Workflow
Record quarterly production & operational cash build
Globenewswire· 2026-01-29 22:05
Operations - Alkane Resources produced a record 42,767 ounces of gold and 267 tonnes of antimony in Q2 FY26, resulting in a total of 43,663 gold equivalent ounces, significantly higher than Q1 FY26's 30,511 AuEq ounces [3][6] - The average all-in sustaining cost (AISC) for the quarter was $2,739 per AuEq ounce, down from $2,988 in Q1 FY26, attributed to improved production and higher grades at Tomingley and Costerfield [3][10] - The company processed a total of 683,235 tonnes of ore at an average gold grade of 2.20 g/t, with Tomingley achieving a higher average grade of 2.50 g/t [4][5] Financial Performance - Alkane reported revenue of $256 million for the quarter from gold equivalent sales of 44,084 ounces, an increase from $147 million in Q1 FY26, driven by higher production and gold prices [8][18] - The average realized gold price for the quarter was $5,785 per ounce, compared to $4,896 in Q1 FY26, while the average antimony price was $41,510 per tonne [8][18] - The company ended the quarter with a cash, bullion, and listed investments balance of $246 million, reflecting a $58 million increase from the previous quarter [1][18] Exploration and Development - Significant exploration activities included extension drilling at Storheden, which doubled the depth extent to 464 meters, with notable gold intercepts of 142.0 g/t over 0.60 meters [6][44] - At Tomingley, a new gold-rich domain was discovered, with drilling results including 4.36 g/t gold over 26 meters [6][36] - Exploration expenditure for the quarter was approximately $8 million, with a focus on Costerfield and Björkdal [12] Capital Expenditures - Total capital expenditures during Q2 FY26 amounted to $38 million, with $20 million allocated for sustaining capital and $9 million for growth capital, primarily for the Newell Highway realignment project [11][19] - The company continues to invest in operational improvements and exploration to enhance production capabilities across its mining operations [23][30]
Minerals Technologies Inc. Announces 2025 Fourth Quarter and Full Year Financial Results
Globenewswire· 2026-01-29 22:00
NEW YORK, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI”), a leading, technology-driven specialty minerals company, today reported earnings per share for the fourth quarter ended December 31, 2025, of $1.19, or $1.27 excluding special items. “This past year, MTI demonstrated our strength as a company through the resilience and ingenuity of our teams around the world. We navigated multiple market challenges while remaining focused on our growth projects and strategic initiati ...
Paramount Gold Receives Federal Approval for the Grassy Mountain Gold Project
Globenewswire· 2026-01-29 21:47
Core Viewpoint - Paramount Gold Nevada Corp. has achieved a significant milestone with the signing of the Record of Decision (ROD) for its Grassy Mountain Gold Project, marking the completion of the federal environmental review process under the National Environmental Policy Act (NEPA) [1][2]. Group 1: Project Development - The ROD signifies the culmination of a rigorous environmental review process, incorporating public feedback and supporting responsible development on federal lands [2]. - Grassy Mountain has been included in the FAST-41 Transparency Projects Permitting Dashboard, benefiting from a streamlined review process for federal approval [3]. - The project is now shovel-ready, expected to contribute to the U.S. mining industry and stimulate the local economy in Malheur County, Oregon, by creating high-quality jobs [4]. Group 2: Company Overview - Paramount Gold Nevada Corp. is focused on precious metals exploration and development, aiming to create shareholder value through various strategies, including asset sales and joint ventures [5]. - The company holds a 100% interest in three projects: Grassy Mountain, Sleeper, and Bald Peak, with Grassy Mountain covering approximately 8,200 acres and containing a gold-silver deposit [6]. Group 3: Future Prospects - The positive Feasibility Study results and key permitting milestones for Grassy Mountain indicate a favorable outlook for the project [6].
FTAI Infrastructure Inc. Announces Timing of Fourth Quarter and Full Year 2025 Earnings and Conference Call
Globenewswire· 2026-01-29 21:45
NEW YORK, Jan. 29, 2026 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the fourth quarter and full year 2025 after the closing of Nasdaq on Thursday, February 26, 2026. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.fipinc.com/. In addition, management will host a conference call on Friday, February 27, 2026, at 8:00 A.M ...
Mondelēz International Names Luca Zaramella Executive Vice President, Chief Operating Officer and Chief Financial Officer
Globenewswire· 2026-01-29 21:45
CHICAGO, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Mondelēz International (Nasdaq: MDLZ) today announced the appointment of Luca Zaramella to the role of Chief Operating Officer and Chief Financial Officer. In addition to his CFO responsibilities, as COO, he will have responsibility for the company’s commercial operations in its four geographical regions as well as the corporate sales, marketing and supply chain functions. Zaramella’s appointment will be effective Feb. 1, and he will continue to report directly to ...
Orion Announces Proposed Public Offering of Common Stock
Globenewswire· 2026-01-29 21:43
MANITOWOC, Wis., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced the launch of a firmly underwritten public offering of shares of its common stock. Orion intends to use the net proceeds from the offering for reducing amounts outstanding under its existing credit agreement, with the remainder to be used for working capital and g ...
Nuwellis Announces $5 Million Private Placement and Warrant Inducement Transaction, Priced At-The-Market
Globenewswire· 2026-01-29 21:36
MINNEAPOLIS, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) (“Nuwellis” or the “Company”), a medical technology company focused on advancing precision cardiorenal care in critical care settings, today announced that it has entered into a securities purchase agreement with an institutional and accredited investor (the “Investor”) for the purchase and sale of 994,537 shares (the “Shares”) of the Company’s common stock, $0.0001 par value (the “Common Stock”) or (pre-funded warrants in-lieu the ...
Beeline to Host Stakeholder Update Call on Q4 2025 Financial Results
Globenewswire· 2026-01-29 21:35
PROVIDENCE, R.I., Jan. 29, 2026 (GLOBE NEWSWIRE) -- via IBN – Beeline Holdings, Inc. (NASDAQ: BLNE), the fast-growing digital mortgage platform redefining the path to homeownership, today announced it will host a stakeholder update call on the results of the fourth quarter of 2025 on Monday, March 30, 2026, at 5 p.m. ET. The call will be hosted by Nick Liuzza, Chief Executive Officer, and Chris Moe, Chief Financial Officer, who will review the company's performance and provide updates on ongoing initiatives ...
Nuwellis Enters into Definitive Agreement to Acquire Rendiatech, Advancing Its Cardiorenal Portfolio Strategy
Globenewswire· 2026-01-29 21:35
Transaction positions Nuwellis to expand into real-time kidney function monitoring and strengthen its long-term cardiorenal platform, subject to customary closing conditionsMINNEAPOLIS, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on advancing precision cardiorenal care in critical care settings, today announced that it has entered into a Securities Purchase Agreement to acquire all of the issued and outstanding capital stock of Rendiatech Ltd., an Is ...
Toll Brothers Announces New Austin-Area Luxury Home Community Opening Soon in Kyle, Texas
Globenewswire· 2026-01-29 21:33
Clara Vista at Waterridge will feature exclusive amenities and luxury homes in a prime Hays County locationKYLE, Texas, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest Austin-area community, Clara Vista at Waterridge, is coming soon to Kyle, Texas. This master-planned community will feature elegant single-family homes and exclusive resort-style amenities, offering an exceptional lifestyle. Construction of the model ho ...