The document discusses plans to create a high growth, low cost mid-tier silver producer through a combination of US Gold and Minera Andes. Key points include:
- The transaction would create a company called McEwen Mining with a pro-forma market cap of $1.4 billion and production of 7.5 million ounces of silver annually growing to 15.8 million ounces.
- McEwen Mining would have a strong balance sheet with $122 million in cash and no bank debt, and properties in Nevada, Argentina and Mexico offering growth potential.
- The combined company aims to qualify for inclusion in the S&P 500 stock index by 2015.
This document summarizes the proposed combination of US Gold and Minera Andes to form McEwen Mining Inc. Key points include:
- The combination would create a mid-tier silver producer with annual production of 7.5 million ounces growing to over 10 million ounces and low cash costs.
- McEwen Mining would have a strong balance sheet with $122 million cash and no debt to fund future growth.
- The portfolio includes existing mines like San Jose along with development projects and exploration properties that provide opportunities for significant future production growth.
- The combined company aims to qualify for inclusion in the S&P 500 index by achieving the required market capitalization and earnings benchmarks.
el paso 2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409finance49
El Paso Corporation provides natural gas and related energy products in North America. It has raised its liquidity to $3.3 billion and reduced capital spending thoughtfully in response to market challenges. The company has set 2009 financial targets including EPS of $0.85-1.05 and EBITDA of $3.1-3.3 billion. El Paso has a substantial pipeline backlog of around $8 billion that is expected to generate $1.2 billion in additional EBITDA. The company also has a significant exploration and production portfolio focused on lower-risk programs in its key areas.
el paso C0A209DE-4313-4A81-8B00-54550DEAC9E8_Barclays_Fixed_Income_032509finance49
El Paso Corporation provides natural gas and related energy products. It has raised its liquidity to $3.3 billion and reduced capital spending thoughtfully in response to market challenges. The company has set 2009 financial targets including EPS of $0.85-1.05 and EBIT of $2.0-2.3 billion. It has a large pipeline backlog that is expected to generate $1.2 billion in incremental EBITDA. El Paso also has significant natural gas and oil reserves and is focusing its $0.9-1.3 billion capital budget on lower-risk exploration and production programs.
el paso 129E17E7-B9DE-4351-A90B-947315FA05EF_EP_RayJamesDLF(Orlando)_FinalCo...finance49
Doug Foshee, President and CEO of El Paso Corporation, presented at the Raymond James 30th Annual Institutional Investor Conference on March 10, 2009. El Paso has raised its liquidity to $3.3 billion and reduced capital spending thoughtfully while preserving its exploration and production inventory. For 2009, El Paso has financial targets of $0.85-1.05 EPS, $2.0-2.3 billion EBIT, and $1.7-2.0 billion cash flow from operations. El Paso also has a substantial pipeline backlog expected to generate $1.2 billion in incremental EBITDA.
SilverCrest Mines | Corporate Presentation | November 2012Silvercrestmines
This corporate presentation provides an overview of SilverCrest Mines Inc. as of November 2012. Key highlights include:
- SilverCrest is a growing Mexican silver and gold producer with estimated 2012 production of 2.2 million silver equivalent ounces.
- The company's key asset is the Santa Elena Mine in Sonora, Mexico which had proven and probable reserves of 21.7 million silver equivalent ounces as of January 2012.
- SilverCrest has a strong cash position of $34.9 million and no debt as of June 30, 2012. Production is estimated to generate low operating cash costs of $7.00 per silver equivalent ounce.
- The company has experienced significant growth in 2012, with revenue of
SilverCrest Mines Inc. January 2013 Presentation 1Silvercrestmines
SilverCrest Mines Inc is a Canadian Silver & Gold producer in Mexico. The Santa Elena Mine in Sonora Mexico should produce about 33,000 ounces of Gold and 535,000 ounces of Silver in 2012. SilverCrest also has an exploration propertyin Durango, Mexico. The La Joya Project currently has a 101 million ounce silver eq. Resource After an 80 hole drill program in 2012, a new resource is expected to be released in early 2013.
Minera Andes owns 49% of the San José silver-gold mine in Argentina, which produced over 5 million ounces of silver in 2010. It also owns 100% of the large Los Azules copper deposit, located in the same region as other world-class copper mines. Based on preliminary economic assessments, Los Azules has the potential to become one of the largest copper mines in the world. The company's CEO owns 31% of the shares and is focused on increasing shareholder value through exploration success and advancing projects like Los Azules towards development.
This document summarizes the proposed combination of US Gold and Minera Andes to form McEwen Mining Inc. Key points include:
- The combination would create a mid-tier silver producer with annual production of 7.5 million ounces growing to over 10 million ounces and low cash costs.
- McEwen Mining would have a strong balance sheet with $122 million cash and no debt to fund future growth.
- The portfolio includes existing mines like San Jose along with development projects and exploration properties that provide opportunities for significant future production growth.
- The combined company aims to qualify for inclusion in the S&P 500 index by achieving the required market capitalization and earnings benchmarks.
el paso 2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409finance49
El Paso Corporation provides natural gas and related energy products in North America. It has raised its liquidity to $3.3 billion and reduced capital spending thoughtfully in response to market challenges. The company has set 2009 financial targets including EPS of $0.85-1.05 and EBITDA of $3.1-3.3 billion. El Paso has a substantial pipeline backlog of around $8 billion that is expected to generate $1.2 billion in additional EBITDA. The company also has a significant exploration and production portfolio focused on lower-risk programs in its key areas.
el paso C0A209DE-4313-4A81-8B00-54550DEAC9E8_Barclays_Fixed_Income_032509finance49
El Paso Corporation provides natural gas and related energy products. It has raised its liquidity to $3.3 billion and reduced capital spending thoughtfully in response to market challenges. The company has set 2009 financial targets including EPS of $0.85-1.05 and EBIT of $2.0-2.3 billion. It has a large pipeline backlog that is expected to generate $1.2 billion in incremental EBITDA. El Paso also has significant natural gas and oil reserves and is focusing its $0.9-1.3 billion capital budget on lower-risk exploration and production programs.
el paso 129E17E7-B9DE-4351-A90B-947315FA05EF_EP_RayJamesDLF(Orlando)_FinalCo...finance49
Doug Foshee, President and CEO of El Paso Corporation, presented at the Raymond James 30th Annual Institutional Investor Conference on March 10, 2009. El Paso has raised its liquidity to $3.3 billion and reduced capital spending thoughtfully while preserving its exploration and production inventory. For 2009, El Paso has financial targets of $0.85-1.05 EPS, $2.0-2.3 billion EBIT, and $1.7-2.0 billion cash flow from operations. El Paso also has a substantial pipeline backlog expected to generate $1.2 billion in incremental EBITDA.
SilverCrest Mines | Corporate Presentation | November 2012Silvercrestmines
This corporate presentation provides an overview of SilverCrest Mines Inc. as of November 2012. Key highlights include:
- SilverCrest is a growing Mexican silver and gold producer with estimated 2012 production of 2.2 million silver equivalent ounces.
- The company's key asset is the Santa Elena Mine in Sonora, Mexico which had proven and probable reserves of 21.7 million silver equivalent ounces as of January 2012.
- SilverCrest has a strong cash position of $34.9 million and no debt as of June 30, 2012. Production is estimated to generate low operating cash costs of $7.00 per silver equivalent ounce.
- The company has experienced significant growth in 2012, with revenue of
SilverCrest Mines Inc. January 2013 Presentation 1Silvercrestmines
SilverCrest Mines Inc is a Canadian Silver & Gold producer in Mexico. The Santa Elena Mine in Sonora Mexico should produce about 33,000 ounces of Gold and 535,000 ounces of Silver in 2012. SilverCrest also has an exploration propertyin Durango, Mexico. The La Joya Project currently has a 101 million ounce silver eq. Resource After an 80 hole drill program in 2012, a new resource is expected to be released in early 2013.
Minera Andes owns 49% of the San José silver-gold mine in Argentina, which produced over 5 million ounces of silver in 2010. It also owns 100% of the large Los Azules copper deposit, located in the same region as other world-class copper mines. Based on preliminary economic assessments, Los Azules has the potential to become one of the largest copper mines in the world. The company's CEO owns 31% of the shares and is focused on increasing shareholder value through exploration success and advancing projects like Los Azules towards development.
SilverCrest Mines | Corporate Presentation | October 2012Silvercrestmines
This document provides forward-looking statements about the Company's anticipated results, operations, and projects. It contains non-exhaustive information about the Company's resource base, production estimates, operating costs, expansion plans, and sensitivities to metal price fluctuations. The information is not a comprehensive review and should be read with all other Company disclosures. No securities commission has verified the accuracy of the information presented.
Goldcorp provides a corporate update and guidance for 2010. The company achieved strong earnings and cash flow growth from 2007 to 2009 and expects production to increase to 2.6 million ounces in 2010. Goldcorp has a robust pipeline of projects, with its Peñasquito mine in Mexico being one of the largest new gold mines in the world. The company maintains a strong balance sheet and low-cost production profile. Goldcorp's priorities for 2010 include achieving production at Peñasquito and advancing its pipeline of projects.
Minera Andes is a mining company with silver, gold, and copper assets located in Argentina. It owns 49% of the San José mine, a silver-gold mine currently in production. It also owns 100% of the large Los Azules copper deposit, which is one of the largest undeveloped copper deposits in the world, containing over 12 billion pounds of copper. The CEO of Minera Andes owns 31% of the company and has invested over $60 million of his own money. The presentation recommends Minera Andes as a way for investors to gain exposure to silver, gold, and copper assets with significant exploration upside.
This presentation provides information on Detour Gold Corporation's Detour Lake gold mine project in Ontario, Canada. The key points are:
1) Detour Lake is projected to be Canada's largest gold mine, with estimated gold production starting in Q1 2013 and an initial mine life of over 20 years.
2) As of July 2012, construction of the mine was 75% complete and on schedule and budget. Over 10 million tonnes had been mined to date.
3) Updated mineral reserve estimates from January 2012 show proven and probable reserves of 15.6 million ounces of gold using a gold price of $850 per ounce.
4) The presentation outlines Detour Gold's objectives for 2012 which
This document summarizes Detour Gold's plans to build Canada's largest gold mine at the Detour Lake project. Construction is progressing on schedule, with the mine expected to begin production in Q1 2013. Detour Gold aims to have 3 million tonnes of ore stockpiled and ready for processing by Q4 2012 as part of its operational readiness plan. The presentation provides details on Detour Gold's reserves, resources, mine plan, and capital and operating costs.
Financial analysis chesapeake energy corp - chesapeake energy corporation p...BCV
Chesapeake Energy Corporation produces oil and natural gas in the United States. It focuses on discovering, developing and acquiring conventional and unconventional natural gas reserves onshore. The company generates revenue primarily from its oil and natural gas segment, as well as its gathering and compression segment. It employs over 12,600 people and generated $12.4 billion in revenue in 2012.
This document is an investor presentation by Advanced Canadian Exploration regarding its acquisition of approximately 1.7 million hectares of mineral rights over four greenstone belts and a historic silver mining camp in Norway. It discusses forward-looking statements about future performance and estimates, including the completion of the acquisition, future exploration and development plans, and the potential for future mineral resource estimates. It cautions that forward-looking statements are based on certain assumptions and risks that could cause actual results to differ materially from expectations.
Detour Gold is constructing Canada's largest gold mine at the Detour Lake project in Ontario. The mine is scheduled to begin production in early 2013 and will be the largest pure gold play in Canada with 15.6 million ounces of reserves. Construction is progressing on schedule, with 97% completed as of November 2012. The mine is expected to produce an average of 657,000 ounces of gold annually over its 21.5 year mine life. Detour Gold aims to be one of the best cash flow per share opportunities in the gold mining industry.
Cabo Drilling Corp is a drilling services company that provides drilling rigs and services to mining companies. It acquired five drilling companies between 2004-2005. The presentation provides an overview of Cabo's business including its revenues from 2008-2012, fleet size, international operations, financial position, and goals to improve profitability through cost controls and expanding capacity. Cabo aims to take advantage of strong demand in the mining industry and growing metals prices.
Agnico-Eagle Mines Limited reported its fourth quarter and full year 2011 results in February 2012. Earnings for both the quarter and full year were impacted by non-cash writedowns of the Goldex and Meadowbank mines. Revenues reached record levels in 2011 of $1.82 billion due to higher gold prices, however earnings were negative due to the writedowns. Production guidance is provided for 2012-2014, with payable gold production expected to increase each year from 875,000-950,000 ounces in 2012 to over 1 million ounces in 2014 through contributions from all mines. Capital expenditures are also forecast to remain below average EBITDA levels, allowing for expected ongoing free cash flow generation
JBS S.A. issued several series of debt securities between 2014 and 2021 totaling over $5 billion. The debt has maturities between 2014 and 2021 and coupon rates ranging from 7.25% to 11.625%. Credit ratings agencies Fitch, Moody's, and S&P assigned JBS credit ratings between BB- and B2 with mostly stable outlooks. The debt is guaranteed by various JBS subsidiaries. As of 2Q12, JBS' net debt to EBITDA ratio was 4.27x with short term debt comprising 23% of its total debt.
21st Annual BMO Capital Markets Global Metals & Mining ConferenceDetourGold
This presentation discusses Detour Gold Corporation's plans to build Canada's largest gold mine at the Detour Lake project in Ontario. Construction is 52% complete and on schedule for first gold production in early 2013. The presentation provides details on Detour Gold's mineral reserve estimates, capital costs, production plans, and organic growth opportunities. It also reviews Detour Gold's strong share performance and capital structure as the company prepares to become a senior gold producer.
Bank of America Corp. stock is rated a "Buy" based on an analysis of earnings strength, relative valuation, and recent price movement. Earnings strength is rated "Neutral" as EPS has increased over the past five quarters but without acceleration. Relative valuation is "Positive" as the company's operating earnings yield ranks above 73% of covered companies. Recent price movement is "Positive" with the 1-year price up 108.4%.
The document summarizes IMPACT Silver Corp., a silver mining company with three producing silver mines in Mexico. Key points include: IMPACT has a proven track record of profitable mine development and production; the company has multiple exploration and development projects planned that could significantly increase silver production in the coming years; and recent drilling has discovered a potential new gold district that could provide future production opportunities.
This document summarizes an earnings conference call for Oshkosh Corporation for the fourth quarter of fiscal year 2008. It discusses the company's financial results including a 5.8% increase in sales to $1.9 billion but a 32% decrease in operating income to $122 million. The document also provides an overview of Oshkosh's fiscal year 2008 results and discusses challenges faced in various business segments due to economic conditions. It notes actions taken by the company to reduce costs and debt. An outlook is given for fiscal year 2009 noting market volatility and a plan to drive over $500 million in debt reduction. Business segment results and outlooks are also summarized.
NWA - Network World Alliance
Grupo de 13 Empresas de vários sectores de actividade.
Em breve se tornará Líder de Mercado de Vendas Directas.
Em Portugal desde Fevereiro de 2011.
Recrutamos Colaboradores
1) The document is a biology exam review containing 14 multiple choice questions covering topics like carbon dating, the formation of Earth, RNA, early life hypotheses, and experiments by scientists like Redi, Pasteur, and Spallazani.
2) Questions ask about carbon isotope properties, using carbon dating to determine the age of a rock, how Earth formed, the estimated age of Earth, what an RNA molecule that acts as an enzyme is called, and how certain discoveries support early life hypotheses.
3) Additional questions address how the half-life of radioactive isotopes affects their usefulness in dating rocks, why some areas on early Earth may have favored organic compound production, how mitochondria originated, how Paste
Reforming Curricula for Agribusiness Education and Training in Africa: ANAF...World Agroforestry (ICRAF)
This document outlines several initiatives aimed at reforming curricula and improving agricultural education in Sub-Saharan Africa:
1) ANAFE (African Network for Agriculture, Agroforestry and Natural Resources Education) works to address challenges in tertiary agricultural education through training, curriculum development, and networking.
2) SASACID (Strengthening Africa Strategic Agricultural Capacity for Impact on Development) focuses on refocusing curricula, developing learning materials, and building capacity for innovation and agribusiness.
3) UniBRAIN (Universities, Business and Research in Agricultural Innovation) aims to improve innovation and teaching through opportunities like agribusiness curriculum development, internships, and
Forest fires can kill or displace living things and increase greenhouse gases causing global warming. Housing developments and water pollution from factories or boats dumping chemicals can destroy ecosystems. Cutting down trees for wood, paper, or agriculture can cause erosion by removing plants that hold soil in place. We can prevent further damage by controlling fires, limiting housing growth, and making laws against pollution dumping to protect ecosystems.
SilverCrest Mines | Corporate Presentation | October 2012Silvercrestmines
This document provides forward-looking statements about the Company's anticipated results, operations, and projects. It contains non-exhaustive information about the Company's resource base, production estimates, operating costs, expansion plans, and sensitivities to metal price fluctuations. The information is not a comprehensive review and should be read with all other Company disclosures. No securities commission has verified the accuracy of the information presented.
Goldcorp provides a corporate update and guidance for 2010. The company achieved strong earnings and cash flow growth from 2007 to 2009 and expects production to increase to 2.6 million ounces in 2010. Goldcorp has a robust pipeline of projects, with its Peñasquito mine in Mexico being one of the largest new gold mines in the world. The company maintains a strong balance sheet and low-cost production profile. Goldcorp's priorities for 2010 include achieving production at Peñasquito and advancing its pipeline of projects.
Minera Andes is a mining company with silver, gold, and copper assets located in Argentina. It owns 49% of the San José mine, a silver-gold mine currently in production. It also owns 100% of the large Los Azules copper deposit, which is one of the largest undeveloped copper deposits in the world, containing over 12 billion pounds of copper. The CEO of Minera Andes owns 31% of the company and has invested over $60 million of his own money. The presentation recommends Minera Andes as a way for investors to gain exposure to silver, gold, and copper assets with significant exploration upside.
This presentation provides information on Detour Gold Corporation's Detour Lake gold mine project in Ontario, Canada. The key points are:
1) Detour Lake is projected to be Canada's largest gold mine, with estimated gold production starting in Q1 2013 and an initial mine life of over 20 years.
2) As of July 2012, construction of the mine was 75% complete and on schedule and budget. Over 10 million tonnes had been mined to date.
3) Updated mineral reserve estimates from January 2012 show proven and probable reserves of 15.6 million ounces of gold using a gold price of $850 per ounce.
4) The presentation outlines Detour Gold's objectives for 2012 which
This document summarizes Detour Gold's plans to build Canada's largest gold mine at the Detour Lake project. Construction is progressing on schedule, with the mine expected to begin production in Q1 2013. Detour Gold aims to have 3 million tonnes of ore stockpiled and ready for processing by Q4 2012 as part of its operational readiness plan. The presentation provides details on Detour Gold's reserves, resources, mine plan, and capital and operating costs.
Financial analysis chesapeake energy corp - chesapeake energy corporation p...BCV
Chesapeake Energy Corporation produces oil and natural gas in the United States. It focuses on discovering, developing and acquiring conventional and unconventional natural gas reserves onshore. The company generates revenue primarily from its oil and natural gas segment, as well as its gathering and compression segment. It employs over 12,600 people and generated $12.4 billion in revenue in 2012.
This document is an investor presentation by Advanced Canadian Exploration regarding its acquisition of approximately 1.7 million hectares of mineral rights over four greenstone belts and a historic silver mining camp in Norway. It discusses forward-looking statements about future performance and estimates, including the completion of the acquisition, future exploration and development plans, and the potential for future mineral resource estimates. It cautions that forward-looking statements are based on certain assumptions and risks that could cause actual results to differ materially from expectations.
Detour Gold is constructing Canada's largest gold mine at the Detour Lake project in Ontario. The mine is scheduled to begin production in early 2013 and will be the largest pure gold play in Canada with 15.6 million ounces of reserves. Construction is progressing on schedule, with 97% completed as of November 2012. The mine is expected to produce an average of 657,000 ounces of gold annually over its 21.5 year mine life. Detour Gold aims to be one of the best cash flow per share opportunities in the gold mining industry.
Cabo Drilling Corp is a drilling services company that provides drilling rigs and services to mining companies. It acquired five drilling companies between 2004-2005. The presentation provides an overview of Cabo's business including its revenues from 2008-2012, fleet size, international operations, financial position, and goals to improve profitability through cost controls and expanding capacity. Cabo aims to take advantage of strong demand in the mining industry and growing metals prices.
Agnico-Eagle Mines Limited reported its fourth quarter and full year 2011 results in February 2012. Earnings for both the quarter and full year were impacted by non-cash writedowns of the Goldex and Meadowbank mines. Revenues reached record levels in 2011 of $1.82 billion due to higher gold prices, however earnings were negative due to the writedowns. Production guidance is provided for 2012-2014, with payable gold production expected to increase each year from 875,000-950,000 ounces in 2012 to over 1 million ounces in 2014 through contributions from all mines. Capital expenditures are also forecast to remain below average EBITDA levels, allowing for expected ongoing free cash flow generation
JBS S.A. issued several series of debt securities between 2014 and 2021 totaling over $5 billion. The debt has maturities between 2014 and 2021 and coupon rates ranging from 7.25% to 11.625%. Credit ratings agencies Fitch, Moody's, and S&P assigned JBS credit ratings between BB- and B2 with mostly stable outlooks. The debt is guaranteed by various JBS subsidiaries. As of 2Q12, JBS' net debt to EBITDA ratio was 4.27x with short term debt comprising 23% of its total debt.
21st Annual BMO Capital Markets Global Metals & Mining ConferenceDetourGold
This presentation discusses Detour Gold Corporation's plans to build Canada's largest gold mine at the Detour Lake project in Ontario. Construction is 52% complete and on schedule for first gold production in early 2013. The presentation provides details on Detour Gold's mineral reserve estimates, capital costs, production plans, and organic growth opportunities. It also reviews Detour Gold's strong share performance and capital structure as the company prepares to become a senior gold producer.
Bank of America Corp. stock is rated a "Buy" based on an analysis of earnings strength, relative valuation, and recent price movement. Earnings strength is rated "Neutral" as EPS has increased over the past five quarters but without acceleration. Relative valuation is "Positive" as the company's operating earnings yield ranks above 73% of covered companies. Recent price movement is "Positive" with the 1-year price up 108.4%.
The document summarizes IMPACT Silver Corp., a silver mining company with three producing silver mines in Mexico. Key points include: IMPACT has a proven track record of profitable mine development and production; the company has multiple exploration and development projects planned that could significantly increase silver production in the coming years; and recent drilling has discovered a potential new gold district that could provide future production opportunities.
This document summarizes an earnings conference call for Oshkosh Corporation for the fourth quarter of fiscal year 2008. It discusses the company's financial results including a 5.8% increase in sales to $1.9 billion but a 32% decrease in operating income to $122 million. The document also provides an overview of Oshkosh's fiscal year 2008 results and discusses challenges faced in various business segments due to economic conditions. It notes actions taken by the company to reduce costs and debt. An outlook is given for fiscal year 2009 noting market volatility and a plan to drive over $500 million in debt reduction. Business segment results and outlooks are also summarized.
NWA - Network World Alliance
Grupo de 13 Empresas de vários sectores de actividade.
Em breve se tornará Líder de Mercado de Vendas Directas.
Em Portugal desde Fevereiro de 2011.
Recrutamos Colaboradores
1) The document is a biology exam review containing 14 multiple choice questions covering topics like carbon dating, the formation of Earth, RNA, early life hypotheses, and experiments by scientists like Redi, Pasteur, and Spallazani.
2) Questions ask about carbon isotope properties, using carbon dating to determine the age of a rock, how Earth formed, the estimated age of Earth, what an RNA molecule that acts as an enzyme is called, and how certain discoveries support early life hypotheses.
3) Additional questions address how the half-life of radioactive isotopes affects their usefulness in dating rocks, why some areas on early Earth may have favored organic compound production, how mitochondria originated, how Paste
Reforming Curricula for Agribusiness Education and Training in Africa: ANAF...World Agroforestry (ICRAF)
This document outlines several initiatives aimed at reforming curricula and improving agricultural education in Sub-Saharan Africa:
1) ANAFE (African Network for Agriculture, Agroforestry and Natural Resources Education) works to address challenges in tertiary agricultural education through training, curriculum development, and networking.
2) SASACID (Strengthening Africa Strategic Agricultural Capacity for Impact on Development) focuses on refocusing curricula, developing learning materials, and building capacity for innovation and agribusiness.
3) UniBRAIN (Universities, Business and Research in Agricultural Innovation) aims to improve innovation and teaching through opportunities like agribusiness curriculum development, internships, and
Forest fires can kill or displace living things and increase greenhouse gases causing global warming. Housing developments and water pollution from factories or boats dumping chemicals can destroy ecosystems. Cutting down trees for wood, paper, or agriculture can cause erosion by removing plants that hold soil in place. We can prevent further damage by controlling fires, limiting housing growth, and making laws against pollution dumping to protect ecosystems.
Este documento describe las opciones disponibles para la producción y difusión de contenido de audio digital como podcasts y radio en línea. Explica que la radio en línea es una alternativa económica y práctica para ejercer el derecho a la comunicación, dado que el acceso a frecuencias de radio es limitado. También analiza las ventajas de llegar a audiencias específicas y el alcance mundial que brindan las transmisiones en línea.
The 2013 Algae Industry Survey conducted by the Algae Biomass Organization found:
1) There was significant optimism in the algae industry that algae fuels will be price competitive with fossil fuels by 2020 and that production and hiring will increase in both the short and long term.
2) 91% of respondents believed that algae-based fuels will be cost-competitive by 2020, with nearly 1 in 4 producers expecting prices below $3 per gallon.
3) Expanding production capacity, cost-efficient systems, and harvesting/extraction were key industry challenges and priorities.
The document provides an overview of Aurico Gold's commitment to shareholder value creation. It summarizes Aurico's high quality, low cost asset base which includes the Young-Davidson and El Chanate mines. It also discusses Aurico's organic production growth profile, strong balance sheet, and shareholder friendly initiatives such as its dividend policy. The document contains forward-looking statements and notes that actual results may differ materially from projections. It also cautions US investors regarding the use of measured, indicated and inferred resource terminology.
PDAC 2013 Corporate Presentation Forum for InvestorsAuRico Gold
AuRico Gold provided a corporate presentation outlining its commitment to shareholder value creation. The presentation summarized AuRico's streamlined asset base which includes the high-quality, low-cost Young-Davidson and El Chanate mines located in Canada and Mexico, respectively. AuRico also highlighted its organic growth profile at Young-Davidson, peer-leading balance sheet, and shareholder-friendly initiatives including a dividend policy. AuRico estimates 2013 gold production of 190,000-220,000 ounces at total cash costs of $575-$675 per ounce from its two core operations.
The document discusses Aurico Gold's commitment to shareholder value creation through its high quality, low cost asset base in North America. It focuses on streamlining operations through divesting non-core assets and producing from its two main mines, Young-Davidson and El Chanate. Aurico aims to deliver reliable, consistent performance through organic growth from these assets and a strong balance sheet.
This corporate presentation summarizes SilverCrest Mines Inc., a growing Mexican silver and gold producer. Key points include:
- SilverCrest owns the Santa Elena Mine in Sonora, Mexico which has produced over 2.37 million ounces of silver equivalents in 2012.
- The company has an experienced management team with decades of mining experience.
- As of January 2013, SilverCrest has proven and probable reserves of over 21.7 million ounces of silver equivalents and indicated and inferred resources totaling over 125.9 million ounces.
- The company also owns the new La Joya silver-copper-gold discovery which is growing.
The document discusses Aurico Gold's commitment to shareholder value creation through its high quality, low cost asset base in North America. It summarizes key details about Aurico's two main operations, Young-Davidson and El Chanate mines, including production levels, cash costs, reserves, and mine lives. It also provides an overview of Aurico's exploration and development projects including Kemess Underground, Orion JV, and their opportunities to add value.
el paso C0A209DE-4313-4A81-8B00-54550DEAC9E8_Barclays_Fixed_Income_032509finance49
El Paso Corporation provides natural gas and related energy products. It has raised its liquidity to $3.3 billion and reduced capital spending thoughtfully in response to market challenges. The company has set 2009 financial targets including EPS of $0.85-1.05 and EBIT of $2.0-2.3 billion. It has a large pipeline backlog that is expected to generate $1.2 billion in incremental EBITDA. El Paso also has significant natural gas reserves and is focusing its $0.9-1.3 billion capital budget on lower-risk exploration and production programs.
SilverCrest Mines | Corporate Presentation | September 2012Silvercrestmines
This document provides forward-looking production estimates and financial information for SilverCrest Mines Inc., a precious metals mining company. It summarizes the company's operating results for the second quarter of 2012, including silver and gold production and cash costs. It also outlines the company's mineral resource estimates across its properties and management's experience. However, readers are cautioned that the information presented is forward-looking and subject to various risks and uncertainties.
el paso 129E17E7-B9DE-4351-A90B-947315FA05EF_EP_RayJamesDLF(Orlando)_FinalCo...finance49
Doug Foshee, President and CEO of El Paso Corporation, presented at the Raymond James 30th Annual Institutional Investor Conference on March 10, 2009. El Paso set financial targets for 2009 of $0.85-1.05 EPS, $2.0-2.3 billion EBIT, and $1.7-2.0 billion cash flow from operations. El Paso also discussed its substantial pipeline backlog valued at $8 billion, efforts to reduce construction risk, and plans to focus $0.9-1.3 billion in capital expenditures on lower-risk exploration and production programs in 2009.
This presentation provides an overview of IMPACT Silver Corp., a silver producer with mines located in central Mexico. IMPACT has a strong cash position of $16 million with no debt. Production decreased in 2012 as operations transitioned to new, higher grade mines. IMPACT aims to grow organically by exploring attractive targets within its land package. The presentation highlights IMPACT's profitable silver production, growth strategy, management team, and location of its mines in the Zacualpan and Capire Silver Districts of Mexico.
el paso 2E961AE6-D8CD-4328-9657-89A97FED03C0_Howard_Weil_032409finance49
El Paso Corporation is an energy company led by President and CEO Doug Foshee. The company provides natural gas and related energy products. It aims to do so in a safe, efficient, and dependable manner. For 2009, El Paso's financial targets include earning $0.85 to $1.05 per share and generating $2.0 to $2.3 billion in EBIT from its pipelines and $0.8 to $0.9 billion from its exploration and production business. The company also aims to spend $2.7 to $3.1 billion on capital expenditures for its pipelines and exploration and production segments. El Paso has substantially increased its liquidity position and expects to have ample liquidity to
CIBC organized a bus tour of gold mining operations in the Abitibi Gold Belt of Quebec and Ontario. Key observations included high competition for labor but it was manageable, infrastructure choices impact start-ups, equipment selection affects expansions, and the Abitibi camp still has significant gold reserves. Following the tour, CIBC lowered its price targets for Osisko and Kirkland Lake Gold due to commissioning issues at Osisko and adjusted assumptions at Kirkland Lake Gold.
Minera Andes is a mining company with silver, gold, and copper assets located in Argentina. It owns 49% of the San José mine, a silver-gold mine currently in production. It also owns 100% of the large Los Azules copper deposit, which is one of the largest undeveloped copper deposits in the world, containing over 12 billion pounds of copper. The CEO of Minera Andes owns 31% of the company and has invested over $60 million of his own money, aligning his interests with shareholders. The presentation recommends Minera Andes as providing leverage to rising silver and copper prices through its producing assets and large undeveloped copper deposit.
Scotiabank Mining for Free Cash Flow in Mexico Conference AuRico Gold
The document discusses Aurico Gold's commitment to shareholder value creation through mining for free cash flow in Mexico. It outlines Aurico's streamlined asset base which includes the high quality, low cost Young-Davidson and El Chanate mines. The summary also notes Aurico's organic production growth profile, strong balance sheet, and shareholder friendly initiatives.
Richard O'Brien, President and CEO of Newmont Mining Corporation, presented at the Bank of Montreal Metals and Mining Conference on February 27, 2012. In his presentation, O'Brien highlighted Newmont's strong operating performance in 2011, growth potential through 2022, competitive project returns, and significant exploration upside. Newmont is well positioned to potentially grow attributable gold production by 35% to around 7 million ounces by 2022 through projects in its pipeline. The company also has potential to double copper production over this period.
- Newmont Mining Corporation's President and CEO Richard O'Brien presented at the Bank of Montreal Metals and Mining Conference on February 27, 2012.
- In his presentation, O'Brien highlighted Newmont's growth potential through projects in the pipeline that could increase gold production by 35% to around 7 million ounces by 2017. He also noted potential to double copper production over the same period.
- O'Brien emphasized Newmont's strong financial position and competitive project returns across its portfolio.
First Quantum Minerals is a growing mining company producing copper and gold. It has a solid base of existing mining operations in Zambia and Mauritania, providing a platform for growth. The company has a robust pipeline of projects that will more than triple its copper production by 2015. These include the Ravensthorpe nickel project in Australia and the Kevitsa nickel/copper project in Finland. Exploration is also expanding the resource base. With a strong financial position and focus on execution, First Quantum is well positioned for continued rapid growth as a major copper and nickel producer.
First Quantum Minerals is a growing mining company producing copper and gold. It has a solid base of existing mining operations in Zambia and Mauritania, providing a platform for growth. The company has a robust pipeline of projects that will more than triple its copper production by 2015. These include the Ravensthorpe nickel project in Australia and the Kevitsa nickel/copper project in Finland. Exploration is also expanding the resource base. With a strong financial position and focus on execution, First Quantum is well positioned for continued rapid growth as a major copper and nickel producer.
This corporate document provides an update for March 2011. It discusses forward-looking statements and the risks associated with them. Key points include increasing gold production to 1.5 million ounces by 2014, growing gold reserves to over 22 million ounces, acquiring smaller companies, maintaining low costs, and increasing net free cash flow and dividends per share. Operating results for 2010 show growing revenue diversified across six mines, with total gold production of 987,609 ounces and total cash costs of $451 per ounce. Financial results for 2010 were record levels of earnings and cash flow driven by production growth.
The document provides an overview of Newmont Mining Corporation's operations and outlook. It discusses Q3 2012 operational performance, with gold production of 1.24Moz at a CAS of $693/oz. It highlights the company's regional operations in North America, South America, and Asia Pacific. It also discusses the company's focus on cost control and margin protection through optimizing current operations and overhead cost reductions. The document emphasizes Newmont's commitment to delivering shareholder value through consistent production, a gold price-linked dividend, and leading reserves and production metrics per share.
SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) is a Canadian precious metals producer headquartered in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150km northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The mine is a high-grade, epithermal gold and silver deposit, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine.
2. Forward Looking and Cautionary Statements
This documents contains certain forward-looking statements and information by each of US Gold and
Minera Andes, including “forward looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995. The forward-looking statements and information express, as at the date of
this press release, US Gold and Minera Andes’ estimates, forecasts, projections, expectations or beliefs
as to future events and results. Forward-looking statements and information are necessarily based upon
a number of estimates and assumptions that, while considered reasonable by management, are
inherently subject to significant business, economic and competitive uncertainties, risks and
contingencies, and there can be no assurance that such statements and information will prove to be
accurate. Therefore, actual results and future events could differ materially from those anticipated in such
statements and information. Risks and uncertainties that could cause results or future events to differ
materially from current expectations expressed or implied by the forward looking statements and
information include, but are not limited to, the completion of a business combination between Minera
Andes and US Gold (including the numerous approvals required in connection with such a business
combination), risks related to business integration as a result of a successful business combination,
factors associated with fluctuations in the market price of precious metals, mining industry risks, risks
associated with foreign operations, risks related to litigation including specifically but not limited to Minera
Andes’ Los Azules property, property title, the state of the capital markets, environmental risks and
hazards, uncertainty as to calculation of mineral resources and reserves and other risks. Readers should
not place undue reliance on forward-looking statements or information. Neither US Gold nor Minera
Andes undertake any obligation to reissue or update forward-looking statements or information as a
result of new information or events after the date hereof except as may be required by law. See (i) US
Gold’s Annual Report on Form 10-K for the fiscal year ended December 31, 2010 and other filings with
the Securities and Exchange Commission, under the caption “Risk Factors”; and, (ii) Minera Andes’
Annual Information Form as filed on SEDAR (www.sedar.com) and form 40F/A filed with the SEC, for the
period ended December 31, 2010, for additional information on risks, uncertainties and other factors
relating to the forward-looking statements and information. All forward looking statements and information
made in this news release are qualified by this cautionary statement.
2
3. LIFE IS FULL OF DISTRACTIONS.
NO MATTER HOW TEMPTING IT
MAY BE TO VEER OFF YOUR
PATH, KEEP YOUR GOALS IN
FOCUS AND KEEP MOVING
FORWARD.
- Gabriel Cid
3
4. Transaction Details
Proposed Corporate Name: McEwen Mining Inc.
Exchange/Ticker: NYSE / TSX : Ticker TBD
Share Exchange Ratio: 1:0.4 Minera to US Gold
Pro-forma Market Cap: US $1.4 Billion
Pro-forma Shares Outstanding: 252.7 Million
Pro-forma Rob McEwen Ownership: 25% ($345 Million)
Pro-forma Balance Sheet: US $122 Million – No Bank Debt
Expected Closing: Late October
4
7. Goldcorp + Wheaton Combination
Premium Paid: 7%
Goldcorp Performance
Day of Announcement $0.01
Goldcorp Performance
170%
12 Months Upon Closing
7
8. Highlights of Combination
• Current Production + Significant Growth
• Low Cost Producer
• Strong Balance Sheet
• Well Positioned Exploration Portfolio
• Increases Management’s Focus
• One Step Closer to S&P 500
8
9. Goal: Qualify for S&P 2015
Requirements
1. US Company ✔
2. Public Float > 50% ✔
3. Liquidity Threshold ✔
4. Sector Representation ✔
5. US Listing ✔
6. Market Cap. > $5 B ✗
7. 4 Qtrs Positive Earnings ✗
9
10. S&P 500: 2 Remaining Hurdles
Today Pro-forma
1. Market Cap. > $5 B $765 MM $1.4 B
Cash Flow
2. 4 Qtrs Positive Earnings No
Begins
* As of Jun 13, 2011
10
11. Diversified in the Americas
* San Jose: includes just MAI 49% interest
11
14. High Growth + Low Cost
Pro-forma Estimates
7.5 MM oz
Growing
Production
Lowering Costs
2.5 MM oz Cash Cost / Silver oz*
(Gold by-product)
-$0.40 -$1.50
2011E 2014E 2011E 2014E
*Cash cost reported on a by-product basis 14
15. Rob McEwen Big Ownership – No Salary!
Increases Management’s Focus
$345 MM
27x
Avg.
$39 MM $31 MM
$5 MM $3 MM $1 MM $0 MM
McEwen First Silvercorp Hecla Coeur Pan Silver
Mining Majestic D’Alene American Standard
* As of Jun 13, 2011
15
16. Creating a Low Cost, High Margin Producer
Cash Cost (By-Product Basis): McEwen Mining vs Peers
Silver
First Standard
Pan $10.95
Majestic
American
$8.25
$7.85
Coeur
$6.50
Hecla
Silvercorp McEwen $1.05
-$7.60 Mining
2011
-$0.40 2014
-$1.50
*Cash cost reported on a by-product basis
** As of March 31, 2011 16
17. Creating the Next Mid-tier Silver Producer
Production Profile: McEwen Mining vs Peers
24.3 MM
16.8 MM
10.6 MM
7.5 MM 8.5 MM
7 MM
5.6 MM
2.5 MM
McEwen Silvercorp First McEwen Silver Hecla Coeur Pan
Mining Majestic Mining Standard American
2011 2014
*Pro-forma production
** As of Dec 31, 2010 17
18. McEwen Mining Market Cap vs Peers
$3.1 B
$2.0 B $2.0 B $2.1 B
$1.7 B
$1.5 B
$1.4 B*
McEwen Silvercorp First Silver Hecla Coeur Pan
Mining Majestic Standard American
*Pro-forma market cap
** As of June 13, 2011 18
19. Pro-forma Resource Estimates
100.3 MM oz
88.7 MM oz
10.3 B lbs
4.1 MM oz
2.9 MM oz
2.2 B lbs
M&I Inferred M&I Inferred Indicated Inferred
Silver Gold Copper
* As of Dec 31, 2010
19
20. Strong Treasury - No Bank Debt
Cash + Silver / Gold Bullion
$122 MM
$100 MM
$22 MM
Pro-forma US Gold Minera Andes
* As of May 31, 2011
20
21. IF LIFE HAS TAUGHT ME
ANYTHING, IT’S THAT WE ARE
CAPABLE OF FAR GREATER
THINGS THAN ONE CAN
POSSIBLY IMAGINE.
- Ari Merkin
21
22. Early Market Reaction to Deal
7.5%
5.3%
Positive!
1.6%
1.4%
0.5%
MJGI Silver Gold MAI UXG
*As of 2:00 pm, June 14, 2011 22
23. El Gallo - Results of Preliminary
Economic Assessment (Feb 2011)
$18.00 Ag $28.50 Ag
$1,000 Au $1,350 Au
Avg / yr Silver Prod. 5 MM oz 5 MM oz
Avg / yr Gold Prod. 50,250 oz 50,250 oz
Silver Cash Cost1 $5.90 $2.45
IRR2 27% 65%
Payback 2.3 yrs 1.0 yrs
NPV (5%)2 $155 MM $520 MM
Capex $150 MM $150 MM
1) Feb 2011 PEA 2) Net of gold by-product 3) Pre-tax 23
29. El Gallo – Timeline to Production
2011-12: Exploration 15 Drills - $30 Million
2011-12: Mine Permitting
Q4 2011: Feasibility Study/Resource Update
Late 2012:Construction
2014: Production
29
30. Gold Bar – Cortez Trend, Nevada
Preliminary Economic Assessment (Apr 2010)
§ 60,000 oz Au / yr
§ Cash Costs $600 / oz
§ IRR 60%1,2
§ Payback in 3 yrs1
§ Initial Capital $40 MM
§ NPV (6%) $105 MM 1,2
§ M&I Resource: 1 Million oz Gold
1) $1,150 / oz gold price, 2)Pre-tax, 3) April 2010 PEA 30
32. Gold Bar – Timeline to Production
2011-12: Exploration - $5 Million
Sept 2011: Gold Bar Pre-feasibility
2011-13: Mine Permitting
2013: Construction
Late 2014: Production
32
35. New Veins @ San Jose Mine
Sofia
Vein
10.13
m
@
14.96
g/t
Au,
1,096
g/t
Ag
5.45
m
@
13.54
g/t
Au,
206
g/t
Ag
1.72
m
@
10.94
g/t
Au,
1,255
g/t
Ag
Micaela
Vein
2.45
m
@
8.33
g/t
Au,
1,484
g/t
Ag
1.09
m
@
33.50
g/t
Au,
2,752
g/t
Ag
35
40. San Jose Mine – Argentina (49%)
• Started production in 2007
• 2010 silver + gold production
- Silver 5.3 MM oz
- Gold 84,000 oz
- Silver cash costs -$1.00
• Started production in 2007
• Large 100,000 acre property
remains underexplored
• October 2010, 9 new veins San
Jose
Mine
Tonnes
Ag
Grade
Au
Grade
Ag
(MM
oz) Au
(MM
oz)
(49%)
(MM)(100%)
(g/t)
(g/t)
(100%)
(100%)
announced, significantly P
&
P
1.5
451
6.33
21.3
0.30
extending the mines life M&I
(incl.
P&P)
Inferred
3.1
3.0
475
373
6.80
5.96
46.6
35.8
0.67
0.57
40
41. El Gallo Project – Mexico (100%)
• Located in Sinaloa State, Mexico
• Discovered by US Gold in 2009
• Consists of the El Gallo,
Palmarito, Magistral Deposits
• Forecasted production
- 5 MM oz Silver
- 50,250 oz Gold
- Silver cash cost $2.50 Ag
Grade
Au
Grade
Ag
Au
El
Gallo
Tonnes
(MM)
(g/t)
(g/t)
(MM
oz)
(MM
oz)
• Bankable feasibility Q4 2011 M&I
12.6
77
0.06
31.2
0.02
Inferred
10.0
52
0.03
16.7
0.01
• Commercial production 2014 Ag
Grade
Au
Grade
Ag
Au
Palmarito
Tonnes
(MM)
(g/t)
(g/t)
(MM
oz)
(MM
oz)
M&I
3.7
71
0.14
8.5
0.02
Inferred
1.6
58
0.10
3.0
0.01
Ag
Grade
Au
Grade
Ag
Au
Magistral
Tonnes
(MM)
(g/t)
(g/t)
(MM
oz)
(MM
oz)
M&I
10.4
-‐
1.50
-‐
0.50
Inferred
0.2
-‐
1.14
-‐
0.01
41
42. Gold Bar Project – Nevada (100%)
• Located in Nevada’s Cortez Trend
• Previous producer
• Forecasted production
- 60,000 oz Gold / yr
- Gold cash cost $600
• Pre-feasibility Q3 2011
• Commercial production late 2014
Tonnes
Ag
Grade
Au
Grade
Ag
(MM
Au
(MM
Gold
Bar
(MM)
(g/t)
(g/t)
oz)
oz)
M&I
33.5
-‐
0.91
-‐
0.97
Inferred
1.3
-‐
0.54
-‐
0.02
42
43. Los Azules Project – Argentina (100%)
• Advanced-stage porphyry copper
exploration project
• One of the world's largest
undeveloped copper deposits
• PEA Highlights
- NPV $2.8 Billion
- IRR 21%
- 169,000 tonnes Cu / yr
- Capex. $2.9 Billion
• Pre-feasibility underway
Tonnes
Cu
Grade
Au
Grade
Ag
Grade
Cu
(B
Au
Ag
Los
Azules
(MM)
(%)
(g/t)
(g/t)
lbs)
(oz)
(oz)
Indicated
137
0.73
0.07
1.7
2.2
0.3
7.5
Inferred
900
0.52
0.07
1.7
10.3
2.0
49.2
43