DRA

Compelling Coarse Ore Flotation Results Indicate Throughput Upside for Kharmagtai

Retrieved on: 
Mardi, avril 23, 2024
P80, Copper, Composite, XAM, Economics, TSX, ASX, Water, DRA, XF, Gold, Erie people, ALS, Mining, Significance, HF, Extractive metallurgy

The Eriez HydroFloat test work for evaluating coarse ore flotation has demonstrated excellent results for one of the key uplift scenarios defined in the Kharmagtai Scoping Study1.

Key Points: 
  • The Eriez HydroFloat test work for evaluating coarse ore flotation has demonstrated excellent results for one of the key uplift scenarios defined in the Kharmagtai Scoping Study1.
  • Xanadu’s Executive Chairman and Managing Director, Colin Moorhead said:
    “These results provide strong support for our Scoping Study uplift scenario using coarse ore flotation to improve overall project economics.
  • This uplift is achieved through increasing throughput and accelerating mining and processing rates which ultimately accelerate revenue generation at Kharmagtai.
  • The coarse ore flotation evaluation included head grade analysis and rougher flotation recovery testwork on a composite sample taken from varying deposits, depths, sulphide and alteration types to test coarser grind options.

Federal Home Loan Bank of Dallas Releases 2023 Affordable Housing Advisory Council Annual Report

Retrieved on: 
Mardi, avril 30, 2024
Construction & Property, Finance, Banking, Professional Services, Consumer, Other Construction & Property, Other Consumer, Residential Building & Real Estate, Advisory Council, Small business, FHLB, Housing, Federal Home Loan Banks, Annual report, AHP, AHAC, DRA, Rehabilitation, Bank

The Federal Home Loan Bank of Dallas (FHLB Dallas), a $125.1 billion cooperatively owned wholesale bank in Irving, Texas, is pleased to announce the release of its highly anticipated 2023 Affordable Housing Advisory Council (AHAC) Annual Report.

Key Points: 
  • The Federal Home Loan Bank of Dallas (FHLB Dallas), a $125.1 billion cooperatively owned wholesale bank in Irving, Texas, is pleased to announce the release of its highly anticipated 2023 Affordable Housing Advisory Council (AHAC) Annual Report.
  • This comprehensive report highlights FHLB Dallas' commitment to financing the affordable housing and community investment initiatives of member financial institutions in its five-state region.
  • “We are proud to present our 2023 Affordable Housing Advisory Council Annual Report, which reflects our unwavering dedication to building stronger, more economically vibrant communities,” said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas.
  • The 2023 AHAC Report showcases FHLB Dallas’ ongoing efforts to address critical housing and economic investment needs, while delivering tangible results.

Federal Home Loan Bank of Dallas Commits Nearly $100 Million to Four Key Affordable Housing Initiatives

Retrieved on: 
Mardi, avril 30, 2024
People with Disabilities, Construction & Property, Finance, Banking, Professional Services, Philanthropy, Fund Raising, Consumer, Foundation, Residential Building & Real Estate, SNAP, CRA, FHLB, HELP, Housing, Disability, Federal Home Loan Banks, AHP, Federal Emergency Management Agency, DRA, Rehabilitation, FEMA, Real estate

The Federal Home Loan Bank of Dallas (FHLB Dallas) has made available $99.4 million in grants this year through its Affordable Housing Program (AHP) and AHP homeownership programs.

Key Points: 
  • The Federal Home Loan Bank of Dallas (FHLB Dallas) has made available $99.4 million in grants this year through its Affordable Housing Program (AHP) and AHP homeownership programs.
  • View the $100 Million in AHP video to see the impact of the programs.
  • “Our nation has a critical shortage of affordable housing options,” said FHLB Dallas President and CEO Sanjay Bhasin.
  • “The HELP program sponsored by FHLB Dallas has been tremendous in helping Red River Bank create affordable housing in all of our markets,” said Senior Vice President Jannease Seastrunk, community relations & CRA officer at Red River Bank.

Decomposing systemic risk: the roles of contagion and common exposures

Retrieved on: 
Mardi, avril 23, 2024
Tao, CIBC, Tax, RWA, Risk, European Systemic Risk Board, Research Papers in Economics, Contagion, RT, The Big Six, NBC, International, Shock, Observation, Bank of Canada, HTC, European Economic Association, The Washington Post, Great, JPMorgan Chase, Paper, GM, Environment, Political economy, Journal of Financial Economics, COVID-19, Perception, BNS, Website, Silicon, IAT, Cifuentes, Probability, Balance sheet, RAN, Medical classification, Algorithm, Information technology, Quarterly Journal of Economics, LN, Nature, European Journal, Royal Bank of Canada, Technical report, Journal of Political Economy, Equitable Bank, Bankruptcy, RAI, PDF, Private, ECB, Policy, CHS, Supercapacitor, Social science, Journal of Financial Stability, Intelligence (journal), Elsevier, Home, Cambridge University Press, Journal, Springer Science+Business Media, Research, Classification, Regulation, News, EQB, Credit, Literature, AIK, European Central Bank, COVID, SVAR, Section 5, Management science, DRA, M4, VL, National bank, Government, ISSN, BMO, Panel, International Financial Reporting Standards, BIS, FIS, Basel III, Commerce, Scotiabank, C32, Econometric Society, Interbank, Fraud, Section 4, Bank, Schedule, VAR, Section 3, The Journal of Finance, RBC, Volcanic explosivity index, Fire, Wassily Leontief, Financial economics, Metric, Section 2, L14, Central bank, Superintendent, Bank of Montreal, Kronecker, BOC, Lithium, BCBS, Sale, Macroeconomic Dynamics, Christophe, CWB, LBC, NHA, Imperial Bank, Private equity, Quarterly Journal, National Bank of Canada, C51, Canadian Western Bank, Currency crisis, JEL classification codes, Victor Drai, L.1, MFC, Silicon Valley Bank, EB, Laurentian Bank of Canada, Federal, RA1, Series, W0, FEVD, Journal of Econometrics, Aggregate, University, FRB, MB, Financial institution, Element, Health, Book, Angels & Airwaves, Common, OSFI, GFC, Reproduction, K L, Systematic, Housing, G21, Home Capital Group, Communications satellite

Abstract

Key Points: 
    • Abstract
      We evaluate the effects of contagion and common exposure on banks? capital through
      a regression design inspired by the structural VAR literature and derived from the balance
      sheet identity.
    • Contagion can occur through direct exposures, fire sales, and market-based
      sentiment, while common exposures result from portfolio overlaps.
    • First, we document that contagion varies in time, with the highest levels
      around the Great Financial Crisis and lowest levels during the pandemic.
    • Our new framework complements
      traditional stress-tests focused on single institutions by providing a holistic view of systemic risk.
    • While existing literature presents various contagion narratives, empirical findings on
      distress propagation - a precursor to defaults - remain scarce.
    • We decompose systemic risk into three elements: contagion, common exposures, and idiosyncratic risk, all derived from banks? balance sheet identities.
    • The contagion factor encompasses both sentiment- and contractual-based elements, common exposures consider systemic
      aspects, while idiosyncratic risk encapsulates unique bank-specific risk sources.
    • Our empirical analysis of the Canadian banking system reveals the dynamic nature of contagion, with elevated levels observed during the Global Financial Crisis.
    • In conclusion, our model offers a comprehensive lens for policy intervention analysis and
      scenario evaluations on contagion and systemic risk in banking.
    • This
      notion of systemic risk implies two key components: first, systematic risks (e.g., risks related
      to common exposures) and second, contagion (i.e., an initially idiosyncratic problem becoming
      more widespread throughout the financial system) (see Caruana, 2010).
    • In this paper, we decompose systemic risk into three components: contagion, common exposures, and idiosyncratic risk.
    • First, we include contagion in three forms: sentiment-based contagion, contractual-based
      contagion, and price-mediated contagion.
    • In this context,
      portfolio overlaps create common exposures, implying that bigger overlaps make systematic
      shocks more systemic.
    • With the COVID-19 pandemic starting
      in 2020, contagion drops to all time lows, potentially related to strong fiscal and monetary
      supports.
    • That is, our
      structural model provides a framework for analyzing the impact of policy interventions and
      scenarios on different levels of contagion and systemic risk in the banking system.
    • This provides a complementary approach to
      seminal papers that took a structural approach to contagion, such as DebtRank Battiston et al.
    • More generally, the literature on networks and systemic risk started with Allen and Gale
      (2001) and Eisenberg and Noe (2001).
    • The matrix is structured as follows:
      1

      In our model, we do not distinguish between interbank liabilities and other types of liabilities.

    • In other words, we can and aim to estimate different degrees
      of contagion per asset class, i.e., potentially distinct parameters ?Ga .
    • For that, we build three major
      metrics to check: average contagion, average common exposure, and average idiosyncratic risk.
    • N i j

      et ,
      Further, we define the (N ?K) common exposure matrix as Commt = [A

      (20)

      et ]diag (?C
      ?L

      such that average common exposure reads,
      average common exposure =

      1 XX
      Commik,t .

    • N i j

      (22)

      20

      ? c ),

      The three metrics?average contagion, average common exposure, and average idiosyncratic risk?provide a comprehensive framework for understanding banking dynamics.

    • Figure 4 depicts the average level of risks per systemic risk channel: contagion risk, common exposure, and idiosyncratic risk.
    • Figure 4: Average levels of contagion (Equation (20)), common exposure (Equation (21)), and idiosyncratic risk
      (Equation (22)).
    • The market-based contagion is the contagion due to
      investors? sentiment, and the network is an estimate FEVD on volatility data.
    • For most of
      the sample, we find that contagion had a bigger impact on the variance than common exposures.

Digicel goes live with the BroadForward Diameter Router

Retrieved on: 
Mercredi, février 14, 2024
Transfer, ENUM, SCP, STP, GSMA, DRA, ITP, Intelligence, Digital, Diameter, HTTP/2, SIP, RADIUS, International business, SS7, Heart

AMERSFOORT, The Netherlands, Feb. 13, 2024 /PRNewswire/ -- Digital Operator Digicel today announced it now has gone live with the BroadForward Diameter Routing Agent (DRA). The BroadForward DRA has replaced the legacy DRA systems while the BroadForward STP earlier replaced the IP Transfer Point (ITP) systems that were in use at 26 of Digicel's markets in the Caribbean and Central America. At the heart of the Digicel network, the BroadForward DRA provides intelligent routing and interworking of Diameter signaling traffic between multi-vendor network nodes.

Key Points: 
  • Digicel has deployed both the BroadForward STP and DRA, enabling 3G and 4G routing from a common converged signaling solution , capable of also carrying future 5G signaling traffic
    AMERSFOORT, The Netherlands, Feb. 13, 2024 /PRNewswire/ -- Digital Operator Digicel today announced it now has gone live with the BroadForward Diameter Routing Agent (DRA).
  • The BroadForward DRA has replaced the legacy DRA systems while the BroadForward STP earlier replaced the IP Transfer Point (ITP) systems that were in use at 26 of Digicel's markets in the Caribbean and Central America.
  • At the heart of the Digicel network, the BroadForward DRA provides intelligent routing and interworking of Diameter signaling traffic between multi-vendor network nodes.
  • Each deployed product therefore can call upon on-board support for protocols such as Diameter, SS7, SIP, ENUM, RADIUS, and HTTP/2.

Digicel goes live with the BroadForward Diameter Router

Retrieved on: 
Mercredi, février 14, 2024
Transfer, ENUM, SCP, STP, GSMA, DRA, ITP, Intelligence, Digital, Diameter, HTTP/2, SIP, RADIUS, International business, SS7, Heart

AMERSFOORT, The Netherlands, Feb. 13, 2024 /PRNewswire/ -- Digital Operator Digicel today announced it now has gone live with the BroadForward Diameter Routing Agent (DRA). The BroadForward DRA has replaced the legacy DRA systems while the BroadForward STP earlier replaced the IP Transfer Point (ITP) systems that were in use at 26 of Digicel's markets in the Caribbean and Central America. At the heart of the Digicel network, the BroadForward DRA provides intelligent routing and interworking of Diameter signaling traffic between multi-vendor network nodes.

Key Points: 
  • Digicel has deployed both the BroadForward STP and DRA, enabling 3G and 4G routing from a common converged signaling solution , capable of also carrying future 5G signaling traffic
    AMERSFOORT, The Netherlands, Feb. 13, 2024 /PRNewswire/ -- Digital Operator Digicel today announced it now has gone live with the BroadForward Diameter Routing Agent (DRA).
  • The BroadForward DRA has replaced the legacy DRA systems while the BroadForward STP earlier replaced the IP Transfer Point (ITP) systems that were in use at 26 of Digicel's markets in the Caribbean and Central America.
  • At the heart of the Digicel network, the BroadForward DRA provides intelligent routing and interworking of Diameter signaling traffic between multi-vendor network nodes.
  • Each deployed product therefore can call upon on-board support for protocols such as Diameter, SS7, SIP, ENUM, RADIUS, and HTTP/2.

IT News Africa Convenes Retailers and Tech Experts to Prepare for the Future of African Retail

Retrieved on: 
Jeudi, janvier 25, 2024
IT News Africa, Artificial intelligence, DRA, Internet, Machine learning, Environment, Retail

The 6th Digital Retail Africa 2024 is the premier event providing a platform for retail and technology professionals to not only survive, but thrive in this new era of digital retail.

Key Points: 
  • The 6th Digital Retail Africa 2024 is the premier event providing a platform for retail and technology professionals to not only survive, but thrive in this new era of digital retail.
  • For senior IT executives within major retail enterprises or technology service providers catering to retailers, mark your calendars for Digital Retail Africa 2024 – the paramount event for retail and technology innovation on the African continent.
  • Digital Retail Africa 2024 Highlights:
    The event, slated for January 31, 2024, in Johannesburg, South Africa, will delve into various facets of the digital retail space.
  • Digital Retail Africa 2024 is an indispensable event set to take place in Johannesburg, South Africa, on January 31, 2024.

Updated PEA for Falchani Highlights Robust Economics After-tax NPV8% Triples to US$5.11 Billion, IRR 32.0% and Low Opex $5,093/t LCE

Retrieved on: 
Mercredi, janvier 10, 2024
Lithium, SOP, OPEX, NPV, Caesium, Lithium carbonate, Mining, Economics, Environment, DRA, LOM, LCE, PEA, Capital, Potassium, Sulfate, News

This independent, updated PEA was completed by DRA Global following the updated mineral resource estimate recently completed by Stantec Consulting Services Ltd. (“Stantec” - see news release dated December 15, 2023).

Key Points: 
  • This independent, updated PEA was completed by DRA Global following the updated mineral resource estimate recently completed by Stantec Consulting Services Ltd. (“Stantec” - see news release dated December 15, 2023).
  • The PEA base case envisions 32 years of mining followed by 11 years of stockpile processing over the potential life of mine (“LOM”).
  • The PEA alternative case is identical, but with added production of high purity SOP and Cesium sulfate as by-products from Years 6-43 alongside the initial expansion.
  • Isotopes of cesium are atomic clocks necessary for aircraft guidance systems, global positioning satellites, and internet and cell phone applications.

National Restaurant Association and National Restaurant Association Educational Foundation Name 2024 Boards

Retrieved on: 
Jeudi, janvier 4, 2024
Substance abuse, Trustee, University, Student, DRA, National Restaurant Association, Workforce, American Hotel, White, Spokesperson, Tourism, Wine, History, Syracuse University, School, Grand Rapids, Michigan, Red Robin, Culinary Institute, Restaurant, Pennsylvania State University, Management

WASHINGTON, Jan. 4, 2024 /PRNewswire/ -- The National Restaurant Association and the National Restaurant Association Educational Foundation (NRAEF) today announced their 2024 board officers, directors, and trustees.

Key Points: 
  • WASHINGTON, Jan. 4, 2024 /PRNewswire/ -- The National Restaurant Association and the National Restaurant Association Educational Foundation (NRAEF) today announced their 2024 board officers, directors, and trustees.
  • "The restaurant industry is changing along with the expectations of the customers and communities we serve," said Michelle Korsmo, president & CEO of the National Restaurant Association and CEO of the NRAEF.
  • "As chairs of the Association and Foundation Boards, Jeff and Shaun bring a passion for exceptional dining experiences and community-based leadership.
  • Treasurer: Carrie Leishman is president and CEO of the Delaware Restaurant Association (DRA) and the Delaware Restaurant Association Educational Foundation.

EY US and AuditBoard Announce Expansion of Alliance to Empower Businesses to Better Manage Risks

Retrieved on: 
Jeudi, octobre 19, 2023
Data Management, Security, Technology, Software, Networks, Internet, ESG, EY, Test automation management tools, Automation, Organization, Ernst & Young, Growth, DRA, Risk management, Risk, Risk assessment, Audit

The announcement took place at AuditBoard’s annual Audit & Beyond conference, a hybrid in-person and online gathering of thousands being held in San Diego, California through October 20.

Key Points: 
  • The announcement took place at AuditBoard’s annual Audit & Beyond conference, a hybrid in-person and online gathering of thousands being held in San Diego, California through October 20.
  • This expansion comes as the volume and complexity of risks, as well as the cost of associated regulatory compliance, continue to rise.
  • Scott McCowan , EY Americas Consulting Risk Management Leader, said “Organizations are seeking integrated solutions that combine business and technology components to drive growth and accelerate time to value.
  • “We are thrilled to offer new solutions that bring together AuditBoard’s connected risk technology and EY US’s leading-class risk consulting services to help drive value for their organizations.”