,947 bidders from 32 countries and 48 U.S. states, continues what is shaping up to be a record month for AuctionTime.
Olympus' Phoenix Rises to Metal Podium
STAMFORD, Conn., Dec. 15, 2017 /PRNewswire/ -- Stamford, CT based private equity firm Olympus Partners is pleased to announce that the firm has entered into a definitive agreement to sell Phoenix Services to funds managed by affiliates of Apollo Global Management, LLC ("Apollo"). Phoenix Services is a premier provider of outsourced slag handling, metal reclamation, and other complementary services to leading steel mill customers around the world. Olympus acquired a controlling stake of Phoenix in 2009 and has remained partners with the Company's original financial sponsor Atlas Holdings since the transaction. Under Olympus and Atlas' ownership period, Phoenix transformed from a start-up to the number three player in the global marketplace serving world class customers such as ArcelorMittal, Nucor Steel, and US Steel, among others.
Air Products to Supply Industrial Gases to Shanxi Jincheng Anthracite Coal Mining's Coal-to-Clean-Fuels Project in China
LEHIGH VALLEY, Pa., Dec. 15, 2017 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced it has signed an agreement with a subsidiary of Shanxi Jincheng Anthracite Coal Mining Group, China's leading coal mining conglomerate, for the supply of industrial gases to Phase One of Shanxi Jinmei Huayu Coal Chemical Co Ltd.'s (Jinmei Huayu's) coal-to-clean-fuels project in Jincheng City, Shanxi Province.
CNH Industrial announces senior appointment
LONDON, Dec. 15, 2017 /PRNewswire/ -- CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced the appointment of Leandro Lecheta as Chief Operating Officer (COO) for the NAFTA region. Effective immediately, Mr. Lecheta assumes the responsibilities for NAFTA, which were retained by CNH Industrial Chief Executive Officer Richard Tobin on an ad interim basis following the retirement of former NAFTA COO Brad Crews in October 2017.
Highland Copper Provides Corporate Update
LONGUEUIL, QUEBEC--(Marketwired - Dec. 15, 2017) - Highland Copper Company Inc. (TSX VENTURE:HI) (the "Company") is pleased to provide the following corporate update on various matters.
H2Lab, an expert in environmental solutions and analyses, can increase its productivity and continue to grow
Government of Canada to provide over $100,000 in funding for innovative Abitibi-Témiscamingue business
Cartier Resources Inc. Grants Stock Options
VAL-D'OR, QUEBEC--(Marketwired - Dec. 15, 2017) - Cartier Resources Inc. (TSX VENTURE:ECR) (the "Company") announces that the Board of Directors granted, on December 14th, a total of 1,200,000 stock options to directors, officers, and one employee of the Company. Pursuant to the terms of the Company's stock option plan, each option grants the holder of such option the right to purchase a common share of the Company at a price of $0.19 per share no later than December 13th, 2022.
BWR Exploration Inc. Announces Upsizing of Non Flow-Through Unit Offering
TORONTO, ONTARIO--(Marketwired - Dec. 15, 2017) - BWR Exploration Inc. (TSX VENTURE:BWR) ("BWR" or the "Company") is pleased to announce that due to increased investor demand, the Company is increasing the previously announced November 29, 2017 offering (the "Offerings"). The non flow-through unit component of the Offering from total gross proceeds of up to Cdn $350,000 to total gross proceeds of up to Cdn $840,000. The non flow-through portion of the Offering will now consist of up to 12 million non flow-through units ("Units") of the Company at a price of Cdn $0.07 per Unit.
Exlterra announces launch of Hazl drill rig technology
HAZEL PARK, Mich., Dec. 15, 2017 /PRNewswire-USNewswire/ -- Exlterra, a leader in developing new technologies and products to tackle environmental challenges, today launched Hazl, a revolutionary ultra-light drilling rig.
Kinder Morgan Canada Limited Closes $250 Million Preferred Share Offering
CALGARY, Dec. 15, 2017 /CNW/ - Kinder Morgan Canada Limited (the "Company") (TSX: KML) is pleased to announce that it has completed its previously announced offering of cumulative redeemable minimum rate reset preferred shares, Series 3 (the "Series 3 Preferred Shares") for aggregate gross proceeds of $250 million. The Company issued 10,000,000 Series 3 Preferred Shares, including 2,000,000 Series 3 shares issued as a result of the full exercise of the underwriter's option, through a syndicate of underwriters led by CIBC Capital Markets, Scotiabank, RBC Capital Markets and TD Securities.
Vivid's MSHA Training Online Now Available in Spanish
PASCO, Wash., Dec. 15, 2017 /PRNewswire/ -- Vivid Learning Systems is the first online training company to offer Mine Safety & Health Administration (MSHA) courses for Part 46 & Part 48 new miner & refresher to Spanish speakers. Now, miners in the mine industry's fast growing Spanish-speaking demographic can complete MSHA training online in their native language.
VanZandt Controls, LLC Acquires Machining Assets from Flatland Forge, Inc
ODESSA, Texas, Dec. 15, 2017 /PRNewswire/ -- VanZandt Controls, LLC ("VanZandt" or the "Company"), an OFS Energy Fund ("OFS") portfolio company, has acquired the machining assets of Flatland Forge, Inc. ("Flatland"). The acquisition represents a vertical integration of VanZandt's supply chain, allowing VanZandt to internally machine key components utilized in the packaging of automated valves. With its new machining capabilities, VanZandt will have greater control of the quality and delivery time of its products to better support its customers.
Kennametal Names Joseph Alvarado to Board of Directors
PITTSBURGH, Dec. 15, 2017 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today the election of Joseph Alvarado to its board of directors, effective January 1, 2018.
Global Terbium Market Forecasts to 2023 - Increasing Investment in Civil Infrastructure Boosting Demand
DUBLIN, Dec. 15, 2017 /PRNewswire/ --
Pre-Market Technical Scan on Metal Fabrication Equities -- Carpenter Technology, Tenaris, Allegheny Technologies, and Constellium
NEW YORK, Dec. 15, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on CRS, TS, ATI, and CSTM which is a click away at www.wallstequities.com/registration. On Thursday, December 14, 2017, US markets saw broad based losses with all sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 6,856.53, down 0.28%; the Dow Jones Industrial Average edged 0.31% lower, to finish at 24,508.66; and the S&P 500 closed at 2,652.01, down 0.41%. This Friday morning, WallStEquities.com looks at the performance of these four Metal Fabrication stocks: Carpenter Technology Corp. (NYSE: CRS), Tenaris S.A. (NYSE: TS), Allegheny Technologies Inc. (NYSE: ATI), and Constellium N.V (NYSE: CSTM). Get your free stock reports on these stocks by registering now on Wall St. Equities at: www.wallstequities.com/registration
Dynacor Produces 7,253 oz of Gold in November 2017
MONTREAL, QUEBEC--(Marketwired - Dec. 15, 2017) -
Ritchie Bros. sells US$50+ million of equipment in final Fort Worth, TX auction of 2017
This week's two-day auction set a new December sales record for the Fort Worth site
Free Research Reports on These Credit Services Stocks -- Blackhawk Network, Total System Services, Yirendai, and Equifax
NEW YORK, Dec. 15, 2017 /PRNewswire/ --In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on HAWK, TSS, YRD, and EFX which is a click away at www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com presents the following stocks: Blackhawk Network Holdings Inc. (NASDAQ: HAWK), Total System Services Inc. (NYSE: TSS), Yirendai Ltd (NYSE: YRD), and Equifax Inc. (NYSE: EFX). Credit Services companies originate, acquire, and service loans to individuals and corporations. Free Downloads on Wall St. Equities today, sign up now and access these stocks' research reports at:
Global Mining Drills Market 2017-2021 - One Driver in the Market is Expected Increase in Demand for Precious Metals
DUBLIN, Dec. 15, 2017 /PRNewswire/ --
Capstone Mining Completes Sale of Kutcho Project for C$28.8 Million in Cash
VANCOUVER, Dec. 15, 2017 /PRNewswire/ - Capstone Mining Corp. ("Capstone") (TSX: CS) has completed the sale of its Kutcho development project to Kutcho Copper Corp. ("Kutcho Copper") (formerly Desert Star Resources Ltd.). Under the terms of the agreement, Capstone received C$28.8 million in cash and 4,646,892 common shares of the newly named Kutcho Copper (the "SPA Shares") (collectively, the "Kutcho Transaction").
Majority of Torex Workers at ELG Mine Vote to Return to Work
TORONTO, ONTARIO--(Marketwired - Dec. 15, 2017) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX:TXG) is encouraged to report that a majority of its employees have voted to return to work immediately. The Company organized an off-site vote yesterday for its 520 employees that are eligible to join a union. The purpose of the vote was to give union eligible employees an opportunity to speak for themselves in a safe and independent environment.
ArcelorMittal extends conversion date for $1bn mandatory convertible bond

15 December 2017 - ArcelorMittal announces the extension of the conversion date for the $1bn privately placed mandatory convertible bond (MCB) issued on 28 December 2009 by one of its wholly-owned Luxembourg subsidiaries. This amendment to the MCB, which is mandatorily convertible into preferred shares of such subsidiary, was executed on 14 December 2017. The mandatory conversion date of the bond has been extended to 29 January 2021. The other main features of the MCB remain unchanged. The bond was placed privately with Credit Agricole Corporate and Investment Bank and is not listed.

The subsidiary has simultaneously executed amendments providing for the extension of the outstanding notes into which it invested the proceeds of the bond issuance, which are linked to shares of the listed companies Eregli Demir Va Celik Fab. T. AS of Turkey and China Oriental Group Company Limited, both of which are held by ArcelorMittal subsidiaries.

Ardiden Ltd (ASX:ADV) Thick Lithium Intercepts from Maiden Drilling at South Aubry Confirm Potential to Expand Seymour Lake Project
Ardiden Limited (ASX:ADV) is pleased to advise that recently completed preliminary diamond drilling program has confirmed the presence of high-grade spodumene mineralisation at or close to surface at the South Aubry prospect, part of its 100%-owned Seymour Lake Lithium Project in Ontario, Canada.
Routemaster Invests in Blockchain and Cryptocurrency Company That Uses Environmentally Friendly Solar Power
TORONTO, ONTARIO--(Marketwired - Dec. 14, 2017) - Routemaster Capital Inc. (TSX VENTURE:RM) ("Routemaster" or the "Company") has entered into a letter of intent to invest USD$1.35 million to acquire a 49% interest in Pinedale Springs LLC ("Pinedale") in Cary, North Carolina (the "Transaction").
Corsa Coal Announces 2018 Operational and Sales Guidance
CANONSBURG, PA, Dec. 14, 2017 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company"), a premium quality metallurgical coal producer, today announced its guidance for 2018.
Clean Commodities Corp. Closes $1,500,000 Financing
VANCOUVER, Dec. 14, 2017 /CNW/ - Clean Commodities Corp. (TSX VENTURE:CLE) (FRANKFURT:A2ALYM) ("Clean Commodities" or the "Corporation") is pleased to report that is has closed the second and final tranche of its previously announced private placement (see news releases dated December 5, 2017 and November 30, 2017) (the "Financing") through the issuance of 2,130,000 units for incremental gross proceeds of $159,750.00 (the "Second Tranche").
Emmerson Resources Limited (ASX:ERM) Exploration Update Presentation
Emmerson Resources Limited (ERM) (ASX:ERM) provides the opportunity to view a video interview by ProactiveInvestors Stocktube with Rob Bills, Managing Director.
Albemarle enters into definitive agreement to sell portion of Performance Catalysts Solutions to W. R. Grace & Co.
CHARLOTTE, N.C., Dec. 14, 2017 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has signed a definitive agreement to sell its polyolefin catalysts and components business to W. R. Grace & Co. (NYSE: GRA) in a cash transaction valued at approximately $416 million. The organometallics and curatives portions of the Performance Catalysts Solutions business will remain with Albemarle. As part of the transaction, Grace will assume the lease and operations at the Product Development Center in Baton Rouge, La., and operations at the Yeosu, South Korea site.
RNC Minerals Restructures Senior Secured Gold Loan with Auramet International LLC; Completes $8 Million Financing, Funds to support Nickel Ramp-up at Beta Hunt
TORONTO, Dec. 14, 2017 /CNW/ - RNC Minerals (TSX: RNX) ("RNC") is pleased to announce that it has restructured its financing package with Auramet International LLC ("Auramet") to fund the repayment of all obligations under the Senior Secured Gold Loan entered into in October 2016 and provide financial flexibility to support completion of the ramp-up and development of the Beta Hunt Mine, including the planned doubling of nickel production in 2018. RNC has also raised an additional $4.5 million in capital from Pala Investments Limited ("Pala") and other key stakeholders, further strengthening its balance sheet.
Jasper Announces Voting Results from Election of Directors
Trading Symbol: TSX-V: JSP
Osisko Commences Drill Program at Osborne-Bell
TORONTO, ONTARIO--(Marketwired - Dec. 14, 2017) - Osisko Mining Inc. (TSX:OSK) ("Osisko" or the "Corporation") is pleased to announce it has commenced drilling with two drill rigs on its 100% owned Osborne-Bell gold deposit located in the Abitibi greenstone belt, Quévillon Township, Eeyou Istchee James Bay Region, Québec. Located 17 kilometres northwest of the town of Lebel-sur-Quévillon and 112 kilometres west of the Windfall Lake gold deposit, Osborne-Bell is part of Osisko's Quévillon Project, which consists of a 2160 square kilometer land package hosting approximately thirty known gold showings. A map showing the location of the deposit and project is posted on our website at www.osiskomining.com.
Explor Increases Ogden Property
ROUYN-NORANDA, CANADA--(Marketwired - Dec. 14, 2017) - Explor Resources Inc. ("Explor" or "the Corporation") (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce the acquisition of two (2) mining claims (3 units) situated in the Ogden Township, in the Porcupine Mining Division, District of Cochrane, Province of Ontario for a total of 48.56 hectares. These claims are located in Ogden Township contiguous and to the east of the Timmins Porcupine West Gold Property. Highway 101 West is north of the property and provided excellent access to the city of Timmins. The claims were acquired because of encouraging results obtained in Explor's past exploration on this property.