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Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2025 Financial Results
Newsfilter· 2025-04-09 12:30
RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE:ORA) (the "Company" or "Ormat"), a leading geothermal and renewable energy company, today announced that it plans to publish its first quarter financial results in a press release that will be issued on Wednesday, May 7, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 09:00 a.m. ET on Thursday, May 8, 2025. Participants within the United States an ...
Total number of shares and voting rights at March 31, 2025
Globenewswire· 2025-04-07 16:00
7 April 2025 Orange: information on the total number of shares and voting rights referred to in Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulations of the Autorité des Marchés Financiers. In application of Article L. 22-10-46 of the French Commercial Code (Code de commerce), as from 3 April 2016, a double voting right is automatically granted to fully paid-up shares that have been held in registered form and under a single shareholder name for at least two years. ...
Aura Reports Updated Mineral Reserves And Mineral Resources For The Year-Ended 2024, Highlighting Ongoing Exploration And Strong Growth Trajectory
Globenewswire· 2025-04-01 04:11
Core Viewpoint - Aura Minerals Inc. has reported updated Mineral Reserves and Mineral Resources for its operating mines and development projects, reflecting a disciplined execution and strategic focus in exploration and resource management [1][2]. Group 1: Exploration and Resource Updates - In 2024, Aura drilled over 100,000 meters and invested US$21.8 million in exploration, achieving a low discovery cost of US$22.00 per ounce [2][6]. - Proven and Probable Reserves remained steady at 3.4 million GEO, with notable reserve growth at Apoena extending its life-of-mine to seven years [2][6]. - Measured and Indicated Resources increased by 1% post-depletion, while Inferred Resources grew by 4%, driven by successful drilling at various sites [2][6]. Group 2: Specific Project Highlights - At Matupá, promising results from drilling at Pé Quente and Pezão indicate potential for resource enhancement [3]. - Almas Mine has shown strong performance, exceeding production forecasts and indicating potential for further resource growth, particularly underground [22]. - Borborema is operational with expectations for commercial production by Q3 2025, supported by robust Probable Mineral Reserves of 812,000 ounces of gold [27][28]. Group 3: Financial and Economic Parameters - Metal price assumptions for estimating Mineral Reserves were updated, with gold at US$2,000/oz, copper at US$4.20/lb, and silver at US$25.00/oz [6]. - The company has maintained a conservative outlook while reflecting a significantly higher pricing environment in its estimates [6]. Group 4: Future Plans and Growth Potential - Aura plans to continue drilling activities in 2025 to improve data reliability and advance metallurgical studies, particularly at Carajás and Cerro Blanco [3][10]. - The company is evaluating the area surrounding the X1 deposit at Matupá to identify additional resource potential [29].
Aura Minerals Updates Aranzazu, Almas and Minosa NI 43-101 Technical Reports
Globenewswire· 2025-04-01 02:53
ROAD TOWN, British Virgin Islands, March 31, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) ("Aura" or the "Company") is pleased to announce that it has filed updated technical reports (the "Reports") for its Aranzazu, Almas and Minosa mines. The Reports can be found on the Company's website at www.auraminerals.com or under the Company's issuer profile at www.sedarplus.ca. The Reports have been prepared in accordance with the disclosure and reporting requirements set fort ...
Aura Minerals Successfully Starts Ramp-Up at Borborema, On Schedule, Within Budget, and Setting an ESG Benchmark
Globenewswire· 2025-03-28 08:00
Core Viewpoint - Aura Minerals Inc. has commenced production ramp-up at its Borborema Mine, expecting to achieve commercial production by Q3 2025, positioning it as a cornerstone asset for the company with significant economic potential in Brazil's mining sector [1][2]. Production and Economic Highlights - Borborema is projected to have an average annual production of 83,000 ounces of gold for the first three years, with 2025 production guidance set between 33,000 and 40,000 ounces [3]. - The mine is expected to deliver an after-tax internal rate of return (IRR) of 41.8% on an unleveraged basis and 81.4% with 50% leverage, based on a gold price of US$2,600 per ounce [2]. - The feasibility study indicates a total anticipated production of 748,000 ounces of gold over an 11.3-year life of mine (LOM), with over 2,000,000 contained ounces of gold in the Indicated Mineral Resource category [2][3]. Operational Efficiency and Community Impact - The Borborema project was built on time and on budget in just 19 months, with zero lost time incidents, showcasing the company's strategy of creating efficient and scalable projects [2]. - The mine employs approximately 2,184 personnel, with 68% hired from the local community, contributing to regional economic growth and encouraging entrepreneurship [3]. Environmental and Strategic Commitment - Borborema is positioned as a global ESG benchmark, utilizing innovations such as grey water from the nearby municipality and renewable energy, reflecting the company's commitment to responsible operations [2]. - The company aims to convert significant additional Indicated Mineral Resources into Mineral Reserves through the approval of a road relocation [3].
Orange: Publication of the 2024 Universal Registration Document
Globenewswire· 2025-03-27 17:24
Group 1 - Orange filed its 2024 Universal Registration Document with the Autorité des Marchés Financiers (AMF) in France on 27 March 2025 [1] - The document includes the 2024 Annual Financial Report, the Report of the Board of Directors on Corporate Governance, the Sustainability Statement, and information on the next Combined Ordinary and Extraordinary Shareholders' Meeting scheduled for 21 May 2025 [4] Group 2 - Orange reported revenues of 40.3 billion euros in 2024 and employed 127,000 people worldwide as of 31 December 2024, with 71,000 employees in France [2] - The company had a total customer base of 291 million as of 31 December 2024, which includes 253 million mobile customers and 22 million fixed broadband customers [2] - Orange operates in 26 countries and is a leading provider of global IT and telecommunication services to multinational companies under the brand Orange Business [2] - The strategic plan "Lead the Future" was presented in February 2023, focusing on a new business model emphasizing responsibility and efficiency [2]
Aura Minerals Announces Renewal of Normal Course Issuer Bid and Concurrent Buyback Program for Brazilian Depositary Receipts
Globenewswire· 2025-03-24 12:01
ROAD TOWN, British Virgin Islands, March 24, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) ("Aura Minerals" or the "Company") announces today that the Toronto Stock Exchange (the "TSX") has accepted the Company's notice of intention to renew its normal course issuer bid (the "NCIB") for its issued and outstanding common shares (the "Common Shares") listed on the TSX. The Company is also announcing the concurrent renewal of its BDR buyback program (the "BDR Buyback Progra ...
CWENA vs. ORA: Which Stock Is the Better Value Option?
ZACKS· 2025-03-20 16:40
Investors interested in stocks from the Alternative Energy - Other sector have probably already heard of Clearway Energy (CWENA) and Ormat Technologies (ORA) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Sty ...
Total number of shares and voting rights at February 28, 2025
Globenewswire· 2025-03-07 17:00
7 March 2025 Orange: information on the total number of shares and voting rights referred to in Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulations of the Autorité des Marchés Financiers. In application of Article L. 22-10-46 of the French Commercial Code (Code de commerce), as from 3 April 2016, a double voting right is automatically granted to fully paid-up shares that have been held in registered form and under a single shareholder name for at least two years. ...
CWENA vs. ORA: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-03-04 17:45
Investors with an interest in Alternative Energy - Other stocks have likely encountered both Clearway Energy (CWENA) and Ormat Technologies (ORA) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision ...