Day: January 28, 2025

All amounts expressed in US dollars KINSHASA, Democratic Republic of Congo, Jan. 28, 2025 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – Barrick’s Kibali gold mine achieved an improved performance in the last quarter of the year, culminating in the highest yearly throughput since its commissioning. This milestone underscores the mine’s continued focus on operational excellence and its capacity to deliver strong results. Barrick chief operating officer for Africa and the Middle East, Sebastiaan Bock, said: “2024 was a challenging year which called for a reset and some leadership changes. Despite this, the year has once again demonstrated that Kibali is a consistent and efficient low-cost producer. The mine is well positioned to build on this foundation and deliver strong results in 2025 and beyond.” The management...

Reykjavik Energy (Orkuveita Reykjavíkur; Orkuveitan) has signed agreements with Kvika banki hf., Landsbankinn hf. and Fossar Investment Bank hf., on market making in the secondary market for bonds issued by Reykjavik Energy with the tickers “OR031033 GB”, “OR180242 GB”, “OR280845 GB” and “OR180255 GB”. The bonds have already been admitted to trading on Nasdaq Iceland. According to the agreement, the obligations of market makers took effect on 27 January 2025. Market making with OR 031033 GB and OR 280845 GB will start on February 10, 2025. The agreements’ purpose is to promote trading in the bonds contractually covered, increase their liquidity in the secondary market, and promote normal price formation. Market makers undertake to submit bids and offers for the bonds on the Stock Exchange...

TORONTO, Jan. 28, 2025 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) announces that it has finalised the distribution of the US$27,000,000 settlement with its litigation funders, Omni Bridgeway (Canada). The settlement amount was agreed with the United Republic of Tanzania (“Tanzania”) in the dispute over the expropriation of Montero’s Wigu Hill rare earth element project (“Wigu Hill”). The settlement amount of US$27,000,000 is payable over three instalments, and is to be distributed as follows:First payment: US$12,000,000 received on November 20, 2024, and distributed between Montero and Omni Bridgeway (Canada), the Company’s litigation funder. Second payment: US$8,000,000 due by January 31, 2025, to be distributed to Montero and to pay all legal fees. Third payment: US$7,000,000...

Golar LNG’s 4th Quarter 2024 results will be released before the NASDAQ opens on Thursday, February 27, 2025. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Thursday February 27, 2025. The presentation will be available to download from the Investor Relations section at www.golarlng.com We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information on how to ask questions will be given at the beginning of the Q&A session. There will be a limit of two questions per participant. a....

IRVING, Texas, Jan. 28, 2025 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (OTC: XELA, XELAP), a global business process automation (BPA) leader, has announced a strategic partnership between its Finance and Accounting Outsourcing (FAO) Business Unit and Michael Page, a leading recruitment firm specializing in leadership hiring for large enterprises. Michael Page, through this partnership, plans to expand Exela’s successful Center of Excellence across various corporate functions, including Finance Shared Services, by deploying Build-Operate-Transfer, Captive, and Business Processes as a Service to their enterprise customers. This collaboration is expected to further strengthen Exela’s position as a trusted partner for delivering tailored, scalable financial solutions. “Partnering with Michael Page...

LOS ANGELES, Jan. 28, 2025 (GLOBE NEWSWIRE) — Crown Electrokinetics Corp. (NASDAQ: CRKN) (“Crown” or the “Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today announced its plan to implement a reverse split of its common stock at a ratio of 1-for-150 shares. The reverse stock split will be effective for marketplace purposes with the open of business on Thursday, January 30, 2025. Following the reverse stock split, Crown’s common stock will continue to trade on The Nasdaq Capital Market under the ticker symbol “CRKN.” The new CUSIP number for the common stock following the reverse stock split will be 228339 503, reflecting the adjusted share structure. The Company’s Board of Directors approved the reverse stock split at a ratio...