Internal ratings-based approach (credit risk)

Robot Funded by Can Manufacturers Institute to Save More Than 1 Million Aluminum Beverage Cans Annually from Landfill

Retrieved on: 
Tuesday, September 26, 2023
Transfer, Plastic, Maintenance, Recycling, Can Manufacturers Institute, Aluminium, MRF, ISRI, 3D, Intelligence, Research, HERE, Cedar Avenue, Sale, Internal ratings-based approach (credit risk), Gold, Jill Valentine, Transfer Station (Hudson County), CARTS, Robotics, Paper, CMI, AI, Textbook, The Recycling Partnership, Ecosystem, UBC, Conference, Crown Holdings, Automation, Property management, Crown

WASHINGTON, Sept. 26, 2023 /PRNewswire/ -- The Can Manufacturers Institute (CMI) is utilizing an innovative financing model to fund a robot at a California material recovery facility (MRF) owned by Caglia Environmental (Caglia) that sorts single-stream recyclables. Designed by artificial intelligence and robotics company EverestLabs, the robot is expected to capture a little over 1 million used beverage cans (UBCs) a year. CMI used funding from its members Ardagh Metal Packaging and Crown Holdings (Crown) to fully finance the two-year equipment lease for Caglia, which will share with CMI 50 percent of all revenue from the UBCs captured with the leased equipment.

Key Points: 
  • Designed by artificial intelligence and robotics company EverestLabs , the robot is expected to capture a little over 1 million used beverage cans (UBCs) a year.
  • Recycling System ," found that up to one in four aluminum beverage cans is missorted at a typical MRF.
  • With CMI wanting to recycle more aluminum beverage cans and Caglia becoming a recycling industry leader, this program is a win-win for everyone."
  • The five grants funded in 2021 doubled expected performance with 140 million aluminum beverage cans captured each year by the equipment installed with the grants.

EBA issues Opinion on measures to address macroprudential risk following notification by the Swedish Financial Supervisory Authority (Finansinspektionen)

Retrieved on: 
Tuesday, June 20, 2023
European Banking Authority, European Parliament, Civil service commission, European, Opinion, Article, ESRB, EBA, Internal ratings-based approach (credit risk), Capital Requirements Regulation 2013, CRR, European Systemic Risk Board, Intention, IRB, Risk, Swedish financial transaction tax, CRE, European Commission, Property management, EU, Council

20 June 2023

Key Points: 
  • 20 June 2023
    The European Banking Authority (EBA) today published an Opinion following the notification by the Swedish Financial Supervisory Authority, Finansinspektionen, of its intention to introduce a new measure in accordance with Article 458 of Regulation (EU) No 575/2013.
  • The measure introduces risk weights for targeting asset bubbles in the residential property and commercial immovable property sector in Sweden.
  • In its Opinion, addressed to the Council, the European Commission, and the Swedish Financial Supervisory Authority, the EBA acknowledged the concerns of Finansinspektionen over financial stability risks stemming from commercial real estate (CRE).
  • The EBA recognises that CRE activity levels in the Swedish economy have increased substantially in the last years, imposing a risk on financial stability.

Graphite One Enters into Agreement for the Purchase of Net Smelter Production Royalty

Retrieved on: 
Tuesday, June 13, 2023
Feasibility study, TSX Venture Exchange, Zena Sheardown, NSR, Recycling, Internal ratings-based approach (credit risk), Graphite, President of Republika Srpska, TSX, Aluminium

The NSR is applied to future production from 133 Alaska state claims owned or leased by Graphite One.

Key Points: 
  • The NSR is applied to future production from 133 Alaska state claims owned or leased by Graphite One.
  • "This purchase of a 1% NSR brings our total purchases to 3% NSR," said Anthony Huston, founder and CEO of Graphite One. "
  • With the United States currently 100 per cent import dependent for natural graphite, Graphite One is planning to develop a complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek resource.
  • The Graphite One project plan includes an advanced graphite material and battery anode manufacturing plant expected to be sited in Washington State integrated with the development of the Graphite Creek Property.

Heliostar Announces Re-Scoping Plans for the Ana Paula Gold Deposit, Mexico

Retrieved on: 
Monday, April 3, 2023
Mining, Net, PMC Ltd., Metallurgy, Sample, Geology, JDS, Disclosure, PMC, FSE, SSR Mining Inc., PQ, Ana Paula, Internal ratings-based approach (credit risk), Public expenditure, NPV, Gold, Documentation, National instrument, Engineering, News, Economics, Printed circuit board, Panel

The re-scope will aim to provide all the key studies required to advance to a feasibility study on Ana Paula."

Key Points: 
  • The re-scope will aim to provide all the key studies required to advance to a feasibility study on Ana Paula."
  • The Ana Paula re-scoping program has four key areas of technical study: engineering, metallurgical, resource modelling, and geotechnical.
  • These studies are designed to evaluate Ana Paula as a high-grade underground mine with a simplified and de-risked milling flow sheet.
  • These outcomes have the potential to materially improve the economics of a mine at Ana Paula and deliver immediate re-rating outcomes for Heliostar.

LoanStreet Launches Performance Analytics for Loan Participations

Retrieved on: 
Tuesday, December 13, 2022
Internal ratings-based approach (credit risk), Internal rate of return, Consultant, Safety, Tremont, Forecasting, Risk, Security (finance), Risk management, Bank, Renewable energy, Real estate, Microsoft Excel

NEW YORK, Dec. 13, 2022 /PRNewswire/ -- LoanStreet Inc., the provider of the leading platform for loan sharing, reporting and analysis, is pleased to announce the launch of Performance Analytics for loan participations.

Key Points: 
  • Portfolio managers can now instantly view, report and forecast loan performance benchmarked against their initial investment expectations
    NEW YORK, Dec. 13, 2022 /PRNewswire/ -- LoanStreet Inc., the provider of the leading platform for loan sharing, reporting and analysis, is pleased to announce the launch of Performance Analytics for loan participations.
  • Performance Analytics enhances LoanStreet's existing analytics suite by enabling loan portfolio managers and financial analysts to apply a powerful scenario analysis engine that forecasts the future Internal Rate of Return, along with future prepayment and charge-off rates.
  • The analytics are a valuable resource in our evaluation of future loan participation opportunities by collateral type and institution."
  • More than 1,300 financial institutions rely on LoanStreet to access a nationwide network of lenders and investors, track the performance of their loan portfolio, and more profitably grow and diversify their loan portfolios.

Denison Announces Significant Regulatory Milestone for Wheeler River with Submission of Environmental Impact Statement

Retrieved on: 
Wednesday, October 26, 2022
Environmental impact assessment, EA, Mine, NPV, Regulatory affairs, FFT, Legislation, Branches of botany, CEO, SEDAR, Elliot Lake, Phrase, Internal rate of return, Canadian Environmental Assessment Act, News, PFS, Technical report, IRR, NYSE, Wheeler, Internal ratings-based approach (credit risk), Technical, Company, Guideline, Industry, EDGAR, Disclosure, Ownership, Environmental issues, TSX, CNSC, Millennium, Multimedia, Resource management, DNN, Griffin, THT, Risk, EIS, Athabasca Basin, Person, Health, ISR, NI, Forward-looking statement, MOE, Uranium, Cryptocurrency, Oil, Risk management, Security (finance), McClean Lake mine, Cigar Lake Mine, Phoenix, Husky, Project, Indigenous, JCU

View PDF version

Key Points: 
  • View PDF version
    David Cates, Denison's President & CEO, commented,"Canada is an environmentally conscious nation with rigorous federal and provincial environmental protection regimes.
  • Through the process of assessing potential environmental impacts, it becameapparent that our Project has the potential to achieve a superior standard of environmental sustainability.
  • The review process is expected to involvefurther requests for information/clarification from Denison before the final EIS is accepted by the regulatory agencies.
  • Denison has an effective 95% ownership interest in Wheeler River (90% directly, and 5% indirectly through a 50% ownership in JCU).

GoldenTree Announces Oversubscribed Distressed Fund IV

Retrieved on: 
Tuesday, September 27, 2022
Asset Management, Professional Services, Finance, Internal ratings-based approach (credit risk), GoldenTree Asset Management, Restructuring, Internal rate of return, Foundation, IRR, Leadership, Insurance, Financial services, Security (finance)

GoldenTree Asset Management (GoldenTree), a global asset management firm with over $47 billion in assets under management, today announced the closing of its Distressed Fund IV.

Key Points: 
  • GoldenTree Asset Management (GoldenTree), a global asset management firm with over $47 billion in assets under management, today announced the closing of its Distressed Fund IV.
  • Distressed Fund IV reached its hard cap with commitments of $3 billion and was oversubscribed.
  • Fund IV seeks superior risk-adjusted returns by investing in distressed, stressed and special situation assets.
  • The size of our investors commitment to our distressed funds has grown significantly since Distressed Fund I in 2010.

Generation Mining Acquires Mills for Marathon Palladium Copper Project

Retrieved on: 
Monday, August 8, 2022
Natural Resources, Other Natural Resources, Mining, Minerals, Federal, Provincial Ministers, Internal ratings-based approach (credit risk), Risk, Minister, Feasibility study, Gen, Forward-looking statement, Phrase, Danielle Wood (engineer), SAG, Sale, TSX, First Nations, Mineral resource estimation, Mills, Compliance, Mineral, Marathon, Review, ABB, Engineering, Company, Palladium, Technical report, SAB, Report, Intention, FLSmidth, News, Generation, Return, Insurance, SABC, Environment, SEDAR, Environmental impact assessment, Oil, Risk management

Overall, the reports have confirmed that the Mills are suitable for use on the Marathon Project.

Key Points: 
  • Overall, the reports have confirmed that the Mills are suitable for use on the Marathon Project.
  • Jamie Levy, President and Chief Executive Officer of Gen Mining stated, With the procurement of the Mills, we continue to advance the Marathon Project and reduce some of the risk associated with the procurement, logistics and cost-uncertainty associated with long-lead items for the Project.
  • Gen Minings focus is the development of the Marathon Project, a large undeveloped palladium-copper deposit in Northwestern Ontario.
  • Gen Mining owns a 100% interest in the Marathon Project.

Generation Mining Acquires Option On Construction Camp In Marathon

Retrieved on: 
Tuesday, July 12, 2022
Mining, Minerals, Natural Resources, Biigtigong Nishnaabeg, Agreement, Return, Mineral, Compliance, Feasibility study, News, TSX, Intention, SEDAR, Company, Town, Memorandum, Maintenance, First Nations, Platinum, Review, Internal ratings-based approach (credit risk), Phrase, Mineral resource estimation, Technical report, Time, Gen, Palladium, Risk, Forward-looking statement, Â, Workforce, Generation, Oil, Risk management

Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (Gen Mining or the Company) announces that its wholly-owned subsidiary, Generation PGM Inc. (Gen PGM), which is developing the Marathon Palladium Copper Project (the Marathon Project) near Marathon, Ontario, has entered into an agreement with Valard Equipment LP (Valard) for the lease of a construction camp (the Camp) located in Marathon, Ontario until June 30, 2023 (the Lease Term) and an option, exercisable at Gen PGMs discretion, to purchase the Camp on or before the end of the Lease Term.

Key Points: 
  • Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (Gen Mining or the Company) announces that its wholly-owned subsidiary, Generation PGM Inc. (Gen PGM), which is developing the Marathon Palladium Copper Project (the Marathon Project) near Marathon, Ontario, has entered into an agreement with Valard Equipment LP (Valard) for the lease of a construction camp (the Camp) located in Marathon, Ontario until June 30, 2023 (the Lease Term) and an option, exercisable at Gen PGMs discretion, to purchase the Camp on or before the end of the Lease Term.
  • In connection with this agreement, Gen PGM has also leased the existing serviced camp site from the Town of Marathon.
  • The Camp will be used to accommodate up to 263 workers for the initial site preparation phase through the construction phase.
  • Additional accommodation capacity will be secured for the Marathon Project as construction ramps up to the maximum peak of approximately 1000 workers.

Generation Mining Announces Completion of Public Hearings for the Environmental Assessment

Retrieved on: 
Thursday, May 19, 2022
Conservation, Return, Environmental impact statement, Company, The Panel, Panel, Environment and Climate Change Canada, Feasibility study, Environment, News, EIS, Technical report, European Public Hearing on European Conscience and Crimes of Totalitarian Communism: 20 Years After, Review, Town, TSX, Element, Palladium, Government, Internal ratings-based approach (credit risk), Marathon, Hearing, Biigtigong Nishnaabeg, Climate change, Environmental issues, Project, Ministry of the Environment, Conservation and Parks, Outline, GLOBE, Mining, Online gambling, Oil

The Panel was established because the Project requires environmental assessment approvals from both federal and provincial governments.

Key Points: 
  • The Panel was established because the Project requires environmental assessment approvals from both federal and provincial governments.
  • The Company filed its EIS with the Panel in early 2021 and subsequently responded to written information requests from the Panel.
  • The process allowed for participation by government agencies, non-government organizations, local and regional communities, and Indigenous groups.
  • Drew Anwyll, the Companys Chief Operating Officer and witness panel Chair in the Panel hearings said, the Joint Review Panel process is among the highest standard of environmental assessment review in Canada.