West Red Lake Gold Intersects 48.97 g/t Au over 18.7m, 52.86 g/t Au over 4.5m and 25.49 g/t Au over 7.5m at South Austin – Madsen Mine
GlobeNewswire· 2025-05-13 07:30
Core Viewpoint - West Red Lake Gold Mines Ltd. reports significant drill results from its Madsen Mine, indicating high-grade gold mineralization and potential for increased production in the second half of 2025 [1][2][4]. Group 1: Drill Results and Resource Estimates - The South Austin Zone contains an Indicated mineral resource of 474,600 ounces grading 8.7 grams per tonne gold, with an additional Inferred resource of 31,800 ounces at the same grade [2][29]. - Recent drilling has defined the Stope 6 mining panel an additional 40 meters down plunge, showcasing significant grade and thickness potential at depth [3][4]. - Notable drill intercepts include 18.7 meters at 48.97 g/t Au, with high-grade intervals featuring visible gold [5][7]. Group 2: Production Plans and Market Context - The company plans to ramp up production at the Madsen Mine in the second half of 2025, supported by positive results from a recent bulk sampling campaign and favorable market conditions for gold [2][4]. - The Madsen Mine is located in the Red Lake Gold District, known for its high-grade gold deposits, which have historically yielded over 30 million ounces of gold [33]. Group 3: Technical Aspects and Geological Context - The current drilling program focuses on defining near-term mining inventory and expanding the existing mineral resource, particularly in the higher-grade portions of the Austin and South Austin Zones [16][12]. - The geological structure of the Madsen Mine includes multiple mineralized domains, with significant alteration and deformation corridors that have been reactivated during gold mineralization [12][13].
Sisecam’s net sales amounted to 45 billion TRY in the first three months of the year
GlobeNewswire· 2025-05-13 07:28
Financial Performance - Sisecam achieved consolidated net sales of TRY 45 billion in the first three months of 2025, with international sales accounting for 63% of total sales [2][3] - The company reported total investments of TRY 7.7 billion and exports amounting to USD 230 million during the same period [2][3] - Production figures included 1.3 million tons of glass, 1.1 million tons of soda ash, and 0.8 million tons of industrial raw materials [2] Market Environment - The CEO highlighted increased global risks and uncertainties, particularly due to escalating trade tensions between the United States and China, which could disrupt global supply chains [3] - Sisecam generates 12% of its total sales from manufacturing operations in the U.S., with 8% of exports directed to the U.S. market, necessitating close monitoring of these developments [3] Strategic Approach - The company emphasizes a measured and prudent approach to agility, focusing on making timely decisions while managing risks [4] - Sisecam is actively tracking global developments, developing multidimensional scenarios, and ensuring decisions are based on solid foundations [4] - Key areas of focus include cost management, budget alignment, operational efficiency, and financial resilience [4] Adaptability and Future Focus - Production performance remained stable in the first quarter, with capacity utilization preserved and efficiency-focused projects gaining momentum [5] - The company is leveraging its geographical diversity to spread risks and tap into different markets, potentially benefiting from varying tariff obligations [5] - Sisecam is committed to not only addressing current challenges but also positioning itself as a leader for the future [5]
Hi-View Resources Acquires Additional Claims Contagious to Lawyers East Block in the Toodoggone District
GlobeNewswire· 2025-05-13 07:01
Core Viewpoint - Hi-View Resources Inc. has acquired a 100% interest in 613.24 hectares of contiguous claims near significant drilling discoveries by Amarc Resources and Freeport-McMoRan in the Toodoggone region of British Columbia, indicating potential for high-grade mineralization [1][2]. Company Developments - The acquisition was made through the issuance of 600,000 common shares and a cash payment of $1,073.16 to three arm's length vendors [5]. - Hi-View's management emphasizes the untapped potential of its land package, which includes historic drilling sites and underexplored areas, setting the stage for upcoming exploration activities [2][6]. Industry Context - The Toodoggone Region is recognized as one of Canada's premier mining districts, with recent discoveries enhancing its reputation [2]. - Amarc Resources' AuRORA discovery is highlighted as potentially the highest-grade porphyry find in British Columbia to date, attracting significant investments and interest in the area [2]. - Other companies, such as Thesis Gold and Skeena Resources, are also making strategic moves in the region, indicating a competitive and active mining environment [2].
XPENG Partners with Plugsurfing to Secure Powerful Charging Network
GlobeNewswire· 2025-05-13 07:00
Core Insights - XPENG has formed a strategic partnership with Plugsurfing, enhancing access to over 940,000 charging points across 27 European countries, thereby creating a significant transcontinental charging network linking Europe and Asia [1][4][10] Company Overview - XPENG, founded in 2014, is a leading Chinese AI mobility company focused on designing, developing, manufacturing, and marketing intelligent electric vehicles [11] - The company aims to become a global leader in AI mobility, leveraging advanced technologies to shape the future of mobility [11] Partnership Details - The collaboration with Plugsurfing was announced by XPENG's chairman and CEO, He Xiaopeng, during the 'Global Brand Night' in Hong Kong [3] - Plugsurfing aggregates 500 leading charge point operators in the EU, providing XPENG customers with access to a comprehensive charging network [4][8] User Experience Enhancements - XPENG users can enjoy a seamless charging experience through the in-car system and XPENG app, featuring one-click navigation and payment [3][8] - The Drive API provided by Plugsurfing allows integration of real-time charging station data, including availability, pricing, and payment processing [5][9] Features and Accessibility - XPENG customers can easily search for charging stations via the vehicle's touchscreen, with information on distance, number of connectors, charging power, and pricing displayed [7][8] - Existing customers can register once in the app to access charging features, while new owners receive a complimentary charging card for the Plugsurfing network [9] Market Expansion - Since entering the European market in Norway in 2021, XPENG has been investing heavily in Europe, with operations in multiple countries and plans for further expansion [10]
Mobilize and Autostrade per l’Italia complete their strategic alliance to power sustainable mobility in Italy
GlobeNewswire· 2025-05-13 06:30
Core Insights - Mobilize and Autostrade per l'Italia have completed their strategic alliance to enhance sustainable mobility in Italy, focusing on the development of fast-charging infrastructure [2][6]. Group 1: Strategic Alliance Details - Mobilize has acquired a significant stake in Free To X, a leader in the high-power charging (HPC) market in Italy, which operates over 110 charging stations powered by renewable energy [2][6]. - The charging stations can deliver up to 400 kW of power and are strategically located approximately every 50 km along the Autostrade per l'Italia motorway network, exceeding European targets [2][6]. - The partnership aims to accelerate the deployment of charging infrastructure beyond highways, addressing current and future customer needs [2][3]. Group 2: Market Impact and Vision - The alliance is expected to advance the European electric vehicle ecosystem by expanding the network of charging stations, facilitating a smoother transition to electric mobility [3]. - Mobilize's partnership with Free To X provides fast-track access to the Italian EV charging market, allowing Renault Group to generate recurring revenues in the evolving automotive value chain [3][6]. Group 3: Environmental and Operational Achievements - Free To X has achieved over 1,000,000 recharges since 2021 and has avoided 29,500 tons of CO2 emissions during the same period [7]. - The charging stations operate on 100% renewable energy, reinforcing the commitment to sustainable mobility [7].
Syensqo announces revised segment reporting
GlobeNewswire· 2025-05-13 06:30
Core Viewpoint - Syensqo has revised its segment reporting structure to better align with its strategic focus, particularly in light of its intention to divest from the Oil & Gas and Aroma Performance business units [1][2]. Group 1: Segment Reporting Changes - The new segment reporting structure will include four reportable segments: Materials, Performance & Care, Other Solutions, and Corporate & Business Services, effective from Q1 2025 [2][4]. - The previously reported financial information for fiscal year 2024 has been recast to reflect these new segments, although this change does not impact the previously reported consolidated financial statements [2][3]. Group 2: Segment Descriptions - The Materials segment will continue to consist of Specialty Polymers and Composite Materials, focusing on high-performance polymers and composite technologies for sustainable mobility applications [4]. - Performance & Care, previously known as Consumer & Resources, will now include Novecare and Technology Solutions, emphasizing sustainability and enhanced performance in various applications [4]. - Other Solutions will combine Aroma Performance and Oil & Gas, with Aroma Performance being a leader in synthetic and natural vanillin production and Oil & Gas providing tailored solutions for the upstream oilfield sector [4]. - Corporate & Business Services will encompass corporate functions and other business services, including research & innovation and new business development [4].
First patients dosed in final cohort of Phase 1b clinical trial of HER-096 for Parkinson’s disease
GlobeNewswire· 2025-05-13 06:05
Core Viewpoint - Herantis Pharma Plc has initiated the final cohort of its Phase 1b clinical trial for HER-096, a potential disease-modifying therapy for Parkinson's disease, with the first patients dosed, aiming to report topline data by September 2025 [3][4][9]. Group 1: Clinical Trial Details - The Phase 1b trial consists of two parts: Part 1 involved eight healthy volunteers receiving a single 300 mg subcutaneous dose to assess safety and pharmacokinetics, while Part 2 is a randomized, double-blind, placebo-controlled trial in Parkinson's patients [6][7]. - In Part 2, the first cohort included 12 patients dosed twice weekly over four weeks, with eight receiving 200 mg of HER-096 and four receiving placebo, leading to the Data and Safety Monitoring Board's recommendation to proceed to the final cohort [6][8]. - The primary objective of the Phase 1b trial is to evaluate the safety, tolerability, and pharmacokinetics of repeated subcutaneous doses of HER-096, along with monitoring symptom progression using MDS-UPDRS and wearable devices [7][8]. Group 2: HER-096 Overview - HER-096 is a first-in-class synthetic peptidomimetic designed to mimic the activity of cerebral dopamine neurotropic factor (CDNF), capable of crossing the blood-brain barrier and allowing for convenient subcutaneous administration [5][11]. - The drug has a multi-modal mechanism of action that may protect against neuronal degeneration and cell death associated with Parkinson's disease, potentially halting disease progression and improving patients' quality of life [5][11]. - The ongoing Phase 1b trial builds on positive results from the Phase 1a trial, which demonstrated a good safety and tolerability profile, as well as effective blood-brain barrier penetration of HER-096 in healthy volunteers [10][12]. Group 3: Funding and Support - The Phase 1b trial is funded by the Michael J. Fox Foundation for Parkinson's Research and Parkinson's UK, indicating strong support from prominent organizations in the field [8][9]. - The trial is being conducted in Turku and Helsinki, Finland, by Clinical Research Services Turku – CRST Oy, showcasing collaboration with established research organizations [9].
The Stock Exchange of Thailand Expands Strategic Partnership with Nasdaq to Modernize Capital Market Ecosystem
GlobeNewswire· 2025-05-13 06:00
Core Viewpoint - The Stock Exchange of Thailand (SET) and Nasdaq have announced an expanded strategic technology partnership aimed at modernizing Thailand's capital markets, focusing on enhancing market resilience, integrity, and aligning with global standards through the use of Nasdaq's AI capabilities [1][2]. Group 1: Partnership Objectives - The collaboration will promote the adoption of Nasdaq's risk and surveillance platforms within SET's member community to drive consistent infrastructure across the market ecosystem [2]. - The initiative aims to enhance systemwide efficiency, transparency, and risk management, benefiting from common market infrastructure and Nasdaq's ongoing investments in modernization [2][3]. Group 2: Market Impact - The partnership is expected to strengthen liquidity, transparency, and integrity in Thailand's capital markets, fostering trust and investor confidence [3]. - By adopting advanced risk and surveillance solutions, SET aims to improve its ability to detect market abuse and monitor trading activities, reinforcing Thailand's leadership in ASEAN's capital markets [3][4]. Group 3: Nasdaq's Global Reach - Nasdaq's technology is utilized by 97% of globally systematically important banks, half of the world's top 25 stock exchanges, and over 3,800 clients in the financial services industry [3]. - The partnership reflects Nasdaq's commitment to advancing industry-wide modernization through deep strategic relationships and mission-critical solutions [4]. Group 4: Future Vision - Together, SET and Nasdaq are laying the foundation for a robust, future-ready capital market ecosystem, enhancing Thailand's position as a regional innovation leader and financial hub [5].
2024 Exploration Update for Strategic Minerals JV
GlobeNewswire· 2025-05-13 06:00
Core Viewpoint - Amaroq Minerals Ltd. has made significant advancements in its strategic minerals exploration in South Greenland, with promising results from various projects and the appointment of Dr. Steve Garwin as Chief Technical Advisor [1][11]. Exploration Highlights - The company successfully completed an extensive exploration program across seven licenses under the Gardaq JV, including 5,524 meters of core drilling and geological reconnaissance [6]. - New porphyry and epithermal targets have been identified, with four new targets delineated in the South Greenland Copper Belt for follow-up work in 2025 [4][23]. - At Stendalen, drilling confirmed the presence of a copper/nickel/cobalt mineralized system, with high cobalt content observed (up to ~10% Co) [6][17]. - The Ukaleq project at Johan Dahl Land showed impressive grades of up to 12.3 g/t Au and 5.1% Cu [8][23]. Future Plans - The company plans to prioritize follow-up drilling at Stendalen and Ukaleq in 2025, leveraging new drill data and geophysical insights [11][12]. - Three new license applications targeting copper, gold, and rare/critical earth elements have been submitted, indicating a strategic expansion of exploration efforts [6][24]. Technical Insights - The exploration results have provided valuable geological insights, enhancing the understanding of mineralization controls and potential targets for future drilling [11][19]. - Downhole geophysical surveys at Stendalen have highlighted exciting targets for further exploration [6][17]. Key Personnel - The appointment of Dr. Steve Garwin, a specialist in porphyry and epithermal systems, is expected to influence the company's exploration strategy positively [6][11].
Quadient and Nuvei Sign New Partnership to Enhance Cloud Payment Capabilities for Businesses Globally
GlobeNewswire· 2025-05-13 06:00
The partnership supports seamless, secure payments through Quadient’s AR and AP solutions for businesses across North America, the UK and Europe Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, and Nuvei, a leading global payments company, today announced a strategic technology partnership to enhance cloud payment capabilities for businesses globally. Through this partnership, Nuvei’s advanced payment processing technology is now integrated i ...