Mining Stocks in the News: U.S. Precious Metals, Goldcorp, Transocean, Synergy Resources, Freeport-McMoRan Copper & Gold
Jun 17, 2013, 11:33 ET
CORAL SPRINGS, Florida, June 17, 2013 /PRNewswire/ --
FinancialNewsMedia.com issues market news updates for today's Mining Companies: U.S. Precious Metals, Inc. (OTCQB: USPR), Goldcorp, Inc. (NYSE: GG), Transocean Ltd. (NYSE: RIG), Synergy Resources Corporation (AMEX: SYRG) and Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX)
Headline News Alert: U.S. Precious Metals, Inc. (OTCQB: USPR) is an exploration stage company engaged in the acquisition, exploration and development of mineral properties. USPR's focus is on gold, silver and copper primarily located in the State of Michoacan, Mexico where it owns exploration and exploitation concessions to approximately 37,000 contiguous acres of mineral rights. The Company is pleased to finally announce the launch of its new corporate website: http://www.usprgold.com. USPR is still editing/adding new information and details to the website and feels the final version should be completed shortly.
Goldcorp, Inc. (NYSE: GG) News: Quaterra Resources Inc. (AMEX: QMM) recently announced it has concluded an Amended Agreement with Goldcorp Inc. (NYSE: GG) which amends certain terms of the Investment Framework Agreement (IFA) dated January 29, 2010, the terms of which were outlined in the Company's news release dated February 10, 2010. Goldcorp is one of the world's fastest growing senior gold producers. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.
Transocean Ltd. (NYSE: RIG) recently issued a monthly fleet update summary which includes new contracts, significant changes to existing contracts and changes in estimated planned out-of-service time of 15 or more days since May 15, 2013. The value of new contracts or extensions since the May 15, 2013 fleet update summary is approximately $262 million. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.
Synergy Resources Corporation (AMEX: SYRG) recently announced that it has priced an upsized underwritten public offering of 11,500,000 shares of the Company's common stock at $6.25 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,725,000 shares of common stock. The Company intends to use the net proceeds from this offering, along with cash on hand, to fund a portion of its 18-month drilling and development budget and additional leasehold acquisition in the Wattenberg Field. Synergy is a Colorado-based independent exploration and production company focused primarily on the development of its approximately 17,046 net acres in the Wattenberg Field in the Denver-Julesburg Basin ("D-J Basin") in Weld County, Colorado.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today provided an update on the status of PT Freeport Indonesia's (PT-FI) Grasberg operations in Papua, Indonesia following the May 14, 2013 accident at an underground training facility. FCX is a premier U.S.-based natural resource company with an industry leading global portfolio of mineral assets, significant oil and gas resources and a growing production profile. FCX is the world's largest publicly traded copper producer. To Read The Entire Release, please go to http://finance.yahoo.com/news/freeport-mcmoran-copper-gold-inc-120000404.html
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