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X @The Economist
The Economist· 2025-12-21 13:00
In 1804 the Lewis and Clark voyagers set out to explore America’s newly acquired territory. Their expedition holds important lessons for today https://t.co/h46o2ndkPd ...
When Wonder Breaks the Box | Mr. Vishwas Parchure | TEDxTheKnowledgeHabitatPuneYouth
TEDx Talks· 2025-12-19 17:35
Good morning. Stay with me. I want you to imagine this.And it's best done with your eyes closed. So, close your eyes. Imagine you're in a box, a room 6x 6x 6, no windows, no doors.You can smell nothing. You can hear nothing. You can see nothing.And now you're 18 years old and one of the walls breaks. You can open your eyes. What do you see besides this.So we all live in a box and the box has boundaries. And if you were to step out at the age of 18 having felt nothing, seen nothing, heard nothing, smelt noth ...
Why you should ride into the unknown | Yngvar Ugland | TEDxArendal
TEDx Talks· 2025-12-15 17:56
That was late. So when I was introduced as a tech guy from the bank, you might not have expected that entrance. And similarly, the future is also full of surprises.And although the future is going to surprise us anyhow, we can in fact influence whether it goes astonishingly well or turns dangerously dystopian. And I'm here to tell you how we can make it go astonishingly well. Isn't she pretty.>> Gorgeous. >> Yeah, she is. So, motorcycles, they're they're a big part of me.I have, in fact, three of them. And ...
TRX Gold(TRX) - 2025 Q4 - Earnings Call Transcript
2025-12-10 15:32
Financial Data and Key Metrics Changes - 2025 was a transformative year for the company, with record production and sales in Q4, producing over 6,400 ounces of gold and selling almost 7,000 ounces, marking a significant increase quarter over quarter [10][11] - The company realized a record gold price of $3,363 in Q4, with current sales exceeding $4,200, contributing to record revenue, gross profit, net income, operating cash flow, and Adjusted EBITDA [11][12] - For the full year, the company produced just under 19,000 ounces, generating almost $60 million in revenue and a gross profit of just under $25 million, with a gross profit margin of 53% in Q4 [16][17] Business Line Data and Key Metrics Changes - The company underwent a significant stripping campaign that reset the mine plan, leading to record results in Q4 and positive working capital, with accounts payable back within 60 days on average [10][12] - The stockpile position improved, with about 15,000 ounces at year-end, growing to over 20,000 ounces, allowing for continuous mill feed and supporting blending strategies [12][13] Market Data and Key Metrics Changes - The company operates in a favorable gold price environment, with expectations for continued high prices, which are crucial for financial performance [11][19] - The company is positioned well in Tanzania, with ongoing negotiations with the government regarding joint venture agreements, which could enhance operational stability [36][38] Company Strategy and Development Direction - The company plans to expand operations in 2026, with a focus on increasing production capacity from 2,000 tons per day to 3,000 tons per day, along with additional processing facilities [18][41] - There is a strong emphasis on exploration, with plans to drill in areas like Stanford Bridge and Eastern Porphyry, supported by a completed geophysics study to identify additional targets [19][50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position heading into 2026, citing improved grades and production profiles as key factors for future success [20][29] - The management team highlighted the importance of maintaining a strong balance sheet and cash flow to support ongoing operations and potential expansions [12][57] Other Important Information - The company has not issued equity in the market recently, focusing instead on generating cash flow from operations to fund growth initiatives [28][57] - The management team is committed to maintaining low general and administrative costs while focusing on capital allocation for plant expansions and drilling [28][84] Q&A Session Summary Question: Can you provide details on the drilling focus and costs? - The company plans to start drilling at the Eastern Porphyry Pit at a cost of about $25 per meter, significantly lower than the typical contracting rate of $50 [66] Question: What are the key catalysts for the company in the next 12 months? - Management identified potential upside in financial results, a new government agreement, and exploration opportunities as key catalysts [71][73] Question: Is there a plan for a stock buyback? - While no promises were made, management indicated that stock buybacks are being considered, especially if gold prices remain strong [83]
TRX Gold(TRX) - 2025 Q4 - Earnings Call Transcript
2025-12-10 15:30
Financial Data and Key Metrics Changes - Q4 2025 was the strongest quarter for the company, with record production and sales, producing over 6,400 ounces of gold and selling almost 7,000 ounces, marking a significant increase quarter over quarter [11][12] - The company realized a record gold price of $3,363 in Q4, with current sales exceeding $4,200, leading to record revenue, gross profit, net income, operating cash flow, and Adjusted EBITDA [12][18] - For the full year 2025, the company produced just under 19,000 ounces, generating almost $60 million in revenue and a gross profit of just under $25 million, with a gross profit margin of 53% in Q4 [17][18] Business Line Data and Key Metrics Changes - The company underwent a significant stripping campaign that reset the mine plan, allowing access to high-grade ore blocks, which contributed to record production levels [11][12] - The stockpile position improved, with about 15,000 ounces at the end of the year, growing to over 20,000 ounces, enabling continuous mill feed and supporting blending strategies [13][14] Market Data and Key Metrics Changes - The company operates in a favorable gold price environment, with expectations for continued high prices due to market conditions and potential interest rate changes [12][60] - The company is positioned well in Tanzania, with ongoing negotiations with the government regarding joint venture agreements, which could enhance operational stability and investment attractiveness [36][39] Company Strategy and Development Direction - The company plans to expand operations in 2026, with expectations of gold production between 25,000 and 30,000 ounces at a cash cost of $1,400 to $1,600 per ounce, focusing on plant upgrades and life of mine tailings facilities [20][21] - The company is committed to exploration, with plans to drill in the main zone and other identified targets, aiming to increase gold resources [20][55] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position heading into 2026, citing improved grades and production profiles as key factors for future success [29][60] - The management team highlighted the importance of maintaining a strong balance sheet and cash flow to support ongoing operations and potential expansions [12][59] Other Important Information - The company has not issued equity in the market recently, focusing on generating cash flow from operations to fund growth initiatives [28] - The management team emphasized the importance of maintaining low G&A expenditures while scaling operations [28][60] Q&A Session Summary Question: What is the company's hedging strategy in the event of declining gold prices next year? - The company is currently unhedged on gold prices and plans to remain so, focusing on conservative budgeting to manage potential declines [84][86] Question: Is there any plan on TRX doing a stock buyback? - While no promises can be made, the idea of a stock buyback has entered the company's mindset, particularly if gold prices remain strong [87][88] Question: Can we count on a leadership team to remain focused on bigger picture and less on being acquired? - The leadership team is focused on increasing asset value and has not indicated any interest in being acquired [89] Question: What do you attribute to sustained increase in daily trading volume? - The increase in trading volume is attributed to better financial results and a strong shareholder base, rather than significant influence from institutional investors [90]
Curious Minds, Compassionate Hearts | Sharada Prasad Bharadwaj | TEDxNHVPS Youth
TEDx Talks· 2025-12-04 17:20
[music] up on screen. You can see my PPT. You might wonder why I just ran through my PPD.This was my script. I think I owe it to myself and to all of you that this particular topic curiosity is a heart-to-heart topic. I don't think I can speak what was in the script. I couldn't look myself in the green room mirror.For the next 10 seconds, just remain completely silent. Don't think, don't speak, just observe. Weird, right.Judging by the look on your faces, extremely confused and very irritated. But something ...
A Courage to Bring - Solo Drive, a Hero Within | Bharulata Kamble | TEDxIITRopar
TEDx Talks· 2025-12-03 16:36
Overcoming Adversity and Achieving Dreams - The speaker recounts a personal journey of recovery from severe post-traumatic stress disorder following a road traffic accident [1] - The journey involved overcoming fear, anxiety, and depression to fulfill a dream of driving from the United Kingdom to India [3][9] - The speaker drove solo through 32 countries in 57 days, covering 35,383 kilometers [4] Expedition Details and Challenges - The expedition included driving through nine mountain ranges, nine time zones, the Arctic Circle, and three major deserts [5] - The speaker acted as their own mechanic and doctor, performing car repairs and administering first aid in remote locations [6] - Pre-expedition preparations included cooking and freezing two months' worth of meals for the family [7] Inspiring Others and Personal Growth - The journey was described as a pilgrimage and a conversation with oneself, emphasizing personal exploration and growth [8][9] - The speaker highlights the importance of overcoming fear and taking journeys within oneself to inspire and motivate others [10] - The speaker emphasizes that anything is possible with determination and that individuals have the power to overcome their own challenges [9][10] Positive Interactions and Humanity - The speaker shares instances of kindness and help received from strangers along the way, highlighting the positive aspects of humanity [16][19] - Examples include a family in Kyistan offering a meal and a mechanic in China fixing a car suspension for free [16] - The speaker also mentions being treated favorably at the Russia-Latvia border due to being perceived as Indian [17][18][19]
IMPACT Silver Announces Q3 2025 Results with Revenue up 24%
Newsfile· 2025-11-27 14:00
Core Viewpoint - IMPACT Silver Corp. reported significant financial improvements in Q3 2025, driven by higher silver prices and operational efficiencies, positioning the company for future growth [1][3]. Financial Performance - Revenue for Q3 2025 reached $10.7 million, a 24% increase from $8.6 million in Q3 2024 [1]. - Year-to-date mine operating income improved to $5.6 million from a loss of $0.8 million in 2024 [1]. - The net loss in Q3 2025 was reduced to $0.6 million compared to a net loss of $3.1 million in Q3 2024 [1]. Production and Operations - The Zacualpan mill processed 35,437 tonnes of mill feed in Q3 2025, up from 32,901 tonnes in Q3 2024 [4]. - Silver production from the Guadalupe complex increased by 5% to 150,394 ounces in Q3 2025, compared to 142,945 ounces in Q3 2024 [5]. - Revenue from the Zacualpan project was $8.7 million in Q3 2025, up from $6.1 million in Q3 2024, with an 8% increase in production year-over-year [7]. Cost and Efficiency - Revenue per tonne sold increased by 40% to $253.33 in Q3 2025 from $180.90 in Q3 2024, while direct costs per tonne rose by 23% to $180.69 [6]. - The company spent $1.3 million on exploration in Q3 2025, totaling $3.2 million year-to-date [7]. Future Outlook - The company is optimistic about capitalizing on record precious metal prices and ongoing investments in exploration as it heads into 2026 [10]. - Management aims to improve grades and production levels while maintaining cost discipline [10].
Curiosity As a Superpower | Melissa Mendoza | TEDxElmPark
TEDx Talks· 2025-11-14 17:28
Core Idea - Curiosity, when intentionally applied, can be a powerful tool for exploration and discovery [1] - Direct instruction can hinder curiosity, while freedom to explore fosters discovery [1] - The "Let Me See" method encourages individuals to allow themselves to explore possibilities and take action [1] Examples of Curiosity in Action - Steve Jobs' curiosity about calligraphy influenced the design of the Macintosh [2] - Elon Musk's childhood curiosity about programming led to Tesla and SpaceX [2] - Alexander Fleming's curiosity about mold led to the discovery of penicillin, saving millions of lives [2][3] Practical Application - The "Let Me See" challenge encourages trying new things and exploring possibilities [10] - The challenge includes rules inspired by Marie Kondo (sparking curiosity), being playful like the "Elf on the Shelf," and having fun [11][12][13] - The story encourages faking bravery to overcome initial hesitation and discover new passions [16]
American prepares for 110-day journey across Antarctica
NBC News· 2025-11-11 06:39
made it to Antarctica. >> American explorer Colin O'By tonight on the ground in Antarctica. >> You know, it's pretty bare bones and gorgeous.>> Making final preparations to do something he says no human has ever done. Crossing the entire continent from ice shelf to ice shelf, solo and unsupported. >> I'm really curious if I can go back and push myself not just farther in distance than I went last time, but actually sort of in a spiritual context, mind, body, soul.To me, there's no better proving ground for ...