Vancouverbased Klondex Mines bought up by Hecla Mining in 605 million deal

admin zcpmw , , ,

first_imgVANCOUVER – Hecla Mining Co. says it’s buying Vancouver-based gold miner Klondex Mines Ltd. for $605 million with a mix of cash and shares.Idaho-based Hecla will gain control of Klondex’s Fire Creek, Midas, and Hollister underground gold mines in Nevada, while Klondex will spin out its True North mining operations in Manitoba into a new entity for existing shareholders.Hecla says its focus is high-grade underground mines so Klondex’s operations will fit well into the company and add production while minimizing dilution.Klondex produced 189,500 gold equivalent ounces in 2017, short of its guidance of between 210,000 and 225,000 ounces.News of the deal helped send Klondex’s share price up 62.2 per cent to $2.92 in midday trading on the Toronto Stock Exchange, though well off the $7.54 high the stock traded at in September 2016.Along with operations in Alaska, Idaho and Mexico, Hecla also runs the Casa Berardi mine in Quebec where it recently secured a $40 million loan for expansion from Investissement Quebec.last_img

You May Also Like..

Cavmont Capital Holdings Plc 2012 Annual Report

first_imgCavmont Capital Holdings Plc (CCHZ.zm) listed on the Lusaka Securities Exchange under the Investment sector has released it’s 2012 annual report.For more information about Cavmont Capital Holdings Plc (CCHZ.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Cavmont Capital Holdings Plc (CCHZ.zm) company page on AfricanFinancials.Document: Cavmont Capital Holdings Plc (CCHZ.zm)  2012 annual report.Company ProfileCavmont Capital Holdings Zambia Plc is a registered commercial bank in Zambia and the holding company of Cavmont Bank Limited. Cavmont Bank was established in 2004 through the merger of Cavmont Merchant Bank Limited and New Capital Bank Plc. The financial institution offers products and services for retail, commercial and corporate banking; including treasury and credit products. In addition to general transaction accounts, clients of Cavmont Bank are offered solutions for long-term savings and investments, time and repo deposits, foreign exchange trading, personal and business loans, overdraft and salary advance accounts, residential and building loans, invoice discounting facilities, guarantee bonds, and short- and medium-term finance options. Cavmont Bank has 19 branches operating in the major towns and cities of Zambia. Cavmont Capital Holdings Zambia Plc. is listed on the Lusaka Stock Exchangelast_img

Design your own Comic Relief Red Nose

first_img Howard Lake | 2 October 2017 | News WATCH: The history of the red nosesHow well do you remember all the many red nose designs for Red Nose Day?[youtube]https://www.youtube.com/watch?v=gg2CsLtCwNg[/youtube]  422 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis8 AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis8 For the first time Comic Relief is inviting ideas for new designs for their fundraising icon, the Red Nose. School children across the UK are being encouraged to design next year’s Red Nose for Comic Relief’s 2019 Red Nose Day in March.One pupil’s design will be selected as the winner and go on sale in Sainsbury’s and Oxfam shops across the country. Five runners-up will also have their nose designs 3D printed.Magical landThe theme for the character to be designed is ‘magical land’. Designs have to be submitted on the official template and they have to be original, and to appeal to a wide audience “but especially children and young people”.The nose designs must use only red, white, silver or gold as the main Nose colour, although black and white can be used for detail.The closing date for entries to The Red Nose Design Challenge is 8 December 2017 at 5pm. There is a maximum number of seven entries per school. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.center_img Design your own Comic Relief Red Nose Tagged with: Comic Relief Red Nose Day Advertisement  421 total views,  1 views todaylast_img

Entries open for 2020 Insight in Fundraising Awards

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Melanie May | 17 February 2020 | News Tagged with: Awards insight  312 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Entries open for 2020 Insight in Fundraising Awards Entries for the 2020 Insight in Fundraising Awards are now open, with two new categories for this year.This is the ninth year of the annual Insight in Fundraising awards, which are aimed at charities of all sizes and causes. The new categories are Most Powerful Visualisation, which focuses on communicating insight through visualisation, and Most Powerful Use of Insight Impacting the Longer Term, which focuses on the ability of insight to deliver long-term strategic impact. The award categories in full are:Under Technical Expertise: Most Powerful Application of Data Analysis; Most Powerful Insight Using Research; and Most Powerful Visualisation.Under Use of Insight in Fundraising Disciplines: Best Use of Data and Analysis in Digital Fundraising; Most Powerful Use of Insight in High Volume Fundraising; Most Powerful Use of Insight in Partnerships and Philanthropy; and Most Powerful Use of Insight impacting the longer-term.Under Insight at Work: Best Use of Insight in a Small to Medium Sized Charity; Team of the year; Supplier of the Year; and Rising Star. Entry is free with a deadline of 6pm on 3 April, and winners will be announced at the Gala Dinner on 17 June.More information plus links to the nomination form for each category is available on the Insight in Fundraising Awards site.  311 total views,  2 views today Advertisement About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img

Leave a Reply

Your email address will not be published. Required fields are marked *