Tag: copper

Alpha and Omega Semiconductor Expands Its New PairFET™ Family

SUNNYVALE, Calif., Sept. 14, 2016 (GLOBE NEWSWIRE) — Alpha and Omega Semiconductor Limited (AOS) (Nasdaq:AOSL), a designer, developer and global supplier of a broad range of power semiconductors and power ICs, today introduced two new products based on its high efficiency XS-PairFET package and latest low voltage technology. The AOE6932 and AOE6936 are the newest extensions to the flagship device, AOE6930, that was released in 2015. Both products are newly optimized for enhanced driving and switching performance. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/fc764aae-e177-4224-9941-f1590dc6ca40 AOE6932 improves gate driving performance and reduces power loss at relatively low output current.

Mandalay Resources Corporation Reports Fatality at Cerro Bayo Operations

TORONTO, Sept. 11, 2016 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX:MND) regretfully announces the fatality of a contractor in an incident that occurred yesterday at its Cerro Bayo operation in Aysen, Chile. The incident occurred underground and was reported to the Chilean authorities; an investigation into the incident has been initiated. Mining operations at Cerro Bayo are temporarily suspended and the Company is now working closely with the contractor, authorities, and our employees to respond effectively. Dr. Mark Sander, President and Chief Executive Officer of Mandalay, commented: “We deeply regret this incident and are working closely

MX Gold Corp. – Ministry of Environment Approves Discharge of 1025 Portal Water at Willa Gold/Copper/Silver Deposit

VANCOUVER, British Columbia, Sept. 08, 2016 (GLOBE NEWSWIRE) — MX Gold Corp. (TSX-V:MXL) (Frankfurt:ODV) (OTCQX:MXLGF) (the “Company” or “MX Gold”) is pleased to announce an update on permitting at the Willa Deposit near Silverton, B.C. Short Term Water Discharge Approved, Ministry of Environment August 31, 2016 The Ministry of Environment has determined that Willa Portal Water “…discharge will have negligible effects on the downstream environment.” The approval is to allow water currently discharging from the 1025 Portal onto the surface to be routed directly to Aylwin Creek, enabling the company to prepare for geotechnical test work in the proposed settling

McEwen Mining Appoints New Chief Operating Officer

TORONTO, Sept. 08, 2016 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce the appointment of Xavier Ochoa as Chief Operating Officer (“COO”), effective immediately and the departure of the Company’s current COO, William Faust effective September 30, 2016.  Mr. Ochoa is a seasoned executive, bringing more than 25 years of operational experience to the McEwen team and will be instrumental in the continued growth and development of our projects. Rob McEwen, CEO and Chairman of McEwen Mining stated: “We would like to welcome Xavier to the team; he has an outstanding track record delivering growth and

Aben Commences Exploration Activity at Forrest Kerr Gold Project in B.C.’s Golden Triangle

VANCOUVER, British Columbia, Sept. 07, 2016 (GLOBE NEWSWIRE) — Aben Resources Ltd. (TSX-V:ABN) (OTCBB:ABNAF) (Frankfurt:E2L2) (“Aben” or the “Company”) is pleased to announce the commencement of exploration activity on Aben’s 100% owned 23,000 hectare Forrest Kerr Property located within B.C.’s Golden Triangle region (see ABN news release July 18th). The Golden Triangle is host to significant mineral deposits including Galore Creek, Copper Canyon, Schaft Creek, Valley of the Kings, Snowfield, KSM, Snip, Granduc, Red-Chris and numerous others. 2016 fieldwork is intended to provide reconnaissance-scale geological exploration throughout the project area (which spans approximately 40km north/south), with particular emphasis on the

MGX Minerals Reports Maiden N.I. 43-101 Resource Estimate for Driftwood Creek Magnesium Project: 8 Million Tonnes Grading 43% Magnesium Oxide

VANCOUVER, British Columbia, Sept. 06, 2016 (GLOBE NEWSWIRE) — MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) is pleased to announce a maiden National Instrument (N.I.) 43-101 compliant mineral resource estimate for its Driftwood Creek magnesium project (“Driftwood Creek”). Highlights Measured plus Indicated (M+I) mineral resource totaling 8.028 million tonnes grading 43.31% magnesium oxide (MgO) Inferred mineral resource totaling 846,000 tonnes grading 43.20% MgO Bulk of resource is located less than 100 meters from surface Opportunities to expand mineral resource along strike and at depth with additional drilling The resource estimate was prepared by Mr. Allan Reeves. Mr. Reeves is

Amerigo’s MVC Receives Chile’s National Mining Award

VANCOUVER, British Columbia, Aug. 31, 2016 (GLOBE NEWSWIRE) — Amerigo Resources Ltd. (TSX:ARG) (“Amerigo” or the “Company”) is pleased to announce that Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua Chile, has been awarded the prestigious Premio Nacional de Minería 2016 (2016 National Mining Award) by Chile’s SONAMI (National Mining Society), in the category of Mid-Size Producers. The award is for introducing an innovative business model for the use of mine tailings and for the recent investment which will provide continuity to the operation. The award was presented to MVC at the annual Mining Gala in

Superconductor Technologies Inc. to Participate at Upcoming Industry Events

– Presenting at the Applied Superconductivity Conference, Sept. 4th to 9th –– Participating at 2016 IEEE Coated Conductors for Applications, Sept. 11th to 14th – AUSTIN, Texas, Aug. 31, 2016 (GLOBE NEWSWIRE) — Superconductor Technologies Inc. (STI) (Nasdaq:SCON) will participate at two industry conferences in September. At the Applied Superconductivity Conference (ASC) STI’s technical lead, Dr. Jeong Huh, will deliver a presentation titled “2G HTS Coated Conductors 1 km Scale-Up at STI” on September 5th at 3:15 p.m. MT. ASC will be held Sept. 4-9 in Denver.   At the 2016 IEEE Coated Conductors for Applications (CCA) Ken Pfeiffer, STI’s

Phibro Animal Health Corporation Reports Fourth Quarter and Fiscal Year

TEANECK, N.J., Aug. 29, 2016 (GLOBE NEWSWIRE) — Phibro Animal Health Corporation (NASDAQ:PAHC) today announced its financial results for its fourth quarter and fiscal year ended June 30, 2016. It also provided guidance for its fiscal year ending June 30, 2017. Highlights for the June 2016 quarter (compared to the June 2015 quarter) Net sales of $189 million, an increase of 2% Net income of $15 million, an increase of 46% Diluted EPS of $0.38, an increase of 46% Adjusted EBITDA of $28 million, an increase of 4% Adjusted diluted EPS of $0.40, a decrease of 9% Highlights for the

Panoro Minerals Announces Closing of $6.6 million Private Placement Financing

VANCOUVER, British Columbia, Aug. 29, 2016 (GLOBE NEWSWIRE) — Panoro Minerals Ltd. (TSX-V:PML) (Lima:PML) (Frankfurt:PZM) (“Panoro” or the “Company”) is pleased to announce the closing of the non-brokered private placement of 36,717,817 units at $0.18 per unit for gross proceeds of $6,609,207.  Each unit is comprised of one common share and one-half share purchase warrant.  Each whole share purchase warrant is exercisable at a price of $0.27 per common share for a period of 24 months from the closing date of the financing. The financing includes filling of the overallotment limit as per the terms announced on August 8, 2016.

AMSC and Nexans Expand Relationship to Jointly Develop and Deliver Resilient Electric Grid Projects in the U.S. and Canada

DEVENS, Mass., Aug. 29, 2016 (GLOBE NEWSWIRE) — AMSC (NASDAQ:AMSC), a global energy solutions provider serving wind and power grid industry leaders, and Nexans, a worldwide expert in the cable industry, today announced a partnership to market and sell AMSC’s Resilient Electric Grid (REG) system, as well as other high performance superconductor power cables, in the U.S. and Canada. As part of this partnership, AMSC and Nexans will collaborate to jointly develop and deliver these projects with existing and potential electric utility customers in the U.S. and Canada. “We are pleased to be expanding our relationship with Nexans. Nexans is

Mines Management Inc. : NYSE MKT Extends Mines Management's Compliance Plan

Spokane, Washington, Aug. 24, 2016 (GLOBE NEWSWIRE) — MINES MANAGEMENT’S COMPLIANCE PLAN EXTENDED BY NYSE MKT  PRESS RELEASE 16-10 Spokane, Washington, Aug. 24, 2016 (GLOBE NEWSWIRE) — MINES MANAGEMENT, INC. (NYSE-MARKET: “MGN”, TSX: “MGT”)(also the “Company”) has received notification from the NYSE MKT (the “Exchange”) stating that, in accordance with Section 1009 of the Company Guide, the Company has made a reasonable demonstration of its ability to regain compliance with Section 1003(a)(iv) of the NYSE MKT Company Guide (the “Company Guide”) by the end of the revised plan period, which the Exchange has extended to be September 30, 2016. As

MX Gold Corp. Receives $640,925 on Exercise of Warrants and Stock Options and Plans Strategic Private Placement

VANCOUVER, British Columbia, Aug. 23, 2016 (GLOBE NEWSWIRE) — MX Gold Corp. (TSX-V:MXL) (FSE:ODV) (OTCQX:MXLGF) (the “Company” or “MX Gold”) announced that between August 15th and 22nd, it received a total of $640,925 upon the exercise of outstanding warrants and stock options.  A total of five persons exercised 1,803,083 warrants at $0.30 for proceeds of $540,925 and two persons exercised 600,000 stock options at the exercise price of $0.15 and $0.25 for proceeds of $100,000. The funds will be used to advance the WillaMax project. “The company is pleased that we are receiving more capital into our treasury. We are

MX Gold Corp. CEO Acquires Additional Stake in Company

VANCOUVER, British Columbia, Aug. 16, 2016 (GLOBE NEWSWIRE) — MX Gold Corp. (TSX-V:MXL) (FSE:ODV) (OTCQX:MXLGF) (the “Company” or “MX Gold”) announces that on August 12, 2016 and August 15, 2016, Trappers Transport Ltd., a company owned and controlled by director and CEO Dan Omeniuk, acquired an aggregate of 255,000 additional common shares of the Company on the market. Following the August 12, 2016 and August 15, 2016 purchases, Dan Omeniuk and his affiliated companies held an aggregate of: 13,886,226 common shares; and 13,011,560 warrants to purchase an additional 13,011,560 common shares. These securities were acquired for investment purposes only.  Depending

Seabridge Begins First Drill Campaign at Iskut High Grade Gold Project

TORONTO, Aug. 15, 2016 (GLOBE NEWSWIRE) — Seabridge Gold (TSX:SEA) (NYSE:SA) announced today that drilling has begun at its 100%-owned Iskut Project in northwestern British Columbia. The program calls for 3,000 meters of core drilling designed to help determine controls on gold mineralization for several known occurrences including past high grade producers. Results from this year’s drilling will be used to design a much larger program for next year. This year’s initial drill program is based in part on considerable historical data compiled by previous owners and now being re-interpreted by Seabridge’s exploration team. This information is being augmented by

MX Gold Corp. Closes Oversubscribed Private Placement

VANCOUVER, British Columbia, Aug. 12, 2016 (GLOBE NEWSWIRE) — MX Gold Corp. (TSX-V:MXL) (FSE:ODV) (OTCQX:MXLGF) (the “Company” or “MX Gold”) is pleased to announce that, further to its news releases dated August 5th and August 9th, it closed a private placement and raised gross proceeds of $1,300,000 on August 12, 2016.  On the closing date, MX Gold issued 5,200,000 units, each unit consisting of one common share and one share purchase warrant, which entitles the holder to purchase one additional common share at a price of $0.75 for a period of three years. In connection with the closing of the

Mandalay Resources Corporation Announces Second Quarter 2016 Financial Results and Quarterly Dividend

TORONTO, Aug. 11, 2016 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX:MND) today announced revenue of $54.2 million, adjusted EBITDA of $22.1 million and consolidated net income before special items of $5.2 million, or $0.01 per share, for the second quarter of 2016. The Company’s unaudited consolidated interim financial results for the three months ended June 30, 2016, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except

Seabridge Gold Files Second Quarter Report to Shareholders and its Financial Statements and MD&A

TORONTO, Aug. 11, 2016 (GLOBE NEWSWIRE) — Seabridge Gold reported today that it has filed its Report to Shareholders, Financial Statements and Management’s Discussion and Analysis for the three months ended June 30, 2016 on SEDAR (www.sedar.com). Recent Highlights Seabridge acquires 100% interest in Iskut gold project with completion of the purchase of SnipGold Corp. 10,000 meter drill program underway at KSM designed to expand Deep Kerr deposit Independent experts confirm KSM’s tailings management design as best available technology Initiated environmental program at Iskut with the support of the Tahltan Central Government Balance sheet significantly strengthened with closing of two

Superconductor Technologies Reports 2016 Second Quarter Results

AUSTIN, Texas, Aug. 11, 2016 (GLOBE NEWSWIRE) — Superconductor Technologies Inc. (STI) (Nasdaq:SCON) reported financial results for the quarter ended July 2, 2016. “In the second quarter, we made significant progress in our efforts to improve our Conductus wire’s mechanical strength,” stated Jeff Quiram, STI’s president and chief executive officer. “After enhancing our HTS wire template process, we achieved target mechanical properties in testing. Our plan is to implement these architecture enhancements on our existing production equipment by utilizing our design that prioritizes the ability to scale quickly and economically. Our current efforts are focused on reestablishing our standard critical

MX Gold Corp. – Development Work on 10,000 Tonne Bulk Sample Proceeding as Scheduled and on Budget

VANCOUVER, British Columbia, Aug. 10, 2016 (GLOBE NEWSWIRE) — MX Gold Corp. (TSX-V:MXL) (FSE:ODV) (OTCQX:MXLGF) (the “Company” or “MX Gold”) is pleased to announce the work programs at the Max Mill Site are proceeding and on budget for the production of the 10,000 tonne bulk by the end of 2016. At the Max Mill site the company has submitted a Notice to Work application to the Ministry of Energy, Mines and Natural Resources regarding the upgrading of the Max Mill at Trout Lake, British Columbia. The company plans to commence work August 20, 2016 at the Max Mill under the