Cenovus’ Christina Lake oil-sands site vented the most natural gas in more than four years into the atmosphere when a wildfire forced an emergency shutdown of the facility in May https://t.co/wWRvUUjE8O ...

Core Insights - Energy Fuels (UUUU) reported a 33.5% decline in revenues in Q1 2025 to $16.9 million due to withholding uranium sales amid falling prices [2][14] - The Heavy Mineral Sands (HMS) segment became the primary revenue contributor, generating $15.5 million from sales of rutile, ilmenite, and zircon [2][14] - The company is cautious about uranium sales in 2025, projecting only 220,000 pounds compared to 450,000 pounds in 2024, as uranium prices have decreased by approximately 12% over the past year [3][4] Revenue and Sales Performance - Q1 2025 revenues dropped to $16.9 million from $25 million in the same quarter last year, primarily due to reduced uranium sales [2][14] - The HMS segment's revenue of $15.5 million came from the sale of 6,836 tons of rutile, 12,852 tons of ilmenite, and 1,429 tons of zircon, mainly from the Kwale Project [2][14] Future Outlook - Energy Fuels does not expect immediate production from the Kwale operation, which is in reclamation, until other projects are operational [4] - The company anticipates continued revenue declines and losses in 2025 due to reduced uranium sales and lower price expectations [4] Strategic Initiatives - The diversification into the HMS sector is seen as beneficial for long-term growth, targeting titanium and zirconium minerals while also producing monazite as a byproduct [5][6] - Energy Fuels acquired Base Resources in 2024, gaining control of the Toliara HMS project in Madagascar, with development expected to resume following the lifting of the project's suspension [7] - The company is also advancing its Bahia HMS project in Brazil and holds an option for up to 49% in the Donald Project in Australia, with a final investment decision expected in late 2025 [8] Industry Comparison - Cameco Corporation (CCJ) reported a 24% increase in Q1 revenues to $789 million, with uranium revenues up 10% to $619 million, indicating a contrasting performance in the uranium sector [11][12] - Energy Fuels shares have increased by 12.5% this year, outperforming the industry's growth of 0.4% [15]

Core Viewpoint - Kenmare Resources plc has published its Report on Payments to Governments for the financial year ended 31 December 2024, detailing payments made to the Government of Mozambique, with total payments amounting to $20,323,000, which includes taxes, royalties, and fees [3][4][22]. Company Overview - Kenmare Resources plc is a leading global producer of titanium minerals and zircon, operating the Moma Titanium Minerals Mine in northern Mozambique, which accounts for approximately 6% of global titanium feedstocks [3][6]. - The company is incorporated in Ireland and has listings on the London Stock Exchange and Euronext Dublin [6][25]. Report Scope and Compliance - The report complies with the Transparency Regulations and the Companies Act, detailing payments related to the exploration, development, and extraction of minerals [5][9]. - Payments are disclosed on a cash basis and are categorized into royalties, taxes, and fees, among others [12][14]. Financial Summary - Total payments to the Government of Mozambique for 2024 include: - Taxes: $9,921,000 - Royalties: $10,087,000 - Fees: $315,000 - Total: $20,323,000 [22]. - The mining operations are conducted by wholly-owned subsidiaries, Kenmare Moma Mining (Mauritius) Limited and Kenmare Moma Processing (Mauritius) Limited, which account for 100% of the Group's turnover [7][10]. Payment Details - The Group is subject to a mining royalty of 3% based on Heavy Mineral Concentrate (HMC) sold, and a revenue royalty of 1% on revenue recognized by the processing subsidiary [14][15]. - The corporation tax rate applicable to the Mozambique branch is 35% on taxable profits [15]. Community and Infrastructure Contributions - Payments for infrastructure improvements and social investments are excluded from the report, focusing instead on direct payments to the government [17].

Core Viewpoint - Kenmare Resources plc has published its Report on Payments to Governments for the financial year ended 31 December 2024, detailing payments made to the Government of Mozambique related to its mining operations at the Moma Titanium Minerals Mine [2][3]. Company Overview - Kenmare Resources plc is a leading global producer of titanium minerals and zircon, operating the Moma Titanium Minerals Mine in northern Mozambique, which accounts for approximately 6% of global titanium feedstocks [5][22]. - The company is incorporated in Ireland and has a premium listing on the London Stock Exchange, with a secondary listing on Euronext Dublin [5]. Regulatory Compliance - The report complies with the Transparency Regulations, Companies Act 2014, and UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules, ensuring transparency in payments made to governments [4]. Payment Analysis - The report categorizes payments made to the Government of Mozambique, including taxes, royalties, and fees, with a total payment of $20,323,000 for the year 2024 [21]. - Specific payments include $9,921,000 in taxes, $10,087,000 in royalties, and $315,000 in fees [21]. Operational Structure - The mining operations at the Moma Mine are conducted by Kenmare Moma Mining (Mauritius) Limited and processing by Kenmare Moma Processing (Mauritius) Limited, both wholly-owned subsidiaries of Kenmare [6][9]. - The Group's corporate costs are recorded by the parent company, which does not engage in direct exploration or mining activities [7]. Financial Metrics - For the fiscal year ending 31 December 2024, the margin applied to cash costs of mining was 50.5%, as stipulated in the Mineral Licensing Contract with the Government of Mozambique [12]. - KMML is subject to a mining royalty of 3% based on HMC sold to KMPL, while KMPL pays a revenue royalty of 1% on recognized revenue [13][16]. Community Contributions - The report highlights the Group's contributions to local communities, although specific payments for infrastructure improvements are excluded from the report [10][17].

1Q 2025 total tons sold of approximately 1.1 million 1Q 2025 revenue of $65.6 million 1Q 2025 cash flow from operations of $8.7 millionYARDLEY, Pa., May 13, 2025 /PRNewswire/ -- Smart Sand, Inc. (NASDAQ: SND) (the "Company" or "Smart Sand"), a fully integrated frac and industrial sand supply and services company, a low-cost producer of high quality Northern White sand, a proppant logistics solutions provider through both its in-basin transloading terminals and SmartSystemsTM products and services, and a p ...

Mammoth Energy Services (TUSK) Q1 2025 Earnings Call May 07, 2025 11:00 AM ET Company Participants Zach Vaughan - Vice PresidentPhil Lancaster - CEO & DirectorMark Layton - CFOJoshua Jayne - Managing Director Operator a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Zach Phong. Thank you. You may begin. Zach Vaughan Thank you, operator, and good morning, everyone. We appreciate you joining us for the Mammoth Energy conference call to review twenty twenty five firs ...

Group 1 - Greenfire Resources Ltd. held its annual meeting of shareholders on May 6, 2025, in Calgary, Alberta, where voting results were announced [1][2] - A total of 56,586,107 Common Shares, representing approximately 80.93% of the issued and outstanding shares, were voted at the meeting [3] - All matters presented at the meeting, including the election of seven directors, were approved [3] Group 2 - The following nominees were elected as directors, with their respective votes for and withheld percentages: - Adam Waterous: 91.67% for, 8.33% withheld - Tom Ebbern: 93.67% for, 6.33% withheld - Henry Hager: 92.55% for, 7.45% withheld - Brian Heald: 93.67% for, 6.33% withheld - Andrew Kim: 91.86% for, 8.14% withheld - David Knight Legg: 93.67% for, 6.33% withheld - David Roosth: 91.86% for, 8.14% withheld [4] Group 3 - Deloitte LLP was appointed as the auditors of Greenfire until the close of the next annual meeting, with remuneration to be determined by the directors [6] Group 4 - Greenfire is an oil sands producer focused on developing long-life and low-decline thermal oil assets in the Athabasca region of Alberta, Canada [7] - The company aims to leverage its large resource base and significant infrastructure to achieve capital-efficient production growth [7]

在落实"三个要求"方面，一是市县自然资源部门要结合本地砂石资源管理特点，制定工作方案抓紧开展 整改。二是要主动牵头，加强与相关部门工作协调，形成工作合力。三是要严肃查处违法违规行为，符 合立案查处的必须立案查处，符合移送司法机关的必须移送。 近日，为切实推进砂石资源管理，规范砂石资源合理开发利用，甘肃省自然资源厅印发《砂石资源专项 整治方案》，按照解决"五个问题"、划分"三个阶段"、落实"三个要求"总体思路，在全省部署开展砂石 资源专项整治工作。 甘肃厅强调，要通过开展专项整治，实现全省砂石资源开发利用符合矿产资源规划、集中开采区设置合 理、砂石采矿权投放有序、"净矿"出让要求得到落实、绿色矿山建设全面推进、审批登记管理规范和严 厉打击违法违规行为的目标，有力保障全省社会经济高质量发展。 在划分"三个阶段"方面，一是排查阶段。要求汇总建立问题台账，"一矿一策"制定方案。二是整改阶 段。要求按照整改方案开展整改，严格规划管控，督促矿山企业及时修订"三合一"方案，对采矿权以山 脊线为界设置矿区范围的通过公开出让等方式进行调整，对过期长期停产矿山，依法依规予以注销。三 是验收阶段。要求各市州自然资源主管部门要对辖区 ...