Natural Resources

Offshore Wind Energy Facility “Vineyard Wind 1” Wins Prestigious 2024 EBC Ruth H. Silman Award for Climate Change from Environmental Business Council of New England

Retrieved on: 
Tuesday, April 9, 2024

Epsilon Associates, Inc. (Epsilon) is pleased to announce that the Environmental Business Council of New England (EBC) has awarded its prestigious “EBC Ruth H. Silman Award for Climate Change Project of the Year” to Vineyard Wind 1.

Key Points: 
  • Epsilon Associates, Inc. (Epsilon) is pleased to announce that the Environmental Business Council of New England (EBC) has awarded its prestigious “EBC Ruth H. Silman Award for Climate Change Project of the Year” to Vineyard Wind 1.
  • The Vineyard Wind 1 energy generation facility, a joint venture between Avangrid and Copenhagen Infrastructure Partners, is the first large-scale offshore wind project in the United States.
  • Located on the outer continental shelf, the 806 MW facility consists of 62 wind turbines over 800 feet high.
  • Vineyard Wind 1 first delivered energy to the grid on January 2, 2024, through the substation in Hyannis, Massachusetts.

Fortune Minerals Announces Arrival of Samples at SGS Canada in Lakefield, Ontario for Metallurgical Testing

Retrieved on: 
Monday, April 8, 2024

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) ( www.fortuneminerals.com ) is pleased to announce the successful delivery of ore samples from the NICO cobalt-gold-bismuth-copper deposit (“NICO Deposit”) in the Northwest Territories (“NWT”) to SGS Canada Inc. in Lakefield, Ontario.

Key Points: 
  • Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) ( www.fortuneminerals.com ) is pleased to announce the successful delivery of ore samples from the NICO cobalt-gold-bismuth-copper deposit (“NICO Deposit”) in the Northwest Territories (“NWT”) to SGS Canada Inc. in Lakefield, Ontario.
  • Development of the NICO Project would provide a North American supply of three Critical Minerals needed for the energy transition, new technologies, and growing green economy.
  • These will be blended with Fortune test products at SGS Canada Inc. to validate the recovery of the contained metals using the Alberta Refinery metallurgical flow sheet.
  • The JFSL site is an ideal location to construct the Fortune refinery and expand the Edmonton area as a Critical Minerals processing hub in western Canada.

EPIC Y-Grade Completes Issuance of New $1,075 Million Senior Secured Term Loan B

Retrieved on: 
Monday, April 8, 2024

EPIC Y-Grade, LP (“EPIC” or “the Company”) today announced that it has completed the issuance of a new $1,075 million senior secured Term Loan B due 2029.

Key Points: 
  • EPIC Y-Grade, LP (“EPIC” or “the Company”) today announced that it has completed the issuance of a new $1,075 million senior secured Term Loan B due 2029.
  • The Company used the net proceeds from the Term Loan to repay its existing $989 million Term Loan B due 2027 and repay its existing $77 million facility on a standalone propane line.
  • As part of the transaction, the Company also increased its current super-priority revolving credit facility to $70 million from $40 million and extended the facility’s maturity date to 2029.
  • We’re pleased that companies are continuing to expand their y-grade positions in Corpus Christi with EPIC Midstream.”

Zimbabwe Agri-business Industry Report 2023: Local and International Influences, Competitive Environment, Outlook, Industry Associations - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

The "The Agri-business Sector in Zimbabwe 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Agri-business Sector in Zimbabwe 2023" report has been added to ResearchAndMarkets.com's offering.
  • The agribusiness industry is one of Zimbabwe's most important economic growth drivers together with mining and tourism.
  • All farm land belongs to the state and farmers are issued with 99-year lease agreements.
  • Zimbabwe's GDP growth is projected at 3.2% in 2023 up from 3.0% in 2022, anchored by agriculture, mining, and services.

LP Building Solutions Recognized as Sustainable Brand Leader by Green Builder Media’s 2024 Brand Index

Retrieved on: 
Monday, April 8, 2024

LP Building Solutions (LP), a leading manufacturer of high-performance building products, is proud to announce that LP® SmartSide® Trim & Siding was recognized as Green Builder Media’s Sustainable Brand Leader for the Siding category in its 2024 Brand Index .

Key Points: 
  • LP Building Solutions (LP), a leading manufacturer of high-performance building products, is proud to announce that LP® SmartSide® Trim & Siding was recognized as Green Builder Media’s Sustainable Brand Leader for the Siding category in its 2024 Brand Index .
  • LP® Structural Solutions and LP WeatherLogic® Air & Water Barrier were awarded top 10 recognitions in the Structural and Building Wrap categories, respectively.
  • The Brand Index looks at market trends and builder sentiment to evaluate products in the green building marketplace.
  • View the full release here: https://www.businesswire.com/news/home/20240408123312/en/
    LP Building Solutions recognized as Sustainable Brand Leader by Green Builder Media’s 2024 Brand Index.

Temescal Wellness 4/20 For The People Initiative Sparks a Movement in the Cannabis Industry

Retrieved on: 
Monday, April 8, 2024

Temescal Wellness , the life cannabis company, has once again designated 4/20 as a paid holiday for team members at its dispensary locations in Massachusetts and production facilities.

Key Points: 
  • Temescal Wellness , the life cannabis company, has once again designated 4/20 as a paid holiday for team members at its dispensary locations in Massachusetts and production facilities.
  • “Some have questioned our strategy of closing on one of the most profitable days of the year.
  • Temescal Wellness has three cannabis dispensaries in Massachusetts, licensed for medical and recreational sales, in Framingham, Hudson, and Pittsfield.
  • Customers can shop the Framingham Cannabis menu , the Hudson Cannabis menu , or the Pittsfield Cannabis menu online.

Pan American Silver reports additional high-grade drill results from the La Colorada Skarn project

Retrieved on: 
Monday, April 8, 2024

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") releases results from the ongoing infill and geotechnical drill program at its La Colorada Skarn project in Zacatecas, Mexico (the "La Colorada Skarn").

Key Points: 
  • Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") releases results from the ongoing infill and geotechnical drill program at its La Colorada Skarn project in Zacatecas, Mexico (the "La Colorada Skarn").
  • Eight new drill holes totaling 8,101 metres returned additional wide intercepts from the 902 mineralized zone of the western part of the La Colorada Skarn.
  • Drill hole U-121-22 returned the highest-grade interval to date with 22.50 metres at 1,435 g/t Ag, 31.93% Pb and 20.49% Zn.
  • View the full release here: https://www.businesswire.com/news/home/20240407764983/en/
    La Colorada Skarn Plan View (Graphic: Business Wire)
    “The 902 zone at the La Colorada Skarn continues to return long intercepts in multiple drill holes, with the most recent drill holes returning some of the highest grade intercepts since we discovered the La Colorada Skarn in 2018.

Yinhawangka People and Rio Tinto partner to co-design ‘Living Cultures Program’

Retrieved on: 
Monday, April 8, 2024

The Yinhawangka Aboriginal Corporation and Rio Tinto have collaborated to design a new program aimed at protecting and preserving Yinhawangka culture and supporting a strong, healthy and connected Yinhawangka People.

Key Points: 
  • The Yinhawangka Aboriginal Corporation and Rio Tinto have collaborated to design a new program aimed at protecting and preserving Yinhawangka culture and supporting a strong, healthy and connected Yinhawangka People.
  • Rio Tinto will provide $9.5 million to the ‘Living Cultures Program’ over six years.
  • Yinhawangka Aboriginal Corporation Chair, Lorraine Injie said "Firstly, let me acknowledge the hard work and dedication of the Yinhawangka people and Rio Tinto in bringing to life this Living Cultures Project.
  • “I look forward to furthering the close working partnership between Yinhawangka Aboriginal Corporation and Rio Tinto.

Rio Tinto appoints Bold Baatar as Chief Commercial Officer

Retrieved on: 
Sunday, April 7, 2024

Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer, to lead the Group’s commercial and business development activities globally.

Key Points: 
  • Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer, to lead the Group’s commercial and business development activities globally.
  • Bold will succeed Alf Barrios as Chief Commercial Officer, following his decision to retire from Rio Tinto.
  • Bold, who is currently Chief Executive Copper, will take on accountability for business development immediately, and will relocate to Singapore to take up the role of Chief Commercial Officer on 1 September 2024.
  • Rio Tinto Chief Executive Jakob Stausholm said: "Bold is ideally suited to help deliver our strategy of building a stronger Rio Tinto for the future and growing with discipline, as he leads our commercial and business development activities.

Databricks Launches Data Intelligence Platform for Energy, Bringing Generative AI Capabilities to the Energy Sector

Retrieved on: 
Tuesday, April 9, 2024

SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced the Data Intelligence Platform for Energy, a unified platform bringing the power of AI to data and people across the energy sector. Built on an open lakehouse architecture, Databricks' Data Intelligence Platform for Energy enables enterprises to harness vast streams of energy data and develop generative AI applications without sacrificing data privacy or their confidential IP. Energy leaders gain a holistic view into their operations in real time to preemptively address maintenance needs, reduce unplanned downtime, accurately forecast energy generation, and take action for a more efficient, sustainable future.

Key Points: 
  • New Databricks offering provides pre-built accelerators, marketplace solutions, and an ecosystem of partner capabilities tailored to organizations across the energy industry
    SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Databricks , the Data and AI company, today announced the Data Intelligence Platform for Energy, a unified platform bringing the power of AI to data and people across the energy sector.
  • Built on an open lakehouse architecture, Databricks' Data Intelligence Platform for Energy enables enterprises to harness vast streams of energy data and develop generative AI applications without sacrificing data privacy or their confidential IP.
  • Databricks' Data Intelligence Platform for Energy plays a key role in this, allowing us to process and analyze large data sets generated by smart meters," said David Sykes, Head of Data at Octopus Energy.
  • For more information about the Data Intelligence Platform for Energy, read the Databricks blog or visit Databricks' Energy Industry homepage .