Economic Reconciliation

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GCT Deltaport Transitions to 100% Renewable Fuels for Diesel Equipment in Collaboration with Tsawwassen First Nation and Parkland Corporation
Globenewswire· 2025-09-17 16:30
Core Insights - Global Container Terminals (GCT) has transitioned GCT Deltaport to 100% renewable fuel for diesel equipment, marking a significant advancement in its decarbonization efforts [1][3] - This transition is part of GCT's climate strategy aiming for a 45% reduction in absolute emissions by 2030 and achieving net-zero emissions by 2050 [3][9] Partnership and Collaboration - The achievement was made possible through collaboration with Tsawwassen First Nation (TFN) and Parkland Corporation, emphasizing a commitment to sustainability and economic reconciliation [2][6] - The partnership reflects a long-standing relationship focused on environmental stewardship and economic opportunities for the Tsawwassen community [4][5] Environmental Impact - Renewable diesel is expected to reduce emissions by 60-80%, with GCT Deltaport achieving a 65% reduction in emissions during its first two quarters of use [8] - The transition supports GCT's broader sustainability goals across all terminals and reinforces responsible terminal operations [9] Community Engagement - GCT and TFN have collaborated on various initiatives, including the Future of Nations Scholarship Program, which supports Indigenous students [8] - The partnership aims to create pathways for long-term prosperity for the Tsawwassen community while protecting the environment for future generations [4][5]
Hudbay Signs Exploration Agreement with the Mosakahiken Cree Nation for the Talbot Deposit in Manitoba
Globenewswire· 2025-04-28 12:30
Core Viewpoint - The signing of an Exploration Agreement between Hudbay Minerals Inc. and the Mosakahiken Cree Nation marks a significant step towards economic reconciliation and collaboration, aiming to create job opportunities and enhance sustainable development in the Snow Lake region [2][3]. Group 1: Agreement and Collaboration - The Exploration Agreement with the Mosakahiken Cree Nation (MCN) is expected to foster economic development and job creation for the local community [2]. - The partnership emphasizes transparency and collaboration, with a joint intent to negotiate further agreements if exploration leads to development [3]. Group 2: Resource and Production Potential - The acquisition of Rockcliff Metals Corp. in 2023 has significantly increased Hudbay's land holdings in Snow Lake, consolidating a 100% interest in the Talbot deposit, which has indicated mineral resources of 2.2 million tonnes of 2.3% copper, 1.8% zinc, and 2.1 grams per tonne gold [3]. - The current mineral resource estimate at Talbot also includes 2.5 million tonnes of inferred resources of 1.1% copper, 1.7% zinc, and 1.9 grams per tonne gold [3]. - Successful drilling campaigns could expand the resource base and upgrade mineral resources to reserves, providing valuable feed for existing processing facilities and extending the mine life of Snow Lake operations [3]. Group 3: Operational Strength and Future Outlook - Hudbay's Snow Lake operations are projected to maintain a mine life until 2037, with expected gold production of 200,000 ounces at cash costs of $750 per ounce in 2025 [4]. - The operations are anticipated to average over 193,000 ounces of gold production annually for the next three years, with approximately 1.7 million ounces in current mineral reserves and an additional 1.3 million ounces in inferred resources [4]. - The company is executing one of the largest exploration programs in its history in Snow Lake, aiming to unlock significant value and grow the mineral resource base [4].