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Hercules Metals Intersects 285 m of 0.47% Copper, Including 56 m of 0.89% Copper at the Leviathan Porphyry System and Discovers New Silver Zone in Southern Flats with 10.7 m of 420.5 g/t AgEq
TMX Newsfile· 2025-12-22 12:00
Core Insights - Hercules Metals Corp. has confirmed a significant new silver discovery at Hercules, marking the first such discovery since the 1980s, indicating a major southern extension of the Ag-Pb-Zn epithermal system [1][7] - The ongoing drilling campaign in 2025 has yielded promising results from the Leviathan porphyry copper discovery, showcasing strong continuity and thickness in mineralization [2][3] Drilling Results - Drill hole HER-25-12 intersected 285 m of mineralization grading 0.47% Cu, 63 ppm Mo, and 1.0 g/t Ag, including a notable 56 m section with 0.89% Cu, 41 ppm Mo, and 1.7 g/t Ag [3][18] - The first drill hole in the Southern Flats Zone, HER-25-06, revealed 10.7 m grading 257.2 g/t Ag, 2.18% Pb, and 4.62% Zn (420.5 g/t AgEq), within a broader interval of 119.9 m grading 31.2 g/t Ag, 0.29% Pb, and 0.86% Zn (59.7 g/t AgEq) [4][8] Geological Insights - The newly identified epithermal silver-lead-zinc center in the Southern Flats Zone is supported by multiple drill holes spaced over 1 km apart, suggesting the potential for the largest epithermal silver system on the Hercules Property [8] - The alteration observed in drill holes indicates proximity to a nearby porphyry center, with ongoing step-out drilling planned to follow up on these results [5][7] Future Exploration Plans - A refined, high-resolution model of the 5 km Leviathan anomaly is expected to enhance targeting for new porphyry and epithermal centers, particularly in areas with reduced cover thickness [8] - Follow-up drilling is planned to test the southwest extension of the Footwall Zone, with additional holes scheduled to resume in early 2026 [5][18] Company Overview - Hercules Metals Corp. is focused on developing a new porphyry copper district in Idaho, with the Leviathan porphyry copper system being one of the most significant discoveries in the country [25][26] - The company aims to deliver value to shareholders through continued drilling and discovery success, supported by strategic investments [27]
Analysts Reduce Respective Price Targets on The Southern Company (SO)
Yahoo Finance· 2025-12-20 11:40
The Southern Company (NYSE:SO) is included among the 11 Best Utility Stocks to Invest in According to Hedge Funds. Analysts Reduce Respective Price Targets on The Southern Company (SO) eliza-diamond-Iw2oRD2NP2w-unsplash The Southern Company (NYSE:SO) is one of the largest producers of electricity in the United States and the largest wholesale provider in the Southeast. Together with its subsidiaries, the company delivers clean, safe, reliable, and affordable energy to its 9 million customers. On Decem ...
Southern California Edison Announces Expiration and Results of Tender Offer for 5.45% Fixed-to-Floating Rate Trust Preference Securities Issued by SCE Trust V
Businesswire· 2025-12-20 00:07
Core Points - Southern California Edison announced the expiration and results of its cash tender offer for the outstanding 5.45% Fixed-to-Floating Rate Trust Preference Securities issued by SCE Trust V [1] Group 1 - The cash tender offer was aimed at purchasing all outstanding Trust Securities along with Accrued Distributions [1] - The offer expired on December 19, 2025 [1]
Flood Relief: U-Haul Offers 30 Days Free Storage in Oregon and Southern Washington
Businesswire· 2025-12-20 00:00
Core Points - U-Haul is providing 30 days of free self-storage and U-Box container use at 37 facilities in Oregon and southern Washington to assist residents impacted by flash floods and potential landslides [1] - The region has experienced heavy rainfall leading to flooding in several rivers, resulting in residential water damage and evacuations [1] - Access to dry, secure self-storage units and portable storage containers is crucial for communities during natural disasters [1]
The Presidio Group Exclusively Advises Hartz Automotive in the Sale of Its Ownership Interest in Three Southern California Penske Dealerships to Franchise Equity Partners
Businesswire· 2025-12-19 14:21
Core Insights - The Presidio Group LLC, an independent merchant banking firm, advised Hartz Automotive in the sale of its ownership interests in three dealerships in Southern California to Franchise Equity Partners [1] Group 1: Transaction Details - The transaction closed on December 16 and involved Hartz Automotive's stakes in Penske Buick-GMC of Cerritos and Penske [1]
Will Direct Distribution in Southern Europe Boost ISRG's Margins?
ZACKS· 2025-12-18 14:31
Core Insights - Intuitive Surgical (ISRG) plans to transition to direct distribution in Southern Europe, specifically in Italy, Spain, and Portugal, by 2026, which involves moving approximately 250 employees from distributors to its own payroll [1][10] - This strategic shift aims to enhance profitability and market control by eliminating third-party distributor margins, which is expected to be slightly accretive to pro forma earnings [2][10] - The move allows for better integration of training, service responsiveness, and digital offerings, potentially increasing utilization rates in Southern Europe, which are currently below those in the U.S. [3] Company Strategy - By cutting out distributors, ISRG can capture previously shared economics, particularly on high-margin recurring streams such as instruments and service contracts [2] - The direct sales model is anticipated to support more disciplined pricing and better contract standardization, aligning capital placements with procedure growth [2] - Direct control over operations will provide ISRG with clearer insights into hospital demand and budgeting cycles, which is crucial in cost-sensitive European markets [3] Operational Challenges - The transition involves significant execution risks, including integration challenges related to workforce transfer and maintaining commercial momentum [4] - Potential disruptions from losing distributor relationships could temporarily affect system placements and service responsiveness [4] - Increased operating expenses are expected in the near term as ISRG builds local infrastructure, which may pressure margins before the anticipated benefits are realized [4] Industry Context - Stryker (SYK) is expanding its European presence by leveraging U.S. platforms and has reported solid international growth, particularly in Europe [5][6] - Zimmer Biomet (ZBH) is recalibrating its European strategy due to recent weaknesses in Eastern Europe, focusing on higher-impact launches and tighter commercial execution [7][8] Financial Performance - ISRG shares have increased by 9.3% over the past six months, compared to a 16.8% rise in the industry [11] - The company trades at a forward price-to-earnings ratio of 58.4, which is above the industry average but lower than its five-year median of 71.52 [13] - The Zacks Consensus Estimate for ISRG's 2025 earnings indicates a 17.3% increase from the previous year [14]
Southern Company Ranked as the No. 1 Employer in the US on 2025 Military Times Best for Vets: Employers List
Prnewswire· 2025-12-16 17:36
Continue Reading Southern Company was named the No. 1 overall employer on the Military Times Best for Vets list for 2025, the second time the company has earned the top ranking. The Military Times Best for Vets list is a highly respected, independent evaluation that is compiled by surveying hundreds of companies and organizations across the country. The methodology used in evaluating employers includes recruitment and onboarding practices, retention and career advancement programs, and support for veterans ...
Shimmick Preferred Bidder on $81.5 Million in Water and Electrical Projects in Los Angeles Market
Globenewswire· 2025-12-16 13:30
Core Insights - Shimmick Corporation has been awarded two significant projects in the Los Angeles market, totaling approximately $81.5 million, reflecting the company's strong position in complex infrastructure solutions [1][2]. Project Summaries - The first project, Berths 49–51 Outer Harbor Cruise Terminal Development, is valued at $61.3 million and involves substantial electrical, structural, and civil improvements to support shore power and modern cruise terminal operations. This project aims to enhance sustainability by allowing vessels to connect to shore power, thereby reducing emissions [2][3]. - The second project, Palmdale Water Reclamation Plant Influent Pump Station Modifications, is valued at $20.2 million and focuses on upgrades to influent pumping and electrical systems, along with the construction of a new utility building. This project is designed to improve operational reliability and support long-term water reclamation efforts in the region [3]. Timeline - Construction on both projects is anticipated to commence in 2026, pending the completion of final permitting and preconstruction activities [4]. Company Overview - Shimmick Corporation is recognized as a leader in delivering turnkey infrastructure solutions across various sectors, including water, energy, climate resilience, and sustainable transportation. The company combines technical excellence with collaborative project delivery methods to provide innovative, technology-driven solutions that foster economic growth and empower communities [5].
UK's Serica Energy to buy Southern North Sea assets for $76 million
Reuters· 2025-12-16 07:23
Group 1 - Serica Energy has agreed to acquire a portfolio of Southern North Sea assets from Spirit Energy for an upfront consideration of 57 million pounds ($76.19 million) [1]
Georgia Power receives turbine and generator for new Unit 9 at Plant Yates
Prnewswire· 2025-12-15 17:00
Progress continues on new Units 8 and 9 as expansion moves forward to meet Georgia's growing energy demand Natural gas is also a part of the ongoing all-source RFP certification filing with the PSC. The filing includes the request to certify five new combined cycle (CC) units, totaling 3,692 MW, to be strategically located across the state to help ensure grid stability and reliability and support the state's economic growth in the coming years. The units are proposed to be placed at Plants Bowen, McIntosh a ...