We extend our sincere congratulations to Justin Himmelright, Skeena's Senior VP, External Affairs & Sustainability, on being appointed Chair of the AME Board!
Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) chief financial officer Kevin Flynn joins Proactive's Stephen Gunnion with insights on the company's third-quarter trading update.
Flynn highlighted that the 3Q performance was in line with expectations, suggesting it could be the lowest point due to a transition from the Kestrel operations in Australia towards ramping up other assets. However, he remained optimistic about a strong finish to the year, anticipating more volumes from Kestrel in the first quarter of next year.
Flynn also discussed ongoing development projects that are poised to fuel future growth. Significant focus was placed on the Voise's Bay ramp-up and the positive developments at West Musgrave in connection with BHP's operation of the activity there.
He emphasized that while catalysts will take time, Ecora is optimistic about future prospects, especially with the prospect of near-term cash flow.
Furthermore, Flynn touched upon a recent $20 million deployment for the Vizcachitas copper royalty, stating that despite subdued markets, opportunities abound.
With liquidity on their balance sheet, #Ecora eyes assets nearing production and those requiring final capex. Flynn reaffirmed the company's commitment to discipline, focusing on projects with substantial potential for long-term earnings growth.
Watch at #Proactive#ProactiveInvestors#LSE#TSX#OTCQX#ECOR#ECRAF#EcoraResourceshttps://ow.ly/rbEr50Q2FKT
Of all the things ICMM has done, this is one of my proudest moments. Today, the 24 members of ICMM have committed to help halt and reverse the loss of nature; in the full awareness that we have historically contributed to the global nature crisis.
This is why the cornerstone of our commitment is to ensure at least no net loss of biodiversity at all our sites by closure against a 2020 baseline. This is a watershed moment (pun not intended) for our sector as it puts biodiversity and people, particularly indigenous communities, front and centre of where and how we mine. The collective scale of our commitment is unprecedented for a sector like ours, but we have worked hard to figure out ways it can be done. I hope will inspire others to make the same (or greater) commitment.
But we’re not stopping there. We have also committed to actions in our landscapes, value chains, and the wider system – all underpinned by the transparency you have come to expect of ICMM members. It is a full press effort to ensure that the growth of mining required to supply the world with essential materials will not come at the expense of nature, while changing the economic system to one which values and protects nature.
This has been nearly 2 years in the making and builds on decades of work from members individually and collectively, including our long standing commitment to not mine in World Heritage Sites. And it has been shaped and guided by a group of critical friends and external stakeholders to whom we owe so much, and by 5 CEOs who stepped up to lead this work: Jonathan Price of Teck Resources Limited as Chair of the group, Iván Arriagada as Chair of ICMM, Hilde Merete Aasheim, CEO of Norsk Hydro, Eduardo Bartolomeo, CEO of Vale and Jakob Stausholm, CEO of Rio Tinto.
We have much work to do to deliver these commitments but make no mistake, we’re all in – and I know we can count on our friends to help and hold us to account. Here’s more details about the commitment and what it entails: https://lnkd.in/e7VPgjjx
Here we go folks! Major natural systems announcement #1 of the year!
“Leading global mining and metals companies have today committed to take urgent action to support a nature positive future by 2030[1] that promotes the health, diversity and resilience of species, ecosystems and natural processes.”
This gives them 6 years!! There are some serious commitments in here, and looking forward to the significant waves this will create both for operations and supply chains!
#mining#naturalsystems#naturepositive
Of all the things ICMM has done, this is one of my proudest moments. Today, the 24 members of ICMM have committed to help halt and reverse the loss of nature; in the full awareness that we have historically contributed to the global nature crisis.
This is why the cornerstone of our commitment is to ensure at least no net loss of biodiversity at all our sites by closure against a 2020 baseline. This is a watershed moment (pun not intended) for our sector as it puts biodiversity and people, particularly indigenous communities, front and centre of where and how we mine. The collective scale of our commitment is unprecedented for a sector like ours, but we have worked hard to figure out ways it can be done. I hope will inspire others to make the same (or greater) commitment.
But we’re not stopping there. We have also committed to actions in our landscapes, value chains, and the wider system – all underpinned by the transparency you have come to expect of ICMM members. It is a full press effort to ensure that the growth of mining required to supply the world with essential materials will not come at the expense of nature, while changing the economic system to one which values and protects nature.
This has been nearly 2 years in the making and builds on decades of work from members individually and collectively, including our long standing commitment to not mine in World Heritage Sites. And it has been shaped and guided by a group of critical friends and external stakeholders to whom we owe so much, and by 5 CEOs who stepped up to lead this work: Jonathan Price of Teck Resources Limited as Chair of the group, Iván Arriagada as Chair of ICMM, Hilde Merete Aasheim, CEO of Norsk Hydro, Eduardo Bartolomeo, CEO of Vale and Jakob Stausholm, CEO of Rio Tinto.
We have much work to do to deliver these commitments but make no mistake, we’re all in – and I know we can count on our friends to help and hold us to account. Here’s more details about the commitment and what it entails: https://lnkd.in/e7VPgjjx
Exciting developments with the safe arrival of the New Fortress FSRU at the Barcarena terminal! Wilson Sons is proud to contribute essential towage support to this project, ensuring the efficient delivery of cleaner energy and playing a pivotal role in shaping the future of Brazil's infrastructure.
This initiative is particularly significant as it addresses Brazil's challenge of high natural gas prices, which have been a hindrance to key industries. The current price gap, with Brazil paying close to a 200% premium compared to the US, impacts the competitiveness of the country.
While Brazil is actively working towards regulatory reforms to simplify taxes and reduce the 'Brazil cost,' initiatives like the Barcarena terminal play a crucial role. By providing a more affordable and reliable natural gas supply, we contribute directly to the competitiveness of strategic industrial sectors.
Our commitment at Wilson Sons goes beyond towage support – we are driving change and progress.
https://lnkd.in/g3D6F-Tr
Exciting developments with the safe arrival of the New Fortress FSRU at the Barcarena terminal! Wilson Sons is proud to contribute essential towage support to this project, ensuring the efficient delivery of cleaner energy and playing a pivotal role in shaping the future of Brazil's infrastructure.
This initiative is particularly significant as it addresses Brazil's challenge of high natural gas prices, which have been a hindrance to key industries. The current price gap, with Brazil paying close to a 200% premium compared to the US, impacts the competitiveness of the country.
While Brazil is actively working towards regulatory reforms to simplify taxes and reduce the 'Brazil cost,' initiatives like the Barcarena terminal play a crucial role. By providing a more affordable and reliable natural gas supply, we contribute directly to the competitiveness of strategic industrial sectors.
Our commitment at Wilson Sons goes beyond towage support – we are driving change and progress.
https://lnkd.in/g3D6F-Tr
