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Day: July 29, 2020

Cameco reports second quarter results – well positioned financially with solid balance sheet, supported by planned restart at Cigar Lake

SASKATOON, Saskatchewan, July 29, 2020 (GLOBE NEWSWIRE) — Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2020 in accordance with International Financial Reporting Standards (IFRS).“The coronavirus (COVID-19) pandemic has had a significant impact on people and the economy around the world.” said Tim Gitzel, Cameco’s president and CEO. “Cameco too has felt the impact with the proactive shutdown of our operations resulting in an additional $37 million in care and maintenance costs and an increased reliance on the spot market for uranium supply, which are reflected in our results. However, we continue to do our part to keep people safe and help rebuild the economy. We believe that the pro-active actions we have taken to slow the spread of the COVID-19...

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American Pacific Mining Reports Unreleased 2019 Drill Results from the Madison Project Highlighted by 74m at 1.16 g/t Au, Including 3.46m at 17.71 g/t Au

VANCOUVER, British Columbia, July 29, 2020 (GLOBE NEWSWIRE) — American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK: USGDF) (“American Pacific” or the “Company”) is pleased to announce results from the 2019 drilling program conducted by Kennecott Exploration Company on the recently acquired 100%-owned Madison copper-gold project, USA (“Madison Project”). The Madison Project encompasses a historical mining district and past producer in western Montana. The Madison Project is currently under an earn-in, joint venture agreement, whereby Kennecott Exploration Company, part of the Rio Tinto Group may spend $30 million USD to earn up to 70% (see news release dated June 6, 2020).“High-grade, skarn-related massive sulfide mineralization at Madison has been extended 112 meters down-plunge in Hole MADN0012, 108 meters laterally in Hole...

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Subsea 7 S.A. Announces Second Quarter and Half Year 2020 Results

Luxembourg – 29 July 2020 – Subsea 7 S.A. (the Group) (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355) announced today results for the second quarter and first half of 2020 which ended 30 June 2020.Second quarter summaryOrder intake totalled $2.0 billion, equivalent to a book-to-bill ratio of 2.7, with six awards announced in the second quarter including orders worth $1.7 billion in the Renewables business unitOrder backlog increased to $7.0 billion at quarter end, of which Renewables represents 31%, with $2.1 billion expected to be executed in the remainder of 2020Negative Adjusted EBITDA of $9 million for the second quarter of 2020, reflecting a $104 million restructuring charge, the impact of Covid-19 and low vessel utilisation in certain marketsImpairment charges relating to property, plant and equipment and right-of-use assets of...

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Ease2pay introduceert automatisch punten sparen in Rabo Wallet

Gebruikers van de Rabo Wallet kunnen automatisch punten sparen bij betaling met hun telefoon. De eerste spaaractie is gericht op tanken. Wanneer gebruikers éénmalig de Ease2pay Cashback Actie in de app activeren, sparen ze de rest van dit jaar bij iedere tanktransactie met de app 2 cent per liter. Dat kan per gebruiker een cashback van maximaal €10 opleveren. Rabo Wallet is daarmee de eerste app die het zegeltjes plakken of klantkaart scannen en periodiek uitbetalen van de gespaarde waarde helemaal heeft geautomatiseerd voor winkeliers. Einde persbericht.———————————————————————–Noot voor de redactieOver Ease2payEase2pay is een innovatieve betaaldienstverlener die betalen goedkoper wil maken voor...

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Construction contract (Logistics Center of Pakendikeskus AS)

AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE) in co-operation with Eventus Ehitus OÜ entered into contract with Pakendikeskus AS for construction of a logistics center located at Suur-Sõjamäe str 37a, Soodevahe village, Rae parish. The building will have total space of 10 845,3 sqm and start of the construction works is planned for August 2020.The cost of the works is close to 5.3 million euros plus value added tax and the works will be completed by April 2021.Nordecon (www.nordecon.com)  is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Sweden, Finland and Ukraine. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The...

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Ehituslepingu sõlmimine (Pakendikeskuse logistikakeskus)

AS Nordecon kontserni ettevõte Nordecon Betoon OÜ (brändinimi NOBE) sõlmis ühispakkumises koos Eventus Ehitus OÜ-ga töövõtulepingu AS-ga Pakendikeskus logistikakeskuse ehitustööde teostamiseks aadressile Suur-Sõjamäe tn 37a, Soodevahe küla, Rae vald. Ehitatava hoone brutopind on 10 845,3 m2 ja ehitustööde algus on kavandatud augustisse 2020.Tööde maksumus on ligi 5,3 miljonit eurot, millele lisandub käibemaks, ning need valmivad 2021. a aprillikuuks.Nordeconi kontsern (www.nordecon.com) hõlmab ettevõtteid, mis on keskendunud hoonete ja rajatiste ehitamise projektijuhtimisele ja peatöövõtule. Geograafiliselt tegutsevad kontserni ettevõtted Eestis, Rootsis, Soomes ja Ukrainas. Kontserni emaettevõte Nordecon AS on registreeritud ja asub Tallinnas, Eestis. Kontserni 2019. aasta konsolideeritud müügitulu oli 234 miljonit eurot. Nordeconi kontsern...

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MRM : Mise à disposition du Rapport Financier Semestriel

 Communiqué information réglementéePress release regulated informationMise à disposition du Rapport Financier SemestrielHalf-year financial report available     Paris, le 29 juillet 2020     MRM annonce ce jour avoir mis à disposition du public et déposé auprès de l’Autorité des Marchés Financiers son rapport financier semestriel relatif au premier semestre 2020.     Il est consultable sur le site Internet de la Société : www.mrminvest.com, dans la rubrique « Finance – Information financière – Informations réglementées ».     Ce document intègre le rapport semestriel d’activité, les états financiers consolidés semestriels résumés, le rapport des Commissaires aux comptes sur l’information financière semestrielle ainsi que l’attestation du responsable du rapport financier semestriel.     Paris, 29 July 2020     MRM announces the...

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Nexans : Robust performance in challenging environment, engaged global team, “walking the talk” on Nexans strategy

Press release, Paris, France 29th July 2020Robust performance in challenging environment, engaged global team, “walking the talk” on Nexans strategy  Swiftly deployed Crisis Mode to protect employee’s health & safety, while delivering Production ContinuityRecord Free Cash Flow enhanced by tight working capital managementRobust performance reflecting superior execution, team engagement and customer satisfactionTransformation accelerated and reinforcedPaving the way for a stronger New Nexans – non-core asset disposal agreement       In the First Half 2020,Sound standard Sales1 of 2,895 million euros, down by -9.8% organic growth2 in challenging timesRobust EBITDA of 162 million euros3 reflecting accelerated efforts on transformationEBITDA rate of 5.6% in June 2020 against 6.0% in June 2019EBITDA excluding estimated Covid-19 impact4...

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Nexans : Performance robuste et forte mobilisation des équipes dans un contexte difficile, engagement respecté pour la stratégie de Nexans

Communiqué de Presse, Paris, France 29 juillet 2020Performance robuste et forte mobilisation des équipes dans un contexte difficile, engagement respecté pour la stratégie de NexansDéploiement rapide du plan de gestion de crise pour préserver la santé et la sécurité des équipes, tout en assurant la continuité de la productionGénération de trésorerie record grâce à une gestion rigoureuse du besoin en fonds de roulementPerformances robustes reflétant une grande qualité d’exécution, l’engagement des équipes et la satisfaction clientTransformation accélérée et renforcéeBâtir un nouveau Nexans plus solide – accord de cession d’actifs non stratégiques       Au premier semestre 2020 :Chiffre d’affaires1 à cours des métaux constants de 2 895 millions d’euros, représentant une croissance organique2 de -9,8 % dans une période difficileEBITDA3...

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Report for the six months ended 30 June 2020

Despite very low oil prices, free cash flow was positive from the oil and gas operations in second quarter and over MUSD 380 free cash flow for the six months periodRecord quarterly production of 162.9 Mboepd in the second quarterAccelerated ramp up and increased phase 1 plateau production at Johan Sverdrup; phase 1 capacity of 470 Mbopd to be tested for further upside, during second half of this yearSignificant increase in liquidity during the period from cost reductions and phasing, tax incentives and additional debt facilitiesContinued out performance at Edvard Grieg; increase in reserves and extension of plateau production anticipatedEight potential projects to be accelerated due to recent Norwegian tax incentives, targeting over 120 MMboe of net resourcesAwarded credit rating of ‘BBB-‘ with stable outlook by S&P Global, confirming...

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