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Norsk Hydro: Results Up on Higher Aluminium Prices

Hydro’s underlying earnings before financial items and tax increased to NOK 2,930 million in the second quarter from NOK 2,284 million in the first quarter, mainly driven by higher aluminium prices and favourable currency developments.

Lower realized alumina prices and increased raw material costs had a negative impact on results.

President & CEO, Svein Richard Brandtzæg said:
“Higher aluminium prices in the quarter are lifting results, and

Alcoa Corporation Reports Second Quarter 2017 Results

Alcoa Corporation (NYSE: AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results. On a sequential basis, the Company increased revenue on higher shipments and grew its cash balance. Alcoa additionally maintained solid profitability despite lower alumina pricing.

The Company tightened its outlook for full-year

Alliance Receives Financing From Alumina Partners LTD

Alliance Receives Financing From Alumina Partners LTD

Alliance Growers Corp.(CSE:ACG; FWB:1LA) has executed on the first tranche of a financing commitment from Alumina Partners (Ontario) Ltd., a subsidiary of Alumina Partners LLC, a New York-based private equity firm, for a $5-million equity facility in a series of private placements, with an option to extend the commitment up to

5 Major Molybdenum Uses

5 Major Molybdenum Uses

To make informed decisions, investors should be aware of the many molybdenum uses. Here’s a brief overview of five key applications.

Alliance Growers Updates on Milestones Achieved to Date

Alliance Growers Updates on Milestones Achieved to Date

Alliance Growers Corp. (CSE:ACG; FWB:1LA) provided an update on the milestones achieved. The company continues to execute on its business plan to develop its business strategy that differentiates Alliance Growers from other Canadian cannabis companies. The company is advancing on several key fronts.

Alliance Growers Reports Milestones Achieved

Alliance Growers Reports Milestones Achieved

Alliance Growers Corp. (CSE:ACG; FWB:1LA) has provided an update on the milestones achieved. The Company continues to execute on its business plan to develop its business strategy that differentiates Alliance Growers from other Canadian Cannabis companies. The Company is advancing on several key fronts.

CannaApp The CannaApp announced in a news

Arizona Mining Closes C$110 Million Private Placement With South32

Arizona Mining Closes C$110 Million Private Placement With South32

Arizona Mining (TSX:AZ) is pleased to announce it has closed the private placement with South32 International Investment Holdings Pty Ltd (“South32”), an affiliate of South32 Limited, for 45 million common shares in the Company (the “Shares”) at a price of C$2.45 per Share for gross proceeds of C$110.3 million (the

Alliance Growers Corp. Provides Financing Update

Alliance Growers Corp. Provides Financing Update

Alliance Growers Corp. (CSE:ACG; FWB:1LA) (“Alliance Growers” or the “Company”) is pleased to provide an update on our financing initiatives for its shareholders and potential new investors. The Company has initiated various financing initiatives to execute on its business plan to develop its business strategy that differentiates Alliance Growers from other

Arizona Mining Announces C$110 Million Private Placement With South32

Arizona Mining Announces C$110 Million Private Placement With South32

Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) is pleased to announce it has signed a binding private placement agreement for 45 million common shares in the Company (the “Shares”) at a price of C$2.45 per Share with South32 Limited (“South32”) for gross proceeds of C$110.3 million (the

Potash Ridge updates Blawn Mountain 43-101 Prefeasibility Technical Report to include Alumina Resources

Potash Ridge Corporation (“Potash Ridge” or the “Corporation”) (TSX: PRK) is pleased to announce it has published a revision to an independent NI 43-101 compliant Prefeasibility Technical Report for the Corporation’s Blawn Mountain Project in Utah (“Blawn Mountain”) dated January 18, 2017 (the “January 2017 PFS”).  This updated NI 43-101 Prefeasibility Technical Report (the

Alcoa Corporation Reports First Quarter 2017 Results

Company grew profits sequentially on stronger alumina and aluminum pricing

1Q 2017 Results

Net income of $225 million, or $1.21 per share
Excluding special items, adjusted net income of $117 million, or $0.63 per share
Adjusted earnings before interest, tax, depreciation, and amortization (EBITDA), excluding special items of $533 million, up

Potash Ridge Reports 19.4 MT of Alumina Resources at its Blawn Mountain Project

Potash Ridge Corporation (“Potash Ridge” or the “Corporation”) (TSX: PRK) is pleased to announce an update to the independent NI 43-101 Prefeasibility Technical Report (the “January 2017 PFS”) for the Corporation’s Blawn Mountain Project in Utah (“Blawn Mountain”) dated January 18, 2017.

As quoted in the company release:
The January 2017 PFS assumed the production of

Jamaica Approves Transfer of Key Licenses to Carube Copper

Jamaica Approves Transfer of Key Licenses to Carube Copper

Carube Copper Corp.’s (TSXV:CUC) Jeff Ackert, President and CEO is pleased to confirm that Carube Copper has received the official transfer documents from the Jamaican Ministry of Transportation and Mines for seven Special Exploration and Prospecting Licences previously held by OZ Minerals. Carube Copper now has 100% ownership of eleven

Alliance Growers Signs Term Sheet for Equity Facility

Alliance Growers Signs Term Sheet for Equity Facility

Alliance Growers Corp. (CSE:ACG; FWB:1LA) has executed on the term sheet for a financing commitment offered by Alumina Partners (Ontario) Ltd., a subsidiary of Alumina Partners LLC, a New York-based private equity firm, for a $5-million equity facility in a series of private placements, with an option to extend the

Orbite HPA Plant Update

Orbite Technologies Inc. (TSX:ORT)(OTCQX:EORBF) (“Orbite” or the “Company”) today informs that the calcination system at its high purity alumina (“HPA”) plant is presently in temperature ramp up mode to operational conditions for the continued production of HPA.

“We are pleased to be restarting production operations towards commercial production at our HPA

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