Infinito Gold Ltd. announce that it has signed an engagement letter under which it has given BNP Paribas an exclusive mandate to act as lead arranger of a $US 66 million debt financing facility to complete the construction and start-up of Infinito Gold’s 100% owned Crucitas Gold Mine Project located in north central Costa Rica. [...]
KPMG Corporate Finance LLC, a full service, independent, middle-market investment bank, today announced that it was the exclusive advisor for the privately-owned Concept Mining and The Ridge Land Group on the sale of its metallurgical coal business in West Virginia to ArcelorMittal, the world’s largest integrated metals and mining company. The transaction adds in excess [...]
Natural gas company Atlas Pipeline Partners LP has recently told the press that it posted a dramatically wider loss in the second quarter, after it terminated about 85 percent of its crude oil derivative contracts that it used as hedges.
Atlas Pipeline said Thursday that it recognized a loss after paying preferred dividends of $279.3 million, [...]
Shares of Consol Energy Inc has recently been reported falling sharply Thursday after the coal mine operator said its second-quarter profit dipped 34 percent as productivity problems pushed up costs.
Pittsburgh-based Consol said it earned $101 million, or 54 cents per share, in the quarter. Consol earned $153.1 million, or 83 cents per share, in the [...]
Contract driller Helmerich & Payne told the press that its third-quarter profit rose 9 percent, powered by growth in its U.S. land rig operations. Helmerich & Payne said it made $125.4 million, or $1.18 per share, for the quarter ended June 30, compared with $115.2 million, or $1.09 per share, a year ago. Revenue rose [...]
Natural gas producer CNX Gas Corp. has just published a report saying that profit soared 55 percent in the second quarter on record production, but results came in below Wall Street estimates.
CNX, which extracts methane gas from coal beds in the Appalachian Basin, said it made $64.3 million, or 42 cents per share, for the [...]
Ensco International Inc. is reported to have posted a report saying that a 17 percent jump in second-quarter profit and a surge in revenue, beating Wall Street expectations. For the period ended June 30, the contract driller posted profit of $296.7 million, or $2.07 per share, compared with profit of $254.4 million, or $1.72 per [...]
Schlumberger Ltd announced that its shares jumped Friday after the oilfield services provider said its second-quarter profit rose 13 percent and issued a bullish outlook. Analysts praised the results. The stock rose $4.72, or 4.9 percent, to $101.50 in late-morning trading.
The Houston-based company said high oil and natural gas prices led to heavier spending [...]
It is reported that as the trend continues its efforts to strengthen its operations and management team in such a hard way, freight railroad operator CSX Corp. said Tuesday its second-quarter earnings rose 19 percent on strong demand for coal, grain and metals. Besides, the company emphasizes its Full-year earnings prediction with a target of [...]
Investors on Friday rewarded Joy Global Inc., which makes mining equipment, for a fiscal second-quarter profit that easily topped Wall Street expectations. The stock peaked at a new year high.
Net income for the three months ended May 2 fell to $72.1 million, or 66 cents per share, from $77.6 million, or 70 cents per share, [...]
