Metal

Orion Resource Partners sells further minority stake in Sweetwater Royalties

Retrieved on: 
Monday, April 8, 2024

NEW YORK, April 8, 2024 /PRNewswire/ -- Orion Resource Partners LP ("Orion"), a global investment firm specializing in metals and materials, today announces the sale of a minority interest in Sweetwater Royalties ("Sweetwater" or the "Company"), a private industrial minerals royalty company, to a Canadian pension fund. In this transaction Orion has sold an 8% stake in Sweetwater for approximately $100 million, implying a ~$1.9 billion enterprise value for 100% of Sweetwater Royalties. Orion will retain a 67% majority ownership share in the asset, having sold a 25% stake to Ontario Teachers' Pension Plan in March last year for approximately $220 million.

Key Points: 
  • NEW YORK, April 8, 2024 /PRNewswire/ -- Orion Resource Partners LP ("Orion"), a global investment firm specializing in metals and materials, today announces the sale of a minority interest in Sweetwater Royalties ("Sweetwater" or the "Company"), a private industrial minerals royalty company, to a Canadian pension fund.
  • In this transaction Orion has sold an 8% stake in Sweetwater for approximately $100 million, implying a ~$1.9 billion enterprise value for 100% of Sweetwater Royalties.
  • Orion will retain a 67% majority ownership share in the asset, having sold a 25% stake to Ontario Teachers' Pension Plan in March last year for approximately $220 million.
  • Oskar Lewnowski, Founder and Chief Executive Officer of Orion Resource Partners LP said: "This is an outstanding investment for Orion.

ARIS MINING ANNOUNCES APPOINTMENT OF RICHARD ORAZIETTI AS CFO AND OLIVER DACHSEL AS SVP, CAPITAL MARKETS

Retrieved on: 
Monday, April 8, 2024

VANCOUVER, BC, April 8, 2024 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces the appointment of Richard Orazietti as Chief Financial Officer, effective May 16, 2024, and Oliver Dachsel as Senior Vice President, Capital Markets.

Key Points: 
  • VANCOUVER, BC, April 8, 2024 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces the appointment of Richard Orazietti as Chief Financial Officer, effective May 16, 2024, and Oliver Dachsel as Senior Vice President, Capital Markets.
  • Neil Woodyer, CEO of Aris Mining, commented "I am delighted to introduce Oliver and Richard as valuable additions to Aris Mining's management team.
  • Richard brings experience in corporate development, financial planning and reporting within the gold mining sector, having been the Senior Vice President, Treasury and Controller of Goldcorp.
  • Oliver has deep industry connections and corporate finance expertise, having most recently served as a Managing Director on Jefferies' metals & mining investment banking team in New York.

Waste Management Market worth $1598.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, April 8, 2024

Based on waste type, the Waste Management Market is categorized into six categories: Hazardous Waste, E-Waste, Municipal Solid Waste, Medical Waste, Construction & Demolition, Non-Hazardous Industrial waste.

Key Points: 
  • Based on waste type, the Waste Management Market is categorized into six categories: Hazardous Waste, E-Waste, Municipal Solid Waste, Medical Waste, Construction & Demolition, Non-Hazardous Industrial waste.
  • Developing countries like China see a rise in industrial waste generation, while countries like India witness increasing demand for waste management services.
  • In North America, the waste management sector benefits from efficient industrial waste management techniques, an increasing focus on environmental cleanliness, and the primary industrial sectors such as electricity, pharmaceuticals, and oil and gas, which are major consumers of waste management services.
  • (US), Suez (France), Veolia (France), Republic Services (US) & Waste Connections (US) are the market leaders in the Waste Management Market.

Waste Management Market worth $1598.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, April 8, 2024

Based on waste type, the Waste Management Market is categorized into six categories: Hazardous Waste, E-Waste, Municipal Solid Waste, Medical Waste, Construction & Demolition, Non-Hazardous Industrial waste.

Key Points: 
  • Based on waste type, the Waste Management Market is categorized into six categories: Hazardous Waste, E-Waste, Municipal Solid Waste, Medical Waste, Construction & Demolition, Non-Hazardous Industrial waste.
  • Developing countries like China see a rise in industrial waste generation, while countries like India witness increasing demand for waste management services.
  • In North America, the waste management sector benefits from efficient industrial waste management techniques, an increasing focus on environmental cleanliness, and the primary industrial sectors such as electricity, pharmaceuticals, and oil and gas, which are major consumers of waste management services.
  • (US), Suez (France), Veolia (France), Republic Services (US) & Waste Connections (US) are the market leaders in the Waste Management Market.

NVRO announces Management Changes and provides an update on its Proprietary Leaching Technology Commercialization

Retrieved on: 
Monday, March 25, 2024

The Company announces the resignation of Mr. Malcolm Smith as Chief Executive Officer and Member of the Board of Directors.

Key Points: 
  • The Company announces the resignation of Mr. Malcolm Smith as Chief Executive Officer and Member of the Board of Directors.
  • The Company is pleased to announce the re-appointment of Mr. David Cam as Chief Executive.
  • Following this announcement, NVRO’s Board remains unchanged with six continuing members that include four independent members, including the Independent Chair Allan Bezanson.
  • This proprietary technology is subject to additional intellectual property applications by the Company so more details cannot be publicly disclosed at this time.

eIndustrify Launches to Eliminate Friction from Industrial Procurement

Retrieved on: 
Thursday, March 21, 2024

HOUSTON, March 21, 2024 (GLOBE NEWSWIRE) -- Today eIndustrify , a new B2B e-marketplace platform, launches to streamline procurement processes and reduce lead times for buyers.

Key Points: 
  • HOUSTON, March 21, 2024 (GLOBE NEWSWIRE) -- Today eIndustrify , a new B2B e-marketplace platform, launches to streamline procurement processes and reduce lead times for buyers.
  • “Launching eIndustrify is our response to the exponential growth in demand from buyers - 10 times more growth than traditional procurement methods.
  • eIndustrify aims to empower the industrial procurement market through the people and companies already looking to expand their reach.
  • Industrial buyers need quality procurement solutions that give them a competitive edge.

Auri Signs a New Master Distributor Deal

Retrieved on: 
Wednesday, March 20, 2024

DALLAS, TX, March 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auri Inc. (OTCPK: AURI) (the Company) signed with a national distributor for the Champ Knockout Line of Gummies.

Key Points: 
  • DALLAS, TX, March 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auri Inc. (OTCPK: AURI) (the Company) signed with a national distributor for the Champ Knockout Line of Gummies.
  • Today, Auri Inc., is pleased to announce the signing of the Distribution Company in Dallas, Texas.
  • Auri Inc., is extremely excited to have a distributor with over 3,000 accounts, spread throughout North America.
  • Serving customers for over 30 years, and focused on delivering quality products to customers through over 25 states.

Investor Notice: Robbins LLP Informs Investors of Class Action Filed Against SSR Mining Inc. (SSRM)

Retrieved on: 
Tuesday, March 19, 2024

SAN DIEGO, March 19, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired SSR Mining (NASDAQ: SSRM) securities between February 23, 2022 and February 27, 2024.

Key Points: 
  • SAN DIEGO, March 19, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired SSR Mining (NASDAQ: SSRM) securities between February 23, 2022 and February 27, 2024.
  • The Allegations: Robbins LLP is Investigating the Allegations that SSR Mining Inc. (SSRM) Misled Investors Regarding its Safety Practices
    According to the complaint, during the class period, defendants failed to disclose that (1) they materially overstated SSR Mining’s commitment to safety and the efficacy of its safety measures, and (2) SSR Mining engaged in unsafe mining practices, which were reasonably likely to result in a mining disaster.
  • What Now: You may be eligible to participate in the class action against SSR Mining Inc. Shareholders who want to serve as lead plaintiff for the class must file their papers with the court by May 17, 2024.
  • A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.

23andMe Launches New Feature Connecting Customers to Historical Individuals from Hundreds and Even Thousands of Years Ago

Retrieved on: 
Tuesday, March 19, 2024

"23andMe's Historical Matches is a technical breakthrough in our ability to accurately detect genetic connections between customers and historical individuals."

Key Points: 
  • "23andMe's Historical Matches is a technical breakthrough in our ability to accurately detect genetic connections between customers and historical individuals."
  • The new Historical Matches feature leverages the same science applied in a more consumer-friendly and approachable way to making these connections.
  • To create this new feature and connect members to Historical Matches, 23andMe identifies segments of DNA that individuals share with the genetic sequences of historical individuals.
  • The feature relies on publicly available data, scientific publications, and the 23andMe relative matching technology to link to these historical individuals.

ArcelorMittal S.A.: ArcelorMittal announces Kleber Silva to be new CEO of ArcelorMittal Mining

Retrieved on: 
Tuesday, March 19, 2024

ArcelorMittal, the world’s leading steel and mining company, today announces that Kleber Silva is nominated Executive Vice President of ArcelorMittal and appointed as Chief Executive Officer of ArcelorMittal Mining, effective 08 April 2024.

Key Points: 
  • ArcelorMittal, the world’s leading steel and mining company, today announces that Kleber Silva is nominated Executive Vice President of ArcelorMittal and appointed as Chief Executive Officer of ArcelorMittal Mining, effective 08 April 2024.
  • Kleber will report to Aditya Mittal, Chief Executive Officer of ArcelorMittal and he will be a member of the Group Management Committee.
  • ArcelorMittal would like to take this opportunity to thank Stefan for his significant contribution to ArcelorMittal.
  • I am also delighted Kleber is returning to ArcelorMittal – he is a capable and accomplished leader who knows the mining industry and ArcelorMittal very well.