TORONTO, April 10, 2025 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQB: WLBMF) (“Wallbridge” or the “Company”) announces that Tony Makuch is stepping down as a Director and Chairperson of the Board of Wallbridge. Janet Wilkinson, who currently serves as an independent director, has been appointed Chairperson of the Board, effective April 9, 2025. “On behalf of the Board, I take this opportunity to express our deep appreciation to Tony for having served as a dedicated Chairperson and m ...

Dublin, April 09, 2025 (GLOBE NEWSWIRE) -- The "Waste Management Compliance - How to Stay Within the Law Training Course" training has been added to ResearchAndMarkets.com's offering. This masterclass is ideally suited for anyone involved in dealing with waste management within a business or organisation. By attending this course you will: Who Should Attend: Certifications: Key Topics Covered: Classifying waste There is a legal obligation upon businesses to ensure that waste is handled and disposed of in th ...

Waste Management, Inc. (NYSE:WM) 11th Annual Waste & Environmental Services Symposium April 3, 2025 12:15 PM ET Company Participants Ed Egl - IR Conference Call Participants Tony Bancroft - Gabelli Funds Tony Bancroft I'd like to do reintroduce, Ed Egl, Head of Investor Relations at WM. WM is based in Houston, Texas. It's the largest waste service provider in North America, and has the largest landfill network. Ed joined, WM in 1995, and has been -- his current role since 2014. WM has 400 million shares out ...

Group 1: Company Performance - Waste Management, Inc. (WM) shares have gained 16% year to date, outperforming the industry's 8% growth [1] - WM has demonstrated consistent revenue growth with a compound annual growth rate (CAGR) of 7.7% in revenues and operating income from 2020 to 2024 [3] - The company's disciplined pricing strategy and cost control measures help maintain strong profit margins [4] Group 2: Sustainability and Growth Initiatives - WM is a leader in sustainability, investing in initiatives such as converting landfill gas into renewable energy, attracting ESG-focused investors [3] - The acquisition of Stericycle strengthens WM's position in the medical waste industry, expected to generate more than $125 million in annual run-rate synergies [6] Group 3: Dividend and Shareholder Value - WM has consistently rewarded shareholders with dividends since 1998, with payments increasing from $1.1 billion in 2022 and 2023 to $1.2 billion in 2024 [5] - The company remains committed to returning value to investors despite fluctuations in cash flow [5] Group 4: Valuation and Investment Outlook - WM's stock appears overvalued, trading at a trailing 12-month Enterprise Value/EBITDA ratio of 17.69X, exceeding the industry average of 13.77X [7] - Given its current valuation, WM is best held for long-term stability and dividends, with investors awaiting better entry points for further accumulation [8]

WM plans to invest approximately $3 billion in sustainability growth strategy 2022-2026 HOUSTON, April 2, 2025 /PRNewswire/ -- WM (NYSE: WM), North America's leading environmental solutions provider and largest recycler, today announced the company will celebrate the official grand openings for four recycling and renewable natural gas (RNG) projects across the U.S. The facilities are part of WM's plans to invest about $3 billion in its sustainability growth strategy from 2022-2026, expected to result in 39 ...

Group 1: Investment Strategy - Bill Gates favors a concentrated investment portfolio, focusing on a few key titles rather than a diversified list [1][2] - The Gates Foundation Trust's portfolio is heavily weighted towards Microsoft, Berkshire Hathaway, and Waste Management [2] Group 2: Microsoft - Microsoft is the largest holding in the Gates Foundation Trust, with approximately 28.5 million shares valued at nearly $12 billion [4] - The company has shown consistent profitability and impressive growth rates, particularly in the AI sector, where it has made significant investments in OpenAI [5][6] Group 3: Berkshire Hathaway - Berkshire Hathaway is the second-largest holding, with nearly 19.7 million shares worth over $8.9 billion [8] - The company follows a buy-and-hold investment philosophy and has a diverse equity portfolio, including long-term positions in American Express and Coca-Cola [9][10] Group 4: Waste Management - Waste Management is the third-largest holding, with over 32.2 million shares valued at more than $6.5 billion [11] - The company is the largest in its sector by revenue, with a full-year 2024 revenue exceeding $22 billion and a net income of approximately $2.75 billion [12] - Waste Management has a strong history of paying dividends, with a yield of 1.5%, making it attractive for investors [13]

Core Viewpoint - Wallbridge Mining Company Limited has released an updated positive Preliminary Economic Assessment (PEA) for its 100%-owned Fenelon gold project, indicating strong project economics and a viable path to development under favorable conditions [2][6][12]. PEA Highlights - The PEA indicates an average annual gold production of 107,000 ounces over a 16-year mine life, with a peak production of 127,000 ounces in the first five years [9][18]. - The after-tax Internal Rate of Return (IRR) is projected at 21%, with an after-tax Net Present Value (NPV) of $706 million based on a base case gold price of US$2,200 per ounce [9][12]. - Initial capital expenditures are estimated at $579 million, with sustaining capital expenditures of $449 million [9][20]. Financial Analysis - The project is expected to generate cumulative free cash flow of $1,367 million, averaging $120 million annually over the mine life [12]. - Total cash costs are estimated at US$851 per ounce, with all-in sustaining costs (AISC) at US$1,046 per ounce [27]. - The PEA is sensitive to gold price fluctuations, with a potential after-tax NPV of $1,381 million and an IRR of 34% at a gold price of US$3,000 per ounce [14][15]. Mineral Resource Estimate - The updated mineral resource estimates for the Fenelon and Martiniere deposits indicate a total of 19,790 thousand tonnes at an average grade of 3.30 g/t for indicated resources, and 18,899 thousand tonnes at an average grade of 3.35 g/t for inferred resources [30][33]. Mining and Processing - The mine will operate at a production rate of 3,000 tonnes per day, extracting a total of 16.6 million tonnes of mineralized material at an average grade of 3.34 g/t [37]. - The processing plant is designed to treat 3,000 tonnes per day, incorporating a Semi-Autogenous Ball Mill Crusher circuit and a leaching circuit for gold recovery [46][47]. Project Infrastructure - The project is located approximately 75 km from Matagami, accessible via a forestry road, and includes existing facilities that will be upgraded during construction [49][50]. - Infrastructure development will include a new process plant complex, paste plant, and various support facilities [51][52]. Environmental and Permitting - The project is subject to environmental assessment procedures under Quebec regulations, with no major environmental issues identified to date [64][66]. - A closure and rehabilitation plan is being prepared, with preliminary costs estimated at $11.5 million [68]. Stakeholder Engagement - Wallbridge is actively engaging with local First Nations and stakeholders to ensure community involvement and support for the project [69][70].

In the latest trading session, Waste Management (WM) closed at $226.24, marking a +0.59% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.77%. Elsewhere, the Dow gained 1.42%, while the tech-heavy Nasdaq added 2.28%.The the stock of garbage and recycling hauler has fallen by 1.37% in the past month, leading the Business Services sector's loss of 7.87% and the S&P 500's loss of 5.73%.The upcoming earnings release of Waste Management will be of great interest to in ...

The most recent trading session ended with Waste Management (WM) standing at $228.19, reflecting a +1.48% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.64% gain on the day. Meanwhile, the Dow experienced a rise of 0.85%, and the technology-dominated Nasdaq saw an increase of 0.31%.Shares of the garbage and recycling hauler witnessed a loss of 1.26% over the previous month, beating the performance of the Business Services sector with its loss of 10.4% and the S&P 500's ...

Core Insights - The article emphasizes the importance of resilience investing in the face of inflation and potential recession, focusing on companies with strong financial health and diversified income streams [1] Johnson & Johnson - Johnson & Johnson (JNJ) is highlighted as a defensive investment within the stable healthcare sector, with a diversified business model that includes Innovative Medicine and MedTech [2] - JNJ's financial health is reinforced by its AAA credit rating, shared only with Microsoft among US companies [2] - The company reported a revenue of $88.821 billion in 2024, a 4.3% increase from the previous year, with adjusted net earnings of $24.242 billion [3] - JNJ's Innovative Medicine segment saw a 5.7% operational growth in 2024, while the MedTech segment achieved 6.2% operational growth [4] - The stock forecast for JNJ indicates a current price of $162.94 with a 12-month target of $171.33, reflecting a potential upside of 5.15% [3][4] Microsoft - Microsoft (MSFT) demonstrates resilience through its transition to a recurring revenue model, primarily via cloud services, allowing it to navigate economic challenges effectively [5] - The company reported total revenue of $69.6 billion in Q2 2025, a 12% year-over-year increase, with cloud revenue reaching $40.9 billion, up 21% [6] - Microsoft's AI business has surpassed an annual revenue run rate of $13 billion, showing a remarkable 175% year-over-year growth [6] - The stock forecast for MSFT shows a current price of $388.56 with a 12-month target of $510.43, indicating a potential upside of 31.36% [6][7] Waste Management - Waste Management (WM) is presented as a resilient company due to the essential nature of its services, providing stable revenue regardless of economic conditions [8] - The company reported revenue of $22.063 billion in 2024, an 8.0% increase from the previous year, with adjusted operating EBITDA of $6.563 billion [9] - WM is projected to see revenue growth of 16.4% and adjusted operating EBITDA growth of 15.0% in 2025 [9] - The stock forecast for WM indicates a current price of $225.06 with a 12-month target of $236.65, reflecting a potential upside of 5.15% [9][10] Resilience Investing - The article concludes that resilience investing is not limited to a single industry, but rather focuses on identifying companies with strong financials, diversified revenue streams, and adaptability to market changes [11]