PGE

Vallourec First Quarter 2024 Results

Retrieved on: 
木曜日, 5月 16, 2024
AMF, ABL, Iron, S&P, Growth, RCF, Treasury, Nature, Income tax, PGE, Mobile phone

In Q1 2024, Vallourec recorded revenues of €990 million, down (26%) year over year, which was also (26%) at constant exchange rates.

Key Points: 
  • In Q1 2024, Vallourec recorded revenues of €990 million, down (26%) year over year, which was also (26%) at constant exchange rates.
  • Net interest expense in Q1 2024 was (€15) million compared to (€26) million in Q1 2023.
  • Mine & Forest: In Q1 2024, iron ore production sold was 1.4 million tonnes, decreasing by 9% year over year.
  • In the second quarter of 2024, based on our assumptions and current market conditions, Vallourec expects:
    Group EBITDA to moderately decline versus Q1 due to US Tubes market dynamics:
    For the full year 2024, based on our assumptions and current market conditions, Vallourec expects:
    Group EBITDA margin to remain strong through 2024, driven by:
    Continued strong performance in Tubes, due to robust international Tubes pricing in backlog and further operational improvement
    This press release includes forward-looking statements.

/R E P E A T -- Power Nickel delineates New Polymetallic Discovery/

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月曜日, 5月 13, 2024
AG, Dry, Calibration, Orientation, USD, News, QAQC, CRM, ICP-OES, Laboratory, Lynch, Consultant, GeoVector, Observation, Knowledge, Rb, The Company, Project, PGE, Palladium

Holes 48 and 53 are examples of the former, while a hole like 47 is coming from that 100-metre-wide core zone.

Key Points: 
  • Holes 48 and 53 are examples of the former, while a hole like 47 is coming from that 100-metre-wide core zone.
  • The system starts essentially at surface and goes down to 275 metres," commented Terry Lynch, Power Nickel CEO.
  • Power Nickel will continue to drill at the Lion Discovery in the upcoming summer season, following up PN-24-051 and PN-24-062, the deepest mineralized intersections to date.
  • Kenneth Williamson, Géo, M.Sc., VP Exploration at Power Nickel, is the qualified person who has reviewed and approved the technical disclosure contained in this news release.

Power Nickel delineates New Polymetallic Discovery

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金曜日, 5月 10, 2024
AG, Dry, Calibration, Orientation, USD, News, QAQC, CRM, ICP-OES, Laboratory, Lynch, Consultant, GeoVector, Observation, Knowledge, Rb, The Company, Project, PGE, Palladium

The system starts essentially at surface and goes down to 275 metres," commented Terry Lynch, Power Nickel CEO.

Key Points: 
  • The system starts essentially at surface and goes down to 275 metres," commented Terry Lynch, Power Nickel CEO.
  • Power Nickel will continue to drill at the Lion Discovery in the upcoming summer season, following up PN-24-051 and PN-24-062, the deepest mineralized intersections to date.
  • Actlabs is a commercial laboratory independent of Power Nickel with no interest in the Project.
  • Kenneth Williamson, Géo, M.Sc., VP Exploration at Power Nickel, is the qualified person who has reviewed and approved the technical disclosure contained in this news release.

Canadian North Resources Files NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Ferguson Lake Project in Nunavut, Canada

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月曜日, 5月 6, 2024
Copper, NSR, Project, Rhodium, Silver, PGM, Metal, Resource, PD, Technical report, Mineral, Cobalt, Mineral Resources Limited, Gold, Platinum, Technical, National instrument, Palladium, CNRI, SRK, PGE, Note, Nickel

TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce that following the release of the Mineral Resource estimate on March 19, 2024, it has filed its National Instrument 43-101 Technical Report on its 100% owned Ferguson Lake base metal (nickel, copper, cobalt) and platinum-group metals (“PGM”, palladium and platinum) Project (“the Ferguson Lake Project” or “the Project”), entitled “Independent Technical Report on the Mineral Resource Estimate for the Ferguson Lake Project, Nunavut, Canada (“the Technical Report”)”, prepared by SRK Consulting and Ronacher McKenzie Geoscience Inc., effective March 19, 2024, on SEDAR at http://www.sedar+.com. The Technical Report has also been posted on the Company’s website at www.cnresources.com.

Key Points: 
  • 80% of the Indicated Mineral Resources are Open Pit comprising 52.7Mt at 0.65% Cu, 0.43% Ni, 0.05% Co, 0.97g/t Pd and 0.17% Pt.
  • The Mineral Resources are estimated only for the West, Central and East Zone of the 15km long main mineralized horizon.
  • The Mineral Resource model indicates potential for continued Mineral Resource expansion along strike and at depth over the mineralized horizon.
  • Table 1: Mineral Resource Statement*, Ferguson Lake Project, Nunavut, SRK Consulting (Canada) Inc., March 19, 2024
    Mineral Resource Statement, Ferguson Lake Project, Canada.

Novo Resources Corp. March Quarterly Update

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金曜日, 5月 3, 2024
Well, Diamond, Lithium, Quartz, Copper, NGP, Investment, Joint venture, JV, Soil, Geology, IP, News, Sociedad, Morazán, Gold, EGC, LCT, Quarter, Anomaly, RC, LREE, Safety, ASX, Light, Withnell, Clutch (eggs), PGE, WNW, Sale, Lead, Silver, PD, Environment, PB, Priority, Mining

Significant exploration results delivered across Novo Resource’s (Novo or the Company) Western Australian gold portfolio, notably at the Becher and Nunyerry North Projects.

Key Points: 
  • Significant exploration results delivered across Novo Resource’s (Novo or the Company) Western Australian gold portfolio, notably at the Becher and Nunyerry North Projects.
  • Novo completed a maiden RC drilling program of 30 holes for 2,424 m at Nunyerry North in Q4 2023.
  • Novo retained its 20% share of battery mineral rights as well as all gold and silver rights on these tenements.
  • As at 31 March 2024, Novo had a cash balance of A$16.7 million (C$15 million).

Oracle Energy and Water Awards Recognize Utilities Leading in Industry Transformation and Innovation

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水曜日, 5月 1, 2024
Cloud, Digital technology, BGE, Oracle Cloud, Electricity, Water, Oracle, Human, History, EV, Public utility, Portland General Electric, OCI, Baltimore Gas and Electric, Metre, PGE, LMI, JXN

AUSTIN, Texas, May 1, 2024 /PRNewswire/ -- Utilities are turning to modern digital technology as they face growing pressure to maintain grid reliability, improve customer service, and balance decarbonization goals. The annual Oracle Energy and Water Awards recognize some of the most progressive utilities in the world tackling these and other challenges. The 2024 winners include Exelon, JXN Water, and Portland General Electric. 

Key Points: 
  • The annual Oracle Energy and Water Awards recognize some of the most progressive utilities in the world tackling these and other challenges.
  • "As the water and energy landscapes and customer needs rapidly evolve, it is paramount for utilities to implement solutions that effectively help them meet their ambitious goals," said Creighton Oyler, senior vice president and general manager, Oracle Energy and Water.
  • In tandem, Oracle Utilities solutions now provide an online customer portal and Oracle Customer Experience (CX) for Utilities manages call center service requests.
  • The Oracle Energy and Water Awards were presented in late March during the Oracle Energy and Water Customer Edge conference in Austin, Texas.

Power Nickel Engages Global Expert Dr. Steve Beresford to Provide Technical & Strategic Advice

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水曜日, 5月 1, 2024
University, Polymetal, News, Private, TSX, Doctor of Philosophy, MMG, Income Tax Act, Knowledge, WMC Resources, Bachelor of Science, IGO, Mining, Lynch, PGE, TSX Venture Exchange

Steve is currently an Adjunct Professor at the University of Western Australia, and a board member of AGEMERA in Europe.

Key Points: 
  • Steve is currently an Adjunct Professor at the University of Western Australia, and a board member of AGEMERA in Europe.
  • Ken Williamson VP of Exploration and I had a technical discussion with Dr. Beresford, and we were able to convince him to help.
  • In explaining why he joined Power Nickel, Dr. Beresford said: "A base jumper needs over 500 solo dives to commence in a wing suit.
  • Kenneth Williamson, Géo, M.Sc., VP Exploration at Power Nickel, is the qualified person who has reviewed and approved the technical disclosure contained in this news release.

Vallourec progresses its holistic balance sheet refinancing with successful pricing of its 2032 Senior Notes offering

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木曜日, 4月 18, 2024
Sale, Prospectus, Person, Investment, Nature, RCF, EEA, Finance, FSMA, S&P, Environment, Senior, Vallourec, Order, Financial services, PGE, Security (finance)

The offering of the Notes is expected to close on April 23, 2024, subject to customary closing conditions.

Key Points: 
  • The offering of the Notes is expected to close on April 23, 2024, subject to customary closing conditions.
  • Philippe Guillemot, Chairman of the Board of Directors, and Chief Executive Officer, declared: “I am extremely pleased with the results of this transaction and our overall balance sheet refinancing.
  • This step further strengthens Vallourec's financial position and sustainably improves its cash flow generation.
  • The completion of this transaction will give us both greater visibility and financial flexibility over the coming years.

Vallourec announces an offering of $820 million of 8-year Senior Notes

Retrieved on: 
火曜日, 4月 16, 2024
Debt-to-GDP ratio, Sale, Prospectus, Person, Offering, ABL, Investment, Nature, RCF, EEA, Finance, FSMA, Environment, Amend, Vallourec, Order, Financial services, PGE, Security (finance)

Meudon (France), April 16, 2024 – Vallourec, a world leader in premium tubular solutions, announces today the launch of an offering of its Senior Notes due 2032 (the “Notes”) in an aggregate principal amount of $820 million (the “Offering”).

Key Points: 
  • Meudon (France), April 16, 2024 – Vallourec, a world leader in premium tubular solutions, announces today the launch of an offering of its Senior Notes due 2032 (the “Notes”) in an aggregate principal amount of $820 million (the “Offering”).
  • This press release is not an offer of securities for sale in the United States.
  • This announcement does not constitute a prospectus within the meaning of the Prospectus Regulation or an offer to the public.
  • This announcement does not constitute a prospectus within the meaning of the UK Prospectus Regulation or an offer to the public.

Portland General Electric declares dividend

Retrieved on: 
金曜日, 4月 19, 2024
Portland General Electric, PGE

PORTLAND, Ore., April 19, 2024 /PRNewswire/ -- On April 19, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share, representing an increase of 5.3%, or $0.10 per share, on an annualized basis.

Key Points: 
  • PORTLAND, Ore., April 19, 2024 /PRNewswire/ -- On April 19, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share, representing an increase of 5.3%, or $0.10 per share, on an annualized basis.
  • The company's dividend is evaluated based on capital requirements and financial performance.
  • PGE targets a dividend payout ratio of 60 to 70% over the long term.
  • The quarterly dividend is payable on or before July 15, 2024, to shareholders of record at the close of business on June 24, 2024.