Santacruz Silver Grants Stock Options and Omnibus Plan Share Units

Santacruz Silver Mining Ltd. announces that the Company has granted deferred share units restricted share units performance share units and stock options to directors, officers, employees and consultants in accordance with the Company’s Omnibus Equity Incentive Plan dated November 17, 2023.

Illegal Blockade in ArcelorMittal Mexico Impacts EBITDA for Q2

The illegal 57-day blockade of part of the ArcelorMittal facilities in Mexico by the Mining Union of Congressman Napoleón Gómez Urrutia impacted an 11.7 percent reduction in steel shipments, a reduction of $185 million in billing and a loss of $100 million in EBITDA, according to ArcelorMittal’s global quarterly report, analyzed by SteelOrbis.

ArcelorMittal Reports Second Quarter 2024 and Half Year 2024 Results

“Our pipeline of attractive strategic growth projects, which combined with recent acquisitions, have the estimated potential to increase EBITDA by $2.0 billion, are starting to come on-line. The Vega CMC is ramping up and the 1GW renewables project in India has now started commissioning, with several other projects due to complete this year.”

Capstone Copper Reports Second Quarter 2024 Results

John MacKenzie, CEO of Capstone, commented, “We had another solid quarter in Q2 as we executed on our operating plans and delivered strong financial results. At our Mantoverde Development Project, we are making excellent progress ramping up to nameplate production levels, which will be transformational to our results moving forward. Yesterday we released an updated feasibility study for our fully-permitted Santo Domingo project, which sits 35km northeast of Mantoverde, and represents the next major phase in our plan to create a world class district in the Atacama region of Chile.”

All News