Press Releases
Steel Dynamics, Inc. today provided second quarter 2024 earnings guidance in the range of $2.64 to $2.68 per diluted share. Comparatively, the company’s sequential first quarter 2024 earnings were $3.67 per diluted share, and prior year second quarter earnings were $4.81 per diluted share. Second quarter 2024 profitability from the company’s steel operations are expected to be meaningfully lower than sequential first quarter results, based on lower realized pricing offse
Read more...Royal Gold, Inc. announced today that management will present in the live Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. Alistair Baker, Senior Vice President, Investor Relations and Business Development, will present on Thursday, June 27 at 2:00 p.m. EDT (12:00 p.m. MDT / 11:00 a.m. PDT), and access to a replay of the event will be available on our website beginning the week of July 1 or may be accessed on the Renmark Financial Communications Inc. website at
Read more...Taseko Mines Limited announced today that a tentative agreement has been reached with the unionized workforce at its Gibraltar Mine. The agreement is subject to ratification by union members and voting is expected to occur on Monday and Tuesday this week. If the agreement is ratified, the Company expects to resume operations on Wednesday. Caution Regarding Forward-Looking Information This document contains "forward-looking statements" that were base
Read more...15 June 2024
Tenaris is commemorating 20 years in Romania, with milestones that include investments, exports and community support initiatives. With more than 1,900 employees, Tenaris’s manufacturing footprint consists of the pipe mill in Zalau the steel mill in Calarasi and the sucker rod mill in Campina, plus service centers in Ploiesti and Cluj Napoca scrap collection centers in Popesti Leordeni, Brasov and Iernut and the commercial offices in Bucharest. On this solid foundation, the fu
Read more...Nucor Corporation today announced guidance for its second quarter ending June 29, 2024. Nucor expects second quarter earnings to be in the range of $2.20 to $2.30 per diluted share. Nucor reported net earnings of $3.46 per diluted share in the first quarter of 2024 and $5.81 per diluted share in the second quarter of 2023. The largest driver for the expected decrease in earnings in the second quarter of 2024 as compared to the first quarter of 2024 is the decreased earnings of the s
Read more...14 June 2024
Tata Steel and Australia’s Monash University have signed a Memorandum of Understanding to set up a Centre for Innovation on Environment and Intelligent Manufacturing to collaborate on contemporary global challenges such as decarbonisation, resource recovery from sustainable sources, and technologies for advanced, additive, and data-driven manufacturing. The MoU is a milestone that marks the beginning of the first major research and development collaboration of Tata Steel with an Austral
Read more...Trigon Metals Inc. is pleased to announce highlights of its May 2024 underground production at Kombat and provides production guidance for the remainder of its 2025 financial year May 2024 Production Update At the Kombat mine, May 2024 was marked by several record-breaking underground mining days, leading to a production average of 12.1 tonnes of copper per day. Underground ore mined for the month totalled 19,664 tonnes at an average grade of 2.16%, leadin
Read more...U.S. Gold Corp. today announced that its wholly owned subsidiary, Gold King Corp., has been issued its Wyoming Pollutant Discharge Elimination System Permit, dated May 31, 2024 from the Director of the Wyoming Department of Environmental Quality satisfying one of the conditions associated with the recently granted Surface Gold Mine Permit for the CK Gold Project. In commenting on the approval, George Bee, President, CEO and Director of U.S. Gold said, "Issuance of the Water Dis
Read more...Olympic Steel Inc. a leading national metals service center, today recognized two significant milestones in the Company’s history the 50th anniversary of Executive Chairman, Michael D. Siegal, and the Company’s 70th year in business. Olympic Steel began in 1954 as a steel distribution partnership between two brothers, Sam Sigel and Sol Siegal. The business, an initial joint investment of $17,000, was run from a rented warehouse in Cleveland, Ohio. In 1974
Read more...13 June 2024
British Steel is looking forward to exhibiting once again at Rail Live, the UK’s largest and only immersive rail exhibition. Held over 19 and 20 June at Porterbrook's Long Marston Rail Innovation Centre in Warwickshire, the event will welcome 6,000 plus rail professionals to explore the latest innovations in the sector. The Rail team will be welcoming visitors on Stand S19, showcasing our premium rail products and services as well as discussing how we are helping
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