YunTuo Single Malt Whisky Distillery Sweeps Three Major Honors at the 2026 Icons of Whisky China Awards, Ushering A New Chapter for Chinese Whisky
Globenewswire· 2026-03-23 10:36
Core Insights - YunTuo Single Malt Whisky Distillery, Diageo's first whisky distillery in China, has achieved significant recognition by winning three major titles at the 2026 Icons of Whisky China Awards, including Sustainable Distillery of the Year and Distillery Manager of the Year for Edison Chiao [1][3][14] Company Overview - YunTuo is located in Eryuan, Dali, Yunnan, at an altitude of approximately 2,100 meters, and aims to create a unique Chinese expression of single malt whisky by leveraging Diageo's 200 years of Scotch whisky-making heritage [4][5] - The distillery's name reflects its commitment to Yunnan's natural landscape and the spirit of exploration in whisky-making [4] Production and Sustainability - YunTuo's production decisions are influenced by its natural environment, utilizing water from San Ye Spring and employing techniques like slow mashing and extended fermentation to develop a floral and fruit-forward whisky style [5][10] - The distillery is exploring local maturation options, including Yunnan oak and wine casks, to establish a distinctive Chinese-origin single malt style [6] - Sustainability is a core principle at YunTuo, with practices embedded from the planning stages, including energy-efficient design, renewable energy use, and a Water Recovery Program [10][11][12] Leadership and Expertise - The production team combines global expertise with local craftsmanship, featuring renowned whisky experts such as Dr. Jim Beveridge OBE and Craig Wallace, alongside local Distillery Manager Edison Chiao [7][8][9] - Edison Chiao's leadership has been pivotal in aligning global whisky standards with local operations, contributing to the distillery's recognition and success [9][14] Future Outlook - YunTuo aims to continue exploring Yunnan's terroir while integrating global whisky-making standards, thereby expanding the flavor profile of Chinese whisky and establishing its presence on the world stage [15]
Lithium Argentina Reports Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-03-23 10:36
Core Insights - Lithium Argentina had an exceptional year in 2025, with the Cauchari-Olaroz operation nearing full capacity and achieving low production costs, generating significant cash flow [1][2] - The company is focusing on growth opportunities in 2026, particularly through the PPG and Stage 2 projects, which are expected to enhance lithium supply in the Americas [2] Financial Performance - In 2025, Lithium Argentina produced approximately 34,100 tonnes of lithium carbonate, achieving a 34% increase over 2024 and meeting the high end of production guidance [4][8] - The cash operating cost per tonne of lithium carbonate sold was $5,618, reflecting operational efficiencies [8] - Revenue for Q4 2025 was $92 million, with an average realized price of approximately $9,049 per tonne, expected to rise to around $17,000 per tonne in Q1 2026 [8] - The company reported a net loss of $76.8 million for 2025, compared to a loss of $15.2 million in 2024, primarily due to increased losses from the Cauchari-Olaroz project [13] Production and Expansion Plans - The Cauchari-Olaroz operation is advancing a Stage 2 expansion plan to increase production capacity by 45,000 tonnes per annum of lithium carbonate equivalent [7] - The company has set a production guidance of 35,000 - 40,000 tonnes of lithium carbonate for 2026, with ongoing optimization efforts to support long-term performance [8] Joint Ventures and Strategic Developments - Lithium Argentina and Ganfeng are forming a new joint venture to consolidate their respective projects, with Ganfeng holding a 67% interest and Lithium Argentina holding 33% [10] - The PPG project aims for integrated development targeting 150,000 tonnes per annum of lithium carbonate equivalent production across three phases, with a Scoping Study indicating an after-tax NPV of $8.1 billion at a lithium carbonate price of $18,000 per tonne [12] Cash Position and Financing - As of December 31, 2025, Lithium Argentina held $61 million in cash and cash equivalents, and completed an $85 million cash distribution from Cauchari-Olaroz [12] - The company secured a $130 million debt facility from Ganfeng, which has a six-year term and an interest rate of SOFR plus 2.5%, enhancing financial flexibility [12]
Apogee Therapeutics Announces Positive Phase 2 Part A 52-Week Data of Zumilokibart (APG777), Demonstrating Maintenance and Deepening of Responses with Every 3- and 6-Month Dosing in Moderate-to-Severe Atopic Dermatitis
Globenewswire· 2026-03-23 10:30
Core Insights - The APEX Phase 2 trial results for zumilokibart (APG777) indicate durable maintenance of response in patients with moderate-to-severe atopic dermatitis (AD) over 52 weeks, with significant efficacy observed in both 3- and 6-month dosing regimens [2][3][4] - Zumilokibart demonstrated a potentially best-in-class profile, achieving over 99% inhibition of IL-13, leading to rapid and sustained relief of itch and lesions [3][8] - The company plans to initiate Phase 3 trials in the second half of 2026, with a potential commercial launch of zumilokibart anticipated in 2029 [3][4][9] Clinical Trial Results - In the 52-week maintenance portion of the APEX trial, 75% and 85% of patients maintained Eczema Area and Severity Index (EASI-75) scores with 3- and 6-month dosing, respectively [5][9] - The validated Investigator's Global Assessment (vIGA) 0/1 maintenance of response was 86% for 3-month dosing and 78% for 6-month dosing among Week 16 responders [9] - Deepening of response was observed across all lesional and itch endpoints for both dosing regimens, indicating a highly differentiated treatment profile [6][9] Future Developments - APEX Part B, a placebo-controlled dose optimization trial, is set to read out 16-week data in the second quarter of 2026, which will support the initiation of Phase 3 trials [4][6] - The upcoming Phase 3 trials are expected to further evaluate the efficacy and safety of zumilokibart, with results from Part B anticipated to influence clinical and regulatory outcomes [4][6][9] Company Overview - Apogee Therapeutics is a clinical-stage biotechnology company focused on developing novel biologics for inflammatory and immunology markets, including AD, asthma, and eosinophilic esophagitis (EoE) [2][9] - The company aims to address the challenges of existing therapies by providing treatments with less frequent dosing and improved patient compliance [8][10] - Zumilokibart is positioned as a potential game-changer in the treatment of AD, with plans for expansion into other indications based on its promising profile [8][10]
Zacatecas Silver Announces Arrival of Drill Rig and Drilling Crew at El Cristo
Globenewswire· 2026-03-23 10:30
Core Insights - Zacatecas Silver Corp. has commenced drilling activities at the El Cristo target within its Zacatecas Silver Project, marking a significant milestone in its exploration efforts [1][2][5] Company Overview - Zacatecas Silver Corp. operates two key projects: the Zacatecas Silver Project in Zacatecas State, Mexico, and the Esperanza Gold Project in Morelos State, Mexico [6] - The Zacatecas Silver Project is located in the Fresnillo Silver Belt, which has produced over 6.2 billion ounces of silver, and covers an area of 7,826 hectares [7] Exploration Activities - Major Drilling Mexico has mobilized a drill crew and diamond drill rig to the El Cristo target, with drilling expected to commence within the next week [1][2] - The initial drill program will focus on priority targets along the El Cristo vein system, which has shown strong continuity and potential for new discoveries [3][4] - Historical drilling at El Cristo has intersected mineralization in 22 of 28 scout holes, indicating significant exploration upside [3][4] Management Commentary - The CEO of Zacatecas Silver highlighted the mobilization of Major Drilling as a significant milestone, emphasizing the potential for discovery and resource expansion at El Cristo [5]
EnviroGold Global Appoints Karina Nott as Chief Financial Officer
Globenewswire· 2026-03-23 10:30
Core Viewpoint - EnviroGold Global Limited has appointed Karina Nott as Chief Financial Officer to enhance its executive leadership and support the commercial deployment of its proprietary NVRO Process™ and achieve key commercialization milestones and revenue targets [1][2]. Leadership Appointment - Ms. Nott's appointment is effective March 23, 2026, and is expected to strengthen the company's leadership as it develops a scalable, multi-jurisdictional project pipeline [2]. - The previous Interim Chief Financial Officer, Peter Nguyen, has resigned but will assist with the transition and the 2025 audit [5]. Ms. Nott's Experience - Ms. Nott has over 20 years of international experience in capital markets, financial strategy, and scaling high-growth technology companies [3]. - She has a strong track record in capital raising, having supported significant funding initiatives across Series B and Series C financings, as well as structured transactions [3][4]. - Her most recent role was as VP of Finance at a global satellite-enabled IoT company, where she contributed to capital strategy and international expansion [4]. Company Strategy and Technology - EnviroGold Global focuses on clean technology that recovers high-value metals from sulfidic mine waste and tailings using its NVRO Process™ [6]. - The company's approach aims to provide scalable, lower-impact metal recovery solutions that align with global ESG frameworks and critical-minerals strategies [6].
Bunker Hill Announces Graduation to the Toronto Stock Exchange and on Track for Restart of Operations in June 2026
Globenewswire· 2026-03-23 10:15
Core Viewpoint - Bunker Hill Mining Corp. has received approval to list its common shares on the Toronto Stock Exchange (TSX) and is on track to restart operations in June 2026 [1][5]. Group 1: Company Developments - The graduation to the TSX marks a significant milestone in the company's turnaround journey initiated by the new leadership team in 2020, reflecting substantial progress in building a sustainable business [2][3]. - The listing on the TSX is expected to enhance the company's profile in the global investment community, increase visibility among institutional investors, and improve trading liquidity [4][5]. Group 2: Operational Updates - The construction and commissioning of the project are currently 87% complete, with the processing plant conducting final phases of dry commissioning ahead of schedule [6]. - The concrete for the Paste Plant has been poured, and the plant is expected to arrive at the site soon, with all underground development progressing ahead of schedule [7]. Group 3: Future Outlook - The common shares are set to begin trading on the TSX on March 25, 2026, and will be concurrently delisted from the TSX Venture Exchange [5]. - The company remains focused on the restart of operations, new exploration activities, and maximizing shareholder value through 2026 and beyond [5].
Invitation from Niushou Mountain, Nanjing, China: Join Us for a Spring Journey of Intangible Cultural Heritage and Wellness
Globenewswire· 2026-03-23 10:12
Core Insights - The "Up the Spring Mountain, Heal with You - 2026 Spring Niushou" event emphasizes wellness and cultural heritage, transforming a traditional custom into a modern cultural tourism experience [1][2] Group 1: Event Overview - The opening ceremony took place on March 20, 2026, at Niushou Mountain Cultural Tourism Zone in Nanjing, China, featuring a series of spring-long activities [1] - Niushou Mountain is recognized for its historical significance, with the spring outing tradition dating back to the Six Dynasties and flourishing during the Ming Dynasty, now listed as Jiangsu Provincial Intangible Cultural Heritage [2] Group 2: Wellness Experience - The event introduces five wellness systems: natural ecology, Zen culture, healthy catering, intangible cultural heritage art, and technological immersion, focusing on in-depth physical and mental relaxation [3] - Featured programs include crystal bowl sound healing and Song-style tea ceremonies, aimed at stress relief and cultural enrichment [3] Group 3: Activities and Schedule - A variety of activities are planned throughout spring, including cultural lectures, outdoor hiking, study tours, and wellness experiences, in collaboration with a renowned bookstore for a wellness reading list [4] - From late March to May, visitors can participate in diverse activities such as singing bowl tea tasting, hiking meditation, and Dunhuang Cultural Week, culminating in themed experiences during the May Day holiday [5]
Press release
Globenewswire· 2026-03-23 10:05
Core Viewpoint - Brødrene A & O Johansen A/S is acquiring 100% of JMV Cables A/S to enhance its position in the electrification market and meet the growing demand for specialized cable solutions [1][4]. Company Overview - JMV Cables A/S is a Danish supplier specializing in cable solutions for construction, industry, and infrastructure, known for its strong project sales and a diverse inventory of standard and specialty cables [2]. - The company emphasizes quality, flexibility, and high delivery reliability, providing tailored solutions to meet specific customer needs [2]. Strategic Rationale - The acquisition aligns with the increasing demand for larger and specialized cables driven by Denmark's electrification, as noted by CEO Niels A. Johansen [3]. - The partnership aims to leverage JMV's expertise to create greater value for customers, particularly in complex projects requiring specialized knowledge and advisory services [3]. Financial Details - In the last financial year, JMV Cables A/S reported revenue of approximately DKK 125 million and an EBITDA of DKK 8.7 million [4]. - The acquisition price is set at DKK 55 million, with an additional earn-out component, pending approval from Danish competition authorities [4].
PyroGenesis Schedules 2025 Fiscal Year Financial Results and Business Update Conference Call
Globenewswire· 2026-03-23 10:00
Core Viewpoint - PyroGenesis Inc. will host a conference call on March 31, 2026, to discuss its financial results for Q4 and fiscal year 2025, along with updates on company progress and developments [1]. Group 1: Company Overview - PyroGenesis is a leader in ultra-high temperature processes and plasma-based technology, serving heavy industry and defense sectors [1][3]. - The company has 35 years of experience in plasma technology, providing advanced engineering solutions for energy, propulsion, emissions, and materials development [3]. - PyroGenesis' operations are certified under ISO 9001:2015 and AS9100D, maintaining ISO certification since 1997 [3]. Group 2: Conference Call Details - The conference call will take place at 12:00 PM Eastern Time on March 31, 2026 [1]. - Participants can pre-register for the call via a provided link and will receive confirmation with dial-in details [2]. - A live webcast will be available in both English and French, with recordings accessible on the company's Investor Relations website afterward [2].
McEwen Reports Tartan Mine Project Gold Mineral Resource Estimate
Globenewswire· 2026-03-23 10:00
Core Insights - McEwen Inc. has reported a Mineral Resource Estimate for the Tartan Mine Project, indicating 308,900 ounces of gold in the Indicated category and 302,700 ounces in the Inferred category, calculated at a gold price of US$3,000 per ounce, with potential for resource expansion through further drilling [2][3][10] Mineral Resource Estimate - The Tartan Mine Project has an Indicated resource of 2,619,000 tonnes at a grade of 3.67 grams per tonne (gpt), totaling 308,900 ounces of gold, and an Inferred resource of 2,832,900 tonnes at a grade of 3.32 gpt, totaling 302,700 ounces of gold [5][10] - The resource estimate is based on a cut-off grade of 1.35 gpt gold and reflects a significant potential for growth through additional drilling in various zones [11][12] Historical Context and Comparison - The Tartan Mine has a history dating back to the 1920s, with mining operations commencing in 1987 and producing approximately 47,000 ounces of gold before ceasing in 1989 due to economic challenges [4] - A comparison with the 2017 Mineral Resource Estimate shows growth in the resource, although direct comparisons are complicated due to different methodologies used in the estimates [7][8] Development Plans and Production Goals - The company aims to double its production to between 250,000 and 300,000 gold ounces annually by 2030, with initial production at Tartan expected to average around 30,000 ounces per year [3][12] - Plans include potential expansion of mill capacity from 500 tonnes per day (tpd) to 1,000 tpd, which could increase annual production to between 45,000 and 55,000 ounces [3][12] Exploration and Future Drilling - An exploration budget of $6 million has been allocated for 2026 to expand the resource and test near-mine and regional drill targets, with ongoing metallurgical test work to optimize process plant design [10][12] - Recent drill results indicate potential for further resource growth, particularly along the Western and Eastern Flanks of the Main Zone [9][12]