News Article | May 9, 2017
HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“CORE” or the “Company”) (OTCQB: CTGO) announced today that it has filed its Form 10-Q for the quarter ended March 31, 2017 with the Securities and Exchange Commission. The Company reported a net loss of approximately $0.5 million, or ($0.11) per basic and diluted share, for the three months ended March 31, 2017 compared to a net loss of approximately $0.2 million or $(0.05) per basic and diluted share for the same period last year. For the nine months ended March 31, 2017, the Company reported a net loss of approximately $2.1 million, or ($0.46) per basic and diluted share, compared to a net loss of $1.0 million, or ($0.24) per basic and diluted share, for the same period last year. Peak Gold, LLC (the “Joint Venture”), managed by our Joint Venture partner Royal Alaska, LLC (“Royal Alaska”), a wholly owned subsidiary of Royal Gold, Inc. (“RGLD”), expended approximately $8.8 million during the nine months ended March 31, 2017 for exploration, development and project management of its Peak Zone gold ore discovery and other newly discovered gold bearing areas on its Tetlin properties near Tok, Alaska. RGLD has contributed a total of approximately $20.0 million to the Joint Venture and earned a cumulative economic interest of 24.9% in the Joint Venture. Brad Juneau, President and CEO of the Company, commented, “The Phase I 2017 drilling program finished up in early April 2017, consisting primarily of holes around the edges of the North Peak deposit area in an effort to better define the mineral resource. All drill results from the North Peak deposit drilling have been received. There were also six initial holes drilled in the True Blue Moon target area, a new prospect generated from airborne magnetics/resistivity and surface recon data. We have received assays on 4 of these holes which showed one gold bearing interval in one hole but no material gold in the other holes. We expect to receive assays on the other two holes within the next few days, and will evaluate these results before deciding whether to drill further holes in this area. While there are still areas with potential room for expansion of North Peak, we intend to focus our summer 2017 program drilling exploration targets both near Main/North Peak as well as more remote targets relative to our existing infrastructure. While all exploration activity by definition has risks, these prospects are sizeable in potential area with similar geophysical and geochemical properties to our Main Peak and North Peak properties. Third party engineers are working to finalize an updated resource report on North Peak and Main Peak that will take into account all of the data from recent drilling which will be completed during the June quarter.” The data below includes 19 drill holes, 2 of which were previously released incomplete assays, between TET17320 and TET17348 and some new intervals in previously released drill holes as shown on the accompanying base map. Sample intervals are calculated using 0.5 grams per tonne (gpt) lower cut off for gold with no internal waste less than cutoff grade that is greater than 3 meters in thickness. Intercepts shown are drill intercept lengths. True width of mineralization is unknown: CORE is a Houston-based company that engages in the exploration in Alaska for gold and associated minerals through Peak Gold, LLC, its joint venture company with Royal Gold, Inc. Additional information can be found on our web page at www.contangoore.com. This press release contains forward-looking statements regarding CORE that are intended to be covered by the safe harbor "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995, based on CORE’s current expectations and includes statements regarding future results of operations, quality and nature of the asset base, the assumptions upon which estimates are based and other expectations, beliefs, plans, objectives, assumptions, strategies or statements about future events or performance (often, but not always, using words such as "expects", "projects", "anticipates", "plans", "estimates", "potential", "possible", "probable", or "intends", or stating that certain actions, events or results "may", "will", "should", or "could" be taken, occur or be achieved). Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those, reflected in the statements. These risks include, but are not limited to: the risks of the exploration and the mining industry (for example, operational risks in exploring for, developing mineral reserves; risks and uncertainties involving geology; the speculative nature of the mining industry; the uncertainty of estimates and projections relating to future production, costs and expenses; the volatility of natural resources prices, including prices of gold and associated minerals; the existence and extent of commercially exploitable minerals in properties acquired by CORE; potential delays or changes in plans with respect to exploration or development projects or capital expenditures; the interpretation of exploration results and the estimation of mineral resources; the loss of key employees or consultants; health, safety and environmental risks and risks related to weather and other natural disasters); uncertainties as to the availability and cost of financing; inability to realize expected value from acquisitions; inability of our management team to execute its plans to meet its goals; and the possibility that government policies may change or governmental approvals may be delayed or withheld, including the inability to obtain any mining permits. Additional information on these and other factors which could affect CORE’s exploration program or financial results are included in CORE’s other reports on file with the Securities and Exchange Commission. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. CORE does not assume any obligation to update forward-looking statements should circumstances or management's estimates or opinions change.
News Article | May 4, 2017
"Safety is a core value for Newmont, and we have made excellent progress towards achieving our goal of zero harm by lowering injury rates by more than 50 percent since 2012," said Newmont's President and Chief Executive Officer Gary Goldberg. "While our injury rates are among the lowest in the mining sector, we want everyone to go home safely after every shift and CORESafety is helping us achieve that goal. CORESafety's approach to safety and health emphasizes accident prevention using a risk-based management system anchored in leadership, management and assurance. Its objective is zero fatalities and a 50 percent reduction in mining's injury rate within five years of implementation. Since its inception in 2011, CORESafety participants have seen a 74 percent reduction in fatalities. CORESafety is a voluntary mine safety and health initiative developed and facilitated by the NMA. CORESafety participants agree to: commit to the CORESafety system; implement a functionally-equivalent version of the CORESafety safety and health management system; submit to NMA annual self-assessments of progress toward implementation of the CORESafety safety and health management system; and, if the company elects to become or maintain CORESafety certification, complete a third- party assessment of its safety and health management system to verify that it is functionally equivalent to CORESafety and submit the assessment report to NMA. Newmont is the fourth NMA member company to complete each step of this process. The National Mining Association (NMA) is the voice of the American mining industry in Washington, D.C. Membership includes more than 325 corporations involved in all aspects of coal and solid minerals production including coal, metal and industrial mineral producers, mineral processors, equipment manufacturers, state mining associations, bulk transporters, engineering firms, consultants, financial institutions and other companies that supply goods and services to the mining industry. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/newmont-mining-receives-coresafety-certification-300451596.html
News Article | July 13, 2017
"We are committed to the well-being of everyone who sets foot on our mines or projects," said Mitchell Krebs, Coeur's president and chief executive officer. "The CORESafety system has helped us reduce our injury rates by over 75 percent since 2012. We look forward to using it as the framework for even further health and safety improvement going forward as we continue to pursue a higher standard in all aspects of our business." CORESafety's approach to safety and health emphasizes accident prevention using a risk-based management system anchored in leadership, management and assurance. The CORESafety framework is designed to go above and beyond what is required by regulations, instead focusing on a goal of continuous improvement. Its objective is zero fatalities and a 50 percent reduction in mining's injury rate within five years of implementation. Since its inception in 2011, CORESafety participants have seen a 74 percent reduction in fatalities. CORESafety is a voluntary mine safety and health initiative developed and facilitated by the NMA, the U.S. mining industry's national trade association. CORESafety participants agree to: commit to the CORESafety system; implement a functionally-equivalent version of the CORESafety safety and health management system; submit to NMA annual self-assessments of progress toward implementation of the CORESafety safety and health management system; and, if the company elects to become or maintain CORESafety certification, complete a third-party assessment of its safety and health management system to verify that it is functionally equivalent to CORESafety and submit the assessment report to NMA. Coeur is the fifth NMA member company to complete each step of this process. SGW Management Systems Specialists, Inc. conducted the independent audit for Coeur. For more information on CORESafety, visit coresafety.org. The National Mining Association (NMA) is the voice of the American mining industry in Washington, D.C. Membership includes more than 325 corporations involved in all aspects of coal and solid minerals production including coal, metal and industrial mineral producers, mineral processors, equipment manufacturers, state mining associations, bulk transporters, engineering firms, consultants, financial institutions and other companies that supply goods and services to the mining industry.
News Article | July 18, 2017
Early investors Core and CFSI call TIO "one of the most impactful fintechs" in the industry LOS ANGELES, CA and CHICAGO, IL--(Marketwired - Jul 18, 2017) - Core Innovation Capital (Core) and the Center for Financial Services Innovation (CFSI) are proud to announce that their portfolio company TIO Networks was acquired by PayPal ( : PYPL) today. CFSI, the nation's authority on financial health, made an early investment in TIO Networks in 2005. Core, a venture capital firm investing in leading financial technology companies, invested in TIO in 2013 as part of their mandate to create value for everyday and underserved Americans. TIO is a cloud-based multi-channel bill payment processor that has processed over $7 billion in payments in 2016 for its 14 million customers. The company delivers convenient access to secure bill pay via kiosk, walk-in, mobile and web solutions. "Our exceptional financial return is further enhanced by the fact that TIO is one of the most impactful fintechs in the industry, now becoming part of PayPal," said Arjan Schütte, founder and managing partner of Core. "PayPal's acquisition of TIO represents one of CFSI's greatest impacts to date," said Jennifer Tescher, founder and CEO of CFSI. "In TIO, we made an early investment that helped a strong innovator become a financial health champion, and the company has built an incredible business around a real consumer pain point, shaped it, and demonstrated that it can be done profitably. Under the larger umbrella of PayPal, TIO should scale even further to benefit more Americans." Seventy-nine percent of TIO's customers are low-to-moderate income, of which a majority pays their bills by giving cash to a teller at a convenience or other retail location. One of the reasons both CFSI and Core invested is that these bills, when expedited, can be extremely expensive. When Core invested in 2013, TIO saved its customers $192 per year on walk-in bill pay charges, relative to the most common alternatives in the market. This translates to an aggregate savings of $290 million in that year alone. TIO is one of the most impactful companies in Core's portfolio in terms of number of customers served and ratio of underserved customers. PayPal's CEO, Dan Schulman, has for years been an outspoken advocate for business doing more to promote financial inclusion and democratizing financial services, and counts the online remittances company, Xoom, as another important asset towards this objective. The TIO sale further underscores PayPal's commitment to be an industry leader in financial health. About Core Core Innovation Capital is a fintech venture capital firm investing in companies committed to empowering small businesses and everyday Americans. Our portfolio companies deliver more efficient, well-designed solutions that save people time and money, create upward mobility, and scale broadly -- driving both profit margins and consumer value. To learn more, visit www.corevc.com and find us on Twitter at @CoreEMC. About CFSI The Center for Financial Services Innovation (CFSI) is the nation's authority on consumer financial health. CFSI leads a network of financial services innovators committed to building a more robust financial services marketplace with higher quality products and services, specifically for those who are struggling. Through its Compass Principles and a lineup of proprietary research, insights, and events, CFSI informs, advises, and connects members of its network to seed the innovation that will transform the financial services landscape. For more on CFSI, go to www.cfsinnovation.org and follow us on Twitter at @CFSInnovation.
Leidy N.K.,Center for Health Outcomes Research |
Wilcox T.K.,Center for Health Outcomes Research |
Jones P.W.,University of London |
Jones P.,University of London |
And 11 more authors.
American Journal of Respiratory and Critical Care Medicine | Year: 2011
Rationale: Although exacerbations are an important problem in chronic obstructive pulmonary disease (COPD) and a target of intervention, there is no valid, standardized tool for assessing their frequency, severity, and duration. Objectives: This study tested the properties of the Exacerbations of Chronic Pulmonary Disease Tool (EXACT), a new patient-reported outcome diary. Methods: A prospective, two-group, observational study was conducted in patients with COPD. The acute group (n = 222) was enrolled during a clinic visit for exacerbation with follow-up visits on Days 10, 29, and 60. The stable group (n = 188), recruited by telephone or during routine visits, was exacerbation free for at least 60 days. Measurements and Main Results: Acute patients completed the diary on Days 1-29 and 60-67; stable patients for 7 days. All patients provided stable-state spirometry and completed the St. George Respiratory Questionnaire-COPD (SGRQ-C). Acute patient assessments included clinician and patient global ratings of exacerbation severity and recovery. Mean age of the sample (n = 410) was 65 (± 10) years; 48% were male; stable FEV1 was 51% predicted (± 20). Internal consistency (Pearson separation index) for the EXACT was 0.92, 1-week reproducibility (stable patients; intraclass correlation) was 0.77. EXACT scores correlated with SGRQ-C (r = 0.64; P < 0.0001) and differentiated acute and stable patients (P<0.0001). In acute patients, scores improved over time (P < 0.0001) and differentiated between degrees of clinician-rated exacerbation severity (P < 0.05). EXACT change scores differentiated responders and nonresponders on Day 10, as judged by clinicians or patients (P < 0.0001). Conclusions: Results suggest the EXACT is reliable, valid, and sensitive to change with exacerbation recovery.
Baes M.,ETH Zurich |
Del Pia A.,ETH Zurich |
Nesterov Y.,CORE |
Onn S.,Technion - Israel Institute of Technology |
Weismantel R.,ETH Zurich
Mathematical Programming | Year: 2012
This paper is about theminimization of Lipschitz-continuous and strongly convex functions over integer points in polytopes. Our results are related to the rate of convergence of a black-box algorithm that iteratively solves special quadratic integer problems with a constant approximation factor. Despite the generality of the underlying problem, we prove that we can find efficiently, with respect to our assumptions regarding the encoding of the problem, a feasible solution whose objective function value is close to the optimal value. We also show that this proximity result is the best possible up to a factor polynomial in the encoding length of the problem. © Springer and Mathematical Optimization Society 2012.
Van Vyve M.,CORE
Mathematical Programming | Year: 2013
In the fixed-charge transportation problem, the goal is to optimally transport goods from depots to clients when there is a fixed cost associated to transportation or, equivalently, to opening an arc in the underlying bipartite graph. We further motivate its study by showing that it is both a special case and a strong relaxation of the big-bucket multi-item lot-sizing problem, and a generalization of a simple variant of the single-node flow set. This paper is essentially a polyhedral analysis of the polynomially solvable special case in which the associated bipartite graph is a path. We give a O (n3)-time optimization algorithm and a O (n2) -size linear programming extended formulation. We describe a new class of inequalities that we call "path-modular" inequalities. We give two distinct proofs of their validity. The first one is direct and crucially relies on sub- and super-modularity of an associated set function. The second proof is by showing that the projection of the extended linear programming formulations onto the original variable space yields exactly the polyhedron described by the path-modular inequalities. Thus we also show that these inequalities suffice to describe the convex hull of the set of feasible solutions. © 2012 Springer and Mathematical Optimization Society.
News Article | November 17, 2016
Core-apps, the leading technology platform for the events industry, announced today the renewal of their partnership with the Professional Convention Management Association (PCMA). Core-apps is pleased to announce that they have been selected to provide mobile apps for PCMA’s signature events in 2017, including the Convening Leaders and Education Conferences. Core-apps will also host a mobile app help desk and a tech kiosk at both events. “Our renewed partnership with PCMA is a testament to the great experience the organization has with our team and our platform,” says Jay Tokosch, Core-apps CEO. “We have always welcomed the opportunity to help our industry colleagues enhance their own events through our technology. This renewed contract gives us the ability to further expand our partnership and to continue to collaborate with PCMA on innovation and experimentation for their audiences and events.” Some of the new features available for the 2017 PCMA event apps include Gamification and the enhanced use of iBeacons. “Our shared goal is to create a mobile app experience for PCMA that complements their focus on education and leadership,” says Tokosch. “We’re building on the momentum from last year and will continue to optimize the PCMA event app user experience. Because of the collaborative nature of our engagement, we view our partnership as not only beneficial to our two organizations, but for the events industry as a whole.” “PCMA is excited to renew our partnership with Core-apps as the provider of our 2017 event apps. This year's enhancements will further advance the experience for our attendees, and the always evolving Core-apps platform plays a key part in our overall digital strategy” said Peter Wigren, PCMA’s Senior Vice President, Digital Strategy and Integrated Media. PCMA’s Convening Leaders event will feature the new app functionality and will be available for attendees to use prior to the January 2017 conference. For more information on this event app partnership, please visit core-apps.com About Core-apps: Core-apps is the leading provider of event technology for the Trade Show and Events Industry. The company supports more than 50% of the Top 250 Trade Shows and is the only event technology platform offering Event Management, Mobile Apps, Beacons and Kiosks as 4 tier-one solutions. Founded in 2009, the company is headquartered in Arnold, Maryland and serves customers around the globe. For more information visit core-apps.com. About PCMA: PCMA inspires, connects and innovates the global business events community. We are the world’s largest community for Business Events Strategists; providing senior education and networking for the events sector. PCMA crafts and shares knowledge and market intelligence enabling organizations to make informed business decisions, while providing a platform for peer-to-peer exchange. Headquartered in Chicago, PCMA has 17 chapters throughout the United States, Canada and Mexico with members in more than 40 countries. For more information visit the PCMA website at pcma.org and the PCMA Convene Magazine website at pcmaconvene.org.
News Article | October 28, 2016
Core10, a full-service financial technology, or fintech, software solutions provider, has opened offices in Huntington, W.Va. The startup, which also has offices in Nashville, is advised by Jim McKelvey, co-founder of Square, and Brad Smith, chairman and CEO of Intuit, among other tech industry heavyweights. Core10 is a pioneer of the new “hereshoring” business model (in contrast to offshoring), that connects cutting-edge technology firms in major metropolitan areas with dedicated teams of technology workers in smaller U.S. cities. “Hereshoring” brings technology jobs to communities and cities in the U.S. that are rich in talent but may have lower costs of living or other financial benefits compared to major metropolitan areas. While many businesses look to move or contract their technology needs well outside the U.S., “hereshoring” looks inward, streamlining communication and logistics while keeping jobs and revenue from leaving the country. Over the next 18 months, Core10 will hire 30 data analysts, developers and QA engineers in the Huntington area. New employees in the Huntington office will work with Core10’s team in Nashville to develop financial technology software for customers in the banking and finance, health care, insurance, logistics, and retail sectors. “I’ve spent the last 15 years connecting technology talent in Nashville with companies that need their skills,” said Jeff Martin, co-founder and CEO of Core10. “I’m passionate about giving tech talent across the U.S. an opportunity to work on innovative projects while staying in their hometowns and know we can do the same for folks in Huntington with Core10.” “Core10 is doing one of my favorite things: solving multiple problems at once by connecting what’s already there,” McKelvey said. “To start, they know there is a shortage of opportunities for technologists in certain geographic areas. So they’re helping those folks partner with value-focused tech companies that need reliable talent but can’t find it domestically.” “We are very excited about the work Core10 is doing and the diversity they bring to the West Virginia economy,” said Keith Burdette, secretary of Commerce for West Virginia. “We have tremendous talent coming out of West Virginia’s colleges and universities with skills the tech industry needs. Not only do we have the human capital, we have a cost of doing business that’s well below the traditional tech hubs. It’s a win-win.” “The potential for igniting entrepreneurship and innovation in West Virginia is unprecedented,” Smith said. “Our state is in the midst of a technology revolution, and is uniquely positioned to capitalize on the opportunity. By tapping into our most precious resource – our creative, values-based and hardworking talent – we are poised to define the next chapter of innovation and growth for West Virginia and beyond.” About Core10 Core10 is a 100 percent U.S.-based software development company that creates financial technology solutions for the banking, health care, insurance and retail verticals, among others. With offices in Huntington, W.Va., and Nashville, Tenn., Core10’s dedicated talent provides world-class outsourced technology expertise at a value without any of the headaches associated with offshoring. By hereshoring fintech software development, Core10 will both build the financial future and help the communities in America’s heartland thrive. To learn more about Core10, visit http://www.core10.io.
News Article | December 5, 2016
WASHINGTON, Dec. 5, 2016 /PRNewswire-USNewswire/ -- The National Mining Association (NMA) today recognized Hecla Mining Company for receiving independent certification under its CORESafety® system. CORESafety's approach to mining safety and health emphasizes accident prevention us...