Stantec

Stantec reports $3.9 billion of 2023 revenue aligned with Sustainable Development Goals in 17th annual Sustainability Report

Retrieved on: 
Tuesday, April 2, 2024
Carbon, Federal Highway Administration, Transport, Stantec, Syngnathidae, Biodiversity, Plant, Engineering

The size of three Olympic swimming pools, the new works will reduce operational costs by 40 percent and provide carbon savings of 79 percent.

Key Points: 
  • The size of three Olympic swimming pools, the new works will reduce operational costs by 40 percent and provide carbon savings of 79 percent.
  • Aligned with Canada Green Buildings Council’s Zero Carbon Building Standards, the project will be Manitoba’s first commercial building to achieve Passive House Certification.
  • Stantec worked to install seahorse hotels to help recover population and habitat, including relocation of the species—essentially moving them out of harm’s way.
  • Stantec’s Sustainability Report—which is compliant with the Global Reporting Initiative, Sustainability Accounting Standards Board, and Task Force on Climate-Related Financial Disclosures requirements—captures annual Company ESG performance for the year ending December 31, 2023.

CDM Smith Advances Digital Mastery with Strategic Hire and New Digital Hub

Retrieved on: 
Tuesday, March 19, 2024
NCARB, Innovation, Environment, Digital, Transport, The Digital Hub, Stantec, AEC, Engineering, AIA, CDM, Water, Workforce, Information officer, Digital technology, CDM Smith

Leading the Digital Hub is our strategic new hire, Andrea Springer, AIA, NCARB, who steps into the role of Vice President of Digital Engineering Solutions.

Key Points: 
  • Leading the Digital Hub is our strategic new hire, Andrea Springer, AIA, NCARB, who steps into the role of Vice President of Digital Engineering Solutions.
  • Her appointment is pivotal, reflecting our strategic emphasis on the Digital Hub's role in shaping our digital future.
  • "Bringing Andrea Springer on board marks a defining moment for CDM Smith's digital journey.
  • Through this initiative, we will continue reinforcing our digital foundations, ensuring CDM Smith remains synonymous with technological advancement in the AEC industry.

American Rare Earths’ Scoping Study confirms low-cost, scalable world-class REE project

Retrieved on: 
Monday, March 18, 2024
Tetra, Silica gel, Temperature, Mining, Target, ARR, Mineral Resources Limited, Newmont, Filtration, ESG, ASARCO, Thorium, Economic development, ASX, Public expenditure, Environmental quality, Measurement, Molycorp, Stantec, UP, Base case, Society, Competent person, REE, Mineral, Tetra Tech, Engineering, BNSF, IRR, Chemical engineering, NPV, Resource, Allanite, Cowboy, Goldcorp, Metamictisation, Work, Rare-earth element

We note these prices are not sustainable given current prices are at the cash costs of China Northern Rare Earths.

Key Points: 
  • We note these prices are not sustainable given current prices are at the cash costs of China Northern Rare Earths.
  • The inferred Mineral Resource is not the determining factor in determining the viability of the Halleck Creek Rare Earths project.
  • American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) owns the Halleck Creek, WY and La Paz, AZ rare earth deposits.
  • The Company’s flagship project at Halleck Creek, WY, has the potential to become the largest and most sustainable rare earth projects in North America.

Stantec announces record 2023 earnings, dividend increase of 7.7%, and planned retirement of CFO Theresa Jang

Retrieved on: 
Wednesday, February 28, 2024
Acquisition, Annual report, Marketing, Transport, Water, Stantec, Exercise, Treasury, ESD, City, Morrison Hershfield, LTIP, Engineering, Energy, EPS, GBP, Ecosystem

EDMONTON, Alberta and NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, today reported its results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Stantec now expects that net revenue will increase between 11% and 15% in 2024.
  • Net revenue increased 13.7%, or $609.0 million, to $5.1 billion compared to 2022, primarily driven by 9.9% organic growth and 1.5% acquisition growth.
  • Water delivered exceptional organic growth of 20%, while Environmental Services and the United States achieved double-digit organic growth.
  • The revaluation of Stantec's LTIP in Q4 2023, primarily due to strong share price appreciation, contributed to a lower margin.

American Lithium Files Robust PEA for Falchani Hard Rock Lithium Project with Highlights Including a Tripling of After-tax NPV8 to US$5.11 Billion

Retrieved on: 
Monday, February 26, 2024
Lithium, Technical report, LOM, Project, Mining, News, Technical, Consultant, Health, PEA, Lithium carbonate, Legislation, Accident, MINEM, INGEMMET, Economics, TSX Venture Exchange, Stantec, LCE, Capital, Supreme court, Potassium, Insurance, Sulfate, Nature, Government, Dispute resolution, Geology, Macusani, Caesium, National instrument, Report, Administration, TLC, Environmental impact assessment, SOP, OPEX, Failure, Superior court

“This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting.

Key Points: 
  • “This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting.
  • The filing of the Semi-Detailed Environmental Impact Assessment late last year also positions the Project to be fast-tracked.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings.

Regulators Validate Smith Foundry Testing

Retrieved on: 
Monday, February 12, 2024
Machine Tools, Metalworking & Metallurgy, Environment, Manufacturing, Environmental Policy, Environmental Health, Other Manufacturing, Opacity, Atmosphere, Dust, Multimedia, Investment, Stantec, Airport, Letter, Risk, Health, Safety, Lead, MPCA, Metal, Particulates, EPA, Community, Environmental remediation

Regulators from the Environmental Protection Agency (EPA) and the Minnesota Pollution Control Agency (MPCA) have verified the results of independent stack testing at Smith Foundry and confirmed that Smith Foundry’s air emissions are in compliance with its Minnesota air permit and applicable limits.

Key Points: 
  • Regulators from the Environmental Protection Agency (EPA) and the Minnesota Pollution Control Agency (MPCA) have verified the results of independent stack testing at Smith Foundry and confirmed that Smith Foundry’s air emissions are in compliance with its Minnesota air permit and applicable limits.
  • View the full release here: https://www.businesswire.com/news/home/20240212923502/en/
    Reported testing Dec. 2022 comparison to actual testing Dec. 2023 (Graphic: Business Wire)
    From the Minnesota Pollution Control Agency:
    “The test results, which MPCA shared in late January, verify that Smith Foundry is not emitting more particulate matter than allowed by its permit.
  • “The test results, in addition to the surprise MPCA inspection we passed in November, confirm that Smith Foundry is meeting the state and federal standards for air quality,” said Adolfo Quiroga, president of Smith Foundry.
  • I believe that the test results and the repairs, improvements, and investments we’ve made since purchasing Smith Foundry 13 months ago demonstrate that commitment.

Stantec to release fourth quarter and full-year 2023 results on February 28, 2024 and host conference call on February 29, 2024

Retrieved on: 
Wednesday, February 7, 2024
TSX, Webcast, STN, Engineering, Stantec

EDMONTON, Alberta, Feb. 07, 2024 (GLOBE NEWSWIRE) -- TSX,NYSE: STN

Key Points: 
  • EDMONTON, Alberta, Feb. 07, 2024 (GLOBE NEWSWIRE) -- TSX,NYSE: STN
    Stantec, a global leader in sustainable design and engineering, will release its fourth quarter and full-year 2023 financial results after markets close on Wednesday, February 28, 2024.
  • On Thursday, February 29, 2024, at 7:00 AM Mountain Time (9:00 AM Eastern Time), Gord Johnston, president and chief executive officer, and Theresa Jang, executive vice president and chief financial officer, will hold a webcast and conference call to discuss the Company’s performance.

Michael Baker International Names Fred Krumbhaar Chief Financial Officer for Sustainable and Resilient Solutions Vertical

Retrieved on: 
Wednesday, January 24, 2024
MEP, Architecture, Business administration, University, Georgetown University, Sustainability, Strategic planning, Stantec, Acquisition, Telecommunications, Engineering, SRS, Growth, Management

PITTSBURGH, Jan. 24, 2024 /PRNewswire/ -- Michael Baker International, a global leader in engineering, planning and consulting services, today announced that Fred Krumbhaar has joined the firm as Chief Financial Officer for the Sustainable and Resilient Solutions (SRS) vertical, which encompasses its mechanical, electrical and plumbing (MEP), structural engineering, architecture, telecommunications, cybersecurity and fire protection services. In this role, Mr. Krumbhaar will provide day-to-day oversight of SRS financial operations, including financial monitoring, financial forecasting and business analysis. He will also contribute to the company's business strategy and organization as it positions commercial growth and expansion into new markets and geographies.

Key Points: 
  • PITTSBURGH, Jan. 24, 2024 /PRNewswire/ -- Michael Baker International , a global leader in engineering, planning and consulting services, today announced that Fred Krumbhaar has joined the firm as Chief Financial Officer for the Sustainable and Resilient Solutions (SRS) vertical, which encompasses its mechanical, electrical and plumbing (MEP), structural engineering, architecture, telecommunications, cybersecurity and fire protection services.
  • In this role, Mr. Krumbhaar will provide day-to-day oversight of SRS financial operations, including financial monitoring, financial forecasting and business analysis.
  • "Fred brings more than 25 years of experience to his new role and has proven himself to be a strategic business builder with deep expertise," said Dennis Berlien, P.E., President, Sustainable and Resilient Solutions, at Michael Baker International.
  • "In his new role, Fred will oversee SRS financial operations as we focus on growing and maturing our business.

Parks Canada's underwater archaeologists complete seasonal research at Wrecks of HMS Erebus and HMS Terror National Historic Site

Retrieved on: 
Monday, January 22, 2024
Royal Navy, Research, Government, Collection, Life, HMS Erebus, Science, Wrecks, Ship, Exhibition, Nattilik Heritage Centre, Research vessel, Franklin's lost expedition, Stantec, Gjoa Haven, Fossil, HMS, Parks Canada, Indigenous peoples, Artifact, Engineering, Tourism

The research team conducted sixty-eight dives during a twelve-day period to continue investigating and documenting the wreck of HMS Erebus.

Key Points: 
  • The research team conducted sixty-eight dives during a twelve-day period to continue investigating and documenting the wreck of HMS Erebus.
  • The Wrecks of HMS Erebus and HMS Terror National Historic Site is co-managed by Parks Canada and the Nattilik Heritage Society.
  • "The Kitikmeot Inuit Association is pleased that the underwater archaeology team had a successful and safe season at the Wrecks of HMS Erebus and HMS Terror National Historic Site.
  • This research will help Parks Canada understand climate change-related threats to the wrecks of the HMS Erebus and HMS Terror, and what mitigation measures may be needed.

Stantec announces renewal of Normal Course Issuer Bid and Automatic Share Purchase Plan

Retrieved on: 
Monday, December 11, 2023
Documentation, Acquisition, Stantec, STN, Calendar, Engineering, TSX, Toronto Stock Exchange, Security (finance)

Pursuant to the NCIB documentation filed with the TSX, Stantec may purchase up to 2,281,339 common shares, representing approximately 2% of Stantec’s 114,066,995 issued and outstanding common shares as of December 1, 2023.

Key Points: 
  • Pursuant to the NCIB documentation filed with the TSX, Stantec may purchase up to 2,281,339 common shares, representing approximately 2% of Stantec’s 114,066,995 issued and outstanding common shares as of December 1, 2023.
  • From November 16, 2022 to November 15, 2023, Stantec purchased 129,036 common shares at a weighted average price of $77.25 per share.
  • Outside of these black-out periods, common shares will be purchasable by Stantec at its discretion under its NCIB, once effective.
  • The ASPP constitutes an “automatic securities purchase plan” under applicable Canadian securities laws.