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Aura Declares Commercial Production at Borborema
Globenewswire· 2025-09-23 11:00
Core Viewpoint - Aura Minerals Inc. has achieved commercial production at its Borborema gold mine as of September 22, 2025, with significant operational metrics indicating strong performance and potential for future growth [1][2]. Group 1: Production and Operational Metrics - The Borborema mill is operating above 80% of its design capacity, processing 4,500 tonnes per day, with gold recoveries consistently above 90%, reaching up to 92% [1][2]. - The mine has already sold more than 10,000 ounces of gold since the start of production [1]. Group 2: Project Details and Reserves - Borborema has probable mineral reserves of 812,000 ounces of gold, with indicated mineral resources estimated at approximately 1.18 million ounces of gold [2][3]. - The feasibility study completed in August 2023 anticipates production of 748,000 ounces of gold over an 11.3-year mine life, with potential for increased output [3]. Group 3: Environmental and Operational Excellence - The project utilizes 100% treated greywater for all water needs, reflecting the company's commitment to sustainability and environmental responsibility [2]. - The Borborema project was completed on time and on budget, with no Lost Time Incidents (LTI) reported during construction [2]. Group 4: Company Overview - Aura Minerals focuses on the development and operation of gold and base metal projects in the Americas, with five operating assets including Borborema [6]. - The company emphasizes a holistic approach to mining, termed "360° Mining," which considers the impacts on all stakeholders [5].
Total number of shares and voting rights at August 31, 2025
Globenewswire· 2025-09-15 16:26
Group 1 - The article discusses the total number of shares and voting rights of Orange, in compliance with French commercial regulations [1] - As of January 31, 2025, Orange has a total of 2,660,056,599 shares, with 3,835,000 treasury shares without voting rights [2] - The theoretical number of voting rights as of January 31, 2025, is 3,172,669,760, while the number of exercisable voting rights is 3,169,834,760 [2] Group 2 - The number of treasury shares without voting rights has varied over the months, with a notable decrease to 1,541,848 by April 30, 2025 [2] - The theoretical number of voting rights has shown a slight increase from 3,172,669,760 in January to 3,177,421,164 in April 2025 [2] - The number of exercisable voting rights also increased from 3,169,834,760 in January to 3,175,879,316 in April 2025 [2]
Mon: Netanyahu's isolation remarks drag TASE down
En.Globes.Co.Il· 2025-09-15 15:38
Market Overview - The Tel Aviv Stock Exchange experienced a decline following Prime Minister Benjamin Netanyahu's comments on Israel's need for self-sufficiency, which overshadowed previous gains. The Tel Aviv 35 Index decreased by 0.27% to 3,058.22 points, the Tel Aviv 125 Index fell by 0.55% to 3,114.92 points, and the BlueTech Global Index dropped by 0.50% to 560.02 points. The All Bond corporate bond index also fell by 0.12% to 411.38 points. Total turnover in equities was NIS 2.80 billion and in bonds was NIS 3.83 billion [1]. Currency Exchange Rates - In the foreign exchange market, the shekel-dollar rate increased by 0.421% to NIS 3.341/$, while the shekel-euro rate rose by 0.522% to NIS 3.927/€ [2]. Company Performances - Bank Hapoalim led the market with a slight increase of 0.05% and the highest trading turnover. Mizrahi Tefahot Bank rose by 0.62%. Nova Ltd. recorded the largest gain on the Tel Aviv 35 Index, rising by 2.61%. Camtek increased by 1.44%, Bezeq Israel Telecommunications Company rose by 1.16%, and Ormat Technologies saw a rise of 1.56% [3]. Declines in Company Stocks - Clal Insurance Enterprise Holdings experienced the largest decline on the Tel Aviv 35 Index, falling by 3.97%. Phoenix Financial dropped by 3.22%. Other notable declines included Teva Pharmaceutical Industries, which fell by 1.68%, Elbit Systems decreased by 0.54%, and Delek Group saw a decline of 2.09% [4].
Aura to Voluntarily Delist from Toronto Stock Exchange
GlobeNewswire News Room· 2025-09-08 10:00
Core Viewpoint - Aura Minerals Inc. has received approval for the voluntary delisting of its common shares from the Toronto Stock Exchange (TSX), effective September 25, 2025, while continuing to trade on the Nasdaq and B3 [1][2]. Group 1: Delisting Details - The decision to delist from the TSX follows the listing of common shares on Nasdaq on July 16, 2025, aimed at consolidating trading in the U.S. equity market to enhance stock liquidity [2]. - The delisting is also influenced by the ongoing fees and expenses associated with maintaining a TSX listing, alongside the availability of an alternative market on Nasdaq [2]. - The TSX does not require shareholder approval for the voluntary delisting, as an acceptable alternative market will exist on the date of delisting [3]. Group 2: Impact on Shareholders - Holders of common shares in Canadian brokerage accounts are advised to contact their brokers to confirm trading procedures on Nasdaq post-delisting [3]. - The rights of holders of Brazilian Depositary Receipts (BDRs) listed on B3 will remain unaffected, as they will continue to be supported by common shares listed on Nasdaq [2]. Group 3: Company Overview - Aura Minerals is focused on the development and operation of gold and base metal projects in the Americas, with five operating assets including gold and copper mines in Honduras, Brazil, and Mexico [6]. - The company emphasizes a holistic approach to mining, termed "360° Mining," which considers the impact on all stakeholders [5].
Ormat Technologies Begins Lower Rio Energy Storage Facility Operation
ZACKS· 2025-09-03 15:31
Core Insights - Ormat Technologies, Inc. has commenced commercial operations at its Lower Rio energy storage facility in Texas, featuring a 60 MW/120 MWh Battery Energy Storage System under a seven-year tolling agreement [1][9] - The new facility increases Ormat's total U.S. energy storage capacity to 350 MW/778 MWh, reflecting the company's commitment to expanding its Energy Storage segment in key markets [2][9] Company Developments - The Lower Rio facility is a strategic move to address rising energy demands in Texas, driven by economic and population growth, particularly from data centers [3][9] - The tolling agreement provides Ormat with predictable, long-term revenues, aligning with its strategy to enhance profitability and sustainable growth [4] Market Trends - The U.S. energy storage market is projected to grow at a CAGR of 29.1% from 2025 to 2034, indicating significant opportunities for companies like Ormat Technologies [5] - Ormat is actively constructing six additional energy storage projects with a total capacity of 385 MW/1,300 MWh across California, Texas, and New Jersey, aiming for a portfolio of 950-1,050 MW/2,500-2,900 MWh by the end of 2028 [6] Competitive Landscape - Other alternative energy companies, such as Ameresco, Fluence Energy, and Energy Vault, are also expanding their operations to capitalize on the growing U.S. energy storage market [7][10] - Ameresco's long-term earnings growth rate is estimated at 25%, while Fluence Energy has begun production at a new manufacturing facility to meet U.S. demand [8][10] Stock Performance - Ormat Technologies' stock has increased by 2.9% over the past month, contrasting with a 6.4% decline in the industry [12]
Ormat Publishes 2024 Sustainability Report, Marking 60 Years of Innovation and Impact
Globenewswire· 2025-09-02 20:10
Core Insights - Ormat Technologies Inc. released its annual Sustainability Report, showcasing its commitment to sustainability and renewable energy [1][2] - The report emphasizes the company's progress in expanding renewable energy capacity and enhancing its environmental, social, and governance (ESG) performance [2][4] Sustainability Achievements - The 2024 Sustainability Report highlights significant achievements, including avoiding approximately 2,488,811 metric tons of CO2e emissions, which is over 11 times more than the emissions produced by the company [8] - The company met its annual target by reducing Scope 1 & 2 emissions intensity by an average of 5% compared to the base year [8] - Ormat contributed nearly $1 million to community initiatives across its global locations [8] Governance and Reporting Standards - The report is aligned with the Global Reporting Initiative (GRI) standards and the Sustainability Accounting Standards Board (SASB) requirements, as well as the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations [4] - The company aims to enhance transparency through comprehensive reporting and disclosures, thereby creating long-term value for stakeholders [4] Company Overview - Ormat Technologies is a leading geothermal and renewable energy company with over six decades of experience [6] - The company operates a total generating portfolio of 1,618 MW, which includes 1,268 MW from geothermal and solar generation, and a 350 MW energy storage portfolio located in the U.S. [6] - Ormat is vertically integrated, engaging in geothermal and recovered energy generation, and is focused on accelerating growth in the energy storage market [6]
Ormat Commences Commercial Operation of Lower Rio Energy Storage Facility, Delivering 60MW/120MWH of Energy Storage Capacity
Globenewswire· 2025-09-02 12:07
Core Insights - Ormat Technologies Inc. has successfully commenced commercial operations at its Lower Rio energy storage facility, a 60MW/120MWh Battery Energy Storage System located in Texas, under a seven-year tolling agreement [1][2][3] - The company has entered a Hybrid Tax Equity partnership with Morgan Stanley Renewables, Inc. to monetize the 40% Investment Tax Credit (ITC) for the Lower Rio project, resulting in approximately $25 million in proceeds [2][3] - With the addition of the Lower Rio facility, Ormat's total capacity in the U.S. now stands at 350MW/778MWh, contributing to its strategic growth in the energy storage segment [2][4] Company Overview - Ormat Technologies is a leading geothermal and renewable energy company with over six decades of experience, focusing on geothermal and recovered energy generation [4] - The company operates a total generating portfolio of 1,618MW, which includes 1,268MW from geothermal and solar generation across various countries, and a 350MW energy storage portfolio in the U.S. [4] - Ormat aims to establish a leading position in the U.S. energy storage market, leveraging its core capabilities in geothermal and REG industries [4]
Payment of dividends to BDR holders
Globenewswire· 2025-08-29 23:37
Group 1 - Aura Minerals Inc. announced a dividend payment of US$0.11 per BDR on August 5, 2025, with a payment date set for September 5, 2025 [1][4] - The effective exchange rate for converting US dollars into Brazilian reais is BRL 5.4134 per USD, resulting in dividends of R$0.593211199 per BDR for holders [4] - A tax of 0.38% will be applied on the financial transaction related to the dividend payment [4] Group 2 - Aura Minerals is focused on the development and operation of gold and base metal projects across the Americas, with five operating assets including gold and copper mines in Honduras, Brazil, and Mexico [3] - The company emphasizes a holistic approach to mining, termed "360° Mining," which considers the impacts and benefits to all stakeholders involved [2]
Aura Announces a Change in the Company's BDRs
Globenewswire· 2025-08-29 23:29
Core Points - Aura Minerals Inc. has received approval from the Brazilian Securities Commission to change the reference stock exchange for its Brazilian Depositary Receipts from the Toronto Stock Exchange to the Nasdaq Global Select Market, effective September 5, 2025 [1][2] - The company's common shares will continue to be listed on Nasdaq under the symbol "AUGO" and on TSX under the symbol "ORA", while the BDRs will remain listed on B3 S.A. under the symbol "AURA33" [2] Company Overview - Aura Minerals is focused on the development and operation of gold and base metals projects across the Americas, operating five mines including the Minosa gold mine in Honduras and several gold mines in Brazil [4] - The company also has various projects in different stages, including Era Dorada in Guatemala, Tolda Fria in Colombia, and multiple projects in Brazil such as Matupá, São Francisco, and the Carajás copper project [4] - Aura adopts a holistic approach to mining, termed "360º Mining," which considers the impact and benefits of its operations on all stakeholders, including shareholders, employees, and local communities [3]
Orange: Orange issues new bonds for a total notional of euros 900 million
Globenewswire· 2025-08-28 16:57
Group 1 - Orange has issued a new bond totaling EUR 900 million with a 12-year term and a coupon rate of 3.75% [2][3] - The bond offering is part of Orange's strategy for prudent and active balance sheet management [3] - Barclays and BofA Securities are acting as Global Coordinators, with several banks serving as Bookrunners for the bond issuance [3] Group 2 - Orange is a leading telecommunications operator with projected revenues of EUR 40.3 billion in 2024 and a workforce of 124,600 employees globally as of June 30, 2025 [4] - The company serves a total customer base of 300 million, including 262 million mobile customers and 22 million fixed broadband customers [4] - Orange operates in 26 countries and is also a significant provider of IT and telecommunications services to multinational companies under the Orange Business brand [5] Group 3 - In February 2023, Orange introduced its strategic plan "Lead the Future," focusing on a new business model emphasizing responsibility and efficiency [5] - The plan aims to enhance Orange's leadership in service quality by leveraging network excellence [5] - Orange is listed on Euronext Paris under the symbol ORA [5]