Other Natural Resources

Compass Minerals Declares First Quarter Dividend

Thursday, February 25, 2021 - 10:43pm

The board of directors of Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, has declared a quarterly cash dividend of $0.72 per share.

Key Points: 
  • The board of directors of Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, has declared a quarterly cash dividend of $0.72 per share.
  • This dividend is payable March 19, 2021, to shareholders of record as of the close of business on March 10, 2021.
  • Compass Minerals (NYSE: CMP) is a leading provider of essential minerals focused on safely delivering where and when it matters to help solve natures challenges for customers and communities.
  • Its salt products help keep roadways safe during winter weather and are used in numerous other consumer, industrial and agricultural applications.

Settlement Unanimously Approved in Pennsylvania American Water Rate Request

Thursday, February 25, 2021 - 7:24pm

This allows Pennsylvania American Water to raise its water and wastewater rates over a two-year period to reflect the continued investment made by the company to provide reliable, quality service.

Key Points: 
  • This allows Pennsylvania American Water to raise its water and wastewater rates over a two-year period to reflect the continued investment made by the company to provide reliable, quality service.
  • We are pleased the Commission has approved this settlement, which reflects carefully negotiated terms that balance the customers interest with the much-needed ongoing investments made by the company, said Pennsylvania American Water President Mike Doran.
  • Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.4 million people.
  • American Water provides safe, clean, affordable and reliable water services to our customers to help make sure we keep their lives flowing.

International Zinc Association Launches Zinc Battery Initiative

Thursday, February 25, 2021 - 6:48pm

The International Zinc Association (IZA) is excited to announce the launch of its newest program, the Zinc Battery Initiative .

Key Points: 
  • The International Zinc Association (IZA) is excited to announce the launch of its newest program, the Zinc Battery Initiative .
  • The advancement of zinc battery technologies, resulting in low-cost, sustainable, and safe options for key applications represents a disruptive innovation with significant impacts on these markets going forward, said Andrew Green, executive director of the International Zinc Association.
  • We are enthusiastic about creating a partnership between our zinc-producing members and leading companies in the zinc battery sector to help promote the development and use of these technologies.
  • The Zinc Battery Initiative (ZBI) is a program of the International Zinc Association (IZA).

Minority Owned Cannabis Company, TheraTrue, Inc., Announces New CEO Victor Mancebo, $50 Million in Funding, and Applies in Georgia and Virginia

Thursday, February 25, 2021 - 4:50pm

In addition, TheraTrue has received $50 million in funding commitments and submitted medical cannabis license applications in Georgia and Virginia.

Key Points: 
  • In addition, TheraTrue has received $50 million in funding commitments and submitted medical cannabis license applications in Georgia and Virginia.
  • As the companys founder, I am keenly aware of the history of cannabis and how it has disproportionately impacted black Americans.
  • Mr. Mancebo also serves as President and Chief Operating Officer of TheraTrue Georgia LLC and TheraTrue Virginia LLC.
  • I am beyond thrilled to join the TheraTrue team and lead our historic journey into the cannabis industry, said Victor E. Mancebo, CEO of TheraTrue.

Nutrien Announces TSX Approval for Its Renewed Share Repurchase Program

Thursday, February 25, 2021 - 2:00pm

Nutrien Ltd. (TSX and NYSE: NTR) (Nutrien) today announced that the Toronto Stock Exchange (TSX) has accepted Nutrien's notice to commence a normal course issuer bid (NCIB) to purchase up to five percent of its outstanding common shares.

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR) (Nutrien) today announced that the Toronto Stock Exchange (TSX) has accepted Nutrien's notice to commence a normal course issuer bid (NCIB) to purchase up to five percent of its outstanding common shares.
  • The actual number of common shares that may be purchased under the NCIB and the timing of any such purchases will be determined by Nutrien.
  • As of February 16, 2021, Nutrien had 569,368,963 common shares outstanding and, therefore, is permitted to repurchase up to 28,468,448 of its outstanding common shares pursuant to the NCIB.
  • As of February 16, 2021, Nutrien has repurchased an aggregate of 710,100 common shares at a weighted-average price of US$39.31 per share, excluding brokerage fees, under the prior NCIB.

Do You Trust Your Tap Water? New Survey Finds Black and Hispanic Americans Do Not

Thursday, February 25, 2021 - 2:05pm

The survey showed that people in communities of color:

Key Points: 
  • The survey showed that people in communities of color:
    Just 24 percent of Black Americans and 19 percent of Hispanic Americans are very confident they can drink their tap water without any negative side effects, in comparison to 43 percent of white Americans.
  • Hispanic Americans closely followed this at 32 percent.
  • Following this lack of confidence in tap water, the data also found that 26 percent of Black Americans drink more bottled water now at home during the pandemic, followed closely by 20% of Hispanic Americans and only 10% of white Americans.
  • At the beginning of 2019, more than 30 million people in the U.S. lived in areas where water violated safety rules.

European Subsea Cables Conference - Call for Papers

Thursday, February 25, 2021 - 1:45pm

The European Subsea Cables Association (ESCA), the European trade association for submarine power and telecommunications cables announces that its next bi-annual Plenary will be held virtually 21st to 22nd April 2021.

Key Points: 
  • The European Subsea Cables Association (ESCA), the European trade association for submarine power and telecommunications cables announces that its next bi-annual Plenary will be held virtually 21st to 22nd April 2021.
  • To this end ESCA now seeks abstracts on related topics, noting final papers must be technically correct and should be of interest to ESCA Members that will be attending the Plenary.
  • The European Subsea Cables Association is a forum of over 60 national and international companies which own, operate or service submarine cables in European and surrounding waters.
  • The principal goal of ESCA is the promotion of marine safety and the safeguarding of submarine cables from man-made and natural hazards.

OriginClear Agrees to Sponsor Program to Finance Outsourced Water Projects

Thursday, February 25, 2021 - 1:30pm

OriginClear Inc. (OTC PINK: OCLN ), The Water Company for the New Economy, today announced that it has agreed to acquire more real estate assets to finance water projects.

Key Points: 
  • OriginClear Inc. (OTC PINK: OCLN ), The Water Company for the New Economy, today announced that it has agreed to acquire more real estate assets to finance water projects.
  • If a definitive agreement is made and closed with this Developer, OriginClear intends to launch OriginClear Finance, a wholly-owned subsidiary with the sole purpose of investing in water projects.
  • The water industry is looking to managed services as the model of the future, said Riggs Eckelberry, OriginClear CEO.
  • OriginClear built creative financing and an online learning program around this first Waterpreneur, establishing it as Water As A Career.

Sterling Awarded $135 Million Dam Project in California

Thursday, February 25, 2021 - 1:30pm

Sterling Construction Company, Inc. (NasdaqGS: STRL) (Sterling or the Company) today announced that its subsidiary, Road and Highway Builders, LLC (RHB), has been awarded a $135 million heavy civil contract by the City of Los Angeles for the construction of the North Haiwee Dam No.

Key Points: 
  • Sterling Construction Company, Inc. (NasdaqGS: STRL) (Sterling or the Company) today announced that its subsidiary, Road and Highway Builders, LLC (RHB), has been awarded a $135 million heavy civil contract by the City of Los Angeles for the construction of the North Haiwee Dam No.
  • The project consists of mining and processing one million cubic yards of material for the multiple zoned embankment dam.
  • Since no bedrock is present at the site, Sterling will drill more than 13,000 individual cement, deep-soil shafts for the dam footing.
  • The project will begin in May 2021 and will take approximately four and a half years to complete.