EPCM

Euro Manganese Receives Approval of Environmental and Social Impact Assessment for Chvaletice Manganese Project and Appoints Project Director

Retrieved on: 
Wednesday, March 27, 2024
FEED, EV, Land, Euro, Wood, Project, Planning permission, Biophysical environment, Non-governmental organization, Chemical engineer, ESIA, Copper, Gold, ASX, Postgraduate education, EMN, Social impact assessment, Chvaletice, Nickel, Lithium, EPCM, Cobalt, Mining, Construction

VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has received approval of the Environmental and Social Impact Assessment ("ESIA") for the Chvaletice Manganese Project ("Chvaletice Project" or the "Project") from the Czech Ministry of Environment.

Key Points: 
  • VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has received approval of the Environmental and Social Impact Assessment ("ESIA") for the Chvaletice Manganese Project ("Chvaletice Project" or the "Project") from the Czech Ministry of Environment.
  • In addition, the Company is pleased to appoint Mr. Tim Kindred, an experienced, large-scale project delivery professional, as Project Director for the Chvaletice Project.
  • Mr. Tim Kindred recently joined the Company as Project Director for the Chvaletice Project.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “Approval of the Environmental and Social Impact Assessment for the Chvaletice Project is a major permitting and project milestone.

Lithium Americas Provides a Thacker Pass Construction Plan Update

Retrieved on: 
Thursday, March 14, 2024
Lithium, NABTU, City, Transport, Carbon, Tranche, Project, Feasibility study, Public expenditure, Safety, DOE, State, TLT, Technical report, Loan, Acceleration, Letter, Promise, News, University, Completeness, National instrument, TSX, EPCM, Engineering, Mining, PLA, GM, Reno 1868 FC, Pond, Workforce, Housing, Nevada Department of Transportation, Construction

VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) provides a construction plan update for its Thacker Pass lithium project located in Humboldt County, Nevada (“Thacker Pass” or the “Project”).

Key Points: 
  • VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) provides a construction plan update for its Thacker Pass lithium project located in Humboldt County, Nevada (“Thacker Pass” or the “Project”).
  • The Company and its engineering, procurement and construction management (“EPCM”) contractor, Bechtel, entered into a National Construction Agreement (Project Labor Agreement) (“PLA”) with North America’s Building Trades Unions (“NABTU”) for construction of Thacker Pass.
  • “Our team has been focused on refining the development plan and de-risking construction execution of Phase 1 for Thacker Pass,” said Jonathan Evans, President and Chief Executive Officer of Lithium Americas.
  • Lithium Americas and Bechtel entered into a PLA with NABTU for construction of Thacker Pass.

McDermott Reaches Mechanical Completion on Pioneering Biosurfactants Project

Retrieved on: 
Thursday, March 28, 2024
Carbon, Senior, Engineering, EPCM, Fine chemical

HOUSTON, March 28, 2024 /PRNewswire/ -- McDermott today announced mechanical completion of a pioneering industrial-scale biosurfactant plant for Evonik.

Key Points: 
  • HOUSTON, March 28, 2024 /PRNewswire/ -- McDermott today announced mechanical completion of a pioneering industrial-scale biosurfactant plant for Evonik.
  • The project positions Evonik, a specialty chemicals company, as a pioneer of high-quality, sustainable biosurfactants on a commercial scale.
  • The scope of the contract included engineering, procurement, and construction management (EPCM) services for a new biosurfactant plant.
  • McDermott was selected to partner with Evonik on the pioneering biosurfactants project in 2021.

ALLIED GOLD ANNOUNCES FOURTH QUARTER AND YEAR END 2023 RESULTS: ESTABLISHING A SUSTAINABLE PRODUCTION PLATFORM WHICH LAYS THE FOUNDATION FOR SIGNIFICANT GROWTH AT IMPROVING COSTS

Retrieved on: 
Tuesday, March 26, 2024
FEED, Bonikro, Longevity, Growth, Mineral Resources Limited, LTI, PB5, AISC, Capital expenditure, Gold, Line of credit, Capital, Engineering, Mineral, TSX, Mining, FE4, Hire, EPCM, Depreciation, Sustainability, Oxide, S12, Total, Hand, Printed circuit board

Cash flows from operating activities are expected to materially increase in 2024, with increased production contributions and lower costs driving sequential improvements.

Key Points: 
  • Cash flows from operating activities are expected to materially increase in 2024, with increased production contributions and lower costs driving sequential improvements.
  • Strong quarterly production of 94,755 oz, representing a meaningful increase over third quarter production of approximately 12%.
  • Fourth quarter production demonstrates the ability of Allied's mines to exceed a minimum expected annual production of at least 375,000 oz, before further optimizations and costs improvements.
  • In 2024, Allied anticipates producing 375,000 to 405,000 oz of gold at a mine-site AISC(1) of $1,400/oz.

Aura Announces 2023 Annual Financial and Operational Results and 2024 Guidance

Retrieved on: 
Tuesday, February 20, 2024
Engineering, EPP, EPCM, NPV, GEO, ZERO, Arantzazu, Brazilian real, Gold, Social responsibility, United States dollar, Cajueiro, IRR, Mexican peso, Economics, CAPEX, AISC, FX, Satellite navigation device

In Q4 2023, production reached 69,194 GEO, a notable increase of 7% compared to Q3 2023 and the best quarterly production for the year.

Key Points: 
  • In Q4 2023, production reached 69,194 GEO, a notable increase of 7% compared to Q3 2023 and the best quarterly production for the year.
  • Total production for 2023 reached 235,856 GEO at current prices, within the range of the Q3 2023 MD&A Consolidated Production Guidance of between 231,000 – 253,000 GEO for 2023.
  • In 2023, Aranzazu produced 106,119 GEO, 2% below 2022 at constant prices and in line with the Company`s Guidance.
  • Aura anticipates mining to continue in Ernesto during Q1 2024 with improving production rates.

Fluor Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 20, 2024
Engineering, Other Construction & Property, Manufacturing, Construction & Property, Building Systems, Other Manufacturing, Weapon, Fluor Corporation, Construction, FLR, EPCM, Mining, Telephone, FEMA, News, NuScale Power, Table, ID, Sale, Defense, GAAP, Webcast, EnergySolutions, Depreciation, EPS, G&A, Corporation, DOE, Dow, Bookkeeping

Revenue for 2023 was $15.5 billion and net income attributable to Fluor was $139 million, or $0.54 per diluted share.

Key Points: 
  • Revenue for 2023 was $15.5 billion and net income attributable to Fluor was $139 million, or $0.54 per diluted share.
  • Fourth quarter 2023 results include a net loss attributable to Fluor of $21 million, or ($0.12) per diluted share, compared to net earnings attributable to Fluor of $9 million, or ($0.01) per diluted share in the fourth quarter of 2022.
  • Results for the fourth quarter of 2023 include a settlement of claims on a legacy infrastructure project offset by cost growth and schedule extension on a large upstream legacy project that is scheduled to complete in the first quarter of 2024.
  • Consolidated segment profit for the fourth quarter of 2023 totaled $85 million compared to $174 million a year ago.

Greenidge Generation Announces $6 Million Investment to Support Ongoing Business Transformation

Retrieved on: 
Monday, February 12, 2024
Blockchain, Cryptocurrency, Artificial Intelligence, Data Management, Professional Services, Technology, Fintech, Digital Cash Management, Digital Assets, Armistice, Culture, Earnings per share, EPCM

Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it has entered into a securities purchase agreement with Armistice Capital that includes an initial investment of $6 million.

Key Points: 
  • Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it has entered into a securities purchase agreement with Armistice Capital that includes an initial investment of $6 million.
  • The investment from Armistice Capital will provide Greenidge with long-term capital to support the Company’s growth strategy and is expected to fund its expansion into low-cost power centers, bitcoin mining, its EPCM business, new AI infrastructure/data centers and innovative efforts to support an increased interest in bitcoin.
  • Greenidge CEO Jordan Kovler commented: “The investment by Armistice sends a clear message regarding Greenidge’s ongoing transformation and expansion efforts.
  • This included Net Income of $1.4 million to $2.4 million, Adjusted EBITDA of $1.6 million to $2.6 million and Earnings Per Share of $0.18 to $0.32.

Greenidge Generation Announces Favorable Preliminary Financial and Operating Results for the Fourth Quarter 2023

Retrieved on: 
Thursday, February 1, 2024
Blockchain, Cryptocurrency, Metaverse, Web3, Professional Services, Technology, Fintech, Digital Cash Management, Digital Assets, EPCM, AI, Adjustment, Miner

Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced favorable preliminary financial and operating results for the fourth quarter of 2023.

Key Points: 
  • Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced favorable preliminary financial and operating results for the fourth quarter of 2023.
  • The average closing price of Bitcoin during the fourth quarter of 2023 was $36,276.79.
  • Management plans to discuss Greenidge’s complete fourth quarter and full-year 2023 financial results after the market closes on March 27, 2024.
  • The preliminary financial and operating results set forth above for the three months ended December 31, 2023, reflect preliminary estimates with respect to such results based solely on currently available information, which is subject to change.

Mkango Subsidiary Maginito and CoTec Form HyProMag USA Joint Venture and Commence Process to Appoint EPCM Provider for the Feasibility Study

Retrieved on: 
Wednesday, January 3, 2024
Hydrogen, Magnet, Construction management, EPCM, Recycling, MKA, Research, Neodymium magnet, Mineral, Feasibility study, Engineering, Joint venture, HPMS, Plant, University, Neodymium, Carbon, CTH, Rare-earth element

The newly formed joint venture company, HyProMag USA, LLC (“HyProMag USA” or the “Joint Venture”), plans to develop a low cost, low carbon, sustainable rare earth magnet recycling and production business underpinned by HPMS.

Key Points: 
  • The newly formed joint venture company, HyProMag USA, LLC (“HyProMag USA” or the “Joint Venture”), plans to develop a low cost, low carbon, sustainable rare earth magnet recycling and production business underpinned by HPMS.
  • HyProMag is 100 per cent owned by Maginito, which is owned on a 79.4/20.6 per cent basis by Mkango and CoTec, and is commercialising rare earth magnet recycling in the UK, Germany and United States.
  • Following completion of the Feasibility Study, CoTec and Mkango will make a joint decision as to whether the Joint Venture will proceed with the construction of the US Project.
  • “We look forward to working and collaborating with local, state and federal stakeholders targeting the completion of the feasibility study”.

Euro Manganese Reports Fourth Quarter and Year-End 2023 Financial Results and Project Developments

Retrieved on: 
Thursday, December 14, 2023
FEED, Government, CapeNature, Mineral, Municipality, Financial statement, IRR, Private sector, Village, Memorandum of understanding, Royalty payment, Demonstration plant, Economics, Agreement, Collection, OMRF, EMN, Manganese, MMC, Documentation, Overalls, Commission, EPCM, Mining, Grand Conseil, Feasibility study, Civil service commission, Calendar, NPV, Engineering, Demonstration, Planning permission, European Commission, ASX, Partner, Acquisition, BK, Growth, Chvaletice, MSP, Renewable energy

VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the fourth fiscal quarter 2023 and to date.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the fourth fiscal quarter 2023 and to date.
  • The Company has now filed its September 30, 2023 year-end Financial Statements, Management’s Discussion and Analysis, and other financial reports.
  • US$100 million non-dilutive funding package announced to advance development of the Chvaletice Manganese Project (the "Project"); US$20 million received on closing.
  • The Chvaletice Project received high-level inter-governmental support during the fourth calendar quarter by being named as a project under the Minerals Security Partnership.