Core Viewpoint - Georgia Power, in collaboration with Mitsubishi Power, has delivered the first of three new advanced natural gas turbines to Plant Yates, marking the company's first new natural gas project in over a decade, aimed at meeting the growing energy demand in Georgia [1][4][5]. Group 1: Project Details - The new Mitsubishi Power M501JAC combustion turbines will provide a total generation capacity of 1,300 megawatts (MW) when all units are operational [1]. - The first turbine, weighing nearly 350 tons and measuring 50 feet long and 18 feet wide, was assembled in Savannah and transported to the site via rail and truck [1]. - The new units are expected to be operational by the end of 2027, as approved by the Georgia Public Service Commission (PSC) in the 2023 Integrated Resource Plan (IRP) Update [4]. Group 2: Economic Impact - The expansion at Plant Yates is projected to create approximately 600 jobs during the construction phase and add 15 permanent jobs once completed, increasing the plant's workforce to 75 full-time positions [3]. - Plant Yates has been a significant energy source for Georgia since its commercial operation began in 1950, supporting local economic growth [3]. Group 3: Technological Advancements - The M501JAC turbines offer higher output and efficiency compared to previous designs, with a startup time of approximately 30 minutes and the capability to run on oil if natural gas is unavailable [5]. - The technology also allows for future modifications to use a hydrogen mix as fuel, aligning with industry trends towards reduced carbon emissions [5][6]. Group 4: Energy Strategy - Natural gas currently accounts for 40% of Georgia Power's annual energy generation, and the company is committed to meeting the energy needs of a rapidly growing Georgia through its IRP process [7]. - Georgia Power is also investing in upgrades at other plants, including combined cycle and simple cycle enhancements at Plant McIntosh, which will add an additional 268 MW of capacity [8].

Core Insights - Spirit Airlines has launched new service to Savannah/Hilton Head International Airport (SAV), marking its first entry into this market with daily nonstop flights to Newark Liberty International Airport (EWR) and additional routes planned for Fort Lauderdale, Nashville, and Detroit [1][2] Service Details - The new Savannah service includes: - Daily flights to Newark (EWR) starting August 14, 2025 - Four weekly flights to Fort Lauderdale (FLL) and three weekly flights to Nashville (BNA) starting October 9, 2025 - Two weekly flights to Detroit (DTW) starting October 10, 2025 [2] Community Impact - The addition of Savannah to Spirit's network is seen as a significant benefit for the local region, providing convenient access to popular destinations and enhancing travel opportunities for visitors to Southeast Georgia and coastal areas of Southeast South Carolina [2] Loyalty Program Promotion - To celebrate the new service, Spirit Airlines is offering a Free Spirit loyalty program promotion where members can earn 1,500 bonus points on roundtrip flights and 750 bonus points on one-way flights to and from Savannah [3][6] Enhanced Travel Experience - Spirit Airlines offers three travel options for guests, including: - Spirit First: Enhanced comfort with additional amenities - Premium Economy: More space and extra legroom - Value: Affordable options allowing travelers to select only necessary extras [4] Industry Recognition - Spirit Airlines has received multiple accolades, including being named Best Airline Overall for 2025 and recognized as a Four Star Low Cost Carrier by APEX [5]

CEO.CA's Inside the Boardroom: Southern Energy CEO Discusses U.S. Gulf Coast Expansion Strategy Amid Booming LNG Exports August 13, 2025 8:30 AM EDT | Source: CEO.CA Technologies Ltd. Toronto, Ontario--(Newsfile Corp. - August 13, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers. Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial web ...

Core Viewpoint - Fortuna Mining Corp. reports promising exploration drilling results from the Southern Arc deposit at the Diamba Sud Gold Project in Senegal, indicating potential for resource growth and further exploration planned for September 2025 [1][2]. Exploration Results - Drillhole DSDD488 intersected 22.7 g/t Au over an estimated true width of 21.6 meters from a depth of 53 meters, highlighting high-grade intercepts [2]. - Additional notable results include: - DSDD418: 6.3 g/t Au over 18.2 meters from 31 meters, with higher grades of 23.3 g/t Au over 0.8 meters from 40 meters [3]. - DSDD440: 10.4 g/t Au over 0.8 meters from 41 meters and 19.4 g/t Au over 0.8 meters from 43 meters [3]. - DSDD444: 33.5 g/t Au over 0.8 meters from 45 meters and 9.7 g/t Au over 20.8 meters from 117 meters [3]. - DSDD4621: 4.2 g/t Au over 31.2 meters from 5 meters, including 13.3 g/t Au over 0.8 meters from 7 meters [3]. Drilling Program Overview - A total of 152 reverse circulation and diamond core drill holes have been completed, totaling 21,234 meters since the last update [4]. - Of these, 53 drill holes were completed after the data cutoff for the maiden Inferred Mineral Resource estimate of 3.9 million tonnes averaging 1.57 g/t Au, containing 194,000 ounces of gold [6]. Future Plans - Drilling is set to resume in September 2025 after the rainy season, with further results expected by year-end [2][5]. - An updated resource estimate is planned for the first quarter of 2026, incorporating the results from the recent drilling [6]. Geological Context - Mineralization at Southern Arc is characterized by fine stockwork vein arrays and pyrite-silica flooding, with a strong correlation to tectonic breccias and carbonate units [7]. - The mineralization remains open at depth and along strike to the south and east, indicating further exploration potential [7].

Core Viewpoint - Southern Co. has shown a positive stock performance recently, outperforming the S&P 500 composite and the Zacks Utility - Electric Power industry, raising questions about its near-term stock trajectory [1] Earnings Estimates Revisions - Southern Co. is projected to post earnings of $1.48 per share for the current quarter, reflecting a year-over-year increase of +3.5% and an 8.6% upward revision in the Zacks Consensus Estimate over the last 30 days [4] - The consensus earnings estimate for the current fiscal year stands at $4.28, indicating a +5.7% year-over-year change, with a slight decrease of -0.2% in the estimate over the past month [4] - For the next fiscal year, the consensus earnings estimate is $4.59, representing a +7.3% change from the previous year, with a minor increase of +0.2% in the estimate over the past month [5] Revenue Growth Projections - The consensus sales estimate for the current quarter is $7.49 billion, indicating a year-over-year change of +3% [10] - For the current fiscal year, the revenue estimate is $28.42 billion, reflecting a +6.4% change, while the next fiscal year's estimate of $29.75 billion indicates a +4.7% change [10] Last Reported Results and Surprise History - In the last reported quarter, Southern Co. achieved revenues of $6.97 billion, a year-over-year increase of +7.9%, and an EPS of $0.91, down from $1.09 a year ago [11] - The reported revenues exceeded the Zacks Consensus Estimate of $6.56 billion by +6.24%, and the EPS surprise was +4.6% [11] - Over the last four quarters, Southern Co. has surpassed consensus EPS estimates three times and topped revenue estimates each time [12] Valuation - Southern Co. is graded D on the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [16] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is overvalued, fairly valued, or undervalued [14][15] Bottom Line - The Zacks Rank 3 suggests that Southern Co. may perform in line with the broader market in the near term, despite the market buzz surrounding the company [17]

Core Insights - Southern Cross Gold Consolidated Ltd has announced a significant metallurgical development at its Sunday Creek Gold-Antimony Project, focusing on selective flotation processing that yields high-grade, low-arsenic antimony-gold concentrate [1][5][10] Metallurgical Development - Stage 2 test work has successfully demonstrated selective flotation processing, producing a high-grade, low-arsenic antimony-gold concentrate while achieving excellent recovery of native gold [2][3] - The selective flotation technology identified specialized collector chemistry that effectively separates antimony minerals from arsenic-bearing minerals, addressing a critical requirement while maintaining high gold recovery [3][5] - Overall gold recovery ranges from 92.3% to 95.6% across three product streams, indicating a robust processing capability [4][16] Product Streams - The project has established a three-product processing strategy: 1. Gravity gold concentrate, achieving direct recovery of native gold up to 51.4% of feed gold [23] 2. Antimony-gold concentrate, producing high-grade concentrates with antimony grades of 48.2% to 53.1% and gold grades reaching up to 93.2 g/t [8][16] 3. Sulphide concentrate, capturing remaining free gold and gold associated with pyrite-arsenopyrite [23] Economic Potential - The combination of excellent overall native gold recovery and the ability to produce premium antimony concentrates enhances the project's economic potential, particularly given the favorable market conditions for antimony due to recent export restrictions from China [5][33] - Antimony represents approximately 21% to 24% of the in-situ recoverable value of the Sunday Creek project, highlighting its significance alongside gold [32][37] Future Development - The company plans to scale up processing through locked-cycle testing, pilot plant evaluation, and process plant design targeting Q1 2027 [4][20] - Future testing will focus on optimizing recovery rates, understanding the impact of grind size, and developing geometallurgical models across deposit zones [20][38]

Core Insights - The Southern Company reported Q2 2025 earnings per share (EPS) of 91 cents, exceeding the Zacks Consensus Estimate of 87 cents, but down from $1.09 in the previous year due to increased expenses and milder weather [1][8] - Revenues reached $7 billion, a 7.9% increase from Q2 2024, surpassing the Zacks Consensus Estimate of $6.6 billion [2][8] - The company guided EPS for the year between $4.20 and $4.30, with a projection of $1.50 for the September quarter, maintaining a long-term EPS growth rate of 5-7% [2] Revenue Breakdown - Wholesale power sales decreased by 1.8%, while retail electricity demand saw a slight increase [3] - Total electricity sales edged down 0.1% year-over-year, with total retail sales rising by 0.5% [3] - Industrial and commercial sales increased by 2.8% and 1.3%, respectively, while residential sales fell by 2.7% [3] Expense Summary - Operations and maintenance (O&M) costs rose by 21.4% year-over-year to $1.7 billion [4] - Total operating expenses for the quarter were $5.2 billion, a 15.1% increase from the previous year, exceeding estimates of $4.9 billion [4] Comparison with Other Utilities - PPL Corporation reported operating EPS of 32 cents, missing estimates, but total revenues of $2.03 billion exceeded expectations [6] - American Water Works Company posted operating EPS of $1.48, below estimates, with total operating expenses rising by 12.4% [9][10] - IDACORP, Inc. reported EPS of $1.76, in line with estimates, with a year-over-year improvement attributed to customer growth and rate changes [11][12]

Core Viewpoint - Mississippi Power has appointed Pedro Cherry as chairman and CEO, succeeding Anthony Wilson, who retired after over 40 years of service [1][2]. Company Leadership - Pedro Cherry has been elected as chairman and CEO by the board of directors, having previously served as president since March [1][2]. - Cherry has 30 years of experience in the energy industry, with nearly 25 years within the Southern Company system [2]. Community Engagement - Cherry has prioritized engagement with community organizations, customers, and employees to better understand and support the needs of Southeast Mississippi [3]. Future Outlook - Cherry expressed optimism about Mississippi's future, highlighting the company's commitment to safety, reliability, and service as it enters its next century [4]. Company Background - Mississippi Power, a subsidiary of Southern Company, has been in operation for 100 years, serving over 192,000 customers across 23 counties in Southeast Mississippi [5]. - The company has received recognition for its safety performance and outstanding storm response, including awards from the Southeastern Electric Exchange and the Edison Electric Institute [5].

Core Points - Adam Emrich has been appointed as Vice President of Customer Solutions and Sales at Southern Linc, effective August 2, 2025 [1][2] - Emrich will oversee various teams including Sales and Marketing, Customer Experience, and Customer Operations, managing all aspects of customer experience [2] - He brings expertise in business optimization, financial leadership, and customer engagement to the role [3] - Prior to joining Southern Linc, Emrich served as Customer Solutions Operations Director at Georgia Power, handling multiple operational responsibilities [4] - Emrich has a diverse background with roles in Power Delivery, External Affairs, Accounting, Finance, Sales, and Customer Solutions, and holds a Bachelor's degree in Business Administration [5] - He is also actively involved in community service, serving on the advisory board of the Atlanta Community Food Bank and coaching youth sports [6] Company Overview - Southern Linc is a wireless communications company wholly owned by Southern Company, which serves 9 million customers across the Southeast [7] - The company provides mission-critical LTE wireless services to Southern Company subsidiaries and public sector customers in Alabama, Georgia, and southeastern Mississippi [1][7] - Southern Linc's CriticalLinc™ 4G LTE Advanced network offers highly reliable and secure wireless voice and data services, supporting critical business processes [7]

Financial Data and Key Metrics Changes - The adjusted earnings per share (EPS) for Q2 2025 was reported at $0.92, which is $0.07 above the estimate and $0.18 lower than Q2 2024 [9] - Year-to-date retail electricity sales were 1.3% higher than 2024, with a 3% increase in sales growth in Q2 compared to the previous year [10] - Adjusted EPS estimate for Q3 2025 is projected at $1.50 per share [9] Business Line Data and Key Metrics Changes - Increased earnings from state-regulated utilities contributed positively, alongside higher usage and customer growth, adding $0.06 year-over-year compared to 2024 [9] - Weather-normal residential sales increased by 2.8%, supported by the addition of over 15,000 new electric customers in the quarter [10] - Data center usage was notably up by 13% compared to 2024, with industrial sales to major customer segments like transportation and primary metals increasing by 6% year-over-year [11] Market Data and Key Metrics Changes - Economic development activities in the Southeast resulted in nearly $2 billion of capital investment and over 6,000 new jobs announced in the service territories [12] - The large load pipeline across Alabama, Georgia, and Mississippi remains above 50 gigawatts of potential incremental load by the mid-2030s [13] - The Georgia Public Service Commission approved a stipulated agreement that extends Georgia Power's 2022 alternate rate plan, stabilizing base rates through 2028 [14] Company Strategy and Development Direction - The company is focused on building for growth in the Southeast, leveraging its vertically integrated market and constructive regulatory processes [23] - The 2025 Integrated Resource Plan (IRP) approval allows for continued investment in existing fleet upgrades and new generation resources to meet increasing demand [16] - The company is committed to maintaining customer affordability while capturing the benefits of projected economic growth [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the economic environment in the Southeast, with unemployment rates and population growth better than national averages [12] - The company is encouraged by the momentum with large load customers and is focused on sustainable growth patterns [29] - Management emphasized the importance of new nuclear energy as part of the solution to meet future demand [72] Other Important Information - The company announced a $76 billion five-year capital plan, increasing from $63 billion, with potential upside of approximately $5 billion still pending [20] - The transition of CFO Daniel Tucker, who is retiring after nearly three decades, was highlighted as a significant leadership change [24] Q&A Session Summary Question: Capital plan update and rate base growth - Management confirmed that they will continue with annual updates and are encouraged by the marketplace momentum [28][29] Question: RFP update and procurement status - Management assured that they have made reservations and payments for turbines and are well-positioned for efficient execution [30] Question: FFO to debt improvement timeline - Management expects to reach approximately 17% FFO to debt near the end of the planning horizon, with proactive measures being taken [40] Question: Asset sales and rumors - Management stated that they are always evaluating opportunities but would not comment on specific rumors [44] Question: Load update and pipeline growth - Management indicated that the large load pipeline continues to grow, with advanced discussions ongoing [52] Question: Returns on Southern Power investments - Management noted that returns from Southern Power are generally higher than state-regulated returns, with stringent risk-return parameters in place [68] Question: New nuclear discussions - Management reiterated the need for new nuclear energy and ongoing discussions with various stakeholders [72] Question: Large load update filing - Management confirmed that an update filing is expected in mid-August, with anticipation of higher load forecasts [74][77]