NL

Government of Canada invests an additional $10.3 million to bring high-speed Internet access to more than 1,000 Indigenous homes

Retrieved on: 
Tuesday, August 15, 2023
Bell, Bell Canada, Government of Newfoundland and Labrador, Service Canada, Regional Development Agency (Canada), Atlantic Canada, Government, Minister of Rural Economic Development, Organization, Internet, Investment, Data-rate units, UBF, Natural Resources, NL, Consensus government in Canada, Parliament, BCE Inc., Internet service provider, Television, Crown–Indigenous Relations and Northern Affairs Canada, Nunatsiavut

This additional funding will help ensure the successful completion of the project and that households in these Indigenous communities get connected to high-speed Internet.

Key Points: 
  • This additional funding will help ensure the successful completion of the project and that households in these Indigenous communities get connected to high-speed Internet.
  • Today's announcement builds on the Government of Canada's progress toward ensuring that 98% of Canadians have access to high-speed Internet by 2026, and 100% by 2030.
  • This additional investment will provide reliable high-speed Internet access to more than 1,000 Indigenous homes in six rural and remote communities in Newfoundland and Labrador."
  • Since 2015, the Government of Canada has invested more than $147 million in connectivity projects in Newfoundland and Labrador.

Marathon Gold Announces 2023 Second Quarter Results

Retrieved on: 
Thursday, August 10, 2023
Capital expenditure, Leprechaun, Marathon, Star Lake, NSR, MRE, Person, Sale, National instrument, NI, Project, NL, KV, News, Cryptocurrency, Life insurance, Geology, Franco-Nevada

General and administrative expenses increased from $0.86 million and $3.18 million in the three and six months ended June 30, 2022, respectively, to $4.45 million and $6.21 million in the comparable period in 2023.

Key Points: 
  • General and administrative expenses increased from $0.86 million and $3.18 million in the three and six months ended June 30, 2022, respectively, to $4.45 million and $6.21 million in the comparable period in 2023.
  • Finance income, net increased from $0.18 million and $0.28 million in the three and six months ended June 30, 2022, respectively, to $5.64 million and $6.71 million in the comparable period in 2023.
  • (NL), Vice President, Regulatory and Government Affairs for Marathon and Mr. David Ross, P.Geo.
  • (NL), of APEX Geoscience Ltd. is a Qualified Person for purposes of NI 43-101, is independent of Marathon and the Valentine Gold Project, and has reviewed and takes responsibility for the updated 2022 MRE prepared by John T. Boyd Company.

VALHI REPORTS SECOND QUARTER 2023 RESULTS

Retrieved on: 
Thursday, August 3, 2023
Insurance, Bankruptcy, Zinc, Titanium dioxide, Chapter 11, Title 11, United States Code, Aluminium, VHI, COVID-19, Environmental health, Property, Steel, Sale, Government, Development, United States bankruptcy court, Chemical substance, Gross domestic product, Corporation, NL, Growth, Biophysical environment, Saratov Electrical Components Production Association, NYSE, Safety, Video game, Real estate, Risk management, Renewable energy, Network equipment provider, Environmental remediation, Lake Mead, Valhi, Inc.

The Chemicals Segment’s TiO2 sales volumes were 26% lower in the second quarter of 2023 as compared to the second quarter of 2022 and 28% lower in the first six months of 2023 as compared to the first six months of 2022.

Key Points: 
  • The Chemicals Segment’s TiO2 sales volumes were 26% lower in the second quarter of 2023 as compared to the second quarter of 2022 and 28% lower in the first six months of 2023 as compared to the first six months of 2022.
  • Average TiO2 selling prices were 2% lower in the second quarter of 2023 as compared to the second quarter of 2022 and 1% higher in the first six months of 2023 as compared to the first six months of 2022.
  • Changes in currency exchange rates had a nominal effect on net sales in the second quarter of 2023 as compared to the second quarter of 2022.
  • TiO2 production volumes were 33% lower in the second quarter of 2023 compared to the second quarter of 2022 and 28% lower in the first six months of 2023 compared to the same period of 2022.

Miawpukek Horizon Joins Forces With EverWind Fuels to Advance Atlantic Canadian Green Energy Hub

Retrieved on: 
Thursday, August 3, 2023
Burin Peninsula, NL, Atlantic Canada, LPG, Partnership, Person, Renewable energy

The vessel will require a full-time crew of up to 16 people, and will be managed and crewed by Miawpukek Horizon, with a priority towards recruiting and training Indigenous mariners.

Key Points: 
  • The vessel will require a full-time crew of up to 16 people, and will be managed and crewed by Miawpukek Horizon, with a priority towards recruiting and training Indigenous mariners.
  • "EverWind is committed to building meaningful commercial partnerships with Indigenous communities and is proud to announce our latest Indigenous commercial partnership," explains EverWind CEO, Trent Vichie.
  • "We are also proud to champion the development of Canada's first green fuel transshipment corridor between our two projects.
  • This marks an important step in the development of an Atlantic Canadian green energy hub, with jobs being created here in Newfoundland and Labrador."

Government of Canada to Fund Crisis Hotlines Responding to Gender-Based Violence in Newfoundland and Labrador

Retrieved on: 
Thursday, August 3, 2023
Survivor, FPT, Plan, Minister of Federal/Provincial Relations (Manitoba), Gender equality, The Honourable, Violence, Disability, Minister responsible for the Status of Women (Manitoba), COVID-19, Federal, Indigenous, Government, Organization, GBV, NL, Consensus government in Canada, Punjab Commission on the Status of Women, Government of Newfoundland and Labrador, Nursing, Territory, Woman

This funding will help Newfoundland and Labrador crisis hotlines offer more robust services, resources, and supports to serve the urgent needs of those experiencing gender-based violence.

Key Points: 
  • This funding will help Newfoundland and Labrador crisis hotlines offer more robust services, resources, and supports to serve the urgent needs of those experiencing gender-based violence.
  • "Crisis hotlines are a lifeline for women fleeing domestic violence because they serve as a connection to safe resources.
  • Today, we are proud to provide the Government of Newfoundland and Labrador with the support they need, as we sign yet another agreement to support crisis hotlines.
  • "Crisis hotlines provide critical support services and can often be a lifeline to survivors of sexual and gender-based violence.

NL REPORTS SECOND QUARTER 2023 RESULTS

Retrieved on: 
Wednesday, August 2, 2023
Zinc, Interest, Titanium dioxide, Aluminium, NL Industries, COVID-19, Environmental health, Steel, Hurricane Laura, Government, Potential, Gross domestic product, HP Enterprise Security Products, Corporation, NL, Growth, NYSE, Safety, Video game, Bank, Reinsurance, Risk management, Renewable energy, Network equipment provider, Kronos

Dallas, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported a net loss attributable to NL stockholders of $3.1 million, or $.06 per share, in the second quarter of 2023 compared to net income attributable to NL stockholders of $30.2 million, or $.62 per share, in the second quarter of 2022.

Key Points: 
  • Dallas, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today reported a net loss attributable to NL stockholders of $3.1 million, or $.06 per share, in the second quarter of 2023 compared to net income attributable to NL stockholders of $30.2 million, or $.62 per share, in the second quarter of 2022.
  • NL results include an unrealized loss of $5.4 million in the second quarter of 2023 related to the change in value of marketable equity securities compared to an unrealized gain of $19.2 million in the second quarter of 2022.
  • NL recognized equity in losses of Kronos of $2.6 million in the second quarter of 2023 compared to equity in earnings of $14.0 million in the second quarter of 2022.
  • Kronos’ net sales of $443.2 million in the second quarter of 2023 were $122.1 million, or 22%, lower than in the second quarter of 2022.

NL INDUSTRIES ANNOUNCES QUARTERLY DIVIDEND FOR THE THIRD QUARTER OF 2023 AT $.07 PER SHARE

Retrieved on: 
Wednesday, August 2, 2023
NL Industries, NL, Titanium dioxide, NYSE, Holding company, Food industry, Cryptocurrency

Dallas, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a quarterly dividend of seven cents ($0.07) per share on its common stock, payable on September 19, 2023 to shareholders of record at the close of business on September 1, 2023.

Key Points: 
  • Dallas, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- NL Industries, Inc. (NYSE: NL) today announced that its board of directors has declared a quarterly dividend of seven cents ($0.07) per share on its common stock, payable on September 19, 2023 to shareholders of record at the close of business on September 1, 2023.
  • NL Industries, Inc. is engaged in the component products (security products and recreational marine components) and chemicals (TiO2) businesses.

Appointment of Eben Visser as CEO of Canada Fluorspar

Retrieved on: 
Monday, July 24, 2023
University, DRA, Mechanical engineering, EPCM, EPC, PMP, APM, Mechanical, Project Management Professional, Project Management Institute, Mining, NL, Local government in Canada, Fluorite, Growth, Management, Nursing

ST. LAWRENCE, NL, July 24, 2023 /PRNewswire/ -- Rudolph de Bruin, Chairman of the Board of Canada Fluorspar, is delighted to announce that Mr. Eben Visser has been appointed Chief Executive Officer of Canada Fluorspar, effective immediately.

Key Points: 
  • ST. LAWRENCE, NL, July 24, 2023 /PRNewswire/ -- Rudolph de Bruin, Chairman of the Board of Canada Fluorspar, is delighted to announce that Mr. Eben Visser has been appointed Chief Executive Officer of Canada Fluorspar, effective immediately.
  • In welcoming Mr. Visser to Canada Fluorspar, Mr. de Bruin said: "Canada Fluorspar operates on a world-class ore body.
  • The appointment of Mr Visser as CEO of Canada Fluorspar is an important step towards the achievement of that objective.
  • "I am excited to be joining Canada Fluorspar at such an early stage of its growth", said Eben Visser.

Appointment of Eben Visser as CEO of Canada Fluorspar

Retrieved on: 
Monday, July 24, 2023
University, DRA, Mechanical engineering, EPCM, EPC, PMP, APM, Mechanical, Project Management Professional, Project Management Institute, Mining, NL, Local government in Canada, Fluorite, Growth, Management, Nursing

In welcoming Mr. Visser to Canada Fluorspar, Mr. de Bruin said: "Canada Fluorspar operates on a world-class ore body.

Key Points: 
  • In welcoming Mr. Visser to Canada Fluorspar, Mr. de Bruin said: "Canada Fluorspar operates on a world-class ore body.
  • The objective of AMED Capital, the holding company of Canada Fluorspar, is to deliver against its undertakings to the Government of Canada, the Province of Newfoundland, the employees of Canada Fluorspar as well as the communities surrounding the mine through world class technical leadership.
  • The appointment of Mr Visser as CEO of Canada Fluorspar is an important step towards the achievement of that objective.
  • "I am excited to be joining Canada Fluorspar at such an early stage of its growth", said Eben Visser.

Swiftsure Innovations Appoints Board of Directors

Retrieved on: 
Monday, July 24, 2023
Pelorus, Chair, Strategic planning, Patient, NL, Growth, Swiftsure, Dentistry, Management

PASADENA, NL, July 24, 2023 /PRNewswire/ -- Swiftsure Innovations, a provider of oral care solutions for ventilated patients, is pleased to announce the appointment of its first Board of Directors.

Key Points: 
  • PASADENA, NL, July 24, 2023 /PRNewswire/ -- Swiftsure Innovations, a provider of oral care solutions for ventilated patients, is pleased to announce the appointment of its first Board of Directors.
  • The Board is chaired by Harold Wodlinger, and includes Sarah Murphy, Cathy Bennett, Lise Halpern, and Swiftsure CEO Deanne McCarthy.
  • Cathy Bennett, of Sandpiper Ventures, brings deep expertise in strategic planning and corporate governance will help steer Swiftsure Innovations towards sustained growth and market leadership.
  • "I am excited to welcome such an exceptional group of industry leaders to our Board of Directors," said Deanne McCarthy, CEO of Swiftsure Innovations. "