Adriatic Metals approved for new tailings facility
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) has received full government approval to begin constructing a tailings storage facility at its Veovaca site in Bosnia and Herzegovina. Permits were granted on Thursday (October 24) by the Federal Ministry of Energy, Mining, and Industry, which allows the company to begin disposing of tailings – or leftover mined material – by December 2024.
ADT Inc. (ADT) Q3 2024 Earnings Call Transcript
ADT Inc. (NYSE:ADT ) Q3 2024 Earnings Call Transcript October 24, 2024 10:00 AM ET Company Participants Elizabeth Landers - Senior Director, Investor Relations Jim DeVries - Chief Executive Officer, President & Chairman Jeff Likosar - Chief Financial Officer Wayne Thorsen - Chief Business Officer Conference Call Participants George Tong - Goldman Sachs David Paige - RBC Toni Kaplan - Morgan Stanley Operator Thank you for standing by. I would like to welcome everyone to the ADT Third Quarter 2024 Earnings Conference Call.
ADT (ADT) Beats Q3 Earnings and Revenue Estimates
ADT (ADT) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.08 per share a year ago.
Adriatic Metals production unaffected by Bosnia storms
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) said the production ramp-up at its Vares mine has not been affected by the recent storms and subsequent flooding in the central and southern regions of Bosnia and Herzegovina. The storms, which occurred on 3 October, resulted in short-term water management issues at Rupice mine and the Vares processing plant but these were effectively managed, with production continuing as planned according to a statement.
Home security firm ADT Inc reports unauthorized activity on its network
Home security firm ADT Inc said on Monday an unauthorized actor had illegally accessed its network using credentials obtained through a third-party business partner.
Adriatic brings ex-Rio Tinto advisor to board
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) has announced the appointment of Mick Bardella to its board as a non-executive director. Bardella has previously worked as Rio Tinto PLC's global assurance lead, Xstrata's head audit partner and advised a host of mining companies whilst at Ernst & Young.
Adriatic Metals site trip underlines progress being made, says RBC
A site trip to Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) Vares mine has reassured about the potential of potential of this tier 1 asset, said broker RBC, though it has reduced its price target to 300p from 310p. FTSE 250 member Adriatic has had a difficult year marked with delays, legal issues and management changes, notes RBC, but the trip to Vares highlighted the progress made to date by the miner.
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Adriatic Metals operational update 'encouraging' says broker, shares rise
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) ‘highly-anticipated operations update for its Vares silver operation sent its share price up 9% to 186p today. Broker Stifel noted the update indicated a significant increase in tonnes mined during August and September as the first stope was brought into production, notes Stifel “Encouragingly, commercial production is still expected to be reached in the fourth quarter, which we consider to be the most important upcoming milestone, and guidance for 2025 mine production of 750,000-800,000t remains unchanged,” said the broker.
Adriatic Metals says Vares production moving towards commercial levels
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) achieved record production in August from the Vares project in Boznia & Herzegovenia as the first stope came on stream. Ore produced at the Rupice mine at Vares amounted to 25,514t, compared to 9,513t in the first six months of 2024 with mined grades higher than expected.
Adriatic Metals expects to hit full production at Vares in the fourth quarter
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) said it expects to hit nameplate production in the fourth quarter at the Vares Silver Operation in Bosnia after successfully achieving key landmarks earlier this year, including the first concentrate sale in late May. The update was provided alongside interim results, which provided a full assessment of the progress made in the first six months of the year, including the move to owner-operator of the mine.
Home security giant ADT says it was hacked
ADT confirmed this week that it was recently hacked, compromising some customer data.
