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Proactive news headlines including Surefire Resources, Global Energy Ventures, Pan Asia Metals and West Wits Mining

Retrieved on: 
Monday, September 6, 2021

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Key Points: 
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    West Wits Mining Limited (ASX:WWI) chairman Michael Quinert has purchased 180,000 shares through on-market trades.
  • Our written and video content is published on Proactive sites that collectively attract up to 10 million views per month.
  • We help the world understand what makes companies stand out from the crowd with in-depth investment research from a team of experienced analysts.
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BHP makes recommended all-cash offer of C$0.55 per share for Noront

Retrieved on: 
Tuesday, July 27, 2021

The members of the Board of Directors of Noront who voted on the matter unanimously recommend that Noront shareholders tender their shares to accept the Offer.

Key Points: 
  • The members of the Board of Directors of Noront who voted on the matter unanimously recommend that Noront shareholders tender their shares to accept the Offer.
  • In addition, the C$0.55 per share Offer price is C$0.235 per share, or 75%, higher than the C$0.315 per share proposed by Wyloo in its announcement on May 25, 2021.
  • Noront CEO, Alan Coutts: This transaction provides a significant premium to Wyloo's indicative offer, and crystallizes immediate and certain value through an all-cash offer.
  • BHP Chief Development Officer, Johan van Jaarsveld: We are pleased that the Noront board has seen the value in our offer and has recommended it to its shareholders.

Membership Collective Group INC. Announces Pricing of Initial Public Offering

Retrieved on: 
Thursday, July 15, 2021

Membership Collective Group (MCG), a global membership platform comprised of Soho House, Soho Works, The Ned, Scorpios Beach Club and Soho Home, and related digital platforms, today announced the pricing of its initial public offering of 30,000,000 shares of its Class A common stock at a public offering price of $14.00 per share.

Key Points: 
  • Membership Collective Group (MCG), a global membership platform comprised of Soho House, Soho Works, The Ned, Scorpios Beach Club and Soho Home, and related digital platforms, today announced the pricing of its initial public offering of 30,000,000 shares of its Class A common stock at a public offering price of $14.00 per share.
  • View the full release here: https://www.businesswire.com/news/home/20210714005956/en/
    MCG's global membership brand portfolio (Graphic: Business Wire)
    J.P. Morgan, Morgan Stanley and BofA Securities are acting as joint lead book runners for the offering.
  • A registration statement on Form S-1 relating to the proposed initial public offering has been filed with the SEC and became effective on July 14, 2021.
  • The Membership Collective Group (MCG) is a global membership platform of physical and digital spaces that connects a vibrant, diverse and global group of members.

Membership Collective Group, INC. Announces Launch of Initial Public Offering

Retrieved on: 
Tuesday, July 6, 2021

Membership Collective Group (MCG), a global membership platform comprised of Soho House, Soho Works, The Ned, Scorpios Beach Club and Soho Home, and related digital platforms, today announced that it has commenced the roadshow for its proposed initial public offering of its Class A common stock.

Key Points: 
  • Membership Collective Group (MCG), a global membership platform comprised of Soho House, Soho Works, The Ned, Scorpios Beach Club and Soho Home, and related digital platforms, today announced that it has commenced the roadshow for its proposed initial public offering of its Class A common stock.
  • The initial public offering price is expected to be between $14.00 to $16.00 per share.
  • A registration statement on Form S-1 relating to the proposed initial public offering has been filed with the SEC but has not yet become effective.
  • The Membership Collective Group (MCG) is a global membership platform of physical and digital spaces that connects a vibrant, diverse and global group of members.

Jansz-Io Compression Project to Proceed

Retrieved on: 
Friday, July 2, 2021

Chevron Corporation (NYSE: CVX) today announced that its wholly owned subsidiary Chevron Australia Pty Ltd. (Chevron Australia) as operator and the Gorgon joint venture participants will proceed with the approximately $4 billion (AU$6 billion) Jansz-Io Compression (J-IC) project.

Key Points: 
  • Chevron Corporation (NYSE: CVX) today announced that its wholly owned subsidiary Chevron Australia Pty Ltd. (Chevron Australia) as operator and the Gorgon joint venture participants will proceed with the approximately $4 billion (AU$6 billion) Jansz-Io Compression (J-IC) project.
  • View the full release here: https://www.businesswire.com/news/home/20210701005975/en/
    Jansz-Io Compression project - Field Control Station and Subsea Compression Station.
  • (Photo: Business Wire)
    Nigel Hearne, Chevron Eurasia Pacific Exploration and Production president, said J-IC represents Chevrons most significant capital investment in Australia since the sanctioning of the Gorgon Stage 2 project in 2018.
  • Using world-leading subsea compression technology, J-IC is positioned to maintain gas supply from the Jansz-Io field to the three existing LNG trains and domestic gas plant on Barrow Island, Hearne said.

CROWN GROUP ON THE HUNT FOR NEW DEVELOPMENT SITES

Retrieved on: 
Wednesday, June 30, 2021

Crown Group Chairman and Group CEO Iwan Sunito says the Group will be expanding in Sydney and are looking at opportunities in Melbourne and Brisbane.

Key Points: 
  • Crown Group Chairman and Group CEO Iwan Sunito says the Group will be expanding in Sydney and are looking at opportunities in Melbourne and Brisbane.
  • They know that Crown Group has deep capacity and capability in developing high density developments with luxurious, resort-style amenities.
  • Crown Group is approaching this expansion in a cautious and measured way, the Group Chairman and CEO added.
  • The company has become globally recognised most recently for its iconic developments, Arc by Crown Group in the heart of Sydney and Infinity by Crown Group at Green Square, both of which have won multiple international design and construction awards.

Newcrest Mining Limited Announces New Board Appointment

Retrieved on: 
Wednesday, June 23, 2021

Melbourne, Australia--(Newsfile Corp. - June 23, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces the appointment of Jane McAloon as an independent Non-Executive Director and a member of the Human Resources and Remuneration Committee, effective from 1 July 2021.

Key Points: 
  • Melbourne, Australia--(Newsfile Corp. - June 23, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) announces the appointment of Jane McAloon as an independent Non-Executive Director and a member of the Human Resources and Remuneration Committee, effective from 1 July 2021.
  • She spent 9 years as Group Company Secretary at BHP, including 2 years on the Group Management Committee as President Governance.
  • Newcrest Chairman Peter Hay welcomed Ms McAloon to the Board of Directors.
  • "With her extensive senior executive and Board experience, and her knowledge of the resources industry, I expect Jane will make a tremendous contribution to the Newcrest Board," said Mr Hay.

DGAP-News: EcoGraf Limited: Appointment of Executive Manager - Project Development

Retrieved on: 
Wednesday, June 23, 2021

Diversified battery anode materials company EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE:FMK; OTCQX: ECGFF) is pleased to advise the appointment of Mr Shaun O'Neill, a highly experienced project manager.

Key Points: 
  • Diversified battery anode materials company EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE:FMK; OTCQX: ECGFF) is pleased to advise the appointment of Mr Shaun O'Neill, a highly experienced project manager.
  • Shaun has been appointed to the position of Executive Manager - Project Development and will commence in July.
  • The appointment is a new senior executive position responsible for the construction of the EcoGraf(TM) HFfree 20,000tpa battery anode material facility in Western Australia.
  • Prior roles include working for BHP Billiton commissioning the $3.5 billion Worsley-Alumina expansion and the $3.4 billion Ravensthorpe Nickel Project.

BHP Awards McDermott Marine Installation Contract for Shenzi Subsea Multiphase Pumping Project

Retrieved on: 
Wednesday, June 16, 2021

HOUSTON, June 16, 2021 /PRNewswire/ -- McDermott International, Ltd today announced it has been selected by BHP to provide a marine installation campaign for the Shenzi Subsea Multiphase Pumping Project (SSMPP).

Key Points: 
  • HOUSTON, June 16, 2021 /PRNewswire/ -- McDermott International, Ltd today announced it has been selected by BHP to provide a marine installation campaign for the Shenzi Subsea Multiphase Pumping Project (SSMPP).
  • The project is located approximately 138 miles (222 kilometers) offshore in the Gulf of Mexico at a water depth of 4,400 feet.
  • McDermott is currently providing Front-End Engineering Design (FEED) of a Semi-submersible Floating Production Unit (FPU) for the Trion Project in the Gulf of Mexico, another BHP project, in partnership with Pemex.
  • Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

Rio Tinto and ARENA to study using hydrogen to reduce carbon emissions in alumina refining

Retrieved on: 
Tuesday, June 15, 2021

Rio Tinto has partnered with the Australian Renewable Energy Agency (ARENA) to study whether hydrogen can replace natural gas in alumina refineries to reduce emissions.

Key Points: 
  • Rio Tinto has partnered with the Australian Renewable Energy Agency (ARENA) to study whether hydrogen can replace natural gas in alumina refineries to reduce emissions.
  • Rio Tinto will conduct a $1.2 million feasibility study, equally funded with ARENA through a $580,000 grant, into using clean hydrogen to replace natural gas in the calcination process of refining at the Yarwun aumina refinery in Gladstone.
  • The study program includes work to be done at Rio Tintos Bundoora Technical Development Centre in Melbourne, where Rio Tintos in-house development capability has now been extended to hydrogen.
  • ARENA CEO Darren Miller said If we can replace fossil fuels with clean hydrogen in the refining process for alumina, this will reduce emissions in the energy and emissions intensive refining stage of the aluminium supply chain.